Omega Flex Inc
NASDAQ:OFLX
Operating Margin
Omega Flex Inc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| US |
O
|
Omega Flex Inc
NASDAQ:OFLX
|
357.3m USD |
21%
|
|
| JP |
I
|
Ishii Iron Works Co Ltd
TSE:6362
|
304.2T JPY |
13%
|
|
| US |
|
Parker-Hannifin Corp
NYSE:PH
|
93B USD |
21%
|
|
| SE |
|
Atlas Copco AB
STO:ATCO A
|
741.3B SEK |
21%
|
|
| JP |
|
Mitsubishi Heavy Industries Ltd
TSE:7011
|
11.4T JPY |
8%
|
|
| US |
|
Illinois Tool Works Inc
NYSE:ITW
|
77.1B USD |
26%
|
|
| CH |
|
Schindler Holding AG
SIX:SCHP
|
32.5B CHF |
11%
|
|
| US |
|
Barnes Group Inc
NYSE:B
|
37.2B USD |
37%
|
|
| US |
|
Otis Worldwide Corp
NYSE:OTIS
|
35B USD |
12%
|
|
| US |
|
Ingersoll Rand Inc
NYSE:IR
|
35B USD |
20%
|
|
| FI |
K
|
Kone Oyj
OMXH:KNEBV
|
28.6B EUR |
11%
|
Omega Flex Inc
Glance View
Omega Flex, Inc. engages in the manufacture and sale of flexible metal hose and accessories. The company is headquartered in Exton, Pennsylvania and currently employs 170 full-time employees. The company went IPO on 2005-08-01. The firm is engaged in a number of different markets, including construction, manufacturing, transportation, petrochemical, pharmaceutical and other industries. The firm consists of the manufacture and sale of flexible metal hose, fittings, and accessories segment. The Company’s products are focused on residential and commercial construction, and general industrial markets, with a portfolio of intellectual property and patents issued in various countries around the world. The Company’s primary product, flexible gas piping, is used for gas piping within residential and commercial buildings. Its TracPipe and TracPipe CounterStrike flexible gas piping, along with its fittings are distributed under the trademarks AutoSnap and AutoFlare. The Company’s product line MediTrac corrugated medical tubing is used for piping medical gases (oxygen, nitrogen, nitrous oxide, carbon dioxide, and medical vacuum) in health care facilities.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Omega Flex Inc's most recent financial statements, the company has Operating Margin of 20.6%.
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