Omega Flex, Inc.

27.92-0.63 (-2.21%)

Oct 29, 4:00:01 PM EDT · NasdaqGM · OFLX · USD

Upcoming Earnings

Report date

≈ -

Key Stats

Market Cap

281.83M

P/E (TTM)

16.52

Basic EPS (TTM)

1.69

Dividend Yield

0.05%

Recent Filings

8-K

10/29/25Oct 29, 2025

8-K

Quarterly dividend declared

9/12/25Sep 12, 2025

Omega Flex, Inc. announced a regular quarterly dividend of $0.34 per share on September 12, 2025, payable October 8 to shareholders of record September 25. The board will assess future payouts based on cash needs, operations, financial health, capex, and potential acquisitions. Dividends persist. Forward-looking statements highlight risks that could alter results.

10-Q

Q2 FY2025 results

8/1/25Aug 1, 2025

Omega Flex's Q2 sales climbed 3.7% year-over-year to $25.5M, yet year-to-date revenue dipped 2.0% to $48.9M amid softer housing starts. Gross margins held steady at 60.4%, but operating profit fell 10.6% to $4.7M quarterly and 15.2% to $8.8M YTD, pressured by 37.2% higher engineering costs for product development. Diluted EPS of $0.41 matched basic, confirmed against 10,094K shares with no anti-dilution. Cash generated $7.0M from operations, funding $1.0M capex and $6.9M dividends; free cash flow stood at $6.0M (derived), with $50.7M on hand and a full $15M revolver available, no debt. Product liability claims linger as a key risk.

8-K

Q2 sales rise, half-year slips

7/30/25Jul 30, 2025

Omega Flex reported Q2 2025 net sales of $25.5 million, up 3.7% from Q2 2024, yet six-month sales dipped 2.0% to $48.9 million amid suppressed housing starts curbing volumes. Net income fell 7.6% quarterly to $4.2 million and 11.4% for the half-year to $7.7 million. Market weakness persists. Forward-looking statements highlight inherent risks.

8-K

Annual meeting proposals approved

6/20/25Jun 20, 2025

Omega Flex, Inc. held its annual shareholder meeting on June 18, 2025, where all five proposals passed decisively. J. Nicholas Filler, Edwin B. Moran, and Stephen M. Shea were elected as class 2 directors for three-year terms, with strong support exceeding 90% for each. Shareholders ratified RSM US LLP as auditors, approved the Flex-Trac, Inc. 2025 Equity Incentive Plan, endorsed executive compensation, and favored a three-year frequency for future say-on-pay votes. This alignment bolsters governance stability amid ongoing operations.

About

Omega Flex, Inc. manufactures and sells flexible metal hoses, fittings, and accessories in the United States, Canada, and internationally. It offers flexible gas piping for use in residential and commercial buildings; fittings; containment pining; and corrugated copper 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 CSST, CounterStrike CSST, 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, wholesalers, 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.

CEO

Mr. Kevin R. Hoben

IPO

8/1/2005

Website

https://www.omegaflex.com

Employees

175

Sector

Industrials

Industry

Specialty Industrial Machinery