Innovate (VATE) EBT Margin (2010 - 2025)
Innovate (VATE) posted quarterly EBT Margin of 2.43% for Q4 2025, up 387.0% year-over-year from 0.5% in Q4 2024, and up 49.49% on a QoQ basis from 4.81% in Q3 2025.
Innovate (VATE) EBT Margin (2010 - 2025) Analysis & Trends
Innovate (VATE) has reported EBT Margin for 16 consecutive years, with 2.43% the latest figure, recorded in Q4 2025.
- In Q4 2025, EBT Margin rose 387.0% year-over-year to 2.43%; the TTM figure through Dec 2025 stood at 4.94% (down 192.0% YoY), while the FY2025 annual figure was 4.94%, down 192.0% from the prior year.
- EBT Margin came in at 2.43% for Q4 2025 at Innovate, up from 4.81% in the prior quarter.
- The five-year high for EBT Margin was 3.64% in Q2 2024, with the low at 24.33% in Q1 2021.
- Average EBT Margin over 5 years is 4.58%, with a median of 3.03% recorded in 2022.
- Across the five-year window, EBT Margin plunged 2681 bps in 2021 and jumped 2130 bps in 2022, its largest moves.
- Year by year, EBT Margin stood at 0.94% in 2021, then sank by 109 bps to 1.95% in 2022, then sank by 32 bps to 2.58% in 2023, then plunged by 144 bps to 6.3% in 2024, then surged by 61 bps to 2.43% in 2025.
- According to Business Quant data, EBT Margin over the past three periods registered 2.43%, 4.81%, and 6.94% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn | 7.09% |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn | 3.26% |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn | 2.39% |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn | 16.65% |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn | 3.58% |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn | -3.53% |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn | 15.26% |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn | 5.83% |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn | 7.32% |
| 10 | Innovate | 219.28 Mn | 121.08 Mn | 58.90 Mn | -2.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -2.43% |
| Sep 30, 2025 | -4.81% |
| Jun 30, 2025 | -6.94% |
| Mar 31, 2025 | -6.82% |
| Dec 31, 2024 | -6.30% |
| Sep 30, 2024 | -5.41% |
| Jun 30, 2024 | 3.64% |
| Mar 31, 2024 | -5.33% |
| Dec 31, 2023 | -2.58% |
| Sep 30, 2023 | -2.00% |
| Jun 30, 2023 | -2.85% |
| Mar 31, 2023 | -2.23% |
| Dec 31, 2022 | -1.95% |
| Sep 30, 2022 | -2.06% |
| Jun 30, 2022 | -3.03% |
| Mar 31, 2022 | -3.03% |
| Dec 31, 2021 | -0.94% |
| Sep 30, 2021 | -3.57% |
| Jun 30, 2021 | -8.65% |
| Mar 31, 2021 | -24.33% |