Innovex International (INVX) Tax Rate (2009 - 2026)

Innovex International has reported Tax Rate for 18 years, with the latest figure at 22.8% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate fell 813.0% year-over-year to 22.8%; the trailing twelve-month figure through Mar 2026 stood at 103.71% (down 10301.0% YoY), and the FY2025 full-year result was 432.29%, up 43274.0% from the prior year.
• Tax Rate for Q1 2026 stood at 22.8%, up from 14.27% in the prior quarter.
• The five-year high for Tax Rate was 61.06% in Q1 2023, with the low at 64.24% in Q1 2022.
• Historically, Tax Rate has averaged 11.42% across 5 years, with a median of 22.8% in 2026.
• Annual changes were most pronounced in 2022 — Tax Rate tumbled 5678 bps — and 2023, when it jumped 12530 bps.
• Innovex International's Tax Rate stood at 18.21% in 2022, then increased by 17 bps to 21.28% in 2023, then sank by 97 bps to 0.64% in 2024, then tumbled by 2322 bps to 14.27% in 2025, then surged by 260 bps to 22.8% in 2026.
• The last three Tax Rate figures came in at 22.8% (Q1 2026), 14.27% (Q4 2025), and 32.32% (Q3 2025), per Business Quant data.