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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 | 26.4% | -11.2% | -12.1% |
| 2022 | $125M | $32M | $24M | $14M | 33.3% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 125.49 | 111.46 | 101.68 | 98.30 |
| Operating Revenue | - | 125.49 | 111.46 | 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 |
| Research And Development | - | 4.73 | 3.87 | 4.07 | 5.04 |
| Selling General And Administration | - | 42.56 | 38.70 | 36.62 | 37.03 |
| Total Expenses | - | 94.47 | 85.67 | 80.11 | 81.36 |
| Operating Income | - | 31.02 | 25.80 | 21.57 | 16.93 |
| Total Operating Income As Reported | - | 31.02 | 25.80 | 21.57 | 16.93 |
| EBITDA | - | 32.11 | 26.90 | 22.83 | 18.29 |
| Normalized EBITDA | - | 32.11 | 26.90 | 22.83 | 18.29 |
| EBIT | - | 31.02 | 25.80 | 21.57 | 16.93 |
| Interest Income | - | 0.17 | 1.70 | 2.28 | 1.99 |
| Net Interest Income | - | 0.17 | 1.70 | 2.28 | 1.99 |
| Other Non Operating Income Expenses | - | -0.21 | 0.05 | -0.23 | 0.33 |
| Other Income Expense | - | -0.21 | 0.05 | -0.23 | 0.33 |
| Interest Income Non Operating | - | 0.17 | 1.70 | 2.28 | 1.99 |
| Net Non Operating Interest Income Expense | - | 0.17 | 1.70 | 2.28 | 1.99 |
| Pretax Income | - | 30.98 | 27.54 | 23.62 | 19.25 |
| Tax Provision | - | 7.33 | 6.82 | 5.71 | 4.67 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 23.65 | 20.72 | 17.92 | 14.58 |
| Net Income From Continuing And Discontinued Operation | - | 23.62 | 20.76 | 18.01 | 14.83 |
| Net Income From Continuing Operation Net Minority Interest | - | 23.62 | 20.76 | 18.01 | 14.83 |
| Net Income | - | 23.62 | 20.76 | 18.01 | 14.83 |
| Net Income Common Stockholders | - | 23.62 | 20.76 | 18.01 | 14.83 |
| Net Income Including Noncontrolling Interests | - | 23.65 | 20.72 | 17.92 | 14.58 |
| Normalized Income | - | 23.62 | 20.76 | 18.01 | 14.83 |
| Diluted NI Availto Com Stockholders | - | 23.62 | 20.76 | 18.01 | 14.83 |
| Basic Average Shares | - | 10.09 | 10.09 | 10.09 | 10.09 |
| Diluted Average Shares | - | 10.09 | 10.09 | 10.09 | 10.09 |
| Reconciled Depreciation | - | 1.10 | 1.10 | 1.25 | 1.36 |
| Reconciled Cost Of Revenue | - | 47.18 | 43.10 | 39.42 | 39.29 |
| Minority Interests | - | -0.03 | 0.04 | 0.10 | 0.24 |
| General And Administrative Expense | - | 20.62 | 17.70 | 16.08 | 16.30 |
| Other Gand A | - | 20.62 | 17.70 | 16.08 | 16.30 |
| Total Other Finance Cost | -0.04 | -0.17 | - | - | - |
| Selling And Marketing Expense | - | 21.93 | 20.99 | 20.54 | 20.73 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Omega Flex, Inc.this co. | OFLX | $304M | 20.51↑ premium | 3.61 | 17.6% | 13.97 |
| Wabash National Corporation | WNC | $326M | 1.54 | 0.89 | 57.6% | 2.07 |
| SBC Medical Group Holdings Incorporated | SBC | $314M | 6.16 | 1.26 | 20.5% | 2.38 |
| Public Policy Holding Company, Inc. | PPHC | $306M | -7.83 | 4.08 | -52.1% | -18.14 |
| AerSale Corporation | ASLE | $300M |
| - |
| - |
| - |
| - |
| 34.99 |
| 0.71 |
| 2.0% |
| 12.35 |
| CompX International Inc. | CIX | $298M | 15.30 | 2.15 | 14.1% | 9.29 |
| NL Industries, Inc. | NL | $296M | -7.83 | 0.83 | -10.5% | -3.96 |
| AIRO Group Holdings, Inc. | AIRO | $295M | -71.79 | 0.40 | -0.6% | 8.94 |
| Energy Services of America Corporation | ESOA | $288M | 757.77 | 4.86 | 0.6% | 20.45 |
| Peer Median | - | 3.85 | 1.08 | 1.3% | 5.66 | |