Omega Flex, Inc. Gross Profit

Gross Profit of OFLX for past 10 years: annual, quarterly and twelve month trailing (TTM) including Gross Profit growth rates and interactive chart. Gross profit is a company's net sales revenue minus its cost of goods sold (or cost of revenue). In other words, it is the sales revenue a company retains after incurring the direct costs associated with producing the goods it sells, and the services it provides.


Highlights and Quick Summary

  • Gross Profit for the quarter ending December 30, 2020 was $19.1 Million (a 17.27% increase compared to previous quarter)
  • Year-over-year quarterly Gross Profit increased by 30.65%
  • Annual Gross Profit for 2020 was $63.2 Million (a -5.65% decrease from previous year)
  • Annual Gross Profit for 2019 was $67 Million (a 6.61% increase from previous year)
  • Annual Gross Profit for 2018 was $62.8 Million (a 5.75% increase from previous year)
  • Twelve month Gross Profit ending December 30, 2020 was $62.4 Million (a 0.06% increase compared to previous quarter)
  • Twelve month trailing Gross Profit decreased by -8.56% year-over-year
Trailing Gross Profit for the last four month:
30 Dec '20 29 Sep '20 29 Jun '20 30 Mar '20
$62.4 Million $62.3 Million $63.7 Million $68.2 Million
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Historical Gross Profit of Omega Flex, Inc.

Most recent Gross Profitof OFLX including historical data for past 10 years.

Interactive Chart of Gross Profit of Omega Flex, Inc.

Omega Flex, Inc. Gross Profit for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $19.14 $16.32 $12.24 $14.65 $63.18
2019 $19.1 $17.7 $16.74 $16.95 $66.96
2018 $18.3 $16.55 $16.21 $15.03 $62.81
2017 $17.08 $15.21 $14.14 $15.34 $59.4
2016 $15.93 $14.78 $14.69 $12.49 $55.49
2015 $16.13 $15.29 $13.34 $12.39 $57.15
2014 $14.98 $14.32 $11.45 $9.28 $50.03
2013 $12.09 $10.98 $10.22 $8.6 $41.89
2012 $9.7 $8.69 $7.09 $7.46 $32.93
2011 $7.99 $6.96 $6.82 $5.95 $27.72
2010 $6.62 $5.72 $5.54 $24.3

Business Profile of Omega Flex, Inc.

Sector: Industrials
Industry: Specialty Industrial Machinery
Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in the United States 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.