Innovate (VATE) Debt Ratio (2010 - 2025)
Innovate (VATE) posted quarterly Debt Ratio of 0.63 for Q4 2025, up 208.19% year-over-year from 0.2 in Q4 2024, and little changed quarter-over-quarter from 0.63 in Q3 2025.
Innovate (VATE) Debt Ratio (2010 - 2025) Analysis & Trends
Innovate's Debt Ratio history runs 16 years deep, the most recent figure standing at 0.63 for Q4 2025.
- In Q4 2025, Debt Ratio rose 208.19% year-over-year to 0.63; the TTM figure through Dec 2025 stood at 0.63 (up 208.19% YoY), while the FY2025 annual figure was 0.63, up 208.19% from the prior year.
- Debt Ratio for Q4 2025 stood at 0.63, roughly flat from 0.63 in the prior quarter.
- The five-year high for Debt Ratio was 0.66 in Q1 2025, with the low at 0.01 in Q1 2021.
- The 5-year median for Debt Ratio is 0.14 (2022), against an average of 0.23.
- The sharpest annual moves came in 2021 and 2025: Debt Ratio sank 83.95% in 2021, then soared 1599.78% in 2025.
- Innovate's Debt Ratio stood at 0.09 in 2021, then advanced by 29.89% to 0.12 in 2022, then slumped by 47.65% to 0.06 in 2023, then jumped by 224.03% to 0.2 in 2024, then jumped by 208.19% to 0.63 in 2025.
- Business Quant data shows VATE's Debt Ratio at 0.63 in Q4 2025, 0.63 in Q3 2025, and 0.57 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 102.18 Bn | 101.77 Bn | 1.55 Bn | 0.22 |
| 2 | Comfort Systems Usa | 72.82 Bn | 70.97 Bn | 844.23 Mn | 0.01 |
| 3 | Ferrovial | 47.62 Bn | 42.63 Bn | - | 0.04 |
| 4 | Emcor | 36.31 Bn | 35.39 Bn | 1.02 Bn | - |
| 5 | Mastec | 20.38 Bn | 20.19 Bn | 556.28 Mn | 0.25 |
| 6 | Sterling Infrastructure | 19.23 Bn | 18.73 Bn | 194.30 Mn | 0.10 |
| 7 | APi | 17.20 Bn | 16.35 Bn | 703.00 Mn | 0.38 |
| 8 | Jacobs Solutions | 16.40 Bn | 15.02 Bn | 794.89 Mn | 0.34 |
| 9 | IES Holdings | 15.99 Bn | 15.73 Bn | 340.66 Mn | - |
| 10 | Innovate | 101.71 Mn | 507,135.29 | 58.90 Mn | 0.63 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.63 |
| Sep 30, 2025 | 0.63 |
| Jun 30, 2025 | 0.57 |
| Mar 31, 2025 | 0.66 |
| Dec 31, 2024 | 0.20 |
| Sep 30, 2024 | 0.29 |
| Jun 30, 2024 | 0.08 |
| Mar 31, 2024 | 0.04 |
| Dec 31, 2023 | 0.06 |
| Sep 30, 2023 | 0.23 |
| Jun 30, 2023 | 0.30 |
| Mar 31, 2023 | 0.04 |
| Dec 31, 2022 | 0.12 |
| Sep 30, 2022 | 0.08 |
| Jun 30, 2022 | 0.07 |
| Mar 31, 2022 | 0.17 |
| Dec 31, 2021 | 0.09 |
| Sep 30, 2021 | 0.33 |
| Jun 30, 2021 | 0.01 |
| Mar 31, 2021 | 0.01 |