Innovex International, Inc.
INVXEnergyNASDAQOil & Gas Equipment & Services · Last scanned Jul 18, 2026
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Daily timeframeInnovex International, Inc. designs, manufactures, sells, and rents mission critical engineered products to the oil and natural gas industry worldwide. With a market capitalization of $1.80B, it sits in small-cap territory. 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.
Market Cap
$1.80B
Beta
—
P/E (TTM)
34.37
P/E (Fwd)
13.20
EPS (TTM)
$0.75
EPS (Fwd)
$1.95
ROE
5.2%
ROA
5.7%
Cash
$208.2M
Total Debt
$76.2M
Free CF
$135.3M
52W Change
64.6%
Annual Financials
Cash vs Debt
Innovex International, Inc. holds $208.2M in cash against $76.2M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Annual free cash flow of $135.3M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of 5.2% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 5.7% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $467.2M (2022) to $978.3M (2025), reflecting a 109% increase over the period.
The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Innovex International, Inc.'s trajectory.