Innovate (VATE) Return on Capital Employed (2011 - 2025)

Innovate (VATE) posted quarterly Return on Capital Employed of 28.01% for Q4 2025, down 3774.0% year-over-year from 0.76% in Q4 2024, and down 19.76% on a QoQ basis from 23.39% in Q3 2025.

Innovate (VATE) Return on Capital Employed (2011 - 2025) Analysis & Trends

Innovate (VATE) has reported Return on Capital Employed for 11 consecutive years, with 28.01% the latest figure, recorded in Q4 2025.

  • In Q4 2025, Return on Capital Employed fell 3774.0% year-over-year to 28.01%; the TTM figure through Dec 2025 stood at 28.01% (down 3774.0% YoY), while the FY2025 annual figure was 25.29%, down 3354.0% from the prior year.
  • Return on Capital Employed came in at 28.01% for Q4 2025 at Innovate, down from 23.39% in the prior quarter.
  • The five-year high for Return on Capital Employed was 262.99% in Q2 2025, with the low at 28.01% in Q4 2025.
  • Average Return on Capital Employed over 5 years is 19.27%, with a median of 1.99% recorded in 2022.
  • The largest YoY upside for Return on Capital Employed was 25408 bps in 2025 against a maximum downside of 3774 bps in 2025.
  • Year by year, Return on Capital Employed stood at 1.49% in 2021, then soared by 221 bps to 1.81% in 2022, then soared by 123 bps to 4.04% in 2023, then soared by 141 bps to 9.73% in 2024, then sank by 388 bps to 28.01% in 2025.
  • According to Business Quant data, Return on Capital Employed over the past three periods registered 28.01%, 23.39%, and 262.99% for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn 36.46%
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn 10.73%
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 12.69%
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn 30.01%
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 8.37%
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn 7.34%
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 42.91%
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 16.41%
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn 29.61%
10 Innovate 219.28 Mn 121.08 Mn 58.90 Mn -28.01%

Historic Data

Download Data
DateValue
Dec 31, 2025 -28.01%
Sep 30, 2025 -23.39%
Jun 30, 2025 262.99%
Mar 31, 2025 127.07%
Dec 31, 2024 9.73%
Sep 30, 2024 11.98%
Jun 30, 2024 8.91%
Mar 31, 2024 5.17%
Dec 31, 2023 4.04%
Sep 30, 2023 3.58%
Jun 30, 2023 3.36%
Mar 31, 2023 1.20%
Dec 31, 2022 1.81%
Sep 30, 2022 2.16%
Jun 30, 2022 1.28%
Mar 31, 2022 0.15%
Dec 31, 2021 -1.49%
Sep 30, 2021 -0.20%
Jun 30, 2021 -2.61%
Mar 31, 2021 -2.34%