Omega Flex, Inc. Gross Margin

Gross Margin of OFLX for past 10 years: annual, quarterly and twelve month trailing (TTM) including Gross Margin growth rates and interactive chart. Gross profit margin shows the percentage of revenue that exceeds a company's costs of goods sold. It illustrates how well a company is generating revenue from the costs involved in producing their products and services. The higher the margin, the more effective the company's management is in generating revenue for each dollar of cost. Gross profit margin is calculated by subtracting the cost of goods sold from total revenue for the period and dividing that number by revenue. If a company has $200 million in revenue and $80 million in cost of goods sold, the gross margin is 60%.


Highlights and Quick Summary

  • Gross Margin for the quarter ending March 30, 2021 was 63.37% (a 4.71% increase compared to previous quarter)
  • Year-over-year quarterly Gross Margin increased by 12.94%
  • Annual Gross Margin for 2020 was 59.72% (a -0.68% decrease from previous year)
  • Annual Gross Margin for 2019 was 60.13% (a 3.69% increase from previous year)
  • Annual Gross Margin for 2018 was 57.99% (a -0.62% decrease from previous year)
  • Twelve month Gross Margin ending March 30, 2021 was 60.38% (a 2.46% increase compared to previous quarter)
  • Twelve month trailing Gross Margin decreased by -0.61% year-over-year
Trailing Gross Margin for the last four month:
30 Mar '21 30 Dec '20 29 Sep '20 29 Jun '20
60.38% 58.93% 59.97% 60.75%
Visit stockrow.com/OFLX for comprehensive keystats, realtime prices, income statement, balance sheet, cash flow statement with 10 years of data, and state-of-the-art screener.

Historical Gross Margin of Omega Flex, Inc.

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

Interactive Chart of Gross Margin of Omega Flex, Inc.

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

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 63.37%
2020 60.52% 60.25% 56.11% 57.98% 59.72%
2019 64.24% 63.16% 62.43% 63.26% 60.13%
2018 63.39% 60.84% 60.39% 59.19% 57.99%
2017 62.19% 61.02% 59.41% 59.89% 58.35%
2016 62.11% 61.72% 61.61% 60.56% 59.0%
2015 61.78% 62.25% 61.65% 59.08% 61.26%
2014 60.1% 60.06% 57.64% 55.93% 58.7%
2013 55.32% 54.93% 54.1% 52.5% 54.32%
2012 52.63% 51.77% 49.71% 51.24% 51.44%
2011 51.16% 50.81% 50.92% 51.78% 51.14%
2010 51.66% 49.12% 51.69% 51.84%

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.