Innovex International
INVX NYSE· Oil & Gas Equipment & Services
Last close · Oct 26, 2026
$30.66
KIRA · Stoqly’s AI analyst, in plain words
- Innovex International had $978M of revenue in fiscal 2025, up 48.0% on the year before. Over five years, revenue changed +21.8% a year on average.
- Its operating margin was 13.6%, up 6.1 pts: of every 100 in sales, about 14 is left after running the business.
- Innovex International made $83.3M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew −7.7% a year.
- Innovex International returned $9.3M to shareholders in fiscal 2025. The diluted share count rose 37.0%.
- Innovex International has $178M more cash than debt.
Market cap
$2.1B
P/E
34.4x
Revenue
$978M
Net income
$83.3M
Free cash flow
—
Operating margin
13.6%
Innovex International in 30 seconds · fiscal 2025
Are sales growing?
+48.0%
Yes. Sales grew 48.0% last year.
Does it make a profit?
8.5%
A little. It keeps 8.5% of every sale as profit.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
How is the share priced?
34.4x
One share costs 34.4 times its yearly profit per share. Typical for its sector: 16.9x.
What Innovex International does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 24, 2026
- Legal name
- INNOVEX INTERNATIONAL, INC.
- CIK
- 0001042893
Innovex International · INVX
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $322M | $362M | $424M | $661M | $978M |
| Revenue growth | −11.7% | 12.2% | 17.2% | 55.8% | 48.0% |
| Gross margin | 4.1% | 14.6% | 15.1% | 35.2% | 31.0% |
| Operating margin | −38.9% | 21.0% | 22.9% | 7.4% | 13.6% |
| Net income | −$129M | $63.3M | $73.9M | $140M | $83.3M |
| Net margin | −39.9% | 17.5% | 17.4% | 21.2% | 8.5% |
| Diluted EPS | −$3.63 | $2.01 | $2.29 | $2.77 | $1.20 |
| Cash | |||||
| Cash from operations | $38.4M | −$5.8M | $75.9M | $93.4M | $191M |
| Capital expenditure | $10.0M | $18.9M | $32.6M | — | — |
| Free cash flow | $28.4M | −$24.7M | $43.2M | — | — |
| FCF margin | 8.8% | −6.8% | 10.2% | — | — |
| Dividends paid | $0.0M | $0.0M | $0.0M | $75.0M | $0.0M |
| Share buybacks | $24.2M | $20.8M | $0.0M | $0.0M | $9.3M |
| Share count change | 0.2% | −11.0% | 2.9% | 56.6% | 37.0% |
| Debt and strength | |||||
| Cash and short-term investments | $356M | $292M | $213M | — | $203M |
| Debt incl. finance leases | — | — | $50.4M | $35.8M | $25.6M |
| Shareholders' equity | $181M | $251M | $329M | $958M | $1.1B |
| Net debt / EBITDA | — | — | −1.4x | — | −0.9x |
| Current ratio | 8.0x | 8.6x | 3.7x | 3.9x | 4.9x |
| Interest coverage | −159.3x | 18.8x | 17.7x | 20.2x | 51.4x |
| Returns and quality | |||||
| Return on equity | −21.0% | 29.3% | 25.5% | 21.8% | 8.3% |
| Piotroski F-score | — | — | — | 7 | 5 |
| Altman Z'' | 8.2 | 10.9 | 7.6 | 7.7 | 9.7 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$615M
6 insiders
Of sales under plans
50%
$308M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Innovex International · INVX
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Innovex International INVX | $2.1B | 48.0% | 13.6% | — | — | 34.4x | 5 |
| Cactus WHD | — | −4.5% | 23.2% | — | 17.1% | — | — |
| Atlas Energy Solutions AESI | $1.1B | 3.7% | −1.0% | −2.8% | — | — | 4 |
| Kodiak Gas Services KGS | $4.4B | 12.8% | 26.0% | 21.7% | 6.3% | 54.1x | 5 |
| Tidewater TDW | $4.2B | 0.5% | 20.9% | 26.1% | 19.4% | 17.2x | 7 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $30.66 a share, the company is worth $2.1B: 34.4 times its earnings of the last four quarters.
Innovex International grew sales faster than 4 of its 4 similar companies. Its P/E is higher than 1 of 2.
Source: SEC EDGAR XBRL filings (CIK 0001042893). Data updated October 21, 2026. For information only — not investment advice. Check the original filings before relying on any figure.