vs
Side-by-side financial comparison of FLOWERS FOODS INC (FLO) and Vital Farms, Inc. (VITL). Click either name above to swap in a different company.
FLOWERS FOODS INC is the larger business by last-quarter revenue ($1.2B vs $213.6M, roughly 5.7× Vital Farms, Inc.). Vital Farms, Inc. runs the higher net margin — 7.6% vs 3.2%, a 4.4% gap on every dollar of revenue. On growth, Vital Farms, Inc. posted the faster year-over-year revenue change (28.7% vs 3.0%). FLOWERS FOODS INC produced more free cash flow last quarter ($30.4M vs $-32.1M). Over the past eight quarters, Vital Farms, Inc.'s revenue compounded faster (20.2% CAGR vs 4.2%).
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."
Vital Tomosi Dairy Limited is a dairy processing company in Uganda. The company is a joint venture between Vital Capital Fund, "an impact investing fund primarily focused on Sub-Saharan Africa", and "Tomosi Dairy Farms, a Ugandan producer of dairy products".
FLO vs VITL — Head-to-Head
Income Statement — Q3 2026 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $213.6M |
| Net Profit | $39.5M | $16.3M |
| Gross Margin | — | 35.8% |
| Operating Margin | 5.4% | 10.0% |
| Net Margin | 3.2% | 7.6% |
| Revenue YoY | 3.0% | 28.7% |
| Net Profit YoY | -39.2% | 54.3% |
| EPS (diluted) | $0.19 | $0.35 |
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 | $213.6M | ||
| Q3 25 | $1.2B | $198.9M | ||
| Q2 25 | $1.6B | $184.8M | ||
| Q1 25 | — | $162.2M | ||
| Q4 24 | $1.2B | $166.0M | ||
| Q3 24 | $1.2B | $145.0M | ||
| Q2 24 | $1.6B | $147.4M | ||
| Q1 24 | — | $147.9M |
| Q4 25 | $39.5M | $16.3M | ||
| Q3 25 | $58.4M | $16.4M | ||
| Q2 25 | $53.0M | $16.6M | ||
| Q1 25 | — | $16.9M | ||
| Q4 24 | $65.0M | $10.6M | ||
| Q3 24 | $67.0M | $7.4M | ||
| Q2 24 | $73.0M | $16.3M | ||
| Q1 24 | — | $19.0M |
| Q4 25 | — | 35.8% | ||
| Q3 25 | — | 37.7% | ||
| Q2 25 | — | 38.9% | ||
| Q1 25 | — | 38.5% | ||
| Q4 24 | — | 36.1% | ||
| Q3 24 | — | 36.9% | ||
| Q2 24 | — | 39.1% | ||
| Q1 24 | — | 39.8% |
| Q4 25 | 5.4% | 10.0% | ||
| Q3 25 | 7.5% | 10.8% | ||
| Q2 25 | 5.5% | 12.9% | ||
| Q1 25 | — | 13.4% | ||
| Q4 24 | 7.6% | 7.8% | ||
| Q3 24 | 7.8% | 6.4% | ||
| Q2 24 | 6.4% | 11.6% | ||
| Q1 24 | — | 16.3% |
| Q4 25 | 3.2% | 7.6% | ||
| Q3 25 | 4.7% | 8.3% | ||
| Q2 25 | 3.4% | 9.0% | ||
| Q1 25 | — | 10.4% | ||
| Q4 24 | 5.5% | 6.4% | ||
| Q3 24 | 5.5% | 5.1% | ||
| Q2 24 | 4.6% | 11.1% | ||
| Q1 24 | — | 12.9% |
| Q4 25 | $0.19 | $0.35 | ||
| Q3 25 | $0.28 | $0.36 | ||
| Q2 25 | $0.25 | $0.36 | ||
| Q1 25 | — | $0.37 | ||
| Q4 24 | $0.31 | $0.23 | ||
| Q3 24 | $0.32 | $0.16 | ||
| Q2 24 | $0.34 | $0.36 | ||
| Q1 24 | — | $0.43 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $16.7M | $48.8M |
| Total DebtLower is stronger | $1.8B | — |
| Stockholders' EquityBook value | $1.4B | $351.3M |
| Total Assets | $4.3B | $518.7M |
| Debt / EquityLower = less leverage | 1.25× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $16.7M | $48.8M | ||
| Q3 25 | $11.0M | $93.8M | ||
| Q2 25 | $7.3M | $108.2M | ||
| Q1 25 | — | $156.3M | ||
| Q4 24 | $15.0M | $150.6M | ||
| Q3 24 | $6.9M | $149.5M | ||
| Q2 24 | $15.8M | $133.2M | ||
| Q1 24 | — | $113.8M |
| 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 24 | — | — |
| Q4 25 | $1.4B | $351.3M | ||
| Q3 25 | $1.4B | $331.2M | ||
| Q2 25 | $1.4B | $309.8M | ||
| Q1 25 | — | $288.9M | ||
| Q4 24 | $1.4B | $269.3M | ||
| Q3 24 | $1.4B | $253.4M | ||
| Q2 24 | $1.4B | $238.4M | ||
| Q1 24 | — | $213.3M |
| Q4 25 | $4.3B | $518.7M | ||
| Q3 25 | $4.3B | $481.5M | ||
| Q2 25 | $4.3B | $430.8M | ||
| Q1 25 | — | $376.9M | ||
| Q4 24 | $3.4B | $359.3M | ||
| Q3 24 | $3.4B | $344.7M | ||
| Q2 24 | $3.4B | $320.5M | ||
| Q1 24 | — | $300.2M |
| 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× | — | ||
| Q1 24 | — | — |
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 | $54.4M | $5.8M |
| Free Cash FlowOCF − Capex | $30.4M | $-32.1M |
| FCF MarginFCF / Revenue | 2.5% | -15.1% |
| Capex IntensityCapex / Revenue | 2.0% | 17.8% |
| Cash ConversionOCF / Net Profit | 1.38× | 0.35× |
| TTM Free Cash FlowTrailing 4 quarters | $325.3M | $-48.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $54.4M | $5.8M | ||
| Q3 25 | $130.8M | $23.4M | ||
| Q2 25 | $135.6M | $-761.0K | ||
| Q1 25 | — | $5.3M | ||
| Q4 24 | $113.9M | $14.8M | ||
| Q3 24 | $63.3M | $10.0M | ||
| Q2 24 | $105.1M | $16.1M | ||
| Q1 24 | — | $23.9M |
| Q4 25 | $30.4M | $-32.1M | ||
| Q3 25 | $100.0M | $-10.6M | ||
| Q2 25 | $110.1M | $-7.6M | ||
| Q1 25 | — | $2.1M | ||
| Q4 24 | $88.6M | $-3.4M | ||
| Q3 24 | $35.4M | $6.4M | ||
| Q2 24 | $71.8M | $10.5M | ||
| Q1 24 | — | $22.6M |
| Q4 25 | 2.5% | -15.1% | ||
| Q3 25 | 8.0% | -5.3% | ||
| Q2 25 | 7.1% | -4.1% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | 7.4% | -2.0% | ||
| Q3 24 | 2.9% | 4.4% | ||
| Q2 24 | 4.6% | 7.2% | ||
| Q1 24 | — | 15.3% |
| Q4 25 | 2.0% | 17.8% | ||
| Q3 25 | 2.5% | 17.1% | ||
| Q2 25 | 1.6% | 3.7% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | 2.1% | 10.9% | ||
| Q3 24 | 2.3% | 2.5% | ||
| Q2 24 | 2.1% | 3.8% | ||
| Q1 24 | — | 0.9% |
| Q4 25 | 1.38× | 0.35× | ||
| Q3 25 | 2.24× | 1.43× | ||
| Q2 25 | 2.56× | -0.05× | ||
| Q1 25 | — | 0.31× | ||
| Q4 24 | 1.75× | 1.40× | ||
| Q3 24 | 0.94× | 1.34× | ||
| Q2 24 | 1.44× | 0.99× | ||
| Q1 24 | — | 1.26× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FLO
Segment breakdown not available.
VITL
| Eggs And Egg Related Products | $205.8M | 96% |
| Butter And Butter Related Products | $7.7M | 4% |
