VATE
IndustrialsINNOVATE Corp.
$5.24
+$0.04 (+0.77%)
Jan 5, 2026
Price History (1Y)
Analysis
INNOVATE Corp. (VATE) operates within the Industrials sector and Engineering & Construction industry, with a market capitalization of $71.55M. The company has a significant scale, employing 3135 individuals and generating revenue of $1.10B over the trailing twelve months. From a financial health perspective, INNOVATE Corp. exhibits mixed results. On one hand, its gross margin stands at 17.0%, while its operating margin is 1.8%. However, the company's profit margin is negative, at -6.3%. Additionally, its return on assets (ROA) is 1.2%, indicating a modest level of profitability. The balance sheet shows that INNOVATE Corp. has a cash position of $35.50M and debt totaling $723.70M. Valuation context suggests that INNOVATE Corp. may be viewed as undervalued, with a price to book ratio of -0.31. However, the company's valuation metrics are incomplete due to missing P/E ratios for both the trailing twelve months (TTM) and forward periods. Revenue growth has been robust, with a year-over-year increase of 43.3%.
This analysis is AI-generated for informational purposes only and should not be considered financial advice. Data may be delayed or inaccurate. Always do your own research and consult a qualified financial advisor before making investment decisions.
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.
Visit website →Key Statistics
- Market Cap
- $71.55M
- P/E Ratio
- N/A
- 52-Week High
- $13.79
- 52-Week Low
- $4.05
- Avg Volume
- 33.18K
- Beta
- 1.61
Company Info
- Industry
- Engineering & Construction
- Exchange
- NYQ
- Country
- United States
- Employees
- 3,135