VSE Corporation (VSEC) AI Stock Analysis

VSE Corporation provides aftermarket products and services across three distinct segments: Aviation, Fleet, and Federal and Defense. The Aviation segment delivers international parts distribution, supply chain solutions, and maintenance, repair, and overhaul (MRO) services for components and engine accessories to commercial airlines, cargo transporters, and private aircraft owners. The Fleet segment provides parts supply, inventory management, e-commerce fulfillment, and logistics services for commercial, federal, and truck fleet customers. The Federal and Defense segment provides refurbishment, sustainment, engineering, logistics, and maintenance services to extend the life cycle of military vehicles, ships, and aircraft for the United States Department of Defense.

VSE Corporation increased annual revenue from $750.9M in FY2021 to $1.11B in FY2025, recording a five-year revenue CAGR of 10.9%. After declining 10.8% in FY2022, revenue rose 28.5% in FY2023, 25.5% in FY2024, and 3.0% in FY2025. Operating margin expanded from 2.9% in FY2021 to 11.2% in FY2025, while net income grew from $8.0M to $53.5M over the same period. For the trailing twelve months, revenue reached $1.36B with an operating margin of 12.7% and a profit margin of 5.5%. In the latest quarter ended June 30, 2026, quarterly revenue grew 65.0% year-over-year, and quarterly earnings grew 488.4%.

As of June 30, 2026, VSE Corporation held $75.4M in cash and short-term investments alongside total debt of $1.03B, resulting in net debt of $950.2M. The company maintains a current ratio of 3.77 and a debt-to-equity ratio of 0.35 against shareholders' equity of $2.93B. In FY2025, operating cash flow turned positive to $27.0M, supporting free cash flow of $5.7M. Capital expenditures absorbed $21.3M during FY2025, while dividends paid totaled $8.3M. The company's share count increased 145.7% over five years.

VSE Corporation trades at a trailing P/E of 52.4x and a forward P/E of 22.5x, both above the median of its US-listed Industrials peers of 24.8x and 17.2x, respectively. Its enterprise value stands at $5.96B with an EV to EBITDA ratio of 33.7x, compared to the peer median of 13.9x, and a price-to-sales ratio of 3.4x versus 1.5x for peers. Over the past year, the stock returned 5.2%, trailing the S&P 500 return of 16.8%. Over five years, however, VSEC gained 252.5% versus 83.0% for the S&P 500.

VSE Corporation pays an annual forward dividend of $0.40 per share, delivering a dividend yield of 0.24% with a payout ratio of 7.9%. Dividends are distributed quarterly and have been paid for 42 consecutive years, registering a five-year annualized dividend growth rate of 2.1%. The last ex-dividend date was October 15, 2026.

Wall Street coverage on VSE Corporation consists of 8 Strong Buy, 1 Buy, and 2 Hold ratings, with no Sell or Strong Sell recommendations. The consensus mean price target is $257.11, representing a 56.7% upside relative to the last close of $164.08. Analysts estimate FY2026 revenue of $1.81B and EPS of $6.79, reflecting 73.3% earnings growth. For FY2027, 10 analysts project revenue of $2.20B and EPS of $8.28. The company has beat EPS estimates in each of the last 4 quarters, with next earnings scheduled for November 4, 2026.

This page is an AI-written research summary of VSE Corporation (VSEC). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: VSEC income statement, VSEC balance sheet, VSEC key metrics, VSEC analyst forecast, VSEC chart. See the VSEC stock overview for the latest quote and news.