Omega Flex, Inc. ROE

ROE of OFLX for past 10 years: annual, quarterly and twelve month trailing (TTM) including ROE growth rates and interactive chart. ROE is expressed as a percentage and can be calculated for any company if net income and equity are both positive numbers. Net income is calculated before dividends paid to common shareholders and after dividends to preferred shareholders and interest to lenders. A company with average equity of $10 million and earnings of $2 milion will have a ROE of 20%.

Highlights and Quick Summary

  • Annual ROE for 2020 was 47.69% (a 42.7% increase from previous year)
  • Annual ROE for 2019 was 33.42% (a 0.84% increase from previous year)
  • Annual ROE for 2018 was 33.14% (a 7.01% increase from previous year)
  • Twelve month ROE ending March 30, 2021 was 49.27% (a 3.55% increase compared to previous quarter)
  • Twelve month trailing ROE increased by 59.71% year-over-year
Trailing ROE for the last four month:
30 Mar '21 30 Dec '20 29 Sep '20 29 Jun '20
49.27% 47.58% 32.78% 30.85%
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Historical ROE of Omega Flex, Inc.

Most recent ROEof OFLX including historical data for past 10 years.

Interactive Chart of ROE of Omega Flex, Inc.

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

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 47.69%
2019 33.42%
2018 33.14%
2017 30.97%
2016 33.11%
2015 42.03%
2014 45.17%
2013 44.24%
2012 32.24%
2011 22.57%
2010 28.47%

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.