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VSE Corporation VSEC Return on invested capital

Return on invested capital at other companies

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10.1%+7.5pp
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14.4%+1.3pp
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8.8%
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AstronicsATRO
18.3%+13.9pp
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FTAI Aviation Ltd.FTAI
17.4%-3.8pp
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WoodwardWWD
19.4%+4.0pp

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 trailing twelve months.

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 return on invested capital?
VSE Corporation (VSEC) reported return on invested capital of 3.6% in Q2 2026.
How has VSE Corporation's return on invested capital changed year-over-year?
VSE Corporation's return on invested capital decreased by 33.7% year-over-year, from 5.4% to 3.6%.
What is the long-term trend for VSE Corporation's return on invested capital?
Over 4 years (2020 to 2025), VSE Corporation's return on invested capital has grown at a 42.2% compound annual growth rate (CAGR), from 1.1% to 4.4%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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