Innovex International, Inc.

INVX Energy Oil & Gas Equipment & Services

In the quarter to June 2026, revenue grew 9.21%, EPS grew 63.6%, free cash flow fell 39.8% and total debt fell 38.4%, each against the same quarter a year earlier. Revenue growth for three consecutive years, operating cash flow growth for three.

28.03 0.64 +2.34%
Market cap
$1.9B
P/E
31.5×
Fwd P/E
12.0×
Dividend yield
—
F-score
6/9
Altman Z
6.28
Beneish M
−2.64
Dividend safety
n/a

Innovex International, Inc. (INVX) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Innovex International, Inc. (INVX) trades at a P/E ratio of 31.5×. Over the past ten years it has ranged from 0.0× (December 2022) to 962× (January 2020); the current reading is higher than 90% of that period. That is above the Oil & Gas Equipment & Services industry median of 22.5× and above the Energy sector median of 13.9×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 18.2× 335.44%
FY2024 4.2× (56.06%)
FY2023 9.5× (22.28%)
FY2022 12.3× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 938× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 24.8× 109.09%

Quarterly newest first

Period P/E ratio Change
Jun 2026 27.9× (14.31%)
Mar 2026 32.5× 78.44%
Dec 2025 18.2× 44.50%
Sep 2025 12.6× 136.58%
42 more quarters

Against its own ten years

Low 0.0× High 962×
Ten-year median 5.4×
Current reading's percentile 80

P/E ratio against peers

Company P/E ratio
NEXT NextDecade Corporation compare n/m
FLOC Flowco Holdings Inc. compare 11.7×
NESR National Energy Services Reunited compare 19.9×
LBRT Liberty Energy Inc. compare 22.1×
HOS Hornbeck Offshore Services Inc compare 25.4×
INVX Innovex International, Inc. 31.5×
RES RPC, Inc. compare 64.4×
WTTR Select Water Solutions, Inc. compare 69.0×
XPRO Expro Group Holdings N.V. compare 91.4×
Oil & Gas Equipment & Services industry median 22.5×
Energy sector median 13.9×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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