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INVXInnovex International, Inc.
$25.57$1.8B
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  3. Financial Ratios
  4. Quarterly

Innovex International, Inc. (INVX) Quarterly Financial Ratios

Last 39 quarters of trend data · Energy · Oil & Gas Equipment & Services

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

EV/EBITDA has expanded 14.6% YoY to 9.1x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →21.31—27.348.1317.7521.387.431.84—————
——+267.9%+340.9%—————————
P/S Ratio1.791.761.391.341.201.300.951.00—————
—+35.5%+46.8%+33.2%—————————
P/B Ratio1.681.631.441.241.081.280.990.67—————
—+27.9%+45.1%+83.3%—————————
P/FCF11.2530.008.798.795.2012.988.287.60—————
—+131.1%+6.2%+15.6%—————————
EV / EBITDA9.579.107.656.616.827.945.83——————
—+14.6%+31.1%——————————
EV / EBIT14.6814.6713.035.1312.1814.308.711.80—————
—+2.5%+49.6%+185.0%—————————

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Innovex International, Inc.'s operating margin was 11.1% in Q1 2026, down 0.5 pp QoQ and up 2.0 pp YoY. Gross margin expanded 11.1% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin24.8%35.4%23.3%25.2%32.0%31.8%33.9%34.7%35.3%38.4%36.6%35.9%26.7%
—+11.1%-31.3%-27.3%-9.4%-17.0%-7.4%-3.3%+32.4%+37.4%+9.9%+41.0%+3.1%
Operating Margin11.6%11.1%11.6%10.4%10.1%9.1%10.7%-8.7%10.0%17.4%17.4%17.2%-2.9%
—+22.2%+7.6%+219.7%+0.9%-47.9%-38.5%-150.5%+451.9%+2650.6%+12.1%+674.6%-196.6%
Net Margin8.5%-7.0%5.1%16.3%6.8%6.1%12.7%54.4%7.3%12.8%13.9%11.0%3.9%
—-213.6%-59.7%-70.0%-6.5%-52.1%-8.5%+392.4%+88.2%+404.3%+22.3%-36.0%+165.6%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE8.3%-1.6%1.3%3.9%1.6%1.5%3.4%13.1%1.6%2.8%5.8%2.6%0.4%
—-204.7%-61.0%-70.7%-1.3%-44.9%-41.1%+407.7%+298.2%+577.7%+123.0%+47.5%+162.4%
ROA6.8%-1.3%1.1%3.2%1.3%1.2%2.7%10.3%1.3%2.2%3.8%2.1%0.4%
—-205.8%-59.4%-69.3%-0.9%-43.8%-28.8%+391.3%+258.5%+570.2%+86.0%+33.9%+162.4%
ROIC8.7%2.1%2.5%1.9%1.7%1.7%2.2%-1.6%1.8%3.1%4.3%3.4%-0.3%
—+27.1%+12.6%+221.5%-8.0%-46.4%-49.3%-145.5%+722.1%+3462.5%+34.9%+1075.1%-140.9%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Innovex International, Inc.'s Debt/EBITDA ratio is 1.8x, down from 2.6x last quarter — comfortably within a safe range. The current ratio has improved 17.4% YoY to 5.10x, strengthening the short-term liquidity position.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity0.110.070.110.080.100.080.100.080.160.020.260.340.01
—-12.6%+19.6%+0.5%-37.2%+330.5%-63.2%-76.6%+2199.9%+169.9%-43.4%+5950.0%+24.0%
Debt / EBITDA0.691.782.551.812.422.082.19—2.580.582.313.491.34
—-14.4%+16.4%—-6.1%+258.6%-5.1%—+92.2%-43.2%-48.5%+224.3%+89.0%
Current Ratio4.915.104.914.784.604.343.943.873.665.353.672.878.57
—+17.4%+24.6%+23.3%+25.8%-19.0%+7.5%+35.2%-57.3%-40.7%+10.4%-65.7%-2.8%
Quick Ratio3.243.383.242.932.692.492.282.171.843.791.871.516.70
—+35.8%+42.2%+34.7%+46.2%-34.2%+21.7%+44.1%-72.6%-47.3%+9.1%-77.8%-6.5%
Interest Coverage50.7868.4042.2386.6241.3631.5274.10110.7423.8330.9630.6616.33294.95
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 39 years · Updated daily

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INVX — Frequently Asked Questions

Quick answers to the most common questions about buying INVX stock.

What is Innovex International, Inc.'s quarterly P/E ratio trend?

Innovex International, Inc.'s current P/E is 21.3x. The average P/E over the last 3 quarters is 17.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Innovex International, Inc.'s margins change by quarter?

Innovex International, Inc.'s current operating margin is 11.6%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at INVX quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Innovex International, Inc.'s business trajectory between earnings reports.