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Innovex International, Inc. INVX R2K

Energy · Oil & Gas Equipment & Services · United States
https://www.innovex-inc.com

Innovex International, Inc. designs, manufactures, sells, and rents mission critical engineered products to the oil and natural gas industry worldwide. It provides drilling enhancement tools to optimize drilling performance, increase rate of penetration, and mitigate downhole challenges; and fishing and intervention which supports workover, intervention, drilling and completion activities, as well as manufactures and sells products including external catch tools, internal catch tools, and other related fishing and remedial tools. The company also offers well production solutions comprising products and services that enable artificial lift in wells and provides artificial lift accessory products and services, as well as wellhead penetrators, tubing hangers and adapters, ESP cable management, and spooling services; service, mileage, and others; subsea equipment and engineered systems for offshore applications, including subsea wellheads, subsea connectors, casing connectors, deepwater centralization solutions, and diverter systems; and surface wellhead systems. In addition, it provides well completion portfolio comprising products used to enable a well to be stimulated and put on production, such as liner hanger systems, toe initiation products, frac plugs, completion packers, casing flotation products, and related completion accessories; and well construction portfolio that consists of products designed to ensure the structural integrity of the wellbore. Further, the company offers products utilized to support effective cement placement between the wellbore and casing. It sells and rents its products to international and national oil companies, independent exploration and production companies, and multinational service companies. Its products have applications in the onshore and offshore oil and natural gas wells, including well construction, well completion, and well production and intervention. The company was founded in 2016 and is headquartered in Humble, Texas.

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$26.71
+93.55% 1Y

Market & Price

Market Cap
$1.84B
Current Price
$26.71
High / Low (52W)
$31.05 / $13.80
Beta
-

Valuation

Stock P/E
35.61
Industry PE
18.25
Forward P/E
14.34
PEG Ratio
-
Book Value
$15.02
Price to Book
1.78
P/S
1.88
EV/EBITDA
9.71
Dividend Yield
-

Profitability & Returns

ROCE
11.70%
ROE
5.16%
ROA
5.71%
Profit Margin
5.31%
Op Margin
12.12%
EPS (Latest Qtr)
$-0.24
EPS (TTM)
$0.75

Balance Sheet & Liquidity

Debt/Equity
0.07
Quick Ratio
3.30
Current Ratio
5.09
Debt
$76.20M
Total Assets
$1.27B
Current Assets
$728.05M
Working Capital
$579.88M

Ownership

Promoter Holding
1.71%
Chg in Prom Hold
-
FII / Inst Holding
109.00%
Chg in FII Hold
-0.00%

Financial Snapshot

Enterprise Value
$1.70B
Total Revenue (TTM)
$976.87M
EBITDA
$175.52M
Free Cash Flow
$135.28M
Operating Cash Flow
$179.66M
Shares Outstanding
68.76M
Gross Margin
31.87%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
27.93%
Profit 5Y
9.60%
Revenue (YoY)
-0.60%
Earnings (YoY)
-

PROS

  • Compounding revenue at 27.9% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Energy).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 INVX Innovex International, Inc. R2K 26.71 35.61 $1.84B - 11.70% 5.16% 27.93% 9.60%
2 XOM Exxon Mobil Corporation SPX 145.26 24.45 $602.10B 2.84% 11.12% 9.87% -6.69% -19.72%
3 CVX Chevron Corporation SPX 182.46 31.73 $363.39B 3.90% 7.21% 6.64% -7.85% -29.74%
4 COP ConocoPhillips SPX 113.98 19.32 $138.86B 2.95% 12.63% 11.28% -9.11% -24.66%
5 WMB The Williams Companies, Inc. SPX 71.39 31.31 $87.31B 2.94% 9.66% 19.66% 2.91% 8.51%
6 SLB SLB N.V. SPX 54.55 24.03 $81.56B 2.16% 12.08% 14.07% 8.33% -0.65%
7 VLO Valero Energy Corporation SPX 244.82 17.88 $72.70B 1.96% 8.12% 15.85% -11.40% -41.16%
8 MPC Marathon Petroleum Corporation SPX 248.77 16.37 $72.63B 1.57% 13.11% 27.46% -9.23% -34.67%
9 EOG EOG Resources, Inc. SPX 133.38 13.13 $71.04B 3.06% 14.00% 18.20% -8.51% -13.74%
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Quarterly Results

Figures in USD.

Metric Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue ----------88.51M82.72M80.79M-83.91M93.81M99.73M-86.37M83.88M84.23M-73.25M73.40M73.18M73.14M81.58M78.95M--139.09M128.00M130.30M-250.69M240.41M224.23M240.00M273.60M239.03M
Cost of Revenue ----------------------------------165.82M163.91M152.51M-194.49M154.52M
Gross Profit 93.27M93.28M73.47M62.56M46.01M28.30M36.79M40.37M37.30M35.62M25.69M19.32M22.14M23.90M24.94M29.94M32.20M32.71M24.58M23.51M24.08M23.10M------------84.87M76.50M71.72M-79.11M84.51M
Operating Expenses ----------------------------------50.32M47.29M43.81M-47.50M57.97M
Operating Income 64.25M60.31M49.34M45.22M22.93M-4.63M-870.00K-1.11M-62.05M-5.11M-6.28M-3.75M-14.08M-98.63M-5.60M2.12M222.00K6.06M-42.32M-7.50M-2.10M-11.63M-31.58M-14.66M-6.94M-5.59M-3.87M12.43M3.19M3.61M23.98M22.31M13.07M-34.55M29.21M27.91M62.28M31.62M26.54M
EBITDA ----------------------------------42.38M47.09M40.80M-46.35M46.04M
Interest Expense ---------------------------------729.00K375.00K700.00K551.00K-654.00K-
Pretax Income ----------------------------------27.41M21.36M22.24M-26.97M-21.59M
Tax Provision -----------------------------------4.38M6.61M6.89M-13.00M-4.92M
Net Income 50.78M48.35M36.77M36.14M19.01M1.30M94.00K15.00K-29.26M-71.49M-7.38M-3.04M-10.36M-74.91M-6.05M1.68M-1.31M7.40M-19.70M-14.14M14.33M-11.25M-34.36M-19.07M-11.14M-8.94M-5.57M13.29M2.31M3.48M15.37M16.42M9.53M-31.79M14.76M15.35M39.23M13.97M-16.67M
Diluted EPS 1.321.280.970.960.510.030.000.00-0.780.03-0.20-0.08-0.28-2.02-0.170.05-0.040.21-0.55-0.400.41-0.33-0.97-0.54-0.31-0.26-0.160.380.070.100.480.510.30-0.470.210.220.570.20-0.24

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue ----------337.47M375.30M334.41M-467.19M555.54M660.80M978.25M
Cost of Revenue --------------309.07M360.10M428.17M674.97M
Gross Profit --------------158.12M195.44M232.63M303.28M
Operating Expenses --------------77.66M95.46M147.39M189.53M
Operating Income 141.71M142.04M138.71M129.64M161.69M223.54M278.75M248.84M112.86M-69.14M-122.74M2.80M-63.56M-80.45M99.98M85.24M113.75M
EBITDA --------------101.92M129.93M184.77M204.35M
Interest Expense --------------4.03M5.51M2.43M2.58M
Pretax Income --------------72.93M94.37M142.81M128.53M
Tax Provision --------------9.65M20.44M2.49M45.23M
Net Income 105.58M105.14M102.23M95.27M119.21M169.83M208.71M192.01M93.22M-100.64M-95.69M1.72M-30.77M-63.28M73.93M140.32M83.30M
Diluted EPS 2.622.662.552.362.944.165.194.982.47-2.69-2.580.05-0.87-4.054.732.771.20
R&D Expense --------------2.50M3.00M3.70M6.70M

Compounded Sales Growth

5 Years:27.93%
1 Year:-0.60%

Compounded Profit Growth

5 Years:9.60%
1 Year:-

Stock Price Performance

1 Year:+93.55%
6 Months:+18.66%
3 Months:+1.37%
1 Month:-5.28%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --817.25M948.55M1.09B1.25B1.40B1.45B1.43B1.46B1.40B1.19B1.21B1.15B-436.29M475.30M1.20B1.27B
Current Assets ---------------282.39M288.27M641.39M728.05M
Cash & Equivalents 201.73M95.95M197.79M245.85M298.58M257.19M384.36M298.70M381.34M423.50M493.18M418.10M398.95M345.95M-8.42M7.41M73.28M203.41M
Inventory ---------------136.66M141.19M271.17M248.43M
Receivables ---------------123.75M107.22M275.11M229.67M
Total Liabilities --112.16M120.54M160.61M165.01M154.79M204.06M103.79M104.98M105.34M96.35M115.86M109.64M-185.01M146.38M239.33M210.61M
Current Liabilities --104.62M111.33M151.00M155.09M149.44M198.64M100.81M101.48M99.91M81.54M96.94M85.51M-85.02M78.62M162.66M148.16M
Long Term Debt --316.00K58.00K----------31.24M76.40M35.25M20.02M-
Total Debt ---------------114.58M84.91M91.07M79.29M
Total Equity 592.50M559.45M705.09M828.01M925.24M1.07B1.24B1.25B1.32B1.36B1.29B1.10B1.09B1.04B-251.28M328.92M958.16M1.06B
Shares Outstanding ---------------66.64M66.64M69.18M69.08M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 40.68M136.41M107.16M101.85M-8.16M162.23M149.31M190.16M246.52M107.99M45.50M14.68M-21.09M--5.81M75.86M93.44M190.91M
Investing Cash Flow -49.53M-44.33M-72.95M-54.19M-49.00M-41.87M-41.57M-26.66M-157.85M-44.89M-15.17M-8.47M-5.63M--37.52M-32.43M78.44M-18.74M
Financing Cash Flow -100.08M13.44M14.63M5.10M12.26M3.37M-186.83M-73.56M-21.89M560.00K-99.20M-24.57M-25.18M-42.28M-44.56M-103.07M-44.92M
Capital Expenditure -50.13M-44.75M-74.81M-56.21M-50.77M-42.63M-42.55M-27.08M-25.76M-27.62M-32.06M-11.50M-11.94M--9.57M-15.49M-13.59M-35.13M
Free Cash Flow -9.46M91.66M32.34M45.64M-58.93M119.60M106.76M163.08M220.76M80.37M13.44M3.18M-33.03M--15.39M60.38M79.84M155.78M
Net Change in Cash ---------------1.05M-1.13M68.81M127.25M
Share Buybacks 100.04M----10.00M190.23M75.81M24.23M0100.00M26.57M25.00M24.19M20.81M0--
Dividends Paid --------------0074.98M0

Ratios (Annual)

Figures in %.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % --------------33.8%35.2%35.2%31.0%
Operating Margin % -----------36.4%0.7%-19.0%-17.2%18.0%12.9%11.6%
Net Margin % -----------28.4%0.5%-9.2%-13.5%13.3%21.2%8.5%
ROE % 18.9%14.9%12.3%10.3%11.2%13.7%16.8%14.5%6.9%-7.8%-8.7%0.2%-3.0%-25.2%22.5%14.6%7.9%
ROCE % -19.9%16.6%13.9%14.8%17.9%22.3%18.7%8.3%-5.3%-11.0%0.3%-6.0%-22.9%25.2%8.2%10.2%

Shareholding Pattern

Insiders
1.71%
Institutions
109.00%
Public Float
110.90%

Top Institutional Holders

#Holder% HeldSharesValue
1 Brandes Investment Partners L.P. 9.57% 6.58M $175.84M
2 Blackrock Inc. 8.78% 6.04M $161.26M
3 Wellington Management Group, LLP 5.31% 3.65M $97.58M
4 Vanguard Portfolio Management LLC 3.89% 2.68M $71.53M
5 Dimensional Fund Advisors LP 3.85% 2.65M $70.68M
6 Vanguard Capital Management LLC 2.81% 1.93M $51.58M
7 Gamco Investors, Inc ET AL 2.52% 1.73M $46.33M
8 State Street Corporation 2.50% 1.72M $45.84M
9 Driehaus Capital Management, LLC 2.23% 1.54M $41.03M
10 FMR, LLC 1.92% 1.32M $35.23M

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