See more : Shaanxi Fenghuo Electronics Co., Ltd. (000561.SZ) 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 (VSEC) Surpasses Q1 Earnings and Revenue Estimates
Bernhard Capital Partners Forms Government Services Platform with Agreement to Acquire VSE Federal & Defense Business
VSE Corporation Announces First Quarter 2023 Results
VSE Corporation Announces First Quarter 2023 Results
VSE Corporation Announces Strategic Repositioning of Business and Sale of Federal and Defense Segment to Bernhard Capital Partners
VSE Corporation Announces Strategic Repositioning of Business and Sale of Federal and Defense Segment to Bernhard Capital Partners
VSE Corporation Announces First Quarter 2023 Results Conference Call Date
VSE Corporation Announces First Quarter 2023 Results Conference Call Date
VSE Corporation Announces Michael Perlman as New Vice President of Investor Relations and Communications
VSE Corporation Announces Michael Perlman as New Vice President of Investor Relations and Communications
Source: https://incomestatements.info
Category: Stock Reports