Innovex International Inc. | Small-cap | Energy

Financial Overview

Latest Annual: 2024

Income 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

Metric2024202320222021
Revenue660.8M555.5M467.2M294.8M
Cost of Goods Sold428.2M360.1M310.0M207.4M
Gross Profit232.6M195.4M157.2M87.4M
Operating Expenses116.2M72.8M62.1M55.6M
Operating Income85.2M100.0M76.6M14.1M
Pre-tax Income142.8M94.4M72.9M13.7M
Income Tax2.5M20.4M9.7M3.8M
Net Income140.3M73.9M63.3M9.9M
EPS (Diluted)$2.77$4.73$4.05$0.68

Income Statement Trend

Innovex Balance Sheet From 2021 to 2024

Metric2024202320222021
Assets
Current Assets641.4M288.3M282.4M192.9M
Non-Current Assets556.1M187.0M153.9M92.0M
Total Assets1.2B475.3M436.3M284.9M
Liabilities
Current Liabilities162.7M78.6M85.0M69.6M
Non-Current Liabilities76.7M67.8M100.0M34.8M
Total Liabilities239.3M146.4M185.0M104.3M
Equity
Total Shareholders Equity958.2M328.9M251.3M180.6M

Balance Sheet Composition

Innovex Cash Flow Statement From 2021 to 2024

Metric2024202320222021
Operating Activities
Net Income140.3M73.9M63.3M9.9M
Operating Cash Flow105.5M83.7M-5.7M-3.9M
Investing Activities
Capital Expenditures3.2M1.4M-8.6M136.0K
Investing Cash Flow92.0M-16.9M-37.5M-22.1M
Financing Activities
Dividends Paid-75.0M0--
Financing Cash Flow-106.4M-44.6M39.0M3.9M
Free Cash Flow79.8M60.4M-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

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
invx1.1B8.031.1421.21%17.93%8.46
Schlumberger Limited 45.3B11.362.3420.20%11.62%68.14
Baker Hughes Company 39.9B13.742.3418.04%10.51%35.01
Liberty Energy 2.1B8.411.0313.18%6.03%28.55
Solaris Energy 1.9B55.582.967.07%4.53%49.11
Flowco Holdings 1.7B24.280.3512.52%10.48%16.95

Financial data is updated regularly. All figures are in the company's reporting currency.