Innovate (VATE) Asset Utilization Ratio (2011 - 2026)
Innovate's Asset Utilization Ratio was 1.42 in Q2 2026, up 25.9% from 1.13 a year earlier.
Powered by 
Analysis
Innovate (VATE) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Innovate came in at 1.35, up 18.3% from FY2024.
- In earlier years, Asset Utilization Ratio was 1.14 in FY2024 (-11.7%), 1.30 in FY2023 (-11.6%), 1.47 in FY2022 (+375.0%) and 0.31 in FY2021 (+194.7%).
- The Q2 2026 figure marks the highest quarterly Asset Utilization Ratio since Q2 2024.
- Compared with a year earlier, Asset Utilization Ratio was higher in three of the last seven quarters, with an average decline of 3.1%.
- The best year-over-year quarter for Asset Utilization Ratio over five years was Q4 2021 (growth of 879.4%); the worst was Q2 2025 (a decline of 23.6%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 90.94 Bn | 89.02 Bn | 1.55 Bn | 1.22 |
| 2 | Ferrovial | 36.19 Bn | 14.44 Bn | - | - |
| 3 | Emcor | 31.27 Bn | 27.66 Bn | 1.02 Bn | 1.89 |
| 4 | Jacobs Solutions | 16.69 Bn | 11.36 Bn | 810.70 Mn | 1.20 |
| 5 | Mastec | 14.25 Bn | 13.03 Bn | 556.28 Mn | 1.51 |
| 6 | Sterling Infrastructure | 12.91 Bn | 11.23 Bn | 289.96 Mn | 1.15 |
| 7 | IES Holdings | 9.42 Bn | 8.28 Bn | 340.66 Mn | 1.87 |
| 8 | Stantec | 7.98 Bn | 6.91 Bn | 1.36 Bn | 1.82 |
| 9 | Aecom | 7.65 Bn | 2.77 Bn | -34.04 Mn | 1.28 |
| 10 | Innovate | 76.37 Mn | -182.93 Mn | 79.50 Mn | 1.42 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.42 |
| Dec 31, 2025 | 1.34 |
| Sep 30, 2025 | 1.22 |
| Jun 30, 2025 | 1.13 |
| Mar 31, 2025 | 1.21 |
| Dec 31, 2024 | 1.24 |
| Sep 30, 2024 | 1.37 |
| Jun 30, 2024 | 1.48 |
| Mar 31, 2024 | 1.43 |
| Dec 31, 2023 | 1.33 |
| Sep 30, 2023 | 1.35 |
| Jun 30, 2023 | 1.43 |
| Mar 31, 2023 | 1.40 |
| Dec 31, 2022 | 1.41 |
| Sep 30, 2022 | 1.43 |
| Jun 30, 2022 | 1.44 |
| Mar 31, 2022 | 1.32 |
| Dec 31, 2021 | 1.05 |
| Sep 30, 2021 | 0.24 |
| Jun 30, 2021 | 0.11 |
API Access
Innovate Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=VATE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "VATE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=VATE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();