Innovex (INVX) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
660.8M
Gross Profit
232.6M
35.20%
Operating Income
85.2M
12.90%
Net Income
140.3M
21.24%
EPS (Diluted)
$2.77
Balance Sheet Metrics
Total Assets
1.2B
Total Liabilities
239.3M
Shareholders Equity
958.2M
Debt to Equity
0.25
Cash Flow Metrics
Operating Cash Flow
105.5M
Free Cash Flow
79.8M
Revenue & Profitability Trend
Innovex Income Statement From 2021 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Revenue | 660.8M | 555.5M | 467.2M | 294.8M |
| Cost of Goods Sold | 428.2M | 360.1M | 310.0M | 207.4M |
| Gross Profit | 232.6M | 195.4M | 157.2M | 87.4M |
| Operating Expenses | 116.2M | 72.8M | 62.1M | 55.6M |
| Operating Income | 85.2M | 100.0M | 76.6M | 14.1M |
| Pre-tax Income | 142.8M | 94.4M | 72.9M | 13.7M |
| Income Tax | 2.5M | 20.4M | 9.7M | 3.8M |
| Net Income | 140.3M | 73.9M | 63.3M | 9.9M |
| EPS (Diluted) | $2.77 | $4.73 | $4.05 | $0.68 |
Income Statement Trend
Innovex Balance Sheet From 2021 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Assets | ||||
| Current Assets | 641.4M | 288.3M | 282.4M | 192.9M |
| Non-Current Assets | 556.1M | 187.0M | 153.9M | 92.0M |
| Total Assets | 1.2B | 475.3M | 436.3M | 284.9M |
| Liabilities | ||||
| Current Liabilities | 162.7M | 78.6M | 85.0M | 69.6M |
| Non-Current Liabilities | 76.7M | 67.8M | 100.0M | 34.8M |
| Total Liabilities | 239.3M | 146.4M | 185.0M | 104.3M |
| Equity | ||||
| Total Shareholders Equity | 958.2M | 328.9M | 251.3M | 180.6M |
Balance Sheet Composition
Innovex Cash Flow Statement From 2021 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | 140.3M | 73.9M | 63.3M | 9.9M |
| Operating Cash Flow | 105.5M | 83.7M | -5.7M | -3.9M |
| Investing Activities | ||||
| Capital Expenditures | 3.2M | 1.4M | -8.6M | 136.0K |
| Investing Cash Flow | 92.0M | -16.9M | -37.5M | -22.1M |
| Financing Activities | ||||
| Dividends Paid | -75.0M | 0 | - | - |
| Financing Cash Flow | -106.4M | -44.6M | 39.0M | 3.9M |
| Free Cash Flow | 79.8M | 60.4M | -15.4M | -8.5M |
Cash Flow Trend
Innovex Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
8.03
Forward P/E
20.84
Price to Book
1.14
Price to Sales
1.43
PEG Ratio
20.84
Profitability Ratios
Profit Margin
17.93%
Operating Margin
12.15%
Return on Equity
21.21%
Return on Assets
11.72%
Financial Health
Current Ratio
4.34
Debt to Equity
8.46
Per Share Data
EPS (TTM)
$2.00
Book Value per Share
$14.11
Revenue per Share
$13.04
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| invx | 1.1B | 8.03 | 1.14 | 21.21% | 17.93% | 8.46 |
| Schlumberger Limited | 45.3B | 11.36 | 2.34 | 20.20% | 11.62% | 68.14 |
| Baker Hughes Company | 39.9B | 13.74 | 2.34 | 18.04% | 10.51% | 35.01 |
| Liberty Energy | 2.1B | 8.41 | 1.03 | 13.18% | 6.03% | 28.55 |
| Solaris Energy | 1.9B | 55.58 | 2.96 | 7.07% | 4.53% | 49.11 |
| Flowco Holdings | 1.7B | 24.28 | 0.35 | 12.52% | 10.48% | 16.95 |
Financial data is updated regularly. All figures are in the company's reporting currency.