Omega Flex, Inc. Cost of Revenue

Cost of Revenue of OFLX for past 10 years: annual, quarterly and twelve month trailing (TTM) including Cost of Revenue growth rates and interactive chart. Cost of revenue refers to the direct costs attributable to the production of the goods or supply of services by an entity. It is also commonly known as the “cost of goods sold (COGS)”. Cost of sales measures the cost of goods produced or services provided in a period by an entity. It includes the cost of the direct materials used in producing the goods, direct labor costs used to produce the good, along with any other direct costs associated with the production of goods. In case of services cost of sales includes the labor cost or salaries of the employees and other directly attributable costs. Cost of sales does not include indirect expenses such as distribution costs and marketing costs. It appears on the income statement and is deducted from the sales revenue for the calculation of gross profit (or gross margin).


Highlights and Quick Summary

  • Cost of Revenue for the quarter ending March 30, 2021 was $11.3 Million (a -9.47% decrease compared to previous quarter)
  • Year-over-year quarterly Cost of Revenue increased by 18.03%
  • Annual Cost of Revenue for 2020 was $42.6 Million (a -4.01% decrease from previous year)
  • Annual Cost of Revenue for 2019 was $44.4 Million (a -2.42% decrease from previous year)
  • Annual Cost of Revenue for 2018 was $45.5 Million (a 7.3% increase from previous year)
  • Twelve month Cost of Revenue ending March 30, 2021 was $44.1 Million (a 1.58% increase compared to previous quarter)
  • Twelve month trailing Cost of Revenue increased by 7.24% year-over-year
Trailing Cost of Revenue for the last four month:
30 Mar '21 30 Dec '20 29 Sep '20 29 Jun '20
$44.1 Million $43.4 Million $41.6 Million $41.2 Million
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Historical Cost of Revenue of Omega Flex, Inc.

Most recent Cost of Revenueof OFLX including historical data for past 10 years.

Interactive Chart of Cost of Revenue of Omega Flex, Inc.

Omega Flex, Inc. Cost of Revenue for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $11.3
2020 $12.49 $10.77 $9.58 $10.62 $42.62
2019 $10.63 $10.33 $10.07 $9.84 $44.4
2018 $10.57 $10.65 $10.63 $10.36 $45.5
2017 $10.38 $9.72 $9.66 $10.27 $42.4
2016 $9.72 $9.17 $9.15 $8.13 $38.56
2015 $9.98 $9.27 $8.3 $8.58 $36.13
2014 $9.94 $9.52 $8.42 $7.31 $35.19
2013 $9.77 $9.01 $8.67 $7.78 $35.23
2012 $8.73 $8.1 $7.17 $7.09 $31.09
2011 $7.63 $6.73 $6.57 $5.54 $26.48
2010 $6.2 $5.93 $5.18 $22.57

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.