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Side-by-side financial comparison of FLOWERS FOODS INC (FLO) and KeyCorp (KEY). Click either name above to swap in a different company.
KeyCorp is the larger business by last-quarter revenue ($2.0B vs $1.2B, roughly 1.6× FLOWERS FOODS INC). On growth, KeyCorp posted the faster year-over-year revenue change (131.8% vs -75.8%). Over the past eight quarters, KeyCorp's revenue compounded faster (14.4% CAGR vs -11.6%).
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."
Key is a Japanese visual novel studio known for making dramatic and plot-oriented titles. It was formed on July 21, 1998, as a brand under the publisher Visual Arts, and is located in Kita, Osaka.
FLO vs KEY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $2.0B |
| Net Profit | — | $510.0M |
| Gross Margin | — | — |
| Operating Margin | — | 32.3% |
| Net Margin | — | 25.4% |
| Revenue YoY | -75.8% | 131.8% |
| Net Profit YoY | — | 309.0% |
| EPS (diluted) | — | $0.43 |
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.
| Q4 25 | $1.2B | $2.0B | ||
| Q3 25 | $1.2B | $1.9B | ||
| Q2 25 | $1.6B | $1.8B | ||
| Q1 25 | — | $1.8B | ||
| Q4 24 | $1.2B | $865.0M | ||
| Q3 24 | $1.2B | $695.0M | ||
| Q2 24 | $1.6B | $1.5B | ||
| Q1 24 | — | $1.5B |
| Q4 25 | $39.5M | $510.0M | ||
| Q3 25 | $58.4M | $489.0M | ||
| Q2 25 | $53.0M | $425.0M | ||
| Q1 25 | — | $405.0M | ||
| Q4 24 | $65.0M | $-244.0M | ||
| Q3 24 | $67.0M | $-410.0M | ||
| Q2 24 | $73.0M | $274.0M | ||
| Q1 24 | — | $219.0M |
| Q4 25 | 5.4% | 32.3% | ||
| Q3 25 | 7.5% | 31.8% | ||
| Q2 25 | 5.5% | 29.3% | ||
| Q1 25 | — | 29.0% | ||
| Q4 24 | 7.6% | -92.6% | ||
| Q3 24 | 7.8% | -72.8% | ||
| Q2 24 | 6.4% | 22.0% | ||
| Q1 24 | — | 18.1% |
| Q4 25 | 3.2% | 25.4% | ||
| Q3 25 | 4.7% | 25.8% | ||
| Q2 25 | 3.4% | 23.1% | ||
| Q1 25 | — | 22.8% | ||
| Q4 24 | 5.5% | -54.7% | ||
| Q3 24 | 5.5% | -59.0% | ||
| Q2 24 | 4.6% | 18.0% | ||
| Q1 24 | — | 14.3% |
| Q4 25 | $0.19 | $0.43 | ||
| Q3 25 | $0.28 | $0.41 | ||
| Q2 25 | $0.25 | $0.35 | ||
| Q1 25 | — | $0.33 | ||
| Q4 24 | $0.31 | $-0.30 | ||
| Q3 24 | $0.32 | $-0.47 | ||
| Q2 24 | $0.34 | $0.25 | ||
| Q1 24 | — | $0.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $12.1M | $10.2B |
| Total DebtLower is stronger | — | $9.9B |
| Stockholders' EquityBook value | — | $20.4B |
| Total Assets | $4.2B | $184.4B |
| Debt / EquityLower = less leverage | — | 0.49× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $16.7M | $10.2B | ||
| Q3 25 | $11.0M | $13.3B | ||
| Q2 25 | $7.3M | $11.6B | ||
| Q1 25 | — | $15.3B | ||
| Q4 24 | $15.0M | $17.5B | ||
| Q3 24 | $6.9M | $22.8B | ||
| Q2 24 | $15.8M | $15.5B | ||
| Q1 24 | — | $13.2B |
| Q4 25 | $1.8B | $9.9B | ||
| Q3 25 | $1.7B | $10.9B | ||
| Q2 25 | $1.8B | $12.1B | ||
| Q1 25 | — | $12.4B | ||
| Q4 24 | $1.1B | $12.1B | ||
| Q3 24 | $1.1B | $15.7B | ||
| Q2 24 | $1.0B | $16.9B | ||
| Q1 24 | — | $20.8B |
| Q4 25 | $1.4B | $20.4B | ||
| Q3 25 | $1.4B | $20.1B | ||
| Q2 25 | $1.4B | $19.5B | ||
| Q1 25 | — | $19.0B | ||
| Q4 24 | $1.4B | $18.2B | ||
| Q3 24 | $1.4B | $16.9B | ||
| Q2 24 | $1.4B | $14.8B | ||
| Q1 24 | — | $14.5B |
| Q4 25 | $4.3B | $184.4B | ||
| Q3 25 | $4.3B | $187.4B | ||
| Q2 25 | $4.3B | $185.5B | ||
| Q1 25 | — | $188.7B | ||
| Q4 24 | $3.4B | $187.2B | ||
| Q3 24 | $3.4B | $189.8B | ||
| Q2 24 | $3.4B | $187.4B | ||
| Q1 24 | — | $187.5B |
| Q4 25 | 1.25× | 0.49× | ||
| Q3 25 | 1.23× | 0.54× | ||
| Q2 25 | 1.26× | 0.62× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | 0.75× | 0.67× | ||
| Q3 24 | 0.77× | 0.93× | ||
| Q2 24 | 0.76× | 1.14× | ||
| Q1 24 | — | 1.43× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $125.4M | $2.2B |
| Free Cash FlowOCF − Capex | — | $2.1B |
| FCF MarginFCF / Revenue | — | 104.8% |
| Capex IntensityCapex / Revenue | — | 5.3% |
| Cash ConversionOCF / Net Profit | — | 4.33× |
| TTM Free Cash FlowTrailing 4 quarters | — | $3.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $54.4M | $2.2B | ||
| Q3 25 | $130.8M | $396.0M | ||
| Q2 25 | $135.6M | $1.2B | ||
| Q1 25 | — | $-140.0M | ||
| Q4 24 | $113.9M | $664.0M | ||
| Q3 24 | $63.3M | $-1.2B | ||
| Q2 24 | $105.1M | $-217.0M | ||
| Q1 24 | — | $359.0M |
| Q4 25 | $30.4M | $2.1B | ||
| Q3 25 | $100.0M | $367.0M | ||
| Q2 25 | $110.1M | $1.2B | ||
| Q1 25 | — | $-150.0M | ||
| Q4 24 | $88.6M | $599.0M | ||
| Q3 24 | $35.4M | $-1.2B | ||
| Q2 24 | $71.8M | $-230.0M | ||
| Q1 24 | — | $347.0M |
| Q4 25 | 2.5% | 104.8% | ||
| Q3 25 | 8.0% | 19.4% | ||
| Q2 25 | 7.1% | 65.8% | ||
| Q1 25 | — | -8.5% | ||
| Q4 24 | 7.4% | 69.2% | ||
| Q3 24 | 2.9% | -175.8% | ||
| Q2 24 | 4.6% | -15.1% | ||
| Q1 24 | — | 22.6% |
| Q4 25 | 2.0% | 5.3% | ||
| Q3 25 | 2.5% | 1.5% | ||
| Q2 25 | 1.6% | 1.3% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | 2.1% | 7.5% | ||
| Q3 24 | 2.3% | 2.4% | ||
| Q2 24 | 2.1% | 0.9% | ||
| Q1 24 | — | 0.8% |
| Q4 25 | 1.38× | 4.33× | ||
| Q3 25 | 2.24× | 0.81× | ||
| Q2 25 | 2.56× | 2.90× | ||
| Q1 25 | — | -0.35× | ||
| Q4 24 | 1.75× | — | ||
| Q3 24 | 0.94× | — | ||
| Q2 24 | 1.44× | -0.79× | ||
| Q1 24 | — | 1.64× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
