Innovex International (INVX) Asset Utilization Ratio (2010 - 2026)
Innovex International (INVX) reported Asset Utilization Ratio of 0.76 for Q1 2026, up 18.31% on a YoY basis from 0.65 in Q1 2025, and down 1.46% quarter-over-quarter from 0.78 in Q4 2025.
Innovex International (INVX) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Innovex International has reported Asset Utilization Ratio for 17 years, with the latest figure at 0.76 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio rose 18.31% year-over-year to 0.76; the trailing twelve-month figure through Mar 2026 stood at 0.76 (up 18.31% YoY), and the FY2025 full-year result was 0.79, changed 0.43% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.76, down from 0.78 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.78 in Q4 2025, with the low at 0.31 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 0.56 across 5 years, with a median of 0.52 in 2023.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio surged 66.1% — and 2024, when it decreased 7.12%.
- Innovex International's Asset Utilization Ratio stood at 0.48 in 2022, then increased by 26.69% to 0.61 in 2023, then declined by 7.12% to 0.57 in 2024, then soared by 36.77% to 0.78 in 2025, then decreased by 1.46% to 0.76 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.76 (Q1 2026), 0.78 (Q4 2025), and 0.77 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 83.64 Bn | 81.43 Bn | 4.67 Bn | 0.51 |
| 2 | Baker Hughes | 63.03 Bn | 48.45 Bn | 1.51 Bn | 0.61 |
| 3 | Halliburton | 33.15 Bn | 31.20 Bn | 2.04 Bn | 0.88 |
| 4 | TechnipFMC | 27.40 Bn | 26.13 Bn | 1.49 Bn | 1.01 |
| 5 | Enerflex | 8.81 Bn | 8.75 Bn | - | 0.22 |
| 6 | Nov | 7.52 Bn | 6.24 Bn | 119.00 Mn | 0.77 |
| 7 | Weatherford International | 7.29 Bn | 6.24 Bn | 876.00 Mn | 0.95 |
| 8 | Archrock | 6.12 Bn | 6.11 Bn | 247.42 Mn | 0.35 |
| 9 | Kodiak Gas Services | 5.77 Bn | 5.68 Bn | 222.88 Mn | 0.30 |
| 10 | Innovex International | 1.97 Bn | 1.77 Bn | 84.51 Mn | 0.76 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.76 |
| Dec 31, 2025 | 0.78 |
| Sep 30, 2025 | 0.77 |
| Jun 30, 2025 | 0.72 |
| Mar 31, 2025 | 0.65 |
| Dec 31, 2024 | 0.57 |
| Sep 30, 2024 | 0.51 |
| Jun 30, 2024 | 0.52 |
| Mar 31, 2024 | 0.65 |
| Dec 31, 2023 | 0.61 |
| Sep 30, 2023 | 0.52 |
| Jun 30, 2023 | 0.48 |
| Mar 31, 2023 | 0.49 |
| Dec 31, 2022 | 0.48 |
| Sep 30, 2022 | 0.35 |
| Jun 30, 2022 | 0.34 |
| Mar 31, 2022 | 0.31 |
| Dec 31, 2021 | 0.29 |
| Sep 30, 2021 | 0.28 |
| Jun 30, 2021 | 0.30 |