Omega Operating Income from 2010 to 2024

OFLX Stock  USD 42.07  0.62  1.45%   
Omega Flex Operating Income yearly trend continues to be fairly stable with very little volatility. Operating Income will likely drop to about 21.9 M in 2024. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Omega Flex generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2003-03-31
Previous Quarter
5.3 M
Current Value
5.5 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 Operating Income Growth Pattern

Below is the plot of the Operating Income of Omega Flex over the last few years. Operating Income is the amount of profit realized from Omega Flex operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Omega Flex is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Omega Flex's Operating 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.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Omega Operating Income Regression Statistics

Arithmetic Mean22,814,155
Geometric Mean21,247,477
Coefficient Of Variation32.95
Mean Deviation5,442,634
Median23,503,000
Standard Deviation7,516,182
Sample Variance56.5T
Range28.4M
R-Value0.54
Mean Square Error43.2T
R-Squared0.29
Significance0.04
Slope905,830
Total Sum of Squares790.9T

Omega Operating Income History

202421.9 M
202325.8 M
202231 M
202135.1 M
202026.7 M
201921.9 M
201826.4 M

Other Fundumenentals of Omega Flex

Omega Flex Operating Income component correlations

0.980.830.830.6-0.14-0.140.550.670.14-0.870.170.980.180.350.960.42-0.750.50.41-0.14
0.980.70.850.5-0.18-0.180.490.710.02-0.830.170.970.150.420.990.48-0.70.610.53-0.18
0.830.70.580.76-0.01-0.010.580.420.42-0.760.150.790.220.050.670.15-0.720.08-0.01-0.01
0.830.850.580.38-0.62-0.620.420.67-0.19-0.890.210.840.030.610.90.67-0.770.670.57-0.62
0.60.50.760.380.080.080.450.310.45-0.490.130.570.21-0.10.46-0.03-0.480.020.020.08
-0.14-0.18-0.01-0.620.081.0-0.29-0.230.510.460.06-0.150.22-0.8-0.28-0.810.44-0.46-0.41.0
-0.14-0.18-0.01-0.620.081.0-0.29-0.230.510.460.06-0.150.22-0.8-0.28-0.810.44-0.46-0.41.0
0.550.490.580.420.45-0.29-0.290.21-0.02-0.58-0.630.390.190.380.460.4-0.50.250.2-0.29
0.670.710.420.670.31-0.23-0.230.21-0.06-0.430.420.65-0.380.410.730.52-0.560.260.12-0.23
0.140.020.42-0.190.450.510.51-0.02-0.06-0.070.250.180.52-0.51-0.04-0.50.11-0.54-0.460.51
-0.87-0.83-0.76-0.89-0.490.460.46-0.58-0.43-0.07-0.04-0.87-0.34-0.48-0.85-0.510.8-0.51-0.450.46
0.170.170.150.210.130.060.06-0.630.420.25-0.040.33-0.24-0.070.210.0-0.17-0.06-0.10.06
0.980.970.790.840.57-0.15-0.150.390.650.18-0.870.330.220.340.960.4-0.730.520.44-0.15
0.180.150.220.030.210.220.220.19-0.380.52-0.34-0.240.22-0.220.11-0.310.040.050.160.22
0.350.420.050.61-0.1-0.8-0.80.380.41-0.51-0.48-0.070.34-0.220.50.98-0.440.640.56-0.8
0.960.990.670.90.46-0.28-0.280.460.73-0.04-0.850.210.960.110.50.55-0.730.660.56-0.28
0.420.480.150.67-0.03-0.81-0.810.40.52-0.5-0.510.00.4-0.310.980.55-0.530.60.49-0.81
-0.75-0.7-0.72-0.77-0.480.440.44-0.5-0.560.110.8-0.17-0.730.04-0.44-0.73-0.53-0.29-0.160.44
0.50.610.080.670.02-0.46-0.460.250.26-0.54-0.51-0.060.520.050.640.660.6-0.290.98-0.46
0.410.53-0.010.570.02-0.4-0.40.20.12-0.46-0.45-0.10.440.160.560.560.49-0.160.98-0.4
-0.14-0.18-0.01-0.620.081.01.0-0.29-0.230.510.460.06-0.150.22-0.8-0.28-0.810.44-0.46-0.4
Click cells to compare fundamentals

About Omega Flex Financial Statements

Omega Flex investors use historical fundamental indicators, such as Omega Flex's Operating 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
Operating Income25.8 M21.9 M
Non Operating Income Net Other-189.9 K-180.4 K

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.

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.