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CAMPBELL'S vs Flowers Foods: revenue, profit, margins and growth compared

CAMPBELL'S brought in $9.7B of revenue in fiscal 2026, Flowers Foods $5.3B in fiscal 2025. Revenue changed by -5.0% at CAMPBELL'S and +3.0% at Flowers Foods on the year before, so Flowers Foods grew faster. CAMPBELL'S kept 4.1% of its revenue as net profit, Flowers Foods 1.6%. Free cash flow was $678M at CAMPBELL'S and $319.1M at Flowers Foods.

Side by side, latest fiscal year

CPBFLO
Fiscal year endedFY2026 (August 2, 2026)FY2025 (January 3, 2026)
Revenue$9.7B$5.3B
Revenue growth-5.0%+3.0%
Net income$403M$83.8M
Net margin4.1%1.6%
Free cash flow$678M$319.1M
Free cash flow margin7.0%6.1%
Earnings per share (diluted)$1.31$0.40
Cash$394M$12.1M
Debt$6.2B$1.8B
Price to earnings14.814.3
Market value$5.8B$1.2B
Dividend yield8.05%17.12%
Rank by revenue in sector#23 of 93 · Consumer staples#37 of 93 · Consumer staples

Over the years

Revenue
CPB FY2019: $8.1BCPB FY2020: $8.7BCPB FY2021: $8.5BCPB FY2022: $8.6BCPB FY2023: $9.4BCPB FY2024: $9.6BCPB FY2025: $10.3BCPB FY2026: $9.7BFLO FY2018: $4BFLO FY2019: $4.1BFLO FY2020: $4.4BFLO FY2021: $4.3BFLO FY2022: $4.8BFLO FY2023: $5.1BFLO FY2024: $5.1BFLO FY2025: $5.3BFY18FY19FY20FY21FY22FY23FY24FY25FY26
CPB $9.7BFLO $5.3B
Net income
CPB FY2019: $211MCPB FY2020: $1.6BCPB FY2021: $1BCPB FY2022: $757MCPB FY2023: $858MCPB FY2024: $567MCPB FY2025: $602MCPB FY2026: $403MFLO FY2018: $157.2MFLO FY2019: $164.5MFLO FY2020: $152.3MFLO FY2021: $206.2MFLO FY2022: $228.4MFLO FY2023: $123.4MFLO FY2024: $248.1MFLO FY2025: $83.8MFY18FY19FY20FY21FY22FY23FY24FY25FY26
CPB $403MFLO $83.8M
Net margin
CPB FY2019: 2.6%CPB FY2020: 18.7%CPB FY2021: 11.8%CPB FY2022: 8.8%CPB FY2023: 9.2%CPB FY2024: 5.9%CPB FY2025: 5.9%CPB FY2026: 4.1%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
CPB 4.1%FLO 1.6%
Revenue growth
CPB FY2020: +7.2%CPB FY2021: -2.5%CPB FY2022: +1.0%CPB FY2023: +9.3%CPB FY2024: +3.0%CPB FY2025: +6.4%CPB FY2026: -5.0%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
CPB -5.0%FLO +3.0%
Free cash flow
CPB FY2019: $1BCPB FY2020: $1.1BCPB FY2021: $760MCPB FY2022: $939MCPB FY2023: $773MCPB FY2024: $668MCPB FY2025: $705MCPB FY2026: $678MFLO FY2018: $196.5MFLO FY2019: $263.3MFLO FY2020: $356.5MFLO FY2021: $208.6MFLO FY2022: $191.8MFLO FY2023: $220.3MFLO FY2024: $280.6MFLO FY2025: $319.1MFY18FY19FY20FY21FY22FY23FY24FY25FY26
CPB $678MFLO $319.1M

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

Questions about CAMPBELL'S and Flowers Foods

Which is bigger by revenue, CAMPBELL'S or Flowers Foods?

CAMPBELL'S is bigger by revenue: $9.7B in fiscal 2026, against $5.3B for Flowers Foods in fiscal 2025.

Which keeps more of its revenue as profit, CAMPBELL'S or Flowers Foods?

CAMPBELL'S had a net margin of 4.1% in fiscal 2026; Flowers Foods had 1.6% in fiscal 2025.

Which grew revenue faster, CAMPBELL'S or Flowers Foods?

In their latest fiscal years revenue changed by -5.0% at CAMPBELL'S 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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