Innovate (VATE) Equity Ratio (2010 - 2025)

Innovate (VATE) posted quarterly Equity Ratio of 0.24 for Q4 2025, down 33.18% year-over-year from 0.36 in Q4 2024, and up 6.81% on a QoQ basis from 0.26 in Q3 2025.

Innovate (VATE) Equity Ratio (2010 - 2025) Analysis & Trends

Innovate (VATE) has reported Equity Ratio for 16 consecutive years, with 0.24 the latest figure, recorded in Q4 2025.

  • In Q4 2025, Equity Ratio fell 33.18% year-over-year to 0.24; the TTM figure through Dec 2025 stood at 0.24 (down 33.18% YoY), while the FY2025 annual figure was 0.24, down 33.18% from the prior year.
  • Equity Ratio came in at 0.24 for Q4 2025 at Innovate, up from 0.26 in the prior quarter.
  • The five-year high for Equity Ratio was 0.07 in Q2 2021, with the low at 0.26 in Q3 2025.
  • Average Equity Ratio over 5 years is 0.12, with a median of 0.12 recorded in 2023.
  • Across the five-year window, Equity Ratio soared 576.33% in 2021 and slumped 203.07% in 2022, its largest moves.
  • Year by year, Equity Ratio stood at 0.05 in 2021, then plunged by 51.26% to 0.08 in 2022, then slumped by 84.78% to 0.15 in 2023, then slipped by 22.98% to 0.18 in 2024, then slumped by 33.18% to 0.24 in 2025.
  • According to Business Quant data, Equity Ratio over the past three periods registered 0.24, 0.26, and 0.23 for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn -
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn 0.35
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 0.32
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn 0.43
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 0.39
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn 0.28
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 0.54
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 0.21
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn 0.37
10 Innovate 219.28 Mn 121.08 Mn 58.90 Mn -0.24

Historic Data

Download Data
DateValue
Dec 31, 2025 -0.24
Sep 30, 2025 -0.26
Jun 30, 2025 -0.23
Mar 31, 2025 -0.21
Dec 31, 2024 -0.18
Sep 30, 2024 -0.16
Jun 30, 2024 -0.14
Mar 31, 2024 -0.18
Dec 31, 2023 -0.15
Sep 30, 2023 -0.12
Jun 30, 2023 -0.12
Mar 31, 2023 -0.11
Dec 31, 2022 -0.08
Sep 30, 2022 -0.08
Jun 30, 2022 -0.08
Mar 31, 2022 -0.06
Dec 31, 2021 -0.05
Sep 30, 2021 -0.04
Jun 30, 2021 0.07
Mar 31, 2021 0.06