Omega Flex (OFLX) Asset Writedowns and Impairment (2017 - 2026)
Omega Flex (OFLX) posted Asset Writedowns and Impairment of -$40000.0 for Q1 2026, up 92.55% sequentially from -$537000.0 in Q4 2025, and down 123.12% YoY from $173000.0 in Q1 2025.
Omega Flex (OFLX) Asset Writedowns and Impairment (2017 - 2026) Analysis & Trends
Omega Flex has reported Asset Writedowns and Impairment for 10 years, with the latest figure at -$40000.0 in Q1 2026.
- Quarterly Asset Writedowns and Impairment fell 123.12% year-over-year to -$40000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$274000.0 (down 135.96% YoY) and the FY2025 annual result came in at -$61000.0, down 108.04% from the prior year.
- Asset Writedowns and Impairment improved to -$40000.0 in Q1 2026 per OFLX's latest filing, from -$537000.0 in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $739000.0 in Q4 2024 and troughed at -$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.
- The widest YoY moves for Asset Writedowns and Impairment: up 3041.18% in 2022, down 1487.5% in 2022.
- Over 5 years, Asset Writedowns and Impairment stood at $500000.0 in 2022, then surged by 42.0% to $710000.0 in 2023, then gained by 4.08% to $739000.0 in 2024, then plunged by 172.67% to -$537000.0 in 2025, then soared by 92.55% to -$40000.0 in 2026.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered -$40000.0, -$537000.0, and $125000.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn |
| 10 | Omega Flex | 276.07 Mn | 228.17 Mn | 13.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 62,000.00 |
| Jun 30, 2026 | 62,000.00 |
| 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 |