VSEC
VSE Corp
$233.12
▼ 1.0%Updated Today 11:10 AM ET
VSEC at a glance — five pillars scored 0–100 from real filed financials.
Overall: Unrated · 0/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
Market Cap
$0.00
P/E
—
Forward P/E (est.)
—
ROE
—
Revenue Growth
—
EPS Growth
—
Profit Margin
—
FCF Yield
—
Debt / Equity
—
ROIC
2.0%
Interest Coverage
44.8x
Current Ratio
3.77x
Dividend Yield
—
Implied Growth (rev. DCF)
—
Rating Score
0/100
VSE Corp (VSEC) is a small-cap company in the Aerospace & Defense industry, part of the Industrials sector of the S&P 500.
In its latest reported year it generated about $1.11B in revenue and $11.70M in net profit.
Our model rates VSEC Unrated (0/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Evidence of durable competitive advantage in the filed financials (10 years of history).
The numbers don't show a durable competitive advantage — margins, growth, or returns on capital have been unstable or thin. Great returns are still possible; they just aren't protected.
8.2% average over the last 3 years
±3.0 pts around 6.5% across 10 years
grew in 5 of the last 9 year-over-year periods
positive in 6 of 10 years
2.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
4Y CAGR
23.3%
Revenue moved from $691.79M in 2016 to $1.11B in 2025, a 5.4% compound annual growth rate. The most recent year was roughly steady year over year. Slower, mature growth is common for established businesses.
Gross Margin
—
Operating Margin
8.1%
Net Margin
1.1%
ROE
—
Total Debt
$946.96M
Net Debt
$871.60M
Net Debt / EBITDA
9.73x
Debt / Equity
—
Leverage: debt-to-equity is n/a, and operating profit covers interest about 44.8x, with a current ratio of 3.8x. Detailed balance-sheet leverage is limited for this name. It carries roughly $946.96M of total debt against $75.36M of cash.
Operating CF
$26.99M
Free Cash Flow
$5.71M
FCF Margin
0.5%
In the latest year VSE Corp produced about $26.99M of operating cash flow and $5.71M of free cash flow after capital spending. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.
Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.
The dividend is being paid, but coverage or consistency is thinner than an income investor should rely on without a closer look.
Per share (latest FY)
$0.40
Total paid (latest FY)
$8.26M
History on record
10 years
dividend uses 145% of free cash flow
71% of net income paid out
total dividends increased 9 years in a row
no cuts in the last 10 years on record
Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.
P/E
—
P/S
—
P/B
—
EV / EBITDA
—
VSEC trades at n/a trailing earnings. With no positive trailing earnings, value it on sales, cash flow, or growth rather than P/E.
A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.
DCF fair value / share
$3.49
Current price
$233.12
Starting FCF (latest 10-K)
$5.71M
Growth, years 1–5
4.0%
Fade to terminal, years 6–10
2.5%
Discount rate
9.0%
Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.
Where VSEC sits versus its Industrials sector peers in the S&P 500.
Bands show the middle half (25th–75th percentile) of the 144 Industrials companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
How VSEC stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.
In the Industrials sector (273 S&P 500 companies), VSEC ranks #266 of 273 by our overall rating.
P/E vs sector
—
median 31.4x
ROE vs sector
—
median 18.1%
Growth vs sector
—
median 6.0%
Sector rank
#266
of 273 by rating
Peers are the closest Industrials companies by sub-industry and size. Sector median is across all 273 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$0.00 – $0.00
vs. $233.12 today · expected CAGR -38% – -32%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $1.20B | $1.30B | $1.40B | $1.51B | $1.63B |
| Net income | $36.04M | $38.92M | $42.03M | $45.40M | $49.03M |
| EPS | $1.28 | $1.39 | $1.50 | $1.62 | $1.75 |
| Share price (low) | $15.41 | $16.64 | $17.97 | $19.41 | $20.96 |
| Share price (high) | $25.68 | $27.74 | $29.96 | $32.35 | $34.94 |
| CAGR (low–high) | -93% / -89% | -73% / -66% | -57% / -50% | -46% / -39% | -38% / -32% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for VSEC:
- As an established S&P 500 member in Industrials, it brings scale and a long operating history.
The case against VSEC:
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the picture is mixed: VSE Corp is a small-cap industrials business growing at a mature pace, with modest profitability, and a heavier debt load to watch. It trades at n/a earnings, which our model scores Unrated (0/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Latest SEC Filings
VSEC's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.
VSEC — frequently asked questions
Is VSEC a good stock to buy?
We don't give buy or sell advice. Review VSE Corp's fundamentals, valuation, and 5-year financials on this page, then make your own decision — and consider a licensed professional.
Where does VSEC's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from VSE Corp's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for VSEC calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this VSEC analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell VSEC. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.