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| Date | Value |
|---|---|
| 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% |