Omega Flex (OFLX) Tax Provisions (2010 - 2026)
Omega Flex (OFLX) posted Tax Provisions of $670000.0 for Q1 2026, down 3.87% sequentially from $697000.0 in Q4 2025, and down 40.39% YoY from $1.1 million in Q1 2025.
Omega Flex (OFLX) Tax Provisions (2010 - 2026) Analysis & Trends
Omega Flex has reported Tax Provisions for 17 years, with the latest figure at $670000.0 in Q1 2026.
- Quarterly Tax Provisions fell 40.39% year-over-year to $670000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.8 million (down 30.9% YoY) and the FY2025 annual result came in at $4.2 million, down 25.99% from the prior year.
- Tax Provisions slipped to $670000.0 in Q1 2026 per OFLX's latest filing, from $697000.0 in the prior quarter.
- Over five years, Tax Provisions peaked at $1.9 million in Q3 2022 and troughed at -$4.9 million in Q4 2023.
- A 5-year average of $673352.9 and a median of $1.4 million in 2024 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2022 and 2024: Tax Provisions sank 621.72% in 2022, then jumped 129.79% in 2024.
- Over 5 years, Tax Provisions stood at -$4.8 million in 2022, then dropped by 2.41% to -$4.9 million in 2023, then surged by 129.79% to $1.5 million in 2024, then plunged by 52.46% to $697000.0 in 2025, then fell by 3.87% to $670000.0 in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $670000.0, $697000.0, and $1.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn | 276.00 Mn |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | 321.00 Mn |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | 215.00 Mn |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | 198.00 Mn |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | 325.00 Mn |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | 265.00 Mn |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | 85.48 Mn |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | 62.00 Mn |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | 69.10 Mn |
| 10 | Omega Flex | 276.07 Mn | 228.17 Mn | 13.22 Mn | 876,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 876,000.00 |
| Mar 31, 2026 | 670,000.00 |
| Dec 31, 2025 | 697,000.00 |
| Sep 30, 2025 | 1.06 Mn |
| Jun 30, 2025 | 1.34 Mn |
| Mar 31, 2025 | 1.12 Mn |
| Dec 31, 2024 | 1.47 Mn |
| Sep 30, 2024 | 1.48 Mn |
| Jun 30, 2024 | 1.39 Mn |
| Mar 31, 2024 | 1.38 Mn |
| Dec 31, 2023 | -4.92 Mn |
| Sep 30, 2023 | 1.75 Mn |
| Jun 30, 2023 | 1.39 Mn |
| Mar 31, 2023 | 1.88 Mn |
| Dec 31, 2022 | -4.81 Mn |
| Sep 30, 2022 | 1.92 Mn |
| Jun 30, 2022 | 1.76 Mn |
| Mar 31, 2022 | 1.88 Mn |
| Dec 31, 2021 | 921,000.00 |
| Sep 30, 2021 | 2.16 Mn |