Flowers Foods (FLO) Gross Margin (2009 - 2026)
Flowers Foods (FLO) posted quarterly Gross Margin of 48.54% for Q1 2026, down 30.0% year-over-year from 69.34% in Q1 2025, and up 1.27% quarter-over-quarter from 47.93% in Q4 2025.
Flowers Foods (FLO) Gross Margin (2009 - 2026) Analysis & Trends
Flowers Foods (FLO) has reported Gross Margin for 18 consecutive years, with 48.54% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 30.0% year-over-year to 48.54%; the TTM figure through Jan 2026 stood at 48.87% (down 63.0% YoY), while the FY2026 annual figure was 48.87%, down 63.0% from the prior year.
- Gross Margin rose to 48.54% in Q1 2026 per FLO's latest filing, from 47.93% in the prior quarter.
- Across five years, Gross Margin topped out at 49.93% in Q3 2024 and bottomed at 46.85% in Q4 2022.
- Historically, Gross Margin has averaged 48.62% across 5 years, with a median of 48.68% in 2025.
- Annual changes were most pronounced in 2022 — Gross Margin plunged 304 bps — and 2023, when it jumped 167 bps.
- Flowers Foods' Gross Margin stood at 46.85% in 2022, then climbed by 2 bps to 47.94% in 2023, then advanced by 2 bps to 48.84% in 2024, then retreated by 2 bps to 47.93% in 2025, then increased by 1 bps to 48.54% in 2026.
- Business Quant data shows FLO's Gross Margin at 48.54% in Q1 2026, 47.93% in Q4 2025, and 48.82% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.37 Bn | 27.69 Bn | 2.03 Bn | 32.39% |
| 2 | General Mills | 21.49 Bn | 21.03 Bn | 1.60 Bn | 34.79% |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn | 40.18% |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn | 10.79% |
| 5 | J M Smucker | 13.21 Bn | 13.15 Bn | 862.10 Mn | 38.01% |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn | 17.44% |
| 7 | Magnum Ice Cream | 12.22 Bn | 11.50 Bn | - | - |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn | 29.20% |
| 9 | Smithfield Foods | 8.75 Bn | 7.40 Bn | 478.00 Mn | 12.92% |
| 10 | Flowers Foods | 1.49 Bn | 1.47 Bn | 598.38 Mn | 48.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 3, 2026 | 48.54% |
| Oct 4, 2025 | 47.93% |
| Jul 12, 2025 | 48.82% |
| Apr 19, 2025 | 49.92% |
| Dec 28, 2024 | 48.84% |
| Oct 5, 2024 | 49.75% |
| Jul 13, 2024 | 49.93% |
| Apr 20, 2024 | 49.44% |
| Dec 30, 2023 | 47.94% |
| Oct 7, 2023 | 48.51% |
| Jul 15, 2023 | 49.02% |
| Apr 22, 2023 | 47.81% |
| Oct 8, 2022 | 46.85% |
| Jul 16, 2022 | 48.09% |
| Apr 23, 2022 | 49.54% |
| Jan 1, 2022 | 46.93% |
| Oct 9, 2021 | 49.89% |
| Jul 17, 2021 | 50.45% |
| Apr 24, 2021 | 50.58% |
| Oct 3, 2020 | 49.71% |