Flowers Foods (FRA:FWF) Gross Margin %: 49.39% (As of Mar. 2026) — Near Median


FRA:FWF Flowers Foods Inc FRA:FWF
52 GF Score
Price €6.61
GF Value €18.16
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Flowers Foods Gross Margin %?

Flowers Foods FRA:FWF -1.20% 52 Gross Margin % is 49.39% as of Mar. 2026, which is 2% above its 10-year median of 48.57. GuruFocus rates FRA:FWF with a GF Score™ of 52/100 and a GF Value™ of €18.16 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,901 Consumer Packaged Goods companies, Flowers Foods ranks better than 83.27% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Flowers Foods's Gross Profit for the three months ended in Mar. 2026 was €671 Mil. Flowers Foods's Revenue for the three months ended in Mar. 2026 was €1,359 Mil. Therefore, Flowers Foods's Gross Margin % for the quarter that ended in Mar. 2026 was 49.39%.


The historical rank and industry rank for Flowers Foods's Gross Margin % or its related term are showing as below:

FRA:FWF' s Gross Margin % Range Over the Past 10 Years
Min: 47.7   Med: 48.57   Max: 49.95
Current: 48.72


During the past 13 years, the highest Gross Margin % of Flowers Foods was 49.95%. The lowest was 47.70%. And the median was 48.57%.

FRA:FWF's Gross Margin % is ranked better than
83.27% of 1901 companies
in the Consumer Packaged Goods industry
Industry Median: 26.37 vs FRA:FWF: 48.72

Flowers Foods had a gross margin of 49.39% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Flowers Foods was -0.30% per year.


Flowers Foods  (FRA:FWF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Flowers Foods had a gross margin of 49.39% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Flowers Foods Gross Margin % Related Terms


Flowers Foods Gross Margin % Historical Data

* Premium members only.

The historical data trend for Flowers Foods's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Flowers Foods Gross Margin % Chart

Flowers Foods Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.77 47.94 48.30 49.50 48.87

Flowers Foods Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.92 48.82 47.93 48.54 49.39

FRA:FWF vs NOMD, JJSF, BRBR: Gross Margin % Comparison

For the Packaged Foods subindustry, Flowers Foods's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Flowers Foods Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Flowers Foods's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Flowers Foods's Gross Margin % falls into.


FRA:FWF
52GF Score
Flowers Foods Inc FRA:FWF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Flowers Foods Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Flowers Foods's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=2193.8 / 4489.033
=(Revenue - Cost of Goods Sold) / Revenue
=(4489.033 - 2295.198) / 4489.033
=48.87 %

Flowers Foods's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=671.4 / 1359.414
=(Revenue - Cost of Goods Sold) / Revenue
=(1359.414 - 688.011) / 1359.414
=49.39 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 49.39% mean?
Flowers Foods (FRA:FWF) has a Gross Margin % of 49.39% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Flowers Foods and its competitors. This is near median its historical median of 48.57. Over the past decade, Flowers Foods' Gross Margin % has ranged from 47.70 to 49.95. According to the industry distribution chart, Flowers Foods ranks #318 out of 1901 companies in the Consumer Packaged Goods industry, placing it in the top 16.7%.
Is Flowers Foods' Gross Margin % too high?
Flowers Foods' current Gross Margin % of 49.39% is near median its 10-year median of 48.57. Over the past 10 years, this metric has ranged from a low of 47.70 to a high of 49.95. The Consumer Packaged Goods industry median Gross Margin % is 26.37. Flowers Foods' value of 49.39% is 87.3% above this industry median. Based on the distribution chart, Flowers Foods ranks #318 out of 1901 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Flowers Foods has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Flowers Foods' Gross Margin % compare to NOMD and JJSF?
According to the Consumer Packaged Goods industry distribution chart, Flowers Foods ranks #318 out of 1901 companies for Gross Margin %. This places Flowers Foods in the top 17% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.37. Flowers Foods' value of 49.39% is 87.3% above this benchmark. Historically, Flowers Foods' own Gross Margin % has ranged from 47.70 to 49.95 over the past decade. While the company's 10-year median is 48.57 vs. the industry median of 26.37, Flowers Foods has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,901 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Flowers Foods's current Gross Margin % of 49.39% is 87.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Flowers Foods and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flowers Foods's current Gross Margin % is 49.39%, which is near median its own 10-year median of 48.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flowers Foods stock overvalued right now?
Based on GuruFocus' analysis, Flowers Foods (FRA:FWF) is currently considered Significantly Undervalued. The stock's GF Value™ is €18.16, compared to a current price of €6.61 — trading 63.6% below its estimated fair value. The current Gross Margin % is 49.39%, which is near median its 10-year median of 48.57 and 87.3% above the Consumer Packaged Goods industry median of 26.37. Flowers Foods' overall GF Score™ is 52/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Flowers Foods (FRA:FWF), the current Gross Margin % is 49.39% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Flowers Foods (FRA:FWF) Overvalued in 2026?

Based on GuruFocus' analysis, Flowers Foods stock appears to be undervalued. The current stock price of €6.61 is trading 63.6% below its estimated GF Value™ of €18.16. GuruFocus considers Flowers Foods to be Significantly Undervalued.

Key valuation signals for FRA:FWF:

  • Gross Margin %: 49.39% (near median its 10-year median of 48.57)
  • GF Value™: €18.16 vs. price of €6.61 (63.6% below fair value)
  • GF Score™: 52/100 with 6 warning signs
  • Industry Position: 87.3% above the Consumer Packaged Goods median (#318 of 1901)

No single metric tells the full story. See the FRA:FWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Flowers Foods Business Description

Other Exchanges FLO:USAFLO:Mexico
Address 1919 Flowers Circle, Thomasville, GA, USA, 31757
Flowers Foods Inc operates as a producer and marketer of packaged bakery foods in the United States. Its principal products include breads, buns, rolls, snack items (bars, cakes, cookies, and crackers), bagels, English muffins, tortillas, and baking mixes. These products are sold under the brand names Nature's Own, Dave's Killer Bread (DKB), Canyon Bakehouse, Simple Mills, Wonder, and Tastykake. The company derives the majority of its revenue from the sales of its bakery products.
52GF Score

Get the complete analysis for FRA:FWF

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€6.61
Price
€18.16
GF Value