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Omega Flex OFLX Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

Worthington Enterprises logo
Worthington EnterprisesWOR
$81K-93.8%
Gates Industrial Corporation logo
Gates Industrial CorporationGTES
$360.9M+10.8%
Mueller Industries logo
Mueller IndustriesMLI
Core & Main logo
Core & MainCNM
Parker-Hannifin logo
Parker-HannifinPH
Crane Co. logo
Crane Co.CR

Other financials

Income statement

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Revenue$23.1M-1.0%
Gross profit$13.1M-7.0%
Operating income$2.3M-42.9%
Net income$2.1M-41.8%
EPS (diluted)$0.34-26.1%

Balance sheet

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Cash & equivalents$49.8M+1.1%
Total debt$4.5M-12.5%
Total equity$82.9M-0.5%
Total assets$101.3M-1.4%

Cash flow

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Operating cash flow$608.0K-60.9%
CapEx$709.0K+28.4%
Free cash flow-$101.0K-110%

Valuation

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Market cap$317.77M-2.6%
Enterprise value$272.53M-3.4%
P/E23.8×+5.0×
P/S3.2×0.0×

Profitability

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Gross margin59.2%-2.2pp
Operating margin15.5%-5.1pp
Net margin13.6%-3.8pp
FCF margin14.5%-3.1pp

Returns & leverage

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Return on equity16.1%-5.3pp
Debt / equity0.1×0.0×
Current ratio5.7×+0.1×

Where this comes from

Reported directly by Omega Flex in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

The official record: Omega Flex’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Omega Flex's noncontrolling interests in subsidiaries?
Omega Flex (OFLX) reported noncontrolling interests in subsidiaries of -$250K in Q1 2026.
How has Omega Flex's noncontrolling interests in subsidiaries changed year-over-year?
Omega Flex's noncontrolling interests in subsidiaries decreased by 1415.8% year-over-year, from $19K to -$250K.
What is the long-term trend for Omega Flex's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Omega Flex's noncontrolling interests in subsidiaries has grown at a -7.3% compound annual growth rate (CAGR), from $260K to -$178K.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.