Omega Flex, Inc.
Business
Omega Flex manufactures flexible metal hose (corrugated tubing) and proprietary fittings used to carry gases and liquids in residential, commercial, industrial, and medical applications. Core products include TracPipe® CounterStrike® CSST for fuel gas piping, DoubleTrac® double-containment piping for automotive and marina fueling, DEF-Trac® piping for diesel emissions fluid, and MediTrac® corrugated medical gas tubing for healthcare facilities. The company operates manufacturing facilities in Pennsylvania, Texas, and the United Kingdom, selling through distributors, wholesalers, and OEMs primarily in North America and Europe.
Summary from 10-K filed 2026-03-12
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net Sales | 98 | 102 | 111 | 125 | 130 | |
| Cost of Goods Sold | 39 | 39 | 43 | 47 | 48 | |
| Gross Profit | 59 | 62 | 68 | 78 | 82 | |
| Selling Expense | 21 | 21 | 21 | 22 | 20 | |
| General and Administrative Expense | 16 | 16 | 18 | 21 | 21 | |
| Engineering Expense | 5 | 4 | 4 | 5 | 5 | |
| Operating Profit | 17 | 22 | 26 | 31 | 35 | |
| Interest Income | 2 | 2 | 2 | 174,000 | 35,000 | |
| Other Income (Expense) | 331,000 | −227,000 | 46,000 | −211,000 | 21,000 | |
| Income Before Income Taxes | 19 | 24 | 28 | 31 | 35 | |
| Income Tax Expense | 5 | 6 | 7 | 7 | 9 | |
| Net Income | 15 | 18 | 21 | 24 | 26 | |
| Net Loss Noncontrolling Interest | 243,000 | 99,000 | 43,000 | −30,000 | −61,000 | |
| Net Income attributable to Omega Flex, Inc. | 15 | 18 | 21 | 24 | 26 | |
| Basic Earnings per Common Share | 1.47 | 1.78 | 2.06 | 2.34 | 2.6 | |
| Diluted Earnings per Common Share | 1.47 | 1.78 | 2.06 | 2.34 | 2.6 | |
| Cash Dividends Declared per Common Share | 1.36 | 1.35 | 1.31 | 1.26 | 1.18 | |
| Basic Weighted Average Shares Outstanding | 10 | 10 | 10 | 10 | 10 | |
| Diluted Weighted Average Shares Outstanding | 10 | 10 | 10 | 10 | 10 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | 53 | 52 | 46 | 38 | 33 | |
| Accounts Receivable - less allowances of $857 and $866, respectively | 14 | 14 | 15 | 18 | 21 | |
| Inventories - Net | 13 | 15 | 16 | 18 | 16 | |
| Other Current Assets | 3 | 3 | 3 | 3 | 3 | |
| Total Current Assets | 83 | 84 | 80 | 76 | 72 | |
| Right-Of-Use Assets - Operating | 4 | 5 | 3 | 3 | 3 | |
| Property and Equipment - Net | 10 | 10 | 9 | 8 | 9 | |
| Goodwill - Net | 4 | 4 | 4 | 4 | 4 | |
| Deferred Taxes | 595,000 | 365,000 | 189,000 | 923,000 | 7,000 | |
| Other Long Term Assets | 3 | 4 | 4 | 6 | 2 | |
| Total Assets | 105 | 106 | 100 | 98 | 89 | |
| Accounts Payable | 3 | 3 | 2 | 2 | 3 | |
| Accrued Compensation | 2 | 2 | 3 | 4 | 7 | |
| Accrued Commissions and Sales Incentives | 4 | 4 | 4 | 5 | 7 | |
| Dividends Payable | 3 | 3 | 3 | 3 | — | |
| Taxes Payable | — | 710,000 | 190,000 | 109,000 | 1,000 | |
| Lease Liability - Operating | 771,000 | 712,000 | 454,000 | 447,000 | 383,000 | |
| Other Liabilities | 4 | 4 | 4 | 8 | 5 | |
| Total Current Liabilities | 16 | 17 | 18 | 22 | 23 | |
| Lease Liability - Operating, net of current portion | 4 | 5 | 2 | 3 | 3 | |
| Deferred Taxes | 422,000 | 181,000 | — | 6,000 | 427,000 | |
| Other Long Term Liabilities | 580,000 | 525,000 | 603,000 | 986,000 | 2 | |
| Total Liabilities | 21 | 23 | 21 | 27 | 28 | |
| Commitments and Contingencies (Note 7) | — | — | — | — | — | |
| Common Stock par value $0.01 share: authorized 20,000,000 shares: 10,153,633 shares issued and 10,094,322 shares outstanding as of December 31, 2025 and December 31, 2024 | 102,000 | 102,000 | 102,000 | 102,000 | 102,000 | |
| Treasury Stock | −1,000 | −1,000 | −1,000 | — | — | |
| Paid-in Capital | 11 | 11 | 11 | — | — | |
| Retained Earnings | 74 | 73 | 68 | 61 | 50 | |
| Accumulated Other Comprehensive Loss | −933,000 | −892,000 | −930,000 | −1 | −827,000 | |
| Total Omega Flex, Inc. Shareholders Equity | 84 | 83 | 79 | 71 | 60 | |
| Noncontrolling Interest | −178,000 | 67,000 | 163,000 | 196,000 | 189,000 | |
| Total Shareholders Equity | 84 | 83 | 79 | 71 | 61 | |
| Total Liabilities and Shareholders Equity | 105 | 106 | 100 | 98 | 89 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Non-Cash Compensation Expense | 169,000 | 54,000 | 292,000 | 156,000 | 506,000 | |
| Non-Cash Lease Expense | 658,000 | 759,000 | 462,000 | 481,000 | 328,000 | |
| Depreciation and Amortization | 1 | 1 | 1 | 1 | 1 | |
| Provision for Losses on Accounts Receivable, net of write-offs and recoveries | −9,000 | −259,000 | 5,000 | −301,000 | 286,000 | |
| Deferred Taxes | 11,000 | 5,000 | — | — | — | |
| Provision for Inventory Reserves | −61,000 | 177,000 | 1 | 91,000 | 101,000 | |
| Accounts Receivable | 767,000 | 1 | 2 | 3 | −943,000 | |
| Inventories | 1 | 829,000 | 1 | −3 | −4 | |
| Other Assets | 782,000 | 598,000 | 1 | −4 | −509,000 | |
| Accounts Payable | −143,000 | 574,000 | −205,000 | −1 | 894,000 | |
| Accrued Compensation | −427,000 | −1 | −590,000 | −3 | 2 | |
| Accrued Commissions and Sales Incentives | −359,000 | −556,000 | −572,000 | −2 | 3 | |
| Lease Liabilities | −671,000 | −432,000 | −461,000 | −475,000 | −335,000 | |
| Other Liabilities | −858,000 | −84,000 | −4 | 2 | −3 | |
| Net Cash Provided by Operating Activities | 17 | 21 | 23 | 15 | 25 | |
| Capital Expenditures | −2 | −2 | −2 | −942,000 | −971,000 | |
| Net Cash Used In Investing Activities | −2 | −2 | −2 | −942,000 | −971,000 | |
| Dividends Paid | −14 | −14 | −13 | −9 | −15 | |
| Net Cash Used In Financing Activities | −14 | −14 | −13 | −9 | −15 | |
| Net Increase in Cash and Cash Equivalents | 2 | 5 | 9 | 5 | 9 | |
| Translation effect on cash | −95,000 | 19,000 | −3,000 | −25,000 | −31,000 | |
| Cash paid for Income Taxes | 6 | 6 | — | — | — | |
| Cash received from Income Tax Refunds | 58,000 | — | — | — | — | |
| Declared Dividend | 3 | 3 | 3 | 3 | — | |
| Additions to Right-Of-Use Assets obtained from new operating Lease Liabilities | 31,000 | 3 | 65,000 | 644,000 | 3 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Omega Flex, Inc.'s CIK number?
Omega Flex, Inc.'s SEC CIK number is 0001317945 (1317945). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Omega Flex, Inc.'s SEC filings?
All of Omega Flex, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Omega Flex, Inc. last report earnings?
Omega Flex, Inc. (OFLX) most recently filed an earnings 8-K with the SEC on Apr 29, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001493152-26-019579). This is Omega Flex, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Omega Flex, Inc.'s most recent earnings 8-K?
Omega Flex, Inc.'s latest earnings 8-K (Item 2.02) was filed Apr 29, 2026 under accession 0001493152-26-019579. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Omega Flex, Inc.'s latest earnings 8-K →
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