Omega Flex Management
Management criteria checks 3/4
Omega Flex's CEO is Dean Rivest, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is $983.05K, comprised of 52.4% salary and 47.6% bonuses, including company stock and options. directly owns 0.017% of the company’s shares, worth $75.37K. The average tenure of the management team and the board of directors is 1.3 years and 10.8 years respectively.
Key information
Dean Rivest
Chief executive officer
US$983.1k
Total compensation
| CEO salary percentage | 52.4% |
| CEO tenure | less than a year |
| CEO ownership | 0.02% |
| Management average tenure | 1.3yrs |
| Board average tenure | 10.8yrs |
Recent management updates
Recent updates
Omega Flex: Long-Term Buying Opportunity May Be Finally Approaching
Oct 01Some Investors May Be Worried About Omega Flex's (NASDAQ:OFLX) Returns On Capital
Jul 18
Omega Flex (NASDAQ:OFLX) Is Increasing Its Dividend To $0.34
Jun 18Omega Flex, Inc. (NASDAQ:OFLX) Investors Are Less Pessimistic Than Expected
May 29Shareholders Are Optimistic That Omega Flex (NASDAQ:OFLX) Will Multiply In Value
Feb 16Omega Flex: Becoming More Appealing, But Valuation Still Relatively High
Jan 22Capital Investments At Omega Flex (NASDAQ:OFLX) Point To A Promising Future
Nov 09Investors Shouldn't Overlook The Favourable Returns On Capital At Omega Flex (NASDAQ:OFLX)
Apr 14Why You Should Care About Omega Flex's (NASDAQ:OFLX) Strong Returns On Capital
Jan 12Omega Flex GAAP EPS of $0.65, revenue of $31.63M
Oct 20Omega Flex declares $0.32 dividend
Sep 30Why You Should Care About Omega Flex's (NASDAQ:OFLX) Strong Returns On Capital
Sep 29Does Omega Flex (NASDAQ:OFLX) Deserve A Spot On Your Watchlist?
Jul 31Here's Why I Think Omega Flex (NASDAQ:OFLX) Is An Interesting Stock
Apr 29Here's Why I Think Omega Flex (NASDAQ:OFLX) Is An Interesting Stock
Jan 28Omega Flex's (NASDAQ:OFLX) Dividend Will Be Increased To US$0.30
Sep 20Should You Be Adding Omega Flex (NASDAQ:OFLX) To Your Watchlist Today?
Aug 04Omega Flex's (NASDAQ:OFLX) Dividend Will Be Increased To US$0.30
Jun 12We Discuss Why The CEO Of Omega Flex, Inc. (NASDAQ:OFLX) Is Due For A Pay Rise
Jun 03Here's What You Should Know About Omega Flex, Inc.'s (NASDAQ:OFLX) 0.7% Dividend Yield
Apr 05This Insider Has Just Sold Shares In Omega Flex, Inc. (NASDAQ:OFLX)
Mar 18If You Like EPS Growth Then Check Out Omega Flex (NASDAQ:OFLX) Before It's Too Late
Mar 16Did You Participate In Any Of Omega Flex's (NASDAQ:OFLX) Incredible 410% Return?
Feb 23Declining Stock and Decent Financials: Is The Market Wrong About Omega Flex, Inc. (NASDAQ:OFLX)?
Jan 25Should You Buy Omega Flex, Inc. (NASDAQ:OFLX) For Its Dividend?
Dec 30
Omega Flex declares $0.28 dividend
Dec 11A Quick Analysis On Omega Flex's (NASDAQ:OFLX) CEO Compensation
Dec 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$18m |
| Jun 30 2024 | n/a | n/a | US$19m |
| Mar 31 2024 | n/a | n/a | US$19m |
| Dec 31 2023 | US$983k | US$515k | US$21m |
| Sep 30 2023 | n/a | n/a | US$22m |
| Jun 30 2023 | n/a | n/a | US$23m |
| Mar 31 2023 | n/a | n/a | US$24m |
| Dec 31 2022 | US$887k | US$433k | US$24m |
| Sep 30 2022 | n/a | n/a | US$25m |
| Jun 30 2022 | n/a | n/a | US$25m |
| Mar 31 2022 | n/a | n/a | US$25m |
| Dec 31 2021 | US$776k | US$293k | US$26m |
| Sep 30 2021 | n/a | n/a | US$26m |
| Jun 30 2021 | n/a | n/a | US$24m |
| Mar 31 2021 | n/a | n/a | US$22m |
| Dec 31 2020 | US$527k | US$232k | US$20m |
Compensation vs Market: Dean's total compensation ($USD983.05K) is below average for companies of similar size in the US market ($USD2.16M).
Compensation vs Earnings: Dean's compensation has been consistent with company performance over the past year.
CEO
Dean Rivest (53 yo)
less than a year
Tenure
US$983,053
Compensation
Mr. Dean W. Rivest served as President at Omega Flex, Inc. since January 19, 2022 until December 2023 and serves as its Chief Executive Officer and Director since January 1, 2024. He served as an Executive...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 28.9yrs | US$2.13m | 8.91% $ 38.4m | |
| CEO & Director | less than a year | US$983.05k | 0.017% $ 75.4k | |
| President & Director | less than a year | US$778.72k | no data | |
| VP of Finance & CFO | 3.3yrs | US$423.93k | no data | |
| VP, General Counsel & Secretary | 1.7yrs | US$431.44k | no data | |
| Senior Vice President of Corporate Development & Facilities Management | 18.9yrs | US$645.77k | no data | |
| Financial Controller | no data | no data | no data |
1.3yrs
Average Tenure
56yo
Average Age
Experienced Management: OFLX's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 28.9yrs | US$2.13m | 8.91% $ 38.4m | |
| CEO & Director | less than a year | US$983.05k | 0.017% $ 75.4k | |
| President & Director | less than a year | US$778.72k | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Vice Chairman | 19.9yrs | US$90.30k | 56.2% $ 242.2m | |
| Independent Director | 5.9yrs | US$85.05k | 0.0050% $ 21.3k | |
| Lead Independent Director | 15.7yrs | US$85.05k | 0.018% $ 79.0k | |
| Independent Director | 28.9yrs | US$79.80k | 0.018% $ 78.0k |
10.8yrs
Average Tenure
70.5yo
Average Age
Experienced Board: OFLX's board of directors are seasoned and experienced ( 10.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 20:16 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Omega Flex, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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