Innovate VATE
NYSE VATE
$7.86 -0.15 (-1.87%)
At close: Aug 21, 2026 · 4:00 PM EDT

Innovate (VATE) Tax Rate (2010 - 2026)

Innovate (VATE) posted quarterly Tax Rate of 18.28% for Q4 2025, up 3439.0% year-over-year from 0.52% in Q4 2024, and down 57.0% quarter-over-quarter from 42.51% in Q3 2025.

Innovate (VATE) Tax Rate (2010 - 2026) Analysis & Trends

Innovate's Tax Rate history runs 16 years deep, the most recent figure standing at 18.28% for Q4 2025.

  • In Q4 2025, Tax Rate rose 3439.0% year-over-year to 18.28%; the TTM figure through Dec 2025 stood at 4.07% (up 1480.0% YoY), while the FY2025 annual figure was 4.07%, up 1480.0% from the prior year.
  • Tax Rate for Q4 2025 stood at 18.28%, down from 42.51% in the prior quarter.
  • The five-year high for Tax Rate was 42.51% in Q3 2025, with the low at 48.65% in Q4 2021.
  • The 5-year median for Tax Rate is 14.32% (2023), against an average of 11.11%.
  • The sharpest annual moves came in 2021 and 2025: Tax Rate sank 4869 bps in 2021, then soared 6618 bps in 2025.
  • Innovate's Tax Rate stood at 48.65% in 2021, then jumped by 69 bps to 15.0% in 2022, then rose by 7 bps to 13.98% in 2023, then retreated by 15 bps to 16.11% in 2024, then surged by 213 bps to 18.28% in 2025.
  • Business Quant data shows VATE's Tax Rate at 18.28% in Q4 2025, 42.51% in Q3 2025, and 25.0% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Quanta Services 96.39 Bn 95.88 Bn 1.55 Bn 25.53%
2 Comfort Systems Usa 58.32 Bn 56.46 Bn 844.23 Mn 22.01%
3 Ferrovial 45.15 Bn 40.18 Bn - -
4 Emcor 34.54 Bn 33.61 Bn 1.02 Bn 26.82%
5 IES Holdings 27.27 Bn 26.88 Bn 340.66 Mn 25.04%
6 Mastec 20.83 Bn 20.51 Bn 556.28 Mn 24.77%
7 APi 17.90 Bn 17.04 Bn 703.00 Mn 28.26%
8 Jacobs Solutions 17.64 Bn 16.47 Bn 810.70 Mn 43.37%
9 Sterling Infrastructure 15.87 Bn 15.41 Bn 289.96 Mn 23.33%
10 Innovate 105.53 Mn 17.73 Mn 79.50 Mn 51.37%

Historic Data

Download Data
DateValue
Jun 30, 2026 51.37%
Jun 30, 2026 51.37%
Jun 30, 2026 51.37%
Dec 31, 2025 18.28%
Dec 31, 2025 18.28%
Dec 31, 2025 18.28%
Sep 30, 2025 42.51%
Sep 30, 2025 42.51%
Sep 30, 2025 42.51%
Jun 30, 2025 -25.00%
Jun 30, 2025 -25.00%
Jun 30, 2025 -25.00%
Mar 31, 2025 -37.97%
Mar 31, 2025 -37.97%
Mar 31, 2025 -37.97%
Dec 31, 2024 -16.11%
Dec 31, 2024 -16.11%
Dec 31, 2024 -16.11%
Sep 30, 2024 -23.66%
Sep 30, 2024 -23.66%