Omega Flex, Inc.
OFLX · Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures · 10.1M shares · +0%/yr ↓ buyback · EDGAR filings ↗
Reference price $29.50 · est. market cap ~$298M — last insider purchase, 2026-03-11 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B80High-margin, debt-free niche leader in flexible gas piping with top-decile ROA and a pristine balance sheet, but small and single-product concentrated.
Strengths
- ROA 14% (93rd pct), net margin 15% (81st pct), operating margin 17.2% (84th pct), gross margin 60% (70th pct)
- Fortress balance sheet: current ratio 5.2, quick ratio 4.4, no debt, consistent dividends
Risks
- Heavy dependence on one product line (TracPipe/CounterStrike) and on independent sales reps/distributors
- Sales down 3.3% and operating profit down 21.5% on weak housing starts; small ~$98M revenue base
Notable findings
- Auditor changeRecent 8-K item 4.01 8-K ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
60.0%
Operating margin
17.2%
Net margin
15.1%
Return on equity
17.6%
Return on assets
14.1%
Revenue growth (QoQ)
-8.4%
Net-income growth
-17.7%
Current ratio
5.2×
Free cash flow
$15M
EBITDA
$18M
Tangible book value
$81M
Cash & investments
$53M
Stock comp / revenue
0.2%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-03-11 | Rivest Dean W. | Buy | 1.0K | $29.50 |
| 2026-02-22 | Unger Matthew Francis | Disposition | 395 | $37.55 |
| 2026-02-22 | Unger Matthew Francis | Option exercise | 395 | — |
| 2026-02-22 | Moran Edwin B. | Disposition | 494 | $37.55 |
| 2026-02-22 | Rivest Dean W. | Option exercise | 593 | — |
| 2026-02-22 | Rivest Dean W. | Disposition | 593 | $37.55 |
| 2026-02-22 | Moran Edwin B. | Option exercise | 494 | — |
| 2025-12-10 | Evans David K | Buy | 142 | $30.67 |
| 2025-12-10 | REED STEWART B | Gift | 4.0K | — |
| 2025-12-10 | Evans David K | Buy | 242 | $30.62 |
| 2025-12-05 | SHEA STEPHEN M | Buy | 2.4K | $28.47 |
| 2025-12-04 | SHEA STEPHEN M | Buy | 1.4K | $28.44 |
| 2025-11-24 | Moran Edwin B. | Buy | 500 | $27.29 |
| 2025-06-12 | Hoben Kevin R | Sell | 972 | $31.55 |
| 2025-05-02 | Moran Edwin B. | Buy | 500 | $29.72 |
| 2025-02-18 | Moran Edwin B. | Option exercise | 402 | — |
| 2025-02-18 | Moran Edwin B. | Disposition | 402 | $38.62 |
| 2025-02-18 | Rivest Dean W. | Option exercise | 603 | — |
| 2025-02-18 | Rivest Dean W. | Disposition | 603 | $38.62 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-15 | 2026-06-10 | 0001493152-26-028636 ↗ |
| 8-K | 2026-06-11 | 2026-06-09 | 0001493152-26-028287 ↗ |
| 10-Q | 2026-05-01 | 2026-03-31 | 0001493152-26-020884 ↗ |
| 8-K | 2026-04-29 | 2026-04-29 | 0001493152-26-019579 ↗ |
| 8-K | 2026-03-25 | 2026-03-24 | 0001493152-26-012660 ↗ |
| 10-K | 2026-03-12 | 2025-12-31 | 0001493152-26-009876 ↗ |
| 8-K | 2026-03-04 | 2026-03-04 | 0001493152-26-008869 ↗ |
| 8-K | 2025-12-05 | 2025-12-05 | 0001493152-25-026353 ↗ |
| 10-Q | 2025-10-31 | 2025-09-30 | 0001493152-25-020342 ↗ |
| 8-K | 2025-10-29 | 2025-10-29 | 0001493152-25-020051 ↗ |
| 8-K | 2025-09-12 | 2025-09-12 | 0001493152-25-013185 ↗ |
| 10-Q | 2025-08-01 | 2025-06-30 | 0001493152-25-011533 ↗ |