VATE

Innovate Corporation

Industrials Engineering & Construction NYSE

About the company

Innovate Corp is a powerhouse in the business world, operating as a diversified holding company with a wide-ranging portfolio of subsidiaries across various industries. This dynamic corporation has strategically acquired companies to create a solid foundation in different operating segments. One of the key operating segments of Innovate Corp is the infrastructure segment, which is anchored by DBM Global Inc. This subsidiary is a highly reputable and fully integrated industrial construction, structural steel, and facility maintenance provider. DBM Global Inc specializes in offering a comprehensive range of services, including the fabrication and erection of structural steel and heavy steel plate solutions. With its deep industry knowledge and expertise, DBM Global Inc has successfully completed countless projects for clients in a variety of sectors, including commercial, industrial, and government entities. Their top-notch craftsmanship and dedication to precision have established them as a leader in the field. In the Life Sciences segment, Innovate Corp owns Pansend Life Sciences, a pioneering company focused on developing cutting-edge healthcare products. Pansend Life Sciences has a particular emphasis on finding innovative treatments for early osteoarthritis of the knee, a common and debilitating condition. By leveraging advancements in scientific research, Pansend is committed to addressing this significant medical challenge and improving the quality of life for those affected. In addition to their work in orthopedics, Pansend Life Sciences is also dedicated to developing aesthetic and medical technologies for the skin. Through their groundbreaking products and dedication to pushing the boundaries of medical innovation, Pansend is poised to make a lasting impact on the healthcare industry. Another notable subsidiary of Innovate Corp is HC2 Broadcasting Holdings Inc, which operates over-the-air broadcasting stations across the United States. HC2 Broadcasting Holdings Inc plays a pivotal role in providing viewers with a diverse range of content, including news, entertainment, sports, and much more. With a widespread presence throughout the country, this subsidiary ensures that communities have access to essential information, entertainment, and connections. By staying at the forefront of broadcasting technology and content creation, HC2 Broadcasting Holdings Inc is well-positioned to captivate audiences and foster a sense of community through their broadcast stations. Overall, Innovate Corp has built a strong and diversified portfolio of subsidiaries across multiple operating segments. Through strategic acquisitions and a commitment to innovation, the corporation consistently drives growth and success in various industries. With DBM Global Inc delivering impeccable infrastructure services, Pansend Life Sciences pioneering healthcare solutions, and HC2 Broadcasting Holdings Inc connecting audiences through broadcasting, Innovate Corp is poised for continued expansion and a bright future.

Website: https://innovatecorp.com

Data updated: June 2, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Industrials · 700 peers in sector

Metric VATE Sector median Vs. industry
P/E - 27.18
EPS -4.24 USD 0.31 USD ↓ Below average
Dividend yield 9.62% 0.00% ↑ Above average
Profit margin -3.96% 1.69% ↓ Below average
ROE -19.13% 3.80% ↓ Below average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

Financial statements & historical data

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Frequently Asked Questions

What is Innovate Corporation?
Innovate Corp is a powerhouse in the business world, operating as a diversified holding company with a wide-ranging portfolio of subsidiaries across various industries. This dynamic corporation has strategically acquired companies to create a solid foundation in different operating segments. One of the key operating segments of Innovate Corp is the infrastructure segment, which is anchored by DBM Global Inc. This subsidiary is a highly reputable and fully integrated industrial construction, structural steel, and facility maintenance provider. DBM Global Inc specializes in offering a comprehensive range of services, including the fabrication and erection of structural steel and heavy steel plate solutions. With its deep industry knowledge and expertise, DBM Global Inc has successfully completed countless projects for clients in a variety of sectors, including commercial, industrial, and government entities. Their top-notch craftsmanship and dedication to precision have established them as a leader in the field. In the Life Sciences segment, Innovate Corp owns Pansend Life Sciences, a pioneering company focused on developing cutting-edge healthcare products. Pansend Life Sciences has a particular emphasis on finding innovative treatments for early osteoarthritis of the knee, a common and debilitating condition. By leveraging advancements in scientific research, Pansend is committed to addressing this significant medical challenge and improving the quality of life for those affected. In addition to their work in orthopedics, Pansend Life Sciences is also dedicated to developing aesthetic and medical technologies for the skin. Through their groundbreaking products and dedication to pushing the boundaries of medical innovation, Pansend is poised to make a lasting impact on the healthcare industry. Another notable subsidiary of Innovate Corp is HC2 Broadcasting Holdings Inc, which operates over-the-air broadcasting stations across the United States. HC2 Broadcasting Holdings Inc plays a pivotal role in providing viewers with a diverse range of content, including news, entertainment, sports, and much more. With a widespread presence throughout the country, this subsidiary ensures that communities have access to essential information, entertainment, and connections. By staying at the forefront of broadcasting technology and content creation, HC2 Broadcasting Holdings Inc is well-positioned to captivate audiences and foster a sense of community through their broadcast stations. Overall, Innovate Corp has built a strong and diversified portfolio of subsidiaries across multiple operating segments. Through strategic acquisitions and a commitment to innovation, the corporation consistently drives growth and success in various industries. With DBM Global Inc delivering impeccable infrastructure services, Pansend Life Sciences pioneering healthcare solutions, and HC2 Broadcasting Holdings Inc connecting audiences through broadcasting, Innovate Corp is poised for continued expansion and a bright future.
How big is Innovate Corporation?
The market capitalization of Innovate Corporation — the combined value of all its shares — is 217.6 M USD. The higher the market cap, the larger the company. (as of 2026-06-02)
Does Innovate Corporation pay dividends?
The dividend yield of Innovate Corporation is 9.62% — it shows the annual dividend relative to the share price. This is information, not a recommendation. (as of 2026-06-02)
What sector does Innovate Corporation belong to?
Innovate Corporation operates in the Industrials sector, industry: Engineering & Construction.

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