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Omega Flex, Inc. manufactures and sells flexible metal hoses, fittings, and accessories in the United States, Canada, and internationally. It offers flexible gas piping for use in residential and commercial buildings; fittings; containment pining; and corrugated copper 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 CSST, CounterStrike CSST, 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, wholesalers, 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.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $98M | $18M | $15M | $15M | 17.6% | -3.3% | -17.7% |
| 2024 | $102M | $23M | $18M | $19M | 21.7% | -8.8% | -13.2% |
| 2023 | $111M | $27M | $21M | $22M | 26.3% | -11.2% | -12.1% |
| 2022 | $125M | $32M | $24M | $14M | 33.2% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 125.49 | 111.47 | 101.68 | 98.30 |
| Cost Of Revenue | 47.18 | 43.10 | 39.42 | 39.29 |
| Gross Profit | 78.31 | 68.36 | 62.26 | 59 |
| Operating Expense | 47.29 | 42.57 | 40.69 | 42.07 |
| Operating Income | 31.02 | 25.80 | 21.57 | 16.93 |
| EBITDA | 32.11 | 26.90 | 22.83 | 18.29 |
| EBIT | 31.02 | 25.80 | 21.57 | 16.93 |
| Pretax Income | 30.98 | 27.55 | 23.62 | 19.25 |
| Tax Provision | 7.33 | 6.83 | 5.71 | 4.67 |
| Net Income | 23.62 | 20.76 | 18.01 | 14.83 |
| Net Income Common Stockholders | 23.62 | 20.76 | 18.01 | 14.83 |
| Total Expenses | 94.47 | 85.67 | 80.11 | 81.36 |
| Interest Income | 0.17 | 1.70 | 2.28 | 1.99 |
| Research And Development | 4.73 | 3.87 | 4.07 | 5.04 |
| Selling General And Administration | 42.56 | 38.70 | 36.62 | 37.03 |
| Normalized EBITDA | 32.11 | 26.90 | 22.83 | 18.29 |
| Normalized Income | 23.62 | 20.76 | 18.01 | 14.83 |
| Basic EPS | 2.34 | 2.06 | 1.78 | 0 |
| Diluted EPS | 2.34 | 2.06 | 1.78 | 0 |
| Tax Effect Of Unusual Items | 0 | 0 | 0 | 0 |
| Tax Rate For Calcs | 0.24 | 0.25 | 0.24 | 0.24 |
| Net Income From Continuing Operation Net Minority Interest | 23.62 | 20.76 | 18.01 | 14.83 |
| Reconciled Depreciation | 1.10 | 1.10 | 1.25 | 1.36 |
| Reconciled Cost Of Revenue | 47.18 | 43.10 | 39.42 | 39.29 |
| Net Interest Income | 0.17 | 1.70 | 2.28 | 1.99 |
| Net Income From Continuing And Discontinued Operation | 23.62 | 20.76 | 18.01 | 14.83 |
| Total Operating Income As Reported | 31.02 | 25.80 | 21.57 | 16.93 |
| Diluted Average Shares | 10.09 | 10.09 | 10.09 | 0 |
| Basic Average Shares | 10.09 | 10.09 | 10.09 | 0 |
| Diluted NI Availto Com Stockholders | 23.62 | 20.76 | 18.01 | 14.83 |
| Minority Interests | -0.03 | 0.04 | 0.10 | 0.24 |
| Net Income Including Noncontrolling Interests | 23.65 | 20.72 | 17.91 | 14.58 |
| Net Income Continuous Operations | 23.65 | 20.72 | 17.91 | 14.58 |
| Other Income Expense | -0.21 | 0.05 | -0.23 | 0.33 |
| Other Non Operating Income Expenses | -0.21 | 0.05 | -0.23 | 0.33 |
| Net Non Operating Interest Income Expense | 0.17 | 1.70 | 2.28 | 1.99 |
| Total Other Finance Cost | -0.17 | 0 | 0 | 0 |
| Interest Income Non Operating | 0.17 | 1.70 | 2.28 | 1.99 |
| Selling And Marketing Expense | 21.93 | 20.99 | 20.54 | 20.73 |
| General And Administrative Expense | 20.62 | 17.70 | 16.09 | 16.30 |
| Other Gand A | 20.62 | 17.70 | 16.09 | 16.30 |
| Operating Revenue | 125.49 | 111.47 | 101.68 | 98.30 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Omega Flex, Inc.this co. | OFLX | $339M | 22.82↑ premium | 4.02 | 17.6% | 15.85 |
| Quad/Graphics, Inc. | QUAD | $366M | 12.09 | 2.77 | 21.0% | 4.30 |
| Matrix Service Company | MTRX | $363M | - | 2.64 | -20.6% | -20.87 |
| Kelly Services, Inc. | KELYA | $351M | - | 0.34 | -26.0% | 4.73 |
| Wabash National Corporation | WNC | $339M | 1.64 |
| 0.92 |
| 57.4% |
| 2.07 |
| SBC Medical Group Holdings Incorporated | SBC | $339M | 6.60 | 1.36 | 19.4% | 3.44 |
| Tredegar Corporation | TG | $327M | 13.67 | 1.48 | 15.5% | 6.25 |
| L.B. Foster Company | FSTR | $320M | 44.36 | 1.77 | 4.3% | 10.12 |
| AerSale Corporation | ASLE | $313M | 36.83 | 0.74 | 2.0% | 12.77 |
| Peer Median | - | 12.88 | 1.42 | 9.9% | 4.52 | |