Innovex International, Inc.

INVXNYSEEnergy● Active

$28.73

+$1.94(+7.24%)

Market Cap$2.0B

P/E Ratio—

52W High$32.25

52W Low$14.65

Avg Volume482K

Open$27.92

Beta0.82

Overview

Innovex International, Inc. (INVX) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

INVX · free cash flow · updated Jun 8, 2026

Core FCF metrics

INVX · FCF · TTM · margin & CAGR

Free cash flow was $155.8M for FY2025 (fiscal year ending 2025-12-31), up 95.1% year-over-year The FCF margin was 15.9%.

FY2025 Free Cash Flow$155.8M▲ +95.1% YoY

Trailing 12M (TTM)$145.8Mtrailing 4 quarters sum

FCF Margin15.9%$155.8M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

INVX · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$190.9M(35M)$155.8M▲ +95.1%15.9%

FY2024$93.4M(14M)$79.8M▲ +32.2%12.1%

FY2023$75.9M(15M)$60.4M▲ +492.4%10.9%

FY2022−$5.8M(10M)−$15.4M▼ 81.7%-3.3%

FY2021−$2.0M(6M)−$8.5M▲ +74.4%-2.9%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

INVX · P/FCF · FCF yield · FCF per share

Innovex International, Inc. (INVX) trades at a FCF yield of 7.38% and a price-to-free-cash-flow ratio of 13.6x. FCF per share stands at $2.11, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

7.38%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$2.11

TTM FCF ÷ Shares Outstanding

Price / FCF

x13.6

Share Price ÷ FCF per Share

EV / FCF (TTM)

x12.7

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

INVX · cash flow statement · operating / investing / financing

For FY2025, Innovex International, Inc. generated $190.9M in operating cash flow and spent 35M in capital expenditures, yielding $155.8M in free cash flow.

Operating Activities

+$190.9M

Cash from core business operations

2025-12-31

Investing Activities

−$18.7M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$44.9M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($190.9M) − |CapEx| (35M) = FCF ($155.8M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Energy)

INVX vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Innovex International, Inc.YOU

INVX

$155.8M+95.1%15.9%

Exxon Mobil Corporation

Energy · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Innovex International, Inc. (INVX) reported free cash flow of $155.8M for FY2025 (fiscal year ending 2025-12-31), up 95.1% year-over-year. The FCF margin was 15.9%.

Based on available data, Innovex International, Inc. has maintained positive free cash flow for at least 11 fiscal year(s). FCF peaked at $220.8M in FY2016.

Innovex International, Inc.'s FCF yield is 7.38% and price-to-FCF ratio is 13.6x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

INVX free cash flow · 8 questions

Innovex International, Inc. free cash flow was $155.8M for FY2025, up 95.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $145.8M.

INVX free cash flowINVX FCFINVX FCF 2025INVX free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Innovex International, Inc. · Innovex International, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026