OverviewSuggest Edit

Omega Flex is a manufacturer of flexible metal hose. The Company is engaged in a range of different markets, including construction, manufacturing, transportation, petrochemical, pharmaceutical and other industries. Omega Flex's primary product, flexible gas piping, is used for gas piping within residential and commercial buildings.

TypePublic
Founded1975
HQExton, US
Websiteomegaflex.com

Latest Updates

Employees (est.) (Feb 2019)142
Revenue (FY, 2018)$108.3 M(+7%)
Share Price (Mar 2019)$78.3

Omega Flex Office Locations

Omega Flex has an office in Exton
Exton, US (HQ)
451 Creamery Way
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Omega Flex Financials and Metrics

Omega Flex Revenue

Omega Flex's revenue was reported to be $108.31 m in FY, 2018
USD

Revenue (FY, 2018)

108.3m

Gross profit (FY, 2018)

66.1m

Gross profit margin (FY, 2018), %

61%

Net income (FY, 2018)

20.3m

EBIT (FY, 2018)

26.4m

Market capitalization (13-Mar-2019)

789.7m

Closing stock price (13-Mar-2019)

78.3

Cash (31-Dec-2018)

32.4m
Omega Flex's current market capitalization is $789.7 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

77.1m85.2m93.3m94.1m101.8m108.3m

Revenue growth, %

10%9%1%

Cost of goods sold

36.1m36.2m40.0m42.2m

Gross profit

57.1m57.9m61.8m66.1m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

20.0m16.6m19.9m23.8m21.0m21.6m24.6m20.6m23.8m25.6m23.8m24.9m25.4m26.8m27.2m

Cost of goods sold

9.0m7.3m8.4m9.5m8.6m8.3m9.3m8.1m9.2m10.3m9.7m9.7m10.4m10.6m10.7m

Gross profit

11.0m9.3m11.5m14.3m12.4m13.3m15.3m12.5m14.7m15.3m14.1m15.2m15.0m16.2m16.5m

Gross profit Margin, %

55%56%58%60%59%62%62%61%62%60%59%61%59%60%61%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

8.3m22.6m30.2m35.3m37.9m32.4m

Accounts Receivable

13.7m16.6m552.1k

Inventories

Current Assets

30.2m45.8m56.7m59.7m63.5m73.6m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

7.0m6.9m11.1m16.1m16.5m20.4m24.2m23.5m25.4m24.0m28.6m31.6m35.6m38.5m6.4m

Accounts Receivable

12.7m11.2m11.7m15.1m12.8m13.8m15.2m13.1m14.5m

Current Assets

29.3m26.9m31.8m39.6m39.0m44.2m50.2m45.8m48.4m50.1m53.6m58.3m60.4m63.3m68.9m

PP&E

7.0m7.0m7.5m7.7m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

10.1m13.6m16.0m14.5m15.8m20.3m

Depreciation and Amortization

547.0k486.0k460.0k459.0k502.0k543.0k

Inventories

331.0k(525.0k)(1.0m)585.0k(699.0k)61.0k

Accounts Payable

(945.0k)585.0k158.0k(108.0k)251.0k205.0k
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

6.9m2.2m5.2m9.2m3.2m6.9m11.2m2.7m6.4m4.2m7.3m11.3m4.2m9.0m14.2m

Depreciation and Amortization

393.0k143.0k287.0k379.0k201.0k320.0k122.0k244.0k112.0k230.0k362.0k124.0k241.0k361.0k

Inventories

(771.0k)(1.1m)(945.0k)268.0k(142.0k)476.0k

Accounts Payable

1.4m2.0m1.4m1.3m1.6m2.1m2.0m(528.0k)(225.0k)(189.0k)(560.0k)(1.1m)(28.0k)
USDY, 2018

Revenue/Employee

757.4k

Financial Leverage

1.3 x
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Omega Flex News and Updates

Omega Flex, Inc. (OFLX) Announces Fourth Quarter 2018 Earnings

EXTON, Pa., Feb. 07, 2019 (GLOBE NEWSWIRE) -- Omega Flex (NASDAQ:OFLX) today reported its results of operations for the Fourth Quarter, 2018:

Omega Flex, Inc. Announces New Director Appointed to the Board

MIDDLETOWN, Conn., Feb. 04, 2019 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (NASDAQ: OFLX) (the “Company”) today announced that the Board of Directors appointed James M. Dubin as a director of the board of directors.  Mr. Dubin has been designated as a Class 3 director, and will have a term expiring at …

Natural Gas Pipeline 2018 Global Market Key Players -Kinder Morgan, Gastite, Enbridge, Omega Flex, Continental Industries, Northern Natural Gas -Analysis And Forecast To 2025

Natural Gas Pipeline – Global Market Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025 Posted via Industry Today. Follow us on Twitter @IndustryToday
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Omega Flex Frequently Asked Questions

  • When was Omega Flex founded?

    Omega Flex was founded in 1975.

  • How many employees does Omega Flex have?

    Omega Flex has 142 employees.

  • What is Omega Flex revenue?

    Latest Omega Flex annual revenue is $108.3 m.

  • What is Omega Flex revenue per employee?

    Latest Omega Flex revenue per employee is $762.8 k.

  • Who are Omega Flex competitors?

    Competitors of Omega Flex include Specialty Hose, United Flexible Group and JFD Tube & Coil Products.

  • Where is Omega Flex headquarters?

    Omega Flex headquarters is located at 451 Creamery Way, Exton.

  • Where are Omega Flex offices?

    Omega Flex has an office in Exton.

  • How many offices does Omega Flex have?

    Omega Flex has 1 office.