Omega Flex, Inc. Annual Return On Assets in % from 2012 to 2023

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
Omega Flex, Inc. quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
  • Omega Flex, Inc. Return On Assets for the quarter ending June 30, 2024 was 19.4 %, a 19.9% decline year-over-year.
  • Omega Flex, Inc. annual Return On Assets for 2023 was 21.6 %, a 16.8% decline from 2022.
  • Omega Flex, Inc. annual Return On Assets for 2022 was 26 %, a 20.9% decline from 2021.
  • Omega Flex, Inc. annual Return On Assets for 2021 was 32.8 %, a 3.6% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 21.6 -4.35 -16.8% Jan 1, 2023 Dec 31, 2023
2022 26 -6.87 -20.9% Jan 1, 2022 Dec 31, 2022
2021 32.8 +1.14 +3.6% Jan 1, 2021 Dec 31, 2021
2020 31.7 +10.5 +49.7% Jan 1, 2020 Dec 31, 2020
2019 21.2 -4.17 -16.5% Jan 1, 2019 Dec 31, 2019
2018 25.3 +2.96 +13.2% Jan 1, 2018 Dec 31, 2018
2017 22.4 -0.67 -2.91% Jan 1, 2017 Dec 31, 2017
2016 23 -4.67 -16.9% Jan 1, 2016 Dec 31, 2016
2015 27.7 -1.87 -6.32% Jan 1, 2015 Dec 31, 2015
2014 29.6 +1.62 +5.8% Jan 1, 2014 Dec 31, 2014
2013 28 +8.97 +47.3% Jan 1, 2013 Dec 31, 2013
2012 19 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.