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
DateValue
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%