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| 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% |