Profits are gushing through a red-hot Exton metal hose manufacturer thanks to its innovative products and a resurgent housing market. For the first time ever, growth at Omega Flex has heated up to levels only the most elite global movers and shakers can achieve — inclusion in Fortune’s 100 Fastest-Growing Companies list for 2015.
The maker of hand-bendable stainless steel hose for use in home gas and hot water systems ranked No. 85 overall, though its stock returns put it among the world’s top three dozen.
Over the past three years, Omega Flex produced a 52 percent total return, 33 percent growth in earnings per share and 16 percent revenue growth. Its most recent four quarters value company revenue at $90 million and profits at $14 million. Trading under OFLX on NASDAQ, its stock has jumped from $19.85 a year ago to $32.34 on Wednesday, with a 52-week high of $39.95 and a low of $19.
Those statistics ranked Omega Flex No. 36 for its total return, No. 72 for its earnings per share growth and No. 95 for its revenue growth.
The company is among a crop of 53 new names to be recognized by Fortune on this year’s fastest-growing companies list, which has earned a reputation for spotting up-and-coming businesses.
See Omega Flex’s profile and the rest of the fastest-growing 100 companies on Fortune here, and check out a Fortune video introducing this year’s list here.
