History and Organization VSE Corporation, through its subsidiaries (collectively, "VSE" or the "Company") is a leading provider of aftermarket distribution and maintenance, repair and overhaul ("MRO") services for air transportation assets for commercial and government markets. VSE was incorporated in Delaware in 1959. Purpose, Vision and Core Values Purpose and Vision Statement We deliver trusted solutions to inspire the performance of tomorrow. The Company is focused on enhancing the productivity and longevity of its customer's high-value, business-critical assets. The Company strives to achieve this through dedication to creating better solutions, anticipating global needs, and building stronger relationships with customers.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 1.1B | 1.1B | 786M | 860M | 669M | 751M |
| Net Income | 12M | 12M | 15M | 39M | 28M | 8.0M |
| EPS | $0.55 | $0.55 | $0.85 | $2.76 | $2.19 | $0.63 |
| Free Cash Flow | 5.7M | 5.7M | -52M | -40M | -3.2M | -28M |
| ROIC | 2.3% | 4.6% | 3.4% | 6.3% | 5.4% | 2.5% |
| Gross Margin | 47.0% | 47.0% | 48.5% | 29.6% | 25.9% | 48.7% |
| Debt/Equity | 0.21 | 0.21 | 0.47 | 0.73 | 0.66 | 0.72 |
| Dividends/Share | $0.39 | $0.39 | $0.39 | $0.38 | $0.40 | $0.35 |
| Operating Income | 90M | 90M | 59M | 88M | 54M | 22M |
| Operating Margin | 8.1% | 8.1% | 7.5% | 10.2% | 8.0% | 2.9% |
| ROE | 0.8% | 1.0% | 1.6% | 6.3% | 6.2% | 1.9% |
| Shares Outstanding | 21M | 21M | 18M | 14M | 13M | 13M |
VSE CORP passes 2 of 9 quality checks, indicating weak fundamentals.
VSE CORP trades at 390.3x trailing earnings, compared to its 15-year median P/E of 14.9x, suggesting it is currently Expensive relative to its historical range. The company's 5-year average ROIC is 4.5% with a gross margin of 39.9%. Total shareholder yield (dividends) is 0.2%. At current prices, the estimated annualized return to fair value is -21.9%.
VSE CORP (VSEC) has a current P/E ratio of 390.3, compared to its historical median P/E of 14.9. The stock is currently considered Expensive based on its historical valuation range.
VSE CORP (VSEC) has a 5-year average return on invested capital (ROIC) of 4.5%. This is below average and may indicate limited pricing power.
VSE CORP (VSEC) has a market capitalization of $4.6B. It is classified as a mid-cap stock.
Yes, VSE CORP (VSEC) pays a dividend with a trailing twelve-month yield of 0.18%.
Based on historical P/E analysis, VSE CORP (VSEC) appears expensive. The current P/E of 390.3 is 2520% above its historical median of 14.9. The estimated fair value CAGR (P/E method) is -13.7%.
VSE CORP (VSEC) operates in the Services-Engineering Services industry, within the Industrials sector.
VSE CORP (VSEC) reported annual revenue of $1.1 billion in its most recent fiscal year, based on SEC EDGAR filings.
VSE CORP (VSEC) has a net profit margin of 1.1%. This is a modest margin.
VSE CORP (VSEC) generated $6 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
VSE CORP (VSEC) has a debt-to-equity ratio of 0.21. This indicates a conservatively financed balance sheet.
VSE CORP (VSEC) reported earnings per share (EPS) of $0.55 in its most recent fiscal year.
VSE CORP (VSEC) has a return on equity (ROE) of 1.0%. This indicates moderate shareholder returns.
VSE CORP (VSEC) has a 5-year average gross margin of 39.9%. This indicates decent pricing power.
The Ledger Terminal provides 16 years of financial data for VSE CORP (VSEC), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
VSE CORP (VSEC) has a book value per share of $67.62, based on its most recent annual SEC filing.
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