INVX (Innovex International) Tax Rate %: 29.30% (As of Jun. 2026)

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INVX Innovex International Inc INVX
21 GF Score
Price $28.26
! 5 Warning Signs
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What is Innovex International Tax Rate %?

Innovex International INVX -1.46% 21 Tax Rate % is 29.30% as of Jun. 2026. GuruFocus rates INVX with a GF Score™ of 21/100. The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Innovex International's Tax Expense for the three months ended in Jun. 2026 was $10.4 Mil. Innovex International's Pre-Tax Income for the three months ended in Jun. 2026 was $35.4 Mil. Therefore, Innovex International's Tax Rate % for the quarter that ended in Jun. 2026 was 29.30%.

Innovex International Tax Rate % Related Terms

Innovex International Tax Rate % Historical Data

* Premium members only.

The historical data trend for Innovex International's Tax Rate % 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.

Innovex International Tax Rate % Chart

Innovex International Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
28.05 13.23 21.66 1.74 35.19

Innovex International Quarterly Data
Dec21 Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.99 32.32 48.20 22.80 29.30
INVX
21GF Score
Innovex International Inc INVX
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovex International Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Innovex International's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=45.231/128.529
=35.19 %

Innovex International's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=10.376/35.407
=29.30 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 29.30% mean?
Innovex International (INVX) has a Tax Rate % of 29.30% as of Jun. 2026.
Is Innovex International's Tax Rate % too high?
Innovex International's current Tax Rate % is 29.30%. 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 Tax Rate % compare to NEXT and XPRO?
Innovex International's Tax Rate % of 29.30% can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Oil & Gas company?
A good Tax Rate % depends on the Oil & Gas industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Innovex International's current Tax Rate % is 29.30%. 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 Tax Rate % of 29.30%. The current Tax Rate % is 29.30%. 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 Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Innovex International (INVX), the current Tax Rate % is 29.30% 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 Business Description

Industry EnergyOil & Gas
Address 19120 Kenswick Drive, Humble, TX, USA, 77338
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.
21GF Score

Get the complete analysis for INVX

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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