Innovate (VATE) Depreciation and Depletion (2014 - 2026)
Innovate (VATE) posted Depreciation and Depletion of $5.3 million for Q2 2026, down 3.6% from $5.5 million a year earlier.
Innovate (VATE) Depreciation and Depletion (2014 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Depreciation and Depletion at Innovate was $22.3 million, down 5.1% year-over-year; for FY2025, it was $22.9 million, down 8.4% from FY2024.
- Annual Depreciation and Depletion shows a five-year compound annual growth rate of 1.9% (FY2020 to FY2025).
- In prior years, Innovate's Depreciation and Depletion was $25 million in FY2024 (+0.4%), $24.9 million in FY2023 (-2.7%), $25.6 million in FY2022 (+2.4%) and $25 million in FY2021 (+20.2%).
- The strongest year-over-year quarter for Depreciation and Depletion in the past five years was Q3 2021, with growth of 47.2%; the weakest was Q3 2022, with a decline of 15.4%.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 82.97 Bn | 81.16 Bn | 1.55 Bn | 117.14 Mn |
| 2 | Ferrovial | 35.82 Bn | 16.13 Bn | - | - |
| 3 | Emcor | 29.22 Bn | 25.61 Bn | 1.02 Bn | 19.39 Mn |
| 4 | Jacobs Solutions | 17.13 Bn | 11.78 Bn | 810.70 Mn | - |
| 5 | Mastec | 13.77 Bn | 12.68 Bn | 556.28 Mn | 86.10 Mn |
| 6 | Sterling Infrastructure | 11.44 Bn | 9.80 Bn | 289.96 Mn | 17.50 Mn |
| 7 | IES Holdings | 8.80 Bn | 7.66 Bn | 340.66 Mn | - |
| 8 | Stantec | 8.31 Bn | 7.24 Bn | 1.36 Bn | - |
| 9 | Aecom | 7.83 Bn | 3.16 Bn | -34.04 Mn | - |
| 10 | Innovate | 76.53 Mn | -168.17 Mn | 79.50 Mn | 5.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.30 Mn |
| Dec 31, 2025 | 5.80 Mn |
| Sep 30, 2025 | 5.70 Mn |
| Jun 30, 2025 | 5.50 Mn |
| Mar 31, 2025 | 5.90 Mn |
| Dec 31, 2024 | 6.00 Mn |
| Sep 30, 2024 | 6.10 Mn |
| Jun 30, 2024 | 6.40 Mn |
| Mar 31, 2024 | 6.50 Mn |
| Dec 31, 2023 | 6.40 Mn |
| Sep 30, 2023 | 6.10 Mn |
| Jun 30, 2023 | 6.20 Mn |
| Mar 31, 2023 | 6.30 Mn |
| Dec 31, 2022 | 6.30 Mn |
| Sep 30, 2022 | 6.60 Mn |
| Jun 30, 2022 | 6.30 Mn |
| Mar 31, 2022 | 6.40 Mn |
| Dec 31, 2021 | 7.30 Mn |
| Sep 30, 2021 | 7.80 Mn |
| Jun 30, 2021 | 5.30 Mn |
Innovate Depreciation and Depletion 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=depreciation-and-depletion&ticker=VATE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=VATE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();