Hornbeck Offshore Services Inc (HOS) vs Innovex International, Inc. (INVX)

Hornbeck Offshore Services Inc and Innovex International, Inc. are both Oil & Gas Equipment & Services companies. Hornbeck Offshore Services Inc and Innovex International, Inc. are of similar size ($2.0B and $1.8B). Hornbeck Offshore Services Inc trades at the lower P/E: 30.3× against 32.0×. Innovex International, Inc. grew revenue faster over the last twelve months: 15.0% against 10.3%. Innovex International, Inc. has the higher net margin (6.17% vs 2.93%) and the higher return on invested capital (7.26% vs 3.71%). Across the 22 metrics below, Innovex International, Inc. leads on 12 and Hornbeck Offshore Services Inc on 10.

Valuation

Metric HOS INVX Oil & Gas Equipment & Services median
P/E 30.33 32.02 24.78
P/S 0.89 1.97 1.28
P/B 0.76 1.85 1.85
Price to free cash flow 5.12 8.86 15.03
EV/EBITDA 3.24 9.98 8.93
EV/Sales 0.63 1.77 1.40
Earnings yield 3.30% 3.12% 3.12%
Free cash flow yield 19.52% 11.29% 5.01%

Profitability

Metric HOS INVX Oil & Gas Equipment & Services median
Gross margin 13.53% 32.40% 23.27%
Operating margin 5.42% 10.03% 9.34%
Net margin 2.93% 6.17% 4.69%
Free cash flow margin 17.39% 22.18% 5.05%
Return on equity 2.52% 5.99% 4.92%
Return on assets 1.51% 4.82% 2.37%
Return on invested capital 3.71% 7.26% 4.32%

Growth

Metric HOS INVX Oil & Gas Equipment & Services median
Revenue growth (TTM) 10.30% 15.03% 6.08%
EPS growth (last fiscal year) (41.67%) (56.68%) —
Revenue growth, 5-year CAGR 11.98% 21.80% 10.60%
Net income growth, 5-year CAGR 9.44% 0.00% 0.00%

Health

Metric HOS INVX Oil & Gas Equipment & Services median
Debt to equity 0.19 0.02 0.46
Current ratio 3.47 5.01 2.11
Net debt to EBITDA (0.54) (0.86) 0.76

Dividend

Metric HOS INVX Oil & Gas Equipment & Services median
Dividend yield — — 2.12%
Payout ratio 0.00 0.00 0.00

Size

Metric HOS INVX Oil & Gas Equipment & Services median
Market cap 1.84b 2.00b 1.81b

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