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
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