Innovate (VATE) Depreciation and Depletion (2014 - 2025)
Innovate (VATE) recorded quarterly Depreciation and Depletion of $5.8 million in Q4 2025, up 1.75% quarter-over-quarter from $5.7 million in Q3 2025, and down 3.33% on a YoY basis from $6.0 million in Q4 2024.
Innovate (VATE) Depreciation and Depletion (2014 - 2025) Analysis & Trends
Innovate's Depreciation and Depletion history runs 11 years deep, the most recent figure standing at $5.8 million for Q4 2025.
- In Q4 2025, Depreciation and Depletion fell 3.33% year-over-year to $5.8 million; the TTM figure through Dec 2025 stood at $22.9 million (down 8.4% YoY), while the FY2025 annual figure was $22.9 million, down 8.4% from the prior year.
- Depreciation and Depletion was $5.8 million for Q4 2025 at Innovate, up from $5.7 million in the prior quarter.
- In the past five years, Depreciation and Depletion ranged from a high of $7.8 million in Q3 2021 to a low of $4.7 million in Q1 2021.
- Historically, Depreciation and Depletion has averaged $6.2 million across 5 years, with a median of $6.2 million in 2022.
- The sharpest annual moves came in 2021 and 2022: Depreciation and Depletion jumped 47.17% in 2021, then declined 15.38% in 2022.
- A 5-year view of Depreciation and Depletion shows it stood at $7.3 million in 2021, then decreased by 13.7% to $6.3 million in 2022, then increased by 1.59% to $6.4 million in 2023, then declined by 6.25% to $6.0 million in 2024, then retreated by 3.33% to $5.8 million in 2025.
- The last three Depreciation and Depletion figures came in at $5.8 million (Q4 2025), $5.7 million (Q3 2025), and $5.5 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn | 113.29 Mn |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn | 18.57 Mn |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | 18.36 Mn |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | 83.30 Mn |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | 15.94 Mn |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | 21.00 Mn |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | - |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | 16.09 Mn |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | - |
| 10 | Innovate | 231.31 Mn | 133.11 Mn | 58.90 Mn | 5.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 5.80 Mn |
| Dec 31, 2025 | 5.80 Mn |
| Sep 30, 2025 | 5.70 Mn |
| Sep 30, 2025 | 5.70 Mn |
| Jun 30, 2025 | 5.50 Mn |
| Jun 30, 2025 | 5.50 Mn |
| Mar 31, 2025 | 5.90 Mn |
| Mar 31, 2025 | 5.90 Mn |
| Dec 31, 2024 | 6.00 Mn |
| Dec 31, 2024 | 6.00 Mn |
| Sep 30, 2024 | 6.10 Mn |
| Sep 30, 2024 | 6.10 Mn |
| Jun 30, 2024 | 6.40 Mn |
| Jun 30, 2024 | 6.40 Mn |
| Mar 31, 2024 | 6.50 Mn |
| Mar 31, 2024 | 6.50 Mn |
| Dec 31, 2023 | 6.40 Mn |
| Dec 31, 2023 | 6.40 Mn |
| Sep 30, 2023 | 6.10 Mn |
| Sep 30, 2023 | 6.10 Mn |