Omega Flex
OFLX
$66.85
Share price
-0.28%
Change (1 day)
-34.82%
Change (1 year)
Operating Margin for Omega Flex (OFLX)
Operating Margin as of April 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 |
|---|---|---|
| 2021 | 27.01% | 7.59% |
| 2020 | 25.11% | 22.33% |
| 2019 | 20.52% | -16.83% |
| 2018 | 24.68% | 3.39% |
| 2017 | 23.87% | 4.3% |
| 2016 | 22.88% | -9.42% |
| 2015 | 25.26% | 4.51% |
| 2014 | 24.17% | 24.42% |
| 2013 | 19.43% | 14.47% |
| 2012 | 16.97% | 36.45% |
| 2011 | 12.44% | -13.21% |
| 2010 | 14.33% | -3.42% |
| 2009 | 14.84% | -16.63% |
| 2008 | 17.80% | -3.95% |
| 2007 | 18.53% | 65.75% |
| 2006 | 11.18% | -40.92% |
| 2005 | 18.92% | -6.14% |
| 2004 | 20.16% | -79.84% |
| 2003 | 100.00% | 0% |
| 2002 | 100.00% | 0% |
| 2001 | 100.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Parker-Hannifin
PH | 14.05% | -43.62% | 🇺🇸 USA |
 Northwest Pipe Company
NWPX | 4.54% | -81.78% | 🇺🇸 USA |
 Crane Co. CR | 17.04% | -31.62% | 🇺🇸 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.