InnovateVATE +3.75%46 FCF Margin % is 9.87% as of Mar. 2026, which is 419% above its 10-year median of 1.90. GuruFocus rates VATE with a GF Score™ of 46/100 and a GF Value™ of $5.93 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,770 Construction companies, Innovate ranks better than 82.71% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Innovate's Free Cash Flow for the
three
months ended in Mar. 2026 was $36 Mil. Innovate's Revenue for the
three
months ended in Mar. 2026 was $365 Mil. Therefore, Innovate's FCF Margin % for the quarter that ended in Mar. 2026 was 9.87%.
The historical rank and industry rank for Innovate's FCF Margin % or its related term are showing as below:
VATE'
s FCF Margin % Range Over the Past 10 Years
Min: -1.84 Med: 1.9 Max: 15.26
Current: 13.12
During the past 13 years, the highest FCF Margin % of Innovate was 15.26%. The lowest was -1.84%. And the median was 1.90%.
VATE's FCF Margin % is ranked better than 82.71% of 1770
companies
in the Construction industry
Industry Median: 2.61
vs VATE: 13.12
Innovate FCF Margin % Related Terms
Innovate FCF Margin % Historical Data
* Premium members only.
The historical data trend for Innovate's FCF Margin % 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.
For the Engineering & Construction subindustry, Innovate's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Construction Industry
For the Construction industry and Industrials sector, Innovate's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Innovate's FCF Margin % falls into.
* 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.
Innovate (VATE) has a FCF Margin % of 9.87% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Innovate and its competitors. This is 419% above median its historical median of 1.90. According to the industry distribution chart, Innovate ranks #306 out of 1770 companies in the Construction industry, placing it in the top 17.3%.
Is Innovate's FCF Margin % too high?
Innovate's current FCF Margin % of 9.87% is 419% above median its 10-year median of 1.90. The Construction industry median FCF Margin % is 2.61. Innovate's value of 9.87% is 278.2% above this industry median. Based on the distribution chart, Innovate ranks #306 out of 1770 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Innovate has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Innovate's FCF Margin % compare to SHIM and ESOA?
According to the Construction industry distribution chart, Innovate ranks #306 out of 1770 companies for FCF Margin %. This places Innovate in the top 17% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 2.61. Innovate's value of 9.87% is 278.2% above this benchmark. While the company's 10-year median is 1.90 vs. the industry median of 2.61, Innovate has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Construction company?
The median FCF Margin % among Construction companies is 2.61, based on 1,770 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Innovate's current FCF Margin % of 9.87% is 278.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Innovate and its competitors. For the Construction industry, the median FCF Margin % is 2.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovate's current FCF Margin % is 9.87%, which is 419% above median its own 10-year median of 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovate stock overvalued right now?
Based on GuruFocus' analysis, Innovate (VATE) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.93, compared to a current price of $18.83 — trading 217.5% above its estimated fair value. The current FCF Margin % is 9.87%, which is 419% above median its 10-year median of 1.90 and 278.2% above the Construction industry median of 2.61. Innovate's overall GF Score™ is 46/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Innovate (VATE), the current FCF Margin % is 9.87% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Innovate (VATE) Overvalued in 2026?
Based on GuruFocus' analysis, Innovate stock appears to be overvalued.
The current stock price of $18.83 is trading 217.5% above its estimated GF Value™ of $5.93.
GuruFocus considers Innovate to be Significantly Overvalued.
Key valuation signals for VATE:
FCF Margin %: 9.87% (419% above median its 10-year median of 1.90)
GF Value™: $5.93 vs. price of $18.83 (217.5% above fair value)
Industry Position: 278.2% above the Construction median (#306 of 1770)
No single metric tells the full story. See the VATE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innovate Corp is a diversified holding company that has a portfolio of subsidiaries in a variety of operating segments. Its segments include Infrastructure, Life Sciences and Spectrum, and Other segment. Through its subsidiaries it provides fully integrated structural and steel construction services; supports healthcare and biotechnology product development; and operates Over-The-Air (OTA) broadcasting stations across the United States (U.S.) including Puerto Rico.
46GF Score
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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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