Innovate VATE
NYSE VATE
$5.70 -0.22 (-3.72%)
As of: Oct 21, 2026 · 3:59 PM EDT

Innovate (VATE) Times Interest Earned (2010 - 2026)

Updated

Innovate's (VATE) Times Interest Earned stood at 1.25 in Q2 2026, up 445.9% from 0.23 a year earlier.

Analysis

Innovate (VATE) Times Interest Earned (2010 - 2026) Analysis & Trends

On a TTM basis, Innovate's Times Interest Earned came in at 0.62 as of Jun 30, 2026, down 70.6% year-over-year; for FY2025, it was 0.32, down 100.0% from FY2024.

  • Across earlier years, Times Interest Earned came in at 1600.00 in FY2024, 17.67 in FY2023, 0.26 in FY2022 and -0.18 in FY2021.
  • The Q2 2026 figure is the highest quarterly Times Interest Earned since Q2 2024.
  • On a year-over-year basis, Times Interest Earned rose in two of the last six quarters, with growth averaging 36.0%.
  • Peak year-over-year performance for Times Interest Earned in the last five years was growth of 477.4% in Q3 2022, against a decline of 86.9% in Q2 2025 at the low end.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Times Interest Earned (Qtr)
1 Quanta Services 89.97 Bn 88.05 Bn 1.55 Bn 9.45
2 Ferrovial 35.96 Bn 14.21 Bn - -
3 Emcor 31.03 Bn 27.43 Bn 1.02 Bn -
4 Jacobs Solutions 16.77 Bn 11.44 Bn 810.70 Mn 5.25
5 Mastec 14.08 Bn 12.87 Bn 556.28 Mn 4.79
6 Sterling Infrastructure 12.66 Bn 10.99 Bn 289.96 Mn 70.87
7 IES Holdings 9.42 Bn 8.28 Bn 340.66 Mn 177.31
8 Stantec 8.00 Bn 6.93 Bn 1.36 Bn 10.57
9 Aecom 7.66 Bn 2.78 Bn -34.04 Mn -1.59
10 Innovate 76.70 Mn -182.60 Mn 79.50 Mn 1.25
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.25
Dec 31, 2025 0.60
Sep 30, 2025 0.26
Jun 30, 2025 0.23
Mar 31, 2025 0.17
Dec 31, 2024 0.05
Sep 30, 2024 0.28
Jun 30, 2024 1.75
Mar 31, 2024 0.16
Dec 31, 2023 0.29
Sep 30, 2023 0.63
Jun 30, 2023 0.36
Mar 31, 2023 -0.26
Dec 31, 2022 0.48
Sep 30, 2022 0.50
Jun 30, 2022 -0.03
Mar 31, 2022 0.06
Dec 31, 2021 0.55
Sep 30, 2021 0.09
Jun 30, 2021 -0.62
API Access

Innovate Times Interest Earned 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=times-interest-earned&ticker=VATE&period=max&api_key=YOUR_API_KEY