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| 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 |