Innovate (VATE) EBITDA Margin (2010 - 2026)
Innovate (VATE) posted EBITDA Margin of 9.44% for Q2 2026, up 79.74% on a QoQ basis from 5.25% in Q4 2025, and up 514.0% year-over-year from 1.54% in Q2 2025.
Analysis
Innovate (VATE) EBITDA Margin (2010 - 2026) Analysis & Trends
Innovate has reported EBITDA Margin for 17 years, with the latest figure at 9.44% in Q2 2026.
- On a quarterly basis, EBITDA Margin rose 514.0% year-over-year to 9.44% in Q2 2026; TTM through Jun 2026 was 5.89%, a 185.0% increase from a year earlier, with the FY2025 full-year figure at 4.14%, down 173.0% from the prior year.
- EBITDA Margin was 9.44% for Q2 2026 at Innovate, up from 5.25% in the prior quarter.
- The five-year high for EBITDA Margin was 11.24% in Q2 2024, with the low at 0.72% in Q1 2023.
- Average EBITDA Margin over 5 years is 4.24%, with a median of 3.4% recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: EBITDA Margin soared 799 bps in 2024, then slumped 694 bps in 2025.
- Over 5 years, EBITDA Margin stood at 3.13% in 2022, then soared by 81 bps to 5.65% in 2023, then slumped by 36 bps to 3.59% in 2024, then surged by 46 bps to 5.25% in 2025, then surged by 80 bps to 9.44% in 2026.
- The last three EBITDA Margin figures came in at 9.44% (Q2 2026), 5.25% (Q4 2025), and 3.4% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ferrovial | 40.46 Bn | 37.11 Bn | - | - |
| 2 | Emcor | 34.53 Bn | 33.61 Bn | 1.02 Bn | 10.62% |
| 3 | Jacobs Solutions | 16.62 Bn | 15.43 Bn | 810.70 Mn | 7.03% |
| 4 | Sterling Infrastructure | 15.68 Bn | 15.25 Bn | 289.96 Mn | 18.77% |
| 5 | Aecom | 8.18 Bn | 7.37 Bn | -34.04 Mn | -2.12% |
| 6 | Stantec | 7.95 Bn | 7.95 Bn | 1.36 Bn | 13.70% |
| 7 | Fluor | 7.35 Bn | 4.40 Bn | 179.00 Mn | 3.12% |
| 8 | Argan | 5.81 Bn | 5.26 Bn | 74.22 Mn | 14.79% |
| 9 | Installed Building Products | 5.43 Bn | 5.03 Bn | 258.90 Mn | 12.16% |
| 10 | Innovate | 97.81 Mn | 24.61 Mn | 79.50 Mn | 9.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.44% |
| Dec 31, 2025 | 5.25% |
| Sep 30, 2025 | 3.40% |
| Jun 30, 2025 | 4.30% |
| Mar 31, 2025 | 3.39% |
| Dec 31, 2024 | 3.59% |
| Sep 30, 2024 | 4.95% |
| Jun 30, 2024 | 11.24% |
| Mar 31, 2024 | 2.95% |
| Dec 31, 2023 | 5.65% |
| Sep 30, 2023 | 4.48% |
| Jun 30, 2023 | 3.25% |
| Mar 31, 2023 | 0.72% |
| Dec 31, 2022 | 3.13% |
| Sep 30, 2022 | 3.12% |
| Jun 30, 2022 | 1.50% |
| Mar 31, 2022 | 1.72% |
| Dec 31, 2021 | 3.60% |
| Sep 30, 2021 | 2.25% |
| Jun 30, 2021 | -0.98% |