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Side-by-side financial comparison of FLOWERS FOODS INC (FLO) and SouthState Bank Corp (SSB). Click either name above to swap in a different company.
FLOWERS FOODS INC is the larger business by last-quarter revenue ($1.2B vs $661.7M, roughly 1.9× SouthState Bank Corp). Over the past eight quarters, SouthState Bank Corp's revenue compounded faster (37.4% 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."
SouthState Bank, based in Winter Haven, Florida, is an American bank and a subsidiary of SouthState Corporation, a bank holding company. As of May 26, 2025, the company had 371 branches in South Carolina, North Carolina, Georgia, Florida, Alabama, Virginia, Colorado and Texas.
FLO vs SSB — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $661.7M |
| Net Profit | — | $225.8M |
| Gross Margin | — | — |
| Operating Margin | — | 15.1% |
| Net Margin | — | 34.1% |
| Revenue YoY | 11.0% | — |
| Net Profit YoY | — | 153.5% |
| EPS (diluted) | — | $2.28 |
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.
| Q1 26 | — | $661.7M | ||
| Q4 25 | $1.2B | $581.1M | ||
| Q3 25 | $1.2B | $599.7M | ||
| Q2 25 | $1.6B | $577.9M | ||
| Q1 25 | — | $544.5M | ||
| Q4 24 | $1.2B | $369.8M | ||
| Q3 24 | $1.2B | $351.5M | ||
| Q2 24 | $1.6B | $350.3M |
| Q1 26 | — | $225.8M | ||
| Q4 25 | $39.5M | $247.7M | ||
| Q3 25 | $58.4M | $246.6M | ||
| Q2 25 | $53.0M | $215.2M | ||
| Q1 25 | — | $89.1M | ||
| Q4 24 | $65.0M | $144.2M | ||
| Q3 24 | $67.0M | $143.2M | ||
| Q2 24 | $73.0M | $132.4M |
| Q1 26 | — | 15.1% | ||
| Q4 25 | 5.4% | 54.3% | ||
| Q3 25 | 7.5% | 53.6% | ||
| Q2 25 | 5.5% | 48.8% | ||
| Q1 25 | — | 22.3% | ||
| Q4 24 | 7.6% | 50.7% | ||
| Q3 24 | 7.8% | 53.1% | ||
| Q2 24 | 6.4% | 49.3% |
| Q1 26 | — | 34.1% | ||
| Q4 25 | 3.2% | 42.6% | ||
| Q3 25 | 4.7% | 41.1% | ||
| Q2 25 | 3.4% | 37.2% | ||
| Q1 25 | — | 16.4% | ||
| Q4 24 | 5.5% | 39.0% | ||
| Q3 24 | 5.5% | 40.7% | ||
| Q2 24 | 4.6% | 37.8% |
| Q1 26 | — | $2.28 | ||
| Q4 25 | $0.19 | $2.47 | ||
| Q3 25 | $0.28 | $2.42 | ||
| Q2 25 | $0.25 | $2.11 | ||
| Q1 25 | — | $0.87 | ||
| Q4 24 | $0.31 | $1.88 | ||
| Q3 24 | $0.32 | $1.86 | ||
| Q2 24 | $0.34 | $1.73 |
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 | $2.9B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $9.0B |
| Total Assets | $4.2B | $68.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $2.9B | ||
| Q4 25 | $16.7M | — | ||
| Q3 25 | $11.0M | — | ||
| Q2 25 | $7.3M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $15.0M | — | ||
| Q3 24 | $6.9M | — | ||
| Q2 24 | $15.8M | — |
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.0B | — |
| Q1 26 | — | $9.0B | ||
| Q4 25 | $1.4B | $9.1B | ||
| Q3 25 | $1.4B | $9.0B | ||
| Q2 25 | $1.4B | $8.8B | ||
| Q1 25 | — | $8.6B | ||
| Q4 24 | $1.4B | $5.9B | ||
| Q3 24 | $1.4B | $5.9B | ||
| Q2 24 | $1.4B | $5.7B |
| Q1 26 | — | $68.0B | ||
| Q4 25 | $4.3B | $67.2B | ||
| Q3 25 | $4.3B | $66.0B | ||
| Q2 25 | $4.3B | $65.9B | ||
| Q1 25 | — | $65.1B | ||
| Q4 24 | $3.4B | $46.4B | ||
| Q3 24 | $3.4B | $46.1B | ||
| Q2 24 | $3.4B | $45.5B |
| Q1 26 | — | — | ||
| Q4 25 | 1.25× | — | ||
| Q3 25 | 1.23× | — | ||
| Q2 25 | 1.26× | — | ||
| Q1 25 | — | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $125.4M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $54.4M | $232.1M | ||
| Q3 25 | $130.8M | $122.4M | ||
| Q2 25 | $135.6M | $72.6M | ||
| Q1 25 | — | $-126.3M | ||
| Q4 24 | $113.9M | $354.3M | ||
| Q3 24 | $63.3M | $-246.8M | ||
| Q2 24 | $105.1M | $126.8M |
| Q1 26 | — | — | ||
| Q4 25 | $30.4M | $215.5M | ||
| Q3 25 | $100.0M | $101.7M | ||
| Q2 25 | $110.1M | $52.5M | ||
| Q1 25 | — | $-139.1M | ||
| Q4 24 | $88.6M | $340.9M | ||
| Q3 24 | $35.4M | $-254.2M | ||
| Q2 24 | $71.8M | $117.3M |
| Q1 26 | — | — | ||
| Q4 25 | 2.5% | 37.1% | ||
| Q3 25 | 8.0% | 17.0% | ||
| Q2 25 | 7.1% | 9.1% | ||
| Q1 25 | — | -25.5% | ||
| Q4 24 | 7.4% | 92.2% | ||
| Q3 24 | 2.9% | -72.3% | ||
| Q2 24 | 4.6% | 33.5% |
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | 2.9% | ||
| Q3 25 | 2.5% | 3.5% | ||
| Q2 25 | 1.6% | 3.5% | ||
| Q1 25 | — | 2.4% | ||
| Q4 24 | 2.1% | 3.6% | ||
| Q3 24 | 2.3% | 2.1% | ||
| Q2 24 | 2.1% | 2.7% |
| Q1 26 | — | — | ||
| Q4 25 | 1.38× | 0.94× | ||
| Q3 25 | 2.24× | 0.50× | ||
| Q2 25 | 2.56× | 0.34× | ||
| Q1 25 | — | -1.42× | ||
| Q4 24 | 1.75× | 2.46× | ||
| Q3 24 | 0.94× | -1.72× | ||
| Q2 24 | 1.44× | 0.96× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FLO
Segment breakdown not available.
SSB
| Net Interest Income | $561.6M | 85% |
| Noninterest Income | $100.1M | 15% |
