Omega Gross Profit from 2010 to 2024

OFLX Stock

USD 50.46 1.72 3.53%

Omega Flex Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit will likely drop to about 51.2 M in 2024. Gross Profit is the profit Omega Flex makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2003-03-31

Previous Quarter

14.2 M

Current Value

15.3 M

Quarterly Volatility

5.4 M

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Omega Flex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Omega Flex's main balance sheet or income statement drivers, such as Interest Expense of 103.2 K, Total Revenue of 85.2 M or Gross Profit of 51.2 M, as well as many indicators such as Price To Sales Ratio of 3.84, Dividend Yield of 0.034 or PTB Ratio of 8.52. Omega financial statements analysis is a perfect complement when working with Omega Flex Valuation or Volatility modules.

Check out the analysis of Omega Flex Correlation against competitors.

For more information on how to buy Omega Stock please use our How to Invest in Omega Flex guide.

Latest Omega Flex's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Omega Flex over the last few years. Gross profit is a required income statement account that reflects total revenue of Omega Flex minus its cost of goods sold. It is profit before Omega Flex operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Omega Flex's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Omega Flex's overall financial position and show how it may be relating to other accounts over time.

View

Last Reported 78.31 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Omega Gross Profit Regression Statistics

	Arithmetic Mean	55,942,307
	Geometric Mean	53,269,992
	Coefficient Of Variation	29.91
	Mean Deviation	13,495,232
	Median	57,884,000
	Standard Deviation	16,732,757
	Sample Variance	280T
	Range	53.8M
	R-Value	0.80
	Mean Square Error	109.4T
	R-Squared	0.64
	Significance	0.0004
	Slope	2,986,601
	Total Sum of Squares	3919.8T

Omega Gross Profit History

	2024	51.2 M
	2023	64.9 M
	2022	78.3 M
	2021	81.5 M
	2020	66.5 M
	2019	70.5 M
	2018	66.1 M

Other Fundumenentals of Omega Flex

Gross Profit Margin

Omega Flex Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Total Liab	Retained Earnings	Accounts Payable	Good Will	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Debt	Net Receivables	Total Current Assets	Short Term Debt	Treasury Stock	Net Tangible Assets	Capital Surpluse	Deferred Long Term Liab	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.98	0.83	0.83	0.6	-0.14	-0.14	0.55	0.67	0.14	-0.87	0.17	0.98	0.18	0.35	0.96	0.42	-0.75	0.5	0.41	-0.14
Total Stockholder Equity	0.98		0.7	0.85	0.5	-0.18	-0.18	0.49	0.71	0.02	-0.83	0.17	0.97	0.15	0.42	0.99	0.48	-0.7	0.61	0.53	-0.18
Total Liab	0.83	0.7		0.58	0.76	-0.01	-0.01	0.58	0.42	0.42	-0.76	0.15	0.79	0.22	0.05	0.67	0.15	-0.72	0.08	-0.01	-0.01
Retained Earnings	0.83	0.85	0.58		0.38	-0.62	-0.62	0.42	0.67	-0.19	-0.89	0.21	0.84	0.03	0.61	0.9	0.67	-0.77	0.67	0.57	-0.62
Accounts Payable	0.6	0.5	0.76	0.38		0.08	0.08	0.45	0.31	0.45	-0.49	0.13	0.57	0.21	-0.1	0.46	-0.03	-0.48	0.02	0.02	0.08
Good Will	-0.14	-0.18	-0.01	-0.62	0.08		1.0	-0.29	-0.23	0.51	0.46	0.06	-0.15	0.22	-0.8	-0.28	-0.81	0.44	-0.46	-0.4	1.0
Intangible Assets	-0.14	-0.18	-0.01	-0.62	0.08	1.0		-0.29	-0.23	0.51	0.46	0.06	-0.15	0.22	-0.8	-0.28	-0.81	0.44	-0.46	-0.4	1.0
Common Stock	0.55	0.49	0.58	0.42	0.45	-0.29	-0.29		0.21	-0.02	-0.58	-0.63	0.39	0.19	0.38	0.46	0.4	-0.5	0.25	0.2	-0.29
Property Plant Equipment	0.67	0.71	0.42	0.67	0.31	-0.23	-0.23	0.21		-0.06	-0.43	0.42	0.65	-0.38	0.41	0.73	0.52	-0.56	0.26	0.12	-0.23
Current Deferred Revenue	0.14	0.02	0.42	-0.19	0.45	0.51	0.51	-0.02	-0.06		-0.07	0.25	0.18	0.52	-0.51	-0.04	-0.5	0.11	-0.54	-0.46	0.51
Net Debt	-0.87	-0.83	-0.76	-0.89	-0.49	0.46	0.46	-0.58	-0.43	-0.07		-0.04	-0.87	-0.34	-0.48	-0.85	-0.51	0.8	-0.51	-0.45	0.46
Net Receivables	0.17	0.17	0.15	0.21	0.13	0.06	0.06	-0.63	0.42	0.25	-0.04		0.33	-0.24	-0.07	0.21	0.0	-0.17	-0.06	-0.1	0.06
Total Current Assets	0.98	0.97	0.79	0.84	0.57	-0.15	-0.15	0.39	0.65	0.18	-0.87	0.33		0.22	0.34	0.96	0.4	-0.73	0.52	0.44	-0.15
Short Term Debt	0.18	0.15	0.22	0.03	0.21	0.22	0.22	0.19	-0.38	0.52	-0.34	-0.24	0.22		-0.22	0.11	-0.31	0.04	0.05	0.16	0.22
Treasury Stock	0.35	0.42	0.05	0.61	-0.1	-0.8	-0.8	0.38	0.41	-0.51	-0.48	-0.07	0.34	-0.22		0.5	0.98	-0.44	0.64	0.56	-0.8
Net Tangible Assets	0.96	0.99	0.67	0.9	0.46	-0.28	-0.28	0.46	0.73	-0.04	-0.85	0.21	0.96	0.11	0.5		0.55	-0.73	0.66	0.56	-0.28
Capital Surpluse	0.42	0.48	0.15	0.67	-0.03	-0.81	-0.81	0.4	0.52	-0.5	-0.51	0.0	0.4	-0.31	0.98	0.55		-0.53	0.6	0.49	-0.81
Deferred Long Term Liab	-0.75	-0.7	-0.72	-0.77	-0.48	0.44	0.44	-0.5	-0.56	0.11	0.8	-0.17	-0.73	0.04	-0.44	-0.73	-0.53		-0.29	-0.16	0.44
Net Invested Capital	0.5	0.61	0.08	0.67	0.02	-0.46	-0.46	0.25	0.26	-0.54	-0.51	-0.06	0.52	0.05	0.64	0.66	0.6	-0.29		0.98	-0.46
Net Working Capital	0.41	0.53	-0.01	0.57	0.02	-0.4	-0.4	0.2	0.12	-0.46	-0.45	-0.1	0.44	0.16	0.56	0.56	0.49	-0.16	0.98		-0.4
Capital Stock	-0.14	-0.18	-0.01	-0.62	0.08	1.0	1.0	-0.29	-0.23	0.51	0.46	0.06	-0.15	0.22	-0.8	-0.28	-0.81	0.44	-0.46	-0.4

Click cells to compare fundamentals

About Omega Flex Financial Statements

Omega Flex investors use historical fundamental indicators, such as Omega Flex's Gross Profit, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Omega Flex. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Gross Profit	64.9 M	51.2 M
Gross Profit Margin	0.58	0.45

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

Additional Tools for Omega Stock Analysis

When running Omega Flex's price analysis, check to measure Omega Flex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Omega Flex is operating at the current time. Most of Omega Flex's value examination focuses on studying past and present price action to predict the probability of Omega Flex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Omega Flex's price. Additionally, you may evaluate how the addition of Omega Flex to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC