INNOVATE EV/EBIT VATE

Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2017.

Today, Oct 23, 2026: 9.5×
9-year median: 35.4×
Against its 9-year history: 2nd; percentile: 0 is its lowest day, 100 its highest
9-year range: 0.2× to 490×
Peer median: 11.2×

INNOVATE's EV/EBIT is 9.5× as of Oct 23, 2026.

That is below its 9-year median of 35.4×, lower than on 98% of days in the last 9 years.

Over that time it ranged from 0.2× in Feb 2020 to 490× in Jun 2022.

The median for 7 manufacturing metal fabrication stocks of a similar size is 11.2×.

EV/EBIT over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	9.5×	9.5×	42.8×
2025	42.2×	13.8×	42.5×
2024	13.9×	11.7×	39.3×
2023	39.9×	39.2×	74.5×
2022	53.9×	48.6×	490×
2021	34.8×	34.5×	35.6×
2020	34.3×	0.2×	35.1×
2019	n/m a value too high to mean anything
2018	245×	58.8×	245×
2017	62.1×	26.6×	92.5×

Against its peers

Companies in Manufacturing - Metal Fabrication nearest INNOVATE's size, closest first, today.

Company	EV/EBIT
VATEINNOVATE	9.5×
LCUTLifetime Brands	7.9×
ACUAcme United	18.0×
OFLXOmega Flex	15.2×
TGTredegar	6.7×
CIXCompx International	14.9×
JBIJanus International	11.2×
PKOHPark Ohio	7.2×
Peer median	11.2×

Where INNOVATE ranks

What the EV/EBIT tells you

What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.

Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.

More on INNOVATE

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.