Omega Flex (Omega Flex) Net Margin % : 17.37% (As of Dec. 2023)

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What is Omega Flex Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Omega Flex's Net Income for the three months ended in Dec. 2023 was $4.9 Mil. Omega Flex's Revenue for the three months ended in Dec. 2023 was $28.1 Mil. Therefore, Omega Flex's net margin for the quarter that ended in Dec. 2023 was 17.37%.

The historical rank and industry rank for Omega Flex's Net Margin % or its related term are showing as below:

OFLX' s Net Margin % Range Over the Past 10 Years
Min: 15.29 Med: 17.76 Max: 20.15
Current: 18.63

OFLX's Net Margin % is ranked better than
91.39% of 2973 companies
in the Industrial Products industry
Industry Median: 5.21 vs OFLX: 18.63

Omega Flex Net Margin % Historical Data

The historical data trend for Omega Flex's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Omega Flex Net Margin % Chart

Omega Flex Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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15.52

18.82

20.15

18.82

18.63

Omega Flex Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															20.06	19.15	17.63	20.28	17.37

Competitive Comparison of Omega Flex's Net Margin %

For the Specialty Industrial Machinery subindustry, Omega Flex's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Omega Flex's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Omega Flex's Net Margin % distribution charts can be found below:

* The bar in red indicates where Omega Flex's Net Margin % falls into.

Omega Flex Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Omega Flex's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	20.763	/	111.465
	=	18.63 %

Omega Flex's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	4.889	/	28.147
	=	17.37 %

Omega Flex (NAS:OFLX) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Omega Flex Net Margin % Related Terms

Thank you for viewing the detailed overview of Omega Flex's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Omega Flex (Omega Flex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Omega Flex Inc (NAS:OFLX) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

451 Creamery Way, Exton, PA, USA, 19341-2509

Website

https://www.omegaflexcorp.com

Omega Flex Inc is a manufacturer of flexible metal hoses. It operates in the segment of manufacture and sale of flexible metal hose and accessories which are used for gas piping within residential and commercial buildings. Omega sells its products under the TracPipe, CounterStrike, DoubleTrac, AutoFlare, DEF-Trac, SolarTrac, and AutoSnap brands. It serves various markets which include construction, manufacturing, transportation, petrochemical, pharmaceutical, and other industries. Geographically Omega Flex, Inc operates in the United States.

Executives

Susan B. Asch	officer: General Counsel & Secretary	451 CREAMERY WAY, EXTON PA 19341
Matthew Francis Unger	officer: Vice President - CFO	C/O OMEGA FLEX, INC., 451 CREAMERY WAY, EXTON PA 19341
Dean W. Rivest	officer: President	451 CREAMERY WAY, EXTON PA 19341
Edwin B. Moran	officer: Executive Vice President	451 CREAMERY WAY, EXTON PA 19341
Timothy P. Scanlan	officer: Secretary	213 COURT STREET, MIDDLETOWN CT 06457
Mark F Albino	director, officer: COO & Exec VP	451 CREAMERY WAY, EXTON PA 19341
Stewart B Reed	director	260 NORTH ELM STREET, WESTFIELD MA 01085
Kevin R Hoben	director, 10 percent owner, officer: President	451 CREAMERY WAY, EXTON PA 19341
Derek Glanvill	director	10088 CARTERS MANOR DRIVE, LADUE MO 63124
Omega Flex, Inc.	officer: Sr. Vice President	451 CREAMERY WAY, EXTON PA 19341
James M Dubin	director	ONE MADISON PLACE, HARRISON NY 10528
Paul James Kane	officer: VP - Finance	1085 NICOLE DRIVE, NEWTOWN SQUARE PA 19073
Steven A Treichel	director	451 CREAMERY WAY, EXTON PA 19341
Reed Estate Of John E	10 percent owner	260 NORTH ELM STREET, WESTFIELD MA 01085
David K Evans	director	517 PYLON DRIVE, RALEIGH NC 27606