Superworth

INNOVATE profit margin VATE

Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.

Net margin, 12 months
−1.5%
Operating margin, 12 months
4.3%
Net margin on a year earlier
+6.2 pts
Peer median
4.7%

Over the twelve months to Jun 30, 2026, INNOVATE kept −1.5% of its revenue as net profit, with an operating margin of 4.3% and a gross margin of 15.9%.

Five years earlier its net margin was −4.3%.

The median for 7 manufacturing metal fabrication stocks of a similar size is 4.7%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY2025−4.9%2.3%16.0%
FY2024−3.1%3.6%18.9%
FY2023−2.5%1.9%15.2%
FY2022−2.2%0.8%13.5%
FY2021−18.9%−0.9%15.2%
FY2020−12.8%−3.9%17.9%
FY2019−1.7%1.8%28.5%
FY20188.2%−2.8%19.8%
FY2017−2.9%−0.1%19.6%
FY2016−6.1%−0.1%19.5%
FY2015−3.2%0.1%12.3%
FY2014−2.6%−2.5%13.4%
FY201348.4%−17.0%4.5%
FY20129.2%−17.1%5.7%
FY2011−13.3%5.1%50.8%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY26−1.5%+6.2 pts4.3%
Q1 FY26−4.0%−0.0 pts2.6%
Q4 FY25−4.9%−1.7 pts2.3%
Q3 FY25−6.3%−4.1 pts1.5%
Q2 FY25−7.6%−6.2 pts1.7%
Q1 FY25−3.9%−0.8 pts3.8%
Q4 FY24−3.1%−0.7 pts3.6%
Q3 FY24−2.2%−0.1 pts4.2%
Q2 FY24−1.4%+0.6 pts4.1%
Q1 FY24−3.1%−1.0 pts2.3%
Q4 FY23−2.5%−0.3 pts1.9%
Q3 FY23−2.1%+0.0 pts1.3%

Against its peers

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

CompanyProfit margin
VATEINNOVATE−1.5%
LCUTLifetime Brands4.8%
ACUAcme United4.6%
OFLXOmega Flex12.3%
TGTredegarn/m
CIXCompx International13.6%
JBIJanus International3.7%
PKOHPark Ohio1.6%
Peer median4.7%

Where INNOVATE ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on INNOVATE

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