Flowers Foods Debt-to-Equity Ratio Growth & History (FLO)
Flowers Foods's debt-to-equity ratio was 1.60 for fiscal 2025.
View full Flowers Foods company overviewFlowers Foods annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2026-01-03 | 1.60 | 0.64 | +67.36% |
| 2024 | 2024-12-28 | 0.95 | −0.03 | −3.27% |
| 2023 | 2023-12-30 | 0.99 | 0.17 | +21.12% |
| 2022 | 2022-12-31 | 0.81 | −0.03 | −3.57% |
| 2021 | 2022-01-01 | 0.84 | −0.11 | −11.26% |
| 2020 | 2021-01-02 | 0.95 | −0.05 | −5.46% |
| 2019 | 2019-12-28 | 1.01 | −0.13 | −11.58% |
| 2018 | 2018-12-29 | 1.14 | 0.47 | +70.97% |
| 2017 | 2017-12-30 | 0.67 | −0.13 | −15.96% |
| 2016 | 2016-12-31 | 0.79 | −0.02 | −2.03% |
| 2015 | 2016-01-02 | 0.81 | 0.13 | +18.90% |
| 2014 | 2015-01-03 | 0.68 | −0.18 | −20.80% |
| 2013 | 2013-12-28 | 0.86 | 0.15 | +21.41% |
| 2012 | 2012-12-29 | 0.71 | 0.28 | +64.50% |
| 2011 | 2011-12-31 | 0.43 | 0.27 | +168.65% |
| 2010 | 2011-01-01 | 0.16 | −0.16 | −49.30% |
| 2009 | 2010-01-02 | 0.32 | — | — |
Flowers Foods quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-07-18 | 1.51 | — | — |
| Q2 2026 | 2026-06-30 | 1.52 | — | — |
| Q1 2026 | 2026-04-25 | 1.57 | — | — |
| Q1 2026 | 2026-03-31 | 1.57 | 0.07 | +4.91% |
| Q4 2025 | 2026-01-03 | 1.60 | 0.64 | +67.36% |
| Q3 2025 | 2025-10-04 | 1.49 | 0.52 | +53.00% |
| Q2 2025 | 2025-07-12 | 1.46 | 0.46 | +46.72% |
| Q2 2025 | 2025-06-30 | 1.46 | 0.47 | +47.50% |
| Q1 2025 | 2025-04-30 | 1.51 | 0.53 | +53.63% |
| Q1 2025 | 2025-04-19 | 1.50 | 0.52 | +53.02% |
| Q4 2024 | 2024-12-28 | 0.95 | −0.03 | −3.27% |
| Q3 2024 | 2024-10-05 | 0.97 | 0.02 | +2.25% |
| Q2 2024 | 2024-07-13 | 0.99 | 0.07 | +7.51% |
| Q1 2024 | 2024-04-20 | 0.98 | 0.06 | +6.05% |
| Q4 2023 | 2023-12-30 | 0.99 | 0.17 | +21.12% |
| Q3 2023 | 2023-10-07 | 0.95 | 0.13 | +16.25% |
| Q2 2023 | 2023-07-15 | 0.92 | 0.10 | +12.78% |
| Q1 2023 | 2023-04-22 | 0.92 | 0.11 | +12.82% |
| Q4 2022 | 2022-12-31 | 0.81 | −0.03 | −3.57% |
| Q3 2022 | 2022-10-08 | 0.82 | −0.06 | −6.89% |
| Q2 2022 | 2022-07-16 | 0.82 | −0.06 | −6.64% |
| Q1 2022 | 2022-04-23 | 0.82 | −0.06 | −7.34% |
| Q4 2021 | 2022-01-01 | 0.84 | −0.11 | −11.26% |
| Q3 2021 | 2021-10-09 | 0.88 | −0.14 | −13.95% |
| Q2 2021 | 2021-07-17 | 0.88 | −0.17 | −15.99% |
| Q1 2021 | 2021-04-24 | 0.88 | −0.23 | −20.35% |
| Q4 2020 | 2021-01-02 | 0.95 | −0.05 | −5.46% |
| Q3 2020 | 2020-10-03 | 1.02 | 0.03 | +2.67% |
| Q2 2020 | 2020-07-11 | 1.04 | 0.04 | +3.92% |
| Q1 2020 | 2020-04-18 | 1.11 | 0.05 | +4.30% |
| Q4 2019 | 2019-12-28 | 1.01 | −0.13 | −11.58% |
| Q3 2019 | 2019-10-05 | 1.00 | 0.35 | +54.18% |
| Q2 2019 | 2019-07-13 | 1.00 | 0.37 | +57.73% |
| Q1 2019 | 2019-04-20 | 1.06 | 0.42 | +65.62% |
| Q4 2018 | 2018-12-29 | 1.14 | 0.47 | +70.97% |
| Q3 2018 | 2018-10-06 | 0.65 | −0.07 | −10.05% |
| Q2 2018 | 2018-07-14 | 0.64 | −0.03 | −5.00% |
| Q1 2018 | 2018-04-21 | 0.64 | −0.07 | −10.35% |
| Q4 2017 | 2017-12-30 | 0.67 | −0.13 | −15.96% |
| Q3 2017 | 2017-10-07 | 0.72 | −0.12 | −14.75% |
| Q2 2017 | 2017-07-15 | 0.67 | −0.22 | −24.76% |
| Q1 2017 | 2017-04-22 | 0.72 | −0.20 | −22.15% |
| Q4 2016 | 2016-12-31 | 0.79 | −0.02 | −2.03% |
| Q3 2016 | 2016-10-08 | 0.84 | 0.11 | +15.37% |
| Q2 2016 | 2016-07-16 | 0.89 | 0.31 | +52.99% |
| Q1 2016 | 2016-04-23 | 0.92 | 0.31 | +51.08% |
| Q4 2015 | 2016-01-02 | 0.81 | 0.13 | +18.90% |
| Q3 2015 | 2015-10-10 | 0.73 | 0.03 | +3.84% |
| Q2 2015 | 2015-07-18 | 0.58 | −0.14 | −19.28% |
| Q1 2015 | 2015-04-25 | 0.61 | −0.13 | −17.66% |
| Q4 2014 | 2015-01-03 | 0.68 | −0.18 | −20.80% |
| Q3 2014 | 2014-10-04 | 0.70 | −0.22 | −23.63% |
| Q2 2014 | 2014-07-12 | 0.72 | 0.13 | +22.10% |
| Q1 2014 | 2014-04-19 | 0.74 | 0.11 | +16.62% |
| Q4 2013 | 2013-12-28 | 0.86 | 0.15 | +21.41% |
| Q3 2013 | 2013-10-05 | 0.92 | 0.22 | +31.68% |
| Q2 2013 | 2013-07-13 | 0.59 | −0.01 | −1.57% |
| Q1 2013 | 2013-04-20 | 0.63 | −0.18 | −22.33% |
| Q4 2012 | 2012-12-29 | 0.71 | 0.28 | +64.50% |
| Q3 2012 | 2012-10-06 | 0.70 | 0.27 | +63.75% |
| Q2 2012 | 2012-07-14 | 0.60 | 0.20 | +50.11% |
| Q1 2012 | 2012-04-21 | 0.82 | 0.70 | +619.83% |
| Q4 2011 | 2011-12-31 | 0.43 | 0.27 | +168.65% |
| Q3 2011 | 2011-10-08 | 0.43 | 0.28 | +192.28% |
| Q2 2011 | 2011-07-16 | 0.40 | 0.22 | +126.72% |
| Q1 2011 | 2011-04-23 | 0.11 | — | — |
| Q4 2010 | 2011-01-01 | 0.16 | −0.16 | −49.30% |
| Q3 2010 | 2010-10-09 | 0.15 | — | — |
| Q2 2010 | 2010-07-17 | 0.18 | — | — |
| Q4 2009 | 2010-01-02 | 0.32 | — | — |
Flowers Foods debt-to-equity ratio trends
Over the last five fiscal years, Flowers Foods's debt-to-equity ratio increased from 0.95 to 1.60, a change of 0.64. The latest reported quarter, Q2 2026, shows 1.51.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Flowers Foods source filings ↗