Innovate (VATE) Divestments (2011 - 2023)
Innovate (VATE) posted quarterly Divestments of $5.0 million for Q4 2023, down 90.77% on a QoQ basis from $54.2 million in Q1 2023.
Innovate (VATE) Divestments (2011 - 2023) Analysis & Trends
Innovate (VATE) has reported Divestments for 9 consecutive years, with $5.0 million the latest figure, recorded in 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 came in at $5.0 million for Q4 2023 at Innovate, down from $54.2 million in the prior quarter.
- The five-year high for Divestments was $295.3 million in Q4 2021, with the low at -$292.5 million in Q3 2021.
- Average Divestments over 4 years is $19.4 million, with a median of $4.2 million recorded in 2020.
- The largest YoY upside for Divestments was 8585.29% in 2021 against a maximum downside of 227.9% in 2021.
- Year by year, Divestments 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 tumbled by 98.31% to $5.0 million in 2023.
- According to Business Quant data, Divestments over the past three periods registered $5.0 million, $54.2 million, and $295.3 million for Q4 2023, Q1 2023, and Q4 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (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 | - |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn | - |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn | - |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn | - |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn | - |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn | - |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn | 17.00 Mn |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn | - |
| 10 | Innovate | 219.28 Mn | 121.08 Mn | 58.90 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |