See more : Shagrir Group Vehicle Services Ltd (SRRPF) 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 Announces Mutual Agreement to Terminate the Sale of the VSE Federal and Defense Segment to Bernhard Capital Partners
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, land and sea transportation assets for commercial and government markets, announced today that it has...
VSE Corporation Announces 2023 Investor Day Event in New York City
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, announced today that it will host its 2023 investor conference at...
VSE Corporation Announces September 2023 Investor Conference Schedule
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 VSE Corporation's senior...
VSE Corporation Announces August 2023 Investor Conference Schedule
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 VSE Corporation's senior...
VSE Corporation (VSEC) Q2 2023 Earnings Call Transcript
VSE Corporation (NASDAQ:VSEC ) Q2 2023 Earnings Conference Call July 27, 2023 8:30 AM ET Company Participants Michael Perlman - Vice President, Investor Relations and Communications John Cuomo - President and Chief Executive Officer Steve Griffin - Chief Financial Officer...
7 Small-Cap Stocks to Buy Before the Breakout
When dealing with the best small-cap stocks to buy, investors effectively absorb higher risk for the possibility of substantive rewards. Even better, these rewards can come in quickly, enabling those seeking a boost in their portfolio to make up for...
VSE (VSEC) Surpasses Q2 Earnings and Revenue Estimates
VSE (VSEC) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.75 per share a year ago.
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 maintenance, repair and overhaul (MRO) services for air and land transportation assets supporting commercial and government markets, announced that the Company's Board of...
VSE Corporation Announces Second 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, land and sea transportation assets for commercial and government markets, announced today results for the...
Wall Street Analysts Think VSE (VSEC) Could Surge 25.07%: Read This Before Placing a Bet
The consensus price target hints at a 25.1% upside potential for VSE (VSEC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside...
Source: https://incomestatements.info
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