Innovex International (INVX) Asset Utilization Ratio (2010 - 2026)
Innovex International (INVX) posted Asset Utilization Ratio of 0.76 for Q1 2026, down 1.46% on a QoQ basis from 0.78 in Q4 2025, and up 18.31% year-over-year from 0.65 in Q1 2025.
Innovex International (INVX) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Innovex International's Asset Utilization Ratio history runs 17 years deep, the most recent figure standing at 0.76 for 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 was 0.76 for Q1 2026 at Innovex International, down from 0.78 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.78 in Q4 2025 and bottomed at 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 declined 7.12%.
- Innovex International's Asset Utilization Ratio stood at 0.48 in 2022, then gained by 26.69% to 0.61 in 2023, then retreated by 7.12% to 0.57 in 2024, then surged by 36.77% to 0.78 in 2025, then dropped by 1.46% to 0.76 in 2026.
- Business Quant data shows INVX's Asset Utilization Ratio at 0.76 in Q1 2026, 0.78 in Q4 2025, and 0.77 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 0.35 |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 0.45 |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 1.01 |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 0.88 |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 0.77 |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 0.94 |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 0.35 |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 1.06 |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 0.30 |
| 10 | Innovex International | 1.85 Bn | 1.64 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 | 0.38 |
| Jun 30, 2022 | 0.36 |
| Mar 31, 2022 | 0.33 |
| Dec 31, 2021 | 0.31 |
| Sep 30, 2021 | 0.28 |
| Jun 30, 2021 | 0.29 |