Omega Flex (OFLX) Tax Provisions (2010 - 2026)
Omega Flex (OFLX) posted Tax Provisions of $876,000 for Q2 2026, down 34.7% from $1.34 million a year earlier but up 30.7% from the prior quarter.
Omega Flex (OFLX) Tax Provisions (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Provisions at Omega Flex was $3.75 million, down 30.7% year-over-year; for FY2025, it came in at $4.67 million, down 18.2% from FY2024.
- Annual Tax Provisions has declined for four consecutive years, with a five-year compound annual growth rate of -6.7% (FY2020 to FY2025).
- In prior years, Omega Flex's Tax Provisions was $5.71 million in FY2024 (-16.4%), $6.83 million in FY2023 (-6.9%), $7.33 million in FY2022 (-17.3%) and $8.86 million in FY2021 (+34.4%).
- Quarterly Tax Provisions has run from a low of $670,000 in Q1 2026 to a high of $2.42 million in Q4 2021 over five years.
- On a year-over-year basis, Tax Provisions has declined in each of the last ten quarters, with an average decline of 22.7% over the last eight quarters.
- The strongest year-over-year quarter for Tax Provisions in the past five years was Q3 2021, with growth of 37.1%; the weakest was Q1 2026, with a decline of 40.4%.
- According to Business Quant data, Tax Provisions for the three prior quarters was $670,000 (Q1 2026), $1.14 million (Q4 2025) and $1.06 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 340.33 Bn | 312.03 Bn | 7.76 Bn | 1.06 Bn |
| 2 | Amphenol | 195.04 Bn | 189.62 Bn | 3.55 Bn | 604.30 Mn |
| 3 | Deere | 171.72 Bn | 139.81 Bn | 4.66 Bn | 529.00 Mn |
| 4 | Eaton | 152.74 Bn | 149.93 Bn | 2.86 Bn | 321.00 Mn |
| 5 | Parker-Hannifin | 120.82 Bn | 118.95 Bn | 2.25 Bn | 248.00 Mn |
| 6 | Emerson Electric | 91.30 Bn | 84.04 Bn | 2.66 Bn | 198.00 Mn |
| 7 | 3M | 90.37 Bn | 71.82 Bn | 2.78 Bn | 261.00 Mn |
| 8 | Vertiv Holdings | 81.71 Bn | 72.33 Bn | 1.23 Bn | 122.20 Mn |
| 9 | Illinois Tool Works | 79.34 Bn | 75.90 Bn | 1.90 Bn | 265.00 Mn |
| 10 | Omega Flex | 254.27 Mn | 54.01 Mn | 13.22 Mn | 876,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 876,000.00 |
| Mar 31, 2026 | 670,000.00 |
| Dec 31, 2025 | 1.14 Mn |
| 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 | 1.81 Mn |
| Sep 30, 2023 | 1.75 Mn |
| Jun 30, 2023 | 1.39 Mn |
| Mar 31, 2023 | 1.88 Mn |
| Dec 31, 2022 | 1.77 Mn |
| Sep 30, 2022 | 1.92 Mn |
| Jun 30, 2022 | 1.76 Mn |
| Mar 31, 2022 | 1.88 Mn |
| Dec 31, 2021 | 2.42 Mn |
| Sep 30, 2021 | 2.16 Mn |
Omega Flex Tax Provisions 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=tax-provisions&ticker=OFLX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=OFLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();