Innovate (VATE) Return on Capital Employed [ROCE] (2011 - 2025)
Innovate (VATE) posted Return on Capital Employed [ROCE] of 262.99% for Q2 2025, up 254.08 percentage points from 8.91% a year earlier and up 135.92 percentage points from the prior quarter.
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Analysis
Innovate (VATE) Return on Capital Employed [ROCE] (2011 - 2025) Analysis & Trends
For FY2024, Innovate's Return on Capital Employed [ROCE] came in at 8.26%, up 4.38 percentage points from FY2023.
- Annual Return on Capital Employed [ROCE] has increased for four consecutive years, with a four-year change of +11.38 percentage points (FY2020 to FY2024).
- In prior years, Innovate's Return on Capital Employed [ROCE] was 3.88% in FY2023 (+1.96 pp), 1.92% in FY2022 (+2.22 pp), -0.31% in FY2021 (+2.81 pp) and -3.12% in FY2020.
- The Q2 2025 figure stands as the highest quarterly Return on Capital Employed [ROCE] in data going back to Q3 2011.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased in each of the last 15 quarters, with an average year-over-year change of +50.40 percentage points over the last eight quarters.
- Over the past five years, the year-over-year gain in Return on Capital Employed [ROCE] ranged from 1.05 percentage points (Q1 2023) to 254.08 percentage points (Q2 2025).
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 127.07% (Q1 2025), 9.73% (Q4 2024) and 11.98% (Q3 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 82.10 Bn | 80.29 Bn | 1.55 Bn | 12.55% |
| 2 | Ferrovial | 35.78 Bn | 16.09 Bn | - | - |
| 3 | Emcor | 28.64 Bn | 25.04 Bn | 1.02 Bn | 41.90% |
| 4 | Jacobs Solutions | 16.99 Bn | 11.64 Bn | 810.70 Mn | 8.23% |
| 5 | Mastec | 13.74 Bn | 12.65 Bn | 556.28 Mn | 12.51% |
| 6 | Sterling Infrastructure | 10.90 Bn | 9.26 Bn | 289.96 Mn | 35.48% |
| 7 | IES Holdings | 8.51 Bn | 7.37 Bn | 340.66 Mn | 41.31% |
| 8 | Stantec | 8.11 Bn | 7.04 Bn | 1.36 Bn | 28.75% |
| 9 | Aecom | 7.78 Bn | 3.11 Bn | -34.04 Mn | 10.51% |
| 10 | Innovate | 75.58 Mn | -169.12 Mn | 79.50 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Dec 31, 2020 | -3.66% |
| Sep 30, 2015 | -0.05% |
API Access
Innovate Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=VATE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=VATE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();