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Omega Flex Inc   (OFLX)
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Omega Flex Inc 's Net Profit Margin by quarter

Trends, Rankings, Statistics



OFLX Net Profit Margin (Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
Y / Y Revenue Change -18.74 % -4.17 % -13.09 % -0.3 % -0.68 %
Seq. Revenue Change -13.96 % -2.69 % -2.57 % -0.37 % 1.45 %
Revenue In Millions $25.80 $29.99 $30.82 $31.63 $31.75
Net Profit Margin 17.64 % 19.14 % 20.06 % 20.67 % 17.2 %
Net Profit Margin Total Ranking # 708 # # 909 # 858 # 1073
Net Income In Millions $4.55 $5.74 $6.18 $6.54 $5.46
Y / Y Net Income Change -16.67 % 4.95 % -18.64 % 6.2 % -11.96 %
Seq. Net Income Change -20.75 % -7.15 % -5.44 % 19.76 % -0.18 %


Commenting Second Quarter 2023 Net Profit Margin
Omega Flex Inc experienced contraction in Net Income by -20.75 % to $26 millions and Revenue by -13.96 %, while Net Profit Margin fell to 17.64 %, above company's average Net Profit Margin.

Observing second quarter 2023 results within Renewable Energy Services & Equipment industry Omega Flex Inc has achieved highest Net Profit Margin. While Net Profit Margin overall ranking has deteriorated compare to previous quarter from to 708.
Net Margin Formula
OFLX's Net Profit Margin second quarter 2023 Company Ranking
Within: No.
Renewable Energy Services & Equipment Industry # 1
Energy Sector # 53
Overall # 707

Net Profit Margin Statistics
High Average Low
26.97 % 16.4 % 3.3 %
(Mar 31 2012)   (Jun 30 2012)




Other Net Profit Margin Profitability Ratios
OFLX's Cumulative Net Profit Margin
Renewable Energy Services & Equipment Industry Net Profit Margin Trends and Statistics
Energy Sector Net Profit Margin Statistics
Net Profit Margin Profitability Trends for overall market
OFLX's Net Profit Margin Profitability versus Renewable Energy Services & Equipment Industry, Energy Sector and total Market
Highest Ranking Net Profit Margin
Lowest Ranking Net Profit Margin
Net Profit Margin Profit Margin for OFLX's Competitors
Net Profit Margin Profit Margin for Omega Flex Inc 's Suppliers
Net Profit Margin Profit Margin for OFLX's Customers

You may also want to know
OFLX's Annual Growth Rates OFLX's Profitability Ratios OFLX's Asset Turnover Ratio OFLX's Dividend Growth
OFLX's Roe OFLX's Valuation Ratios OFLX's Financial Strength Ratios OFLX's Net Income Growth
OFLX's Roa OFLX's Inventory Turnover Ratio OFLX's Growth Rates OFLX's Dividend Comparisons


Companies with similar Net Profit Margin in the quarter ending Jun 30 2023, within Renewable Energy Services & Equipment Industry Net Profit MarginJun 30 2023 MRQ Net IncomeJun 30 2023 MRQ Revenue
Omega Flex Inc   17.64 %$ 4.550 $ 25.800 
Masco Corporation  13.07 %$ 278.000 $ 2,127.000 




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