|INVX Overview
INVX

Innovex International, Inc.

Industrials • CIK: 0001042893

Loading...

Market Cap
$1.51B
P/E (TTM)
18.1x
Rev Growth (TTM)
-99.6%
Net Margin (TTM)
9255.3%
FCF Yield (TTM)
12.6%
FCF Margin (TTM)
21212.4%

LATEST EARNINGS

Q4 FY2025
11 days ago
View source
Revenue
$273.60B
+9.1%
Net Income
$13.97B
-56.1%
EPS
$0.20
-57.5%
Operating
9.4% -1.3%
Net
5.1% -7.6%
  • Revenue of $274 million for Q4, up 14% quarter over quarter.
  • Net Cash Provided by Operating Activities of $52 million for Q4.
  • Free Cash Flow of $43 million for Q4 and $156 million for full year 2025.
  • $203 million of cash and cash equivalents and no bank debt at year end.

Cash Flow Health

Free Cash Flow8/8 positive
TTM$191M
Q4 '25
$52M+8%
Q3 '25
$48M-18%
FCF Margin
TTM21212.4%
Q4 '2552238.0%+8%
Sector: 5.4%Top 10%
OCF Margin21212.4%
OCF/NI2.29x
CapEx Coverage
FCF Yield12.6%
FCF Growth (2Y)
Cash Conversion Cycle
92985 days
DSO: 92876+DIO: 146DPO: 37

Capital Allocation & Returns

Growth Focused
Total Shareholder YieldTTM
TTM0.6%
Div Yield0.0%
+
Buyback (TTM)0.6%

Prioritizing reinvestment over distributions

Dividend & Payout Metrics
Dividend Yield (TTM)0.0%
Free Cash Flow (TTM)$190.9M
Stock Repurchases (TTM)$9.3M
Capital Return / FCF4.9%
Est. Dividends Paid (TTM)$0
Shows how management rewards shareholders

Operational Efficiency & Returns

Return on Invested CapitalTTM
8.4%
Moderate
+0.0% YoY+6.0%
P25MedianP75
75th pctl (med: 0.1%)
DuPont BreakdownROIC = Margin × Turn × (1+D/E)
NOPAT Margin
9550.3%
8Q: 4473.2%
Asset Turnover
0.00x
8Q: 0.00x
Leverage (1+D/E)
1.02x
D/E: 0.02x
DuPont: 7.1%8.4% ROIC
Asset & CapEx Efficiency
Fixed Asset Turn
0.01x
8Q:0.01x
-212.9%
Invested Cap Turn
0.00x
8Q:0.00x
-52.3%
Asset-based ROIC formula

QUARTERLY TRENDS

Last 8 quarters + TTM

MetricTTMQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024
Revenue
$900.0K
$100.0K0.0%
$100.0K75.0%
$400.0K33.3%
$300.0K25.0%
$400.0K50.0%
$800.0K99.3%
$120.3M9.1%
$110.3M
Operating Income
$132.6M
$25.8M58.6%
$62.3M174.4%
$22.7M3.9%
$21.9M18.8%
$26.9M303.6%
$-13.2M201.1%
$13.1M41.4%
$22.3M
Net Income
$83.3M
$14.0M64.4%
$39.2M155.6%
$15.3M4.0%
$14.8M53.6%
$31.8M61.5%
$82.6M766.2%
$9.5M41.9%
$16.4M
Operating Cash Flow
$190.9M
$52.2M8.0%
$48.4M18.3%
$59.2M90.4%
$31.1M14.5%
$36.3M67.3%
$21.7M4.6%
$22.8M80.6%
$12.6M
Free Cash Flow
$190.9M
$52.2M8.0%
$48.4M18.3%
$59.2M90.4%
$31.1M14.5%
$36.3M67.3%
$21.7M30.8%
$16.6M111.7%
$7.8M
Total Equity
N/A

Valuation Analysis

Fair Value
Price-to-EarningsTTM
18.1x
Volatile
8Q: 64.3x+2597%
Valuation Lenses
Earnings
18.1x
vs sector
Cash Flow
7.5x
EV/FCF vs
Growth-Adj
PEG
N/A
Quality-Adj
2.2P/E per %ROIC
ROIC: 8.4%
Shareholder Returns
Dividend
Buyback
0.6%
Total Yield
0.6%
Market Cap$1.51B
EV$1.42B
Multi-angle valuation analysis with sector context

Business Quality & Moat

Overall Quality Score
67/100
High Quality

Composite score: Returns (40%) + Consistency (30%) + Earnings Quality (30%)

Returns on Capital

Return on Equity (ROE)Below Avg
8.3%
8Q:
Return on Invested Capital (ROIC)Top 25%
8.4%
8Q:
+6.0%
vs Sector:0.1%

DuPont Analysis (ROIC = NOPAT Margin × Asset Turnover)

NOPAT Margin: 9550.3%
Asset Turnover: 0.00x

Earnings Quality

Cash Conversion

2.29x

OCF / Net Income

FCF Consistency

Positive quarters

Competitive Moat Indicators

Pricing Power

Gross Margin-74896.8%

Capital Efficiency

Invested Capital Turnover0.00x

Working Capital

Cash Conversion Cycle92985 days

Growth Quality & Momentum

Low Quality
Growth Quality Score
30/100
Growth 40%
Margins 30%
FCF 20%
Consistency 10%

Growth Rates

Revenue Growth YoY
-99.6%
OpInc Growth YoY
-4.1%
EPS Growth YoY
-51.8%
FCF 3Y CAGR
N/A

Growth Quality Analysis

Sustainability Index: 3.0/10 - Growth sustainability concerns

Margin Quality & Sustainability

Low Quality
Profitability Cascade
Gross
-74896.8%
Operating
14736.1%
Top 25% in sector
Net
9255.3%
Margins Unknown
Earnings Quality Signals
SBC / Revenue
FCF vs Net Gap
+11957.1 pts
FCF: 21212.4% | Net: 9255.3%

Quality = stability + cash conversion + low dilution

Balance Sheet & Solvency

Fortress
Net Debt / EBITDA
Net Cash
(0.0x)Net Cash: $184.49M
Interest Coverage
+Net cash position: $184.49M
Leverage Metrics
Debt-to-Equity
0.02x
Balance sheet risk & solvency analysis