Skip to main content
    V

    VSE Corporation (VSEC)

    Official site

    INDUSTRIALS • AEROSPACE & DEFENSE • NASDAQ

    $161.55
    +2.90 (+1.83%)

    Market Cap: $4.60B

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    90%(26/29)
    Avg Surprise
    +84.98%
    Streak
    5 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$1.74
    Range$1.64 - $1.82
    9 analysts
    EPS Revisions
    3
    0
    7d
    3
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$1.12+56.0%
    60d ago$1.75-0.7%
    30d ago$1.74+0.0%
    7d ago$1.74-0.1%
    Current$1.74
    Revenue Consensus
    $512M
    Range$503M - $520M
    10 analysts
    Period ending Dec 31, 2026
    EPS Consensus$3.23
    Range$2.88 - $3.62
    10 analysts
    Revenue Consensus
    $568M
    Range$545M - $581M
    11 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$3.23---
    Sep 26EST
    -$1.74---
    Jun 26
    Reported Aug 5
    $1.75$0.93+88.17%Beat+80.4%
    Mar 26
    Reported May 5
    $1.17$0.89+31.46%Beat+50.0%
    Dec 25
    Reported Feb 25
    $1.16$0.89+29.68%Beat+28.9%
    Sep 25
    Reported Oct 27
    $0.99$0.84+17.86%Beat+39.4%
    Jun 25
    Reported Jul 30
    $0.97$0.70+38.57%Beat+51.6%
    Mar 25
    Reported May 6
    $0.78$0.90-13.09%Miss-10.3%
    Dec 24
    Reported Feb 26
    $0.90$0.72+25.00%Beat+5.9%
    Sep 24
    Reported Nov 6
    $0.71$0.60+18.33%Beat-22.8%
    Jun 24
    Reported Jul 31
    $0.64$0.64+0.00%Beat-22.0%
    Mar 24
    Reported May 8
    $0.87$0.72+20.83%Beat+4.8%
    Dec 23
    Reported Mar 6
    $0.85$0.75+13.33%Beat+25.0%
    Sep 23
    Reported Nov 1
    $0.92$0.76+21.05%Beat+21.1%
    Jun 23
    Reported Jul 26
    $0.82$0.78+5.13%Beat+9.3%
    Mar 23
    Reported May 1
    $0.83$0.63+31.75%Beat+15.3%
    Dec 22
    Reported Mar 8
    $0.68$0.75-9.33%Miss+28.3%
    Sep 22
    Reported Oct 26
    $0.76$0.70+8.57%Beat+0.0%
    Jun 22
    Reported Jul 27
    $0.75$0.60+25.00%Beat+25.0%
    Mar 22
    Reported Apr 27
    $0.72$0.54+33.33%Beat+63.6%
    Dec 21
    Reported Mar 9
    $0.53$0.76-30.26%Miss+1.9%
    Sep 21
    Reported Oct 27
    $0.76$0.73+4.11%Beat+22.6%
    Jun 21
    Reported Jul 28
    $0.60$0.55+9.09%Beat+0.0%
    Mar 21
    Reported Apr 28
    $0.44$0.35+25.71%Beat+46.7%
    Dec 20
    Reported Mar 4
    $0.52$0.52+0.00%Beat-42.2%
    Sep 20
    Reported Oct 28
    $0.62$0.60+3.33%Beat-34.7%
    Jun 20
    Reported Jul 29
    $0.60$0.05+1100.00%Beat-32.6%
    Mar 20
    Reported Apr 30
    $0.30$0.30+0.00%Beat-50.0%
    Dec 19
    Reported Feb 27
    $0.90$0.24+275.00%Beat+16.9%
    Sep 19
    Reported Oct 29
    $0.95$0.12+691.67%Beat+3.3%
    Jun 19
    Reported Jul 30
    $0.89$0.89+0.00%Beat+11.2%
    Mar 19
    Reported May 2
    $0.60N/AN/ABeat-7.7%
    Dec 18
    Reported Feb 28
    $0.77N/AN/ABeat+24.2%
    Sep 18
    Reported Oct 30
    $0.92N/AN/ABeat+50.8%
    Jun 18
    Reported Jul 26
    $0.80N/AN/ABeat+11.1%
    Mar 18
    Reported Apr 30
    $0.65N/AN/ABeat-3.0%
    Dec 17
    Reported Mar 1
    $0.62N/AN/ABeat-6.3%
    Sep 17
    Reported Oct 26
    $0.61N/AN/ABeat-
    Jun 17
    Reported Jul 27
    $0.72N/AN/ABeat-
    Mar 17
    Reported Apr 27
    $0.67N/AN/ABeat-
    Dec 16
    Reported Feb 27
    $0.66N/AN/ABeat-

    Dividends

    Dividend Metrics

    Forward Yield0.25%
    Forward Annual Dividend$0.40
    Payout Ratio45.80%
    FrequencyQuarterly
    Pay MonthsJan, Apr, Jul, Oct

    Growth

    3Y CAGR+0.00%
    5Y CAGR+2.13%

    Key Metrics

    Valuation
    P/E Ratio31.86EV/EBITDA32.25x
    Price/FCF-4463.08xFCF Yield-0.02%
    Profitability
    Profit Margin5.53%Operating Margin12.70%
    ROE4.27%ROIC2.41%
    Financial Health
    Debt/Equity0.33xInterest Coverage4.36x
    Current Ratio3.77xQuick Ratio1.30x
    Trading Statistics
    Beta1.27Avg Volume498.76K
    52-Week High$247.6952-Week Low$152.34

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$166.58
    SMA 20$170.78
    SMA 50$196.07
    SMA 200$198.13
    EMA 10$166.19
    EMA 20$172.07
    EMA 50$185.59
    EMA 200$189.92

    MACD

    Line: -8.36Signal: -8.77Hist: 0.41

    ADX

    ADX: 30.6+DI: 12.1-DI: 29.7

    Aroon & PSAR

    Aroon Up4.0
    Aroon Down100.0
    PSAR$174.52

    Bollinger Bands

    Upper Band$185.39
    Lower Band$156.17
    %B Position1711%(Upper)
    Band Width0.18

    RSI (14-Day)

    Neutral
    36.5

    Momentum Oscillators

    Stoch %K20.3
    Stoch %D26.1
    Williams %R-66.7
    ROC (10d)0.5%
    Momentum0.79
    CCI (20d)-132.1
    MFI (14d)26.0

    Volatility Measures

    ATR (14d)$9.16(5.7%)
    StdDev (20d)7.31
    Hist Vol38.0%(Moderate)

    Volume Flow

    VWAP$159.17
    OBV-6.1M
    AD Line-7.4M
    CMF (20d)0.061

    Volume Metrics

    Avg Vol (20d)490.0K
    Vol Ratio2.0x(High)
    VWMA (20d)$169.49

    Pivot Points

    R3$177.62
    R2$172.94
    R1$165.80
    Pivot Point$161.12
    S1$153.97
    S2$149.29
    S3$142.15

    Advanced Oscillators

    TSI-26.85
    Ultimate Osc47.3
    KST-156.30

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$449.14M$324.58M$301.18M$282.91M$272.14M$256.05M$227.40M$203.64M$192.83M$162.38M$-81,143,000$231.35M
    Cost of Revenue$372.70M$276.58M$254.26M$242.17M$234.62M$223.10M$197.41M$176.90M$169.26M$140.47M$-70,611,000$200.33M
    Gross Profit$76.44M$48.00M$46.92M$40.74M$37.52M$32.95M$29.99M$26.74M$23.57M$21.92M$-10,532,000$31.02M
    Operating Expenses$27.48M$15.25M$14.43M$30.65M$15.00M$8.45M$9.55M$6.67M$20.97M$6.28M$2.00M$5.76M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$9.03M$6.20M$1.85M$667,000$2.62M$2.31M$4.38M$2.54M$3.78M$2.92M$1.00M$2.56M
    Operating Income$48.96M$32.75M$32.49M$10.09M$22.51M$24.50M$20.44M$20.07M$2.60M$15.64M$-12,534,000$25.26M
    Interest Income$0$1.40M$0$0$0$-7,939,000$0$0$0$-9,190,000$0$-8,459,000
    Interest Expense$9.70M$0$1.83M$4.34M$6.45M$7.94M$6.94M$8.99M$9.83M$9.19M$9.28M$8.46M
    Income Before Tax$39.26M$34.15M$30.66M$5.75M$16.07M$16.57M$13.49M$11.09M$-7,224,000$6.45M$-21,814,000$16.80M
    Income Tax Expense$10.73M$5.09M$8.36M$2.16M$2.43M$2.60M$3.09M$2.34M$-1,936,000$911,000$-6,059,000$4.69M
    Net Income$28.52M$29.05M$13.57M$3.91M$3.20M$-8,973,000$13.06M$11.65M$-2,777,000$-6,611,000$11.61M$9.56M
    EBITDA$73.76M$45.94M$42.88M$20.48M$32.88M$34.74M$29.12M$27.95M$9.86M$21.92M$-6,063,000$31.32M
    EBIT$48.96M$32.75M$32.49M$10.09M$22.51M$24.50M$20.44M$20.07M$2.60M$15.64M$-12,534,000$25.26M
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    No research available

    Be the first to write about VSEC

    Government Contracts

    Gov Obligations (TTM)
    $35.48M
    Gov Obligations / Revenue
    3.0%
    Obligations YoY
    260.0%
    Active Awards
    96
    New Awards (TTM)
    43
    Avg Remaining Term
    10.1 mo

    Top agency: Department of Defense at 68.4% of trailing twelve month obligations across 4 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    15JPSS26F00000252Department of JusticeOffices, Boards and Divisions$5.00MDec 11, 2025
    FA860926FB025Department of DefenseDepartment of the Air Force$3.16MMar 17, 2026
    SPRPA125PEK46Department of DefenseDefense Logistics Agency$448500Aug 28, 2025
    SPE7LX25F03XGDepartment of DefenseDefense Logistics Agency$398295Sep 9, 2025
    SPE7LX26F5936Department of DefenseDefense Logistics Agency$312551Nov 14, 2025
    SPE7L126F4252Department of DefenseDefense Logistics Agency$227070Feb 26, 2026
    SPE7L126F6653Department of DefenseDefense Logistics Agency$218212Apr 22, 2026
    FA860926FB009Department of DefenseDepartment of the Air Force$210063Nov 21, 2025
    FA812126F0011Department of DefenseDepartment of the Air Force$148200Nov 18, 2025
    SPE7LX25F02ZHDepartment of DefenseDefense Logistics Agency$145017Sep 5, 2025

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    VSEC Valuation and Fair Value

    P/E
    31.9x
    Forward P/E
    22.5x
    EV/EBITDA
    32.3x
    P/FCF
    -4463.1x
    PEG
    3.0x
    P/B
    1.7x
    See GNG's fair value

    VSEC Profitability: Margins, ROIC and FCF

    Gross margin
    15.6%
    Operating margin
    12.7%
    Net margin
    5.5%
    ROIC
    2.4%
    ROE
    4.3%
    FCF margin
    -0.1%
    FCF yield
    -0.0%

    VSEC Analyst Ratings

    Consensus
    Buy
    Analysts
    11
    Strong Buy
    1
    Buy
    8
    Hold
    2
    Sell
    0
    Strong Sell
    0

    VSEC Bull Case vs Bear Case

    Bull case

    • VSEC beat EPS estimates in 87.5% of its last 8 reported quarters.
    • VSEC grew quarterly revenue 65.0% year over year.
    • 81.8% of VSEC's analyst ratings are Buy or Strong Buy.

    VSEC Earnings: Beat Rate and Next Report

    Beat rate
    7 of 8 quarters (87.5%)
    Average surprise
    29.5%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $1.74
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    3 up, 1 down

    VSEC Dividend

    Forward yield
    0.2%
    Payout ratio
    45.8%
    3Y DPS growth
    0.0%
    5Y DPS growth
    2.1%
    Pay months
    Jan, Apr, Jul, Oct
    VSEC dividend history

    Frequently Asked Questions About VSEC

    What is VSEC's current dividend yield?

    VSE Corporation (VSEC) has a forward dividend yield of 0.25%.

    Does VSEC pay dividends?

    Yes, VSE Corporation pays dividends with a forward dividend yield of 0.25%.

    What is VSEC's P/E ratio?

    VSE Corporation has a price-to-earnings (P/E) ratio of 31.86.

    What is VSEC's market cap?

    VSE Corporation (VSEC) has a market capitalization of $4.60B with a current stock price of $161.55.

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.