INNOVATE Corp. (VATE) stock
VATENYSEFabricated Structural Metal ProductsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 12, 2026Score 8/3092% below fair value
$4.57−0.29 (-5.97%)
Close on Nov 13, 2026Market cap $62.34MP/E –Yield –
Innovate operating margin
Operating margin is operating income as a percentage of revenue.
Innovate's operating margin for the twelve months ending Sep 30, 2026 was 5.3%. For fiscal 2025 it was 2.3%, against 3.6% the year before. The highest annual figure on record is 3.6% in fiscal 2024.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 2.3% | −1.3 |
| FY2024 | Dec 31, 2024 | 3.6% | +1.8 |
| FY2023 | Dec 31, 2023 | 1.9% | +1.0 |
| FY2022 | Dec 31, 2022 | 0.8% | +1.7 |
| FY2021 | Dec 31, 2021 | -0.9% | +3.1 |
| FY2020 | Dec 31, 2020 | -3.9% | −6.3 |
| FY2019 | Dec 31, 2019 | 2.3% | +5.2 |
| FY2018 | Dec 31, 2018 | -2.8% | −2.8 |
| FY2017 | Dec 31, 2017 | -0.1% | +0.0 |
| FY2016 | Dec 31, 2016 | -0.1% | −0.2 |
| FY2015 | Dec 31, 2015 | 0.1% | +2.6 |
| FY2014 | Dec 31, 2014 | -2.6% | +14.4 |
| FY2013 | Dec 31, 2013 | -17.0% | +0.2 |
| FY2012 | Dec 31, 2012 | -17.1% | −7.1 |
| FY2011 | Dec 31, 2011 | -10.0% | −7.9 |
| FY2010 | Dec 31, 2010 | -2.1% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 6.0% | +4.2 |
| Q2 FY2026 | Jun 30, 2026 | 8.2% | +6.2 |
| Q1 FY2026 | Mar 31, 2026 | 2.7% | +1.5 |
| Q4 FY2025 | Dec 31, 2025 | 3.7% | +2.7 |
| Q3 FY2025 | Sep 30, 2025 | 1.8% | −0.7 |
| Q2 FY2025 | Jun 30, 2025 | 2.0% | −7.2 |
| Q1 FY2025 | Mar 31, 2025 | 1.2% | +0.4 |
| Q4 FY2024 | Dec 31, 2024 | 1.1% | −2.8 |
| Q3 FY2024 | Sep 30, 2024 | 2.4% | −0.4 |
| Q2 FY2024 | Jun 30, 2024 | 9.2% | +7.6 |
| Q1 FY2024 | Mar 31, 2024 | 0.9% | +2.1 |
| Q4 FY2023 | Dec 31, 2023 | 3.9% | +2.3 |
| Q3 FY2023 | Sep 30, 2023 | 2.9% | +1.3 |
| Q2 FY2023 | Jun 30, 2023 | 1.6% | +1.7 |
| Q1 FY2023 | Mar 31, 2023 | -1.3% | −1.4 |
| Q4 FY2022 | Dec 31, 2022 | 1.6% | −0.2 |
| Q3 FY2022 | Sep 30, 2022 | 1.6% | +1.3 |
| Q2 FY2022 | Jun 30, 2022 | -0.1% | +3.1 |
| Q1 FY2022 | Mar 31, 2022 | 0.2% | +6.5 |
| Q4 FY2021 | Dec 31, 2021 | 1.7% | −4.0 |
| Q3 FY2021 | Sep 30, 2021 | 0.3% | +9.7 |
| Q2 FY2021 | Jun 30, 2021 | -3.2% | +1.7 |
| Q1 FY2021 | Mar 31, 2021 | -6.3% | +0.9 |
| Q4 FY2020 | Dec 31, 2020 | 5.8% | +12.4 |
| Q3 FY2020 | Sep 30, 2020 | -9.4% | −11.2 |
| Q2 FY2020 | Jun 30, 2020 | -4.9% | −11.9 |
| Q1 FY2020 | Mar 31, 2020 | -7.3% | −13.0 |
| Q4 FY2019 | Dec 31, 2019 | -6.6% | −4.3 |
| Q3 FY2019 | Sep 30, 2019 | 1.8% | +6.6 |
| Q2 FY2019 | Jun 30, 2019 | 7.0% | +8.1 |
| Q1 FY2019 | Mar 31, 2019 | 5.7% | +8.7 |
| Q4 FY2018 | Dec 31, 2018 | -2.3% | −2.0 |
| Q3 FY2018 | Sep 30, 2018 | -4.8% | −7.5 |
| Q2 FY2018 | Jun 30, 2018 | -1.1% | +1.9 |
| Q1 FY2018 | Mar 31, 2018 | -3.0% | −3.3 |
| Q4 FY2017 | Dec 31, 2017 | -0.3% | −1.5 |
| Q3 FY2017 | Sep 30, 2017 | 2.6% | – |
| Q2 FY2017 | Jun 30, 2017 | -3.0% | – |
| Q1 FY2017 | Mar 31, 2017 | 0.3% | – |
| Q4 FY2016 | Dec 31, 2016 | 1.1% | – |
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