Innovate (VATE) Assets Average (2011 - 2025)
Innovate (VATE) recorded quarterly Assets Average of $931.6 million in Q4 2025, up 3.28% quarter-over-quarter from $902.0 million in Q3 2025, and up 4.19% on a YoY basis from $894.1 million in Q4 2024.
Innovate (VATE) Assets Average (2011 - 2025) Analysis & Trends
Innovate's Assets Average history runs 15 years deep, the most recent figure standing at $931.6 million for Q4 2025.
- In Q4 2025, Assets Average rose 4.19% year-over-year to $931.6 million; the TTM figure through Dec 2025 stood at $931.6 million (up 4.19% YoY), while the FY2025 annual figure was $920.6 million, down 4.83% from the prior year.
- Assets Average was $931.6 million for Q4 2025 at Innovate, up from $902.0 million in the prior quarter.
- In the past five years, Assets Average ranged from a high of $6.7 billion in Q2 2021 to a low of $879.4 million in Q2 2025.
- Historically, Assets Average has averaged $1.7 billion across 5 years, with a median of $1.1 billion in 2023.
- The sharpest annual moves came in 2022 and 2025: Assets Average slumped 83.37% in 2022, then rose 4.19% in 2025.
- A 5-year view of Assets Average shows it stood at $1.2 billion in 2021, then grew by 0.64% to $1.2 billion in 2022, then declined by 7.65% to $1.1 billion in 2023, then declined by 16.42% to $894.2 million in 2024, then rose by 4.19% to $931.6 million in 2025.
- The last three Assets Average figures came in at $931.6 million (Q4 2025), $902.0 million (Q3 2025), and $879.4 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn | 25.34 Bn |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn | 6.69 Bn |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | 9.40 Bn |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | 10.18 Bn |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | 2.71 Bn |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | 8.95 Bn |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | 11.78 Bn |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | 1.83 Bn |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | 4.65 Bn |
| 10 | Innovate | 231.31 Mn | 133.11 Mn | 58.90 Mn | 931.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 931.65 Mn |
| Sep 30, 2025 | 902.05 Mn |
| Jun 30, 2025 | 879.45 Mn |
| Mar 31, 2025 | 879.55 Mn |
| Dec 31, 2024 | 894.15 Mn |
| Sep 30, 2024 | 898.05 Mn |
| Jun 30, 2024 | 921.20 Mn |
| Mar 31, 2024 | 993.55 Mn |
| Dec 31, 2023 | 1.07 Bn |
| Sep 30, 2023 | 1.09 Bn |
| Jun 30, 2023 | 1.06 Bn |
| Mar 31, 2023 | 1.10 Bn |
| Dec 31, 2022 | 1.16 Bn |
| Sep 30, 2022 | 1.14 Bn |
| Jun 30, 2022 | 1.11 Bn |
| Mar 31, 2022 | 1.10 Bn |
| Dec 31, 2021 | 1.15 Bn |
| Sep 30, 2021 | 4.08 Bn |
| Jun 30, 2021 | 6.67 Bn |
| Mar 31, 2021 | 6.56 Bn |