Omega Flex, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $276.2M
- Price
- $27.36
- % Change (Daily % change from the live per-ticker quote feed.)
- -1.42%
- Volume
- 32.0K
About
Omega Flex, Inc. and its affiliated companies operate as an international manufacturer and distributor of flexible metal hosing and related accessories, catering to markets across North America and beyond. Their product portfolio includes versatile gas piping, complete with necessary fittings, engineered for installation in both residential and commercial properties. Additionally, they produce specialized corrugated medical tubing, which finds application in various healthcare environments such as hospitals, outpatient clinics, dental and veterinary practices, and research laboratories. These offerings are marketed under several recognized brand names, including TracPipe, CounterStrike, AutoSnap, AutoFlare, DoubleTrac, DEF-Trac, and MediTrac. Omega Flex serves a broad spectrum of industries, encompassing construction, manufacturing, transportation, petrochemical, and pharmaceutical sectors. The company employs a multi-channel distribution strategy, engaging independent sales representatives, authorized distributors, original equipment manufacturers (OEMs), direct sales teams, and its official website to reach customers. Established in 1975, the company was initially known as Tofle America, Inc. before officially changing its name to Omega Flex, Inc. in 1996. Its corporate headquarters are situated in Exton, Pennsylvania.
Quick stats
Shares outstanding10.1M
Computed float3.8M
Float / shares37.4%
Key info
SectorIndustrials
IndustryIndustrial - Machinery
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001317945
AI Summary
AI-generated1/9
majorbearishearnings
Omega Flex, Inc. Announces Second Quarter 2026 Earnings and CE Mark Approval for MediTrac Corrugated Medical Tubing
Omega Flex reported Q2 net sales of $24.1 million, down 5.8% from the prior year, while net income fell 35.6% to $2.7 million.
The declines were primarily driven by lower unit volumes due to a suppressed housing market and increased costs for raw materials, marketing, and product certifications.
Offsetting the earnings weakness, the company announced CE mark certification for its MediTrac corrugated medical tubing, enabling market expansion in the European Union.
Red flags
- Q2 net income declined 35.6% year-over-year
- housing market headwinds suppressing demand
- higher raw material and transportation costs impacting margins