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VSE Corporation VSEC Net debt / EBITDA

Net debt / EBITDA at other companies

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2.4×-3.3×
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1.7×-0.1×
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-0.8×
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3.3×+0.5×
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2.7×-3.6×
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0.7×+0.1×

Other financials

Income statement

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Revenue$449.1M+65.0%
Operating income$49.0M+117%
Net income$28.5M+792%
EPS (diluted)$0.91+469%

Balance sheet

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Cash & equivalents$75.4M+346%
Total debt$1.0B+146%
Total equity$2.9B+199%
Total assets$4.4B+174%

Cash flow

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Operating cash flow-$62.3M-33.5%
CapEx$8.9M+58.7%
Free cash flow-$68.7M-38.8%

Valuation

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Market cap$6.33B+95.9%
Enterprise value$7.28B+100%
P/E84.3×-86.3×
P/S4.7×+1.3×

Profitability

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Gross margin60.6%
Operating margin9.2%0.0pp
Net margin5.5%+3.6pp
FCF margin-9.9%

Returns & leverage

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Return on equity3.8%+1.7pp
Debt / equity0.3×-0.1×
Current ratio3.8×0.0×

Where this comes from

Calculated from VSE Corporation’s reported figures.

Based on the most recent quarter.

The source filing: VSE Corporation’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 4:34 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000102752-26-000064

FAQ

What is VSE Corporation's net debt / EBITDA?
VSE Corporation (VSEC) reported net debt / EBITDA of 5.2× in Q2 2026.
How has VSE Corporation's net debt / EBITDA changed year-over-year?
VSE Corporation's net debt / EBITDA increased by 60.8% year-over-year, from 3.3× to 5.2×.
What is the long-term trend for VSE Corporation's net debt / EBITDA?
Over 4 years (2020 to 2025), VSE Corporation's net debt / EBITDA has grown at a -26.6% compound annual growth rate (CAGR), from 7.3× to 2.1×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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