Omega Flex, Inc.

NasdaqGM OFLX

Omega Flex, Inc. Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2024: 22.71%

Omega Flex, Inc. Return on Equity (ROE) is 22.71% for the Trailing 12 Months (TTM) ending September 30, 2024, a -23.68% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Omega Flex, Inc. Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2023 was 29.76%, a -24.03% change year over year.
Omega Flex, Inc. Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2022 was 39.18%, a -22.40% change year over year.
Omega Flex, Inc. Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2021 was 50.49%, a 8.48% change year over year.
Omega Flex, Inc. Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2020 was 46.54%, a 80.65% change year over year.

Key data

Date	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio

NasdaqGM: OFLX

Omega Flex, Inc.

CEO	Mr. Dean W. Rivest
IPO Date	Aug. 1, 2005
Location	United States
Headquarters	451 Creamery Way
Employees	168
Sector	Energy
Industries Oil & Gas

Description

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 products through independent sales representatives, distributors, original equipment manufacturers, and direct sales, as well as through its website. The company was formerly known as Tofle America, Inc. and changed its name to Omega Flex, Inc. in 1996. Omega Flex, Inc. was incorporated in 1975 and is based in Exton, Pennsylvania.

Key trends

Past 5 years