VATE Stock Price, Chart, Stats & News

VATE chart
Fundamentals
Gross margin | 14.62% |
Operating margin | 2.74% |
Pretax margin | -4.94% |
Net margin | -4.86% |
Effective tax rate | -27.15% |
ROA | -6.38% |
ROE | 27.42% |
D/E | -3.11x |
Interest coverage ratio | 0.38x |
VATE valuation
P/E | – |
P/S | 0.05x |
P/B | -0.27x |
P/CF | 0.42x |
P/FCF | 0.52x |
P/OCF | 0.42x |
PEG | -0.08x |
EV multiple | -8.40x |
About
INNOVATE Corp. (VATE), a New York-based entity founded in 1994 and previously known as HC2 Holdings, Inc. until its name change in September 2021, manages a diverse range of subsidiaries operating within the infrastructure, life sciences, and spectrum sectors across the United States. Its extensive infrastructure division delivers services such as industrial construction, structural steel work, and facility maintenance. These capabilities are applied to a wide array of projects, including commercial structures like office complexes, hotels, casinos, convention centers, sports arenas, shopping malls, and hospitals, as well as significant industrial and civic infrastructure like dams, bridges, mines, metal processing plants, refineries, pulp and paper mills, and power generation facilities.
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