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Omega Flex Financials

OFLX
Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Omega Flex (OFLX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 80 / 100
Financial Profile 80/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
100

Omega Flex has an operating margin of 21.2%, meaning the company retains $21 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is down from 23.2% the prior year.

Growth
3

Omega Flex's revenue declined 8.8% year-over-year, from $111.5M to $101.7M. This contraction results in a growth score of 3/100.

Leverage
100

Omega Flex carries a low D/E ratio of 0.27, meaning only $0.27 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
100

With a current ratio of 4.80, Omega Flex holds $4.80 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.

Cash Flow
93

Omega Flex converts 18.5% of revenue into free cash flow ($18.9M). This strong cash generation earns a score of 93/100.

Returns
87

Omega Flex earns a strong 21.7% return on equity (ROE), meaning it generates $22 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 87/100. This is down from 26.4% the prior year.

Altman Z-Score Safe
13.07

Omega Flex scores 13.07, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($367.9M) relative to total liabilities ($22.7M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Neutral
5/9

Omega Flex passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed
1.16x

For every $1 of reported earnings, Omega Flex generates $1.16 in operating cash flow ($20.9M OCF vs $18.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe
9.5x

Omega Flex earns $9.5 in operating income for every $1 of interest expense ($21.6M vs $2.3M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Revenue
$101.7M
YoY-8.8%
5Y CAGR-1.8%
10Y CAGR+1.8%

Omega Flex generated $101.7M in revenue in fiscal year 2024. This represents a decrease of 8.8% from the prior year.

EBITDA
$22.8M
YoY-15.1%
5Y CAGR+0.2%
10Y CAGR+0.8%

Omega Flex's EBITDA was $22.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 15.1% from the prior year.

Free Cash Flow
$18.9M
YoY-13.4%
5Y CAGR+4.9%
10Y CAGR+2.6%

Omega Flex generated $18.9M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 13.4% from the prior year.

Net Income
$18.0M
YoY-13.2%
5Y CAGR+0.8%
10Y CAGR+3.0%

Omega Flex reported $18.0M in net income in fiscal year 2024. This represents a decrease of 13.2% from the prior year.

EPS (Diluted)
$1.78
YoY-13.6%

Omega Flex earned $1.78 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 13.6% from the prior year.

Cash & Debt
$51.7M
YoY+11.5%
5Y CAGR+26.3%
10Y CAGR+8.6%

Omega Flex held $51.7M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share
$1.35
YoY+3.1%
5Y CAGR-21.7%

Omega Flex paid $1.35 per share in dividends in fiscal year 2024. This represents an increase of 3.1% from the prior year.

Shares Outstanding
10M
YoY+0.0%
5Y CAGR+0.0%
10Y CAGR+0.0%

Omega Flex had 10M shares outstanding in fiscal year 2024. This represents an increase of 0.0% from the prior year.

Gross Margin
61.2%
YoY-0.1pp
5Y CAGR-2.1pp
10Y CAGR+2.5pp

Omega Flex's gross margin was 61.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 0.1 percentage points from the prior year.

Operating Margin
21.2%
YoY-1.9pp
5Y CAGR+1.5pp
10Y CAGR-3.0pp

Omega Flex's operating margin was 21.2% in fiscal year 2024, reflecting core business profitability. This is down 1.9 percentage points from the prior year.

Net Margin
17.7%
YoY-0.9pp
5Y CAGR+2.2pp
10Y CAGR+1.9pp

Omega Flex's net profit margin was 17.7% in fiscal year 2024, showing the share of revenue converted to profit. This is down 0.9 percentage points from the prior year.

Return on Equity
21.7%
YoY-4.7pp
5Y CAGR-24.6pp
10Y CAGR-18.1pp

Omega Flex's ROE was 21.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 4.7 percentage points from the prior year.

R&D Spending
$301K
YoY-30.5%
5Y CAGR-24.0%
10Y CAGR-10.4%

Omega Flex invested $301K in research and development in fiscal year 2024. This represents a decrease of 30.5% from the prior year.

Share Buybacks
N/A
Capital Expenditures
$2.0M
YoY+22.2%
5Y CAGR+10.4%
10Y CAGR+25.0%

Omega Flex invested $2.0M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 22.2% from the prior year.

OFLX Income Statement

Metric Q3'25 Q2'25 Q1'25 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23
Revenue $24.2M-5.1% $25.5M+9.4% $23.3M-13.5% $27.0M+9.5% $24.6M-2.4% $25.2M-10.4% $28.1M+2.4% $27.5M
Cost of Revenue $9.7M-4.5% $10.1M+9.1% $9.3M-10.7% $10.4M+10.4% $9.4M-7.1% $10.1M-9.3% $11.2M+5.8% $10.5M
Gross Profit $14.6M-5.5% $15.4M+9.6% $14.1M-15.2% $16.6M+9.0% $15.2M+0.8% $15.1M-11.1% $17.0M+0.3% $16.9M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $4.1M-1.2% $4.1M+6.2% $3.9M-11.5% $4.4M+7.8% $4.1M+8.6% $3.8M-16.5% $4.5M+11.5% $4.0M
Operating Income $4.2M-11.4% $4.7M+16.6% $4.0M-29.7% $5.8M+9.1% $5.3M+4.4% $5.1M-17.3% $6.1M-10.9% $6.9M
Interest Expense $509K+3.2% $493K-3.5% $511K-4.8% $537K-11.8% $609K+11.5% $546K+4.8% $521K+3.8% $502K
Income Tax $1.1M-20.8% $1.3M+19.3% $1.1M-23.3% $1.5M+5.7% $1.4M+0.9% $1.4M-24.1% $1.8M+3.7% $1.7M
Net Income $3.7M-11.3% $4.2M+16.5% $3.6M-23.8% $4.7M+4.1% $4.5M+6.6% $4.2M-13.7% $4.9M-12.3% $5.6M
EPS (Diluted) $0.37-9.8% $0.41+17.1% $0.35-22.2% $0.450.0% $0.45+7.1% $0.42-14.3% $0.49-10.9% $0.55

OFLX Balance Sheet

Metric Q3'25 Q2'25 Q1'25 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23
Total Assets $103.8M+1.0% $102.8M0.0% $102.8M-3.0% $105.9M+6.3% $99.6M+0.4% $99.2M-1.0% $100.2M+4.9% $95.6M
Current Assets $81.6M+1.1% $80.7M+0.2% $80.5M-3.7% $83.6M+9.3% $76.5M-1.3% $77.5M-3.3% $80.2M+7.1% $74.8M
Cash & Equivalents $49.4M-2.7% $50.7M+3.1% $49.2M-4.8% $51.7M+13.1% $45.7M+1.0% $45.3M-2.3% $46.4M+22.1% $38.0M
Inventory $14.3M-1.4% $14.5M-4.4% $15.2M+4.2% $14.6M-8.6% $15.9M+2.2% $15.6M-0.1% $15.6M-3.4% $16.1M
Accounts Receivable $14.4M+8.8% $13.3M-4.0% $13.8M-3.9% $14.4M+7.2% $13.4M-6.0% $14.3M-7.1% $15.4M-5.0% $16.2M
Goodwill $3.5M0.0% $3.5M0.0% $3.5M0.0% $3.5M0.0% $3.5M0.0% $3.5M0.0% $3.5M0.0% $3.5M
Total Liabilities $19.7M+4.9% $18.8M-3.4% $19.5M-14.2% $22.7M+20.4% $18.9M-3.3% $19.5M-8.8% $21.4M+16.1% $18.4M
Current Liabilities $14.6M+5.4% $13.8M-3.9% $14.4M-17.6% $17.4M+29.8% $13.4M-7.0% $14.4M-20.1% $18.1M+20.0% $15.1M
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $84.2M+0.2% $84.0M+0.9% $83.3M+0.2% $83.1M+3.1% $80.6M+1.4% $79.6M+1.1% $78.7M+2.2% $77.0M
Retained Earnings $74.0M+0.3% $73.7M+1.0% $73.0M+0.2% $72.9M+3.5% $70.4M+1.5% $69.4M+1.3% $68.5M+2.3% $66.9M

OFLX Cash Flow Statement

Metric Q3'25 Q2'25 Q1'25 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23
Operating Cash Flow $2.7M-51.4% $5.5M+251.0% $1.6M-84.1% $9.8M+121.7% $4.4M+62.8% $2.7M-77.3% $11.9M+484.9% $2.0M
Capital Expenditures $617K+39.0% $444K-19.6% $552K-2.0% $563K-11.8% $638K+38.4% $461K+146.5% $187K-70.7% $638K
Free Cash Flow $2.0M-59.4% $5.0M+399.9% $1.0M-89.1% $9.2M+144.3% $3.8M+67.9% $2.2M-80.9% $11.7M+737.9% $1.4M
Investing Cash Flow -$617K-39.0% -$444K+19.6% -$552K+2.0% -$563K+11.8% -$638K-38.4% -$461K-146.5% -$187K+70.7% -$638K
Financing Cash Flow -$3.4M0.0% -$3.4M0.0% -$3.4M0.0% -$3.4M-3.0% -$3.3M0.0% -$3.3M0.0% -$3.3M0.0% -$3.3M
Dividends Paid $3.4M0.0% $3.4M0.0% $3.4M0.0% $3.4M+3.0% $3.3M0.0% $3.3M0.0% $3.3M0.0% $3.3M
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

OFLX Financial Ratios

Metric Q3'25 Q2'25 Q1'25 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23
Gross Margin 60.2%-0.2pp 60.4%+0.1pp 60.3%-1.2pp 61.5%-0.3pp 61.8%+1.9pp 59.9%-0.5pp 60.4%-1.3pp 61.6%
Operating Margin 17.3%-1.2pp 18.5%+1.1pp 17.4%-4.0pp 21.4%-0.1pp 21.5%+1.4pp 20.1%-1.7pp 21.7%-3.2pp 24.9%
Net Margin 15.2%-1.1pp 16.3%+1.0pp 15.3%-2.1pp 17.4%-0.9pp 18.3%+1.5pp 16.7%-0.6pp 17.4%-2.9pp 20.3%
Return on Equity 4.4%-0.6pp 5.0%+0.7pp 4.3%-1.3pp 5.6%+0.1pp 5.6%+0.3pp 5.3%-0.9pp 6.2%-1.0pp 7.2%
Return on Assets 3.5%-0.5pp 4.0%+0.6pp 3.5%-1.0pp 4.4%-0.1pp 4.5%+0.3pp 4.3%-0.6pp 4.9%-0.9pp 5.8%
Current Ratio 5.61-0.2 5.84+0.2 5.60+0.8 4.80-0.9 5.69+0.3 5.37+0.9 4.43-0.5 4.97
Debt-to-Equity 0.23+0.0 0.22-0.0 0.23-0.0 0.27+0.0 0.23-0.0 0.25-0.0 0.27+0.0 0.24
FCF Margin 8.4%-11.2pp 19.6%+15.3pp 4.3%-29.8pp 34.1%+18.8pp 15.3%+6.4pp 8.9%-32.8pp 41.7%+36.6pp 5.1%

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Frequently Asked Questions

What is Omega Flex's annual revenue?

Omega Flex (OFLX) reported $101.7M in total revenue for fiscal year 2024. This represents a -8.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Omega Flex's revenue growing?

Omega Flex (OFLX) revenue declined by 8.8% year-over-year, from $111.5M to $101.7M in fiscal year 2024.

Is Omega Flex profitable?

Yes, Omega Flex (OFLX) reported a net income of $18.0M in fiscal year 2024, with a net profit margin of 17.7%.

What is Omega Flex's earnings per share (EPS)?

Omega Flex (OFLX) reported diluted earnings per share of $1.78 for fiscal year 2024. This represents a -13.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Omega Flex's EBITDA?

Omega Flex (OFLX) had EBITDA of $22.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

What is Omega Flex's gross margin?

Omega Flex (OFLX) had a gross margin of 61.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Omega Flex's operating margin?

Omega Flex (OFLX) had an operating margin of 21.2% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Omega Flex's net profit margin?

Omega Flex (OFLX) had a net profit margin of 17.7% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does Omega Flex pay dividends?

Yes, Omega Flex (OFLX) paid $1.35 per share in dividends during fiscal year 2024.

What is Omega Flex's return on equity (ROE)?

Omega Flex (OFLX) has a return on equity of 21.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Omega Flex's free cash flow?

Omega Flex (OFLX) generated $18.9M in free cash flow during fiscal year 2024. This represents a -13.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Omega Flex's operating cash flow?

Omega Flex (OFLX) generated $20.9M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Omega Flex's total assets?

Omega Flex (OFLX) had $105.9M in total assets as of fiscal year 2024, including both current and long-term assets.

What are Omega Flex's capital expenditures?

Omega Flex (OFLX) invested $2.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How much does Omega Flex spend on research and development?

Omega Flex (OFLX) invested $301K in research and development during fiscal year 2024.

How many shares does Omega Flex have outstanding?

Omega Flex (OFLX) had 10M shares outstanding as of fiscal year 2024.

What is Omega Flex's current ratio?

Omega Flex (OFLX) had a current ratio of 4.80 as of fiscal year 2024, which is generally considered healthy.

What is Omega Flex's debt-to-equity ratio?

Omega Flex (OFLX) had a debt-to-equity ratio of 0.27 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Omega Flex's return on assets (ROA)?

Omega Flex (OFLX) had a return on assets of 17.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Omega Flex's Altman Z-Score?

Omega Flex (OFLX) has an Altman Z-Score of 13.07, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Omega Flex's Piotroski F-Score?

Omega Flex (OFLX) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Omega Flex's earnings high quality?

Omega Flex (OFLX) has an earnings quality ratio of 1.16x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Omega Flex cover its interest payments?

Omega Flex (OFLX) has an interest coverage ratio of 9.5x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Omega Flex?

Omega Flex (OFLX) scores 80 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.