INNOVATE Corp. (VATE) Stock Score, Valuation & Financial Research
INNOVATE Corp. is in the Industrials sector and Engineering & Construction industry. It is reviewed using Wall Street Score's company-strength, valuation, growth and financial-health framework. The current Wall Street Score is 29/100.
Quick answer for VATE
INNOVATE Corp. currently has a Wall Street Score of 29/100. The stored market price is $7.16. Its financial score is 21/100. Its valuation score is 0/100. These figures are a research snapshot, not a buy or sell recommendation.
What INNOVATE Corp. does
INNOVATE Corp. (VATE), a New York-based entity founded in 1994 and previously known as HC2 Holdings, Inc. until its name change in September 2021, manages a diverse range of subsidiaries operating within the infrastructure, life sciences, and spectrum sectors across the United States. Its extensive infrastructure division delivers services such as industrial construction, structural steel work, and facility maintenance. These capabilities are applied to a wide array of projects, including commercial structures like office complexes, hotels, casinos, convention centers, sports arenas, shopping malls, and hospitals, as well as significant industrial and civic infrastructure like dams, bridges, mines, metal processing plants, refineries, pulp and paper mills, and power generation facilities. INNOVATE also manufactures specialized components such as trusses, girders, water pipes, storage tan
VATE financial snapshot
- Wall Street Score:
- 29/100
- Current price:
- $7.16
- Market capitalization:
- $97.7M
- Revenue:
- $1.34B
- Net income:
- $-52.9M
- Free cash flow:
- $120.5M
- Cash:
- $134.6M
- Total debt:
- $765.5M
- EPS:
- -4.84
- Financial score:
- 21/100
- Valuation score:
- 0/100
- Revenue score:
- 27/100
What stands out
- Reported year-over-year revenue growth is +0.1%.
- Free cash flow is $120.5M, showing positive cash generation.
- The balance sheet shows $134.6M of cash versus $765.5M of total debt, so leverage deserves attention.
What the numbers mean
Its current valuation score is 0/100, which Wall Street Score classifies as weak within the model's valuation framework.
The financial score is 21/100. This is a starting point for reviewing liquidity, leverage and cash-flow strength rather than a stand-alone recommendation.
A strong company and an attractive stock price are not always the same thing. Revenue, earnings, free cash flow, debt, management quality, competitive advantage and valuation should be considered together. Wall Street Score organizes these inputs into a consistent research framework so investors can identify what deserves deeper review.
Data freshness: Financial data last refreshed 2026-07-24.
How to research VATE
Start by understanding how the company makes money. Then compare revenue and earnings trends, cash generation, debt, liquidity and valuation. Review the company's latest filings and earnings reports before acting on any score or model estimate.
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Data may change as company filings and market prices update. Educational research only; not a buy or sell recommendation.