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 statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Services-Engineering Services companies for comparison
Valuation
| Measure | VSE | Industry median |
|---|---|---|
| Market Cap | $4.44B | $74.60M |
| Enterprise Value | $5.31B | $56.72M |
| PE Ratio | 57.69 | 25.83 |
| PS Ratio | 3.27 | 3.25 |
| PB Ratio | 1.51 | 3.13 |
| P/TBV Ratio | 25.96 | 8.30 |
| P/OCF Ratio | 164.17 | 15.81 |
Enterprise value
| Measure | VSE | Industry median |
|---|---|---|
| EV / Sales | 3.91 | 2.79 |
| EV / EBITDA | 29.26 | 15.81 |
| EV / EBIT | 42.71 | 22.04 |
Income (trailing twelve months)
| Measure | VSE | Industry median |
|---|---|---|
| Revenue | $1.36B | $24.74M |
| Operating Income | $124.28M | -$55.64K |
| Pretax Income | $109.81M | $45.62K |
| Net Income | $75.06M | -$97.64K |
| EBITDA | $181.39M | -$29.48K |
| EPS (Diluted) | $2.74 | $0.00 |
Margins
| Measure | VSE | Industry median |
|---|---|---|
| Operating Margin | 9.15% | 0.94% |
| Pretax Margin | 8.09% | 2.64% |
| Profit Margin | 5.53% | 0.51% |
| EBITDA Margin | 13.4% | 3.48% |
| FCF Margin | -0.08% | 5.05% |
Returns
| Measure | VSE | Industry median |
|---|---|---|
| Return on Equity (ROE) | 3.84% | 0.45% |
| Return on Assets (ROA) | 2.50% | -3.47% |
| Return on Invested Capital (ROIC) | 3.67% | 2.85% |
| Return on Capital Employed (ROCE) | 3.07% | 2.03% |
Growth
| Measure | VSE | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 41.6% | 4.26% |
| Net Income Growth (YoY) | 296.4% | -0.74% |
| EPS Growth (YoY) | 176.8% | 9.14% |
| FCF Growth (YoY) | -108.4% | -10.5% |
| Revenue Growth (3Y CAGR) | 18.4% | 2.15% |
| Revenue Growth (5Y CAGR) | 10.9% | 7.37% |
| EPS Growth (3Y CAGR) | -36.9% | 6.08% |
Balance sheet
| Measure | VSE | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $75.36M | $5.43M |
| Total Debt | $946.96M | $85.44M |
| Net Cash (Debt) | -$871.60M | $17.62K |
| Net Cash Per Share | -$31.06 | $0.00 |
| Equity (Book Value) | $2.93B | $10.50M |
| Book Value Per Share | $104.52 | $0.60 |
| Tangible Book Value | $170.92M | -$78.36K |
| Working Capital | $973.67M | $2.78M |
Financial position
| Measure | VSE | Industry median |
|---|---|---|
| Current Ratio | 3.77 | 1.26 |
| Quick Ratio | 0.99 | 0.65 |
| Debt / Equity | 0.32 | 0.45 |
| Debt / EBITDA | 5.22 | 2.59 |
| Net Debt / EBITDA | 4.81 | 1.99 |
Cash flow (trailing twelve months)
| Measure | VSE | Industry median |
|---|---|---|
| Operating Cash Flow | $27.02M | $8.04K |
| Capital Expenditures | -$28.14M | -$8.33M |
| Free Cash Flow | -$1.12M | $11.03M |
| FCF Per Share | -$0.04 | $0.76 |
Efficiency
| Measure | VSE | Industry median |
|---|---|---|
| Asset Turnover | 0.45 | 0.83 |
| Revenue Per Employee | $848.63K | $216.23K |
| Profits Per Employee | $46.91K | -$3.19K |
| Employee Count | 1,600 | 123 |
Dividends and yields
| Measure | VSE | Industry median |
|---|---|---|
| Earnings Yield | 1.69% | -0.97% |
| FCF Yield | -0.03% | 3.90% |
| Dividend Yield | 0.25% | 1.80% |
| Buyback Yield | -28.7% | 1.36% |
| Shareholder Yield | -28.4% | 1.65% |
| Dividend Per Share | $0.40 | $0.52 |
| Dividend Growth (YoY) | 0.00% | 7.42% |
| Years of Dividend Growth | 0 | 1 |
| Payout Ratio | 12.4% | 43.9% |
Shares
| Measure | VSE | Industry median |
|---|---|---|
| Shares Outstanding | 28,065,000 | 29,217,800 |
| Shares Change (YoY) | 28.0% | 0.84% |
| Shares Change (QoQ) | 0.02% | 0.00% |
| Float | 26,539,600 | 26,226,050 |
| Shares Held by Insiders | 5.44% | 4.85% |
| Shares Held by Institutions | 119.6% | 83.3% |
Taxes
| Measure | VSE | Industry median |
|---|---|---|
| Income Tax | $26.35M | $1.36M |
| Effective Tax Rate | 24.0% | 23.6% |
Scores
| Measure | VSE | Industry median |
|---|---|---|
| Graham Number | $80.27 | $16.51 |
| Graham Upside | -49.2% | -50.2% |
| Altman Z-Score | 2.63 | 2.66 |
| Piotroski F-Score | 6 | 5 |
Calculated by StockData from VSE's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.