Omega Flex
OFLX
#5508
Rank
$0.72 B
Marketcap
$72.01
Share price
2.01%
Change (1 day)
-38.13%
Change (1 year)

Operating Margin for Omega Flex (OFLX)

Operating Margin as of February 2024 (TTM): 24.92%

According to Omega Flex's latest financial reports and stock price the company's current Operating Margin is 24.92%. At the end of 2021 the company had an Operating Margin of 27.01%.

Operating Margin history for Omega Flex from 2005 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202127.01%7.59%
202025.11%22.33%
201920.52%-16.83%
201824.68%3.39%
201723.87%4.3%
201622.88%-9.42%
201525.26%4.51%
201424.17%24.42%
201319.43%14.47%
201216.97%36.45%
201112.44%-13.21%
201014.33%-3.42%
200914.84%-16.63%
200817.80%-3.95%
200718.53%65.75%
200611.18%-40.92%
200518.92%-6.14%
200420.16%-79.84%
2003100.00%0%
2002100.00%0%
2001100.00%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
14.05%-43.62%๐Ÿ‡บ๐Ÿ‡ธ USA
4.54%-81.78%๐Ÿ‡บ๐Ÿ‡ธ USA
17.04%-31.62%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.