Innovate (VATE) Asset Utilization Ratio (2011 - 2025)

Innovate (VATE) posted quarterly Asset Utilization Ratio of 1.34 for Q4 2025, up 8.02% year-over-year from 1.24 in Q4 2024, and up 9.68% on a QoQ basis from 1.22 in Q3 2025.

Innovate (VATE) Asset Utilization Ratio (2011 - 2025) Analysis & Trends

Innovate (VATE) has reported Asset Utilization Ratio for 15 consecutive years, with 1.34 the latest figure, recorded in Q4 2025.

  • In Q4 2025, Asset Utilization Ratio rose 8.02% year-over-year to 1.34; the TTM figure through Dec 2025 stood at 1.34 (up 8.02% YoY), while the FY2025 annual figure was 1.35, up 18.26% from the prior year.
  • Asset Utilization Ratio came in at 1.34 for Q4 2025 at Innovate, up from 1.22 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 1.48 in Q2 2024, with the low at 0.11 in Q1 2021.
  • Average Asset Utilization Ratio over 5 years is 1.15, with a median of 1.33 recorded in 2023.
  • Across the five-year window, Asset Utilization Ratio jumped 1154.99% in 2022 and slipped 23.62% in 2025, its largest moves.
  • Year by year, Asset Utilization Ratio stood at 1.05 in 2021, then soared by 34.99% to 1.41 in 2022, then fell by 5.89% to 1.33 in 2023, then dropped by 6.91% to 1.24 in 2024, then advanced by 8.02% to 1.34 in 2025.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 1.34, 1.22, and 1.13 for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn 2.25
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn 1.19
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 1.50
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn 1.06
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 0.91
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn 1.12
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 1.99
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 1.34
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn 2.21
10 Innovate 219.28 Mn 121.08 Mn 58.90 Mn 1.34

Historic Data

Download Data
DateValue
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
Mar 31, 2021 0.11