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| Date | Value |
|---|---|
| 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 |