Innovate (VATE) FCF Payout Ratio (2012 - 2025)

Innovate (VATE) recorded quarterly FCF Payout Ratio of 0.01 in Q4 2025, down 67.11% quarter-over-quarter from 0.02 in Q3 2025, and down 6.53% on a YoY basis from 0.01 in Q4 2024.

Innovate (VATE) FCF Payout Ratio (2012 - 2025) Analysis & Trends

Innovate's FCF Payout Ratio history runs 13 years deep, the most recent figure standing at 0.01 for Q4 2025.

  • In Q4 2025, FCF Payout Ratio fell 6.53% year-over-year to 0.01; the TTM figure through Dec 2025 stood at 0.02 (down 90.09% YoY), while the FY2025 annual figure was 0.02, down 90.09% from the prior year.
  • FCF Payout Ratio was 0.01 for Q4 2025 at Innovate, down from 0.02 in the prior quarter.
  • In the past five years, FCF Payout Ratio ranged from a high of 0.03 in Q2 2023 to a low of 0.04 in Q1 2022.
  • Historically, FCF Payout Ratio has averaged 0.0 across 5 years, with a median of 0.01 in 2024.
  • The sharpest annual moves came in 2024 and 2025: FCF Payout Ratio tumbled 206.62% in 2024, then surged 301.4% in 2025.
  • A 5-year view of FCF Payout Ratio shows it stood at 0.01 in 2021, then soared by 63.52% to 0.02 in 2022, then sank by 68.36% to 0.01 in 2023, then advanced by 5.0% to 0.01 in 2024, then fell by 6.53% to 0.01 in 2025.
  • The last three FCF Payout Ratio figures came in at 0.01 (Q4 2025), 0.02 (Q3 2025), and 0.02 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn 0.10
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn 0.10
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn -0.63
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn -
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn -
6 APi 18.83 Bn 18.18 Bn 620.00 Mn -
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn -0.08
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 0.00
9 Dycom Industries 13.61 Bn 12.90 Bn - -
10 Innovate 231.31 Mn 133.11 Mn 58.90 Mn 0.01

Historic Data

Download Data
DateValue
Dec 31, 2025 0.01
Sep 30, 2025 0.02
Jun 30, 2025 0.02
Mar 31, 2025 -0.02
Dec 31, 2024 0.01
Sep 30, 2024 -0.01
Jun 30, 2024 0.01
Mar 31, 2024 -0.01
Dec 31, 2023 0.01
Sep 30, 2023 0.01
Jun 30, 2023 0.03
Mar 31, 2023 -0.01
Dec 31, 2022 0.02
Sep 30, 2022 -0.03
Jun 30, 2022 0.02
Mar 31, 2022 -0.04
Dec 31, 2021 0.01
Sep 30, 2019 0.00
Jun 30, 2019 -0.27
Mar 31, 2019 0.01