Innovate (VATE) EV to EBITDA (2010 - 2026)
Innovate (VATE) posted EV to EBITDA of 4.56 for Q2 2026, up 381.34% on a QoQ basis from 1.62 in Q4 2025, and down 18.21% year-over-year from 5.58 in Q2 2025.
Analysis
Innovate (VATE) EV to EBITDA (2010 - 2026) Analysis & Trends
Innovate has reported EV to EBITDA for 17 years, with the latest figure at 4.56 in Q2 2026.
- On a quarterly basis, EV to EBITDA fell 18.21% year-over-year to 4.56 in Q2 2026; TTM through Jun 2026 was 2.21, a 53.27% increase from a year earlier, with the FY2025 full-year figure at 0.63, down 254.05% from the prior year.
- EV to EBITDA was 4.56 for Q2 2026 at Innovate, up from 1.62 in the prior quarter.
- The five-year high for EV to EBITDA was 104.86 in Q1 2023, with the low at 1.62 in Q4 2025.
- Average EV to EBITDA over 5 years is 14.61, with a median of 5.68 recorded in 2023.
- The largest YoY upside for EV to EBITDA was 5295.64% in 2025 against a maximum downside of 151.72% in 2025.
- Over 5 years, EV to EBITDA stood at 9.97 in 2022, then slumped by 84.24% to 1.57 in 2023, then jumped by 99.43% to 3.13 in 2024, then plunged by 151.72% to 1.62 in 2025, then soared by 381.34% to 4.56 in 2026.
- The last three EV to EBITDA figures came in at 4.56 (Q2 2026), 1.62 (Q4 2025), and 4.12 (Q3 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 |
|---|---|
| Jun 30, 2026 | 4.56 |
| Dec 31, 2025 | -1.62 |
| Sep 30, 2025 | 4.12 |
| Jun 30, 2025 | 5.58 |
| Mar 31, 2025 | 9.26 |
| Dec 31, 2024 | 3.13 |
| Sep 30, 2024 | 1.64 |
| Jun 30, 2024 | -0.11 |
| Mar 31, 2024 | 6.03 |
| Dec 31, 2023 | 1.57 |
| Sep 30, 2023 | 5.68 |
| Jun 30, 2023 | 11.06 |
| Mar 31, 2023 | 104.86 |
| Dec 31, 2022 | 9.97 |
| Sep 30, 2022 | 6.94 |
| Jun 30, 2022 | 29.63 |
| Mar 31, 2022 | 46.09 |
| Dec 31, 2021 | 21.73 |
| Sep 30, 2021 | 36.52 |
| Jun 30, 2021 | -124.10 |