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VSE Corporation VSEC Interest coverage

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4.2×+3.1×
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3.4×+1.6×
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1.2×-0.9×

Other financials

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

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Market cap$6.15B+109%
Enterprise value$5.31B+45.8%
P/E123.7×-104×
P/S5.2×+1.9×

Profitability

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Gross margin60.6%
Operating margin8.3%+0.6pp
Net margin4.2%+2.7pp
FCF margin-9.9%

Returns & leverage

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

Where this comes from

Calculated from VSE Corporation’s reported figures.

Based on trailing twelve months.

The official record: VSE Corporation’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is VSE Corporation's interest coverage?
VSE Corporation (VSEC) reported interest coverage of 7× in Q1 2026.
How has VSE Corporation's interest coverage changed year-over-year?
VSE Corporation's interest coverage increased by 83.9% year-over-year, from 3.8× to 7×.
What is the long-term trend for VSE Corporation's interest coverage?
Over 2 years (2020 to 2025), VSE Corporation's interest coverage has grown at a 337.8% compound annual growth rate (CAGR), from 1× to 19.2×.
What does interest coverage mean?
Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.