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

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Omega Flex, Inc. quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
  • Omega Flex, Inc. Return On Equity for the quarter ending June 30, 2024 was 24.2 %, a 24.2% decline year-over-year.
  • Omega Flex, Inc. annual Return On Equity for 2023 was 27.2 %, a 23% decline from 2022.
  • Omega Flex, Inc. annual Return On Equity for 2022 was 35.4 %, a 25.9% decline from 2021.
  • Omega Flex, Inc. annual Return On Equity for 2021 was 47.8 %, a 0.02% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 27.2 -8.14 -23% Jan 1, 2023 Dec 31, 2023
2022 35.4 -12.4 -25.9% Jan 1, 2022 Dec 31, 2022
2021 47.8 -0.01 -0.02% Jan 1, 2021 Dec 31, 2021
2020 47.8 +19.9 +71.3% Jan 1, 2020 Dec 31, 2020
2019 27.9 -4.37 -13.6% Jan 1, 2019 Dec 31, 2019
2018 32.3 +2.65 +8.95% Jan 1, 2018 Dec 31, 2018
2017 29.6 -1.06 -3.46% Jan 1, 2017 Dec 31, 2017
2016 30.7 -7.8 -20.3% Jan 1, 2016 Dec 31, 2016
2015 38.5 -3.78 -8.95% Jan 1, 2015 Dec 31, 2015
2014 42.3 +1.01 +2.45% Jan 1, 2014 Dec 31, 2014
2013 41.2 +14.6 +54.5% Jan 1, 2013 Dec 31, 2013
2012 26.7 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.