Innovate (VATE) EV to CFO (2010 - 2025)
Innovate (VATE) posted EV to CFO of 0.32 for Q4 2025, down 112.71% on a QoQ basis from 2.54 in Q3 2025, and down 150.08% year-over-year from 0.64 in Q4 2024.
Analysis
Innovate (VATE) EV to CFO (2010 - 2025) Analysis & Trends
Innovate has reported EV to CFO for 16 years, with the latest figure at 0.32 in Q4 2025.
- On a quarterly basis, EV to CFO fell 150.08% year-over-year to 0.32 in Q4 2025; TTM through Dec 2025 was 0.22, a 107.59% decrease from a year earlier, with the FY2025 full-year figure at 0.22, down 107.59% from the prior year.
- EV to CFO was 0.32 for Q4 2025 at Innovate, down from 2.54 in the prior quarter.
- The five-year high for EV to CFO was 8.44 in Q2 2022, with the low at 25.9 in Q2 2021.
- Average EV to CFO over 5 years is 2.56, with a median of 0.25 recorded in 2025.
- The sharpest annual moves came in 2021 and 2025: EV to CFO slumped 12463.2% in 2021, then surged 916.93% in 2025.
- Over 5 years, EV to CFO stood at 4.11 in 2021, then sank by 50.46% to 2.04 in 2022, then slumped by 74.27% to 0.52 in 2023, then gained by 22.84% to 0.64 in 2024, then tumbled by 150.08% to 0.32 in 2025.
- The last three EV to CFO figures came in at 0.32 (Q4 2025), 2.54 (Q3 2025), and 1.44 (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ferrovial | 40.46 Bn | 37.11 Bn | - |
| 2 | Emcor | 34.53 Bn | 33.61 Bn | 1.02 Bn |
| 3 | Jacobs Solutions | 16.62 Bn | 15.43 Bn | 810.70 Mn |
| 4 | Sterling Infrastructure | 15.68 Bn | 15.25 Bn | 289.96 Mn |
| 5 | Aecom | 8.18 Bn | 7.37 Bn | -34.04 Mn |
| 6 | Stantec | 7.95 Bn | 7.95 Bn | 1.36 Bn |
| 7 | Fluor | 7.35 Bn | 4.40 Bn | 179.00 Mn |
| 8 | Argan | 5.81 Bn | 5.26 Bn | 74.22 Mn |
| 9 | Installed Building Products | 5.43 Bn | 5.03 Bn | 258.90 Mn |
| 10 | Innovate | 97.81 Mn | 24.61 Mn | 79.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -0.32 |
| Sep 30, 2025 | 2.54 |
| Jun 30, 2025 | 1.44 |
| Mar 31, 2025 | -6.11 |
| Dec 31, 2024 | 0.64 |
| Sep 30, 2024 | -0.69 |
| Jun 30, 2024 | -0.18 |
| Mar 31, 2024 | -2.21 |
| Dec 31, 2023 | 0.52 |
| Sep 30, 2023 | 3.65 |
| Jun 30, 2023 | 8.19 |
| Mar 31, 2023 | -3.13 |
| Dec 31, 2022 | 2.04 |
| Sep 30, 2022 | -3.10 |
| Jun 30, 2022 | 8.44 |
| Mar 31, 2022 | -5.16 |
| Dec 31, 2021 | 4.11 |
| Sep 30, 2021 | -24.26 |
| Jun 30, 2021 | -25.90 |
| Mar 31, 2021 | -11.61 |