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
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VSE Corporation (VSEC) Shares outstanding
VSE Corporation's shares outstanding at the end of fiscal 2025 was $21.2M, up 18.2% from $18.0M in fiscal 2024. At the end of the quarter to 30 June 2026 it was $31.4M. Over the past ten years it has ranged from $10.8M (fiscal 2015) to $21.2M (fiscal 2025) — the current reading is the highest in ten years. VSE Corporation ranks 70th of 91 Aerospace & Defense companies by shares outstanding.
Shares outstanding, annual
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Annual newest first
| Period | Shares outstanding | Change |
|---|---|---|
| FY2025 | $21.2M | 18.16% |
| FY2024 | $18.0M | 26.72% |
| FY2023 | $14.2M | 10.58% |
| FY2022 | $12.8M | 1.54% |
| FY2021 | $12.6M | 14.49% |
| FY2020 | $11.0M | (0.10%) |
| FY2019 | $11.0M | 1.00% |
| FY2018 | $10.9M | 0.63% |
| FY2017 | $10.9M | 0.37% |
| FY2016 | $10.8M | 0.38% |
Quarterly newest first
| Period | Shares outstanding | Change |
|---|---|---|
| Jun 2026 | $31.4M | 12.76% |
| Mar 2026 | $27.8M | 31.05% |
| Dec 2025 | $21.2M | 2.32% |
| Sep 2025 | $20.8M | 0.13% |
| 42 more quarters | Free account |
Against its own ten years
Shares outstanding against peers
| Company | Shares outstanding |
|---|---|
| PL Planet Labs PBC compare | $359.6M |
| BETA BETA Technologies, Inc. compare | $234.3M |
| MDA MDA Space Ltd. compare | $142.5M |
| KRMN Karman Holdings Inc. compare | $132.5M |
| DPC DPC Holdings PLC compare | $114.5M |
| MRCY Mercury Systems Inc compare | $59.5M |
| AIR AAR Corp. compare | $39.9M |
| MOG.B Moog Inc. compare | $32.1M |
| VSEC VSE Corporation | $31.4M |
What Shares outstanding is
Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.
Reported line item
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement