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Side-by-side financial comparison of FLOWERS FOODS INC (FLO) and Fortive (FTV). Click either name above to swap in a different company.

FLOWERS FOODS INC is the larger business by last-quarter revenue ($1.2B vs $1.0B, roughly 1.2× Fortive). On growth, Fortive posted the faster year-over-year revenue change (-33.1% vs -75.8%). Over the past eight quarters, FLOWERS FOODS INC's revenue compounded faster (-11.6% CAGR vs -19.5%).

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."

Fortive Corporation is an American industrial technology conglomerate company headquartered in Everett, Washington. The company specializes in providing essential technologies for connected workflow solutions; designing, developing, manufacturing and distributing professional and engineered products, software and services. Their products and services are split into three strategic segments; Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. As of Decem...

FLO vs FTV — Head-to-Head

Bigger by revenue
FLO
FLO
1.2× larger
FLO
$1.2B
$1.0B
FTV
Growing faster (revenue YoY)
FTV
FTV
+42.8% gap
FTV
-33.1%
-75.8%
FLO
Faster 2-yr revenue CAGR
FLO
FLO
Annualised
FLO
-11.6%
-19.5%
FTV

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
FLO
FLO
FTV
FTV
Revenue
$1.2B
$1.0B
Net Profit
$55.0M
Gross Margin
63.2%
Operating Margin
15.5%
Net Margin
5.4%
Revenue YoY
-75.8%
-33.1%
Net Profit YoY
-75.2%
EPS (diluted)
$0.16

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
FLO
FLO
FTV
FTV
Q4 25
$1.2B
Q3 25
$1.2B
$1.0B
Q2 25
$1.6B
$1.5B
Q1 25
$1.5B
Q4 24
$1.2B
$1.6B
Q3 24
$1.2B
$1.5B
Q2 24
$1.6B
$1.6B
Q1 24
$1.5B
Net Profit
FLO
FLO
FTV
FTV
Q4 25
$39.5M
Q3 25
$58.4M
$55.0M
Q2 25
$53.0M
$166.6M
Q1 25
$171.9M
Q4 24
$65.0M
$208.8M
Q3 24
$67.0M
$221.6M
Q2 24
$73.0M
$195.1M
Q1 24
$207.4M
Gross Margin
FLO
FLO
FTV
FTV
Q4 25
Q3 25
63.2%
Q2 25
59.0%
Q1 25
59.8%
Q4 24
60.3%
Q3 24
60.0%
Q2 24
59.8%
Q1 24
59.3%
Operating Margin
FLO
FLO
FTV
FTV
Q4 25
5.4%
Q3 25
7.5%
15.5%
Q2 25
5.5%
14.6%
Q1 25
15.8%
Q4 24
7.6%
19.0%
Q3 24
7.8%
19.3%
Q2 24
6.4%
19.4%
Q1 24
19.8%
Net Margin
FLO
FLO
FTV
FTV
Q4 25
3.2%
Q3 25
4.7%
5.4%
Q2 25
3.4%
11.0%
Q1 25
11.7%
Q4 24
5.5%
12.9%
Q3 24
5.5%
14.4%
Q2 24
4.6%
12.6%
Q1 24
13.6%
EPS (diluted)
FLO
FLO
FTV
FTV
Q4 25
$0.19
Q3 25
$0.28
$0.16
Q2 25
$0.25
$0.49
Q1 25
$0.50
Q4 24
$0.31
$0.60
Q3 24
$0.32
$0.63
Q2 24
$0.34
$0.55
Q1 24
$0.58

Balance Sheet & Financial Strength

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

Metric
FLO
FLO
FTV
FTV
Cash + ST InvestmentsLiquidity on hand
$12.1M
$430.8M
Total DebtLower is stronger
$3.3B
Stockholders' EquityBook value
$6.5B
Total Assets
$4.2B
$11.9B
Debt / EquityLower = less leverage
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLO
FLO
FTV
FTV
Q4 25
$16.7M
Q3 25
$11.0M
$430.8M
Q2 25
$7.3M
$1.8B
Q1 25
$892.1M
Q4 24
$15.0M
$813.3M
Q3 24
$6.9M
$811.3M
Q2 24
$15.8M
$644.1M
Q1 24
$704.6M
Total Debt
FLO
FLO
FTV
FTV
Q4 25
$1.8B
Q3 25
$1.7B
$3.3B
Q2 25
$1.8B
$4.8B
Q1 25
$3.9B
Q4 24
$1.1B
$3.7B
Q3 24
$1.1B
$3.9B
Q2 24
$1.0B
$3.8B
Q1 24
$3.9B
Stockholders' Equity
FLO
FLO
FTV
FTV
Q4 25
$1.4B
Q3 25
$1.4B
$6.5B
Q2 25
$1.4B
$10.4B
Q1 25
$10.2B
Q4 24
$1.4B
$10.2B
Q3 24
$1.4B
$10.6B
Q2 24
$1.4B
$10.5B
Q1 24
$10.5B
Total Assets
FLO
FLO
FTV
FTV
Q4 25
$4.3B
Q3 25
$4.3B
$11.9B
Q2 25
$4.3B
$18.2B
Q1 25
$17.1B
Q4 24
$3.4B
$17.0B
Q3 24
$3.4B
$17.5B
Q2 24
$3.4B
$17.3B
Q1 24
$17.5B
Debt / Equity
FLO
FLO
FTV
FTV
Q4 25
1.25×
Q3 25
1.23×
0.51×
Q2 25
1.26×
0.46×
Q1 25
0.38×
Q4 24
0.75×
0.36×
Q3 24
0.77×
0.37×
Q2 24
0.76×
0.36×
Q1 24
0.38×

Cash Flow & Capital Efficiency

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

Metric
FLO
FLO
FTV
FTV
Operating Cash FlowLast quarter
$125.4M
$164.4M
Free Cash FlowOCF − Capex
$153.1M
FCF MarginFCF / Revenue
14.9%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
2.99×
TTM Free Cash FlowTrailing 4 quarters
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLO
FLO
FTV
FTV
Q4 25
$54.4M
Q3 25
$130.8M
$164.4M
Q2 25
$135.6M
$311.2M
Q1 25
$241.7M
Q4 24
$113.9M
$502.2M
Q3 24
$63.3M
$459.0M
Q2 24
$105.1M
$308.9M
Q1 24
$256.7M
Free Cash Flow
FLO
FLO
FTV
FTV
Q4 25
$30.4M
Q3 25
$100.0M
$153.1M
Q2 25
$110.1M
$274.5M
Q1 25
$215.0M
Q4 24
$88.6M
$465.2M
Q3 24
$35.4M
$431.2M
Q2 24
$71.8M
$279.7M
Q1 24
$230.3M
FCF Margin
FLO
FLO
FTV
FTV
Q4 25
2.5%
Q3 25
8.0%
14.9%
Q2 25
7.1%
18.1%
Q1 25
14.6%
Q4 24
7.4%
28.7%
Q3 24
2.9%
28.1%
Q2 24
4.6%
18.0%
Q1 24
15.1%
Capex Intensity
FLO
FLO
FTV
FTV
Q4 25
2.0%
Q3 25
2.5%
1.1%
Q2 25
1.6%
2.4%
Q1 25
1.8%
Q4 24
2.1%
2.3%
Q3 24
2.3%
1.8%
Q2 24
2.1%
1.9%
Q1 24
1.7%
Cash Conversion
FLO
FLO
FTV
FTV
Q4 25
1.38×
Q3 25
2.24×
2.99×
Q2 25
2.56×
1.87×
Q1 25
1.41×
Q4 24
1.75×
2.41×
Q3 24
0.94×
2.07×
Q2 24
1.44×
1.58×
Q1 24
1.24×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FLO
FLO

Segment breakdown not available.

FTV
FTV

Advanced Healthcare Solutions$328.3M32%
Industrial Manufacturing$287.9M28%
Energy And Infrastructure$166.7M16%
Government$88.0M9%
Retail$82.7M8%
Other Direct End Markets$79.6M8%

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