Omega Flex, Inc. Annual Income Tax Expense (Benefit) in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Omega Flex, Inc. quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2023.
  • Omega Flex, Inc. Income Tax Expense (Benefit) for the quarter ending June 30, 2024 was $1.39M, a 0.29% decline year-over-year.
  • Omega Flex, Inc. Income Tax Expense (Benefit) for the twelve months ending June 30, 2024 was $6.32M, a 9.22% decline year-over-year.
  • Omega Flex, Inc. annual Income Tax Expense (Benefit) for 2023 was $6.83M, a 6.85% decline from 2022.
  • Omega Flex, Inc. annual Income Tax Expense (Benefit) for 2022 was $7.33M, a 17.3% decline from 2021.
  • Omega Flex, Inc. annual Income Tax Expense (Benefit) for 2021 was $8.86M, a 34.4% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $6.83M -$502K -6.85% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-11
2022 $7.33M -$1.54M -17.3% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-11
2021 $8.86M +$2.27M +34.4% Jan 1, 2021 Dec 31, 2021 10-K 2024-03-11
2020 $6.59M +$1.17M +21.5% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-10
2019 $5.43M -$1.02M -15.8% Jan 1, 2019 Dec 31, 2019 10-K 2022-03-14
2018 $6.45M -$2M -23.7% Jan 1, 2018 Dec 31, 2018 10-K 2021-03-08
2017 $8.45M +$1.48M +21.1% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-09
2016 $6.98M -$628K -8.26% Jan 1, 2016 Dec 31, 2016 10-K 2019-03-11
2015 $7.6M +$14.6M Jan 1, 2015 Dec 31, 2015 10-K 2018-03-05
2014 -$6.99M -$11.9M -243% Jan 1, 2014 Dec 31, 2014 10-K 2017-03-13
2013 $4.89M +$845K +20.9% Jan 1, 2013 Dec 31, 2013 10-K 2015-03-13
2012 $4.05M +$1.94M +92% Jan 1, 2012 Dec 31, 2012 10-K 2014-03-14
2011 $2.11M -$62K -2.86% Jan 1, 2011 Dec 31, 2011 10-K 2013-03-27
2010 $2.17M Jan 1, 2010 Dec 31, 2010 10-K 2012-03-16
* An asterisk sign (*) next to the value indicates that the value is likely invalid.