See more : Internet Infinity, Inc. (ITNF) Income Statement Analysis – Financial Results
Complete financial analysis of VSE Corporation (VSEC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of VSE Corporation, a leading company in the Aerospace & Defense industry within the Industrials sector.
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VSE Corporation (VSEC)
About VSE Corporation
VSE Corporation operates as a diversified aftermarket products and services company in the United States. The company operates through three segments: Aviation, Fleet, and Federal and Defense. The Aviation segment provides international parts supply and distribution, supply chain solutions, and component and engine accessory maintenance, repair, and overhaul (MRO) services. This segment serves commercial airlines, regional airlines, cargo transporters, MRO integrators and providers, aviation manufacturers, corporate and private aircraft owners, and fixed-base operators. The Fleet segment offers parts supply, inventory management, e-commerce fulfillment, logistics, and other services to assist aftermarket commercial and federal customers with their supply chain management. This segment also provides sale of vehicle parts and supply chain services to support client truck fleets, as well as sustainment solutions and managed inventory services to government and commercial truck fleets. The Federal and Defense segment offers aftermarket refurbishment and sustainment services to extend and maintain the life cycle of military vehicles, ships, and aircraft for the United States Department of Defense (DoD). This segment also provides foreign military sales services, engineering, logistics, maintenance, configuration management, prototyping, technology, and field support services to the DoD and other customers. In addition, this segment offers energy consulting services and IT solutions to various DoD, federal civilian agencies, and commercial clients. The company also provides vehicle and equipment maintenance and refurbishment, logistics, engineering support, energy services, and IT and health care IT solutions, as well as consulting services. VSE Corporation was incorporated in 1959 and is headquartered in Alexandria, Virginia.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 860.49M | 949.76M | 750.85M | 661.66M | 752.63M | 697.22M | 760.11M | 691.79M | 533.98M | 424.07M | 471.64M | 546.76M | 618.59M | 866.04M | 1.01B | 1.04B | 653.16M | 363.73M | 280.14M | 216.01M | 134.46M | 134.38M | 111.57M | 122.27M | 157.40M | 180.20M | 155.90M | 120.10M | 75.10M | 65.60M | 79.60M | 78.30M | 68.30M | 99.60M | 109.80M | 115.10M | 111.30M | 100.60M | 87.40M |
| Cost of Revenue | 764.87M | 871.83M | 707.23M | 586.27M | 668.86M | 624.96M | 687.34M | 617.59M | 480.16M | 383.00M | 424.25M | 490.69M | 576.65M | 825.62M | 974.90M | 1.01B | 629.35M | 350.98M | 269.78M | 209.84M | 130.90M | 132.31M | 109.99M | 118.37M | 150.80M | 174.40M | 152.50M | 114.60M | 70.20M | 60.40M | 74.60M | 72.70M | 64.70M | 95.70M | 105.50M | 109.70M | 96.50M | 88.50M | 78.30M |
| Gross Profit | 95.62M | 77.93M | 43.63M | 75.39M | 83.77M | 72.26M | 72.77M | 74.21M | 53.83M | 41.07M | 47.39M | 56.07M | 41.95M | 40.42M | 39.74M | 32.33M | 23.81M | 12.76M | 10.36M | 6.17M | 3.56M | 2.07M | 1.58M | 3.90M | 6.60M | 5.80M | 3.40M | 5.50M | 4.90M | 5.20M | 5.00M | 5.60M | 3.60M | 3.90M | 4.30M | 5.40M | 14.80M | 12.10M | 9.10M |
| Gross Profit Ratio | 11.11% | 8.21% | 5.81% | 11.39% | 11.13% | 10.36% | 9.57% | 10.73% | 10.08% | 9.68% | 10.05% | 10.25% | 6.78% | 4.67% | 3.92% | 3.10% | 3.65% | 3.51% | 3.70% | 2.86% | 2.65% | 1.54% | 1.42% | 3.19% | 4.19% | 3.22% | 2.18% | 4.58% | 6.52% | 7.93% | 6.28% | 7.15% | 5.27% | 3.92% | 3.92% | 4.69% | 13.30% | 12.03% | 10.41% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 237.00K | 239.00K | 700.00K | 800.00K | 900.00K | 500.00K | 800.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 3.92M | 5.16M | 3.63M | 3.12M | 4.19M | 3.71M | 2.43M | 6.61M | 3.29M | 4.14M | 3.29M | 3.97M | 5.27M | 2.20M | 1.26M | 1.19M | 1.51M | 695.00K | 580.00K | 636.00K | 352.00K | 328.00K | 237.00K | 239.00K | 700.00K | 800.00K | 900.00K | 500.00K | 800.00K | 1.60M | 1.80M | 2.00M | 0.00 | 0.00 | 0.00 | 0.00 | 9.50M | 5.10M | 4.00M |
| Other Expenses | 0.00 | 17.64M | 18.48M | 17.50M | 19.32M | 16.02M | 16.02M | 16.07M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.56M | 1.90M | 1.90M | 4.10M | 1.50M | 1.30M | 1.10M | 1.30M | 1.40M | 1.40M | 1.90M | 1.80M | 1.80M | 1.30M | 900.00K | 800.00K |
| Operating Expenses | 7.62M | 22.80M | 22.11M | 20.62M | 23.51M | 19.73M | 18.45M | 22.68M | 3.29M | 4.14M | 3.29M | 3.97M | 5.27M | 2.20M | 1.26M | 1.19M | 1.51M | 695.00K | 580.00K | 636.00K | 352.00K | 328.00K | 237.00K | 1.80M | 2.60M | 2.70M | 5.00M | 2.00M | 2.10M | 2.70M | 3.10M | 3.40M | 1.40M | 1.90M | 1.80M | 1.80M | 10.80M | 6.00M | 4.80M |
| Cost & Expenses | 772.49M | 894.63M | 729.33M | 606.90M | 692.37M | 644.69M | 705.79M | 640.26M | 483.44M | 387.14M | 427.54M | 494.65M | 581.91M | 827.82M | 976.16M | 1.01B | 630.86M | 351.67M | 270.36M | 210.48M | 131.25M | 132.63M | 110.23M | 120.18M | 153.40M | 177.10M | 157.50M | 116.60M | 72.30M | 63.10M | 77.70M | 76.10M | 66.10M | 97.60M | 107.30M | 111.50M | 107.30M | 94.50M | 83.10M |
| Interest Income | 0.00 | 17.89M | 12.07M | 13.50M | 13.83M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 23.00K | 99.00K | 556.00K | 0.00 | 0.00 | 427.00K | 210.00K | 0.00 | 69.00K | 0.00 | 0.00 | 98.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 31.08M | 17.89M | 12.07M | 13.50M | 13.83M | 8.98M | 9.24M | 9.86M | 9.54M | 3.98M | 5.79M | 7.22M | 3.71M | 279.00K | 436.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 23.42M | 24.60M | 25.60M | 24.14M | 26.93M | 25.22M | 25.88M | 26.05M | 25.54M | 18.77M | 20.02M | 21.16M | 15.10M | 8.94M | 7.62M | 5.44M | 3.46M | 1.88M | 1.42M | 1.32M | 1.18M | 1.41M | 1.37M | 1.56M | 1.90M | 1.90M | 4.10M | 1.50M | 1.30M | 1.10M | 1.30M | 1.40M | 1.40M | 1.90M | 1.80M | 1.80M | 1.30M | 900.00K | 800.00K |
| EBITDA | 111.41M | 78.21M | 21.52M | 78.90M | 87.18M | 77.75M | 80.21M | 77.58M | 76.08M | 55.70M | 64.12M | 73.26M | 51.78M | 47.15M | 46.22M | 36.57M | 25.77M | 13.94M | 11.20M | 6.94M | 4.39M | 4.08M | 2.72M | 3.66M | 5.90M | 5.00M | 2.50M | 5.00M | 4.10M | 3.60M | 3.20M | 3.60M | 3.60M | 3.90M | 4.30M | 5.40M | 5.30M | 7.00M | 5.10M |
| EBITDA Ratio | 12.95% | 8.50% | 6.28% | 11.92% | 11.58% | 11.15% | 10.55% | 11.21% | 14.25% | 13.13% | 13.59% | 13.40% | 8.37% | 5.46% | 4.54% | 2.98% | 3.95% | 3.83% | 4.00% | 3.17% | 3.27% | 2.78% | 2.44% | 2.99% | 4.70% | 2.77% | 1.60% | 4.16% | 5.46% | 5.49% | 4.02% | 4.60% | 8.64% | 3.92% | 3.92% | 4.69% | 4.94% | 7.26% | 6.18% |
| Operating Income | 88.00M | 55.13M | 21.52M | 54.76M | 60.26M | 54.23M | 54.33M | 51.53M | 50.54M | 36.93M | 44.10M | 51.08M | 36.68M | 38.21M | 38.48M | 31.13M | 22.31M | 12.06M | 9.78M | 5.53M | 3.21M | 1.75M | 1.35M | 2.09M | 4.00M | 3.10M | -1.60M | 3.50M | 2.80M | 2.50M | 1.90M | 2.20M | 2.20M | 2.00M | 2.50M | 3.60M | 4.00M | 6.10M | 4.30M |
| Operating Income Ratio | 10.23% | 5.80% | 2.87% | 8.28% | 8.01% | 7.78% | 7.15% | 7.45% | 9.46% | 8.71% | 9.35% | 9.34% | 5.93% | 4.41% | 3.79% | 2.98% | 3.42% | 3.32% | 3.49% | 2.56% | 2.39% | 1.30% | 1.21% | 1.71% | 2.54% | 1.72% | -1.03% | 2.91% | 3.73% | 3.81% | 2.39% | 2.81% | 3.22% | 2.01% | 2.28% | 3.13% | 3.59% | 6.06% | 4.92% |
| Total Other Income/Expenses | -31.08M | -17.89M | -12.07M | -13.50M | -13.83M | -8.98M | -9.24M | -9.86M | -9.54M | -3.98M | -5.79M | -7.22M | -3.71M | -180.00K | 120.00K | 115.00K | 699.00K | 428.00K | 210.00K | 102.00K | 69.00K | -24.00K | -49.00K | 98.00K | -1.60M | -400.00K | -400.00K | -600.00K | -200.00K | 100.00K | 0.00 | -100.00K | -2.60M | 100.00K | 0.00 | 0.00 | -100.00K | -300.00K | -300.00K |
| Income Before Tax | 56.91M | 37.25M | 9.45M | 427.00K | 46.43M | 45.25M | 45.09M | 41.67M | 41.00M | 32.95M | 38.31M | 43.85M | 32.97M | 38.03M | 38.60M | 31.25M | 23.01M | 12.49M | 9.99M | 5.94M | 3.28M | 1.15M | 1.30M | 2.19M | 2.40M | 2.70M | -2.00M | 2.90M | 2.70M | 2.60M | 1.90M | 2.10M | -400.00K | 2.10M | 2.50M | 3.60M | 3.90M | 5.80M | 4.00M |
| Income Before Tax Ratio | 6.61% | 3.92% | 1.26% | 0.06% | 6.17% | 6.49% | 5.93% | 6.02% | 7.68% | 7.77% | 8.12% | 8.02% | 5.33% | 4.39% | 3.80% | 2.99% | 3.52% | 3.43% | 3.57% | 2.75% | 2.44% | 0.85% | 1.16% | 1.79% | 1.52% | 1.50% | -1.28% | 2.41% | 3.60% | 3.96% | 2.39% | 2.68% | -0.59% | 2.11% | 2.28% | 3.13% | 3.50% | 5.77% | 4.58% |
| Income Tax Expense | 13.76M | 9.19M | 1.49M | 5.60M | 9.40M | 10.17M | 5.99M | 14.88M | 16.08M | 12.46M | 14.32M | 16.49M | 12.42M | 14.35M | 14.58M | 12.21M | 8.91M | 4.70M | 3.82M | 2.19M | 1.27M | 493.00K | 441.00K | 806.00K | 900.00K | 1.10M | -600.00K | 1.00M | 1.10M | 1.00M | 700.00K | 800.00K | 200.00K | 200.00K | 400.00K | 800.00K | 1.30M | 2.50M | 1.50M |
| Net Income | 39.13M | 28.06M | 7.97M | -5.17M | 37.02M | 35.08M | 39.10M | 26.79M | 24.92M | 19.37M | 22.85M | 21.29M | 20.55M | 23.69M | 24.02M | 19.04M | 14.10M | 7.79M | 6.17M | 3.44M | 2.01M | 652.00K | 855.00K | 968.00K | 1.50M | 1.60M | -1.40M | 1.70M | 1.60M | 1.60M | 1.50M | 2.10M | -4.70M | 1.90M | 2.10M | 2.80M | 2.60M | 3.30M | 2.50M |
| Net Income Ratio | 4.55% | 2.95% | 1.06% | -0.78% | 4.92% | 5.03% | 5.14% | 3.87% | 4.67% | 4.57% | 4.85% | 3.89% | 3.32% | 2.74% | 2.37% | 1.82% | 2.16% | 2.14% | 2.20% | 1.59% | 1.50% | 0.49% | 0.77% | 0.79% | 0.95% | 0.89% | -0.90% | 1.42% | 2.13% | 2.44% | 1.88% | 2.68% | -6.88% | 1.91% | 1.91% | 2.43% | 2.34% | 3.28% | 2.86% |
| EPS | 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 | 1.88 | 1.43 | 0.82 | 0.67 | 0.39 | 0.23 | 0.08 | 0.10 | 0.12 | 0.18 | 0.19 | -0.16 | 0.20 | 0.19 | 0.18 | 0.17 | 0.14 | -0.28 | 0.11 | 0.12 | 0.16 | 0.14 | 0.18 | 0.14 |
| EPS Diluted | 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 | 1.87 | 1.41 | 0.81 | 0.65 | 0.37 | 0.23 | 0.08 | 0.10 | 0.12 | 0.18 | 0.19 | -0.16 | 0.20 | 0.19 | 0.18 | 0.17 | 0.14 | -0.28 | 0.11 | 0.12 | 0.16 | 0.14 | 0.18 | 0.14 |
| Weighted Avg Shares Out | 14.13M | 12.78M | 12.55M | 11.03M | 10.96M | 10.88M | 10.83M | 10.79M | 10.75M | 10.71M | 10.66M | 10.56M | 10.46M | 10.38M | 10.26M | 10.14M | 9.91M | 9.47M | 9.29M | 8.93M | 8.74M | 8.69M | 8.55M | 8.49M | 8.46M | 8.50M | 8.49M | 8.66M | 8.66M | 8.89M | 9.09M | 17.50M | 16.94M | 17.67M | 17.87M | 18.06M | 17.93M | 18.59M | 18.52M |
| Weighted Avg Shares Out (Dil) | 14.18M | 12.83M | 12.63M | 11.03M | 11.04M | 10.94M | 10.87M | 10.83M | 10.79M | 10.74M | 10.69M | 10.62M | 10.54M | 10.44M | 10.29M | 10.19M | 10.01M | 9.70M | 9.57M | 9.24M | 8.94M | 8.69M | 8.55M | 8.49M | 8.46M | 8.50M | 8.49M | 8.73M | 8.89M | 8.89M | 9.09M | 17.50M | 16.94M | 17.67M | 17.87M | 18.06M | 17.93M | 18.59M | 18.52M |
VSE Corporation Declares Quarterly Cash Dividend
ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aftermarket distribution and repair services, announced that the Company's Board of Directors has declared a regular quarterly cash dividend of $0.10 per share of VSE common...
VSE's (VSEC) Aviation Unit Wins $750M Distribution Contracts
VSE Corporation's (VSEC) Aviation segment wins six new distribution agreements from different manufacturers with a total value of about $750 million.
VSE Aviation Awarded $750 Million in New Distribution Agreements
ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (NASDAQ: VSEC, "VSE", or the "Company"), a leading provider of aftermarket distribution and maintenance, repair and overhaul ("MRO") services for air and land transportation assets for commercial and government markets, announced today that its VSE Aviation...
VSE Corporation (VSEC) Q3 2023 Earnings Call Transcript
VSE Corporation (NASDAQ:VSEC ) Q3 2023 Earnings Conference Call November 2, 2023 8:30 AM ET Company Participants Michael Perlman - VP, IR and Communications John Cuomo - President and CEO Steve Griffin - CFO Conference Call Participants Louie DiPalma -...
VSE Corporation Announces Third Quarter 2023 Results
ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (NASDAQ: VSEC, "VSE", or the "Company"), a leading provider of aftermarket distribution and maintenance, repair and overhaul ("MRO") services for air and land transportation assets for commercial and government markets, announced today results for the third...
5 Construction Stocks Set to Beat Estimates This Earnings Season
VSEC, KBR, ROAD, LPX and DY from the Zacks Construction sector are set to beat analysts' Q3 expectations on the back of higher infrastructural demand and sequentially improving the residential market amid rate-hike woes and higher expenses.
VSE (VSEC) Expected to Beat Earnings Estimates: Should You Buy?
VSE (VSEC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
VSE Corporation Announces Third Quarter 2023 Results Conference Call Date
ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aftermarket distribution and maintenance, repair and overhaul (MRO) services for air and land transportation assets supporting commercial and government markets, announced today that it will issue...
VSE Corporation: Divestitures, Electronic Commerce Could Enhance The Stock Price
VSE Corporation reports growing operating income in the fleet segment, benefiting from increases in electronic commerce. The company may divest certain parts of the business to lower the net debt/EBITDA ratio. VSE Corporation is undervalued, with positive expectations for future...
VSE Corporation (VSEC), BCP Jointly Aborts FDS Divestiture
VSE Corporation (VSEC) and Bernhard Capital Partners mutually agree on terminating the agreement of divesting the VSE Federal and Defense segment.
Source: https://incomestatements.info
Category: Stock Reports