Innovate Share Price (NYSE: VATE)

$4.88

▲

0.11

(2.31%)

Last updated on August 23, 2025 at 1:24 AM IST

$₹

Check the interactive Innovate Stock chart to analyse performance

Innovate Corp Key Stats

Check Innovate key stats like market cap, P/E ratio, EPS, Dividend Yield, and more.

Previous Close	$4.77
Open	$4.76
Market Capitalization	$63.6M
Today's Volume	$27.4K
Revenue TTM	$995.0M
EBITDA	$48.2M
Earnings Per Share (EPS)	$-6.29
Profit Margin	-7.63%
Quarterly Earnings Growth YOY	0.0%
Return On Equity TTM	-19.13%

Stock Returns calculator for Innovate Stock including INR - Dollar returns

The Innovate stock calculator helps Indian investors calculate returns based on the historical performance of the stock. Just choose your investment amount and duration to get insights and invest more confidently. See stock returns as well as the effect of dollar appreciation over different durations.

*Dollar Return is the profit earned when the US dollar rises in value compared to the Indian rupee.

Investment Value

₹1,00,000

Innovate investment value today

Current value as on today

₹1,20,230

Returns

₹20,230

(+20.23%)

Returns from Innovate Stock

₹15,914 (+15.91%)

Dollar Returns*

₹4,316 (+4.32%)

Indian investors sentiment towards Innovate Stock

-53%

Period: Jul 25, 2025 to Aug 24, 2025. Change in 30 Days versus previous period

Search interest for Innovate Stock from India on INDmoney has decreased by -53% in the last 30 days, reflecting a downward trend in search activity.

Global Institutional Holdings in Innovate Corp

Name
Holdings %
Name
Holdings %
Whitefort Capital Management, LP.
5.57%
Jefferies Financial Group Inc
5.25%
Vanguard Group Inc
2.96%
Prescott Group Capital Management LLC
1.02%
Geode Capital Management, LLC
0.99%
BlackRock Inc
0.56%

Analyst Recommendation on Innovate Stock

Rating

Trend

Buy

85%Buy

14%Hold

0%Sell

Based on 7 Wall street analysts offering stock ratings for Innovate(by analysts ranked 0 to 5 stars)

Innovate Stock Insights

Price Movement
In the last 3 months, VATE stock has moved down by -24.5%
Decreasing Revenue
Revenue is down for the last 2 quarters, 274.2M → 242.0M (in $), with an average decrease of 11.7% per quarter
Increasing Net Profit
Netprofit is up for the last 2 quarters, -24.5M → -19.8M (in $), with an average increase of 23.7% per quarter
VATE vs FIX (1 yr)
In the last 1 year, Comfort Systems Usa Inc has given 103.6% return, outperforming this stock by 93.7%
VATE vs FIX (3 yr)
In the last 3 years, Comfort Systems Usa Inc has given 573.7% return, outperforming this stock by 643.1%
Price to Sales
ForVATE every $1 of sales, investors are willing to pay $0.1, whereas for Comfort Systems Usa Inc, the investors are paying $3.2 for every $1 of sales.

Innovate Corp Financials

Revenue

Profit

Cash Flow

Annually

Quarterly

FY19

FY20

FY21

FY22

FY23

FY24

	FY19	Y/Y Change
Revenue	$1.8B	↓ 8.35%
Net Income	$-17.6M	↓ 112.66%
Net Profit Margin	-0.97%	↓ 8.0%

	FY20	Y/Y Change
Revenue	$1.0B	↓ 44.48%
Net Income	$-46.4M	↑ 163.64%
Net Profit Margin	-4.61%	↓ 3.64%

	FY21	Y/Y Change
Revenue	$1.2B	↑ 19.83%
Net Income	$-79.8M	↑ 71.98%
Net Profit Margin	-6.62%	↓ 2.01%

	FY22	Y/Y Change
Revenue	$1.6B	↑ 35.85%
Net Income	$-40.8M	↓ 48.87%
Net Profit Margin	-2.49%	↑ 4.13%

	FY23	Y/Y Change
Revenue	$1.4B	↓ 13.09%
Net Income	$-37.6M	↓ 7.84%
Net Profit Margin	-2.64%	↓ 0.15%

	FY24	Y/Y Change
Revenue	$1.1B	↓ 22.2%
Net Income	$-35.8M	↓ 4.79%
Net Profit Margin	-3.23%	↓ 0.59%

Q1 FY24

Q2 FY24

Q3 FY24

Q4 FY24

Q1 FY25

Q2 FY25

	Q1 FY24	Q/Q Change
Revenue	$315.2M	↓ 12.69%
Net Income	$-17.7M	↑ 84.38%
Net Profit Margin	-5.62%	↓ 2.96%

	Q2 FY24	Q/Q Change
Revenue	$313.1M	↓ 0.67%
Net Income	$14.4M	↓ 181.36%
Net Profit Margin	4.6%	↑ 10.22%

	Q3 FY24	Q/Q Change
Revenue	$242.2M	↓ 22.64%
Net Income	$-15.0M	↓ 204.17%
Net Profit Margin	-6.19%	↓ 10.79%

	Q4 FY24	Q/Q Change
Revenue	$236.6M	↓ 2.31%
Net Income	$-16.6M	↑ 10.67%
Net Profit Margin	-7.02%	↓ 0.83%

	Q1 FY25	Q/Q Change
Revenue	$274.2M	↑ 15.89%
Net Income	$-24.5M	↑ 47.59%
Net Profit Margin	-8.94%	↓ 1.92%

	Q2 FY25	Q/Q Change
Revenue	$242.0M	↓ 11.74%
Net Income	$-19.8M	↓ 19.18%
Net Profit Margin	-8.18%	↑ 0.76%

FY19

FY20

FY21

FY22

FY23

FY24

	FY19	Y/Y Change
Profit	$279.3M	↑ 43.82%

	FY20	Y/Y Change
Profit	$167.3M	↓ 40.1%

	FY21	Y/Y Change
Profit	$183.7M	↑ 9.8%

	FY22	Y/Y Change
Profit	$221.4M	↑ 20.52%

	FY23	Y/Y Change
Profit	$216.0M	↓ 2.44%

	FY24	Y/Y Change
Profit	$208.8M	↓ 3.33%

Q1 FY24

Q2 FY24

Q3 FY24

Q4 FY24

Q1 FY25

Q2 FY25

	Q1 FY24	Q/Q Change
Profit	$44.2M	↓ 22.18%

	Q2 FY24	Q/Q Change
Profit	$61.2M	↑ 38.46%

	Q3 FY24	Q/Q Change
Profit	$48.2M	↓ 21.24%

	Q4 FY24	Q/Q Change
Profit	$46.4M	↓ 3.73%

	Q1 FY25	Q/Q Change
Profit	$45.5M	↓ 1.94%

	Q2 FY25	Q/Q Change
Profit	$45.6M	↑ 0.22%

FY19

FY20

FY21

FY22

FY23

FY24

	FY19	Y/Y Change
Operating Cash Flow	$110.5M	↓ 67.63%
Investing Cash Flow	$-263.7M	↑ 17.41%
Financing Cash Flow	$62.4M	↓ 45.83%

	FY20	Y/Y Change
Operating Cash Flow	$41.7M	↓ 62.26%
Investing Cash Flow	$162.3M	↓ 161.55%
Financing Cash Flow	$-204.6M	↓ 427.88%

	FY21	Y/Y Change
Operating Cash Flow	$27.0M	↓ 35.25%
Investing Cash Flow	$-223.2M	↓ 237.52%
Financing Cash Flow	$4.3M	↓ 102.1%

	FY22	Y/Y Change
Operating Cash Flow	$-9.5M	↓ 135.19%
Investing Cash Flow	$-22.5M	↓ 89.92%
Financing Cash Flow	$68.1M	↑ 1483.72%

	FY23	Y/Y Change
Operating Cash Flow	$26.5M	↓ 378.95%
Investing Cash Flow	$39.1M	↓ 273.78%
Financing Cash Flow	$-65.3M	↓ 195.89%

	FY24	Y/Y Change
Operating Cash Flow	$9.1M	↓ 65.66%
Investing Cash Flow	$-13.9M	↓ 135.55%
Financing Cash Flow	$-26.5M	↓ 59.42%

Q1 FY24

Q2 FY24

Q3 FY24

Q4 FY24

Q1 FY25

Q2 FY25

	Q1 FY24	Q/Q Change
Operating Cash Flow	$-25.4M	↓ 141.5%
Investing Cash Flow	$-3.3M	↑ 57.14%
Financing Cash Flow	$-12.9M	↓ 62.82%

	Q2 FY24	Q/Q Change
Operating Cash Flow	$21.5M	↓ 184.65%
Investing Cash Flow	$2.6M	↓ 178.79%
Financing Cash Flow	$17.5M	↓ 235.66%

	Q3 FY24	Q/Q Change
Operating Cash Flow	$-28.4M	↓ 232.09%
Investing Cash Flow	$-3.3M	↓ 226.92%
Financing Cash Flow	$1.8M	↓ 89.71%

	Q4 FY24	Q/Q Change
Operating Cash Flow	$41.4M	↓ 245.77%
Investing Cash Flow	$-9.9M	↑ 200.0%
Financing Cash Flow	$-32.9M	↓ 1927.78%

	Q1 FY25	Q/Q Change
Operating Cash Flow	$-14.1M	↓ 134.06%
Investing Cash Flow	$-3.9M	↓ 60.61%
Financing Cash Flow	$2.4M	↓ 107.29%

	Q2 FY25	Q/Q Change
Operating Cash Flow	$24.2M	↓ 271.63%
Investing Cash Flow	$88.9M	↓ 2379.49%
Financing Cash Flow	$-134.1M	↓ 5687.5%

Innovate Technicals Summary

Sell

Neutral

Buy

Innovate is currently in a neutral trading position according to technical analysis indicators.

Innovate Corp Vs Peers

Returns

Ratio's

Overview

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Innovate Corp	-17.9%	-52.82%	13.3%	-70.19%	-87.25%
Emcor Group Inc.	-3.79%	56.09%	61.8%	392.69%	724.21%
Quanta Services, Inc.	-9.86%	46.56%	40.26%	157.27%	643.29%
Aecom	6.65%	28.57%	23.55%	58.26%	218.9%
Comfort Systems Usa Inc	0.07%	92.23%	104.21%	554.66%	1237.01%
Jacob Solutions	3.46%	15.59%	-1.09%	11.02%	67.73%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Innovate Corp	NA	NA	NA	0.0	-0.19	0.01	NA	-16.86
Emcor Group Inc.	25.37	25.37	1.32	25.21	0.38	0.12	0.0	68.17
Quanta Services, Inc.	58.46	58.46	1.86	10.59	0.14	0.05	0.0	52.92
Aecom	24.08	24.08	1.08	5.26	0.29	0.05	0.01	18.84
Comfort Systems Usa Inc	35.63	35.63	2.06	23.18	0.4	0.13	0.0	56.0
Jacob Solutions	37.77	37.77	1.9	6.05	0.08	0.05	0.01	31.93

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Innovate Corp	Buy	$63.6M	-87.25%	NA	-7.63%
Emcor Group Inc.	Buy	$27.3B	724.21%	25.37	7.07%
Quanta Services, Inc.	Buy	$56.4B	643.29%	58.46	3.73%
Aecom	Buy	$16.1B	218.9%	24.08	3.82%
Comfort Systems Usa Inc	Buy	$24.5B	1237.01%	35.63	9.01%
Jacob Solutions	Buy	$17.6B	67.73%	37.77	4.16%

About Innovate Corp

INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. The Infrastructure segment provides industrial construction, structural steel, and facility maintenance services, such as fabrication and erection of structural steel and heavy steel plate services, and large-diameter water pipes and water storage tanks; fabrication of trusses and girders; and 3-D building information modeling and detailing for commercial, industrial, and infrastructure construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills, and power plants. This segment also offers solutions for digital engineering, modeling and detailing, construction, and heavy equipment installation and facility services, including maintenance, repair, and installation; and manufactures pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators, and various customized products. The Life Sciences segment develops products to treat early osteoarthritis of the knee; and aesthetic and medical technologies for the skin. The Spectrum segment operates over-the-air broadcasting stations across the United States. The company was formerly known as HC2 Holdings, Inc. and changed its name to INNOVATE Corp. in September 2021. The company was incorporated in 1994 and is headquartered in New York, New York.

Organization	Innovate
Employees	3135
CEO	Mr. Paul Kenneth Voigt
Industry	Apparel/Footwear

Key Management of Innovate Corp

Name	Title
Mr. Paul Kenneth Voigt	Interim Chief Executive Officer
Mr. Michael J. Sena CPA	CFO, Treasurer & Corporate Secretary
Mr. Anthony Rozmus	Investor Relations Officer

Important FAQs about investing in VATE Stock from India :

What is Innovate share price today?

Innovate share price today is $4.88 as on August 23, 2025 at 1:24 AM IST at the close of the market. Innovate share today touched a day high of {{1_rba_end}} and a low of {{1_rba_st}}.

What is the 52 week high and 52 week low for Innovate share?

Innovate share touched a 52 week high of {{rba_end}} and a 52 week low of {{rba_st}}. Innovate stock price today i.e. August 23, 2025 at 1:24 AM IST is closed at $4.88, lower by 64.61% versus the 52 week high.

How to invest in Innovate Stock (VATE) from India?

Step 1: Open a free US stocks account on INDmoney App and transfer your Rupees into Dollars to your INDmoney US stocks account. For a step by step instruction, check How to Transfer Money to Your US Stocks Account .
Step 2: Search for Innovate on INDmoney app. Click on Buy button. You can invest as low as $1.5 in Innovate Shares that will get you 0.3074 shares as per Innovate share price of $4.88 per share as on August 23, 2025 at 1:24 AM IST.

What is the minimum amount required to buy Innovate Stock (VATE) from India?

Indian investors can start investing in Innovate (VATE) shares with as little as ₹87.521 or $1 (as of August 25, 2025) using the INDmoney app.
For example: If you want to invest $10 or ₹875.21 in Innovate stock (as per the Rupee-Dollar exchange rate as on August 25, 2025). Based on Innovate share’s latest price of $4.88 as on August 23, 2025 at 1:24 AM IST, you will get 2.0492 shares of Innovate. Learn more about fractional shares .

What are the returns that Innovate has given to Indian investors in the last 5 years?

Innovate stock has given -87.25% share price returns and 18.0% dollar appreciation to an Indian investor in the last 5 years.
Read more about How do Currency Exchange Rates impact your returns on US Stock Investments?