FLO vs. KO
FLO (Flowers Foods, Inc.) and KO (The Coca-Cola Company) are both stocks. Both are in the Consumer Defensive sector — FLO in Packaged Foods, KO in Beverages - Non-Alcoholic. Over the past 10 years, FLO returned -4.37%/yr vs 9.59%/yr for KO. At a 0.26 correlation, their price movements are largely independent.
Performance
FLO vs. KO - Performance Comparison
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Returns By Period
In the year-to-date period, FLO achieves a -27.53% return, which is significantly lower than KO's 16.41% return. Over the past 10 years, FLO has underperformed KO with an annualized return of -4.37%, while KO has yielded a comparatively higher 9.59% annualized return.
FLO
- 1D
- 2.72%
- 1M
- -3.36%
- YTD
- -27.53%
- 6M
- -26.59%
- 1Y
- -49.31%
- 3Y*
- -28.38%
- 5Y*
- -16.58%
- 10Y*
- -4.37%
KO
- 1D
- 0.98%
- 1M
- -0.80%
- YTD
- 16.41%
- 6M
- 16.48%
- 1Y
- 18.42%
- 3Y*
- 12.75%
- 5Y*
- 11.35%
- 10Y*
- 9.59%
FLO vs. KO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLO Flowers Foods, Inc. | -27.53% | -43.63% | -4.34% | -18.63% | 7.97% | 25.63% | 7.73% | 21.80% | -0.93% | 0.22% |
KO The Coca-Cola Company | 16.41% | 15.60% | 8.88% | -4.43% | 10.61% | 11.37% | 2.47% | 20.60% | 6.77% | 14.38% |
Correlation
The correlation between FLO and KO is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 1987 | 0.26 |
The correlation between FLO and KO shifts across timeframes, from 0.25 (1 year) to 0.45 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
FLO:
$1.60B
KO:
$346.46B
FLO:
$0.66
KO:
$3.18
FLO:
11.43
KO:
25.29
FLO:
0.65
KO:
7.03
FLO:
1.23
KO:
10.30
FLO:
$2.47B
KO:
$49.28B
FLO:
$1.19B
KO:
$30.43B
FLO:
$289.47M
KO:
$18.35B
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Return for Risk
FLO vs. KO — Risk / Return Rank
FLO
KO
FLO vs. KO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Flowers Foods, Inc. (FLO) and The Coca-Cola Company (KO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FLO | KO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.49 | ||
| Sortino ratioReturn per unit of downside risk | -4.10 | ||
| Omega ratioGain probability vs. loss probability | 0.73 | 1.20 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | -0.89 | 2.35 | -3.25 |
| Martin ratioReturn relative to average drawdown | -1.46 | 4.67 | -6.13 |
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Drawdowns
FLO vs. KO - Drawdown Comparison
The maximum FLO drawdown since its inception was -72.29%, which is greater than KO's maximum drawdown of -68.23%. Use the drawdown chart below to compare losses from any high point for FLO and KO.
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Drawdown Indicators
| FLO | KO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.29% | -68.23% | -4.06% |
Max Drawdown (1Y)Largest decline over 1 year | -55.26% | -7.87% | -47.39% |
Max Drawdown (3Y)Largest decline over 3 years | -68.82% | -16.26% | -52.56% |
Max Drawdown (5Y)Largest decline over 5 years | -72.29% | -17.27% | -55.02% |
Max Drawdown (10Y)Largest decline over 10 years | -72.29% | -36.99% | -35.30% |
Current DrawdownCurrent decline from peak | -69.67% | -3.30% | -66.37% |
Average DrawdownAverage peak-to-trough decline | -20.66% | -16.08% | -4.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.70% | 3.95% | +29.75% |
Volatility
FLO vs. KO - Volatility Comparison
Flowers Foods, Inc. (FLO) has a higher volatility of 17.12% compared to The Coca-Cola Company (KO) at 6.94%. This indicates that FLO's price experiences larger fluctuations and is considered to be riskier than KO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLO | KO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.12% | 6.94% | +10.18% |
Volatility (6M)Calculated over the trailing 6-month period | 29.92% | 12.74% | +17.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.75% | 16.74% | +19.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.12% | 16.16% | +8.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.30% | 18.23% | +7.07% |
Dividends
FLO vs. KO - Dividend Comparison
FLO's dividend yield for the trailing twelve months is around 11.49%, more than KO's 2.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLO Flowers Foods, Inc. | 11.49% | 9.03% | 4.60% | 4.04% | 3.03% | 3.02% | 3.49% | 3.45% | 3.84% | 3.47% | 3.13% | 2.64% |
KO The Coca-Cola Company | 2.59% | 2.92% | 3.12% | 3.12% | 2.77% | 2.84% | 2.99% | 2.89% | 3.29% | 3.23% | 3.38% | 3.07% |
Financials
FLO vs. KO - Financials Comparison
This section allows you to compare key financial metrics between Flowers Foods, Inc. and The Coca-Cola Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
FLO vs. KO - Profitability Comparison
FLO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Flowers Foods, Inc. reported a gross profit of -559.92M and revenue of -1.23B. Therefore, the gross margin over that period was 45.4%.
KO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Coca-Cola Company reported a gross profit of 7.85B and revenue of 12.47B. Therefore, the gross margin over that period was 63.0%.
FLO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Flowers Foods, Inc. reported an operating income of -69.09M and revenue of -1.23B, resulting in an operating margin of 5.6%.
KO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Coca-Cola Company reported an operating income of 4.36B and revenue of 12.47B, resulting in an operating margin of 35.0%.
FLO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Flowers Foods, Inc. reported a net income of 109.13M and revenue of -1.23B, resulting in a net margin of -8.9%.
KO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Coca-Cola Company reported a net income of 3.92B and revenue of 12.47B, resulting in a net margin of 31.5%.
Frequently Asked Questions
FLO and KO have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FLO has higher volatility (17.12%) compared to KO (6.94%). In terms of maximum drawdown, FLO dropped -72.29% vs KO's -68.23%.
KO currently has the higher Sharpe Ratio (1.11 vs -1.39), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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