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Innovex InternationalINVX -1.46%21 Pretax Margin % is 14.46% as of Jun. 2026, which is 7% below its 10-year median of 15.61. 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 61.19% on this metric.
Innovex International (NYSE:INVX) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Innovex International Pretax Margin % Related Terms
Innovex International Pretax Margin % Historical Data
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The historical data trend for Innovex International's Pretax 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: Pretax Margin % Comparison
For the Oil & Gas Equipment & Services subindustry, Innovex International's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Innovex International's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Innovex International's Pretax Margin % falls into.
* 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 Pretax Margin % of 14.46% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Innovex International and its competitors. This is near median its historical median of 15.61. Over the past decade, Innovex International's Pretax Margin % has ranged from 4.64 to 21.61. According to the industry distribution chart, Innovex International ranks #359 out of 925 companies in the Oil & Gas industry, placing it in the top 38.8%.
Is Innovex International's Pretax Margin % too high?
Innovex International's current Pretax Margin % of 14.46% is near median its 10-year median of 15.61. Over the past 10 years, this metric has ranged from a low of 4.64 to a high of 21.61. The Oil & Gas industry median Pretax Margin % is 6.18. Innovex International's value of 14.46% is 134% above this industry median. Based on the distribution chart, Innovex International ranks #359 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 Pretax Margin % compare to NEXT and XPRO?
According to the Oil & Gas industry distribution chart, Innovex International ranks #359 out of 925 companies for Pretax Margin %. This puts Innovex International in the upper half of its industry. The industry median Pretax Margin % is 6.18. Innovex International's value of 14.46% is 134% above this benchmark. Historically, Innovex International's own Pretax Margin % has ranged from 4.64 to 21.61 over the past decade. While the company's 10-year median is 15.61 vs. the industry median of 6.18, 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 Pretax Margin % for an Oil & Gas company?
The median Pretax Margin % among Oil & Gas companies is 6.18, based on 925 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Innovex International's current Pretax Margin % of 14.46% is 134% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Innovex International and its competitors. For the Oil & Gas industry, the median Pretax Margin % is 6.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovex International's current Pretax Margin % is 14.46%, which is near median its own 10-year median of 15.61. 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 Pretax Margin % of 14.46%. The current Pretax Margin % is 14.46%, which is near median its 10-year median of 15.61 and 134% above the Oil & Gas industry median of 6.18. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Innovex International (INVX), the current Pretax Margin % is 14.46% 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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