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 PE Ratio as of June 2026 (TTM) for INNOVATE Corp. (VATE) is -3.94

According to INNOVATE Corp.’s latest financial reports and current stock price. The company's current PE Ratio is -3.94. This represents a change of 169.77% compared to the average of -1.46 of the last 4 quarters.

INNOVATE Corp. (VATE) Historical PE Ratio (quarterly & annually)

How has VATE PE Ratio performed in the past?

The mean historical PE Ratio of INNOVATE Corp. over the last ten years is -2.65. The current -3.94 PE Ratio has changed 14.76% with respect to the historical average. Over the past ten years (40 quarters), VATE's PE Ratio was at its highest in in the June 2016 quarter at 79.93. The PE Ratio was at its lowest in in the December 2021 quarter at -15.21.

Quarterly (TTM)
Annual

Average

-2.65

Median

-2.31

Minimum

-7.93

Maximum

0.91

INNOVATE Corp. (VATE) PE Ratio by Quarter and Year

Discovering the peaks and valleys of INNOVATE Corp. PE Ratio, 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 = 221.94%

Maximum Annual PE Ratio = 0.91

Minimum Annual Increase = -438.97%

Minimum Annual PE Ratio = -7.93

Quarterly (TTM)
Annual
YearPE RatioChange
2025-0.99-47.28%
2024-1.87-31.97%
2023-2.75-31.91%
2022-4.04221.94%
2021-1.25-29.65%
2020-1.78-42.25%
2019-3.09-438.97%
20180.91-111.48%
2017-7.93112.79%
2016-3.73-57.64%

INNOVATE Corp. (VATE) Average PE Ratio

How has VATE PE Ratio performed in the past?

The current PE Ratio of INNOVATE Corp. (VATE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-1.87

5-year avg

-2.18

10-year avg

-2.65

INNOVATE Corp. (VATE) PE Ratio vs. Peers

How is VATE’s PE Ratio compared to its peers?

INNOVATE Corp.’s PE Ratio is greater than Shimmick Corporation Common Stock (-6.22), less than Dragonfly Energy Holdings Corp. (-0.30), less than Team, Inc. (-2.46), less than Julong Holding Limited Class A Ordinary Shares (141.95), less than AirJoule Technologies Corporation (-3.82), less than High-Trend International Group (-1.23), less than Stardust Power Inc. (-1.06), greater than Heidmar Maritime Holdings Corp. (-6.15), less than ESS Tech, Inc. (-0.39), less than Toro Corp. (19.29),

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