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Wednesday 4 November 2026 Export VSEC’s income statement to Excel — free account

VSE Corporation

VSEC Industrials Aerospace & Defense

VSE Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, up 41.5% from fiscal 2024.

Revenue
+65.0%
EPS
+513.3%
Free cash flow
+217.0%
Total debt
+149.8%

Quarter to June 2026, against a year earlier

164.66 1.70 +1.04%
Market cap
$4.6B
P/E
58.8×
Fwd P/E
36.8×
Dividend yield
0.25%
F-score
7/9
Altman Z
5.07
Beneish M
−1.96
Dividend safety
44/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

VSE Corporation (VSEC) Debt to equity

Alert me on Debt to equity

VSE Corporation's debt to equity at the end of the quarter to 30 June 2026 was 0.3×, up 0.1× from fiscal 2025 (0.2×). Over the past ten years it has ranged from 0.2× (fiscal 2025) to 1.1× (fiscal 2015) — the current reading is the lowest in ten years. That is above the Aerospace & Defense industry median of 0.2× and in line with the Industrials sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.2× (53.25%)
FY2024 0.4× (37.47%)
FY2023 0.7× 9.31%
FY2022 0.6× (6.60%)
FY2021 0.7× (3.24%)
FY2020 0.7× (5.23%)
FY2019 0.7× 36.04%
FY2018 0.5× (17.06%)
FY2017 0.7× (28.92%)
FY2016 0.9× (16.88%)

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.3× 138.40%
Mar 2026 0.1× (33.46%)
Dec 2025 0.2× (43.80%)
Sep 2025 0.4× (6.46%)
42 more quarters

Against its own ten years

Low 0.2× High 1.1×
Ten-year median 0.7×
Current reading's percentile 9

Debt to equity against peers

Company Debt to equity
BETA BETA Technologies, Inc. compare 0.0×
MDA MDA Space Ltd. compare 0.2×
MRCY Mercury Systems Inc compare 0.3×
VSEC VSE Corporation 0.3×
MOG.B Moog Inc. compare 0.4×
AIR AAR Corp. compare 0.5×
DPC DPC Holdings PLC compare 0.7×
PL Planet Labs PBC compare 0.8×
KRMN Karman Holdings Inc. compare 2.0×
Aerospace & Defense industry median 0.2×
Industrials sector median 0.3×
Market median 0.2×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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