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% quarter-over-quarter from 4.81% in Q3 2025.
Innovate (VATE) EBT Margin (2010 - 2025) Analysis & Trends
Innovate's EBT Margin history runs 16 years deep, the most recent figure standing at 2.43% for 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 for Q4 2025 stood at 2.43%, 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.
- The 5-year median for EBT Margin is 3.03% (2022), against an average of 4.58%.
- The sharpest annual moves came in 2021 and 2022: EBT Margin slumped 2681 bps in 2021, then soared 2130 bps in 2022.
- Innovate's EBT Margin stood at 0.94% in 2021, then tumbled by 109 bps to 1.95% in 2022, then tumbled by 32 bps to 2.58% in 2023, then slumped by 144 bps to 6.3% in 2024, then jumped by 61 bps to 2.43% in 2025.
- Business Quant data shows VATE's EBT Margin at 2.43% in Q4 2025, 4.81% in Q3 2025, and 6.94% in Q2 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 102.18 Bn | 101.77 Bn | 1.55 Bn | 6.46% |
| 2 | Comfort Systems Usa | 72.82 Bn | 70.97 Bn | 844.23 Mn | 17.34% |
| 3 | Ferrovial | 47.62 Bn | 42.63 Bn | - | - |
| 4 | Emcor | 36.31 Bn | 35.39 Bn | 1.02 Bn | 10.70% |
| 5 | Mastec | 20.38 Bn | 20.19 Bn | 556.28 Mn | 4.43% |
| 6 | Sterling Infrastructure | 19.23 Bn | 18.73 Bn | 194.30 Mn | 16.65% |
| 7 | APi | 17.20 Bn | 16.35 Bn | 703.00 Mn | 6.12% |
| 8 | Jacobs Solutions | 16.40 Bn | 15.02 Bn | 794.89 Mn | -3.53% |
| 9 | IES Holdings | 15.99 Bn | 15.73 Bn | 340.66 Mn | 16.48% |
| 10 | Innovate | 101.71 Mn | 507,135.29 | 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% |