Innovate (VATE) Interest Coverage Ratio (2010 - 2025)

Innovate (VATE) posted quarterly Interest Coverage Ratio of 0.6 for Q4 2025, up 948.47% year-over-year from 0.06 in Q4 2024, and up 551.51% quarter-over-quarter from 0.09 in Q3 2025.

Innovate (VATE) Interest Coverage Ratio (2010 - 2025) Analysis & Trends

Innovate's Interest Coverage Ratio history runs 16 years deep, the most recent figure standing at 0.6 for Q4 2025.

  • In Q4 2025, Interest Coverage Ratio rose 948.47% year-over-year to 0.6; the TTM figure through Dec 2025 stood at 0.96 (down 47.75% YoY), while the FY2025 annual figure was 0.21, down 33.27% from the prior year.
  • Interest Coverage Ratio for Q4 2025 stood at 0.6, up from 0.09 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 1.75 in Q2 2024, with the low at 0.62 in Q2 2021.
  • The 5-year median for Interest Coverage Ratio is 0.12 (2024), against an average of 0.17.
  • Peak annual rise in Interest Coverage Ratio reached 1211.96% in 2023, while the deepest fall reached 645.05% in 2023.
  • Innovate's Interest Coverage Ratio stood at 0.55 in 2021, then tumbled by 65.77% to 0.19 in 2022, then sank by 382.8% to 0.53 in 2023, then surged by 86.86% to 0.07 in 2024, then surged by 948.47% to 0.6 in 2025.
  • Business Quant data shows VATE's Interest Coverage Ratio at 0.6 in Q4 2025, 0.09 in Q3 2025, and 0.08 in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Quanta Services 102.18 Bn 101.77 Bn 1.55 Bn 9.45
2 Comfort Systems Usa 72.82 Bn 70.97 Bn 844.23 Mn 1.34
3 Ferrovial 47.62 Bn 42.63 Bn - -
4 Emcor 36.31 Bn 35.39 Bn 1.02 Bn 810.87
5 Mastec 20.38 Bn 20.19 Bn 556.28 Mn 4.87
6 Sterling Infrastructure 19.23 Bn 18.73 Bn 194.30 Mn 2.15
7 APi 17.20 Bn 16.35 Bn 703.00 Mn 1.67
8 Jacobs Solutions 16.40 Bn 15.02 Bn 794.89 Mn -1.07
9 IES Holdings 15.99 Bn 15.73 Bn 340.66 Mn 177.31
10 Innovate 101.71 Mn 507,135.29 58.90 Mn 0.60

Historic Data

Download Data
DateValue
Dec 31, 2025 0.60
Sep 30, 2025 0.09
Jun 30, 2025 0.08
Mar 31, 2025 0.17
Dec 31, 2024 -0.07
Sep 30, 2024 0.28
Jun 30, 2024 1.75
Mar 31, 2024 0.14
Dec 31, 2023 -0.53
Sep 30, 2023 0.63
Jun 30, 2023 0.36
Mar 31, 2023 -0.21
Dec 31, 2022 0.19
Sep 30, 2022 0.50
Jun 30, 2022 -0.03
Mar 31, 2022 0.04
Dec 31, 2021 0.55
Sep 30, 2021 0.09
Jun 30, 2021 -0.62
Mar 31, 2021 -0.51