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

Grab Holdings Ltd is the larger business by last-quarter revenue ($1.5B vs $1.2B, roughly 1.2× FLOWERS FOODS INC).

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."

Grab Holdings Inc. is a Singaporean multinational technology company headquartered in one-north, Singapore. It is the developer of a super-app for ride-hailing, food delivery, and digital payment services on mobile devices. It operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, the Philippines, Thailand, and Vietnam.

FLO vs GRAB — Head-to-Head

Bigger by revenue
GRAB
GRAB
1.2× larger
GRAB
$1.5B
$1.2B
FLO

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
FLO
FLO
GRAB
GRAB
Revenue
$1.2B
$1.5B
Net Profit
$26.0M
Gross Margin
43.1%
Operating Margin
-2.5%
Net Margin
1.8%
Revenue YoY
-75.8%
Net Profit YoY
EPS (diluted)
$0.01

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
GRAB
GRAB
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.6B
Q4 24
$1.2B
$1.5B
Q3 24
$1.2B
Q2 24
$1.6B
Net Profit
FLO
FLO
GRAB
GRAB
Q4 25
$39.5M
Q3 25
$58.4M
Q2 25
$53.0M
Q4 24
$65.0M
$26.0M
Q3 24
$67.0M
Q2 24
$73.0M
Gross Margin
FLO
FLO
GRAB
GRAB
Q4 25
Q3 25
Q2 25
Q4 24
43.1%
Q3 24
Q2 24
Operating Margin
FLO
FLO
GRAB
GRAB
Q4 25
5.4%
Q3 25
7.5%
Q2 25
5.5%
Q4 24
7.6%
-2.5%
Q3 24
7.8%
Q2 24
6.4%
Net Margin
FLO
FLO
GRAB
GRAB
Q4 25
3.2%
Q3 25
4.7%
Q2 25
3.4%
Q4 24
5.5%
1.8%
Q3 24
5.5%
Q2 24
4.6%
EPS (diluted)
FLO
FLO
GRAB
GRAB
Q4 25
$0.19
Q3 25
$0.28
Q2 25
$0.25
Q4 24
$0.31
$0.01
Q3 24
$0.32
Q2 24
$0.34

Balance Sheet & Financial Strength

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

Metric
FLO
FLO
GRAB
GRAB
Cash + ST InvestmentsLiquidity on hand
$12.1M
$3.0B
Total DebtLower is stronger
Stockholders' EquityBook value
$6.4B
Total Assets
$4.2B
$9.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLO
FLO
GRAB
GRAB
Q4 25
$16.7M
Q3 25
$11.0M
Q2 25
$7.3M
Q4 24
$15.0M
$3.0B
Q3 24
$6.9M
Q2 24
$15.8M
Total Debt
FLO
FLO
GRAB
GRAB
Q4 25
$1.8B
Q3 25
$1.7B
Q2 25
$1.8B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.0B
Stockholders' Equity
FLO
FLO
GRAB
GRAB
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.4B
Q4 24
$1.4B
$6.4B
Q3 24
$1.4B
Q2 24
$1.4B
Total Assets
FLO
FLO
GRAB
GRAB
Q4 25
$4.3B
Q3 25
$4.3B
Q2 25
$4.3B
Q4 24
$3.4B
$9.3B
Q3 24
$3.4B
Q2 24
$3.4B
Debt / Equity
FLO
FLO
GRAB
GRAB
Q4 25
1.25×
Q3 25
1.23×
Q2 25
1.26×
Q4 24
0.75×
Q3 24
0.77×
Q2 24
0.76×

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
GRAB
GRAB
Operating Cash FlowLast quarter
$125.4M
$591.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
22.73×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLO
FLO
GRAB
GRAB
Q4 25
$54.4M
Q3 25
$130.8M
Q2 25
$135.6M
Q4 24
$113.9M
$591.0M
Q3 24
$63.3M
Q2 24
$105.1M
Free Cash Flow
FLO
FLO
GRAB
GRAB
Q4 25
$30.4M
Q3 25
$100.0M
Q2 25
$110.1M
Q4 24
$88.6M
Q3 24
$35.4M
Q2 24
$71.8M
FCF Margin
FLO
FLO
GRAB
GRAB
Q4 25
2.5%
Q3 25
8.0%
Q2 25
7.1%
Q4 24
7.4%
Q3 24
2.9%
Q2 24
4.6%
Capex Intensity
FLO
FLO
GRAB
GRAB
Q4 25
2.0%
Q3 25
2.5%
Q2 25
1.6%
Q4 24
2.1%
Q3 24
2.3%
Q2 24
2.1%
Cash Conversion
FLO
FLO
GRAB
GRAB
Q4 25
1.38×
Q3 25
2.24×
Q2 25
2.56×
Q4 24
1.75×
22.73×
Q3 24
0.94×
Q2 24
1.44×

Financial Flow Comparison

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

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