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Innovex InternationalINVX -1.46%21 Operating Margin % is 11.57% as of Jun. 2026, which is 10% below its 10-year median of 12.90. GuruFocus rates INVX with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 925 Oil & Gas companies, Innovex International ranks better than 58.38% on this metric.
Innovex International (NYSE:INVX) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Innovex International Operating Margin % Related Terms
Innovex International Operating Margin % Historical Data
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The historical data trend for Innovex International's Operating Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
INVX vs NEXT, XPRO, WBI: Operating Margin % Comparison
For the Oil & Gas Equipment & Services subindustry, Innovex International's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Innovex International Operating Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Innovex International's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Innovex International's Operating Margin % falls into.
Innovex International Operating Margin % Calculation
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Innovex International's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Innovex International (INVX) has a Operating Margin % of 11.57% as of Jun. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Innovex International and its competitors. This is 10% below median its historical median of 12.90. Over the past decade, Innovex International's Operating Margin % has ranged from 4.77 to 18.00. According to the industry distribution chart, Innovex International ranks #385 out of 925 companies in the Oil & Gas industry, placing it in the top 41.6%.
Is Innovex International's Operating Margin % too high?
Innovex International's current Operating Margin % of 11.57% is 10% below median its 10-year median of 12.90. Over the past 10 years, this metric has ranged from a low of 4.77 to a high of 18.00. The Oil & Gas industry median Operating Margin % is 7.56. Innovex International's value of 11.57% is 53% above this industry median. Based on the distribution chart, Innovex International ranks #385 out of 925 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Innovex International has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Innovex International's Operating Margin % compare to NEXT and XPRO?
According to the Oil & Gas industry distribution chart, Innovex International ranks #385 out of 925 companies for Operating Margin %. This puts Innovex International in the upper half of its industry. The industry median Operating Margin % is 7.56. Innovex International's value of 11.57% is 53% above this benchmark. Historically, Innovex International's own Operating Margin % has ranged from 4.77 to 18.00 over the past decade. While the company's 10-year median is 12.90 vs. the industry median of 7.56, Innovex International has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for an Oil & Gas company?
The median Operating Margin % among Oil & Gas companies is 7.56, based on 925 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Innovex International's current Operating Margin % of 11.57% is 53% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Innovex International and its competitors. For the Oil & Gas industry, the median Operating Margin % is 7.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovex International's current Operating Margin % is 11.57%, which is 10% below median its own 10-year median of 12.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovex International stock overvalued right now?
Innovex International (INVX) has a current Operating Margin % of 11.57%. The current Operating Margin % is 11.57%, which is 10% below median its 10-year median of 12.90 and 53% above the Oil & Gas industry median of 7.56. Innovex International's overall GF Score™ is 21/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Innovex International (INVX), the current Operating Margin % is 11.57% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Innovex International Inc designs, manufactures, sells, and rents mission-critical engineered products to the oil and natural gas industry. Its products are Subsea, Surface Wellheads, Well Construction, Well Completion, Production Solutions, Fishing & Intervention. Its products support upstream onshore and offshore activities. The group's geographic regions are North America, Latin America, Middle East & Asia Pacific, and Europe & Africa.
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