Innovate (VATE) Invested Capital (2010 - 2025)

Innovate (VATE) posted quarterly Invested Capital of $80.3 million for Q4 2025, down 83.96% year-over-year from $500.6 million in Q4 2024, and down 17.47% quarter-over-quarter from $97.3 million in Q3 2025.

Innovate (VATE) Invested Capital (2010 - 2025) Analysis & Trends

Innovate's Invested Capital history runs 16 years deep, the most recent figure standing at $80.3 million for Q4 2025.

  • In Q4 2025, Invested Capital fell 83.96% year-over-year to $80.3 million; the TTM figure through Dec 2025 stood at $477.6 million (down 79.08% YoY), while the FY2025 annual figure was $80.3 million, down 83.96% from the prior year.
  • Invested Capital for Q4 2025 stood at $80.3 million, down from $97.3 million in the prior quarter.
  • The five-year high for Invested Capital was $683.8 million in Q4 2022, with the low at $80.3 million in Q4 2025.
  • The 5-year median for Invested Capital is $590.4 million (2022), against an average of $497.3 million.
  • The sharpest annual moves came in 2021 and 2025: Invested Capital soared 374.04% in 2021, then slumped 83.96% in 2025.
  • Innovate's Invested Capital stood at $556.8 million in 2021, then climbed by 22.81% to $683.8 million in 2022, then retreated by 0.66% to $679.3 million in 2023, then dropped by 26.31% to $500.6 million in 2024, then plunged by 83.96% to $80.3 million in 2025.
  • Business Quant data shows VATE's Invested Capital at $80.3 million in Q4 2025, $97.3 million in Q3 2025, and $160.1 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Quanta Services 102.18 Bn 101.77 Bn 1.55 Bn 683.02 Mn
2 Comfort Systems Usa 72.82 Bn 70.97 Bn 844.23 Mn 215,000.00
3 Ferrovial 47.62 Bn 42.63 Bn - 12.14 Bn
4 Emcor 36.31 Bn 35.39 Bn 1.02 Bn -
5 Mastec 20.38 Bn 20.19 Bn 556.28 Mn 166.40 Mn
6 Sterling Infrastructure 19.23 Bn 18.73 Bn 194.30 Mn 15.14 Mn
7 APi 17.20 Bn 16.35 Bn 703.00 Mn 306.00 Mn
8 Jacobs Solutions 16.40 Bn 15.02 Bn 794.89 Mn -
9 IES Holdings 15.99 Bn 15.73 Bn 340.66 Mn -
10 Innovate 101.71 Mn 507,135.29 58.90 Mn 80.30 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 80.30 Mn
Sep 30, 2025 97.30 Mn
Jun 30, 2025 160.10 Mn
Mar 31, 2025 139.90 Mn
Dec 31, 2024 500.60 Mn
Sep 30, 2024 502.40 Mn
Jun 30, 2024 638.30 Mn
Mar 31, 2024 641.50 Mn
Dec 31, 2023 679.30 Mn
Sep 30, 2023 586.80 Mn
Jun 30, 2023 519.60 Mn
Mar 31, 2023 664.30 Mn
Dec 31, 2022 683.80 Mn
Sep 30, 2022 627.90 Mn
Jun 30, 2022 594.10 Mn
Mar 31, 2022 601.00 Mn
Dec 31, 2021 556.80 Mn
Sep 30, 2021 602.80 Mn
Jun 30, 2021 606.30 Mn
Mar 31, 2021 463.30 Mn