---
title: "INNOVATE Corp. (VATE.US)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/VATE.US.md"
symbol: "VATE.US"
name: "INNOVATE Corp."
industry: "Construction and Engineering"
datetime: "2026-05-20T20:43:04.680Z"
locales:
  - [en](https://longbridge.com/en/quote/VATE.US.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/VATE.US.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/VATE.US.md)
---

# INNOVATE Corp. (VATE.US)

## Company Overview

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.

| Item | Detail |
|------|--------|
| Industry | Construction and Engineering |
| Exchange | US Market |
| Website | [innovatecorp.com](https://innovatecorp.com) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-20T04:30:13.000Z

**Overall: C (0.44)**

**Industry**: Construction and Engineering

| Metric | Value |
|--------|-------|
| Industry Ranking | 42 / 64 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 25.37% |  |
| Net Profit YoY | -31.47% |  |
| P/B Ratio | -0.64 |  |
| Dividend Ratio | 0.00% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 164793741.28 |  |
| Revenue | 1336600000.00 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 24.50% | A |
| Profit Margin | -3.96% | D |
| Gross Margin | 14.67% | D |
| Revenue YoY | 25.37% | A |
| Net Profit YoY | -31.47% | D |
| Total Assets YoY | 7.93% | B |
| Net Assets YoY | -37.48% | E |
| Cash Flow Margin | 0.00% | D |
| OCF YoY | 25.37% | A |
| Turnover | 1.48 | A |
| Gearing Ratio | 124.79% | E |

```chart-data:radar
{
  "title": "Longbridge Financial Score - INNOVATE Corp.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "25.37%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-31.47%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "-0.64",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.00%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "164793741.28",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "1336600000.00",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "24.50%",
          "rating": "A"
        },
        {
          "name": "Profit Margin",
          "value": "-3.96%",
          "rating": "D"
        },
        {
          "name": "Gross Margin",
          "value": "14.67%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "25.37%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "-31.47%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "7.93%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "-37.48%",
          "rating": "E"
        },
        {
          "name": "Cash Flow Margin",
          "value": "0.00%",
          "rating": "D"
        },
        {
          "name": "OCF YoY",
          "value": "25.37%",
          "rating": "A"
        },
        {
          "name": "Turnover",
          "value": "1.48",
          "rating": "A"
        },
        {
          "name": "Gearing Ratio",
          "value": "124.79%",
          "rating": "E"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -2.92 | 45/64 | - | - | - |
| PB | -0.64 | 57/64 | - | - | - |
| PS (TTM) | 0.12 | 4/64 | 0.07 | 0.07 | 0.06 |
| Dividend Yield | 0.00% | - | - | - | - |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Quanta Services (PWR.US) | B | B | A | D | B | B |
| 02 | Comfort Systems USA (FIX.US) | A | A | A | D | B | B |
| 03 | EMCOR Grp (EME.US) | B | B | A | D | B | B |
| 04 | Mastec (MTZ.US) | B | A | A | D | B | B |
| 05 | Sterling Infrastructure (STRL.US) | B | A | A | D | B | B |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/VATE.US/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/VATE.US/norm.md)
- [Related News](https://longbridge.com/en/quote/VATE.US/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/VATE.US/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**