Omega Flex (OFLX) Financials

$27.19 +0.09 (+0.33%)

As of 04:00 PM Eastern

Annual Income Statements for Omega Flex

This table shows Omega Flex's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	24	21	18
Consolidated Net Income / (Loss)	24	21	18
Net Income / (Loss) Continuing Operations	24	21	18
Total Pre-Tax Income	31	28	24
Total Operating Income	31	26	22
Total Gross Profit	78	68	62
Total Revenue	125	111	102
Operating Revenue	125	111	102
Total Cost of Revenue	47	43	39
Operating Cost of Revenue	47	43	39
Total Operating Expenses	47	43	41
Selling, General & Admin Expense	43	39	37
Other Operating Expenses / (Income)	4.73	3.87	4.07
Total Other Income / (Expense), net	-0.04	1.75	2.05
Interest Expense	-0.17	-1.70	-2.28
Other Income / (Expense), net	-0.21	0.05	-0.23
Income Tax Expense	7.33	6.83	5.71
Net Income / (Loss) Attributable to Noncontrolling Interest	0.03	-0.04	-0.10
Basic Earnings per Share	$2.34	$2.06	$1.78
Weighted Average Basic Shares Outstanding	10.09M	10.09M	10.09M
Diluted Earnings per Share	$2.34	$2.06	$1.78
Weighted Average Diluted Shares Outstanding	10.09M	10.09M	10.09M
Weighted Average Basic & Diluted Shares Outstanding	10.09M	10.09M	10.09M
Cash Dividends to Common per Share	$1.26	$1.31	$1.35

This table shows Omega Flex's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	6.54	6.18	5.74	4.56	5.58	4.89	4.22	4.50	4.62	4.68
Consolidated Net Income / (Loss)	6.54	6.18	5.74	4.55	5.57	4.86	4.20	4.47	4.60	4.65
Net Income / (Loss) Continuing Operations	6.54	6.18	5.74	4.55	5.57	4.86	4.20	4.47	4.60	4.65
Total Pre-Tax Income	8.46	7.95	7.62	5.94	7.32	6.67	5.58	5.86	6.08	6.11
Total Operating Income	8.64	7.67	7.31	5.52	6.86	6.11	5.06	5.28	5.47	5.76
Total Gross Profit	20	19	19	16	17	17	15	15	15	17
Total Revenue	32	31	30	26	27	28	25	25	25	27
Operating Revenue	32	31	30	26	27	28	25	25	25	27
Total Cost of Revenue	12	12	11	10	11	11	10	9.40	9.53	10
Operating Cost of Revenue	12	12	11	10	11	11	10	9.40	9.53	10
Total Operating Expenses	11	11	11	10	10	11	10	9.94	9.88	11
Selling, General & Admin Expense	10	9.75	10	9.37	9.10	9.86	9.11	8.96	8.82	9.74
Other Operating Expenses / (Income)	1.10	1.22	0.96	0.91	0.99	1.01	0.93	0.98	1.06	1.10
Total Other Income / (Expense), net	-0.18	0.29	0.31	0.42	0.46	0.55	0.52	0.58	0.61	0.35
Interest Expense	-0.03	-0.12	-0.28	-0.40	-0.50	-0.52	-0.55	-0.61	-0.59	-0.54
Other Income / (Expense), net	-0.21	0.16	0.03	0.02	-0.04	0.03	-0.03	-0.03	0.02	-0.19
Income Tax Expense	1.92	1.77	1.88	1.39	1.75	1.81	1.38	1.39	1.48	1.47
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.00	0.00	-0.00	-0.01	-0.00	-0.03	-0.02	-0.02	-0.02	-0.04
Basic Earnings per Share	$0.65	$0.61	$0.57	$0.45	$0.55	$0.49	$0.42	$0.45	$0.46	$0.45
Weighted Average Basic Shares Outstanding	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M
Diluted Earnings per Share	$0.65	-	$0.57	$0.45	$0.55	$0.49	$0.42	$0.45	$0.46	$0.45
Weighted Average Diluted Shares Outstanding	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M
Weighted Average Basic & Diluted Shares Outstanding	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M
Cash Dividends to Common per Share	$0.32	$0.32	$0.32	$0.33	$0.33	$0.33	$0.33	$0.34	$0.34	$0.34

This table details how cash moves in and out of Omega Flex's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	4.82	8.66	5.32
Net Cash From Operating Activities	15	23	21
Net Cash From Continuing Operating Activities	15	23	21
Net Income / (Loss) Continuing Operations	24	21	18
Consolidated Net Income / (Loss)	24	21	18
Depreciation Expense	1.10	1.10	1.26
Non-Cash Adjustments To Reconcile Net Income	-0.05	1.41	0.30
Changes in Operating Assets and Liabilities, net	-9.45	0.20	1.39
Net Cash From Investing Activities	-0.94	-1.64	-2.01
Net Cash From Continuing Investing Activities	-0.94	-1.64	-2.01
Purchase of Property, Plant & Equipment	-0.94	-1.64	-2.01
Net Cash From Financing Activities	-9.49	-13	-14
Net Cash From Continuing Financing Activities	-9.49	-13	-14
Payment of Dividends	-9.49	-13	-14
Other Net Changes in Cash	-0.03	-0.00	0.02
Cash Interest Paid	0.00	0.00	0.00
Cash Income Taxes Paid	8.68	6.06	5.54

This table details how cash moves in and out of Omega Flex's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	0.15	7.32	-2.22	4.39	-1.93	8.41	-1.09	0.43	0.21	5.77
Net Cash From Operating Activities	3.70	11	1.47	7.99	2.04	12	2.70	4.40	3.99	9.76
Net Cash From Continuing Operating Activities	3.70	11	1.47	7.99	2.04	12	2.70	4.40	3.99	9.76
Net Income / (Loss) Continuing Operations	6.54	6.18	5.74	4.55	5.57	4.86	4.20	4.47	4.60	4.65
Consolidated Net Income / (Loss)	6.54	6.18	5.74	4.55	5.57	4.86	4.20	4.47	4.60	4.65
Depreciation Expense	0.25	0.28	0.26	0.26	0.28	0.30	0.29	0.29	0.31	0.37
Non-Cash Adjustments To Reconcile Net Income	-1.13	0.11	0.85	-0.04	0.49	0.10	-0.32	-0.01	0.64	-0.02
Changes in Operating Assets and Liabilities, net	-1.96	4.10	-5.39	3.21	-4.30	6.67	-1.47	-0.35	-1.56	4.76
Net Cash From Investing Activities	-0.31	-0.13	-0.45	-0.36	-0.64	-0.19	-0.46	-0.64	-0.34	-0.56
Net Cash From Continuing Investing Activities	-0.31	-0.13	-0.45	-0.36	-0.64	-0.19	-0.46	-0.64	-0.34	-0.56
Purchase of Property, Plant & Equipment	-0.31	-0.13	-0.45	-0.36	-0.64	-0.19	-0.46	-0.64	-0.34	-0.56
Net Cash From Financing Activities	-3.23	-3.23	-3.23	-3.23	-3.33	-3.33	-3.33	-3.33	-3.43	-3.43
Net Cash From Continuing Financing Activities	-3.23	-3.23	-3.23	-3.23	-3.33	-3.33	-3.33	-3.33	-3.43	-3.43
Payment of Dividends	-3.23	-3.23	-3.23	-3.23	-3.33	-3.33	-3.33	-3.33	-3.43	-3.43
Cash Income Taxes Paid	1.61	1.45	0.10	2.88	2.18	0.89	0.09	3.31	1.16	0.97

This table presents Omega Flex's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Total Assets	98	100	106
Total Current Assets	76	80	84
Cash & Equivalents	38	46	52
Accounts Receivable	18	15	14
Inventories, net	18	16	15
Other Current Assets	2.79	2.87	2.98
Plant, Property, & Equipment, net	8.40	8.95	9.70
Total Noncurrent Assets	14	11	13
Goodwill	3.53	3.53	3.53
Noncurrent Deferred & Refundable Income Taxes	0.92	0.19	0.37
Other Noncurrent Operating Assets	9.08	7.38	8.68
Total Liabilities & Shareholders' Equity	98	100	106
Total Liabilities	27	21	23
Total Current Liabilities	22	18	17
Accounts Payable	2.29	2.09	2.66
Accrued Expenses	8.78	7.63	5.86
Dividends Payable	3.23	3.33	3.43
Current Deferred & Payable Income Tax Liabilities	0.11	0.19	0.71
Other Current Liabilities	7.98	4.84	4.77
Total Noncurrent Liabilities	4.13	3.30	5.27
Capital Lease Obligations	2.76	2.49	4.57
Noncurrent Deferred Revenue	0.37	0.21	0.00
Noncurrent Deferred & Payable Income Tax Liabilities	0.01	0.00	0.18
Other Noncurrent Operating Liabilities	0.99	0.60	0.53
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	71	79	83
Total Preferred & Common Equity	71	79	83
Total Common Equity	71	79	83
Common Stock	11	11	11
Retained Earnings	61	68	73
Accumulated Other Comprehensive Income / (Loss)	-1.10	-0.93	-0.89
Other Equity Adjustments	-	-	-0.00
Noncontrolling Interest	0.20	0.16	0.07

This table presents Omega Flex's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	93	94	94	96	99	100	103
Total Current Assets	76	73	73	75	78	76	81
Cash & Equivalents	31	35	40	38	45	46	46
Accounts Receivable	19	17	14	16	14	13	14
Inventories, net	22	18	17	16	16	16	16
Other Current Assets	4.62	2.07	1.12	4.58	2.40	1.43	4.85
Plant, Property, & Equipment, net	8.56	8.59	8.70	9.06	9.13	9.47	9.51
Total Noncurrent Assets	8.41	13	13	12	13	14	12
Goodwill	3.53	3.53	3.53	3.53	3.53	3.53	3.53
Noncurrent Deferred & Refundable Income Taxes	0.21	0.49	0.76	0.08	0.00	0.50	0.00
Other Noncurrent Operating Assets	4.68	8.91	8.76	8.08	9.04	9.65	8.92
Total Liabilities & Shareholders' Equity	93	94	94	96	99	100	103
Total Liabilities	25	21	19	18	20	19	21
Total Current Liabilities	21	17	16	15	14	13	15
Accounts Payable	2.58	2.05	1.87	1.47	2.86	2.29	2.59
Accrued Expenses	7.66	4.41	5.88	5.90	3.53	3.86	4.78
Dividends Payable	3.23	3.23	3.33	3.33	3.33	3.43	3.43
Current Deferred & Payable Income Tax Liabilities	-	1.45	0.26	0.00	-	0.10	0.00
Other Current Liabilities	7.51	5.64	4.30	4.36	3.42	3.77	4.22
Total Noncurrent Liabilities	4.02	3.75	3.64	3.35	5.07	5.43	5.76
Capital Lease Obligations	2.67	-	2.72	2.48	4.30	4.90	4.90
Noncurrent Deferred Revenue	0.43	0.37	0.21	0.21	0.21	0.00	0.00
Noncurrent Deferred & Payable Income Tax Liabilities	0.01	0.01	0.01	0.08	0.02	-	0.34
Other Noncurrent Operating Liabilities	0.91	3.37	0.71	0.59	0.54	0.52	0.53
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	68	74	75	77	80	81	82
Total Preferred & Common Equity	68	74	75	77	80	81	82
Total Common Equity	68	74	75	77	80	81	82
Common Stock	11	11	11	11	11	11	11
Retained Earnings	58	63	65	67	69	70	72
Accumulated Other Comprehensive Income / (Loss)	-1.29	-1.03	-0.92	-1.08	-0.95	-0.93	-0.78
Other Equity Adjustments	-	-	-	-	-	-	-0.00
Noncontrolling Interest	0.18	0.20	0.20	0.19	0.14	0.12	0.11

This table displays calculated financial ratios and metrics derived from Omega Flex's official financial filings.

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-
Revenue Growth	-3.48%	-11.17%	-8.78%
EBITDA Growth	-11.64%	-15.54%	-16.13%
EBIT Growth	-12.19%	-16.10%	-17.42%
NOPAT Growth	-9.67%	-18.05%	-15.70%
Net Income Growth	-9.92%	-12.40%	-13.54%
EPS Growth	-10.00%	-11.97%	-13.59%
Operating Cash Flow Growth	-39.38%	53.63%	-10.95%
Free Cash Flow Firm Growth	-51.48%	73.53%	-26.04%
Invested Capital Growth	42.84%	-2.90%	3.03%
Revenue Q/Q Growth	-3.57%	-2.34%	-1.15%
EBITDA Q/Q Growth	-6.51%	-5.84%	-2.16%
EBIT Q/Q Growth	-6.62%	-6.12%	-2.61%
NOPAT Q/Q Growth	-6.39%	-7.22%	-0.46%
Net Income Q/Q Growth	-5.65%	-6.02%	-1.16%
EPS Q/Q Growth	0.00%	0.00%	-2.20%
Operating Cash Flow Q/Q Growth	-7.90%	5.63%	-9.41%
Free Cash Flow Firm Q/Q Growth	-13.48%	6.80%	-10.15%
Invested Capital Q/Q Growth	-8.97%	-14.90%	-11.37%
Profitability Metrics	-	-	-
Gross Margin	62.40%	61.33%	61.23%
EBITDA Margin	25.42%	24.17%	22.23%
Operating Margin	24.72%	23.15%	21.21%
EBIT Margin	24.55%	23.19%	20.99%
Profit (Net Income) Margin	18.85%	18.59%	17.62%
Tax Burden Percent	76.35%	75.22%	75.84%
Interest Burden Percent	100.56%	106.58%	110.67%
Effective Tax Rate	23.65%	24.78%	24.16%
Return on Invested Capital (ROIC)	70.59%	49.90%	42.06%
ROIC Less NNEP Spread (ROIC-NNEP)	70.68%	46.26%	38.36%
Return on Net Nonoperating Assets (RNNOA)	-34.68%	-22.28%	-19.94%
Return on Equity (ROE)	35.91%	27.62%	22.11%
Cash Return on Invested Capital (CROIC)	35.30%	52.84%	39.07%
Operating Return on Assets (OROA)	33.02%	26.12%	20.71%
Return on Assets (ROA)	25.35%	20.94%	17.38%
Return on Common Equity (ROCE)	35.81%	27.56%	22.08%
Return on Equity Simple (ROE_SIMPLE)	33.32%	26.33%	21.55%
Net Operating Profit after Tax (NOPAT)	24	19	16
NOPAT Margin	18.87%	17.41%	16.09%
Net Nonoperating Expense Percent (NNEP)	-0.09%	3.64%	3.69%
Return On Investment Capital (ROIC_SIMPLE)	-	23.86%	18.64%
Cost of Revenue to Revenue	37.60%	38.67%	38.77%
SG&A Expenses to Revenue	33.91%	34.72%	36.02%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	37.68%	38.19%	40.02%
Earnings before Interest and Taxes (EBIT)	31	26	21
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	32	27	23
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	12.94	8.81	5.10
Price to Tangible Book Value (P/TBV)	13.61	9.22	5.32
Price to Revenue (P/Rev)	7.32	6.22	4.17
Price to Earnings (P/E)	38.87	33.39	23.52
Dividend Yield	1.39%	1.91%	3.22%
Earnings Yield	2.57%	2.99%	4.25%
Enterprise Value to Invested Capital (EV/IC)	22.39	16.95	9.54
Enterprise Value to Revenue (EV/Rev)	7.04	5.83	3.70
Enterprise Value to EBITDA (EV/EBITDA)	27.69	24.11	16.66
Enterprise Value to EBIT (EV/EBIT)	28.68	25.13	17.64
Enterprise Value to NOPAT (EV/NOPAT)	37.31	33.47	23.02
Enterprise Value to Operating Cash Flow (EV/OCF)	57.95	27.73	18.06
Enterprise Value to Free Cash Flow (EV/FCFF)	74.60	31.61	24.78
Leverage & Solvency	-	-	-
Debt to Equity	0.04	0.03	0.05
Long-Term Debt to Equity	0.04	0.03	0.05
Financial Leverage	-0.49	-0.48	-0.52
Leverage Ratio	1.42	1.32	1.27
Compound Leverage Factor	1.42	1.41	1.41
Debt to Total Capital	3.74%	3.06%	5.20%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	3.74%	3.06%	5.20%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.27%	0.20%	0.08%
Common Equity to Total Capital	96.00%	96.74%	94.72%
Debt to EBITDA	0.09	0.09	0.20
Net Debt to EBITDA	-1.10	-1.63	-2.09
Long-Term Debt to EBITDA	0.09	0.09	0.20
Debt to NOPAT	0.12	0.13	0.28
Net Debt to NOPAT	-1.48	-2.26	-2.88
Long-Term Debt to NOPAT	0.12	0.13	0.28
Altman Z-Score	24.64	23.12	14.53
Noncontrolling Interest Sharing Ratio	0.29%	0.24%	0.14%
Liquidity Ratios	-	-	-
Current Ratio	3.38	4.43	4.80
Quick Ratio	2.47	3.41	3.79
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	12	21	15
Operating Cash Flow to CapEx	1,618.47%	1,426.43%	1,039.73%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00
Efficiency Ratios	-	-	-
Asset Turnover	1.35	1.13	0.99
Accounts Receivable Turnover	6.57	6.78	6.84
Inventory Turnover	2.83	2.58	2.61
Fixed Asset Turnover	14.79	12.85	10.90
Accounts Payable Turnover	16.72	19.68	16.59
Days Sales Outstanding (DSO)	55.60	53.81	53.38
Days Inventory Outstanding (DIO)	128.92	141.26	139.62
Days Payable Outstanding (DPO)	21.83	18.55	22.00
Cash Conversion Cycle (CCC)	162.68	176.52	171.00
Capital & Investment Metrics	-	-	-
Invested Capital	39	38	39
Invested Capital Turnover	3.74	2.87	2.61
Increase / (Decrease) in Invested Capital	12	-1.15	1.16
Enterprise Value (EV)	883	650	377
Market Capitalization	918	693	424
Book Value per Share	$7.03	$7.80	$8.23
Tangible Book Value per Share	$6.68	$7.45	$7.88
Total Capital	74	81	88
Total Debt	2.76	2.49	4.57
Total Long-Term Debt	2.76	2.49	4.57
Net Debt	-35	-44	-47
Capital Expenditures (CapEx)	0.94	1.64	2.01
Debt-free, Cash-free Net Working Capital (DFCFNWC)	16	16	14
Debt-free Net Working Capital (DFNWC)	53	62	66
Net Working Capital (NWC)	53	62	66
Net Nonoperating Expense (NNE)	0.03	-1.31	-1.56
Net Nonoperating Obligations (NNO)	-32	-41	-44
Total Depreciation and Amortization (D&A)	1.10	1.10	1.26
Debt-free, Cash-free Net Working Capital to Revenue	12.48%	14.13%	14.25%
Debt-free Net Working Capital to Revenue	42.53%	55.72%	65.09%
Net Working Capital to Revenue	42.53%	55.72%	65.09%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$2.34	$2.06	$1.78
Adjusted Weighted Average Basic Shares Outstanding	10.09M	10.09M	10.09M
Adjusted Diluted Earnings per Share	$0.00	$2.06	$1.78
Adjusted Weighted Average Diluted Shares Outstanding	10.09M	10.09M	10.09M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	10.09M	10.09M	10.09M
Normalized Net Operating Profit after Tax (NOPAT)	24	19	16
Normalized NOPAT Margin	18.87%	17.41%	16.09%
Pre Tax Income Margin	24.69%	24.71%	23.23%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00
Payout Ratios	-	-	-
Dividend Payout Ratio	40.12%	63.34%	75.51%
Augmented Payout Ratio	40.12%	63.34%	75.51%

This table displays calculated financial ratios and metrics derived from Omega Flex's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-0.30%	-13.09%	-4.17%	-18.62%	-13.07%	-8.66%	-15.91%	-4.70%	-9.51%	-4.20%
EBITDA Growth	1.45%	-21.50%	-0.29%	-22.43%	-18.26%	-20.61%	-30.06%	-4.63%	-18.22%	-7.75%
EBIT Growth	1.49%	-21.80%	-0.04%	-23.03%	-19.13%	-21.52%	-31.46%	-5.28%	-19.49%	-9.29%
NOPAT Growth	8.32%	-21.38%	0.42%	-23.90%	-21.77%	-25.32%	-30.79%	-4.62%	-20.80%	-1.63%
Net Income Growth	6.20%	-18.64%	4.95%	-16.67%	-14.76%	-21.48%	-26.84%	-1.67%	-17.55%	-4.33%
EPS Growth	0.00%	0.00%	0.00%	-16.67%	-15.38%	0.00%	-26.32%	0.00%	-16.36%	-8.16%
Operating Cash Flow Growth	69.23%	-10.91%	137.93%	68.18%	-44.83%	11.70%	83.95%	-44.87%	95.68%	-18.16%
Free Cash Flow Firm Growth	-780.38%	-201.71%	189.10%	149.78%	171.96%	195.26%	-18.18%	-50.15%	30.21%	-42.48%
Invested Capital Growth	36.56%	42.84%	3.80%	0.98%	3.86%	-2.90%	1.32%	5.15%	-1.07%	3.03%
Revenue Q/Q Growth	-0.37%	-2.57%	-2.69%	-13.85%	6.43%	2.37%	-10.41%	-2.36%	1.06%	8.38%
EBITDA Q/Q Growth	15.89%	-6.49%	-6.32%	-23.59%	22.12%	-9.18%	-17.48%	4.19%	4.73%	2.45%
EBIT Q/Q Growth	17.03%	-7.13%	-6.30%	-24.42%	22.96%	-9.87%	-18.16%	4.43%	4.51%	1.55%
NOPAT Q/Q Growth	20.17%	-10.71%	-7.64%	-23.20%	23.52%	-14.76%	-14.41%	5.83%	2.58%	5.87%
Net Income Q/Q Growth	19.76%	-5.44%	-7.15%	-20.75%	22.51%	-12.90%	-13.49%	6.52%	2.73%	1.07%
EPS Q/Q Growth	20.37%	0.00%	0.00%	-21.05%	22.22%	-10.91%	-14.29%	7.14%	2.22%	-2.17%
Operating Cash Flow Q/Q Growth	-22.17%	188.88%	-86.23%	443.33%	-74.47%	484.89%	-77.33%	62.83%	-9.38%	144.61%
Free Cash Flow Firm Q/Q Growth	35.91%	-19.17%	167.82%	-3.90%	-7.35%	57.76%	-41.75%	-41.46%	142.03%	-30.31%
Invested Capital Q/Q Growth	6.07%	-8.97%	5.19%	-0.59%	9.10%	-14.90%	9.77%	3.16%	2.65%	-11.37%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	62.46%	60.49%	62.12%	61.16%	61.63%	60.36%	59.88%	61.83%	61.70%	61.53%
EBITDA Margin	27.43%	26.33%	25.35%	22.48%	25.80%	22.89%	21.08%	22.50%	23.32%	22.04%
Operating Margin	27.32%	24.88%	24.36%	21.37%	24.95%	21.72%	20.06%	21.46%	21.98%	21.37%
EBIT Margin	26.66%	25.41%	24.47%	21.46%	24.80%	21.83%	19.94%	21.33%	22.06%	20.67%
Profit (Net Income) Margin	20.67%	20.06%	19.15%	17.61%	20.27%	17.25%	16.66%	18.17%	18.47%	17.23%
Tax Burden Percent	77.27%	77.75%	75.36%	76.59%	76.15%	72.83%	75.34%	76.34%	75.65%	76.01%
Interest Burden Percent	100.38%	101.56%	103.83%	107.14%	107.36%	108.48%	110.86%	111.60%	110.68%	109.63%
Effective Tax Rate	22.73%	22.25%	24.64%	23.41%	23.85%	27.17%	24.66%	23.66%	24.35%	23.99%
Return on Invested Capital (ROIC)	73.15%	72.36%	55.95%	47.13%	49.06%	45.33%	38.58%	40.81%	38.19%	42.46%
ROIC Less NNEP Spread (ROIC-NNEP)	73.72%	71.68%	55.09%	46.02%	47.83%	44.22%	37.47%	39.57%	36.87%	41.83%
Return on Net Nonoperating Assets (RNNOA)	-29.07%	-35.17%	-22.24%	-19.02%	-18.71%	-21.29%	-17.06%	-18.08%	-16.13%	-21.74%
Return on Equity (ROE)	44.09%	37.20%	33.71%	28.11%	30.35%	24.04%	21.52%	22.74%	22.06%	20.71%
Cash Return on Invested Capital (CROIC)	36.46%	35.30%	54.42%	53.49%	43.55%	52.84%	41.07%	36.37%	37.77%	39.07%
Operating Return on Assets (OROA)	39.44%	34.17%	34.00%	27.69%	30.01%	24.59%	21.99%	23.20%	22.87%	20.39%
Return on Assets (ROA)	30.59%	26.99%	26.61%	22.72%	24.53%	19.43%	18.37%	19.76%	19.15%	17.00%
Return on Common Equity (ROCE)	43.96%	37.09%	33.61%	28.03%	30.27%	23.98%	21.47%	22.69%	22.01%	20.68%
Return on Equity Simple (ROE_SIMPLE)	36.95%	0.00%	32.52%	30.73%	28.64%	0.00%	24.11%	23.69%	22.11%	0.00%
Net Operating Profit after Tax (NOPAT)	6.68	5.96	5.51	4.23	5.22	4.45	3.81	4.03	4.14	4.38
NOPAT Margin	21.11%	19.34%	18.36%	16.37%	19.00%	15.82%	15.11%	16.38%	16.63%	16.24%
Net Nonoperating Expense Percent (NNEP)	-0.56%	0.69%	0.85%	1.11%	1.24%	1.12%	1.11%	1.24%	1.32%	0.63%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	5.47%	-	-	-	4.99%
Cost of Revenue to Revenue	37.54%	39.51%	37.88%	38.84%	38.37%	39.64%	40.12%	38.17%	38.30%	38.47%
SG&A Expenses to Revenue	31.66%	31.65%	34.57%	36.28%	33.08%	35.04%	36.13%	36.37%	35.47%	36.10%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	35.15%	35.61%	37.76%	39.79%	36.69%	38.64%	39.82%	40.37%	39.72%	40.16%
Earnings before Interest and Taxes (EBIT)	8.43	7.83	7.34	5.55	6.82	6.15	5.03	5.25	5.49	5.57
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	8.68	8.11	7.60	5.81	7.09	6.44	5.32	5.54	5.80	5.94
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	13.35	12.94	14.90	13.72	10.10	8.81	8.90	6.42	6.15	5.10
Price to Tangible Book Value (P/TBV)	14.08	13.61	15.66	14.40	10.58	9.22	9.31	6.71	6.42	5.32
Price to Revenue (P/Rev)	6.96	7.32	8.83	8.69	6.81	6.22	6.63	4.91	4.90	4.17
Price to Earnings (P/E)	36.16	38.87	45.85	44.64	35.25	33.39	36.79	26.99	27.66	23.52
Dividend Yield	1.36%	1.39%	1.16%	1.27%	2.10%	1.91%	1.87%	2.59%	2.68%	3.22%
Earnings Yield	2.77%	2.57%	2.18%	2.24%	2.84%	2.99%	2.72%	3.71%	3.62%	4.25%
Enterprise Value to Invested Capital (EV/IC)	20.25	22.39	25.56	24.00	16.48	16.95	15.86	10.99	10.40	9.54
Enterprise Value to Revenue (EV/Rev)	6.75	7.04	8.55	8.38	6.50	5.83	6.25	4.52	4.50	3.70
Enterprise Value to EBITDA (EV/EBITDA)	25.72	27.69	33.29	32.80	25.93	24.11	27.05	19.56	20.05	16.66
Enterprise Value to EBIT (EV/EBIT)	26.61	28.68	34.45	33.99	26.96	25.13	28.34	20.52	21.13	17.64
Enterprise Value to NOPAT (EV/NOPAT)	34.70	37.31	44.78	44.28	35.48	33.47	37.66	27.23	28.18	23.02
Enterprise Value to Operating Cash Flow (EV/OCF)	53.02	57.95	51.54	41.57	33.47	27.73	27.05	22.63	20.11	18.06
Enterprise Value to Free Cash Flow (EV/FCFF)	64.12	74.60	47.85	45.09	38.56	31.61	38.87	30.98	27.37	24.78
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.04	0.04	0.00	0.04	0.03	0.03	0.05	0.06	0.06	0.05
Long-Term Debt to Equity	0.04	0.04	0.00	0.04	0.03	0.03	0.05	0.06	0.06	0.05
Financial Leverage	-0.39	-0.49	-0.40	-0.41	-0.39	-0.48	-0.46	-0.46	-0.44	-0.52
Leverage Ratio	1.42	1.42	1.31	1.31	1.30	1.32	1.26	1.24	1.25	1.27
Compound Leverage Factor	1.42	1.44	1.36	1.40	1.39	1.43	1.40	1.39	1.38	1.39
Debt to Total Capital	3.77%	3.74%	0.00%	3.50%	3.11%	3.06%	5.12%	5.72%	5.63%	5.20%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	3.77%	3.74%	0.00%	3.50%	3.11%	3.06%	5.12%	5.72%	5.63%	5.20%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.25%	0.27%	0.27%	0.26%	0.24%	0.20%	0.17%	0.14%	0.13%	0.08%
Common Equity to Total Capital	95.97%	96.00%	99.73%	96.25%	96.65%	96.74%	94.71%	94.13%	94.24%	94.72%
Debt to EBITDA	0.08	0.09	0.00	0.09	0.09	0.09	0.17	0.20	0.21	0.20
Net Debt to EBITDA	-0.82	-1.10	0.00	-1.23	-1.24	-1.63	-1.66	-1.67	-1.77	-2.09
Long-Term Debt to EBITDA	0.08	0.09	0.00	0.09	0.09	0.09	0.17	0.20	0.21	0.20
Debt to NOPAT	0.11	0.12	0.00	0.12	0.12	0.13	0.24	0.28	0.30	0.28
Net Debt to NOPAT	-1.10	-1.48	0.00	-1.66	-1.70	-2.26	-2.31	-2.33	-2.49	-2.88
Long-Term Debt to NOPAT	0.11	0.12	0.00	0.12	0.12	0.13	0.24	0.28	0.30	0.28
Altman Z-Score	25.01	23.86	35.30	35.10	28.48	22.47	24.76	19.45	17.47	14.04
Noncontrolling Interest Sharing Ratio	0.29%	0.29%	0.29%	0.28%	0.25%	0.24%	0.22%	0.21%	0.19%	0.14%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.63	3.38	4.34	4.64	4.97	4.43	5.37	5.69	5.39	4.80
Quick Ratio	2.37	2.47	3.16	3.46	3.59	3.41	4.12	4.40	3.99	3.79
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-4.93	-5.88	3.98	3.83	3.55	5.60	3.26	1.91	4.62	3.22
Operating Cash Flow to CapEx	1,180.83%	8,541.60%	324.50%	2,194.23%	319.59%	6,377.54%	586.55%	690.13%	1,159.88%	1,733.57%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.48	1.35	1.39	1.29	1.21	1.13	1.10	1.09	1.04	0.99
Accounts Receivable Turnover	6.32	6.57	6.86	7.47	6.48	6.78	6.73	7.62	6.79	6.84
Inventory Turnover	2.78	2.83	2.60	2.34	2.32	2.58	2.51	2.48	2.50	2.61
Fixed Asset Turnover	15.15	14.79	14.65	13.76	12.96	12.85	12.04	11.61	11.08	10.90
Accounts Payable Turnover	21.78	16.72	20.84	19.98	21.79	19.68	17.06	19.86	19.80	16.59
Days Sales Outstanding (DSO)	57.72	55.60	53.18	48.87	56.30	53.81	54.21	47.89	53.76	53.38
Days Inventory Outstanding (DIO)	131.19	128.92	140.17	156.29	157.09	141.26	145.50	147.46	146.19	139.62
Days Payable Outstanding (DPO)	16.76	21.83	17.51	18.26	16.75	18.55	21.39	18.38	18.44	22.00
Cash Conversion Cycle (CCC)	172.16	162.68	175.83	186.89	196.64	176.52	178.32	176.97	181.51	171.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	43	39	42	41	45	38	42	43	45	39
Invested Capital Turnover	3.47	3.74	3.05	2.88	2.58	2.87	2.55	2.49	2.30	2.61
Increase / (Decrease) in Invested Capital	12	12	1.52	0.40	1.68	-1.15	0.55	2.12	-0.48	1.16
Enterprise Value (EV)	878	883	1,061	991	742	650	667	477	463	377
Market Capitalization	905	918	1,096	1,027	777	693	708	518	504	424
Book Value per Share	$6.72	$7.03	$7.29	$7.42	$7.63	$7.80	$7.88	$7.99	$8.12	$8.23
Tangible Book Value per Share	$6.37	$6.68	$6.94	$7.07	$7.28	$7.45	$7.53	$7.64	$7.77	$7.88
Total Capital	71	74	74	78	80	81	84	86	87	88
Total Debt	2.67	2.76	0.00	2.72	2.48	2.49	4.30	4.90	4.90	4.57
Total Long-Term Debt	2.67	2.76	0.00	2.72	2.48	2.49	4.30	4.90	4.90	4.57
Net Debt	-28	-35	-35	-37	-35	-44	-41	-41	-41	-47
Capital Expenditures (CapEx)	0.31	0.13	0.45	0.36	0.64	0.19	0.46	0.64	0.34	0.56
Debt-free, Cash-free Net Working Capital (DFCFNWC)	25	16	21	17	22	16	18	17	20	14
Debt-free Net Working Capital (DFNWC)	55	53	56	57	60	62	63	63	66	66
Net Working Capital (NWC)	55	53	56	57	60	62	63	63	66	66
Net Nonoperating Expense (NNE)	0.14	-0.22	-0.24	-0.32	-0.35	-0.40	-0.39	-0.44	-0.46	-0.27
Net Nonoperating Obligations (NNO)	-25	-32	-32	-34	-32	-41	-38	-37	-38	-44
Total Depreciation and Amortization (D&A)	0.25	0.28	0.26	0.26	0.28	0.30	0.29	0.29	0.31	0.37
Debt-free, Cash-free Net Working Capital to Revenue	18.83%	12.48%	16.52%	14.47%	19.12%	14.13%	16.69%	16.44%	19.46%	14.25%
Debt-free Net Working Capital to Revenue	42.32%	42.53%	45.09%	48.18%	52.38%	55.72%	59.12%	59.77%	64.06%	65.09%
Net Working Capital to Revenue	42.32%	42.53%	45.09%	48.18%	52.38%	55.72%	59.12%	59.77%	64.06%	65.09%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.65	$0.61	$0.57	$0.45	$0.55	$0.49	$0.42	$0.45	$0.46	$0.45
Adjusted Weighted Average Basic Shares Outstanding	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.45	$0.55	$0.49	$0.42	$0.45	$0.46	$0.45
Adjusted Weighted Average Diluted Shares Outstanding	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M	10.09M
Normalized Net Operating Profit after Tax (NOPAT)	6.68	5.96	5.51	4.23	5.22	4.45	3.81	4.03	4.14	4.38
Normalized NOPAT Margin	21.11%	19.34%	18.36%	16.37%	19.00%	15.82%	15.11%	16.38%	16.63%	16.24%
Pre Tax Income Margin	26.76%	25.80%	25.40%	23.00%	26.62%	23.68%	22.11%	23.81%	24.42%	22.66%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	49.13%	40.12%	53.17%	56.15%	59.07%	63.34%	68.95%	69.76%	74.07%	75.51%
Augmented Payout Ratio	49.13%	40.12%	53.17%	56.15%	59.07%	63.34%	68.95%	69.76%	74.07%	75.51%

Financials Breakdown Chart

Key Financial Trends

Omega Flex, Inc. (OFLX) shows solid profitability, strong cash flow in late 2024, and a conservative balance sheet. Below are the key takeaways drawn from the last four years of quarterly statements.

Revenue growth and margins: Q4 2024 revenue was 26,965,000 with gross profit of 16,592,000, yielding a gross margin of about 61.5% (consistent with prior quarters).
Steady earnings power: Net income continuing operations rose through 2024, from about 4.20M in Q1 to 4.65M in Q4 2024 (Q3 2024: 4.60M; Q2 2024: 4.47M).
Strong operating cash flow: CFO from continuing operations in Q4 2024 was 9,760,000, with quarterly CFO trends generally improving versus earlier quarters (Q3 2024: ~3.99M; Q2 2024: ~4.40M; Q1 2024: ~2.70M).
Healthy balance sheet and liquidity: as of Q3 2024, Total equity about 81,976,000 vs Total liabilities 20,785,000; Cash & equivalents around 45,873,000; capitalization includes only modest long-term leverage (Capital Lease Obligations ~4.9M).
Earnings per share and dividend policy: Basic and diluted EPS around 0.45 (Q4 2024); Weighted average shares ~10.094 million; cash dividends per share 0.34, signaling ongoing income for shareholders.
Dividend cash outflows: quarterly dividends are steady, roughly 3.3M–3.4M per quarter, providing income but representing a recurring cash outflow.
Capital spending pace: quarterly PPE purchases are modest (Q4 2024 PPE about 0.563M; Q3 2024 about 0.344M), indicating limited capex and ongoing utilization of existing assets.
Financing outflows tied to dividends: net cash from financing activities is negative in each quarter (roughly 3.3M–3.4M), driven by dividend payments and reducing cash reserves.
Limited leverage; high equity cushion means growth financing options are modest: Capital Lease Obligations around 4.9M, with no large ongoing debt visible in these quarters, which can limit leverage-based growth but lowers interest burden.
Cash balance sensitivity: ongoing dividend payments coupled with negative financing cash flow mean cash reserves could tighten if operating performance weakens, though CFO has remained strong so far.

05/18/26 04:31 PM ETAI Generated. May Contain Errors.

Omega Flex Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Omega Flex's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

Omega Flex's net income appears to be on a downward trend, with a most recent value of $17.92 million in 2024, falling from $23.65 million in 2022. The previous period was $20.72 million in 2023. See Omega Flex's forecast for analyst expectations on what's next for the company.

Omega Flex's total operating income in 2024 was $21.57 million, based on the following breakdown:

Total Gross Profit: $62.26 million
Total Operating Expenses: $40.69 million

Over the last 2 years, Omega Flex's total revenue changed from $125.49 million in 2022 to $101.68 million in 2024, a change of -19.0%.

Omega Flex's total liabilities were at $22.71 million at the end of 2024, a 6.2% increase from 2023, and a 14.3% decrease since 2022.

In the past 2 years, Omega Flex's cash and equivalents has ranged from $37.70 million in 2022 to $51.70 million in 2024, and is currently $51.70 million as of their latest financial filing in 2024.

Over the last 2 years, Omega Flex's book value per share changed from 7.03 in 2022 to 8.23 in 2024, a change of 17.1%.

Related Companies

Financial statements for NASDAQ:OFLX last updated on 4/6/2025 by MarketBeat.com Staff. New filings and market data are monitored continuously.

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Omega Flex (OFLX) Financials

Financials Breakdown Chart

Key Financial Trends

Omega Flex Financials - Frequently Asked Questions

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Omega Flex (OFLX) Financials

Annual Income Statements for Omega Flex

Quarterly Income Statements for Omega Flex

Annual Cash Flow Statements for Omega Flex

Quarterly Cash Flow Statements for Omega Flex

Annual Balance Sheets for Omega Flex

Quarterly Balance Sheets for Omega Flex

Annual Metrics And Ratios for Omega Flex

Quarterly Metrics And Ratios for Omega Flex

Financials Breakdown Chart

Key Financial Trends

Omega Flex Financials - Frequently Asked Questions

When does Omega Flex's fiscal year end?

How has Omega Flex's net income changed over the last 2 years?

What is Omega Flex's operating income?

How has Omega Flex's revenue changed over the last 2 years?

How much debt does Omega Flex have?

How much cash does Omega Flex have?

How has Omega Flex's book value per share changed over the last 2 years?

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools