Innovate VATE
NYSE VATE
$5.52 -0.09 (-1.60%)
As of: Oct 23, 2026 · 3:54 PM EDT

Innovate (VATE) Property, Plant & Equipment (Net) (2010 - 2026)

Updated

Innovate (VATE) posted Property, Plant & Equipment (Net) of $136.3 million for Q2 2026, up 3.2% from $132.1 million a year earlier.

Analysis

Innovate (VATE) Property, Plant & Equipment (Net) (2010 - 2026) Analysis & Trends

At the end of FY2025, Innovate's Property, Plant & Equipment (Net) came in at $131.6 million, down 1.5% from FY2024.

  • Annual Property, Plant & Equipment (Net) has declined for four consecutive years, though with a five-year compound annual growth rate of 3.1% (FY2020 to FY2025).
  • In prior years, Innovate's Property, Plant & Equipment (Net) was $133.6 million in FY2024 (-13.6%), $154.6 million in FY2023 (-6.3%), $165 million in FY2022 (-2.9%) and $169.9 million in FY2021 (+50.6%).
  • The Q2 2026 figure stands as the highest quarterly Property, Plant & Equipment (Net) since Q2 2024.
  • On a year-over-year basis, Property, Plant & Equipment (Net) increased in two of the last seven quarters, with an average decline of 6.5%.
  • The strongest year-over-year quarter for Property, Plant & Equipment (Net) in the past five years was Q4 2021, with growth of 50.6%; the weakest was Q3 2021, with a decline of 21.3%.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PP&E (Net) (Qtr)
1 Quanta Services 82.37 Bn 80.45 Bn 1.55 Bn 3.70 Bn
2 Ferrovial 35.66 Bn 13.90 Bn - 1.19 Bn
3 Emcor 28.79 Bn 25.18 Bn 1.02 Bn 278.62 Mn
4 Jacobs Solutions 17.11 Bn 11.77 Bn 810.70 Mn 311.57 Mn
5 Mastec 13.35 Bn 12.13 Bn 556.28 Mn 1.92 Bn
6 Sterling Infrastructure 10.94 Bn 9.27 Bn 289.96 Mn 322.89 Mn
7 IES Holdings 8.50 Bn 7.36 Bn 340.66 Mn 353.81 Mn
8 Stantec 8.11 Bn 7.03 Bn 1.36 Bn 219.09 Mn
9 Aecom 7.78 Bn 2.90 Bn -34.04 Mn 459.69 Mn
10 Innovate 73.83 Mn -185.47 Mn 79.50 Mn 136.30 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 136.30 Mn
Dec 31, 2025 131.60 Mn
Sep 30, 2025 134.40 Mn
Jun 30, 2025 132.10 Mn
Mar 31, 2025 132.60 Mn
Dec 31, 2024 133.60 Mn
Sep 30, 2024 132.60 Mn
Jun 30, 2024 143.70 Mn
Mar 31, 2024 146.80 Mn
Dec 31, 2023 154.60 Mn
Sep 30, 2023 160.20 Mn
Jun 30, 2023 161.50 Mn
Mar 31, 2023 164.00 Mn
Dec 31, 2022 165.00 Mn
Sep 30, 2022 168.00 Mn
Jun 30, 2022 164.50 Mn
Mar 31, 2022 165.80 Mn
Dec 31, 2021 169.90 Mn
Sep 30, 2021 168.20 Mn
Jun 30, 2021 173.30 Mn
API Access

Innovate Property, Plant & Equipment (Net) API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=property-plant-and-equipment-net&ticker=VATE&period=max&api_key=YOUR_API_KEY