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Innovex International vs North American Construction Group

Innovex International and North American Construction Group are similar in size: $978m and $919m of revenue in their latest fiscal years. Innovex International grew faster (48.0% against 8.0%). Innovex International kept more of each dollar of sales as profit: a net margin of 8.5% against 2.6%.

Latest fiscal yearInnovex InternationalINVX, 2025North American Construction GroupNOA, 2025
Revenue $978m $919m
Revenue growth 48.0% 8.0%
Net income $83.3m $24.2m
Operating margin — 8.5%
Net margin 8.5% 2.6%
Return on equity 8.3% 8.0%
Free cash flow $191m −$12.2m
Cash $203m $73.0m
Total debt $25.6m $664m
Debt to equity — 199.4%
Dividend per share — —
Dividend yield — 2.8%
Share buybacks $9.3m $27.5m
Employees 2,160 —
Market value $1.79bn $340m
Price vs our value range Below our value range Within our value range
Moat score 34 (Weak) —
Insider trades, 12 months 0 buys, 30 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.