Omega Income Before Tax from 2010 to 2024

OFLX Stock  USD 40.99  1.13  2.68%   
Omega Flex Income Before Tax yearly trend continues to be fairly stable with very little volatility. Income Before Tax will likely drop to about 19.3 M in 2024. During the period from 2010 to 2024, Omega Flex Income Before Tax regression line of annual values had r-squared of  0.63 and arithmetic mean of  21,234,743. View All Fundamentals
 
Income Before Tax  
First Reported
2003-03-31
Previous Quarter
5.9 M
Current Value
6.1 M
Quarterly Volatility
2.6 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 51.3 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 Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Omega Flex over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Omega Flex income statement and is an important metric when analyzing Omega Flex profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Omega Flex's Income Before Tax 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.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Omega Income Before Tax Regression Statistics

Arithmetic Mean21,234,743
Geometric Mean19,216,166
Coefficient Of Variation39.20
Mean Deviation6,407,109
Median22,854,000
Standard Deviation8,324,676
Sample Variance69.3T
Range28.4M
R-Value0.79
Mean Square Error27.5T
R-Squared0.63
Significance0.0004
Slope1,479,604
Total Sum of Squares970.2T

Omega Income Before Tax History

202419.3 M
202327.5 M
202231 M
202135.1 M
202026.6 M
201922.9 M
201826.7 M

About Omega Flex Financial Statements

Omega Flex investors use historical fundamental indicators, such as Omega Flex's Income Before Tax, 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 ReportedProjected for Next Year
Income Before Tax27.5 M19.3 M

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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.