Innovate (VATE) Minority Interest (2010 - 2025)
Innovate (VATE) posted quarterly Minority Interest of $10.9 million for Q4 2025, down 30.13% year-over-year from $15.6 million in Q4 2024, and down 37.36% quarter-over-quarter from $17.4 million in Q3 2025.
Innovate (VATE) Minority Interest (2010 - 2025) Analysis & Trends
Innovate's Minority Interest history runs 15 years deep, the most recent figure standing at $10.9 million for Q4 2025.
- In Q4 2025, Minority Interest fell 30.13% year-over-year to $10.9 million; the TTM figure through Dec 2025 stood at $10.9 million (down 30.13% YoY), while the FY2025 annual figure was $10.9 million, down 30.13% from the prior year.
- Minority Interest for Q4 2025 stood at $10.9 million, down from $17.4 million in the prior quarter.
- The five-year high for Minority Interest was $70.3 million in Q3 2021, with the low at $6.2 million in Q2 2021.
- The 5-year median for Minority Interest is $16.5 million (2024), against an average of $30.5 million.
- The sharpest annual moves came in 2022 and 2023: Minority Interest surged 948.39% in 2022, then sank 86.8% in 2023.
- Innovate's Minority Interest stood at $68.1 million in 2021, then retreated by 10.43% to $61.0 million in 2022, then plunged by 74.75% to $15.4 million in 2023, then grew by 1.3% to $15.6 million in 2024, then tumbled by 30.13% to $10.9 million in 2025.
- Business Quant data shows VATE's Minority Interest at $10.9 million in Q4 2025, $17.4 million in Q3 2025, and $17.1 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Quanta Services | 102.18 Bn | 101.77 Bn | 1.55 Bn |
| 2 | Comfort Systems Usa | 72.82 Bn | 70.97 Bn | 844.23 Mn |
| 3 | Ferrovial | 47.62 Bn | 42.63 Bn | - |
| 4 | Emcor | 36.31 Bn | 35.39 Bn | 1.02 Bn |
| 5 | Mastec | 20.38 Bn | 20.19 Bn | 556.28 Mn |
| 6 | Sterling Infrastructure | 19.23 Bn | 18.73 Bn | 194.30 Mn |
| 7 | APi | 17.20 Bn | 16.35 Bn | 703.00 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 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 10.90 Mn |
| Sep 30, 2025 | 17.40 Mn |
| Jun 30, 2025 | 17.10 Mn |
| Mar 31, 2025 | 15.40 Mn |
| Dec 31, 2024 | 15.60 Mn |
| Sep 30, 2024 | 15.80 Mn |
| Jun 30, 2024 | 15.90 Mn |
| Mar 31, 2024 | 38.60 Mn |
| Dec 31, 2023 | 15.40 Mn |
| Sep 30, 2023 | 8.30 Mn |
| Jun 30, 2023 | 10.10 Mn |
| Mar 31, 2023 | 12.10 Mn |
| Dec 31, 2022 | 61.00 Mn |
| Sep 30, 2022 | 62.90 Mn |
| Jun 30, 2022 | 65.00 Mn |
| Mar 31, 2022 | 66.20 Mn |
| Dec 31, 2021 | 68.10 Mn |
| Sep 30, 2021 | 70.30 Mn |
| Jun 30, 2021 | 6.20 Mn |
| Mar 31, 2021 | 18.00 Mn |