NASDAQ : OFLX
Omega Flex, Inc. — Financial statements
Industrials · Specialty Industrial Machinery · United States
Last price 26.44 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 266.89M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Omega Flex, Inc. (OFLX) reported revenue of 98.05M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 98.05M | 98.30M | 101.68M | 111.47M | 125.49M | 130.01M |
| Cost of Revenue | 43.56M | 39.29M | 39.42M | 43.10M | 47.18M | 48.48M |
| Gross Profit | 54.49M | 59.00M | 62.26M | 68.36M | 78.31M | 81.53M |
| Selling, General & Admin | 37.26M | 37.03M | 36.62M | 38.70M | 42.56M | 41.86M |
| Research & Development | 5.31M | 5.04M | 4.07M | 3.87M | 4.73M | 4.61M |
| Operating Expenses | 42.58M | 42.07M | 40.69M | 42.57M | 47.29M | 46.47M |
| Operating Income | 11.92M | 16.93M | 21.57M | 25.80M | 31.02M | 35.06M |
| Interest & Investment Income | 1.76M | 1.99M | 2.28M | 1.70M | 174.00K | 35.00K |
| Currency Exchange Gain (Loss) | -95.00K | 331.00K | -227.00K | 46.00K | -211.00K | 21.00K |
| Pretax Income | 13.68M | 19.25M | 23.62M | 27.55M | 30.98M | 35.12M |
| Income Tax Expense | 3.44M | 4.67M | 5.71M | 6.83M | 7.33M | 8.86M |
| Earnings From Continuing Operations | 10.24M | 14.58M | 17.91M | 20.72M | 23.65M | 26.26M |
| Minority Interest in Earnings | 286.00K | 243.00K | 99.00K | 43.00K | -30.00K | -61.00K |
| Net Income | 10.53M | 14.83M | 18.01M | 20.76M | 23.62M | 26.20M |
| Net Income to Common | 10.53M | 14.83M | 18.01M | 20.76M | 23.62M | 26.20M |
| Shares Outstanding (Basic) | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M |
| Shares Outstanding (Diluted) | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M |
| EPS (Basic) | 1.04 | 1.47 | 1.78 | 2.06 | 2.34 | 2.60 |
| EPS (Diluted) | 1.04 | 1.47 | 1.78 | 2.06 | 2.34 | 2.60 |
| Free Cash Flow | 7.08M | 15.35M | 18.85M | 21.78M | 14.30M | 24.18M |
| Free Cash Flow Per Share | 0.70 | 1.52 | 1.87 | 2.16 | 1.42 | 2.40 |
| Dividend Per Share | 1.36 | 1.36 | 1.35 | 1.31 | 1.26 | 1.18 |
| Gross Margin | 55.58% | 60.02% | 61.23% | 61.33% | 62.40% | 62.71% |
| Operating Margin | 12.15% | 17.22% | 21.21% | 23.14% | 24.72% | 26.97% |
| Profit Margin | 10.73% | 15.08% | 17.72% | 18.63% | 18.82% | 20.15% |
| Free Cash Flow Margin | 7.22% | 15.62% | 18.54% | 19.54% | 11.40% | 18.60% |
| EBITDA | 13.31M | 18.29M | 22.83M | 26.90M | 32.11M | 36.08M |
| EBITDA Margin | 13.58% | 18.61% | 22.45% | 24.13% | 25.59% | 27.75% |
| D&A For EBITDA | 1.39M | 1.36M | 1.25M | 1.10M | 1.10M | 1.02M |
| EBIT | 11.92M | 16.93M | 21.57M | 25.80M | 31.02M | 35.06M |
| EBIT Margin | 12.15% | 17.22% | 21.21% | 23.14% | 24.72% | 26.97% |
| Effective Tax Rate | 25.16% | 24.24% | 24.16% | 24.78% | 23.65% | 25.24% |
| Advertising Expenses | 1.02M | 900.00K | 913.00K | 976.00K | 877.00K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 42.82M | 53.23M | 51.70M | 46.36M | 37.70M | 32.91M |
| Cash & Short-Term Investments | 42.82M | 53.23M | 51.70M | 46.36M | 37.70M | 32.91M |
| Receivables | 15.87M | 13.66M | 14.38M | 15.36M | 17.50M | 20.73M |
| Inventory | 17.07M | 13.40M | 14.56M | 15.60M | 17.76M | 15.56M |
| Other Current Assets | 2.88M | 2.73M | 2.98M | 2.87M | 2.79M | 2.53M |
| Total Current Assets | 78.65M | 83.02M | 83.62M | 80.19M | 75.75M | 71.74M |
| Property, Plant & Equipment | 14.40M | 14.60M | 14.64M | 11.89M | 11.61M | 11.94M |
| Goodwill | 3.53M | 3.53M | 3.53M | 3.53M | 3.53M | 3.53M |
| Long-Term Deferred Tax Assets | 818.00K | 595.00K | 365.00K | 189.00K | 923.00K | 7.00K |
| Other Long-Term Assets | 2.71M | 3.22M | 3.73M | 4.44M | 5.87M | 1.70M |
| Total Assets | 100.11M | 104.95M | 105.89M | 100.23M | 97.68M | 88.92M |
| Accounts Payable | 2.26M | 2.53M | 2.66M | 2.09M | 2.29M | 3.35M |
| Accrued Expenses | 4.86M | 5.21M | 6.00M | 7.88M | 9.49M | 15.39M |
| Current Portion of Leases | 731.00K | 771.00K | 712.00K | 454.00K | 447.00K | 383.00K |
| Current Income Taxes Payable | 710.00K | 190.00K | 109.00K | 1.00K | ||
| Other Current Liabilities | 6.82M | 7.45M | 7.35M | 7.47M | 10.05M | 3.66M |
| Total Current Liabilities | 14.67M | 15.96M | 17.44M | 18.08M | 22.39M | 22.79M |
| Long-Term Leases | 3.62M | 3.99M | 4.57M | 2.49M | 2.76M | 2.99M |
| Pension & Post-Retirement Benefits | 216.00K | 240.00K | 255.00K | 278.00K | 309.00K | 399.00K |
| Long-Term Deferred Tax Liabilities | 559.00K | 422.00K | 181.00K | 6.00K | 427.00K | |
| Other Long-Term Liabilities | 387.00K | 340.00K | 270.00K | 530.00K | 1.05M | 1.76M |
| Total Liabilities | 19.45M | 20.95M | 22.71M | 21.38M | 26.51M | 28.37M |
| Common Stock | 102.00K | 102.00K | 102.00K | 102.00K | 102.00K | 102.00K |
| Additional Paid-In Capital | 11.02M | 11.04M | 11.03M | 11.03M | 11.03M | 11.03M |
| Retained Earnings | 70.79M | 73.98M | 72.88M | 68.49M | 60.95M | 50.05M |
| Treasury Stock | -1.00K | -1.00K | -1.00K | -1.00K | -1.00K | -1.00K |
| Comprehensive Income & Other | -903.00K | -933.00K | -892.00K | -930.00K | -1.10M | -827.00K |
| Total Common Equity | 81.01M | 84.19M | 83.11M | 78.69M | 70.98M | 60.35M |
| Minority Interest | -346.00K | -178.00K | 67.00K | 163.00K | 196.00K | 189.00K |
| Shareholders' Equity | 80.66M | 84.01M | 83.18M | 78.85M | 71.17M | 60.54M |
| Total Liabilities & Equity | 100.11M | 104.95M | 105.89M | 100.23M | 97.68M | 88.92M |
| Total Debt | 4.35M | 4.76M | 5.28M | 2.95M | 3.21M | 3.37M |
| Net Cash (Debt) | 38.48M | 48.47M | 46.42M | 43.41M | 34.49M | 29.54M |
| Net Cash Per Share | 3.81 | 4.80 | 4.60 | 4.30 | 3.42 | 2.93 |
| Filing Date Shares Outstanding | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M |
| Total Common Shares Outstanding | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M | 10.09M |
| Working Capital | 63.98M | 67.06M | 66.18M | 62.11M | 53.37M | 48.94M |
| Book Value Per Share | 8.03 | 8.34 | 8.23 | 7.80 | 7.03 | 5.98 |
| Tangible Book Value | 77.48M | 80.66M | 79.59M | 75.16M | 67.45M | 56.83M |
| Tangible Book Value Per Share | 7.68 | 7.99 | 7.88 | 7.45 | 6.68 | 5.63 |
| Land | 1.21M | 1.21M | 1.21M | 1.21M | 1.21M | |
| Buildings | 7.07M | 6.93M | 6.64M | 6.64M | 6.64M | |
| Machinery | 20.03M | 18.28M | 17.14M | 15.45M | 14.62M | |
| Leasehold Improvements | 971.00K | 960.00K | 403.00K | 396.00K | 412.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 10.53M | 14.83M | 18.01M | 20.76M | 23.62M | 26.20M |
| Depreciation & Amortization | 1.39M | 1.36M | 1.25M | 1.10M | 1.10M | 1.02M |
| Stock-Based Compensation | 224.00K | 169.00K | 54.00K | 292.00K | 156.00K | 506.00K |
| Provision & Write-off of Bad Debts | -115.00K | -9.00K | -259.00K | 5.00K | -301.00K | 286.00K |
| Other Operating Activities | 457.00K | 365.00K | 842.00K | 2.25M | -735.00K | 795.00K |
| Change in Accounts Receivable | -1.35M | 767.00K | 1.23M | 2.18M | 3.40M | -943.00K |
| Change in Inventory | -3.12M | 1.37M | 829.00K | 1.23M | -2.58M | -4.18M |
| Change in Accounts Payable | 189.00K | -143.00K | 574.00K | -205.00K | -1.00M | 894.00K |
| Change in Other Net Operating Assets | 366.00K | -1.53M | -1.68M | -4.20M | -8.41M | 581.00K |
| Operating Cash Flow | 8.48M | 17.17M | 20.86M | 23.42M | 15.25M | 25.15M |
| Capital Expenditures | -1.40M | -1.82M | -2.01M | -1.64M | -942.00K | -971.00K |
| Investing Cash Flow | -1.35M | -1.82M | -2.01M | -1.64M | -942.00K | -971.00K |
| Common Dividends Paid | -13.73M | -13.73M | -13.53M | -13.12M | -9.49M | -14.87M |
| Financing Cash Flow | -13.73M | -13.73M | -13.53M | -13.12M | -9.49M | -14.87M |
| Foreign Exchange Rate Adjustments | 55.00K | -95.00K | 19.00K | -3.00K | -25.00K | -31.00K |
| Net Cash Flow | -6.54M | 1.53M | 5.34M | 8.65M | 4.79M | 9.28M |
| Free Cash Flow | 7.08M | 15.35M | 18.85M | 21.78M | 14.30M | 24.18M |
| Free Cash Flow Margin | 7.22% | 15.62% | 18.54% | 19.54% | 11.40% | 18.60% |
| Free Cash Flow Per Share | 0.70 | 1.52 | 1.87 | 2.16 | 1.42 | 2.40 |
| Levered Free Cash Flow | 4.22M | 10.87M | 13.79M | 15.78M | 20.00M | 18.16M |
| Unlevered Free Cash Flow | 4.22M | 10.87M | 13.79M | 15.78M | 20.00M | 18.16M |
| Cash Income Tax Paid | 3.07M | 5.83M | 5.54M | 6.06M | 8.68M | 9.60M |
| Change in Working Capital | -3.91M | 458.00K | 951.00K | -991.00K | -8.59M | -3.65M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 274.06M | 297.18M | 423.66M | 711.75M | 942.00M | 1.28B |
| Enterprise Value | 235.59M | 252.65M | 383.55M | 676.91M | 914.71M | 1.26B |
| Last Close Price | 26.34 | 28.43 | 38.86 | 63.59 | 82.97 | 111.55 |
| PE Ratio | 26.04 | 20.04 | 23.52 | 34.28 | 39.88 | 48.92 |
| PS Ratio | 2.71 | 3.02 | 4.17 | 6.38 | 7.51 | 9.86 |
| PB Ratio | 3.28 | 3.54 | 5.09 | 9.03 | 13.23 | 21.17 |
| P/TBV Ratio | 3.43 | 3.68 | 5.32 | 9.47 | 13.97 | 22.55 |
| P/FCF Ratio | 37.56 | 19.36 | 22.47 | 32.68 | 65.86 | 53.00 |
| P/OCF Ratio | 31.37 | 17.30 | 20.31 | 30.39 | 61.79 | 50.95 |
| EV/Sales Ratio | 2.32 | 2.57 | 3.77 | 6.07 | 7.29 | 9.68 |
| EV/EBITDA Ratio | 17.08 | 13.81 | 16.80 | 25.17 | 28.48 | 34.86 |
| EV/EBIT Ratio | 19.08 | 14.92 | 17.78 | 26.24 | 29.49 | 35.88 |
| EV/FCF Ratio | 32.13 | 16.46 | 20.35 | 31.08 | 63.95 | 52.03 |
| Debt / Equity Ratio | 0.05 | 0.06 | 0.06 | 0.04 | 0.04 | 0.06 |
| Debt / EBITDA Ratio | 0.30 | 0.25 | 0.22 | 0.11 | 0.10 | 0.09 |
| Debt / FCF Ratio | 0.61 | 0.31 | 0.28 | 0.14 | 0.22 | 0.14 |
| Net Debt / Equity Ratio | -0.48 | -0.58 | -0.56 | -0.55 | -0.48 | -0.49 |
| Net Debt / EBITDA Ratio | -2.89 | -2.65 | -2.03 | -1.61 | -1.07 | -0.82 |
| Net Debt / FCF Ratio | -5.44 | -3.16 | -2.46 | -1.99 | -2.41 | -1.22 |
| Asset Turnover | 0.96 | 0.93 | 0.99 | 1.13 | 1.34 | 1.62 |
| Inventory Turnover | 2.78 | 2.81 | 2.61 | 2.58 | 2.83 | 3.58 |
| Quick Ratio | 4.00 | 4.19 | 3.79 | 3.41 | 2.47 | 2.35 |
| Current Ratio | 5.36 | 5.20 | 4.79 | 4.43 | 3.38 | 3.15 |
| Return on Equity (ROE) | 12.43% | 17.45% | 22.11% | 27.62% | 35.91% | 49.11% |
| Return on Assets (ROA) | 7.30% | 10.04% | 13.08% | 16.29% | 20.78% | 27.31% |
| Return on Invested Capital (ROIC) | 22.13% | 35.48% | 45.32% | 53.82% | 69.98% | 96.65% |
| Return on Capital Employed (ROCE) | 13.90% | 19.00% | 24.40% | 31.40% | 41.20% | 53.00% |
| Earnings Yield | 3.84% | 4.99% | 4.25% | 2.92% | 2.51% | 2.04% |
| FCF Yield | 2.66% | 5.17% | 4.45% | 3.06% | 1.52% | 1.89% |
| Dividend Yield | 5.16% | 4.62% | 3.22% | 1.86% | 1.35% | 0.93% |
| Payout Ratio | 130.42% | 92.59% | 75.09% | 63.21% | 40.17% | 56.76% |
| Total Shareholder Return | 5.16% | 4.62% | 3.22% | 1.86% | 1.35% | 0.93% |