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Innovex International, Inc. INVX

NYSE · stock · Oil & Gas Field Machinery & Equipment · website · IPO 1997-10-23

Innovex International, Inc. statistics & valuation

Market cap$1.7B
P / E21.0×
P / S1.8×
P / B1.7×
Net margin8.5%
Return on equity7.9%
Return on capital11.8%
Graham number -33.2%$20.29

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($20.29); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
17.30% -22.10% -24.90% 0.40% -8.40% -39.80% 13.50% 13.30% 21.20% 8.50% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
20.90% -15.20% -31.90% 0.70% -17.40% -38.90% 16.20% 17.50% 7.40% 13.60% 2016201720182019202020212022202320242025
Return on equity (%)
6.90% -7.80% -8.70% 0.20% -3.00% -71.20% 25.20% 22.50% 14.60% 7.90% 2016201720182019202020212022202320242025
Shares outstanding
75.6M 76.3M 74.2M 72.3M 70.8M 70.7M 68.3M 64.7M 69.2M 69.4M 2016201720182019202020212022202320242025
Net debt ($)
$25.4M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
6.40% -7.20% -8.00% 0.10% -2.70% -12.70% 6.50% 15.60% 11.70% 6.60% 2016201720182019202020212022202320242025
Free cash flow margin (%)
41.00% 17.60% 3.50% 0.80% -9.10% 8.80% -5.30% 7.80% 2016201720182019202020212022202320242025
Debt / equity (×)
0.03× 2016201720182019202020212022202320242025
EPS ($)
$1.24 -$1.34 -$1.29 $0.03 -$0.43 -$1.81 $1.00 $1.15 $2.77 $1.20 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Innovex International, Inc. trades at about 25.3× earnings — below its 10-year norm (10-year range 5.6×–1636×, median 30.6×).

5.6× 1636×

Shaded band = 10-year range (5.6×–1636×); dot = today's 25.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin13.6%7.4%17.5%16.2%-38.9%-17.4%0.7%-31.9%-15.2%20.9%
Net margin8.5%21.2%13.3%13.5%-39.8%-8.4%0.4%-24.9%-22.1%17.3%
FCF margin——7.8%-5.3%8.8%-9.1%0.8%3.5%17.6%41.0%
Return on assets6.6%11.7%15.6%6.5%-12.7%-2.7%0.1%-8.0%-7.2%6.4%
Return on equity7.9%14.6%22.5%25.2%-71.2%-3.0%0.2%-8.7%-7.8%6.9%
Debt / equity—0.03×————————
Current ratio4.913.943.678.577.9510.099.0810.4610.0910.41

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.