NYSE · Engineering & Construction

INNOVATE Corp. (VATE) Stock

$7.22 +0.28% NYSE: VATE Industrials

Valuation

MetricValue
Price$7.22
Market Cap$98.49M
P/E Ratio-3.89
P/B Ratio-0.41
P/S Ratio0.06
EPS (TTM)$-4.84
52-Week High$21.30
52-Week Low$3.75
Dividend Yield10.68%

Financials & Margins

MetricValue
ROE9.58%
ROA-2.23%
ROCE-88.53%
Gross Margin2.73%
Operating Margin2.73%
Net Margin-1.48%
Debt/Equity-2.92
Current Ratio0.44

Annual Financials (USD)

Metric20212022202320242025
Revenue$1.2B$1.6B$1.4B$1.1B$1.2B
Operating Profit$-11.0M$13.0M$27.0M$40.0M$34.0M
Net Profit$-227.0M$-36.0M$-35.0M$-35.0M$-61.0M
EPS$-10.35$-5.26$-4.78$-2.73$-4.84
Op Margin-0.9%0.8%1.9%3.6%2.7%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$1.1B$1.2B$1.0B$891.0M$950.0M
Total Liabilities$1.1B$1.2B$1.2B$1.1B$1.2B
Cash$46.0M$80.0M$81.0M$49.0M$112.0M
Borrowings$685.0M$785.0M$772.0M$719.0M$718.0M

Latest News

DBM Global to Pay Cash Dividend GlobeNewswire · Jul 8, 2026 INNOVATE’s Portfolio Company DBM Global to Pay Cash Dividend GlobeNewswire · Jul 8, 2026 The Zacks Analyst Blog Highlights Applied Materials, Mastercard, AbbVie, INNOVATE and BranchOut Zacks · Jul 6, 2026 Top Research Reports for Applied Materials, Mastercard & AbbVie Zacks · Jul 2, 2026 INNOVATE Announces Successful Closing of Broadcasting Refinancing and Agrees to Partial Sale of Broadcasting GlobeNewswire · Jun 1, 2026

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$90.0M$-9.0M$27.0M$9.0M$147.0M
Investing Cash Flow$-323.0M$-43.0M$5.0M$-33.0M$-49.0M
Financing Cash Flow$-22.0M$-1.0M$-7.0M$0$-1.0M
Net Cash Flow$2.0M$35.0M$1.0M$-33.0M$63.0M
Free Cash Flow$65.0M$-30.0M$8.0M$-10.0M$121.0M

Valuation & Return Ratios

MetricValue
PEG Ratio-0.03
EV / EBITDA6.06
FCF Yield108.52%
Quick Ratio0.43
Interest Coverage0.68
Return 1Y77.76%
Return 3Y-48.32%
Return 5Y-74.02%

Ownership

Insiders Held60.31%
Institutions Held17.95%
Institutions Float Held45.22%
Institutional HolderSharesReport Date
Whitefort Capital Management, LP743,0002026-03-31
Jefferies Financial Group Inc.700,8022026-03-31
Vanguard Capital Management LLC224,1562026-03-31
Arena Capital Advisors, LLC- CA127,9342026-06-30
Prescott Group Capital Management, L.L.C.109,4482026-03-31

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
AIRJAirJoule Technologies Corporation $3.61 -2.17% -3.02 $261.37M 0.00%
DFLIDragonfly Energy Holdings Corp $0.47 -3.75% -0.05 $6.05M 0.00%
GWH $0.16 +0.00% -0.06 $4.61M 0.00%
HMRHeidmar Maritime Holdings Corp. $1.84 -2.39% 29.09 $108.25M 0.00%
HTCOHigh-Trend International Group $1.29 -12.84% -1.23 $10.88M 0.00%

About INNOVATE Corp.

INNOVATE Corp. is led by CEO Paul Kenneth Voigt, employs 3,135 people, headquartered in US, publicly traded since 2009.

INNOVATE Corp. (VATE) stock trades at $7.22 with a market capitalization of $98.49M. The stock is valued at a price-to-earnings (P/E) ratio of -3.89, price-to-book of -0.41, price-to-sales of 0.06. Over the past 52 weeks the stock has ranged between $3.75 and $21.30, and currently trades 66.1% below its 52-week high. It pays a dividend yielding 10.68%.

On profitability, INNOVATE Corp. generates a return on equity (ROE) of 9.58%, return on capital employed of -88.53%, an operating margin of 2.73%, a net profit margin of -1.48%.

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