VSE Corporation

VSE is a broadly diversified company focused on creating, sustaining, and improving the systems, equipment, and processes of our customers through core competencies in supply chain management, legacy systems sustainment, maintenance, repair, and overhaul (MRO), obsolescence management, prototyping, reverse engineering, technology insertion, foreign military sales, management consulting, and process improvement. VSE’s strength lies in the talented professionals who support our customers in maintaining and modernizing products, equipment, and systems. Our nationwide network of local offices provides access to a spectrum of corporate resources and services in diversified engineering, logistics, management, and information technology disciplines. We combine their individual skills, experience, and motivation with corporate resources, technology, teamwork, and the management principles of integrity, honesty, and self-governance to deliver high quality, cost-effective solutions to a global customer base. VSE is a publicly traded (NASDAQ: VSEC), ISO 9001:2008-registered supply chain management and professional services company. VSE has provided more than $2 billion in diversified engineering and technical support services to the U.S. Government. VSE's subsidiary, Wheeler Bros., Inc. received its seventh U.S. Postal Service Supplier Performance Award in 2014. VSE has been ranked among the top 100 defense contractors, top 10 foreign military sales contractors, and top 50 Navy contractors in the nation.
Company Growth (employees)
Alexandria, US
Size (employees)
2,523 (est)
VSE Corporation was founded in 1959 and is headquartered in Alexandria, US

VSE Corporation Office Locations

VSE Corporation has offices in Alexandria, Mesa, Texarkana, Wynne and in 6 other locations
Alexandria, US (HQ)
6348 Walker Ln
Budenheim, DE
16 Hechtenkaute
College Park, US
120 2314 Sullivan Rd
Miami, US
12840 SW 84th Avenue Rd
Maitland, US
151 901 N Lake Destiny Rd
Chula Vista, US
a 1065 Bay Blvd

VSE Corporation Data and Metrics

VSE Corporation Financial Metrics

VSE Corporation's revenue was reported to be $691.8 m in FY, 2016 which is a 30% increase from the previous period.

Revenue (FY, 2016)

691.8 m

Revenue growth (FY, 2015 - FY, 2016), %


Net income (FY, 2016)

26.8 m

EBIT (FY, 2016)

51.5 m

Market capitalization (18-Aug-2017)

534.3 m

Cash (31-Dec-2016)

428 k


554.9 m
VSE Corporation's current market capitalization is $534.3 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016


471.6 m424.1 m534 m691.8 m

Revenue growth, %


General and administrative expense

6.6 m

Operating expense total

640.3 m


44.1 m36.9 m50.5 m51.5 m

EBIT margin, %


Interest expense

5.8 m4 m9.5 m9.9 m

Interest income

5.8 m4 m9.5 m9.9 m

Pre tax profit

38.3 m32.9 m41 m41.7 m

Income tax expense

14.3 m12.5 m16.1 m14.9 m

Net Income

22.9 m19.4 m24.9 m26.8 m
USDQ2, 2014Q3, 2014

Net Income

11.3 m15.2 m
USDFY, 2013FY, 2014FY, 2015FY, 2016


220 k263 k740 k428 k


39.3 m49.4 m109.1 m136.3 m

Current Assets

129.4 m122.4 m201.4 m258.5 m


57.7 m52.9 m64.3 m62.1 m


92.1 m92.1 m198.5 m198.6 m

Total Assets

380.5 m355.3 m622.1 m661.8 m

Accounts Payable

31.8 m29.4 m40.1 m94 m

Dividends Payable

480 k536 k591 k648 k

Total Debt

21 m

Current Liabilities

81.7 m87.5 m97 m148.4 m

Total Liabilities

406.6 m

Additional Paid-in Capital

19.1 m20.3 m21.6 m22.9 m

Retained Earnings

167.6 m184.9 m207.5 m231.7 m

Total Equity

186.8 m205.5 m229.3 m255.2 m

Debt to Equity Ratio

0.1 x

Debt to Assets Ratio

0 x

Financial Leverage

2 x1.7 x2.7 x2.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

22.9 m19.4 m24.9 m26.8 m

Depreciation and Amortization

20 m18.8 m25.5 m16.1 m


2.2 m(10 m)(10 m)(27.2 m)

Cash From Operating Activities

56.6 m49.7 m37.6 m47.2 m

Purchases of PP&E

(4.4 m)(3.4 m)(10.6 m)(6.5 m)

Cash From Investing Activities

(4.4 m)(3.4 m)(205.2 m)(6.5 m)

Dividends Paid

(1.8 m)(2 m)(2.3 m)(2.5 m)

Cash From Financing Activities

(53.5 m)(46.3 m)168.1 m(41 m)

Interest Paid

4.2 m2.1 m6.6 m8.2 m

Income Taxes Paid

15.6 m9.9 m15.9 m18.9 m
USDQ2, 2014Q3, 2014

Net Income

11.3 m15.2 m

Depreciation and Amortization

9.6 m14.3 m


(4.8 m)(7.7 m)

Cash From Operating Activities

25.9 m39.7 m

Purchases of PP&E

(1.8 m)(2.7 m)

Cash From Investing Activities

(1.8 m)(2.7 m)

Dividends Paid

(963 k)(1.5 m)

Cash From Financing Activities

(24 m)(36.9 m)
Y, 2016


10.8 x


11.8 x


0.1 x

Financial Leverage

2.6 x

VSE Corporation Market Value History

Traffic Overview of VSE Corporation

VSE Corporation Online and Social Media Presence

VSE Corporation Company Life and Culture

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