INNOVATE Corp. (VATE)

Last Closing Price: 18.98 (2026-06-05)

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) $1.25B
Net Income (Most Recent Fiscal Year) $-60.60M
PE Ratio (Current Year Earnings Estimate) --
PE Ratio (Trailing 12 Months) --
PEG Ratio (Long Term Growth Estimate) --
Price to Sales Ratio (Trailing 12 Months) 0.19
Price to Book Ratio (Most Recent Quarterly Book Value per Share) --
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) --
Pre-Tax Margin (Trailing 12 Months) -4.26%
Net Margin (Trailing 12 Months) -3.96%
Return on Equity (Trailing 12 Months) --
Return on Assets (Trailing 12 Months) -5.73%
Current Ratio (Most Recent Fiscal Quarter) 0.40
Quick Ratio (Most Recent Fiscal Quarter) 0.38
Debt to Common Equity (Most Recent Fiscal Quarter) --
Inventory Turnover (Trailing 12 Months) 64.32
Book Value per Share (Most Recent Fiscal Quarter) $-16.57
Earnings per Share (Most Recent Fiscal Quarter) --
Earnings per Share (Most Recent Fiscal Year) --
Diluted Earnings per Share (Trailing 12 Months) $-4.25
Stock
Exchange NYSE
Sector Industrials
Industry Engineering & Construction
Common Shares Outstanding 13.64M
Free Float 5.81M
Market Capitalization $258.92M
Average Volume (Last 20 Days) 0.06M
Beta (Past 60 Months) 2.32
Percentage Held By Insiders (Latest Annual Proxy Report) 57.40%
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%