VSE Corporation Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,239	69.36	29.51	7.77	0.31	0.52
Cash & Short-Term Investments	1,239	69.36	29.51	7.77	0.31	0.52
Cash Growth	21602.15%	135.07%	279.83%	2446.88%	-41.12%	37.04%
Accounts Receivable	216.5	190.73	158.1	127.96	90.6	76.59
Other Receivables	45.72	41.47	29.96	8.05	7.41	31.88
Total Trade Receivables	262.23	232.2	188.06	136.01	98.01	108.47
Inventory	625.74	553.83	434.06	500.86	380.44	322.7
Other Current Assets	33.57	37.94	313.72	129.39	70.13	32.3
Total Current Assets	2,161	893.33	965.35	774.03	548.88	463.99
Net Property, Plant & Equipment	142.09	141.25	114.27	86.76	62.06	69.81
Other Intangible Assets	318.81	295.96	197.16	114.13	86.56	108.26
Goodwill	638.89	641.24	428.26	351.78	217.26	248.75
Other Long-Term Assets	49.93	56.8	37.6	23.64	85.03	27.74
Total Assets	3,311	2,029	1,743	1,350	999.79	918.56
Accounts Payable	147.91	154.51	145.49	173.04	128.5	115.06
Accrued Expenses	65.55	73.16	52.75	36.38	31.89	49.47
Current Portion of Long-Term Debt	29.92	7.5	30	22.5	10	14.16
Other Current Liabilities	2.81	2.34	70.26	54.97	54.21	1.27
Total Current Liabilities	246.19	237.51	298.5	286.89	224.6	179.96
Long-Term Debt	331.05	285.3	400.17	406.84	276.3	270.41
Long-Term Leases	41.56	43.69	39.5	24.96	19.15	27.17
Other Long-Term Liabilities	25.65	23.27	16.27	14.92	30.21	23.69
Total Long-Term Liabilities	398.26	352.26	455.94	446.73	325.66	321.26
Total Liabilities	644.45	589.77	754.44	733.61	550.26	501.23
Common Stock	1.4	1.17	1.03	0.79	0.64	0.64
Additional Paid-in Capital	2,242	1,041	591.6	229.1	92.62	88.52
Accumulated Other Comprehensive Income	1.17	0.51	3.07	2.13	4.97	-0.18
Retained Earnings	421.89	395.64	392.48	384.7	351.3	328.36
Shareholders' Equity	2,666	1,439	988.19	616.73	449.53	417.33
Total Liabilities & Equity	3,311	2,029	1,743	1,350	999.79	918.56
Total Debt	402.53	336.5	469.67	454.3	305.45	311.74
Net Cash (Debt)	836.88	-267.14	-440.17	-446.54	-305.15	-311.22
Net Cash Per Share	36.37	-12.58	-24.49	-31.48	-23.79	-24.64
Book Value	2,666	1,439	988.19	616.73	449.53	417.33
Book Value Per Share	115.86	67.74	54.97	43.48	35.04	33.04
Tangible Book Value	1,709	501.6	362.77	150.81	145.71	60.32
Tangible Book Value Per Share	74.24	23.62	20.18	10.63	11.36	4.77

SEC Filings: 10-K · 10-Q