Innovate (VATE) Times Interest Earned (2010 - 2025)

Innovate (VATE) posted quarterly Times Interest Earned of $0.6 for Q4 2025, up 367.13% year-over-year from $0.13 in Q4 2024, and up 128.57% on a QoQ basis from $0.26 in Q3 2025.

Innovate (VATE) Times Interest Earned (2010 - 2025) Analysis & Trends

Innovate (VATE) has reported Times Interest Earned for 16 consecutive years, with $0.6 the latest figure, recorded in Q4 2025.

  • In Q4 2025, Times Interest Earned rose 367.13% year-over-year to $0.6; the TTM figure through Dec 2025 stood at $0.32 (down 39.94% YoY), while the FY2025 annual figure was $0.32, down 39.94% from the prior year.
  • Times Interest Earned came in at $0.6 for Q4 2025 at Innovate, up from $0.26 in the prior quarter.
  • The five-year high for Times Interest Earned was $1.75 in Q2 2024, with the low at -$0.62 in Q2 2021.
  • Average Times Interest Earned over 5 years is $0.28, with a median of $0.24 recorded in 2025.
  • The largest YoY upside for Times Interest Earned was 1211.96% in 2023 against a maximum downside of 561.54% in 2023.
  • Year by year, Times Interest Earned stood at $0.55 in 2021, then declined by 13.42% to $0.48 in 2022, then soared by 52.56% to $0.73 in 2023, then plunged by 82.51% to $0.13 in 2024, then surged by 367.13% to $0.6 in 2025.
  • According to Business Quant data, Times Interest Earned over the past three periods registered $0.6, $0.26, and $0.23 for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Times Interest Earned (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn -
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn 4.62
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 3.26
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn 34.33
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 3.43
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn -1.98
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 73.32
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 4.90
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn 16.81
10 Innovate 219.28 Mn 121.08 Mn 58.90 Mn 0.60

Historic Data

Download Data
DateValue
Dec 31, 2025 0.60
Sep 30, 2025 0.26
Jun 30, 2025 0.23
Mar 31, 2025 0.17
Dec 31, 2024 0.13
Sep 30, 2024 0.28
Jun 30, 2024 1.75
Mar 31, 2024 0.16
Dec 31, 2023 0.73
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
Mar 31, 2021 -0.51