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| 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 |