Omega Net Income from 2010 to 2024

OFLX Stock  USD 49.24  0.26  0.53%   
Omega Flex Net Income yearly trend continues to be fairly stable with very little volatility. Net Income will likely drop to about 12.6 M in 2024. During the period from 2010 to 2024, Omega Flex Net Income regression line of annual values had r-squared of  0.65 and arithmetic mean of  14,919,042. View All Fundamentals
 
Net Income  
First Reported
2003-03-31
Previous Quarter
4.5 M
Current Value
4.6 M
Quarterly Volatility
1.9 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 Net Income Growth Pattern

Below is the plot of the Net Income of Omega Flex over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Omega Flex financial statement analysis. It represents the amount of money remaining after all of Omega Flex operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Omega Flex's Net Income 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.
ViewLast Reported 20.76 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Omega Net Income Regression Statistics

Arithmetic Mean14,919,042
Geometric Mean12,836,714
Coefficient Of Variation45.78
Mean Deviation5,335,022
Median15,662,000
Standard Deviation6,830,540
Sample Variance46.7T
Range23.7M
R-Value0.80
Mean Square Error17.8T
R-Squared0.65
Significance0.0003
Slope1,227,712
Total Sum of Squares653.2T

Omega Net Income History

202412.6 M
202320.8 M
202223.6 M
202126.2 M
202019.9 M
201917.3 M
201820.1 M

Other Fundumenentals of Omega Flex

Omega Flex Net Income component correlations

About Omega Flex Financial Statements

Omega Flex investors use historical fundamental indicators, such as Omega Flex's Net Income, 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
Net Income20.8 M13.5 M
Net Income Applicable To Common Shares27.2 M28.5 M
Net Income From Continuing Ops22 M23.4 M
Net Income Per Share 2.06  2.16 
Net Income Per E B T 0.75  0.54 

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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.