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INNOVATE (VATE) Gross Margin

Annual Gross Margin

15.18%
+1.66%+12.28%

December 31, 2023

Summary

Performance

1-Year Change

+12.28%

3-Year Change

-15.24%

5-Year Change

+54.58%

15-Year Change

+16.86%

VATE Gross Margin Chart

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Highlights

Sector Rank

19.94%
VATE annual gross profit margin is higher than 19.94% of companies in Industrials sector

High & Low

All-time High

52.17%
VATE annual gross profit margin is currently -70.90% below its historical high of 52.17%

3-Year Low

13.52%
VATE annual gross profit margin is currently +12.28% above its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 31, 2023
VATE previous annual earnings announcement was published on Dec 31, 2023

Next Annual Earnings Report Date

Mar 4, 2025
VATE next annual earnings announcement is scheduled for Mar 4, 2025

OtherVATEprofitabilitymetrics:

Annual Revenue

$1.42 B
VATE annual revenue is $1.42 billion

Annual Gross Profit

$216.00 M
VATE annual gross profit is $216.00 million

Annual Operating Margin

1.86%
VATE annual operating profit margin is 1.86%

Annual Net Margin

-2.47%
VATE annual net profit margin is -2.47%

Quarterly Gross Margin

19.90%
-1.05%-5.01%

September 30, 2024

Summary

Performance

3-Month Change

-5.01%

1-Year Change

+27.24%

3-Year Change

+42.55%

5-Year Change

+24.61%

VATE Quarterly Gross Margin Chart

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Highlights

Sector Rank

29.38%
VATE quarterly gross profit margin is higher than 29.38% of companies in Industrials sector

High & Low

All-time High

50.73%
VATE quarterly gross profit margin is currently -60.77% below its historical high of 50.73%

3-Year Low

12.06%
VATE quarterly gross profit margin is currently +65.01% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Sep 30, 2024
VATE previous earnings announcement was published on Sep 30, 2024

Next Quarterly Earnings Report Date

Mar 4, 2025
VATE next earnings announcement is scheduled for Mar 4, 2025

OtherVATEprofitabilitymetrics:

Quarterly Revenue

$242.20 M
VATE quarterly revenue is $242.20 million

Quarterly Gross Profit

$48.20 M
VATE quarterly gross profit is $48.20 million

Quarterly Operating Margin

2.44%
VATE quarterly operating profit margin is 2.44%

Quarterly Net Margin

-6.19%
VATE quarterly net profit margin is -6.19%

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue ✕ 100%

Annual Gross Margin

15.18%
VATE annual gross profit margin is 15.18%

Annual Gross Profit

$216.00 M
VATE annual gross profit is $216.00 million

Annual Revenue

$1.42 B
VATE annual revenue is $1.42 billion

VATE Gross Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year+12.3%+27.2%
3 y3 years-15.2%+42.5%
5 y5 years+54.6%+24.6%

VATE Gross Margin Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-year-0.4%+12.3%-5.0%+65.0%
5 y5-year-33.7%+12.3%-5.0%+263.1%
alltimeall time-70.9%+237.3%-60.8%+142.5%

INNOVATE Gross Margin History

DateAnnualQuarterly
Sep 2024
-
19.90%(-5.0%)
Jun 2024
-
20.95%(+35.9%)
Mar 2024
-
15.42%(-8.9%)
Dec 2023
15.18%(+12.3%)
16.93%(+8.2%)
Sep 2023
-
15.64%(+9.7%)
Jun 2023
-
14.26%(+3.9%)
Mar 2023
-
13.72%(-10.7%)
Dec 2022
13.52%(-11.3%)
15.37%(+11.3%)
Sep 2022
-
13.81%(+7.6%)
Jun 2022
-
12.83%(+6.4%)
Mar 2022
-
12.06%(-22.8%)
Dec 2021
15.24%(-14.9%)
15.63%(+12.0%)
Sep 2021
-
13.96%(-6.5%)
Jun 2021
-
14.93%(-15.9%)
Mar 2021
-
17.75%(-15.1%)
Dec 2020
17.91%(-21.8%)
20.90%(+12.4%)
Sep 2020
-
18.59%(+13.8%)
Jun 2020
-
16.34%(+2.3%)
Mar 2020
-
15.97%(-230.9%)
Dec 2019
22.89%(+133.1%)
-12.20%(-186.8%)
Sep 2019
-
14.06%(-47.6%)
Jun 2019
-
26.84%(+67.9%)
Mar 2019
-
15.99%(-207.0%)
Dec 2018
9.82%(-24.4%)
-14.94%(-176.0%)
Sep 2018
-
19.65%(+60.5%)
Jun 2018
-
12.24%(+21.3%)
Mar 2018
-
10.09%(-27.4%)
Dec 2017
12.99%(+11.9%)
13.90%(-12.2%)
Sep 2017
-
15.83%(+51.6%)
Jun 2017
-
10.44%(-8.7%)
Mar 2017
-
11.44%(-16.9%)
Dec 2016
11.61%(-4.3%)
13.76%(+14.8%)
Sep 2016
-
11.99%(-5.8%)
Jun 2016
-
12.73%(+82.1%)
Mar 2016
-
6.99%(-28.2%)
Dec 2015
12.13%(-9.1%)
9.74%(-26.9%)
Sep 2015
-
13.33%(+5.5%)
Jun 2015
-
12.63%(-13.1%)
Mar 2015
-
14.54%(-7.7%)
Dec 2014
13.35%(+196.7%)
15.76%(+32.5%)
Sep 2014
-
11.89%(-16.3%)
Jun 2014
-
14.21%(+174.3%)
Mar 2014
-
5.18%(+70.4%)
Dec 2013
4.50%(-21.3%)
3.04%(-20.2%)
Sep 2013
-
3.81%(-29.8%)
Jun 2013
-
5.43%(-2.5%)
Mar 2013
-
5.57%(-2.6%)
Dec 2012
5.72%(+4.4%)
5.72%(-88.7%)
Mar 2012
-
50.73%(-208.3%)
Dec 2011
5.48%(-89.5%)
-46.86%(-192.8%)
Sep 2011
-
50.47%(+0.2%)
Jun 2011
-
50.36%(+55.9%)
Mar 2011
-
32.31%(+53.4%)
Dec 2010
52.17%
21.06%(-41.1%)
Sep 2010
-
35.78%(-1.4%)
DateAnnualQuarterly
Jun 2010
-
36.30%(-1.4%)
Mar 2010
-
36.80%(+3.0%)
Dec 2009
34.91%(-4.1%)
35.74%(+2.4%)
Sep 2009
-
34.91%(-3.0%)
Jun 2009
-
35.99%(+7.6%)
Mar 2009
-
33.44%(+1.1%)
Dec 2008
36.39%(-5.4%)
33.07%(-6.1%)
Sep 2008
-
35.21%(-11.1%)
Jun 2008
-
39.59%(+6.3%)
Mar 2008
-
37.24%(-8.7%)
Dec 2007
38.47%(+12.5%)
40.81%(+3.5%)
Sep 2007
-
39.44%(+5.3%)
Jun 2007
-
37.45%(+3.2%)
Mar 2007
-
36.28%(+4.3%)
Dec 2006
34.21%(+1.8%)
34.79%(-2.6%)
Sep 2006
-
35.73%(+8.2%)
Jun 2006
-
33.03%(-1.3%)
Mar 2006
-
33.46%(-1.0%)
Dec 2005
33.62%(-13.9%)
33.79%(+4.5%)
Sep 2005
-
32.35%(-1.3%)
Jun 2005
-
32.79%(-7.8%)
Mar 2005
-
35.58%(-5.6%)
Dec 2004
39.06%(+0.5%)
37.69%(-2.7%)
Sep 2004
-
38.75%(-3.1%)
Jun 2004
-
39.98%(+0.6%)
Mar 2004
-
39.76%(+0.8%)
Dec 2003
38.85%(+12.2%)
39.45%(-2.2%)
Sep 2003
-
40.35%(+4.3%)
Jun 2003
-
38.68%(+5.3%)
Mar 2003
-
36.75%(+2.1%)
Dec 2002
34.62%(+19.1%)
36.01%(+4.5%)
Sep 2002
-
34.45%(+1.4%)
Jun 2002
-
33.97%(0.0%)
Mar 2002
-
33.97%(-1.9%)
Dec 2001
29.07%(+3.1%)
34.63%(+22.1%)
Sep 2001
-
28.36%(+1.1%)
Jun 2001
-
28.04%(+9.6%)
Mar 2001
-
25.59%(-9.4%)
Dec 2000
28.20%(+12.8%)
28.25%(-0.1%)
Sep 2000
-
28.29%(+0.0%)
Jun 2000
-
28.28%(+1.1%)
Mar 2000
-
27.96%(+1.9%)
Dec 1999
24.99%(+53.6%)
27.43%(+4.7%)
Sep 1999
-
26.21%(+13.9%)
Jun 1999
-
23.02%(+13.0%)
Mar 1999
-
20.37%(+16.1%)
Dec 1998
16.27%(+65.9%)
17.55%(+4.4%)
Sep 1998
-
16.81%(+8.6%)
Jun 1998
-
15.48%(+7.8%)
Mar 1998
-
14.36%(+13.2%)
Dec 1997
9.81%(+20.1%)
12.68%(+20.2%)
Sep 1997
-
10.55%(+27.3%)
Jun 1997
-
8.29%(+22.3%)
Mar 1997
-
6.78%(-12.6%)
Dec 1996
8.17%
7.76%(-12.6%)
Sep 1996
-
8.88%

FAQ

  • What is INNOVATE annual gross profit margin?
  • What is the all time high annual gross margin for INNOVATE?
  • What is INNOVATE annual gross margin year-on-year change?
  • What is INNOVATE quarterly gross profit margin?
  • What is the all time high quarterly gross margin for INNOVATE?
  • What is INNOVATE quarterly gross margin year-on-year change?

What is INNOVATE annual gross profit margin?

The current annual gross margin of VATE is 15.18%

What is the all time high annual gross margin for INNOVATE?

INNOVATE all-time high annual gross profit margin is 52.17%

What is INNOVATE annual gross margin year-on-year change?

Over the past year, VATE annual gross profit margin has changed by +1.66% (+12.28%)

What is INNOVATE quarterly gross profit margin?

The current quarterly gross margin of VATE is 19.90%

What is the all time high quarterly gross margin for INNOVATE?

INNOVATE all-time high quarterly gross profit margin is 50.73%

What is INNOVATE quarterly gross margin year-on-year change?

Over the past year, VATE quarterly gross profit margin has changed by +4.26% (+27.24%)