A force-equilibrium approach was utilized to simulate the tensile behavior of sheet specimens under cavitating conditions. Unlike previous work, the current model incorporated the effect of stress state on the cavity growth rate parameter eta. It was found that stress triaxiality that develops after quasistable deformation has a relatively small effect on eta. Thus, at a given level of true strain, the increased value of eta leads to higher cavity volume fraction inside the specimen. Simulation results revealed that tensile elongation is not affected by the higher cavity growth rate parameter when failure is localization controlled; however, in cases in which failure is fracture (cavitation) controlled, the overall elongation decreases.