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VATE (Innovate) Degree of Operating Leverage : -2.57 (As of Mar. 2025)


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What is Innovate Degree of Operating Leverage?


Innovate Degree of Operating Leverage Historical Data

The historical data trend for Innovate's Degree of Operating Leverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Innovate Degree of Operating Leverage Chart

Innovate Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 -2.60 -4.20 -16.05 -0.97

Innovate Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Degree of Operating Leverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.19 -9.36 -3.49 -0.97 -2.57

Competitive Comparison of Innovate's Degree of Operating Leverage

For the Engineering & Construction subindustry, Innovate's Degree of Operating Leverage, along with its competitors' market caps and Degree of Operating Leverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Innovate's Degree of Operating Leverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Innovate's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Innovate's Degree of Operating Leverage falls into.


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Innovate Degree of Operating Leverage Calculation

Innovate's Degree of Operating Leverage for the quarter that ended in Mar. 2025 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 42.2 (Mar. 2025) / 25.7 (Mar. 2024) - 1 )/( 1066.1 (Mar. 2025) / 1420.3 (Mar. 2024) - 1 )
=0.642/-0.2494
=-2.57***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** TTM data of EBIT and Revenue was used to calculate Degree of Operating Leverage.
*** Please be aware that the Degree of Operating Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Innovate  (NYSE:VATE) Degree of Operating Leverage Explanation

Degree of Operating Leverage (DOL) is a leverage ratio that measures the sensitivity of a company’s operting income, also referred to as Earnings Before Interest and Taxes (EBIT), to fluctuations in its Revenue. DOL is a method used to quantify a company’s operating risk. This risk is related to the company's structure of variable costs and fixed costs. Since the fixed costs do not allow the company to adjust the operating costs, the operating risk rises with a higher fixed-to-variable costs proportion.

A high Degree of Operating Leverage indicates that the company’s fixed costs exceed its variable costs. By increasing the sales, the company can earn more profits. In addition, the company must be able to maintain relatively high sales to cover all fixed costs.

Be Aware

The use of operating leverage varies across different industries and business sectors, and the application of Degree of Operating Leverage (DOL) should be adjusted accordingly.


Innovate Degree of Operating Leverage Related Terms

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Innovate Business Description

Industry
Traded in Other Exchanges
Address
295 Madison Avenue, 12th Floor, New York, NY, USA, 10017
Innovate Corp is a diversified holding company that has a portfolio of subsidiaries in a variety of operating segments which are; The infrastructure segment is comprised of DBM Global Inc, a fully integrated industrial construction, structural steel, and facility maintenance provider that provides fabrication and erection of structural steel and heavy steel plate services, The Life Sciences segment is comprised of Pansend Life Sciences which seeks to develop products to treat early osteoarthritis of the knee and aesthetic and medical technologies for the skin, and Spectrum segment is comprised of HC2 Broadcasting Holdings Inc which operates over-the-air broadcasting station across the United States.
Executives
Paul Voigt officer: Sr. Managing Dir, Investments 460 HERNDON PARKWAY, SUITE 150, HERNDON VA 20170
Michael J. Sena officer: Chief Financial Officer 450 PARK AVENUE, 30TH FLOOR, NEW YORK NY 10022
Wayne Jr Barr director ANACOMP INC, 15378 AVENUE OF SCIENCE, SAN DIEGO CA 92128
Brian Steven Goldstein director 295 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10017
Amy Marie Wilkinson director 295 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10017
Shelly Lombard director 44 MORSE AVENUE, BLOOMFIELD NJ 07003
Avram A Glazer director C/O WOODS OVIATT GILMAN LLP, 700 CROSSROADS BUILDING, ROCHESTER NY 14614
Suzi R Herbst officer: Chief Administrative Officer C/O HC2 HOLDINGS, INC., 450 PARK AVENUE, 30TH FLOOR, NEW YORK NY 10022
Joseph Anthony Ferraro officer: Chief Legal Officer & Corp Sec 56 EMILY ROAD, FAR HILLS FL 07931
Michael Gorzynski director, 10 percent owner 595 MADISON AVE, FLOOR 29, NEW YORK NY 10022
Continental Ltc, Inc. 10 percent owner 11001 LAKELINE BLVD., STE. 120, AUSTIN TX 78717
Rio Royal Llc 10 percent owner 595 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Mg Capital Management Ltd. 10 percent owner C/O CAMPBELLS LLP, FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-9010
Continental General Insurance Co 10 percent owner 11001 LAKELINE BLVD., STE. 120, AUSTIN TX 78717
Continental Insurance Group, Ltd. 10 percent owner 11001 LAKELINE BLVD., STE. 120, AUSTIN TX 78717