What is Innovate's free cash flow yield?

Innovate (VATE) reported free cash flow yield of 271.2% in Q1 2026.

What does free cash flow yield mean?

Trailing-twelve-month free cash flow divided by market capitalization at the quarter end. The cash return the business generates relative to its market price.

Innovate VATE Free cash flow yield

Free cash flow yield at other companies

MTZ

MasTecMTZ

1%-8.9pp

Gray TelevisionGTN

12.8%-147pp

NucorNUE

4.9%-10.9pp

ESO

Energy Services of AmericaESOA

18%—

Sterling Infrastructure, Inc.STRL

3.5%-9.7pp

VMI

Valmont IndustriesVMI

4.4%-4.6pp

Other financials

Income statement

See full

Revenue$364.8M+33.0%

Gross profit$53.5M+17.6%

Operating income$10.0M+194%

Net income-$16.8M+31.4%

EPS (diluted)-$1.29+31.7%

Balance sheet

See full

Cash & equivalents$134.6M+297%

Total debt$1.4B+11.6%

Total equity-$256.3M-25.5%

Total assets$936.8M+7.9%

Cash flow

See full

Operating cash flow$45.5M+423%

CapEx$200.0K-95.7%

Free cash flow$45.3M+341%

Valuation

See full

Market cap$254.69M+196%

Enterprise value$1.52B+21.4%

P/S0.2×+0.1×

Profitability

See full

Gross margin15.5%-3.8pp

Operating margin2.6%-1.2pp

Net margin-4%0.0pp

FCF margin15.7%—

Returns & leverage

See full

Return on equity-8.1%—

Debt / equity1.7×—

Current ratio0.4×0.0×

Where this comes from

Calculated from Innovate’s reported figures.

free cash flow/market cap=271.2%

Based on trailing twelve months.

The official record: Innovate’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

Ask your AI about Innovate's free cash flow yield.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Innovate's free cash flow yield?: Innovate (VATE) reported free cash flow yield of 271.2% in Q1 2026.
What does free cash flow yield mean?: Trailing-twelve-month free cash flow divided by market capitalization at the quarter end. The cash return the business generates relative to its market price.