Omega Flex (OFLX) Tax Provisions (2010 - 2026)
Omega Flex (OFLX) reported Tax Provisions of $670000.0 for Q1 2026, down 40.39% on a YoY basis from $1.1 million in Q1 2025, and down 3.87% sequentially from $697000.0 in Q4 2025.
Omega Flex (OFLX) Tax Provisions (2010 - 2026) Analysis & Trends
Omega Flex (OFLX) has 17 years of Tax Provisions data on file, last reported at $670000.0 in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions fell 40.39% year-over-year to $670000.0; the trailing twelve-month figure through Mar 2026 stood at $3.8 million (down 30.9% YoY), and the FY2025 full-year result was $4.2 million, down 25.99% from the prior year.
- Tax Provisions slipped to $670000.0 in Q1 2026, from $697000.0 in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $1.9 million in Q3 2022 to a low of -$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.
- Across the five-year window, Tax Provisions tumbled 621.72% in 2022 and surged 129.79% in 2024, its largest moves.
- Tracing OFLX's Tax Provisions over 5 years: stood at -$4.8 million in 2022, then retreated by 2.41% to -$4.9 million in 2023, then surged by 129.79% to $1.5 million in 2024, then sank by 52.46% to $697000.0 in 2025, then slipped by 3.87% to $670000.0 in 2026.
- Business Quant data shows OFLX's Tax Provisions at $670000.0 in Q1 2026, $697000.0 in Q4 2025, and $1.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 276.00 Mn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 240.00 Mn |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 215.00 Mn |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 254.00 Mn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 175.00 Mn |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 199.00 Mn |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 93.62 Mn |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 89.00 Mn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 36.10 Mn |
| 10 | Omega Flex | 298.68 Mn | 248.92 Mn | 13.09 Mn | 670,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 2.23 Mn |