INNOVATE Corp.

INNOVATE Corp.verified

VATE

Price:

$16.72

Market Cap:

$228.09M

INNOVATE Corp. (VATE), a New York-based entity founded in 1994 and previously known as HC2 Holdings, Inc. until its name change in September 2021, manages a diverse range of subsidiaries operating within the infrastructure, life sciences, and spectrum sectors across the United States. Its extensive infrastructure division delivers services such as industrial construction, structural steel work, and facility maintenance. These capabilities are applied to a wide array of projects, including commercial structures like office complexes, hotels, casinos, convention centers, sports arenas, shopping malls, and hospitals, as well as significant industrial and civic infrastructure like dams, bridges,...[Read more]

Industry

Engineering & Construction

IPO Date

2009-07-13

Stock Exchange

NYSE

Ticker

VATE

The Enterprise Value as of June 2026 (TTM) for INNOVATE Corp. (VATE) is 858.99M

According to INNOVATE Corp.’s latest financial reports and current stock price. The company's current Enterprise Value is 858.99M. This represents a change of 20.57% compared to the average of 712.42M of the last 4 quarters.

INNOVATE Corp. (VATE) Historical Enterprise Value (quarterly & annually)

How has VATE Enterprise Value performed in the past?

The mean historical Enterprise Value of INNOVATE Corp. over the last ten years is 750.48M. The current 858.99M Enterprise Value has changed 11.35% with respect to the historical average. Over the past ten years (40 quarters), VATE's Enterprise Value was at its highest in in the June 2021 quarter at 1.02B. The Enterprise Value was at its lowest in in the September 2018 quarter at 274.70M.

Quarterly (TTM)
Annual

Average

750.48M

Median

729.04M

Minimum

545.46M

Maximum

924.57M

INNOVATE Corp. (VATE) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of INNOVATE Corp. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 27.88%

Maximum Annual Enterprise Value = 924.57M

Minimum Annual Increase = -38.68%

Minimum Annual Enterprise Value = 545.46M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2025665.14M-9.52%
2024735.10M-6.70%
2023787.86M-7.29%
2022849.83M-8.08%
2021924.57M27.88%
2020722.98M6.57%
2019678.42M24.38%
2018545.46M-38.68%
2017889.47M25.99%
2016705.98M25.24%

INNOVATE Corp. (VATE) Average Enterprise Value

How has VATE Enterprise Value performed in the past?

The current Enterprise Value of INNOVATE Corp. (VATE) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

729.37M

5-year avg

792.50M

10-year avg

750.48M

INNOVATE Corp. (VATE) Enterprise Value vs. Peers

How is VATE’s Enterprise Value compared to its peers?

INNOVATE Corp.’s Enterprise Value is greater than Shimmick Corporation Common Stock (149.39M), greater than Dragonfly Energy Holdings Corp. (69.16M), greater than Team, Inc. (420.74M), greater than Julong Holding Limited Class A Ordinary Shares (482.02M), greater than AirJoule Technologies Corporation (271.94M), greater than High-Trend International Group (11.76M), greater than Stardust Power Inc. (18.00M), greater than Heidmar Maritime Holdings Corp. (50.32M), greater than ESS Tech, Inc. (7.39M), greater than Toro Corp. (19.33M),

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Frequently asked questions❓

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How does the current Enterprise Value for INNOVATE Corp. (VATE) compare to its historical average?