Flowers Foods Inc (FLO)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Oct 7, 2023 | Sep 30, 2023 | Jul 15, 2023 | Jun 30, 2023 | Apr 22, 2023 | Mar 31, 2023 | Dec 31, 2022 | Oct 8, 2022 | Sep 30, 2022 | Jun 30, 2022 | Apr 23, 2022 | Mar 31, 2022 | Dec 31, 2021 | Oct 9, 2021 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 248,116 | 240,670 | 128,956 | 15,259 | 5,976 | 34,060 | 151,500 | 268,940 | 253,777 | 230,545 | 200,363 | 183,333 | 220,325 | 265,386 | 264,180 | 249,352 | 202,615 | 173,384 | 190,420 | 223,223 |
| Total stockholders’ equity | US$ in thousands | 1,410,110 | 1,406,530 | 1,384,410 | 1,375,880 | 1,351,780 | 1,374,650 | 1,374,650 | 1,470,070 | 1,470,070 | 1,461,590 | 1,461,590 | 1,443,290 | 1,434,760 | 1,434,760 | 1,447,470 | 1,459,420 | 1,459,420 | 1,411,270 | 1,411,930 | 1,411,930 |
| ROE | 17.60% | 17.11% | 9.31% | 1.11% | 0.44% | 2.48% | 11.02% | 18.29% | 17.26% | 15.77% | 13.71% | 12.70% | 15.36% | 18.50% | 18.25% | 17.09% | 13.88% | 12.29% | 13.49% | 15.81% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $248,116K ÷ $1,410,110K
= 17.60%
Flowers Foods Inc's return on equity (ROE) has shown fluctuations over the periods reported. As of December 31, 2024, the ROE stands at 17.60%, indicating the company generated a profit of 17.60% for each dollar of shareholders' equity invested.
The trend of ROE from September 2021 to December 2024 shows varying performance levels. The ROE increased from 15.81% in September 2021 to a peak of 18.50% in September 2022, showcasing a positive trend. However, there was a decline in ROE to 0.44% by December 31, 2023, which indicates a significant drop in profitability.
From March 2024 onwards, Flowers Foods Inc managed to recover, with the ROE gradually improving to 17.60% by December 31, 2024. This upturn suggests that the company effectively improved its profitability relative to the shareholders' equity during the period.
It is essential for investors and stakeholders to monitor the ROE as it provides insights into the company's efficiency in generating profits from shareholders' investments. The fluctuations in ROE highlight the company's ability to effectively utilize shareholders' equity to generate returns over time.
Peer comparison
Dec 31, 2024