Innovate VATE
NYSE VATE
$7.17 +0.10 (+1.41%)
At close: Sep 11, 2026 · 4:00 PM EDT

Innovate (VATE) Price to FCF (2010 - 2025)

Innovate (VATE) posted Price to FCF of 0.66 for Q4 2025, down 88.74% on a QoQ basis from 5.86 in Q3 2025, and down 57.32% year-over-year from 1.55 in Q4 2024.

Analysis

Innovate (VATE) Price to FCF (2010 - 2025) Analysis & Trends

Innovate has reported Price to FCF for 16 years, with the latest figure at 0.66 in Q4 2025.

  • On a quarterly basis, Price to FCF fell 57.32% year-over-year to 0.66 in Q4 2025; TTM through Dec 2025 was 0.51, a 109.6% increase from a year earlier, with the FY2025 full-year figure at 0.51, up 109.6% from the prior year.
  • Price to FCF was 0.66 for Q4 2025 at Innovate, down from 5.86 in the prior quarter.
  • The five-year high for Price to FCF was 11.85 in Q2 2023, with the low at 19.0 in Q2 2021.
  • Average Price to FCF over 5 years is 0.98, with a median of 1.1 recorded in 2025.
  • The sharpest annual moves came in 2021 and 2023: Price to FCF plunged 587.05% in 2021, then soared 728.34% in 2023.
  • Over 5 years, Price to FCF stood at 4.36 in 2021, then plunged by 42.09% to 2.53 in 2022, then slumped by 31.98% to 1.72 in 2023, then slipped by 10.11% to 1.55 in 2024, then tumbled by 57.32% to 0.66 in 2025.
  • The last three Price to FCF figures came in at 0.66 (Q4 2025), 5.86 (Q3 2025), and 2.0 (Q2 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Ferrovial 40.46 Bn 37.11 Bn -
2 Emcor 34.53 Bn 33.61 Bn 1.02 Bn
3 Jacobs Solutions 16.62 Bn 15.43 Bn 810.70 Mn
4 Sterling Infrastructure 15.68 Bn 15.25 Bn 289.96 Mn
5 Aecom 8.18 Bn 7.37 Bn -34.04 Mn
6 Stantec 7.95 Bn 7.95 Bn 1.36 Bn
7 Fluor 7.35 Bn 4.40 Bn 179.00 Mn
8 Argan 5.81 Bn 5.26 Bn 74.22 Mn
9 Installed Building Products 5.43 Bn 5.03 Bn 258.90 Mn
10 Innovate 97.81 Mn 24.61 Mn 79.50 Mn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 0.66
Sep 30, 2025 5.86
Jun 30, 2025 2.00
Mar 31, 2025 -5.53
Dec 31, 2024 1.55
Sep 30, 2024 -1.55
Jun 30, 2024 2.91
Mar 31, 2024 -1.80
Dec 31, 2023 1.72
Sep 30, 2023 6.29
Jun 30, 2023 11.85
Mar 31, 2023 -2.91
Dec 31, 2022 2.53
Sep 30, 2022 -1.00
Jun 30, 2022 3.96
Mar 31, 2022 -4.26
Dec 31, 2021 4.36
Sep 30, 2021 -15.63
Jun 30, 2021 -19.00
Mar 31, 2021 -11.58