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

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

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

Innovate's Asset Utilization Ratio history runs 15 years deep, the most recent figure standing at 1.34 for 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 was 1.34 for Q4 2025 at Innovate, up from 1.22 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 1.48 in Q2 2024 to a low of 0.11 in Q1 2021.
  • Historically, Asset Utilization Ratio has averaged 1.15 across 5 years, with a median of 1.33 in 2023.
  • The sharpest annual moves came in 2022 and 2025: Asset Utilization Ratio jumped 1154.99% in 2022, then fell 23.62% in 2025.
  • A 5-year view of Asset Utilization Ratio shows it stood at 1.05 in 2021, then soared by 34.99% to 1.41 in 2022, then slipped by 5.89% to 1.33 in 2023, then retreated by 6.91% to 1.24 in 2024, then increased by 8.02% to 1.34 in 2025.
  • The last three Asset Utilization Ratio figures came in at 1.34 (Q4 2025), 1.22 (Q3 2025), and 1.13 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn 1.19
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn 0.43
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn 0.20
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn 1.50
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn 1.06
6 APi 18.83 Bn 18.18 Bn 620.00 Mn 0.91
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn 1.12
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 1.99
9 Dycom Industries 13.61 Bn 12.90 Bn - -
10 Innovate 231.31 Mn 133.11 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