VSE Financial Statements From 2010 to 2024

VSEC Stock  USD 114.26  0.55  0.48%   
VSE financial statements provide useful quarterly and yearly information to potential VSE Corporation investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on VSE financial statements helps investors assess VSE's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting VSE's valuation are summarized below:
Gross Profit
77.9 M
Profit Margin
0.0136
Market Capitalization
2.3 B
Enterprise Value Revenue
2.7811
Revenue
B
We have found one hundred twenty available fundamental trend indicators for VSE Corporation, which can be analyzed and compared to other ratios and to its competition. Investors should ensure to double-check all of VSE's current performance against the performance from 2010 to 2024 to make sure the company is sustainable next year. The current year's Market Cap is expected to grow to about 958.6 M. The current year's Enterprise Value is expected to grow to about 1.4 B

VSE Total Revenue

430.52 Million

Check VSE financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VSE's main balance sheet or income statement drivers, such as Depreciation And Amortization of 24.6 M, Interest Expense of 32.6 M or Total Revenue of 430.5 M, as well as many indicators such as Price To Sales Ratio of 1.11, Dividend Yield of 0.0057 or PTB Ratio of 1.19. VSE financial statements analysis is a perfect complement when working with VSE Valuation or Volatility modules.
  
Check out the analysis of VSE Correlation against competitors.

VSE Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.4 B1.4 B700.7 M
Slightly volatile
Short and Long Term Debt Total482.2 M459.3 M239.1 M
Slightly volatile
Other Current Liabilities90.7 M86.4 M38 M
Slightly volatile
Total Current Liabilities301.2 M286.9 M142.5 M
Slightly volatile
Total Stockholder Equity647.6 M616.7 M311.8 M
Slightly volatile
Property Plant And Equipment Net91.1 M86.8 M61.2 M
Slightly volatile
Net Debt474.1 M451.5 M237.5 M
Slightly volatile
Retained Earnings403.9 M384.7 M251.6 M
Slightly volatile
Cash8.2 M7.8 M1.6 M
Slightly volatile
Non Current Assets Total605.1 M576.3 M373.5 M
Slightly volatile
Cash And Short Term Investments8.2 M7.8 M1.6 M
Slightly volatile
Net Receivables70.7 M136 M90.7 M
Slightly volatile
Common Stock Shares Outstanding9.4 M14.2 M11.7 M
Pretty Stable
Liabilities And Stockholders Equity1.4 B1.4 B700.7 M
Slightly volatile
Non Current Liabilities Total469.1 M446.7 M246.4 M
Slightly volatile
Inventory525.9 M500.9 M194.7 M
Slightly volatile
Other Current Assets135.9 M129.4 M34.7 M
Slightly volatile
Other Stockholder Equity240.6 M229.1 M59.7 M
Slightly volatile
Total Liabilities770.3 M733.6 M388.9 M
Slightly volatile
Property Plant And Equipment Gross130.4 M124.2 M75.7 M
Slightly volatile
Total Current Assets812.7 M774 M327.2 M
Slightly volatile
Short Term Debt15.5 M27.5 M17.9 M
Pretty Stable
Intangible Assets119.8 M114.1 M99.9 M
Slightly volatile
Accounts Payable181.7 M173 M76.1 M
Slightly volatile
Good Will369.4 M351.8 M193.8 M
Slightly volatile
Common Stock Total Equity774 K737.1 K463.1 K
Slightly volatile
Common Stock827.4 K788 K470.1 K
Slightly volatile
Other Liabilities19 M19.6 M26.7 M
Pretty Stable
Other Assets14.2 M25.8 M18.9 M
Slightly volatile
Property Plant Equipment36.7 M55.2 M48.5 M
Very volatile
Long Term Debt427.2 M406.8 M207.5 M
Slightly volatile
Current Deferred Revenue2.6 M2.8 M24 M
Slightly volatile
Capital Surpluse111.8 M106.5 M43.3 M
Slightly volatile
Non Current Liabilities Other23.4 M37.2 M22.3 M
Slightly volatile
Deferred Long Term Asset Charges1.5 M2.9 M2.2 M
Slightly volatile
Long Term Debt Total236 M317.7 M199.6 M
Slightly volatile
Short and Long Term Debt13.1 M22.5 M18.4 M
Slightly volatile
Capital Lease Obligations29.6 M29.9 M25.1 M
Slightly volatile
Net Invested Capital735.3 MB578.3 M
Slightly volatile
Net Working Capital284.9 M487.1 M202.7 M
Slightly volatile
Capital Stock680.4 K788 K582.9 K
Slightly volatile

VSE Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization24.6 M23.4 M21.9 M
Slightly volatile
Total Revenue430.5 M860.5 M615.8 M
Slightly volatile
Gross Profit100.4 M95.6 M63 M
Slightly volatile
Other Operating Expenses406.1 M772.5 M570 M
Slightly volatile
Operating Income92.4 M88 M50.4 M
Slightly volatile
EBITDA120.9 M115.1 M70.9 M
Slightly volatile
Cost Of Revenue399.3 M764.9 M557.4 M
Slightly volatile
Total Operating Expenses6.8 M7.6 M12.6 M
Slightly volatile
Income Before Tax59.8 M56.9 M35.7 M
Pretty Stable
Income Tax Expense14.4 M13.8 M10.5 M
Very volatile
Selling General Administrative10 M9.5 M4.6 M
Slightly volatile
Tax Provision7.6 M13.1 M11.6 M
Slightly volatile
Interest Income11.3 M15.9 M11.2 M
Slightly volatile
Reconciled Depreciation20.3 M24.4 M25.3 M
Slightly volatile
Extraordinary Items679.7 K715.5 KM
Slightly volatile
Non Recurring27 M30.4 M33.1 M
Slightly volatile

VSE Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow454.1 K478 K1.1 M
Slightly volatile
Depreciation24.6 M23.4 M22 M
Slightly volatile
Dividends Paid5.7 M5.4 M3.1 M
Slightly volatile
Capital Expenditures19.6 M18.7 M9.1 M
Slightly volatile
End Period Cash Flow8.3 M7.9 M1.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.111.0610.6309
Slightly volatile
Dividend Yield0.00570.0060.0096
Slightly volatile
PTB Ratio1.191.48031.3247
Slightly volatile
Days Sales Outstanding72.6357.691257.7403
Slightly volatile
Book Value Per Share45.8343.645526.1752
Slightly volatile
Average Payables109 M150.8 M122.9 M
Pretty Stable
Stock Based Compensation To Revenue0.00940.0090.0042
Slightly volatile
Capex To Depreciation0.940.79710.4354
Pretty Stable
PB Ratio1.191.48031.3247
Slightly volatile
EV To Sales1.661.58570.9726
Slightly volatile
Inventory Turnover1.451.52719.7316
Slightly volatile
Days Of Inventory On Hand251239105
Slightly volatile
Payables Turnover4.24.420310.6201
Slightly volatile
Sales General And Administrative To Revenue0.00230.00240.0027
Slightly volatile
Capex To Revenue0.01440.02170.015
Slightly volatile
Cash Per Share0.290.54970.1021
Slightly volatile
Interest Coverage2.692.83110.89
Slightly volatile
Days Payables Outstanding86.782.573442.8792
Slightly volatile
Intangibles To Total Assets0.360.3450.4116
Very volatile
Net Debt To EBITDA4.123.92223.7313
Slightly volatile
Current Ratio1.422.6982.043
Slightly volatile
Receivables Turnover4.76.32686.5805
Slightly volatile
Graham Number54.7652.150934.1617
Slightly volatile
Shareholders Equity Per Share45.8343.645526.1752
Slightly volatile
Debt To Equity0.460.69620.6718
Pretty Stable
Capex Per Share1.391.3210.7657
Pretty Stable
Revenue Per Share63.9460.896555.6738
Slightly volatile
Interest Debt Per Share34.2132.584318.9368
Slightly volatile
Debt To Assets0.180.3180.2839
Very volatile
Enterprise Value Over EBITDA6.211.853310.5704
Slightly volatile
Operating Cycle312297161
Slightly volatile
Price Book Value Ratio1.191.48031.3247
Slightly volatile
Days Of Payables Outstanding86.782.573442.8792
Slightly volatile
Pretax Profit Margin0.06940.06610.0566
Slightly volatile
Ebt Per Ebit0.940.64680.7475
Slightly volatile
Operating Profit Margin0.110.10230.0775
Pretty Stable
Effective Tax Rate0.230.24181.145
Pretty Stable
Company Equity Multiplier2.632.18952.3243
Pretty Stable
Long Term Debt To Capitalization0.230.39750.3544
Very volatile
Total Debt To Capitalization0.260.41040.3875
Pretty Stable
Return On Capital Employed0.170.08270.1093
Slightly volatile
Debt Equity Ratio0.460.69620.6718
Pretty Stable
Ebit Per Revenue0.110.10230.0775
Pretty Stable
Quick Ratio1.50.95221.0359
Slightly volatile
Cash Ratio0.02570.02710.0105
Pretty Stable
Cash Conversion Cycle225214120
Slightly volatile
Days Of Inventory Outstanding251239105
Slightly volatile
Days Of Sales Outstanding72.6357.691257.7403
Slightly volatile
Price To Book Ratio1.191.48031.3247
Slightly volatile
Fixed Asset Turnover9.429.91810.8375
Very volatile
Enterprise Value Multiple6.211.853310.5704
Slightly volatile
Debt Ratio0.180.3180.2839
Very volatile
Price Sales Ratio1.111.0610.6309
Slightly volatile
Asset Turnover0.610.63721.0669
Slightly volatile
Gross Profit Margin0.120.11110.0984
Pretty Stable
Price Fair Value1.191.48031.3247
Slightly volatile

VSE Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap958.6 M913 M438.3 M
Slightly volatile
Enterprise Value1.4 B1.4 B674.8 M
Slightly volatile

VSE Fundamental Market Drivers

Forward Price Earnings33.557
Cash And Short Term Investments7.8 M

VSE Upcoming Events

13th of March 2024
Upcoming Quarterly Report
View
6th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
13th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About VSE Financial Statements

VSE stakeholders use historical fundamental indicators, such as VSE's revenue or net income, to determine how well the company is positioned to perform in the future. Although VSE investors may analyze each financial statement separately, they are all interrelated. For example, changes in VSE's assets and liabilities are reflected in the revenues and expenses on VSE's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in VSE Corporation. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue2.8 M2.6 M
Total Revenue860.5 M430.5 M
Cost Of Revenue764.9 M399.3 M
Stock Based Compensation To Revenue 0.01  0.01 
Capex To Revenue 0.02  0.01 
Revenue Per Share 60.90  63.94 
Ebit Per Revenue 0.10  0.11 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether VSE Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VSE's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vse Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vse Corporation Stock:
Check out the analysis of VSE Correlation against competitors.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of VSE. If investors know VSE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about VSE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
0.4
Earnings Share
2.04
Revenue Per Share
60.555
Quarterly Revenue Growth
0.183
Return On Assets
0.042
The market value of VSE Corporation is measured differently than its book value, which is the value of VSE that is recorded on the company's balance sheet. Investors also form their own opinion of VSE's value that differs from its market value or its book value, called intrinsic value, which is VSE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VSE's market value can be influenced by many factors that don't directly affect VSE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VSE's value and its price as these two are different measures arrived at by different means. Investors typically determine if VSE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VSE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.