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VSE Corporation (VSEC)
NASDAQ: VSEC · Real-Time Price · USD
200.93
+5.51 (2.82%)
At close: Jul 27, 2026, 4:00 PM EDT
200.93
0.00 (0.00%)
After-hours: Jul 27, 2026, 4:00 PM EDT

VSE Corporation Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,1811,112786.26544.02669.45481.38
Revenue Growth
34.20%41.47%44.53%-18.74%39.07%-27.25%
Gross Profit
173.18158.13102.2269.0172.9716.5
Operating Income
32.689.658.7650.1553.6-2.71
Net Income
49.7311.715.3239.1328.067.97
Earnings Per Share
0.440.550.852.762.08-0.88
EPS Growth
-18.52%-35.29%-69.20%32.69%--

Revenue by Segment
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Commercial
1,1731,108779.01539.59403.16245.38
Government
7.354.187.254.434.962.47
Revenue (Total)
1,1811,112786.26544.02669.45481.38

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,23969.3629.517.770.310.52
Total Debt
402.53336.5469.67454.3305.45311.74
Net Cash (Debt)
836.88-267.14-440.17-446.54-305.15-311.22
Net Cash Growth
------
Net Cash Per Share
36.37-12.58-24.49-31.48-23.79-24.64

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
11.3626.99-31.04-21.838.05-17.6
Capital Expenditures
-24.86-21.28-20.7-18.67-11.21-10.52
Free Cash Flow
-13.515.71-51.74-40.5-3.16-28.12
Free Cash Flow Growth
------

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
14.67%14.22%13.00%12.69%10.90%3.43%
Operating Margin
2.76%8.06%7.47%9.22%8.01%-0.56%
Pretax Margin
7.34%6.21%3.03%3.50%5.33%-3.07%
Profit Margin
1.46%4.81%2.47%2.68%3.98%-2.29%
FCF Margin
-1.14%0.51%-6.58%-7.44%-0.47%-5.84%

Dividends
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.4000.4000.4000.4000.4000.370
Dividend Per Share Growth
0%0%0%0%8.11%2.78%
Dividend Yield
0.20%0.23%0.42%0.60%0.85%0.58%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
93.20314.13111.8823.4122.54-
Forward PE
45.2744.0826.2817.8814.2716.56
P/FCF Ratio
-708.09----
PS Ratio
4.663.632.491.870.901.61