Omega Flex, Inc.

Omega Flex, Inc.verified

OFLX

Price:

$49

Market Cap:

$494.62M

Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in North America and internationally. It offers flexible gas piping for use in residential and commercial buildings, as well as its fittings; and corrugated medical tubing for use in hospitals, ambulatory care centers, dental, physician and veterinary clinics, laboratories, and other facilities. The company sells its products under the TracPipe, CounterStrike, AutoSnap, AutoFlare, DoubleTrac, DEF-Trac, and MediTrac brand names. It serves various markets, including construction, manufacturing, transportation, petrochemical, pharmaceutical, and other industries. The company sells its p...[Read more]

Industry

Industrial - Machinery

IPO Date

2005-08-01

Stock Exchange

NASDAQ

Ticker

OFLX

The ROE as of October 2024 (TTM) for Omega Flex, Inc. (OFLX) is 24.29%

According to Omega Flex, Inc.’s latest financial reports and current stock price. The company's current ROE is 24.29%. This represents a change of 299.24% compared to the average of 6.08% of the last 4 quarters.

Omega Flex, Inc. (OFLX) Historical ROE (quarterly & annually)

How has OFLX ROE performed in the past?

The mean historical ROE of Omega Flex, Inc. over the last ten years is 36.11%. The current 24.29% ROE has changed -32.73% with respect to the historical average. Over the past ten years (40 quarters), OFLX's ROE was at its highest in in the December 2020 quarter at 15.56%. The ROE was at its lowest in in the September 2019 quarter at 4.83%.

Quarterly (TTM)
Annual

Average

36.11%

Median

35.95%

Minimum

26.39%

Maximum

46.24%

Omega Flex, Inc. (OFLX) ROE by Quarter and Year

Discovering the peaks and valleys of Omega Flex, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 51.70%

Maximum Annual ROE = 46.24%

Minimum Annual Increase = -23.32%

Minimum Annual ROE = 26.39%

Quarterly (TTM)
Annual
YearROEChange
202326.39%-20.72%
202233.28%-23.32%
202143.40%0.53%
202043.17%-6.64%
201946.24%51.70%
201830.48%7.93%
201728.24%-10.27%
201631.47%-18.50%
201538.62%-2.87%
201439.76%1.05%

Omega Flex, Inc. (OFLX) Average ROE

How has OFLX ROE performed in the past?

The current ROE of Omega Flex, Inc. (OFLX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

34.36%

5-year avg

38.50%

10-year avg

36.11%

Omega Flex, Inc. (OFLX) ROE vs. Peers

How is OFLX’s ROE compared to its peers?

Omega Flex, Inc.’s ROE is less than Helios Technologies, Inc. (3.47%), less than EnPro Industries, Inc. (2.22%), greater than Luxfer Holdings PLC (-2.35%), greater than Hurco Companies, Inc. (-5.87%), less than Enerpac Tool Group Corp. (24.74%), less than The Gorman-Rupp Company (9.70%), less than Graham Corporation (4.67%), less than Kadant Inc. (14.75%), less than Tennant Company (18.67%), less than Franklin Electric Co., Inc. (15.60%), greater than CIRCOR International, Inc. (-2.24%), less than John Bean Technologies Corporation (41.02%), less than Donaldson Company, Inc. (29.13%),

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