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| Date | Value |
|---|---|
| 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 |