Risks Related to Our Business Our business and financial performance depends primarily upon the general level of activity in the oil and natural gas industry, including the number of drilling rigs in operation, the number of oil and natural gas wells being drilled, the volume of production, the number of well completions and the level of well remediation activity and the corresponding capital expenditures by oil and natural gas companies within North America, the Middle East, Latin America and Europe, among other global markets. A decline in prices for oil and natural gas may have an adverse effect on our revenue, cash flows, profitability and growth. Demand for most of our products and services depends primarily on the level of activity in the oil and natural gas industry in North America, the Middle East, Latin America and Europe, among other global markets.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 978M | 978M | 661M | 424M | 362M | 322M |
| Net Income | 83M | 83M | 140M | 74M | 63M | -128M |
| EPS | $1.20 | $1.20 | $2.77 | $1.15 | $1.01 | $-1.82 |
| Free Cash Flow | 191M | 191M | 92M | 43M | -56M | 28M |
| ROIC | 9.2% | 9.3% | 8.4% | 95.0% | 30.5% | -21.0% |
| Gross Margin | 31.0% | 31.0% | 35.2% | 15.1% | 14.6% | 4.1% |
| Debt/Equity | 0.07 | 0.07 | 0.10 | 0.26 | 0.02 | 0.03 |
| Dividends/Share | $0.00 | $2.39 | $2.39 | $0.00 | $0.00 | - |
| Operating Income | 133M | 133M | 49M | 97M | 76M | -125M |
| Operating Margin | 13.6% | 13.6% | 7.4% | 22.9% | 21.0% | -38.9% |
| ROE | 7.9% | 8.3% | 21.8% | 25.5% | 29.3% | -21.0% |
| Shares Outstanding | 69M | 69M | 51M | 65M | 63M | 71M |
Innovex International, Inc. passes 6 of 9 quality checks, suggesting mixed fundamentals.
Innovex International, Inc. trades at 21.6x trailing earnings, compared to its 15-year median P/E of 12.8x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 11.5x vs a median of 27.9x. The company's 5-year average ROIC is 24.4% with a gross margin of 20.0%. Total shareholder yield (dividends + buybacks) is 9.7%. At current prices, the estimated annualized return to fair value is +28.3%.
Innovex International, Inc. (INVX) has a current P/E ratio of 21.6, compared to its historical median P/E of 12.8. The stock is currently considered Expensive based on its historical valuation range.
Innovex International, Inc. (INVX) has a 5-year average return on invested capital (ROIC) of 24.4%. This indicates strong capital allocation and a potential competitive advantage.
Innovex International, Inc. (INVX) has a market capitalization of $1.8B. It is classified as a small-cap stock.
Yes, Innovex International, Inc. (INVX) pays a dividend with a trailing twelve-month yield of 9.22%. The company also returns capital through share buybacks, with a buyback yield of 0.52%.
Based on historical P/E analysis, Innovex International, Inc. (INVX) appears expensive. The current P/E of 21.6 is 69% above its historical median of 12.8. The estimated fair value CAGR (P/E method) is -0.8%.
Innovex International, Inc. (INVX) operates in the Oil & Gas Field Machinery & Equipment industry, within the Industrials sector.
Innovex International, Inc. (INVX) reported annual revenue of $978 million in its most recent fiscal year, based on SEC EDGAR filings.
Innovex International, Inc. (INVX) has a net profit margin of 8.5%. This is a modest margin.
Innovex International, Inc. (INVX) generated $191 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Innovex International, Inc. (INVX) has a debt-to-equity ratio of 0.07. This indicates a conservatively financed balance sheet.
Innovex International, Inc. (INVX) reported earnings per share (EPS) of $1.20 in its most recent fiscal year.
Innovex International, Inc. (INVX) has a return on equity (ROE) of 8.3%. This indicates moderate shareholder returns.
Innovex International, Inc. (INVX) has a 5-year average gross margin of 20.0%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 18 years of financial data for Innovex International, Inc. (INVX), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Innovex International, Inc. (INVX) has a book value per share of $15.24, based on its most recent annual SEC filing.