VSECNasdaqServices-Engineering ServicesFiscal year ends December 31Also trades as VSECU

VSE CORP

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026

$158.08−6.00 (-3.66%)

Close on Oct 19, 2026

Market cap: $4.96B
P/E (TTM): 57.7
Dividend yield: 0.25%

VSE CORP income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31
Revenue	1,112	786	544	669	481	662	753	697	760	692	534	424	472	547	581	811	1,015
Cost of Revenue	–	–	–	–	–	–	–	–	292	280	258	135	129	122	73	8.74	-3.03
Gross Profit	–	–	–	–	–	–	–	–	468	412	276	289	343	425	508	802	1,018
Selling, General & Admin	13	14	7.12	3.64	3.45	3.12	4.19	3.71	2.43	6.61	3.29	4.14	3.29	3.97	5.21	1.99	1.26
Operating Income	90	59	50	54	-2.71	14	60	54	54	52	51	37	44	51	36	38	38
Interest Expense	21	35	31	–	–	–	–	–	–	–	–	2.00	3.70	5.20	3.10	–	–
Asset Impairment Charges	0	0	0	0	0	34	0	0	–	–	–	–	–	–	–	–	–
Gain (Loss) on Investments	–	–	–	0	0	-8.21	0	–	–	–	–	–	–	–	–	–	–
Gain (Loss) on Sale of Assets	-0.05	-0.48	0	-0.12	0.06	1.05	0	0	–	–	–	0.13	0.25	0	0	-0.08	0.16
Pretax Income	69	24	19	36	-15	0.43	46	45	45	42	41	33	38	44	32	38	39
Income Tax Expense	16	4.41	4.50	9.05	-3.77	5.60	9.40	10	5.99	15	16	12	14	16	12	14	15
Income from Continuing Operations	53	19	15	27	-11	–	–	–	–	27	25	20	24	27	20	24	–
Income from Discontinued Operations	-42	-4.08	25	1.40	19	–	–	–	–	0	0	-1.12	-1.14	-6.07	0.36	0.18	–
Net Income	12	15	39	28	7.97	-5.17	37	35	39	27	25	19	23	21	21	24	24
EPS (Basic)(per share)	0.55	0.86	2.77	2.20	0.63	-0.47	3.38	3.23	3.61	2.48	2.32	1.81	2.15	2.02	1.97	2.28	2.34
EPS (Diluted)(per share)	0.55	0.85	2.76	2.19	0.63	-0.47	3.35	3.21	3.60	2.47	2.31	1.81	2.14	2.01	1.95	2.27	2.34
Shares Outstanding (Basic, Weighted)(shares)	21	18	14	13	13	11	11	11	11	11	11	11	11	11	10	10	10
Shares Outstanding (Diluted, Weighted)(shares)	21	18	14	13	13	11	11	11	11	11	11	11	11	11	11	10	10
Dividend per Share(per share)	0.40	0.40	0.40	0.40	0.37	0.36	0.35	0.31	0.27	0.24	0.22	0.20	0.18	0.16	0.14	0.16	0.10
EBITDA	130	88	74	78	22	38	87	79	80	78	76	56	64	72	51	47	46
Net Interest Income	–	–	-31	-18	-12	-13	-14	-8.98	-9.24	-9.86	-9.54	-3.98	-5.79	-7.22	-3.69	-0.20	0.12

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: –
Operating margin: 9.2%
Net margin: 5.5%
Return on equity, FY2025: 1.0%

Financial strength

Current ratio: 3.77
Debt to equity: 0.32
Debt to assets: 21.5%
Cash to current liabilities: 21.4%

Valuation

P/E ratio: 57.7
Price to sales: 3.65
Price to book: 1.69
Dividend yield: 0.25%