15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 23.9% per year over the past 5 years.
Operating margin has expanded, at 13.6% in the latest year.
Free cash flow has grown 26.3% per year over the past 5 years.
Financial health
Operating income covered interest expense 51× in the latest year, up from -102.3× 5 years ago.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$978M
$83M
31.0%
13.6%
7.9%
6.6%
—
—
$203M
2024
$661M
$140M
35.2%
7.4%
14.6%
11.7%
—
$25M
$73M
2023
$556M
$74M
35.2%
17.5%
22.5%
15.6%
$43M
—
$7M
2022
$467M
$63M
33.8%
16.2%
25.2%
6.5%
-$25M
—
$265M
2021
$288M
-$128M
-7.4%
-43.5%
-71.2%
-12.7%
$28M
—
$355M
2020
$334M
-$31M
19.4%
-19.0%
-3.0%
-2.7%
-$33M
—
$346M
2019
$375M
$2M
21.4%
0.7%
0.2%
0.1%
$3M
—
$399M
2018
$337M
-$96M
13.0%
-36.4%
-8.7%
-8.0%
$13M
—
$418M
2017
—
-$101M
—
—
-7.8%
-7.2%
$80M
—
$493M
2016
—
$93M
—
—
6.9%
6.4%
$221M
—
$423M
2015
—
$192M
—
—
14.5%
13.4%
$163M
—
—
2014
—
$209M
—
—
16.8%
14.4%
$107M
—
—
2013
—
$170M
—
—
13.7%
12.2%
$120M
—
—
2012
—
$119M
—
—
11.2%
9.5%
-$59M
—
—
2011
—
$95M
—
—
10.3%
8.8%
$46M
$57000
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$245M
$25M
34.2%
13.8%
2.4%
1.9%
—
—
$222M
Mar '26
$239M
-$17M
35.4%
-9.1%
-1.6%
-1.3%
—
—
$201M
Dec '25
$274M
$14M
28.9%
9.4%
1.3%
1.1%
—
—
$203M
Sep '25
$240M
$39M
31.6%
26.0%
3.8%
3.1%
—
—
$163M
Jun '25
$224M
$15M
32.0%
10.1%
1.5%
1.3%
—
—
$69M
Mar '25
$240M
$15M
31.8%
9.1%
1.5%
1.2%
—
—
$68M
Dec '24
$251M
$32M
33.9%
10.7%
3.3%
2.7%
—
$25M
$73M
Sep '24
$152M
$83M
34.7%
-8.7%
9.1%
7.3%
—
—
$100M
Jun '24
$130M
$10M
35.3%
10.0%
2.7%
0.9%
$17M
—
$189M
Mar '24
$128M
$16M
38.4%
17.4%
4.8%
1.6%
$8M
—
$202M
Dec '23
$133M
$18M
36.4%
17.5%
5.6%
3.9%
$10M
—
$7M
Sep '23
$139M
$15M
35.9%
17.2%
5.0%
1.5%
$91M
—
$181M
Jun '23
—
$3M
—
—
1.2%
0.4%
$1M
—
$236M
Mar '23
—
$2M
—
—
0.3%
0.2%
-$58M
—
$235M
Dec '22
$86M
-$405000
22.9%
-2.9%
-0.2%
-0.0%
-$23M
—
$265M
Sep '22
$79M
$13M
16.8%
15.7%
1.5%
1.4%
-$9M
—
$290M
Jun '22
$82M
-$6M
14.6%
-4.7%
-0.6%
-0.6%
-$11M
—
$321M
Mar '22
$73M
-$9M
12.5%
-7.6%
-1.0%
-0.9%
-$13M
—
$338M
Dec '21
$68M
-$63M
10.1%
-105.3%
-35.1%
-6.3%
$3M
—
$355M
Sep '21
$73M
-$11M
14.1%
-9.5%
-1.1%
-1.0%
$7M
—
$375M
Valuation over time
How the market has priced INVX against its own fundamentals since 2024-09 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 13.9× (Sep '24) to 21.9× (Nov '26).
The price-to-sales ratio has risen from 1.8× (Sep '24) to 1.9× (Nov '26).
The dividend yield has fallen from 7.7% (Dec '24) to 4.9% (Nov '25).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is INVX growing its revenue and profit?
Over the past 5 years, Innovex International, Inc.'s revenue has grown 23.9% per year. These are computed facts, not advice.
How much debt does INVX have?
As of FY2025, Innovex International, Inc. reported — of total debt against $203M of cash; operating income covered interest expense 51×.
What is INVX's profit margin?
In FY2025, gross margin was 31.0%, operating margin 13.6%, and net margin 8.5%.
What is INVX's P/E ratio?
Innovex International, Inc.'s P/E (TTM) is 29.59 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the INVX stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 21.9× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.