Omega Flex (OFLX) Asset Writedowns and Impairment (2021 - 2026)
Omega Flex's Asset Writedowns and Impairment was $230,000 in Q2 2026, compared with -$12,000 a year earlier.
Omega Flex (OFLX) Asset Writedowns and Impairment (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Omega Flex's Asset Writedowns and Impairment was $130,000 through Jun 30, 2026; for FY2025, it was -$61,000.
- In earlier years, Asset Writedowns and Impairment was $177,000 in FY2024 (-84.0%), $1.11 million in FY2023, $91,000 in FY2022 (-9.9%) and $101,000 in FY2021 (+124.4%).
- The Q2 2026 figure marks the highest quarterly Asset Writedowns and Impairment since Q3 2023.
- The best year-over-year quarter for Asset Writedowns and Impairment over five years was Q1 2022 (growth of 716.7%); the worst was Q3 2024 (a decline of 70.2%).
- Per Business Quant data, OFLX's Asset Writedowns and Impairment in the three quarters before Q2 2026 was -$272,000 (Q1 2026), $210,000 (Q4 2025) and -$38,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn |
| 10 | Omega Flex | 265.78 Mn | 65.21 Mn | 13.22 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 230,000.00 |
| Mar 31, 2026 | -272,000.00 |
| Dec 31, 2025 | 210,000.00 |
| Sep 30, 2025 | -38,000.00 |
| Jun 30, 2025 | -12,000.00 |
| Mar 31, 2025 | -221,000.00 |
| Dec 31, 2024 | 157,000.00 |
| Sep 30, 2024 | 71,000.00 |
| Jun 30, 2024 | 91,000.00 |
| Mar 31, 2024 | -142,000.00 |
| Dec 31, 2023 | 186,000.00 |
| Sep 30, 2023 | 238,000.00 |
| Jun 30, 2023 | 240,000.00 |
| Mar 31, 2023 | 443,000.00 |
| Dec 31, 2022 | 500,000.00 |
| Sep 30, 2022 | -1.24 Mn |
| Jun 30, 2022 | 484,000.00 |
| Mar 31, 2022 | 343,000.00 |
| Dec 31, 2021 | -202,000.00 |
| Sep 30, 2021 | 267,000.00 |
Omega Flex Asset Writedowns and Impairment API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=OFLX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-writedowns-and-impairment", "ticker": "OFLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=OFLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();