VSEC
VSE CORPCompany Information
- Company Name
- VSE CORP
- CIK
- CIK0000102752
- Category
- Large accelerated filer
- Ticker: Exchange
- VSEC: Nasdaq, VSECU: Nasdaq
- Fiscal Year End
- December 31
- Owner Organization
- 07 Trade & Services
- SIC
- 8711
- SIC Description
- Services-Engineering Services
- Ticker
- VSEC
SEC filing data through
Insider Sentiment
- Last purchase
- —
- Last sale
- 2026-09-14
- Shares purchased (TTM)
- 0
- Shares sold (TTM)
- 25,566
Institutional Sentiment
- As of
- 2026-06-30
- Institutional shares owned
- 30,526,236
- Shares outstanding
- 30,941,788
- Ownership
- 98.66%
Earnings Market Reaction
- Filing date
- 2026-08-06
- Price on filing date
- —
- 1-month reaction
- -4.27%
- 3-month reaction
- …
Balance Sheet
Values in millions ($)| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets Current | ||||||||||||||||||
| Cash And Cash Equivalents At Carrying Value | 75 | 1,239 | 69 | 9 | 17 | 6 | 30 | 8 | 19 | 11 | 8 | 21 | ||||||
| Accounts Receivable Net Current | 275 | 217 | 191 | 176 | 183 | 170 | 158 | 163 | 168 | 145 | 128 | 129 | ||||||
| Unbilled Receivables Current | - | - | - | - | - | - | - | - | - | - | - | 6 | ||||||
| Contract With Customer Asset Net | 59 | 46 | 41 | 34 | 34 | 31 | 30 | 30 | 29 | 11 | 8 | - | ||||||
| Inventory Finished Goods | 867 | 626 | 554 | 464 | 463 | 441 | 434 | 534 | 532 | 521 | 501 | 494 | ||||||
| Other Assets Current | - | - | - | - | - | - | - | 41 | 48 | 55 | 36 | 22 | ||||||
| Prepaid Expense And Other Assets Current | 49 | 34 | 38 | 39 | 56 | 62 | 31 | - | - | - | 36 | - | ||||||
| Assets Of Disposal Group Including Discontinued Operation Current | - | - | 0 | 0 | 0 | 260 | 283 | 0 | 0 | 0 | 93 | 98 | ||||||
| Assets Current | 1,325 | 2,161 | 893 | 722 | 754 | 969 | 965 | 775 | 796 | 743 | 774 | 770 | ||||||
Assets Noncurrent | ||||||||||||||||||
| Property Plant And Equipment Net | 167 | 94 | 91 | 83 | 80 | 71 | 71 | 75 | 73 | 67 | 58 | 53 | ||||||
| Intangible Assets Net Excluding Goodwill | 952 | 319 | 296 | 202 | 209 | 191 | 197 | 161 | 165 | 111 | 114 | 119 | ||||||
| Goodwill | 1,810 | 639 | 641 | 429 | 429 | 424 | 428 | 391 | 390 | 351 | 352 | 346 | ||||||
| Operating Lease Right Of Use Asset | 92 | 48 | 50 | 43 | 44 | 45 | 43 | 34 | 34 | 35 | 29 | 25 | ||||||
| Disposal Group Including Discontinued Operation Other Noncurrent Assets | - | - | - | - | - | - | - | - | - | - | 0 | 0 | ||||||
| Notes And Loans Receivable Net Noncurrent | 28 | 28 | 27 | 26 | 25 | - | 0 | - | 0 | - | - | - | ||||||
| Other Assets Noncurrent | 22 | 22 | 30 | 55 | 39 | 33 | 38 | 29 | 35 | 30 | 24 | 30 | ||||||
| Assets | 4,397 | 3,311 | 2,029 | 1,560 | 1,602 | 1,733 | 1,743 | 1,464 | 1,494 | 1,337 | 1,350 | 1,343 | ||||||
Liabilities Current | ||||||||||||||||||
| Long Term Debt Current | 32 | 30 | 8 | 8 | 8 | 6 | 30 | 30 | 30 | 30 | 23 | 19 | ||||||
| Accounts Payable Current | 187 | 148 | 155 | 112 | 140 | 141 | 145 | 123 | 145 | 155 | 173 | 138 | ||||||
| Accrued Liabilities And Other Liabilities | 96 | 66 | 73 | 61 | 52 | 47 | 53 | 56 | 49 | 36 | 36 | 33 | ||||||
| Dividends Payable Current | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||||||
| Liabilities Of Disposal Group Including Discontinued Operation Current | - | - | 0 | 0 | 0 | 53 | 68 | 0 | 0 | 0 | 53 | 60 | ||||||
| Business Combination Contingent Consideration Liability Current | 34 | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Liabilities Current | 352 | 246 | 238 | 183 | 202 | 248 | 299 | 210 | 226 | 223 | 287 | 252 | ||||||
Liabilities Noncurrent | ||||||||||||||||||
| Long Term Debt Noncurrent | 915 | 331 | 285 | 349 | 372 | 459 | 400 | 420 | 434 | 452 | 407 | 442 | ||||||
| Deferred Compensation Liability Classified Noncurrent | 5 | 5 | 6 | 7 | 8 | 7 | 7 | 8 | 8 | 8 | 8 | 7 | ||||||
| Operating Lease Liability Noncurrent | 79 | 42 | 44 | 38 | 38 | 39 | 39 | 29 | 37 | 31 | 25 | 22 | ||||||
| Disposal Group Including Discontinued Operation Other Noncurrent Liabilities | - | - | - | - | - | - | - | - | - | - | 0 | 0 | ||||||
| Deferred Income Tax Liabilities Net | 105 | 17 | 12 | - | - | - | 0 | 0 | 4 | 7 | 7 | 10 | ||||||
| Other Liabilities Noncurrent | 9 | 4 | 5 | 0 | 3 | 3 | 9 | 9 | 5 | 3 | 0 | 0 | ||||||
| Liabilities | 1,464 | 644 | 590 | 577 | 623 | 757 | 754 | 676 | 713 | 724 | 734 | 733 | ||||||
Stockholders Equity | ||||||||||||||||||
| Common Stock Value | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| Additional Paid In Capital Common Stock | 2,484 | 2,242 | 1,041 | 597 | 595 | 592 | 592 | 405 | 404 | 231 | 229 | 227 | ||||||
| Retained Earnings Accumulated Deficit | 448 | 422 | 396 | 384 | 383 | 381 | 392 | 382 | 372 | 377 | 385 | 375 | ||||||
| Accumulated Other Comprehensive Income Loss Net Of Tax | 0 | 1 | 1 | 1 | 1 | 2 | 3 | 0 | 5 | 5 | 2 | 7 | ||||||
| Stockholders Equity | 2,933 | 2,666 | 1,439 | 983 | 980 | 976 | 988 | 788 | 781 | 613 | 617 | 610 | ||||||
| Liabilities And Stockholders Equity | 4,397 | 3,311 | 2,029 | 1,560 | 1,602 | 1,733 | 1,743 | 1,464 | 1,494 | 1,337 | 1,350 | 1,343 | ||||||
| Allowance For Doubtful Accounts Receivable Current | 8 | 7 | - | 5 | 5 | 5 | - | 7 | 5 | 5 | - | 4 | ||||||
| Accumulated Depreciation Depletion And Amortization Property Plant And Equipment | 43 | 38 | - | 31 | 27 | 24 | - | 45 | 43 | 47 | - | 35 | ||||||
| Finite Lived Intangible Assets Accumulated Amortization | 130 | 112 | - | 94 | 87 | 80 | - | 79 | 74 | 70 | - | 132 | ||||||
| Common Stock Par Or Stated Value Per Share | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | ||||||
| Common Stock Shares Authorized | 44 | 44 | 44 | 44 | 44 | 23 | 44 | 23 | 23 | 23 | 23 | 23 | ||||||
| Common Stock Shares Issued | 28 | 28 | 23 | 21 | 21 | 21 | 21 | 18 | 18 | 16 | 16 | 16 | ||||||
| Shares Outstanding | 28 | 28 | 23 | 21 | 21 | 21 | 21 | 18 | 18 | 16 | 16 | 16 | ||||||
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Recent filings
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
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Start 7-day free trialVSE CORP (VSEC) — SEC Financial Statements & Analysis
VSE CORP (VSEC) is a services-engineering services company, incorporated in DE. VSE CORP trades on Nasdaq as: VSEC, VSECU. VSE CORP (VSEC)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-06. Based on that filing, VSE CORP carries a market cap of $7.07B, a P/E ratio of 94.15x, a P/B ratio of 2.41x, a P/S ratio of 5.20x, an enterprise value of $7.94B, and an EV/EBITDA multiple of 43.76x. On profitability, it posts a gross margin of 52.89%, an operating margin of 9.15%, a net margin of 5.53%, a Return on Equity (ROE) of 3.84%, a Return on Assets (ROA) of 2.50%, and a Return on Invested Capital (ROIC) of 3.64%. Per share, it reports EPS of $2.43, diluted EPS of $2.39, free cash flow per share of $-0.04, and a dividend per share of $0.30. Over the trailing year, it posted revenue growth of 41.55% year-over-year, net income growth of 296.37% year-over-year, and EPS growth of 164.79% year-over-year. On the balance sheet, it maintains a current ratio of 3.77x, a quick ratio of 1.16x, working capital of $973.67M, a debt-to-equity ratio of 0.50x, a debt ratio of 0.33, an interest coverage ratio of 5.99x, free cash flow of $-1.12M (TTM), and net debt of $871.60M. Figures sourced from SEC EDGAR.
- Market Cap
- $7.07B
- P/E TTM
- 94.15x
- EPS TTM
- $2.43
- P/B TTM
- 2.41x
- ROE TTM
- 3.84%
- ROA TTM
- 2.50%
- Debt To Equity
- 0.50x
- Free Cash Flow TTM
- $-1.12M
- Net Revenue TTM Growth 1Y
- 41.55%
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is VSE CORP in?
VSE CORP (VSEC) operates in the Services-Engineering Services industry.
What exchange does VSEC trade on?
VSE CORP (VSEC) trades on the Nasdaq.
Where is VSE CORP incorporated?
VSE CORP is incorporated in DE.
When was VSE CORP (VSEC)'s most recent SEC filing?
VSE CORP (VSEC)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-06.
What is VSEC's market cap?
VSE CORP (VSEC) has a market capitalization of $7.07B as of 2026-06-30.
What is VSEC's P/E ratio?
VSE CORP (VSEC)'s trailing twelve month P/E ratio is 94.15x as of 2026-06-30.
What is VSEC's EPS (earnings per share)?
VSE CORP (VSEC)'s trailing twelve month EPS is $2.43 as of 2026-06-30.
What is VSEC's ROE (return on equity)?
VSE CORP (VSEC)'s trailing twelve month Return on Equity (ROE) is 3.84% as of 2026-06-30.
What is VSEC's ROA (return on assets)?
VSE CORP (VSEC)'s trailing twelve month Return on Assets (ROA) is 2.50% as of 2026-06-30.
What is VSEC's ROIC (return on invested capital)?
VSE CORP (VSEC)'s trailing twelve month Return on Invested Capital (ROIC) is 3.64% as of 2026-06-30.
What is VSEC's EV/EBITDA?
VSE CORP (VSEC)'s trailing twelve month EV/EBITDA is 43.76x as of 2026-06-30.