Innovex Effective Tax Rate from 2010 to 2025

INVX Stock   14.88  0.41  2.83%   
Innovex International, Effective Tax Rate yearly trend continues to be fairly stable with very little volatility. Effective Tax Rate is likely to outpace its year average in 2025. During the period from 2010 to 2025, Innovex International, Effective Tax Rate regression line of annual values had significance of  0.04 and arithmetic mean of  0.36. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.86
Current Value
0.9
Quarterly Volatility
0.37669853
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Innovex International, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Innovex International,'s main balance sheet or income statement drivers, such as Depreciation And Amortization of 27.1 M, Interest Expense of 4.9 M or Total Revenue of 419.1 M, as well as many indicators such as Price To Sales Ratio of 1.31, Dividend Yield of 0.0 or PTB Ratio of 1.06. Innovex financial statements analysis is a perfect complement when working with Innovex International, Valuation or Volatility modules.
  
Check out the analysis of Innovex International, Correlation against competitors.
For more information on how to buy Innovex Stock please use our How to Invest in Innovex International, guide.

Latest Innovex International,'s Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Innovex International, over the last few years. Effective Tax Rate is the average rate at which Innovex International, pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Innovex International, total tax expenses by Innovex International, earnings before taxes. It is Innovex International,'s Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Innovex International,'s overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Slightly volatile
   Effective Tax Rate   
       Timeline  

Innovex Effective Tax Rate Regression Statistics

Arithmetic Mean0.36
Coefficient Of Variation103.36
Mean Deviation0.28
Median0.27
Standard Deviation0.38
Sample Variance0.14
Range1.4883
R-Value0.52
Mean Square Error0.11
R-Squared0.27
Significance0.04
Slope0.04
Total Sum of Squares2.13

Innovex Effective Tax Rate History

2025 0.9
2024 0.86
2023 0.96
2022 0.13
2020 0.5
2019 0.84
2018 0.17

About Innovex International, Financial Statements

Innovex International, investors use historical fundamental indicators, such as Innovex International,'s Effective Tax Rate, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Innovex International,. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate 0.86  0.90 

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Additional Tools for Innovex Stock Analysis

When running Innovex International,'s price analysis, check to measure Innovex International,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Innovex International, is operating at the current time. Most of Innovex International,'s value examination focuses on studying past and present price action to predict the probability of Innovex International,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovex International,'s price. Additionally, you may evaluate how the addition of Innovex International, to your portfolios can decrease your overall portfolio volatility.