Innovate (VATE) Divestments (2011 - 2023)

Innovate (VATE) recorded quarterly Divestments of $5.0 million in Q4 2023, down 90.77% quarter-over-quarter from $54.2 million in Q1 2023.

Innovate (VATE) Divestments (2011 - 2023) Analysis & Trends

Innovate's Divestments history runs 9 years deep, the most recent figure standing at $5.0 million for Q4 2023.

  • In Q4 2023, Divestments changed N/A year-over-year to $5.0 million; the TTM figure through Sep 2024 stood at $5.0 million (down 90.77% YoY), while the FY2023 annual figure was $59.2 million, changed N/A from the prior year.
  • Divestments was $5.0 million for Q4 2023 at Innovate, down from $54.2 million in the prior quarter.
  • In the past five years, Divestments ranged from a high of $295.3 million in Q4 2021 to a low of -$292.5 million in Q3 2021.
  • Historically, Divestments has averaged $19.4 million across 4 years, with a median of $4.2 million in 2020.
  • Biggest YoY gain for Divestments was 8585.29% in 2021; the steepest drop was 227.9% in 2021.
  • A 4-year view of Divestments shows it stood at -$67.9 million in 2019, then soared by 105.01% to $3.4 million in 2020, then jumped by 8585.29% to $295.3 million in 2021, then slumped by 98.31% to $5.0 million in 2023.
  • The last three Divestments figures came in at $5.0 million (Q4 2023), $54.2 million (Q1 2023), and $295.3 million (Q4 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Divestments (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn -
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn -
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn -
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn -
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn -
6 APi 18.83 Bn 18.18 Bn 620.00 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 -
9 Dycom Industries 13.61 Bn 12.90 Bn - -
10 Innovate 231.31 Mn 133.11 Mn 58.90 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2023 5.00 Mn
Mar 31, 2023 54.20 Mn
Dec 31, 2021 295.30 Mn
Sep 30, 2021 -292.50 Mn
Mar 31, 2021 71.20 Mn
Dec 31, 2020 3.40 Mn
Sep 30, 2020 228.70 Mn
Jun 30, 2020 2.10 Mn
Mar 31, 2020 -80.70 Mn
Dec 31, 2019 -67.90 Mn
Sep 30, 2019 19.10 Mn
Jun 30, 2019 -5.60 Mn
Sep 30, 2018 -1.30 Mn
Dec 31, 2014 5.95 Mn
Sep 30, 2014 22.50 Mn
Mar 31, 2014 3.20 Mn
Dec 31, 2013 -25,000.00
Sep 30, 2013 101.09 Mn
Dec 31, 2012 5.38 Mn
Dec 31, 2011 4.30 Mn