Innovate Corp (NYSE:VATE) — Market Cap & Net Worth

$68.68 Million USD  · Rank #20640

Market Cap & Net Worth: Innovate Corp (VATE)

Innovate Corp (NYSE:VATE) has a market capitalization of $68.68 Million ($68.68 Million) as of May 4, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #20640 globally and #4442 in its home market, demonstrating a -2.32% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Innovate Corp's stock price $11.80 by its total outstanding shares 13655062 (13.66 Million). Analyse cash flow conversion of Innovate Corp to see how efficiently the company converts income to cash.

Innovate Corp Market Cap History: 2015 to 2026

Innovate Corp's market capitalization history from 2015 to 2026. Data shows change from $691.71 Million to $161.13 Million (-15.79% CAGR).

Innovate Corp Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Innovate Corp's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

0.06x

Innovate Corp's market cap is 0.06 times its annual revenue

Industry average: 0.12x Lower than industry average

Latest Price to Earnings (P/E) Ratio

N/A

P/E ratio not applicable due to negative or zero earnings

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2015 $691.71 Million $1.12 Billion -$39.83 Million 0.62x N/A
2016 $775.39 Million $1.56 Billion -$105.40 Million 0.50x N/A
2017 $778.01 Million $1.63 Billion -$49.70 Million 0.48x N/A
2018 $345.20 Million $1.98 Billion $139.00 Million 0.17x 2.48x
2019 $283.74 Million $1.08 Billion -$31.50 Million 0.26x N/A
2020 $426.93 Million $716.90 Million -$92.00 Million 0.60x N/A
2021 $501.62 Million $1.21 Billion -$227.50 Million 0.42x N/A
2022 $253.52 Million $1.64 Billion -$35.90 Million 0.15x N/A
2023 $166.75 Million $1.42 Billion -$35.20 Million 0.12x N/A
2024 $67.46 Million $1.11 Billion -$34.60 Million 0.06x N/A

Competitor Companies of VATE by Market Capitalization

Companies near Innovate Corp in the global market cap rankings as of May 4, 2026.

Key companies related to Innovate Corp by market ranking:

  • Quanta Services Inc (NYSE:PWR): Ranked #296 globally with a market cap of $87.09 Billion USD.
  • Vinci S.A. (PA:DG): Ranked #350 globally with a market cap of $75.08 Billion USD ( €64.22 Billion EUR).
  • Larsen & Toubro Limited (NSE:LT): Ranked #438 globally with a market cap of $59.72 Billion USD ( Rs5.52 Trillion INR).
  • Larsen & Toubro Limited (IL:LTOD): Ranked #439 globally with a market cap of $59.59 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#296 Quanta Services Inc NYSE:PWR $87.09 Billion $742.21
#350 Vinci S.A. PA:DG $75.08 Billion €128.50
#438 Larsen & Toubro Limited NSE:LT $59.72 Billion Rs4014.00
#439 Larsen & Toubro Limited IL:LTOD $59.59 Billion $42.40

Innovate Corp Historical Marketcap From 2015 to 2026

Between 2015 and today, Innovate Corp's market cap moved from $691.71 Million to $ 161.13 Million, with a yearly change of -15.79%.

Year Market Cap Change (%)
2026 $161.13 Million +161.06%
2025 $61.72 Million -8.50%
2024 $67.46 Million -59.55%
2023 $166.75 Million -34.22%
2022 $253.52 Million -49.46%
2021 $501.62 Million +17.49%
2020 $426.93 Million +50.46%
2019 $283.74 Million -17.80%
2018 $345.20 Million -55.63%
2017 $778.01 Million +0.34%
2016 $775.39 Million +12.10%
2015 $691.71 Million --

End of Day Market Cap According to Different Sources

On May 4th, 2026 the market cap of Innovate Corp was reported to be:

Source Market Cap
Yahoo Finance $68.68 Million USD
MoneyControl $68.68 Million USD
MarketWatch $68.68 Million USD
marketcap.company $68.68 Million USD
Reuters $68.68 Million USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Innovate Corp

NYSE:VATE USA Engineering & Construction
Market Cap
$161.13 Million
Market Cap Rank
#20640 Global
#4442 in USA
Share Price
$11.80
Change (1 day)
-1.67%
52-Week Range
$3.98 - $13.00
All Time High
$72.87
About

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 tru… Read more