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 -3.93%/yr vs 9.70%/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 -20.43% return, which is significantly lower than KO's 22.12% return. Over the past 10 years, FLO has underperformed KO with an annualized return of -3.93%, while KO has yielded a comparatively higher 9.70% annualized return.
FLO
- 1D
- -0.60%
- 1M
- 6.42%
- 6M
- -18.71%
- YTD
- -20.43%
- 1Y
- -42.85%
- 3Y*
- -25.84%
- 5Y*
- -15.10%
- 10Y*
- -3.93%
KO
- 1D
- 0.91%
- 1M
- 2.63%
- 6M
- 21.10%
- YTD
- 22.12%
- 1Y
- 24.00%
- 3Y*
- 14.75%
- 5Y*
- 11.67%
- 10Y*
- 9.70%
FLO vs. KO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLO Flowers Foods, Inc. | -20.43% | -43.63% | -4.34% | -18.63% | 7.97% | 25.63% | 7.73% | 21.80% | -0.93% | 0.22% |
KO The Coca-Cola Company | 22.12% | 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 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
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 0.26 (all time) to 0.45 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
FLO:
$1.76B
KO:
$362.48B
FLO:
$0.66
KO:
$3.18
FLO:
12.55
KO:
26.53
FLO:
0.71
KO:
7.37
FLO:
1.35
KO:
10.81
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 | -2.56 | ||
| Sortino ratioReturn per unit of downside risk | -4.06 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 1.25 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | 3.06 | -3.84 |
| Martin ratioReturn relative to average drawdown | -1.21 | 6.70 | -7.91 |
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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 | -66.70% | 0.00% | -66.70% |
Average DrawdownAverage peak-to-trough decline | -20.72% | -16.07% | -4.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.33% | 3.59% | +31.74% |
Volatility
FLO vs. KO - Volatility Comparison
Flowers Foods, Inc. (FLO) has a higher volatility of 14.34% compared to The Coca-Cola Company (KO) at 6.08%. 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 | 14.34% | 6.08% | +8.26% |
Volatility (6M)Calculated over the trailing 6-month period | 29.87% | 13.32% | +16.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.10% | 17.32% | +19.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.52% | 16.32% | +9.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.46% | 18.30% | +7.16% |
Dividends
FLO vs. KO - Dividend Comparison
FLO's dividend yield for the trailing twelve months is around 10.46%, more than KO's 2.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLO Flowers Foods, Inc. | 10.46% | 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 | 2.47% | 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 Jul 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 Jul 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 Jul 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 Jul 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 Jul 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 Jul 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 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FLO has higher volatility (14.34%) compared to KO (6.08%). In terms of maximum drawdown, FLO dropped -72.29% vs KO's -68.23%.
KO currently has the higher Sharpe Ratio (1.39 vs -1.16), 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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