VSE Corporation

VSE Corporation

VSECยทNASDAQ

$176.03

+0.15%
IndustrialsAerospace & Defense

VSE Corporation operates as a diversified aftermarket products and services company in the United States. The company operates through three segments: Aviation, Fleet, and Federal and Defense. The Aviation segment provides international parts supply and distribution, supply chain solutions, and component and engine accessory maintenance, repair, and overhaul (MRO) services. This segment serves commercial airlines, regional airlines, cargo transporters, MRO integrators and providers, aviation manufacturers, corporate and private aircraft owners, and fixed-base operators. The Fleet segment offers parts supply, inventory management, e-commerce fulfillment, logistics, and other services to assist aftermarket commercial and federal customers with their supply chain management. This segment also provides sale of vehicle parts and supply chain services to support client truck fleets, as well as sustainment solutions and managed inventory services to government and commercial truck fleets. The Federal and Defense segment offers aftermarket refurbishment and sustainment services to extend and maintain the life cycle of military vehicles, ships, and aircraft for the United States Department of Defense (DoD). This segment also provides foreign military sales services, engineering, logistics, maintenance, configuration management, prototyping, technology, and field support services to the DoD and other customers. In addition, this segment offers energy consulting services and IT solutions to various DoD, federal civilian agencies, and commercial clients. The company also provides vehicle and equipment maintenance and refurbishment, logistics, engineering support, energy services, and IT and health care IT solutions, as well as consulting services. VSE Corporation was incorporated in 1959 and is headquartered in Alexandria, Virginia.

At a Glance

Live Snapshot
Market Cap$4.02B
EPS2.5200
P/E Ratio69.85
Earnings Date07/29/2026
3Y+66.0%
5Y+68.0%
10Y+61.0%
3Y+91.0%
5Y-1134.0%
10Y+100.0%
3Y+235.0%
5Y-25.0%
10Y-43.0%
VSE Corporation

VSE Corporation Profit Bridge

VSEC ยท NASDAQ
Revenue1.11B
Cost of Goods Sold (980.14M)
Gross Profit132.13M
Operating Expenses (7.14M)
Operating Income125.00M
Interest Expense (20.56M)
Other Income/Expense-55.96M
Pretax Income69.04M
Income Tax (15.55M)
Net Income53.49M
Net Income
53.49M

Profitability Analysis

Gross Margin

11.9%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

11.2%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

4.8%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

22.5%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

VSE Corporation Income Statement

VSEC โ€ข NASDAQ

VSE Corporation Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
1.1B
1.1B
860.5M
669.4M
750.9M
661.7M
752.6M
697.2M
760.1M
691.8M
534M
424.1M
471.6M
546.8M
618.6M
866M
1B
1B
653.2M
363.7M
GROSS PROFIT
(980.1M)
(971.9M)
(764.9M)
(612.2M)
(725.7M)
(603.8M)
(688.2M)
(641M)
(703.4M)
(633.7M)
(480.2M)
(383M)
(424.3M)
(490.7M)
(576.6M)
(825.6M)
(974.9M)
(1B)
(629.4M)
(351M)
132.1M
108.2M
95.6M
57.2M
25.1M
57.9M
64.4M
56.2M
56.8M
58.1M
53.8M
41.1M
47.4M
56.1M
41.9M
40.4M
39.7M
32.3M
23.8M
12.8M
OPERATING INCOME
(7.1M)
(5.5M)
(3.9M)
(3.6M)
(3.6M)
(1.4M)
(1.9M)
(3.1M)
(2.4M)
(6.6M)
(3.3M)
(3.2M)
(3.3M)
(4M)
(3.5M)
(2.2M)
(1.3M)
(1.2M)
(1.5M)
(694K)
(7.1M)
(5.5M)
(3.9M)
(3.6M)
(3.6M)
(1.4M)
(1.9M)
(3.1M)
(2.4M)
(6.6M)
(3.3M)
(3.2M)
(3.3M)
(4M)
(3.5M)
(2.2M)
(1.3M)
(1.2M)
(1.5M)
(694K)
125M
102.7M
91.7M
53.6M
21.5M
56.5M
62.6M
53.1M
54.3M
51.5M
50.5M
37.8M
44.1M
52.1M
38.5M
38.2M
38.5M
31.1M
22.3M
12.1M
PRE-TAX INCOME
(20.6M)
(34.9M)
(31.1M)
(17.9M)
(12.1M)
(13.5M)
(13.8M)
(9M)
(9.2M)
(9.9M)
(9.5M)
(4M)
(5.8M)
(7.2M)
(3.7M)
(180K)
(0.0)
(0.0)
(0.0)
(0.0)
-20.6M
-34.9M
-31.1M
-17.9M
-12.1M
-13.5M
-13.8M
-9M
-9.2M
-9.9M
-9.5M
-4M
-5.8M
-7.2M
-3.7M
-180K
120K
115K
699K
427K
-56M
-56.2M
-34.8M
-17.9M
-12.1M
-56.1M
-16.1M
-7.9M
-9.2M
-9.9M
-9.5M
-4.9M
-5.8M
-8.2M
-5.5M
-180K
120K
115K
699K
427K
69M
46.5M
56.9M
35.7M
9.5M
427K
46.4M
45.2M
45.1M
41.7M
41M
32.9M
38.3M
43.9M
33M
38M
38.6M
31.2M
23M
12.5M
NET INCOME
(15.5M)
(10M)
(13.8M)
(9.1M)
(1.5M)
(5.6M)
(9.4M)
(10.2M)
(6M)
(14.9M)
(16.1M)
(12.5M)
(14.3M)
(16.5M)
(12.4M)
(14.3M)
(14.6M)
(12.2M)
(8.9M)
(4.7M)
53.5M
30.5M
39.1M
28.1M
8M
-5.2M
37M
35.1M
39.1M
26.8M
24.9M
19.4M
22.9M
21.3M
20.6M
23.7M
24M
19M
14.1M
7.8M

SEC Filings

VSEC - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 08, 2026
May 07, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 08, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 05, 2026
2026
8-K

8-K 2026

N/A

May 05, 2026
May 05, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 24, 2026
May 07, 2026
2026
8-K

8-K 2026

N/A

February 27, 2026
February 24, 2026
2026
10-K

10-K 2025 FY

FY

February 27, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 26, 2026
February 25, 2026
2026
8-K

8-K 2026

N/A

February 05, 2026
February 02, 2026
2026
8-K

8-K 2026

N/A

February 04, 2026
February 02, 2026
2026
Showing 1 to 10 of 442 filings