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Side-by-side financial comparison of Atour Lifestyle Holdings Ltd (ATAT) and FLOWERS FOODS INC (FLO). Click either name above to swap in a different company.

FLOWERS FOODS INC is the larger business by last-quarter revenue ($1.2B vs $789.6M, roughly 1.6× Atour Lifestyle Holdings Ltd). On growth, Atour Lifestyle Holdings Ltd posted the faster year-over-year revenue change (252.5% vs 11.0%).

Atour Lifestyle Holdings Ltd is a leading China-based hospitality and lifestyle enterprise. It operates a wide portfolio of mid-to-premium hotel brands for business and leisure travelers, and offers complementary lifestyle retail products and experience services, catering primarily to middle-class consumers across domestic and selected overseas markets.

Flowers Foods, headquartered in Thomasville, Georgia, is a producer and marketer of packaged bakery foods in the United States. The company operates 44 bakeries across 19 states that produce a variety of products, including bread, buns, rolls, snack cakes, pastries, and tortillas. As of February 2013, Flowers Foods had grown to be the "second-largest baking company in the United States."

ATAT vs FLO — Head-to-Head

Bigger by revenue
FLO
FLO
1.6× larger
FLO
$1.2B
$789.6M
ATAT
Growing faster (revenue YoY)
ATAT
ATAT
+241.6% gap
ATAT
252.5%
11.0%
FLO

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ATAT
ATAT
FLO
FLO
Revenue
$789.6M
$1.2B
Net Profit
$139.1M
Gross Margin
Operating Margin
22.5%
Net Margin
17.6%
Revenue YoY
252.5%
11.0%
Net Profit YoY
322.2%
EPS (diluted)
$0.33

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ATAT
ATAT
FLO
FLO
Q4 25
$1.2B
Q3 25
$789.6M
$1.2B
Q2 25
$1.6B
Q4 24
$1.2B
Q3 24
$224.0M
$1.2B
Q2 24
$1.6B
Q1 24
$203.4M
Q1 23
$106.8M
Net Profit
ATAT
ATAT
FLO
FLO
Q4 25
$39.5M
Q3 25
$139.1M
$58.4M
Q2 25
$53.0M
Q4 24
$65.0M
Q3 24
$33.0M
$67.0M
Q2 24
$73.0M
Q1 24
$35.6M
Q1 23
$2.5M
Operating Margin
ATAT
ATAT
FLO
FLO
Q4 25
5.4%
Q3 25
22.5%
7.5%
Q2 25
5.5%
Q4 24
7.6%
Q3 24
14.7%
7.8%
Q2 24
6.4%
Q1 24
22.1%
Q1 23
8.0%
Net Margin
ATAT
ATAT
FLO
FLO
Q4 25
3.2%
Q3 25
17.6%
4.7%
Q2 25
3.4%
Q4 24
5.5%
Q3 24
14.7%
5.5%
Q2 24
4.6%
Q1 24
17.5%
Q1 23
2.3%
EPS (diluted)
ATAT
ATAT
FLO
FLO
Q4 25
$0.19
Q3 25
$0.33
$0.28
Q2 25
$0.25
Q4 24
$0.31
Q3 24
$0.08
$0.32
Q2 24
$0.34
Q1 24
$0.09
Q1 23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ATAT
ATAT
FLO
FLO
Cash + ST InvestmentsLiquidity on hand
$669.2M
$12.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$405.0M
Total Assets
$1.1B
$4.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATAT
ATAT
FLO
FLO
Q4 25
$16.7M
Q3 25
$669.2M
$11.0M
Q2 25
$7.3M
Q4 24
$15.0M
Q3 24
$506.0M
$6.9M
Q2 24
$15.8M
Q1 24
$520.7M
Q1 23
$272.5M
Total Debt
ATAT
ATAT
FLO
FLO
Q4 25
$1.8B
Q3 25
$1.7B
Q2 25
$1.8B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.0B
Q1 24
$277.0K
Q1 23
Stockholders' Equity
ATAT
ATAT
FLO
FLO
Q4 25
$1.4B
Q3 25
$405.0M
$1.4B
Q2 25
$1.4B
Q4 24
$1.4B
Q3 24
$291.3M
$1.4B
Q2 24
$1.4B
Q1 24
$323.5M
Q1 23
$185.5M
Total Assets
ATAT
ATAT
FLO
FLO
Q4 25
$4.3B
Q3 25
$1.1B
$4.3B
Q2 25
$4.3B
Q4 24
$3.4B
Q3 24
$927.8M
$3.4B
Q2 24
$3.4B
Q1 24
$936.3M
Q1 23
Debt / Equity
ATAT
ATAT
FLO
FLO
Q4 25
1.25×
Q3 25
1.23×
Q2 25
1.26×
Q4 24
0.75×
Q3 24
0.77×
Q2 24
0.76×
Q1 24
0.00×
Q1 23

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ATAT
ATAT
FLO
FLO
Operating Cash FlowLast quarter
$216.6M
$125.4M
Free Cash FlowOCF − Capex
$210.7M
FCF MarginFCF / Revenue
26.7%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
1.56×
TTM Free Cash FlowTrailing 4 quarters
$359.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATAT
ATAT
FLO
FLO
Q4 25
$54.4M
Q3 25
$216.6M
$130.8M
Q2 25
$135.6M
Q4 24
$113.9M
Q3 24
$84.8M
$63.3M
Q2 24
$105.1M
Q1 24
$19.8M
Q1 23
$49.9M
Free Cash Flow
ATAT
ATAT
FLO
FLO
Q4 25
$30.4M
Q3 25
$210.7M
$100.0M
Q2 25
$110.1M
Q4 24
$88.6M
Q3 24
$83.3M
$35.4M
Q2 24
$71.8M
Q1 24
$18.1M
Q1 23
$47.5M
FCF Margin
ATAT
ATAT
FLO
FLO
Q4 25
2.5%
Q3 25
26.7%
8.0%
Q2 25
7.1%
Q4 24
7.4%
Q3 24
37.2%
2.9%
Q2 24
4.6%
Q1 24
8.9%
Q1 23
44.5%
Capex Intensity
ATAT
ATAT
FLO
FLO
Q4 25
2.0%
Q3 25
0.8%
2.5%
Q2 25
1.6%
Q4 24
2.1%
Q3 24
0.7%
2.3%
Q2 24
2.1%
Q1 24
0.9%
Q1 23
2.3%
Cash Conversion
ATAT
ATAT
FLO
FLO
Q4 25
1.38×
Q3 25
1.56×
2.24×
Q2 25
2.56×
Q4 24
1.75×
Q3 24
2.57×
0.94×
Q2 24
1.44×
Q1 24
0.56×
Q1 23
20.23×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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