Is Innovex International (INVX) overvalued or fairly valued?

MarketChacha shows Innovex International's valuation in context — a trailing P/E of about 35.6, a forward P/E of about 13.9, a price-to-book of about 1.8 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Innovex International's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.21×) from reported figures — education, not a rating.

What is Innovex International's revenue?

Innovex International reported revenue of $978.3M for FY2025, with net profit of $83.3M, per official filings.

What is the share price of Innovex International (INVX)?

Innovex International last traded at $27.09 (+2.7% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

Innovex International

INVX · NYSE · Energy · United States

$27.09+2.7%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 7:34 PM

Snapshot

TickerINVX

ExchangeNYSE

SectorEnergy

IndustryOil & Gas Equipment & Services

CountryUnited States

Employees2,160

HeadquartersHumble, United States

Market cap$1.9B

P/E (TTM)35.6

P/B1.8

Volume191.45K

Websitewww.innovex-inc.com

Filings tracked5

About Innovex International

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.

Profile as reported by Yahoo Finance.

Who owns it

Insiders1.6%
Institutions98.4%
Public & other0.0%

304 institutional holders

As reported by Yahoo Finance.

Top holders

Brandes Investment Partners L.P.9.57%
Blackrock Inc.8.78%
Wellington Management Group, LLP5.31%
Vanguard Portfolio Management LLC3.89%
Dimensional Fund Advisors LP3.85%
Vanguard Capital Management LLC2.81%
Gamco Investors, Inc ET AL2.52%
State Street Corporation2.50%

Largest institutional holders, as reported by Yahoo Finance (as of 3/31/2026).

Forensic scorecard

Margin has compressed by about 4.8 points over the period — profitability is trending down.

Cash conversion1.21×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend13.3% → 8.5%

Margin has compressed by about 4.8 points over the period — profitability is trending down.

Return on equity7.9%

Latest ROE of 7.9% is on the low side — the business earns a modest return on shareholder capital.

Growth qualityrev 33% · PAT 6%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $251.6M · EPS 0.36

Est. earnings growth +53.6%

Next fiscal year

Rev $1.1B · EPS 1.95

Est. earnings growth +37.5%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

$15.5452-wk range$32.25

Delayed · as reported by Yahoo Finance

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Market cap

$1.9B

Day change

+2.7%

P/E (TTM)

35.6

Fwd P/E

13.9

P/B

1.8

Revenue (FY2025)

$978.3M

Net margin

8.5%

ROE

7.9%

Revenue CAGR (2y)

+32.7%

Profit CAGR (2y)

+6.1%

EPS (FY2025)

1.20

Net profit (FY2025)

$83.3M

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

Ask MarketChacha about INVX

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Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$978.3M	$83.3M	1.20	8.5%	7.9%
FY2024	$660.8M	$140.3M	2.77	21.2%	14.6%
FY2023	$555.5M	$73.9M	2.29	13.3%	22.5%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$239.0M	$-16.7M	-0.24	-7.0%
2025Q3	$240.0M	$39.2M	0.57	16.3%
2025Q2	$224.2M	$15.3M	0.22	6.8%
2025Q1	$240.4M	$14.8M	0.21	6.1%
2024Q3	$151.8M	$82.6M	1.99	54.4%
2024Q2	$130.3M	$9.5M	0.30	7.3%
2024Q1	$128.0M	$16.4M	0.51	12.8%
2023Q3	$139.1M	$15.4M	0.48	11.0%
2023Q2	—	$3.5M	0.10	—
2023Q1	—	$2.3M	0.07	—

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K/A — Unregistered equity sale
SEC7/1/2026
8-K — Unregistered equity sale
SEC6/15/2026material
8-K — Shareholder vote results
SEC5/11/2026material
10-Q filing
SEC5/5/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC5/4/2026material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.