Omega Flex/$OFLX

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About Omega Flex

Omega Flex Inc is a manufacturer of flexible metal hoses, which is used in a variety of ways to carry gases and liquids within their particular applications. Omega sells its products under the TracPipe, CounterStrike, DoubleTrac, DEF-Trac and MediTrac brands. It serves various markets which include construction, manufacturing, transportation, petrochemical, pharmaceutical, and other industries. Geographically Omega Flex, Inc operates in the United States. The company derives revenues from the manufacture and sale of flexible metal hose and accessories.

Ticker

$OFLX
Primary listing

Industry

Machinery

Employees

175

ISIN

US6820951043

Omega Flex Metrics

BasicAdvanced
$362M
20.87
$1.72
0.39
$1.36
3.79%

Bulls say / Bears say

Omega Flex maintains a strong financial position with a current ratio of 5.39, indicating robust liquidity to meet short-term obligations. (alphaquery.com)
The company has consistently high gross profit margins, with 61.2% in 2024, reflecting efficient cost management. (dcfmodeling.com)
Omega Flex's low degree of financial leverage at 0.83 as of September 2024 suggests minimal reliance on debt, reducing financial risk. (gurufocus.com)
Net sales declined by 8.8% in 2024 compared to the previous year, attributed to lower sales volumes due to a decline in housing starts. (dcfmodeling.com)
Net income decreased by 13.2% in 2024, primarily due to lower net sales and increased salary-related expenses and travel costs. (dcfmodeling.com)
Operating profit declined by 16.4% in 2024, reflecting challenges in maintaining profitability amid reduced sales and higher expenses. (dcfmodeling.com)
Data summarised monthly by Lightyear AI. Last updated on 8 Jun 2025.

Omega Flex Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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Jul10
Omega Flex
Dividend·Payment
$0.34Per share
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