INNOVATE Corp. (VATE)

$18.07

up-down-arrow $-0.09 (-0.47%)

As on 24-Jun-2026 11:47EDT

Market cap

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$274 Mln

Revenue (TTM)

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$1,337 Mln

P/E Ratio

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--

P/B Ratio

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0.7

Div. Yield

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0 %

INNOVATE (VATE) Share Price

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Stock Range

Today’s Range

Low: 17.75 High: 18.61

52 Week Range

Low: 3.75 High: 21.30

Liquidityliquidity High

Low Moderate High

Fundamentals

  • Net Profit (TTM)Net Profit (TTM) information

    $0 Mln

  • ROEROE information

    -0.2 %

  • ROCEROCE information

    -- %

  • Industry P/EIndustry P/E information

    30.39

  • EV/EBITDAEV/EBITDA information

    13.7

  • Debt to EquityDebt to Equity information

    -0.3

  • Book ValueBook Value information

    $--

  • EPSEPS information

    $-4

  • Face valueFace value information

    --

  • Shares outstandingShares outstanding information

    13,641,866

10 Years Aggregate

CFO

$623.14 Mln

EBITDA

$480.25 Mln

Net Profit

$-245.73 Mln

Performance

Company
YTD
1 Month
3 Months
1 Year
3 Years
5 Years
10 Years
INNOVATE (VATE)
299.7 37.9 348.3 244.8 1.1 -14.8 -8.6
BSE Sensex
-9.1 2.1 5.9 -6.0 6.9 8.0 11.0
S&P Small-Cap 600#
-5.8 -5.3 -13.7 -6.3 5.3 3.0 5.5
As on 24-Jun-2026  |  #As on 26-Oct-2023
Company
2025
2024
2023
INNOVATE (VATE)
-8.5 -59.5 -34.2
S&P Small-Cap 600
4.0 7.0 13.9
BSE Sensex
9.1 8.1 18.7

Essential Checks

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Is there a threat to the company's solvency?

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How did the company perform in the last one year?

Financials

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*All values are in ($ Mln)

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*All values are in ($ Mln)

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*All values are in ($ Mln)

Key Ratios

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5Y Avg -- 3Y Avg -- TTM --

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P/E Ratio

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--Min --Median --Max

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P/B Ratio

--

--Min --Median --Max

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Earnings Yield (%)

--

Earnings Yield (%) = EBIT / Enterprise value

PEG Ratio

--

Price = Price / Earnings to growth ratio

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Peers

View Details
Company
Price ($) Market Cap ($ Mln) Revenue (TTM) Net Profit (TTM) OPM (%) ROE (%) P/E P/B
INNOVATE (VATE)
18.1 273.7 1,336.6 -52.9 2.7 -- -- 0.7
149.1 11,268.8 3,050.4 426.5 21.5 24 26.9 5.8
373.1 14,606.3 4,976.2 725.1 20.7 39.8 21.1 8.8
1,974.1 69,221.3 10,135.7 1,223.7 15.6 48.5 56.8 24.6
858.4 37,255.5 17,750.9 1,334.8 10.8 37.1 28.1 9.6
774.4 14,193.6 3,633.1 380.5 13.3 38.6 38.1 13.2
77.7 15,005.0 7,679.0 837.0 16.6 -- 18.4 160.2
706.8 105,379.7 29,992.9 1,115.6 5.9 12.6 96.7 11.7
411.3 12,003.9 5,621.7 503.2 14.3 21.7 24 5.0
576.9 11,071.8 4,164.0 344.8 10.7 18.3 31.7 6.6

Shareholding Pattern

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About INNOVATE (VATE)

INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. The company operates through the Infrastructure, Life Sciences, and Spectrum segments. 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; 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; and manufacture of pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators, and various customized products. This segment also offers solutions for digital engineering, modeling and detailing, construction, and heavy equipment installation and facility services, including maintenance, repair, and installation. Its 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. 

  • Chief Financial Officer

    Mr. Michael J. Sena

  • Interim Chief Executive Officer

    Mr. Paul Kenneth Voigt

  • Headquarters

    New York, NY

  • Website

    https://innovatecorp.com

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FAQs for INNOVATE (VATE)

The share price of INNOVATE Corp (VATE) is $18.07 (NYSE) as of 24-Jun-2026 11:47 EDT. INNOVATE Corp (VATE) has given a return of 1.06% in the last 3 years.

Since, TTM earnings of INNOVATE Corp (VATE) is negative, P/E ratio is not available.
The P/B ratio of INNOVATE Corp (VATE) is 0.74 times as on 18-Jun-2026, a 85 discount to its peers’ median range of 4.99 times.


PE & PB ratio at the end of financial year.


Year P/E Ratio P/B Ratio
2025
-1.00
-0.26
2024
-1.87
-0.36
2023
-0.27
-0.06
2022
-0.40
-0.14
2021
-0.13
-0.34

The 52-week high and low of INNOVATE Corp (VATE) are Rs 21.30 and Rs 3.75 as of 24-Jun-2026.

INNOVATE Corp (VATE) has a market capitalisation of $ 274 Mln as on 18-Jun-2026. As per SEBI classification, it is a Small Cap company.

Before investing in INNOVATE Corp (VATE), assess your goals, risk tolerance, and if the company aligns with your long-term plan. Carefully review its business model, financials, and valuation. Avoid making decisions based on tips or short-term trends.

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