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% quarter-over-quarter from 23.39% in Q3 2025.

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

Innovate's Return on Capital Employed history runs 11 years deep, the most recent figure standing at 28.01% for 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 for Q4 2025 stood at 28.01%, 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.
  • The 5-year median for Return on Capital Employed is 1.99% (2022), against an average of 19.27%.
  • Peak annual rise in Return on Capital Employed reached 25408 bps in 2025, while the deepest fall reached 3774 bps in 2025.
  • Innovate's Return on Capital Employed stood at 1.49% in 2021, then surged by 221 bps to 1.81% in 2022, then surged by 123 bps to 4.04% in 2023, then surged by 141 bps to 9.73% in 2024, then tumbled by 388 bps to 28.01% in 2025.
  • Business Quant data shows VATE's Return on Capital Employed at 28.01% in Q4 2025, 23.39% in Q3 2025, and 262.99% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Quanta Services 102.18 Bn 101.77 Bn 1.55 Bn 12.55%
2 Comfort Systems Usa 72.82 Bn 70.97 Bn 844.23 Mn 25.26%
3 Ferrovial 47.62 Bn 42.63 Bn - -
4 Emcor 36.31 Bn 35.39 Bn 1.02 Bn 29.45%
5 Mastec 20.38 Bn 20.19 Bn 556.28 Mn 14.60%
6 Sterling Infrastructure 19.23 Bn 18.73 Bn 194.30 Mn 30.01%
7 APi 17.20 Bn 16.35 Bn 703.00 Mn 8.75%
8 Jacobs Solutions 16.40 Bn 15.02 Bn 794.89 Mn 7.34%
9 IES Holdings 15.99 Bn 15.73 Bn 340.66 Mn 41.31%
10 Innovate 101.71 Mn 507,135.29 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%