About Innovate Corp
Ticker
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VATE
Trading on
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NYSE
ISIN
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US45784J3032
Industry
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Engineering & Construction
Sector
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Industrials
CEO
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-
Headquarters
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295 Madison Avenue, New York, NY, United States, 10017
Employees
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3,135
Website
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innovatecorp.com
INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. The Infrastructure segment provides industrial construction, structural steel, and facility maintenance services, such as fabrication and erection of structural steel and heavy steel plate services, and large-diameter water pipes and water storage tanks; fabrication of trusses and girders; and 3-D building information modeling and detailing for commercial, industrial, and infrastructure construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills, and power plants. This segment also offers solutions for digital engineering, modeling and detailing, construction, and heavy equipment installation and facility services, including maintenance, repair, and installation; and manufactures pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators, and various customized products. The Life Sciences segment develops products to treat early osteoarthritis of the knee; and aesthetic and medical technologies for the skin. The Spectrum segment operates over-the-air broadcasting stations across the United States. The company was formerly known as HC2 Holdings, Inc. and changed its name to INNOVATE Corp. in September 2021. The company was incorporated in 1994 and is headquartered in New York, New York.
Metrics
BasicAdvanced
Market cap
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$68M
P/E ratio
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-
EPS
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-$5.66
Dividend Yield
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0.00%
Beta
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1.58
Forward P/E ratio
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0
EBIDTA
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$47.8M
Ex dividend date
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2025-06-02
Price & volume
Market cap
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$68M
Average daily volume
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0M
90-day return
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-
30-day return
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-
7-day return
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-
Dividends
Dividend per share
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$0.00
Dividend yield
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0.00%
Forward dividend per share
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$1.42
Forward dividend yield
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22.02%
Payout ratio
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0.00%
Valuation
P/E ratio
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0
Forward P/E
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0
PEG ratio
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-
Trailing P/E
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0
Price to sales
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0.06
Price to book
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0.74
Earnings
EPS
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-$5.66
EPS estimate (current quarter)
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$0.00
EPS estimate (next quarter)
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$0.00
EBITDA
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$47.8M
Revenues (TTM)
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$1.1B
Revenues per share (TTM)
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$83.76
Technicals
Beta
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1.58
52-week High
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$13.79
52-week Low
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$4.05
50-day moving average
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$5.01
200-day moving average
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$5.96
Short ratio
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8.57
Short %
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5.32%
Management effectiveness
ROE (TTM)
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-19.13%
ROA (TTM)
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1.17%
Profit margin
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-6.35%
Gross profit margin
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$187M
Operating margin
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1.76%
Growth
Quarterly earnings growth (YoY)
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0.00%
Quarterly revenue growth (YoY)
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43.30%
Share stats
Outstanding Shares
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13.7M
Float
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4.2M
Insiders %
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60.01%
Institutions %
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18.60%
Earnings per share (EPS) forecast
windowbar_chart_4_bars
Actual
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Expected
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Surprise
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-$1.13
-
-
Q4 • 24Beat
-$1.29
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-
Q1 • 25Beat
-$1.67
-
-
Q2 • 25Current
QuarterlyAnnual
Financial Performance
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Income StatementBalance SheetCash Flow
windowbar_chart_4_bars
Revenue
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Net income
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Profit margin
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$242M
$-19.8M
-8.18%
Q2 • 25
$347M
$-23.8M
-6.86%
Q3 • 25
43.43%
20.20%
-16.19%
QoQ growth
QuarterlyAnnual
Totals assets
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Total liabilities
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Debt to assets
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$891M
$1.1B
123.26%
Q2 • 25
$913M
$1.12B
122.74%
Q3 • 25
2.50%
2.08%
-0.42%
QoQ growth
QuarterlyAnnual
Operating
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Investing
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Financing
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Free cash flow
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$40.4M
$-6.3M
$-34.6M
$34.3M
Q2 • 25
$19.2M
$-4.9M
$-11.9M
$11.4M
Q3 • 25
-52.48%
-22.22%
-65.61%
-66.76%
QoQ growth
QuarterlyAnnual

Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Past performance is no guarantee of future results. Your return may be affected by currency fluctuations and applicable fees and charges. The value of your investment may go up as well as down. When investing, your capital at risk.

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FAQs

How much is a Innovate Corp share?
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Innovate Corp shares are currently traded for undefined per share.

How many shares does Innovate Corp have?
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Innovate Corp currently has 13.7M shares.

Does Innovate Corp pay dividends?
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No, Innovate Corp doesn't pay dividends.

What is Innovate Corp 52 week high?
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Innovate Corp 52 week high is $13.79.

What is Innovate Corp 52 week low?
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Innovate Corp 52 week low is $4.05.

What is the 200-day moving average of Innovate Corp?
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Innovate Corp 200-day moving average is $5.96.

Who is Innovate Corp CEO?
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The CEO of Innovate Corp is -.

How many employees Innovate Corp has?
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Innovate Corp has 3,135 employees.

What is the market cap of Innovate Corp?
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The market cap of Innovate Corp is $68M.

What is the P/E of Innovate Corp?
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The current P/E of Innovate Corp is null.

What is the EPS of Innovate Corp?
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The EPS of Innovate Corp is -$5.66.

What is the PEG Ratio of Innovate Corp?
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The PEG Ratio of Innovate Corp is null.