INNOVATE Corp. (VATE)

Last Closing Price: 4.86 (2025-12-04)

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) 0.06
Price to Book Ratio (Most Recent Quarterly Book Value per Share) --
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 11.01
Pre-Tax Margin (Trailing 12 Months) -6.10%
Net Margin (Trailing 12 Months) -6.35%
Return on Equity (Trailing 12 Months) --
Return on Assets (Trailing 12 Months) -7.84%
Current Ratio (Most Recent Fiscal Quarter) 0.43
Quick Ratio (Most Recent Fiscal Quarter) 0.41
Debt to Common Equity (Most Recent Fiscal Quarter) --
Inventory Turnover (Trailing 12 Months) 46.04
Book Value per Share (Most Recent Fiscal Quarter) $-12.01
Earnings per Share (Most Recent Fiscal Quarter) --
Earnings per Share (Most Recent Fiscal Year) --
Diluted Earnings per Share (Trailing 12 Months) $-5.56
Stock
Exchange NYSE
Sector Industrials
Industry Engineering & Construction
Common Shares Outstanding 13.65M
Free Float 6.08M
Market Capitalization $68.00M
Average Volume (Last 20 Days) 0.01M
Beta (Past 60 Months) 1.57
Percentage Held By Insiders (Latest Annual Proxy Report) 55.50%
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%