Innovate VATE
NYSE VATE
$7.17 +0.10 (+1.41%)
At close: Sep 11, 2026 · 4:00 PM EDT

Innovate (VATE) EV to FCF (2010 - 2025)

Innovate (VATE) posted EV to FCF of 0.35 for Q4 2025, down 108.15% on a QoQ basis from 4.27 in Q3 2025, and down 144.69% year-over-year from 0.78 in Q4 2024.

Analysis

Innovate (VATE) EV to FCF (2010 - 2025) Analysis & Trends

Innovate has reported EV to FCF for 16 years, with the latest figure at 0.35 in Q4 2025.

  • On a quarterly basis, EV to FCF fell 144.69% year-over-year to 0.35 in Q4 2025; TTM through Dec 2025 was 0.27, a 89.95% increase from a year earlier, with the FY2025 full-year figure at 0.27, up 89.95% from the prior year.
  • EV to FCF was 0.35 for Q4 2025 at Innovate, down from 4.27 in the prior quarter.
  • The five-year high for EV to FCF was 11.34 in Q2 2023, with the low at 18.27 in Q2 2021.
  • Average EV to FCF over 5 years is 1.31, with a median of 0.28 recorded in 2024.
  • The sharpest annual moves came in 2021 and 2025: EV to FCF sank 9425.73% in 2021, then jumped 923.48% in 2025.
  • Over 5 years, EV to FCF stood at 4.68 in 2021, then slumped by 53.18% to 2.19 in 2022, then slumped by 74.17% to 0.57 in 2023, then jumped by 37.76% to 0.78 in 2024, then plunged by 144.69% to 0.35 in 2025.
  • The last three EV to FCF figures came in at 0.35 (Q4 2025), 4.27 (Q3 2025), and 1.69 (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

Historic Data

Download Data
DateValue
Dec 31, 2025 -0.35
Sep 30, 2025 4.27
Jun 30, 2025 1.69
Mar 31, 2025 -4.58
Dec 31, 2024 0.78
Sep 30, 2024 -0.63
Jun 30, 2024 -0.21
Mar 31, 2024 -1.81
Dec 31, 2023 0.57
Sep 30, 2023 4.67
Jun 30, 2023 11.34
Mar 31, 2023 -2.99
Dec 31, 2022 2.19
Sep 30, 2022 -1.67
Jun 30, 2022 5.10
Mar 31, 2022 -4.81
Dec 31, 2021 4.68
Sep 30, 2021 -15.93
Jun 30, 2021 -18.27
Mar 31, 2021 -10.20