Innovate (VATE) EBIT Margin (2010 - 2025)
Innovate (VATE) posted quarterly EBIT Margin of 3.74% for Q4 2025, up 268.0% year-over-year from 1.02% in Q4 2024, and up 112.62% on a QoQ basis from 1.76% in Q3 2025.
Innovate (VATE) EBIT Margin (2010 - 2025) Analysis & Trends
Innovate (VATE) has reported EBIT Margin for 16 consecutive years, with 3.74% the latest figure, recorded in Q4 2025.
- In Q4 2025, EBIT Margin rose 268.0% year-over-year to 3.74%; the TTM figure through Dec 2025 stood at 2.3% (down 131.0% YoY), while the FY2025 annual figure was 2.3%, down 131.0% from the prior year.
- EBIT Margin came in at 3.74% for Q4 2025 at Innovate, up from 1.76% in the prior quarter.
- The five-year high for EBIT Margin was 9.2% in Q2 2024, with the low at 6.34% in Q1 2021.
- Average EBIT Margin over 5 years is 1.26%, with a median of 1.57% recorded in 2022.
- Across the five-year window, EBIT Margin surged 972 bps in 2021 and sank 717 bps in 2025, its largest moves.
- Year by year, EBIT Margin stood at 1.75% in 2021, then dropped by 9 bps to 1.59% in 2022, then jumped by 144 bps to 3.88% in 2023, then sank by 73 bps to 1.06% in 2024, then soared by 254 bps to 3.74% in 2025.
- According to Business Quant data, EBIT Margin over the past three periods registered 3.74%, 1.76%, and 2.02% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn | 12.00% |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn | 4.30% |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn | 3.70% |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn | 16.69% |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn | 5.20% |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn | -2.20% |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn | 11.52% |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn | 6.52% |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn | 7.49% |
| 10 | Innovate | 219.28 Mn | 121.08 Mn | 58.90 Mn | 3.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3.74% |
| Sep 30, 2025 | 1.76% |
| Jun 30, 2025 | 2.02% |
| Mar 31, 2025 | 1.24% |
| Dec 31, 2024 | 1.06% |
| Sep 30, 2024 | 2.44% |
| Jun 30, 2024 | 9.20% |
| Mar 31, 2024 | 0.89% |
| Dec 31, 2023 | 3.88% |
| Sep 30, 2023 | 2.85% |
| Jun 30, 2023 | 1.57% |
| Mar 31, 2023 | -1.26% |
| Dec 31, 2022 | 1.59% |
| Sep 30, 2022 | 1.56% |
| Jun 30, 2022 | -0.10% |
| Mar 31, 2022 | 0.17% |
| Dec 31, 2021 | 1.75% |
| Sep 30, 2021 | 0.28% |
| Jun 30, 2021 | -3.16% |
| Mar 31, 2021 | -6.34% |