VSE Corporation (VSEC)

Income Statement (Annual)

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011 - 1994
Revenue	750.85	661.66	752.63	697.22	760.11	691.79	533.98	424.07	471.64	546.76	Upgrade
Revenue Growth (YoY)	13.48%	-12.09%	7.95%	-8.27%	9.88%	29.55%	25.92%	-10.08%	-13.74%	-5.86%	Upgrade
Cost of Revenue	707.23	586.27	668.86	624.96	687.34	617.59	464.58	372.95	424.25	490.69	Upgrade
Gross Profit	43.63	75.39	83.77	72.26	72.77	74.21	69.4	51.12	47.39	56.07	Upgrade
Selling, General & Admin	3.63	3.12	4.19	3.71	2.43	6.61	3.29	4.14	3.29	3.97	Upgrade
Other Operating Expenses	18.48	59.45	19.32	14.32	16.02	16.07	15.58	10.05	0	1.03	Upgrade
Operating Expenses	22.11	62.57	23.51	18.03	18.45	22.68	18.86	14.19	3.29	4.99	Upgrade
Operating Income	21.52	12.82	60.26	54.23	54.33	51.53	50.54	36.93	44.1	51.08	Upgrade
Interest Expense / Income	12.07	13.5	13.83	8.98	9.24	9.86	9.54	3.98	5.79	7.22	Upgrade
Other Expense / Income	0	-1.11	0	0	0	0	0	1.12	1.14	6.07	Upgrade
Pretax Income	9.45	0.43	46.43	45.25	45.09	41.67	41	31.82	37.18	37.78	Upgrade
Income Tax	1.49	5.6	9.4	10.17	5.99	14.88	16.08	12.46	14.32	16.49	Upgrade
Net Income	7.97	-5.17	37.02	35.08	39.1	26.79	24.92	19.37	22.85	21.29	Upgrade
Net Income Common	7.97	-5.17	37.02	35.08	39.1	26.79	24.92	19.37	22.85	21.29	Upgrade
Net Income Growth	-	-	5.54%	-10.27%	45.92%	7.52%	28.68%	-15.26%	7.32%	3.61%	Upgrade
Shares Outstanding (Basic)	13	11	11	11	11	11	11	11	11	11	Upgrade
Shares Outstanding (Diluted)	13	11	11	11	11	11	11	11	11	11	Upgrade
Shares Change	14.49%	-0.10%	0.99%	0.63%	0.37%	0.38%	0.42%	0.52%	0.63%	0.80%	Upgrade
EPS (Basic)	0.63	-0.47	3.38	3.23	3.61	2.48	2.32	1.81	2.15	2.02	Upgrade
EPS (Diluted)	0.63	-0.47	3.35	3.21	3.60	2.47	2.31	1.81	2.14	2.00	Upgrade
EPS Growth	-	-	4.36%	-10.83%	45.75%	6.93%	27.62%	-15.42%	6.73%	2.82%	Upgrade
Free Cash Flow Per Share	-2.23	3.10	0.76	1.46	4.38	3.78	2.56	4.32	4.90	3.69	Upgrade
Dividend Per Share	0.360	0.360	0.260	0.300	0.260	0.200	0.210	0.190	0.170	0.150	Upgrade
Dividend Growth	-	38.46%	-13.33%	15.38%	30.00%	-4.76%	10.53%	11.77%	13.33%	15.38%	Upgrade
Gross Margin	5.80%	11.40%	11.10%	10.40%	9.60%	10.70%	13.00%	12.10%	10.00%	10.30%	Upgrade
Operating Margin	2.90%	1.90%	8.00%	7.80%	7.10%	7.40%	9.50%	8.70%	9.40%	9.30%	Upgrade
Profit Margin	1.10%	-0.80%	4.90%	5.00%	5.10%	3.90%	4.70%	4.60%	4.80%	3.90%	Upgrade
Free Cash Flow Margin	-3.70%	5.20%	1.10%	2.30%	6.20%	5.90%	5.20%	10.90%	11.10%	7.10%	Upgrade
Effective Tax Rate	15.71%	1311.01%	20.25%	22.47%	13.28%	35.71%	39.22%	39.15%	38.53%	43.64%	Upgrade
EBITDA	47.12	38.06	87.18	79.45	80.21	77.58	76.08	54.58	62.98	66.17	Upgrade
EBITDA Margin	6.30%	5.80%	11.60%	11.40%	10.60%	11.20%	14.20%	12.90%	13.40%	12.10%	Upgrade
Depreciation & Amortization	25.6	24.14	26.93	25.22	25.88	26.05	25.54	18.77	20.02	21.16	Upgrade
EBIT	21.52	13.92	60.26	54.23	54.33	51.53	50.54	35.81	42.97	45.01	Upgrade
EBIT Margin	2.90%	2.10%	8.00%	7.80%	7.10%	7.40%	9.50%	8.40%	9.10%	8.20%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).