# INNOVATE Corp. (VATE)

> Industrials · US · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/VATE/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 786.40M | $ -6.10M | $ 37.00M | $ 682.40M | $ -233.50M |
| 2025 | $ 1.28B | $ -62.05M | $ 123.38M | $ 717.50M | $ -230.80M |
| 2024 | $ 1.16B | $ -36.37M | $ -10.41M | $ 719.20M | $ -180.40M |
| 2023 | $ 1.54B | $ -38.06M | $ 8.76M | $ 771.90M | $ -165.50M |
| 2022 | $ 1.83B | $ -40.10M | $ -33.74M | $ 785.30M | $ -103.70M |
| 2021 | $ 1.43B | $ -270.42M | $ 3.45M | $ 684.80M | $ -84.30M |
| 2020 | $ 419.89M | $ -117.20M | $ 29.68M | $ 604.30M | $ 570.20M |
| 2019 | $ 2.56B | $ -23.10M | $ 96.68M | $ 774.90M | $ 360.10M |
| 2018 | $ 2.61B | $ 183.44M | $ 398.45M | $ 743.90M | $ 88.10M |
| 2017 | $ 2.20B | $ -66.95M | $ -34.73M | $ 593.17M | $ 73.17M |
| 2016 | $ 2.14B | $ -145.01M | $ 68.93M | $ 428.50M | $ 44.22M |
| 2015 | $ 1.57B | $ -55.92M | $ -75.66M | $ 371.88M | $ 94.03M |
| 2014 | $ 767.55M | $ -23.02M | $ 38.14M | $ 343.37M | $ 89.67M |
| 2013 | $ 584.92M | $ -25.05M | $ -46.78M | $ -33.35M | $ 54.41M |
| 2012 | $ 616.84M | $ 54.33M | $ -11.81M | $ 127.11M | $ 68.50M |
| 2011 | $ 1.45B | $ -56.90M | $ 16.75M | $ 247.76M | $ 93.76M |
| 2010 | $ 1.19B | $ -28.86M | $ 15.24M | $ 243.89M | $ 79.39M |
| 2009 | $ 1.23B | $ 69.74M | $ 21.08M | $ 257.52M | $ 96.34M |
| 2008 | $ 1.36B | $ -37.90M | $ -25.23M | $ 604.84M | $ -461.54M |
| 2007 | $ 1.37B | $ 23.83M | $ -50.39M | $ 673.90M | $ -447.54M |
| 2006 | $ 1.54B | $ -360.30M | $ -30.50M | $ 644.07M | $ -468.26M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | -2.92 |
| Liabilities / Eq | -5.25 |
| Current Ratio | 0.44 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / FCF | 10.68 |

## Other views

- [Metrics](https://sponda.capital/en/VATE.md)
- [Charts](https://sponda.capital/en/VATE/charts.md)
- [Compare](https://sponda.capital/en/VATE/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-29.