INVA Stock — Innoviva, Inc.

Innoviva, Inc. (INVA)

Updated October 16, 2026.

INVA is a Stock. Total return is 53.4% over the past 22 years, 849.9 points behind SPY at 903.3%.

Innoviva, Inc. is an operating company incorporated in 2004. The company does not currently distribute to shareholders. This security is equity-based and does not have an associated expense ratio or assets under management figure.

INVA performance versus SPY

Price and return data through 2026-10-16.

Total return is 53.4% over the past 22 years, 849.9 points behind SPY at 903.3%. Over the past year its total return — price change plus distributions reinvested — is 20.5%. Its deepest 1-year drawdown was 16.5%.

INVA key facts

Asset type

Stock

Asset class

Equity

Inception date

10/05/2004

Distribution frequency

None

Last close

$20.78 (as of 2026-10-16)

Market cap

$1,501,261,178

Average volume

550482.0

Ex-dividend date

09/08/2015

Payment date

09/30/2015

Beta

0.384

Payout ratio

0.0%

P/E ratio

4.86

Forward P/E

8.5397

EPS

$4.28

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

INVA risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 16.5%.

Who may consider INVA — and who may not

It is a weaker fit for investors who need monthly cash flow (INVA does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

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Frequently asked questions