Innovate (VATE) Debt Ratio (2010 - 2026)
Innovate's (VATE) Debt Ratio came in at 0.55 for Q2 2026, up 2.7% from 0.54 a year earlier.
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Analysis
Innovate (VATE) Debt Ratio (2010 - 2026) Analysis & Trends
Since Q4 2010, Innovate has reported Debt Ratio for 50 quarters.
- Annual Debt Ratio has increased for three consecutive years.
- In prior years, Innovate's Debt Ratio was 0.18 in FY2024 (+522.8%), 0.03 in FY2023 (+10.0%), 0.03 in FY2022 (-58.7%) and 0.06 in FY2021 (-0.3%).
- Quarterly Debt Ratio has run from a low of 0.03 in Q4 2022 to a high of 0.63 in Q3 2025 over five years.
- The strongest year-over-year quarter for Debt Ratio in the past five years was Q2 2025, with growth of 859.7%; the weakest was Q2 2024, with a decline of 72.9%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 89.97 Bn | 88.05 Bn | 1.55 Bn | 0.22 |
| 2 | Ferrovial | 35.96 Bn | 14.21 Bn | - | 0.38 |
| 3 | Emcor | 31.03 Bn | 27.43 Bn | 1.02 Bn | - |
| 4 | Jacobs Solutions | 16.77 Bn | 11.44 Bn | 810.70 Mn | 0.30 |
| 5 | Mastec | 14.08 Bn | 12.87 Bn | 556.28 Mn | 0.25 |
| 6 | Sterling Infrastructure | 12.66 Bn | 10.99 Bn | 289.96 Mn | 0.09 |
| 7 | IES Holdings | 9.42 Bn | 8.28 Bn | 340.66 Mn | - |
| 8 | Stantec | 8.00 Bn | 6.93 Bn | 1.36 Bn | 0.04 |
| 9 | Aecom | 7.66 Bn | 2.78 Bn | -34.04 Mn | 0.23 |
| 10 | Innovate | 76.70 Mn | -182.60 Mn | 79.50 Mn | 0.55 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.55 |
| Dec 31, 2025 | 0.55 |
| Sep 30, 2025 | 0.63 |
| Jun 30, 2025 | 0.54 |
| Mar 31, 2025 | 0.60 |
| Dec 31, 2024 | 0.56 |
| Sep 30, 2024 | 0.56 |
| Jun 30, 2024 | 0.71 |
| Mar 31, 2024 | 0.68 |
| Dec 31, 2023 | 0.65 |
| Sep 30, 2023 | 0.54 |
| Jun 30, 2023 | 0.48 |
| Mar 31, 2023 | 0.64 |
| Dec 31, 2022 | 0.59 |
| Sep 30, 2022 | 0.54 |
| Jun 30, 2022 | 0.54 |
| Mar 31, 2022 | 0.54 |
| Dec 31, 2021 | 0.52 |
| Sep 30, 2021 | 0.49 |
| Jun 30, 2021 | 0.09 |
API Access
Innovate Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=VATE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "VATE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=VATE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();