Omega Flex (OFLX) Dividend Coverage Ratio (2016 - 2018)
Omega Flex's (OFLX) Dividend Coverage Ratio stood at 1.76 in Q2 2018, down 6.1% from the prior quarter.
Omega Flex (OFLX) Dividend Coverage Ratio (2016 - 2018) Analysis & Trends
On a TTM basis, Omega Flex's Dividend Coverage Ratio came in at 1.86 as of Jun 30, 2018, up 5.0% year-over-year; for FY2017, it was 1.20, down 28.2% from FY2016.
- Annual Dividend Coverage Ratio has declined for three straight years.
- Across earlier years, Dividend Coverage Ratio came in at 1.68 in FY2016 (-47.5%), 3.19 in FY2015 (-96.6%), 92.84 in FY2014 and 2.34 in FY2013 (+243.5%).
- The Q2 2018 figure is the lowest quarterly Dividend Coverage Ratio since Q1 2017.
- Per Business Quant, the preceding three quarters came in at 1.88 (Q1 2018), 2.02 (Q4 2017) and 1.81 (Q3 2017).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 5.16 |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 5.76 |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 3.15 |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | - |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | - |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 2.31 |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 2.33 |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 1.76 |
| 10 | Omega Flex | 256.40 Mn | 55.83 Mn | 13.22 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2018 | 1.76 |
| Mar 31, 2018 | 1.88 |
| Dec 31, 2017 | 2.02 |
| Sep 30, 2017 | 1.81 |
| Mar 31, 2017 | 0.48 |
| Mar 31, 2016 | 0.31 |
Omega Flex Dividend Coverage Ratio 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=dividend-coverage-ratio&ticker=OFLX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "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=dividend-coverage-ratio&ticker=OFLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();