INNOVATE Corp. (VATE)
NYSE: VATE · Real-Time Price · USD
12.11
+4.70 (63.43%)
Aug 7, 2026, 4:00 PM EDT - Market closed

INNOVATE Statistics

Total Valuation

INNOVATE has a market cap or net worth of $165.20 million. The enterprise value is $759.70 million.

Market Cap165.20M
Enterprise Value 759.70M

Important Dates

The last earnings date was Thursday, August 6, 2026, after market close.

Earnings Date Aug 6, 2026
Ex-Dividend Date n/a

Share Statistics

INNOVATE has 13.64 million shares outstanding. The number of shares has increased by 2.11% in one year.

Current Share Class 13.64M
Shares Outstanding 13.64M
Shares Change (YoY) +2.11%
Shares Change (QoQ) +4.67%
Owned by Insiders (%) 62.79%
Owned by Institutions (%) 17.98%
Float 4.33M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.11
Forward PS n/a
PB Ratio n/a
P/TBV Ratio n/a
P/FCF Ratio 1.57
P/OCF Ratio 1.17
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 8.05, with an EV/FCF ratio of 7.20.

EV / Earnings n/a
EV / Sales 0.50
EV / EBITDA 8.05
EV / EBIT 11.71
EV / FCF 7.20

Financial Position

The company has a current ratio of 0.44

Current Ratio 0.44
Quick Ratio 0.39
Debt / Equity n/a
Debt / EBITDA 7.23
Debt / FCF 6.47
Interest Coverage 0.65

Financial Efficiency

Return on Equity (ROE) n/a
Return on Assets (ROA) 4.28%
Return on Invested Capital (ROIC) 17.71%
Return on Capital Employed (ROCE) -84.62%
Weighted Average Cost of Capital (WACC) 12.64%
Revenue Per Employee $405,618
Profits Per Employee -$6,421
Employee Count3,738
Asset Turnover 1.60
Inventory Turnover 71.81

Taxes

In the past 12 months, INNOVATE has paid $7.20 million in taxes.

Income Tax 7.20M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +113.20% in the last 52 weeks. The beta is 2.37, so INNOVATE's price volatility has been higher than the market average.

Beta (5Y) 2.37
52-Week Price Change +113.20%
50-Day Moving Average 13.32
200-Day Moving Average 8.35
Relative Strength Index (RSI) 60.48
Average Volume (20 Days) 796,336

Short Selling Information

The latest short interest is 456,004, so 3.34% of the outstanding shares have been sold short.

Short Interest 456,004
Short Previous Month 246,866
Short % of Shares Out 3.34%
Short % of Float 10.52%
Short Ratio (days to cover) 3.37

Income Statement

In the last 12 months, INNOVATE had revenue of $1.52 billion and -$24.00 million in losses. Loss per share was -$1.81.

Revenue1.52B
Gross Profit 241.60M
Operating Income 64.90M
Pretax Income -14.70M
Net Income -24.00M
EBITDA 94.40M
EBIT 64.90M
Loss Per Share -$1.81
Full Income Statement

Balance Sheet

The company has $87.80 million in cash and $682.30 million in debt, with a net cash position of -$594.50 million or -$43.58 per share.

Cash & Cash Equivalents 87.80M
Total Debt 682.30M
Net Cash -594.50M
Net Cash Per Share -$43.58
Equity (Book Value) -220.00M
Book Value Per Share -17.83
Working Capital -604.10M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $141.20 million and capital expenditures -$35.70 million, giving a free cash flow of $105.50 million.

Operating Cash Flow 141.20M
Capital Expenditures -35.70M
Depreciation & Amortization 29.50M
Net Borrowing -46.30M
Free Cash Flow 105.50M
FCF Per Share $7.73
Full Cash Flow Statement

Margins

Gross margin is 15.93%, with operating and profit margins of 4.28% and -1.48%.

Gross Margin 15.93%
Operating Margin 4.28%
Pretax Margin -0.97%
Profit Margin -1.48%
EBITDA Margin 6.23%
EBIT Margin 4.28%
FCF Margin 6.96%

Dividends & Yields

INNOVATE does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -2.11%
Shareholder Yield -2.11%
Earnings Yield -14.53%
FCF Yield 63.86%
Dividend Details

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (3Y) n/a
EPS Growth Forecast (3Y) n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number n/a
Graham Upside n/a

Stock Splits

The last stock split was on August 9, 2024. It was a reverse split with a ratio of 1:10.

Last Split Date Aug 9, 2024
Split Type Reverse
Split Ratio 1:10

Scores

INNOVATE has an Altman Z-Score of 0.23 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.23
Piotroski F-Score 5