Innovate (VATE) Minority Interest (2010 - 2025)
Innovate (VATE) posted quarterly Minority Interest of $13.9 million for Q4 2025, down 10.9% year-over-year from $15.6 million in Q4 2024, and down 20.11% on a QoQ basis from $17.4 million in Q3 2025.
Innovate (VATE) Minority Interest (2010 - 2025) Analysis & Trends
Innovate (VATE) has reported Minority Interest for 15 consecutive years, with $13.9 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Minority Interest fell 10.9% year-over-year to $13.9 million; the TTM figure through Dec 2025 stood at $13.9 million (down 10.9% YoY), while the FY2025 annual figure was $13.9 million, down 10.9% from the prior year.
- Minority Interest came in at $13.9 million for Q4 2025 at Innovate, 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.
- Average Minority Interest over 5 years is $30.7 million, with a median of $16.5 million recorded in 2024.
- Across the five-year window, Minority Interest soared 948.39% in 2022 and tumbled 86.8% in 2023, its largest moves.
- Year by year, Minority Interest stood at $68.1 million in 2021, then declined by 10.43% to $61.0 million in 2022, then slumped by 74.75% to $15.4 million in 2023, then advanced by 1.3% to $15.6 million in 2024, then declined by 10.9% to $13.9 million in 2025.
- According to Business Quant data, Minority Interest over the past three periods registered $13.9 million, $17.4 million, and $17.1 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn |
| 10 | Innovate | 219.28 Mn | 121.08 Mn | 58.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 13.90 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 |