Innovex International, Inc

Innovex International, Inc

INVX · NYSE · Energy / Oil & Gas Equipment & Services

25.30USD+0.26 (+1.04%)

Price History

Full chart

Market Stats

Previous Close25.04
Open25.18
Day Range24.68 – 25.47
52-Week Range17.01 – 33.71
Volume251.20K
Market Cap1.99B
P/E (TTM)32.02
Forward P/E0.00
EPS0.89
Dividend Yield0.00%
Beta1.07
50-Day Avg28.86
200-Day Avg26.43

About

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.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Equipment & Services
  • CEOMr. Adam B. Anderson
  • Employees2.16K
  • Headquarters19120 Kenswick Dr, Humble, TX, United States, 77338, USA
  • Websitehttps://www.innovex-inc.com

Leadership

  • Mr. Adam B. AndersonCEO & Director · b. 1976
  • Mr. Kendal ReedChief Financial Officer
  • Mr. Mark ReddoutPresident of North America · b. 1964
  • Ms. Dawn HarringtonSenior Vice President of Human Resources & HSE
  • Mr. Ben GriffithSenior Vice President of Manufacturing & Supply Chain
  • Mr. John RaySenior Vice President of Middle East & Asia
  • Mr. Juan Carlos ArangoSenior Vice President of Latin America & Subsea Product Line
  • Mr. Steve ChauffeSenior Vice President of Europe, Caspian, and Africa
  • Mr. Todd StairSenior Vice President of Downhole Product Line

Financials

Income Statement

Currency: USD2004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue221.59M340.83M442.74M495.56M542.77M540.20M566.25M601.34M733.03M872.37M930.96M844.31M538.73M455.47M384.63M414.81M364.97M294.84M467.19M555.54M660.80M978.25M
Growth (%)-+53.81%+29.90%+11.93%+9.53%-0.47%+4.82%+6.20%+21.90%+19.01%+6.72%-9.31%-36.19%-15.46%-15.55%+7.85%-12.01%-19.22%+58.45%+18.91%+18.95%+48.04%
Cost of Revenue153.43M229.85M256.69M285.28M312.30M310.29M322.61M361.85M451.67M513.91M513.53M459.29M328.40M305.39M271.50M295.37M269.88M207.44M309.07M360.10M428.17M735.71M
Gross Profit68.15M110.98M186.05M210.28M230.47M229.91M243.64M239.49M281.37M358.47M417.43M385.02M210.33M150.07M113.13M119.44M95.09M87.40M158.12M195.44M232.63M242.54M
Gross Margin30.76%32.56%42.02%42.43%42.46%42.56%43.03%39.83%38.38%41.09%44.84%45.60%39.04%32.95%29.41%28.79%26.05%29.64%33.84%35.18%35.20%24.79%
Operating Expense50.48M61.78M65.17M74.89M88.76M87.87M90.27M109.86M119.67M134.92M143.18M140.09M123.07M158.41M144.46M113.75M113.79M73.32M82.27M98.16M183.56M128.79M
Operating Income17.68M49.20M120.88M135.38M141.71M142.04M153.37M129.64M161.69M223.54M274.25M244.94M87.26M-8.34M-31.33M5.69M-18.70M14.08M75.84M97.28M49.08M113.75M
Operating Margin7.98%14.43%27.30%27.32%26.11%26.29%27.09%21.56%22.06%25.62%29.46%29.01%16.20%-1.83%-8.15%1.37%-5.12%4.77%16.23%17.51%7.43%11.63%
EBITDA30.09M62.62M141.13M162.31M162.02M160.54M159.91M153.07M188.38M253.47M310.54M280.25M147.72M-24.67M-79.68M44.76M-29.04M33.59M101.92M129.93M184.77M191.85M
EBITDA Margin13.58%18.37%31.88%32.75%29.85%29.72%28.24%25.45%25.70%29.06%33.36%33.19%27.42%-5.42%-20.72%10.79%-7.96%11.39%21.82%23.39%27.96%19.61%
Net Income12.47M32.57M86.89M107.94M105.58M105.14M102.23M95.27M119.21M169.83M208.71M192.01M93.22M-100.64M-95.69M1.72M-30.77M9.85M63.28M73.93M140.32M83.30M
Net Income Margin5.63%9.56%19.63%21.78%19.45%19.46%18.05%15.84%16.26%19.47%22.42%22.74%17.30%-22.10%-24.88%0.41%-8.43%3.34%13.54%13.31%21.24%8.51%
R&D17.09M20.87M19.56M22.58M26.37M27.17M29.20M34.63M37.45M40.12M45.92M48.15M44.33M42.16M39.42M17.33M18.92M15.10M11.74M12.65M3.70M-
R&D as % of Total Revenue7.71%6.12%4.42%4.56%4.86%5.03%5.16%5.76%5.11%4.60%4.93%5.70%8.23%9.26%10.25%4.18%5.18%5.12%2.51%2.28%0.56%-
Interest Expense1.10M1.79M669.00K370.00K182.00K156.00K131.00K53.00K32.00K35.00K-----314.00K621.00K2.15M4.03M5.51M2.43M2.58M
Interest Expense % of Total Revenue0.50%0.52%0.15%0.07%0.03%0.03%0.02%0.01%0.00%0.00%-----0.08%0.17%0.73%0.86%0.99%0.37%0.26%

Balance Sheet

Currency: USD2004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets303.56M428.26M594.93M699.82M680.61M817.25M948.55M1.09B1.23B1.39B1.45B1.43B1.46B1.40B1.19B1.21B1.15B284.89M436.29M475.30M1.20B1.27B
Total Liabilities87.20M98.80M127.44M107.33M121.16M112.16M120.54M160.61M165.01M152.59M204.06M103.79M104.98M105.34M96.35M115.86M109.64M104.34M185.01M146.38M239.33M210.61M
Total Equity216.36M329.46M467.50M592.50M559.45M705.09M828.01M925.24M1.07B1.24B1.25B1.32B1.36B1.29B1.10B1.09B1.04B180.55M251.28M328.92M958.16M1.06B
Cash5.16M32.76M135.43M201.73M95.95M197.79M245.85M298.58M257.19M384.36M298.70M381.34M423.50M493.18M418.10M398.95M345.95M9.74M8.42M7.41M73.28M203.41M
Total Debt28.76M3.67M3.40M2.91M1.36M865.00K326.00K57.00K-------5.57M7.19M39.22M114.58M84.91M91.07M120.27M
Net Debt23.61M-29.09M-132.03M-198.82M-94.59M-196.93M-245.52M-298.52M-257.19M-384.36M-298.70M-381.34M-423.50M-493.18M-418.10M-393.38M-338.77M29.48M106.17M77.50M17.79M-83.13M

Cash Flow

Currency: USD2004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow25.34M-16.89M93.00M82.66M40.68M136.41M107.16M101.85M-8.16M162.23M149.31M190.16M246.52M107.99M45.50M14.68M-21.09M-2.02M-5.81M75.86M93.44M190.91M
Investing Cash Flow-16.84M-19.21M-23.29M-24.85M-49.53M-44.33M-72.95M-54.19M-49.00M-41.87M-41.57M-26.66M-157.85M-44.89M-15.17M-8.47M-5.63M-22.06M-37.52M-32.43M78.44M-18.74M
Financing Cash Flow-10.84M62.96M37.33M10.16M-100.08M13.44M14.63M5.10M12.26M3.37M-186.83M-73.56M-21.89M560.00K-99.20M-24.57M-25.18M10.05M42.28M-44.56M-103.07M-44.92M
Capital Expenditure17.06M20.56M24.13M25.21M50.13M44.75M74.81M56.21M50.77M42.63M42.55M27.08M25.76M27.62M32.06M11.50M11.94M6.44M9.57M15.49M13.59M35.13M
Free Cash Flow8.28M-37.45M68.87M57.45M-9.46M91.66M32.34M45.64M-58.93M119.60M106.76M163.08M220.76M80.37M13.44M3.18M-33.03M-8.47M-15.39M60.38M79.84M155.78M
Dividends Paid------------------0074.98M0
FCF to OCF32.67%221.72%74.05%69.51%-23.25%67.20%30.18%44.81%722.29%73.72%71.50%85.76%89.55%74.42%29.54%21.64%156.63%418.17%264.77%79.59%85.45%81.60%
Dividend Paid to FCF------------------0.00%0.00%93.91%0.00%

Earnings

Report DateMar 31, 1998Jun 30, 1998Sep 30, 1998Dec 31, 1998Mar 31, 1999Jun 30, 1999Sep 30, 1999Dec 31, 1999Mar 31, 2000Jun 30, 2000Sep 30, 2000Dec 31, 2000Mar 31, 2001Jun 30, 2001Sep 30, 2001Dec 31, 2001Mar 31, 2002Aug 1, 2002Oct 31, 2002Feb 28, 2003May 7, 2003Aug 1, 2003Oct 30, 2003Feb 27, 2004Apr 30, 2004Jul 30, 2004Oct 28, 2004Mar 2, 2005Apr 28, 2005Aug 2, 2005Nov 3, 2005Mar 1, 2006May 3, 2006Aug 1, 2006Nov 2, 2006Feb 27, 2007May 1, 2007Aug 2, 2007Nov 1, 2007Feb 29, 2008May 9, 2008Aug 7, 2008Nov 10, 2008Feb 27, 2009May 8, 2009Aug 7, 2009Nov 6, 2009Feb 26, 2010May 7, 2010Aug 6, 2010Nov 4, 2010Feb 28, 2011May 9, 2011Aug 5, 2011Nov 4, 2011Feb 27, 2012May 7, 2012Aug 6, 2012Nov 9, 2012Feb 28, 2013May 3, 2013Aug 2, 2013Nov 1, 2013Feb 28, 2014May 9, 2014Jul 30, 2014Oct 31, 2014Feb 27, 2015Apr 30, 2015Jul 30, 2015Oct 29, 2015Feb 25, 2016Apr 26, 2016Jul 29, 2016Oct 27, 2016Feb 28, 2017Apr 27, 2017Jul 28, 2017Oct 27, 2017Feb 27, 2018Apr 27, 2018Jul 27, 2018Oct 26, 2018Feb 27, 2019Apr 26, 2019Jul 26, 2019Oct 25, 2019Feb 28, 2020May 7, 2020Jul 31, 2020Oct 30, 2020Feb 26, 2021Apr 29, 2021Jul 30, 2021Oct 29, 2021Feb 24, 2022Apr 29, 2022Jul 29, 2022Oct 28, 2022Feb 28, 2023May 9, 2023Aug 1, 2023Oct 27, 2023Feb 27, 2024May 3, 2024Aug 2, 2024Nov 7, 2024Feb 24, 2025May 6, 2025Aug 5, 2025Nov 3, 2025Feb 24, 2026May 4, 2026Aug 3, 2026Nov 2, 2026
EPS Estimate------------------------------------------------------------------------------------------------------0.100.18-0.070.140.180.230.320.280.290.310.250.300.37
EPS Actual0.120.130.130.130.090.080.090.080.070.080.080.080.080.090.090.090.080.070.070.040.060.060.070.070.070.080.090.110.120.190.270.320.430.530.580.610.590.590.670.780.620.680.690.640.630.680.630.720.640.700.690.520.540.550.580.700.710.740.730.760.981.050.981.151.041.271.401.501.381.011.321.270.970.960.510.030.000.00-0.78-1.87-0.20-0.08-0.28-2.09-0.170.05-0.040.20-0.55-0.400.41-0.32-0.97-0.54-0.31-1.80-0.26-0.160.44-0.010.070.10-0.150.04-0.620.100.250.470.650.650.230.240.340.36-
Surprise-------------------------------------------------------------------------------------------------------250.00%-77.78%-853.85%-25.93%38.89%104.91%103.13%132.14%-20.69%-20.22%36.00%20.00%-
Timing----------------------------------------------------------------------------------------------------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap1.99B
Enterprise Value1.84B
Trailing P/E32.02
Forward P/E0.00
Price / Sales2.00
Price / Book1.88
EPS0.89
Book Value15.37
Revenue (TTM)997.53M
Gross Profit (TTM)323.21M
EBITDA174.77M
Profit Margin6.17%
Operating Margin11.58%
Return on Equity5.99%
Return on Assets5.46%
Shares Outstanding69.94M
Shares Float51.16M
Beta1.07
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Sell
Based on 1 analystsTarget 33.40
  • Sell
    1

Ownership Breakdown

Institutions
87.48%
Insiders
1.57%
Retail / Other
10.95%

Top Institutional Holders

  • BlackRock Inc
    6.04M8.63%
  • Brandes Investment Partners & Co
    5.73M8.19%
  • Dimensional Fund Advisors, Inc.
    2.87M4.11%
  • Wellington Management Company LLP
    2.69M3.84%
  • Vanguard Portfolio Management, LLC
    2.68M3.83%
  • Vanguard Capital Management, LLC
    1.93M2.76%
  • State Street Corp
    1.72M2.45%
  • Gamco Investors, Inc. Et Al
    1.71M2.44%
  • Driehaus Capital Management LLC
    1.54M2.20%
  • FMR Inc
    1.32M1.89%
  • American Century Companies Inc
    1.07M1.54%
  • Van Eck Associates Corporation
    1.03M1.47%
  • Geode Capital Management, LLC
    941.93K1.35%
  • Victory Capital Management Inc.
    828.85K1.19%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    2.34M3.35%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.55M2.22%
  • iShares Russell 2000 ETF
    1.16M1.66%
  • Vanguard Small Cap Index
    1.13M1.61%
  • Avantis US Small Cap Value ETF
    1.10M1.57%
  • Brandes Global Small Cap Equity Cl F
    944.74K1.35%

Stock Splits

  • Oct 6, 20062:1