Innovate (VATE) Debt to Equity (2010 - 2025)
Innovate (VATE) posted quarterly Debt to Equity of -$2.57 for Q4 2025, down 152.43% year-over-year from $4.9 in Q4 2024, and down 4.87% on a QoQ basis from -$2.45 in Q3 2025.
Innovate (VATE) Debt to Equity (2010 - 2025) Analysis & Trends
Innovate (VATE) has reported Debt to Equity for 16 consecutive years, with -$2.57 the latest figure, recorded in Q4 2025.
- In Q4 2025, Debt to Equity fell 152.43% year-over-year to -$2.57; the TTM figure through Dec 2025 stood at -$2.57 (down 152.43% YoY), while the FY2025 annual figure was -$2.57, down 152.43% from the prior year.
- Debt to Equity came in at -$2.57 for Q4 2025 at Innovate, down from -$2.45 in the prior quarter.
- The five-year high for Debt to Equity was $0.2 in Q1 2021, with the low at -$2.84 in Q1 2025.
- Average Debt to Equity over 5 years is -$1.1, with a median of -$1.09 recorded in 2022.
- Across the five-year window, Debt to Equity soared 77.07% in 2024 and tumbled 1338.51% in 2025, its largest moves.
- Year by year, Debt to Equity stood at -$1.24 in 2021, then surged by 72.69% to -$0.34 in 2022, then soared by 40.47% to -$0.2 in 2023, then plunged by 406.43% to -$1.02 in 2024, then sank by 152.43% to -$2.57 in 2025.
- According to Business Quant data, Debt to Equity over the past three periods registered -$2.57, -$2.45, and -$2.31 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn | - |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn | 0.65 |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn | 0.77 |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn | 0.24 |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn | 0.79 |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn | 1.24 |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn | 0.03 |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn | 1.10 |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn | 0.40 |
| 10 | Innovate | 219.28 Mn | 121.08 Mn | 58.90 Mn | -2.57 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -2.57 |
| Sep 30, 2025 | -2.45 |
| Jun 30, 2025 | -2.31 |
| Mar 31, 2025 | -2.84 |
| Dec 31, 2024 | -1.02 |
| Sep 30, 2024 | -1.34 |
| Jun 30, 2024 | -0.40 |
| Mar 31, 2024 | -0.20 |
| Dec 31, 2023 | -0.20 |
| Sep 30, 2023 | -1.20 |
| Jun 30, 2023 | -1.74 |
| Mar 31, 2023 | -0.28 |
| Dec 31, 2022 | -0.34 |
| Sep 30, 2022 | -0.89 |
| Jun 30, 2022 | -0.87 |
| Mar 31, 2022 | -1.16 |
| Dec 31, 2021 | -1.24 |
| Sep 30, 2021 | -1.30 |
| Jun 30, 2021 | 0.14 |
| Mar 31, 2021 | 0.20 |