Innovex International (INVX) Asset Utilization Ratio (2010 - 2026)
Innovex International's (INVX) quarterly Asset Utilization Ratio came in at 0.76 in Q1 2026, up 18.31% YoY from 0.65 in Q1 2025, and down 1.46% on a QoQ basis from 0.78 in Q4 2025.
Innovex International (INVX) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Innovex International (INVX) has 17 years of Asset Utilization Ratio data on file, last reported at 0.76 in Q1 2026.
- Quarterly Asset Utilization Ratio rose 18.31% year-over-year to 0.76 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.76 (up 18.31% YoY) and the FY2025 annual result came in at 0.79, changed 0.43% from the prior year.
- Asset Utilization Ratio eased to 0.76 in Q1 2026, from 0.78 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.78 in Q4 2025 to a low of 0.33 in Q1 2022.
- A 5-year average of 0.56 and a median of 0.52 in 2023 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio soared 57.23% — and 2024, when it decreased 7.12%.
- Tracing INVX's Asset Utilization Ratio over 5 years: 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 | 79.85 Bn | 75.78 Bn | 4.63 Bn | 0.51 |
| 2 | Baker Hughes | 62.28 Bn | 46.55 Bn | 1.58 Bn | 0.54 |
| 3 | Tenaris | 52.92 Bn | 43.89 Bn | 984.66 | 145,330.70 |
| 4 | TechnipFMC | 30.80 Bn | 29.56 Bn | 1.40 Bn | 1.02 |
| 5 | Halliburton | 29.54 Bn | 27.49 Bn | 2.10 Bn | 0.88 |
| 6 | Nov | 7.29 Bn | 6.13 Bn | 521.00 Mn | 0.77 |
| 7 | Weatherford International | 6.52 Bn | 5.38 Bn | 662.00 Mn | 0.94 |
| 8 | Kodiak Gas Services | 5.61 Bn | 5.47 Bn | 246.76 Mn | 0.28 |
| 9 | Archrock | 5.50 Bn | 5.50 Bn | 244.51 Mn | 0.34 |
| 10 | Innovex International | 1.99 Bn | 1.77 Bn | 83.65 Mn | 0.76 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.76 |
| 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 | 0.38 |
| Jun 30, 2022 | 0.36 |
| Mar 31, 2022 | 0.33 |
| Dec 31, 2021 | 0.31 |
| Sep 30, 2021 | 0.28 |