INNOVATE Corp. (VATE)

Last Closing Price: 6.06 (2025-05-29)

Company Description

INNOVATE Corp. is a portfolio of assets in areas of infrastructure, life sciences and spectrum. INNOVATE Corp., formerly known as HC2 Holdings Inc., is based in NEW YORK.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $1.11B
Net Income (Most Recent Fiscal Year) $-34.60M
PE Ratio (Current Year Earnings Estimate) --
PE Ratio (Trailing 12 Months) --
PEG Ratio (Long Term Growth Estimate) --
Price to Sales Ratio (Trailing 12 Months) 0.08
Price to Book Ratio (Most Recent Quarterly Book Value per Share) --
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 13.39
Pre-Tax Margin (Trailing 12 Months) -3.31%
Net Margin (Trailing 12 Months) -3.91%
Return on Equity (Trailing 12 Months) --
Return on Assets (Trailing 12 Months) -4.69%
Current Ratio (Most Recent Fiscal Quarter) 0.44
Quick Ratio (Most Recent Fiscal Quarter) 0.42
Debt to Common Equity (Most Recent Fiscal Quarter) --
Inventory Turnover (Trailing 12 Months) 41.77
Book Value per Share (Most Recent Fiscal Quarter) $-13.88
Earnings per Share (Most Recent Fiscal Quarter) --
Earnings per Share (Most Recent Fiscal Year) --
Diluted Earnings per Share (Trailing 12 Months) $-3.36
Stock
Exchange NYSE
Sector Industrials
Industry Engineering & Construction
Common Shares Outstanding 13.28M
Free Float 5.95M
Market Capitalization $80.50M
Average Volume (Last 20 Days) 0.04M
Beta (Past 60 Months) 2.23
Percentage Held By Insiders (Latest Annual Proxy Report) 55.20%
Percentage Held By Institutions (Latest 13F Reports) 34.28%
Annual Dividend (Based on Last Quarter) $0.00
Dividend Yield (Based on Last Quarter) 0.00%