Innovex International Inc INVX Stock Analysis
- NYSE
- Stock
- Market closed · opens Monday 9:30 AM ET
$28.03 up $0.64, 2.34% at close Oct 16
Last close · Previous close $27.39
- Market cap
- $1.93BAt the Oct 16 close
- P/E ratio
- 31.49On last 12 months’ EPS
- Diluted EPS
- $0.89Last 12 months
- Dividend yield
- NoneLast 12 months
Price chart
$28.03up $0.64, 2.34%Fri, Oct 16 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$27.39Oct 15
- Volume373.01KOct 16 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume704.90KLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $17.61 to $33.71; now $28.03
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
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Performance
Past performance, measured to the Oct 16 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
INVX beat the S&P 500 in 3 of 7 periods.
| Period | INVX and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | INVX: down 4.4% S&P 500: up 1.5% | INVX trailed the S&P 500 by 5.9 percentage points Trailed |
| 3M | INVX: up 9.0% S&P 500: up 1.9% | INVX beat the S&P 500 by 7.1 percentage points Beat |
| YTD | INVX: up 28.2% S&P 500: up 12.8% | INVX beat the S&P 500 by 15.4 percentage points Beat |
| 1Y | INVX: up 57.8% S&P 500: up 16.8% | INVX beat the S&P 500 by 41.0 percentage points Beat |
| Long term | ||
| 3Y | INVX: up 8.3% S&P 500: up 81.5% +2.7% vs +22.0% a year | INVX trailed the S&P 500 by 73.2 percentage points Trailed |
| 5Y | INVX: up 10.4% S&P 500: up 83.1% +2.0% vs +12.9% a year | INVX trailed the S&P 500 by 72.7 percentage points Trailed |
| 10Y | INVX: down 49.0% S&P 500: up 319.6% −6.5% vs +15.4% a year | INVX trailed the S&P 500 by 368.6 percentage points Trailed |
$10,000 invested in INVX 10 years ago (Oct 14, 2016) would be worth about $5,096 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,964.
INVX beat the S&P 500 in 3 of 7 periods.
| Period | INVX and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | INVX: down 4.4% S&P 500: up 1.2% | INVX trailed the S&P 500 by 5.6 percentage points Trailed |
| 3M | INVX: up 9.0% S&P 500: up 1.7% | INVX beat the S&P 500 by 7.3 percentage points Beat |
| YTD | INVX: up 28.2% S&P 500: up 11.9% | INVX beat the S&P 500 by 16.3 percentage points Beat |
| 1Y | INVX: up 57.8% S&P 500: up 15.5% | INVX beat the S&P 500 by 42.3 percentage points Beat |
| Long term | ||
| 3Y | INVX: up 8.3% S&P 500: up 75.0% +2.7% vs +20.5% a year | INVX trailed the S&P 500 by 66.7 percentage points Trailed |
| 5Y | INVX: up 10.4% S&P 500: up 71.2% +2.0% vs +11.4% a year | INVX trailed the S&P 500 by 60.8 percentage points Trailed |
| 10Y | INVX: down 49.0% S&P 500: up 258.1% −6.5% vs +13.6% a year | INVX trailed the S&P 500 by 307.1 percentage points Trailed |
$10,000 invested in INVX 10 years ago (Oct 14, 2016) would be worth about $5,096 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,813.
All-time high
$119.38
Closing high on . Now 76.5% below that record.
Split-adjusted daily closes since Oct 23, 1997.
Stock splits
1
2-for-1 on . One share bought before the first split is 2 shares today.
Valuation
The Oct 16 close compared with the last 12 months of reported results (the four quarters to Jun 30, 2026). Tap a metric to see how it’s calculated.
Price-to-earnings (P/E)
31.5×The Oct 16 close ÷ diluted EPS over the last 12 months ($0.89)
The range covers daily P/E ratios from Oct 7, 2021 to Oct 16, 2026, each based on the previous 12 months of earnings.
INVX trades at 31.5× its earnings over the last 12 months, above its 5-year median of 11.7×. In plain terms, buyers are paying about $31 for each $1 of profit from the past year. How to read P/E
Other valuation measures
- 1.9×Last 12 months’ revenue
Market value divided by revenue over the last 12 months. Useful when earnings are small or negative.
P/S = Market cap ÷ Revenue (last 12 months)Price-to-sales ratio - 1.8×Book value as of Jun 30, 2026
Price relative to accounting equity (book value) per share on the Jun 30, 2026 balance sheet. Asset-light companies often trade far above book value.
P/B = Price ÷ Book value per sharePrice-to-book ratio - 10.1×Last 12 months’ EBITDA
Enterprise value divided by EBITDA over the last 12 months. It compares companies with different amounts of debt.
EV/EBITDA = Enterprise value ÷ EBITDA (last 12 months)EV/EBITDA explained - 11.48%Last 12 months’ free cash flow
Free cash flow over the last 12 months as a share of the company’s market value: the cash the business generated for each dollar of stock.
FCF yield = Free cash flow (last 12 months) ÷ Market capFree cash flow - $1.78BAt the Oct 16 close
What it would cost to buy the whole business: the market cap at the Oct 16 close, plus debt, minus cash and short-term investments from the Jun 30, 2026 balance sheet.
EV = Market cap + Debt − Cash and short-term investmentsEV/EBITDA explained
Build your own INVX DCF in Excel. Value Innovex International with your own growth and margin assumptions.Browse DCF models Free DCF calculator
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q2 FY26, the quarter ended Jun 30, 2026. “Last 12 months” means the four quarters from Jul 1, 2025 to Jun 30, 2026, and balance-sheet figures are as of Jun 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $997.53Mup 15.0%
- Net income
- $61.56Mdown 57.4%
- Diluted EPS
- $0.89down 57.8%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q3 FY24 (Sep 30, 2024) | $151.82M | $82.59M | $1.99 |
| Q4 FY24 (Dec 31, 2024) | $250.69M | $31.79M | −$0.31 |
| Q1 FY25 (Mar 31, 2025) | $240.42M | $14.76M | $0.21 |
| Q2 FY25 (Jun 30, 2025) | $224.23M | $15.35M | $0.22 |
| Q3 FY25 (Sep 30, 2025) | $240.00M | $39.23M | $0.57 |
| Q4 FY25 (Dec 31, 2025) | $273.60M | $13.97M | $0.20 |
| Q1 FY26 (Mar 31, 2026) | $239.03M | −$16.67M | −$0.24 |
| Q2 FY26 (Jun 30, 2026) | $244.90M | $25.03M | $0.36 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 31, 2021) | $322.45M | −$128.49M | −$3.63 |
| FY22 (Dec 31, 2022) | $467.19M | $63.28M | $2.01 |
| FY23 (Dec 31, 2023) | $555.54M | $73.93M | $2.29 |
| FY24 (Dec 31, 2024) | $660.80M | $140.33M | $2.77 |
| FY25 (Dec 31, 2025) | $978.25M | $83.30M | $1.20 |
Margins
- Gross 32.4%
- Operating 10.0%
- Net 6.2%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $221.27MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$157.48MLast 12 months
- Capital spending$63.79MLast 12 months
- 22.2%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $14.13MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$0.00Last 12 months
- Total returned$14.13MLast 12 months
6% of free cash flow
Balance sheet
- $222.06MAs of Jun 30, 2026
Cash plus short- and long-term marketable securities on the Jun 30, 2026 balance sheet.
- Total debt$74.55MAs of Jun 30, 2026
- Net cash$147.50MAs of Jun 30, 2026
- 5.01As of Jun 30, 2026
Current assets divided by current liabilities on the Jun 30, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 0.07As of Jun 30, 2026
Total debt divided by shareholders’ equity on the Jun 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 6 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✗Return on assets improved: not passed
- ✓Operating cash flow exceeded net income: passed
- ✓Long-term debt fell relative to assets: passed
- ✓Current ratio improved: passed
- ✓Share count didn’t rise: passed
- ✗Gross margin improved: not passed
- ✗Asset turnover (revenue ÷ assets) improved: not passed
- 5.9%Last 12 months
Over the last 12 months, Innovex International’s net income was 5.9% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 4.8%Last 12 months
Over the last 12 months, Innovex International’s net income was 4.8% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
About Innovex International Inc
Innovex International, Inc is a Houston-based company established in 2024 following the merger of Dril-Quip, Inc and Innovex Downhole Solutions, Inc. Our comprehensive portfolio extends throughout the lifecycle of the well, and innovative product integration ensures seamless transitions from one well phase to the next, driving efficiency, lowering cost, and reducing the rig site service footprint for the customer. With locations throughout North America, Latin America, Europe, the Middle East and Asia, no matter where you need us, our team is readily available with technical expertise, conventional and innovative technologies, and ever-present customer service.
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- Headquarters
- Texas, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- NYSE
- Asset type
- Common stock
- Price history since
INVX news
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INVX stock FAQ
What is INVX stock’s price today?
Innovex International (INVX) traded at $28.03 at the close on , up $0.64 (2.34%) from the previous close of $27.39. Over the past 52 weeks it has traded between $17.61 and $33.71.
If you invested $1,000 in INVX 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in INVX on would be worth about $510 at the close on , a total return of −49.0%. The same $1,000 would be worth $1,104 if invested five years ago, $1,578 if invested one year ago, and $759 if invested 20 years ago. Past performance doesn’t predict future returns.
What is Innovex International’s market cap?
Innovex International’s market capitalization is about $1.9 billion. That’s Tiingo’s daily market cap for , at that day’s closing price of $28.03 (how market cap works). Innovex International reported 68.76M shares outstanding at the end of its latest quarter ().
What is INVX’s P/E ratio?
INVX trades at 31.5 times its diluted earnings over the four quarters to ($0.89 per share), at the close. Over the past five years its P/E has ranged from 3.4 to 41.4, with a median of 11.7. (How the P/E ratio works.)
How much revenue does Innovex International make?
Innovex International reported $997.5 million of revenue over the four quarters to , up 15.0% from the twelve months before. In its latest quarter (Q2 FY26, ended ) revenue was $244.9 million, up 9.2% from a year earlier.
Is Innovex International profitable?
Yes. Innovex International earned $61.6 million of net income over the four quarters to , a net margin of 6.2%, and its operating margin was 10.0% (what margins tell you).
What are INVX’s earnings per share?
INVX’s diluted earnings per share were $0.89 over the four quarters to , compared with $2.11 in the twelve months before. The latest quarter (Q2 FY26) brought $0.36 per share, against $0.22 a year earlier (how EPS works).
Does INVX pay a dividend?
Innovex International hasn’t paid a dividend in the last twelve months.
What is INVX’s 52-week high and low?
Over the past 52 weeks INVX has traded as low as $17.61 and as high as $33.71. At $28.03 at the close on , it is 16.8% below that high and 59.2% above the low.
What is INVX’s all-time high?
INVX’s highest closing price was $119.38 on , adjusted for stock splits. At $28.03 at the close on , it is 76.5% below that record.
Has INVX stock ever split?
Yes, once: 2-for-1 on . One share bought before the first split would be 2 shares today.
How has INVX stock performed?
Including dividends and measured to the close on , INVX has returned +28.2% so far this year and +57.8% over the past year, and +10.4% over five years (+2.0% a year). Over the same periods the S&P 500, measured by SPY, returned +12.8%, +16.8% and +83.1%. Past performance doesn’t predict future returns.
What sector and industry is Innovex International in?
Innovex International is in the Energy sector and the Oil & Gas Equipment & Services industry, and is headquartered in Texas, USA.
What exchange does INVX trade on?
Innovex International trades on the NYSE under the ticker symbol INVX. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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