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VSE Corporation

VSEC

VSE Corp is a leading provider of aftermarket distribution and maintenance, repair, and overhaul (MRO) services for the aviation industry.

Market cap
$5.64B+92.8%
Revenue$1.2B+34.2%
Net income$49.7M+284%
Free cash flow-$108.8M+31.5%
EPS (diluted)$2.03+171%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$425.0M
EPS estimate$0.93

Financials

Q1 2026

Income statement

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Revenue$324.6M+26.8%
Operating income$32.7M+33.6%
Net income$29.1M+424%
EPS (diluted)$1.04+336%

Balance sheet

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Cash & equivalents$1.2B+11,695%
Total debt$402.5M-20.2%
Total equity$2.7B+173%
Total assets$3.3B+91.0%

Cash flow

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Operating cash flow-$62.3M-33.5%
CapEx$6.5M+125%
Free cash flow-$68.7M-38.8%

Valuation & ratios

Valuation

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Market cap$5.64B+92.8%
Enterprise value$4.8B+46.8%
P/E113.4×-38.1×
P/S4.8×+1.8×

Profitability

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Operating margin8.3%+0.6pp
Net margin4.2%+2.7pp

Returns & leverage

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Return on equity2.7%+1.1pp
Debt / equity0.2×-0.4×
Current ratio8.8×+4.9×

Segments

By product

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Services$122.2M+28.0%

Competitors

Profile

VSE Corp is a leading provider of aftermarket distribution and maintenance, repair, and overhaul (MRO) services for the aviation industry. The company focuses on extending the life and enhancing the productivity of high-value air transportation assets for both commercial and government markets. Its core value proposition centers on supply chain management and technical repair services that ensure the operational readiness of aircraft fleets.

Competitive position

VSE Corp is a leading aftermarket specialist that competes on the basis of product availability, technical qualifications, and repair turnaround time.

GeographiesUnited States, Global
Customer segmentsCommercial Aviation, Business and General Aviation (B&GA), Government and Defense
Business modelMaintenance, Repair, and Overhaul (MRO), Value-added Distribution, Supply Chain Services
SuppliersAviation Component Manufacturers, Original Equipment Manufacturers (OEMs), Parts Suppliers
CustomersCommercial Airline Fleets, Cargo Carriers, Private Aircraft Operators, Government Defense Agencies
Listed1982
Employees1.2K
CEOJohn A. Cuomo
FilingsSEC EDGAR

Questions, answered.

What is VSE Corporation's market cap?
VSE Corporation (VSEC) has a market capitalization of $5.6B and trades on NASDAQ.
What is VSE Corporation's revenue and profitability?
VSE Corporation generated $1.2B in trailing twelve-month revenue with net income of $49.7M, representing a net margin of 4.2%. Gross margin stands at 60.6%, with free cash flow of -$108.8M. These figures are based on the Q1 2026 filing.
Who are VSE Corporation's competitors?
VSE Corporation's key competitors include AAR Corp., StandardAero, HEICO Corporation, and others. These companies compete in similar markets and product categories.
Who does VSE Corporation partner with?
VSE Corporation's notable partners include GenNx360 Capital Partners.
What subsidiaries does VSE Corporation have?
VSE Corporation's subsidiaries include Precision Aviation Group.
Where is VSE Corporation headquartered?
VSE Corporation is headquartered in United States of America and employs approximately 1,200 people. It has been publicly traded since 1982.