Omega Flex (OFLX) Asset Writedowns and Impairment (2017 - 2026)
Omega Flex (OFLX) reported Asset Writedowns and Impairment of -$40000.0 for Q1 2026, down 123.12% on a YoY basis from $173000.0 in Q1 2025, and up 92.55% sequentially from -$537000.0 in Q4 2025.
Omega Flex (OFLX) Asset Writedowns and Impairment (2017 - 2026) Analysis & Trends
Omega Flex (OFLX) has 10 years of Asset Writedowns and Impairment data on file, last reported at -$40000.0 in Q1 2026.
- For the quarter ending Q1 2026, Asset Writedowns and Impairment fell 123.12% year-over-year to -$40000.0; the trailing twelve-month figure through Mar 2026 stood at -$274000.0 (down 135.96% YoY), and the FY2025 full-year result was -$61000.0, down 108.04% from the prior year.
- Asset Writedowns and Impairment improved to -$40000.0 in Q1 2026, from -$537000.0 in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $739000.0 in Q4 2024 to a low of -$742000.0 in Q2 2023.
- A 5-year average of $71235.3 and a median of $132000.0 in 2022 frame the typical range for Asset Writedowns and Impairment.
- Peak annual rise in Asset Writedowns and Impairment reached 3041.18% in 2022, while the deepest fall reached 1487.5% in 2022.
- Tracing OFLX's Asset Writedowns and Impairment over 5 years: stood at $500000.0 in 2022, then surged by 42.0% to $710000.0 in 2023, then grew by 4.08% to $739000.0 in 2024, then sank by 172.67% to -$537000.0 in 2025, then soared by 92.55% to -$40000.0 in 2026.
- Business Quant data shows OFLX's Asset Writedowns and Impairment at -$40000.0 in Q1 2026, -$537000.0 in Q4 2025, and $125000.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn |
| 10 | Omega Flex | 298.68 Mn | 248.92 Mn | 13.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -40,000.00 |
| Mar 31, 2026 | -40,000.00 |
| Dec 31, 2025 | -537,000.00 |
| Dec 31, 2025 | -537,000.00 |
| Sep 30, 2025 | 125,000.00 |
| Sep 30, 2025 | 125,000.00 |
| Jun 30, 2025 | 178,000.00 |
| Jun 30, 2025 | 178,000.00 |
| Mar 31, 2025 | 173,000.00 |
| Mar 31, 2025 | 173,000.00 |
| Dec 31, 2024 | 739,000.00 |
| Dec 31, 2024 | 739,000.00 |
| Sep 30, 2024 | 370,000.00 |
| Sep 30, 2024 | 370,000.00 |
| Jun 30, 2024 | -520,000.00 |
| Jun 30, 2024 | -520,000.00 |
| Mar 31, 2024 | 170,000.00 |
| Mar 31, 2024 | 170,000.00 |
| Dec 31, 2023 | 710,000.00 |
| Dec 31, 2023 | 710,000.00 |