Innovate (VATE) Property, Plant & Equipment (Net) (2010 - 2026)
Innovate (VATE) posted Property, Plant & Equipment (Net) of $136.3 million for Q2 2026, up 3.2% from $132.1 million a year earlier.
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 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
| Date | Value |
|---|---|
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "ticker": "VATE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=property-plant-and-equipment-net&ticker=VATE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();