Flowers Foods (FLO) Gross Margin (2009 - 2026)

Flowers Foods' (FLO) quarterly Gross Margin came in at 48.54% in Q1 2026, down 30.0% year-on-year from 69.34% in Q1 2025, and up 1.27% on a QoQ basis from 47.93% in Q4 2025.

Flowers Foods (FLO) Gross Margin (2009 - 2026) Analysis & Trends

Flowers Foods (FLO) has 18 years of Gross Margin data on file, last reported at 48.54% in Q1 2026.

  • On a quarterly basis, Gross Margin fell 30.0% year-over-year to 48.54% in Q1 2026; TTM through Jan 2026 was 48.87%, a 63.0% decrease from a year earlier, with the FY2026 full-year figure at 48.87%, down 63.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 48.54%, up from 47.93% in the prior quarter.
  • Over the last five years, Gross Margin for FLO reached as high as 49.93% in Q3 2024 and fell as low as 46.85% in Q4 2022.
  • Historically, Gross Margin has averaged 48.62% across 5 years, with a median of 48.68% in 2025.
  • Across the five-year window, Gross Margin slumped 304 bps in 2022 and surged 167 bps in 2023, its largest moves.
  • Year by year, Gross Margin stood at 46.85% in 2022, then increased by 2 bps to 47.94% in 2023, then grew by 2 bps to 48.84% in 2024, then slipped by 2 bps to 47.93% in 2025, then gained by 1 bps to 48.54% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 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 30.05 Bn 26.07 Bn 2.22 Bn 36.70%
2 General Mills 19.11 Bn 18.67 Bn 1.60 Bn 34.79%
3 Hormel Foods 13.78 Bn 12.93 Bn 518.51 Mn 17.44%
4 Mccormick 13.51 Bn 13.76 Bn 778.20 Mn 40.18%
5 Magnum Ice Cream 10.87 Bn 10.35 Bn - -
6 Smithfield Foods 10.26 Bn 8.88 Bn 511.00 Mn 13.45%
7 Darling Ingredients 10.06 Bn 10.02 Bn 404.92 Mn 26.11%
8 Conagra Brands 6.88 Bn 6.66 Bn 704.10 Mn 24.43%
9 Lamb Weston Holdings 6.84 Bn 6.78 Bn 361.40 Mn 20.42%
10 Flowers Foods 1.77 Bn 1.76 Bn 598.38 Mn 48.54%

Historic Data

Download Data
DateValue
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%