Innovex International (INVX) Tax Rate (2009 - 2026)
Innovex International (INVX) reported Tax Rate of 29.30% for Q2 2026, down 1.69 percentage points from 30.99% a year earlier.
Innovex International (INVX) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Innovex International's Tax Rate came in at 37.66%, up 33.32 percentage points year-over-year; for FY2025, it came in at 35.19%, up 33.44 percentage points from FY2024.
- Tax Rate has a three-year change of +21.89 percentage points (FY2022 to FY2025).
- By year, Tax Rate came in at 1.75% in FY2024 (-19.91 pp), 21.66% in FY2023 (+8.36 pp) and 13.30% in FY2022.
- The Q2 2026 figure ranks as the lowest quarterly Tax Rate since Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.67 Bn | 71.28 Bn | 1.57 Bn | 23.45% |
| 2 | Baker Hughes | 47.44 Bn | 9.59 Bn | 1.96 Bn | 18.69% |
| 3 | Halliburton | 26.34 Bn | 18.29 Bn | 840.00 Mn | 18.32% |
| 4 | TechnipFMC | 25.18 Bn | 21.15 Bn | 728.70 Mn | 19.94% |
| 5 | Noble | 6.56 Bn | 4.64 Bn | 228.22 Mn | 830.35% |
| 6 | Nov | 6.31 Bn | 1.25 Bn | 439.00 Mn | 22.76% |
| 7 | Weatherford International | 6.11 Bn | 1.89 Bn | 374.00 Mn | 3.10% |
| 8 | Transocean | 5.79 Bn | 3.83 Bn | 348.00 Mn | - |
| 9 | Valaris | 5.48 Bn | 3.23 Bn | 176.30 Mn | 53.94% |
| 10 | Innovex International | 1.75 Bn | 930.69 Mn | 95.88 Mn | 24.40% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.40% |
| Jun 30, 2026 | 29.30% |
| Dec 31, 2025 | 48.20% |
| Sep 30, 2025 | 32.32% |
| Jun 30, 2025 | 30.99% |
| Mar 31, 2025 | 30.93% |
| Jun 30, 2024 | 31.21% |
| Mar 31, 2024 | 23.78% |
| Dec 31, 2023 | 21.45% |
| Sep 30, 2023 | 33.90% |
| Jun 30, 2023 | 37.64% |
| Mar 31, 2023 | 61.06% |
| Dec 31, 2022 | 6.71% |
| Sep 30, 2019 | 162.32% |
| Jun 30, 2019 | 64.98% |
| Sep 30, 2016 | 20.37% |
| Jun 30, 2016 | 21.01% |
| Mar 31, 2016 | 26.20% |
| Dec 31, 2015 | 20.33% |
| Sep 30, 2015 | 21.39% |
Innovex International Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=INVX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "INVX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=INVX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();