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

SONOCO PRODUCTS CO is the larger business by last-quarter revenue ($1.7B vs $1.2B, roughly 1.4× FLOWERS FOODS INC). On growth, SONOCO PRODUCTS CO posted the faster year-over-year revenue change (-1.9% vs -75.8%). Over the past eight quarters, SONOCO PRODUCTS CO's revenue compounded faster (1.2% 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."

Sonoco Products Company is an American provider of diversified consumer packaging, industrial products, protective packaging, and packaging supply chain services and the world's largest producer of composite cans, tubes, and cores. The company was founded in 1889 as Southern Novelty Company with annualized net sales of approximately $7.3 billion. Sonoco has 19,900 employees in more than 335 operations in 33 countries, serving more than 85 nations. The company is headquartered in Hartsville, S...

FLO vs SON — Head-to-Head

Bigger by revenue
SON
SON
1.4× larger
SON
$1.7B
$1.2B
FLO
Growing faster (revenue YoY)
SON
SON
+73.9% gap
SON
-1.9%
-75.8%
FLO
Faster 2-yr revenue CAGR
SON
SON
Annualised
SON
1.2%
-11.6%
FLO

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FLO
FLO
SON
SON
Revenue
$1.2B
$1.7B
Net Profit
$68.0M
Gross Margin
20.6%
Operating Margin
7.6%
Net Margin
4.1%
Revenue YoY
-75.8%
-1.9%
Net Profit YoY
25.9%
EPS (diluted)
$0.68

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
SON
SON
Q1 26
$1.7B
Q4 25
$1.2B
$1.8B
Q3 25
$1.2B
$2.1B
Q2 25
$1.6B
$1.9B
Q1 25
$1.7B
Q4 24
$1.2B
Q3 24
$1.2B
$1.7B
Q2 24
$1.6B
$1.6B
Net Profit
FLO
FLO
SON
SON
Q1 26
$68.0M
Q4 25
$39.5M
$332.2M
Q3 25
$58.4M
$122.9M
Q2 25
$53.0M
$493.4M
Q1 25
$54.4M
Q4 24
$65.0M
Q3 24
$67.0M
$50.9M
Q2 24
$73.0M
$90.8M
Gross Margin
FLO
FLO
SON
SON
Q1 26
20.6%
Q4 25
19.6%
Q3 25
21.9%
Q2 25
21.3%
Q1 25
20.7%
Q4 24
Q3 24
21.4%
Q2 24
22.0%
Operating Margin
FLO
FLO
SON
SON
Q1 26
7.6%
Q4 25
5.4%
29.4%
Q3 25
7.5%
9.1%
Q2 25
5.5%
9.2%
Q1 25
7.4%
Q4 24
7.6%
Q3 24
7.8%
7.6%
Q2 24
6.4%
8.6%
Net Margin
FLO
FLO
SON
SON
Q1 26
4.1%
Q4 25
3.2%
18.8%
Q3 25
4.7%
5.8%
Q2 25
3.4%
25.8%
Q1 25
3.2%
Q4 24
5.5%
Q3 24
5.5%
3.0%
Q2 24
4.6%
5.6%
EPS (diluted)
FLO
FLO
SON
SON
Q1 26
$0.68
Q4 25
$0.19
$3.33
Q3 25
$0.28
$1.23
Q2 25
$0.25
$4.96
Q1 25
$0.55
Q4 24
$0.31
Q3 24
$0.32
$0.51
Q2 24
$0.34
$0.92

Balance Sheet & Financial Strength

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

Metric
FLO
FLO
SON
SON
Cash + ST InvestmentsLiquidity on hand
$12.1M
$224.5M
Total DebtLower is stronger
$3.5B
Stockholders' EquityBook value
$3.6B
Total Assets
$4.2B
$11.1B
Debt / EquityLower = less leverage
0.97×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLO
FLO
SON
SON
Q1 26
$224.5M
Q4 25
$16.7M
$378.4M
Q3 25
$11.0M
$244.9M
Q2 25
$7.3M
$329.8M
Q1 25
$181.8M
Q4 24
$15.0M
Q3 24
$6.9M
$1.9B
Q2 24
$15.8M
$140.2M
Total Debt
FLO
FLO
SON
SON
Q1 26
$3.5B
Q4 25
$1.8B
$3.8B
Q3 25
$1.7B
$3.8B
Q2 25
$1.8B
$5.0B
Q1 25
$5.0B
Q4 24
$1.1B
Q3 24
$1.1B
$4.3B
Q2 24
$1.0B
$2.5B
Stockholders' Equity
FLO
FLO
SON
SON
Q1 26
$3.6B
Q4 25
$1.4B
$3.6B
Q3 25
$1.4B
$3.3B
Q2 25
$1.4B
$3.2B
Q1 25
$2.4B
Q4 24
$1.4B
Q3 24
$1.4B
$2.5B
Q2 24
$1.4B
$2.4B
Total Assets
FLO
FLO
SON
SON
Q1 26
$11.1B
Q4 25
$4.3B
$11.2B
Q3 25
$4.3B
$11.7B
Q2 25
$4.3B
$12.0B
Q1 25
$12.7B
Q4 24
$3.4B
Q3 24
$3.4B
$9.0B
Q2 24
$3.4B
$7.2B
Debt / Equity
FLO
FLO
SON
SON
Q1 26
0.97×
Q4 25
1.25×
1.05×
Q3 25
1.23×
1.15×
Q2 25
1.26×
1.54×
Q1 25
2.03×
Q4 24
0.75×
Q3 24
0.77×
1.74×
Q2 24
0.76×
1.04×

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
SON
SON
Operating Cash FlowLast quarter
$125.4M
Free Cash FlowOCF − Capex
$-428.3B
FCF MarginFCF / Revenue
-25547.4%
Capex IntensityCapex / Revenue
3600.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-427.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLO
FLO
SON
SON
Q1 26
Q4 25
$54.4M
$412.9M
Q3 25
$130.8M
$291.5M
Q2 25
$135.6M
$193.4M
Q1 25
$-208.1M
Q4 24
$113.9M
Q3 24
$63.3M
$162.1M
Q2 24
$105.1M
$109.3M
Free Cash Flow
FLO
FLO
SON
SON
Q1 26
$-428.3B
Q4 25
$30.4M
$322.3M
Q3 25
$100.0M
$225.6M
Q2 25
$110.1M
$98.6M
Q1 25
$-300.8M
Q4 24
$88.6M
Q3 24
$35.4M
$70.5M
Q2 24
$71.8M
$16.0M
FCF Margin
FLO
FLO
SON
SON
Q1 26
-25547.4%
Q4 25
2.5%
18.2%
Q3 25
8.0%
10.6%
Q2 25
7.1%
5.2%
Q1 25
-17.6%
Q4 24
7.4%
Q3 24
2.9%
4.2%
Q2 24
4.6%
1.0%
Capex Intensity
FLO
FLO
SON
SON
Q1 26
3600.5%
Q4 25
2.0%
5.1%
Q3 25
2.5%
3.1%
Q2 25
1.6%
5.0%
Q1 25
5.4%
Q4 24
2.1%
Q3 24
2.3%
5.5%
Q2 24
2.1%
5.7%
Cash Conversion
FLO
FLO
SON
SON
Q1 26
Q4 25
1.38×
1.24×
Q3 25
2.24×
2.37×
Q2 25
2.56×
0.39×
Q1 25
-3.82×
Q4 24
1.75×
Q3 24
0.94×
3.18×
Q2 24
1.44×
1.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FLO
FLO

Segment breakdown not available.

SON
SON

Consumer Packaging$1.1B65%
Industrial Paper Packaging$587.5M35%
All Other$55.1M3%

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