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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) P/B ratio

Alert me on P/B ratio

As of 3 November 2026, VSE Corporation (VSEC) trades at a P/B ratio of 1.7×. Over the past ten years it has ranged from 0.4× (March 2020) to 3.8× (October 2025); the current reading is higher than 63% of that period. That is below the Aerospace & Defense industry median of 3.0× and below the Industrials sector median of 2.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 2.5× 47.52%
FY2024 1.7× 18.55%
FY2023 1.5× 9.56%
FY2022 1.3× (27.71%)
FY2021 1.8× 53.76%
FY2020 1.2× 3.82%
FY2019 1.1× 15.89%
FY2018 1.0× (45.74%)
FY2017 1.8× 8.44%
FY2016 1.7× 15.53%

Quarterly newest first

Period P/B ratio Change
Jun 2026 2.4× 26.74%
Mar 2026 1.9× (25.08%)
Dec 2025 2.5× (27.40%)
Sep 2025 3.5× 26.50%
42 more quarters

Against its own ten years

Low 0.4× High 3.8×
Ten-year median 1.5×
Current reading's percentile 62

P/B ratio against peers

Company P/B ratio
VSEC VSE Corporation 1.7×
AIR AAR Corp. compare 2.5×
MDA MDA Space Ltd. compare 2.8×
MRCY Mercury Systems Inc compare 3.2×
BETA BETA Technologies, Inc. compare 3.4×
DPC DPC Holdings PLC compare 4.7×
MOG.B Moog Inc. compare 5.0×
PL Planet Labs PBC compare 8.6×
KRMN Karman Holdings Inc. compare 12.4×
Aerospace & Defense industry median 3.0×
Industrials sector median 2.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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