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B&G Foods vs Flowers Foods: revenue, profit, margins and growth compared

B&G Foods brought in $1.8B of revenue in fiscal 2026, Flowers Foods $5.3B in fiscal 2025. Revenue changed by -5.4% at B&G Foods and +3.0% at Flowers Foods on the year before, so Flowers Foods grew faster. B&G Foods kept -2.4% of its revenue as net profit, Flowers Foods 1.6%. Free cash flow was $70.7M at B&G Foods and $319.1M at Flowers Foods.

Side by side, latest fiscal year

BGSFLO
Fiscal year endedFY2026 (January 3, 2026)FY2025 (January 3, 2026)
Revenue$1.8B$5.3B
Revenue growth-5.4%+3.0%
Net income-$43.3M$83.8M
Net margin-2.4%1.6%
Free cash flow$70.7M$319.1M
Free cash flow margin3.9%6.1%
Earnings per share (diluted)-$0.54$0.40
Cash$56.3M$12.1M
Debt$2B$1.8B
Price to earningsn/a14.3
Market value$252M$1.2B
Dividend yield24.52%17.12%
Rank by revenue in sector#48 of 93 · Consumer staples#37 of 93 · Consumer staples

Over the years

Revenue
BGS FY2018: $1.7BBGS FY2019: $1.7BBGS FY2020: $2BBGS FY2021: $2.1BBGS FY2022: $2.2BBGS FY2023: $2.1BBGS FY2024: $1.9BBGS FY2026: $1.8BFLO FY2018: $4BFLO FY2019: $4.1BFLO FY2020: $4.4BFLO FY2021: $4.3BFLO FY2022: $4.8BFLO FY2023: $5.1BFLO FY2024: $5.1BFLO FY2025: $5.3BFY18FY19FY20FY21FY22FY23FY24FY25FY26
BGS $1.8BFLO $5.3B
Net income
BGS FY2018: $172.4MBGS FY2019: $76.4MBGS FY2020: $132MBGS FY2021: $67.4MBGS FY2022: -$11.4MBGS FY2023: -$66.2MBGS FY2024: -$251.3MBGS FY2026: -$43.3MFLO FY2018: $157.2MFLO FY2019: $164.5MFLO FY2020: $152.3MFLO FY2021: $206.2MFLO FY2022: $228.4MFLO FY2023: $123.4MFLO FY2024: $248.1MFLO FY2025: $83.8MFY18FY19FY20FY21FY22FY23FY24FY25FY26
BGS -$43.3MFLO $83.8M
Net margin
BGS FY2018: 10.1%BGS FY2019: 4.6%BGS FY2020: 6.7%BGS FY2021: 3.3%BGS FY2022: -0.5%BGS FY2023: -3.2%BGS FY2024: -13.0%BGS FY2026: -2.4%FLO FY2018: 4.0%FLO FY2019: 4.0%FLO FY2020: 3.5%FLO FY2021: 4.8%FLO FY2022: 4.8%FLO FY2023: 2.4%FLO FY2024: 4.9%FLO FY2025: 1.6%FY18FY19FY20FY21FY22FY23FY24FY25FY26
BGS -2.4%FLO 1.6%
Revenue growth
BGS FY2019: -2.4%BGS FY2020: +18.5%BGS FY2021: +4.5%BGS FY2022: +5.2%BGS FY2023: -4.7%BGS FY2024: -6.3%BGS FY2026: -5.4%FLO FY2019: +4.4%FLO FY2020: +6.4%FLO FY2021: -1.3%FLO FY2022: +11.0%FLO FY2023: +5.9%FLO FY2024: +0.2%FLO FY2025: +3.0%FY19FY20FY21FY22FY23FY24FY25FY26
BGS -5.4%FLO +3.0%
Free cash flow
BGS FY2018: $167.8MBGS FY2019: $4.1MBGS FY2020: $254.7MBGS FY2021: $50.3MBGS FY2022: -$16.3MBGS FY2023: $222.1MBGS FY2024: $103.7MBGS FY2026: $70.7MFLO FY2018: $196.5MFLO FY2019: $263.3MFLO FY2020: $356.5MFLO FY2021: $208.6MFLO FY2022: $191.8MFLO FY2023: $220.3MFLO FY2024: $280.6MFLO FY2025: $319.1MFY18FY19FY20FY21FY22FY23FY24FY25FY26
BGS $70.7MFLO $319.1M

Fiscal years as each company reports them; the two may end in different months.

Questions about B&G Foods and Flowers Foods

Which is bigger by revenue, B&G Foods or Flowers Foods?

Flowers Foods is bigger by revenue: $5.3B in fiscal 2025, against $1.8B for B&G Foods in fiscal 2026.

Which keeps more of its revenue as profit, B&G Foods or Flowers Foods?

B&G Foods had a net margin of -2.4% in fiscal 2026; Flowers Foods had 1.6% in fiscal 2025.

Which grew revenue faster, B&G Foods or Flowers Foods?

In their latest fiscal years revenue changed by -5.4% at B&G Foods and +3.0% at Flowers Foods.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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