FLO Flowers Foods margins

Relative Growth: Rel. Growth: 13

Relative Strength: Rel. Strength: 16

Relative Valuation: Rel. Valuation: 70

Relative Profitability: Rel. Profitability: 40

Gross margin

48.6%

Operating margin

2.7%

EBITDA margin

6.3%

Net margin

1.1%

For the latest period, Flowers Foods has a gross margin of 48.6%, an operating margin of 2.7%, an EBITDA margin of 6.3%, and a net margin of 1.1%. All measured margins weakened year over year, led by operating margin with a decline of 3.8 percentage points.

FLO margin history

Gross, operating, EBITDA and net margin trends

Flowers Foods's margins averaged 49% gross, 4.75% operating, 8.22% EBITDA, and 3.05% net during the last 3 years. All four current margins are lower than their three-year averages.

FLO margin expansion

Year-over-year margin changes in percentage points

Flowers Foods's gross margin contracted by 0.8 percentage points, operating margin by 3.8 percentage points, EBITDA margin by 3.7 percentage points, and net margin by 3.2 percentage points, led by operating margin with a decline of 3.8 percentage points.

Gross margin expansion

-0.8pp

Operating margin expansion

-3.8pp

EBITDA margin expansion

-3.7pp

Net margin expansion

-3.2pp

FLO Gross margin

The average gross margin for Flowers Foods was 49% during the last 3 years. The latest gross margin for Flowers Foods is 48.6%, 0.4 percentage points below its three-year average. The gross margin for Flowers Foods moved between 48.3% in Dec 2023 and 49.6% in Apr 2025.

FLO Operating margin

Over the last 3 years, Flowers Foods recorded an average operating margin of 4.75%. Compared with its three-year average, Flowers Foods's current operating margin is 2.7% and is 2.1 percentage points below its three-year average. The highest operating margin for Flowers Foods was 6.8% in Dec 2024, while the lowest was 2.7% in Jul 2026.

FLO EBITDA margin

Over the last 3 years, Flowers Foods's EBITDA margin averaged 8.22%. Currently, Flowers Foods's current EBITDA margin is 6.3%, which is 1.9 percentage points below its three-year average. During this period, EBITDA margin reached a high of 10.3% in Dec 2024 and a low of 6.3% in Jul 2026.

FLO Net margin

Over the last 3 years, Flowers Foods's net margin averaged 3.05%. At present, Flowers Foods's current net margin is 1.1%, which is 2 percentage points below its three-year average. During this period, net margin reached a high of 4.9% in Dec 2024 and a low of 1.1% in Jul 2026.

FLO margin group comparison

Margins compared with peer-group, industry and sector averages

Flowers Foods's gross margin of 48.6% is above the Consumer Defensive sector and the industry average. Compared to its Consumer Defensive sector average of 36.6%, Flowers Foods's gross margin is 33% higher.

FLO margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Flowers Foods's gross margin?

The current gross margin for FLO is 48.6% as of Jul 18, 2026.

What is Flowers Foods's operating margin?

The current operating margin for FLO is 2.7% as of Jul 18, 2026.

What is Flowers Foods's EBITDA margin?

The current EBITDA margin for FLO is 6.3% as of Jul 18, 2026.

What is Flowers Foods's net margin?

As of Jul 18, 2026, FLO has a net margin of 1.1%.

What are the average margins of FLO?

The three-year average margins for FLO were 49.0% gross, 4.8% operating, 8.2% EBITDA, and 3.1% net.

What are the highest historical margins of FLO?

Over this 5-year history, FLO peaked at 49.8% gross in Jan 2022, 6.8% operating in Dec 2024, 10.3% EBITDA in Dec 2024, and 4.9% net in Dec 2024.

What are the lowest historical margins of FLO?

Over the last 5 years, Flowers Foods's lowest margins were 47.4% gross in Apr 2023, 2.7% operating in Jul 2026, 6.3% EBITDA in Jul 2026, and 1.1% net in Jul 2026.