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VATE Stock Price, Chart, Stats & News

256.88M
Market cap
Current P/E
4.86x
Forward P/E
4.14%
Dividend yield

VATE chart

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3M
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5Y
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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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