# VSE share price today (VSE Corporation, VSEC)

> VSE Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. VSEC · Industrials · Aerospace & Defense · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/vsec

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## Key numbers

- Price: $162.96 (−9.8% in a year)
- P/E: 55.8× (lower than 61% of the last 4.6 years)
- Revenue (Jun 2026): $449 M (+65.0% on a year ago)
- Profit (Jun 2026): $28.5 M (+792.2% on a year ago)
- Operating margin: 12.7% (+1.9 points on a year ago)
- ROE: 1%, FY25
- ROIC: 4.4%, against a 9.5% cost of capital: −5.1 points
- Profit that came in as cash: −39%, last 3 years

The main question: profits are rising, but only −39% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the VSE share price today? VSE Corporation's share price was $162.96 at the close on 3 November 2026. It has been moving sideways for 9 weeks. That is 16.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between $142 and $242, and at that close it sat 21% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 9 weeks running. Over the last 10 years the share price moved +379% while the S&P 500 moved +255%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 4 September 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does VSE pay? VSE Corporation paid $0.40 per share over the last four reported quarters. The most recent declaration was $0.10 for Jun 2026. At today's price of $162.96 that is a yield of 0.25%, based on dividends already paid, not a forecast. ## Which stock lists is VSE on? VSE is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is VSE profitable? VSE Corporation earned $28.5 M of net profit in the Jun 2026 quarter, +792.2% on the same quarter a year earlier. Full-year FY25 profit was $11.7 M. Over 4 years profit has grown 10.1% a year on average. That is 6.4% of the quarter's revenue. The same quarter a year earlier earned $3.2 M. 3 of the last 10 reported quarters were loss-making. For the full year, FY25 profit was $11.7 M (−23.6% on the year before). Why profit moved: revenue changed +65.0% on a year earlier and the margin moved +1.9 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +243.2% and revenue +40.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does VSE make, and is it growing? VSE Corporation reported $449 M of revenue in the Jun 2026 quarter, +65.0% on the same quarter a year earlier. That is the 6th quarter in a row with growth on the year before. Over 4 years it has grown 23.3% a year on average. The last full year, FY25, came in at $1.1 B. The last four reported quarters add to $1.4 B. The quarterly figures for FY23 do not add up to the full-year total on file, so those quarters are left out of the charts and sums. FY25 revenue was $1.1 B, +41.5% on the year before. Recent pace: the last four quarters grew +40.8% on average, against 23.3% a year over the longer run, so this year is growing faster than its own long-run rate. ## How much of every $100 of sales does VSE keep? VSE Corporation's operating margin was 12.7% in the Jun 2026 quarter, 1.9 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between −0.5% and 11.2%. The latest quarter is above every full year in that period. Across 5 years it has been between −0.5% and 11.2%, and FY25's 11.2% is the highest of them. Why the margin moved: operating margin changed +1.9 percentage points on the year while gross margin changed +3.2 points. So the gain came mostly from the gross margin, which means input costs and prices charged. As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead. ## Is VSE's profit turning into cash? Over the last 3 years VSE Corporation's operations used more cash than they brought in, so cash conversion was −39%, a gap worth watching. In FY25 it brought in $27.0 M of operating cash against $11.7 M of profit. After $21.3 M of spending on assets, $5.7 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does VSE's cash go? VSE Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $60.7 M on assets over the last 3 years. Averaged over those years that is 1.8% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $60.7 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is VSE's P/E ratio, and how does it compare with its own history? VSE Corporation's P/E is 55.8×, in the middle of its own history: higher than 39% of past readings. Its usual P/E (the middle reading) is 75.8×, over 4.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks. Why the multiple is where it is: over the past year earnings per share moved −35.3% while the price moved −9.8%. The price did better than earnings, which pushed the multiple up within its own range. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the VSE business getting better or worse? VSE Corporation's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 6 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does VSE earn on its capital? VSE Corporation earned a ROE of 1% in FY25. Its return on capital used (ROIC) is 5.1 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 1.1% net margin and 0.55× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 1.1% net margin × 0.55× asset turnover × 1.41× leverage (assets divided by equity) ≈ 0.9% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 4.4% − 9.5% = −5.1 percentage points. The 9.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 4.4% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 6.2%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does VSE have too much debt? VSE Corporation has total debt of $1.0 B against shareholder equity of $2.9 B as of Jun 2026, so its debt is 0.35× its equity. Year by year, that ratio went from 0.76 in FY21 to 0.24 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the VSE shareholding pattern? 14.6% of VSE Corporation's tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 5.9 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is VSE from balance-sheet trouble? For VSE Corporation, the Z-score is 2.73. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 2.73 is in the grey area, neither clearly safe nor clearly in trouble. ## How does VSE rank in its industry? There is no score against its industry: VSE Corporation is not among the largest members shown in this industry comparison for Aerospace & Defense. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is VSE compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to VSE in size? VSE is the 31st largest of 61 Aerospace & Defense companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Hexcel Corporation, BETA Technologies, Inc. and Karman Holdings Inc. Just below it: Planet Labs PBC, Mercury Systems, Inc. and MDA Space. ### Aerospace & Defense companies close in size

1. [Hexcel Corporation](https://www.sectoralpha.in/us/stocks/hxl) $6.2 billion
2. [BETA Technologies, Inc.](https://www.sectoralpha.in/us/stocks/beta) $5.5 billion
3. [Karman Holdings Inc.](https://www.sectoralpha.in/us/stocks/krmn) $5.2 billion
4. VSE Corporation $5.1 billion
5. [Planet Labs PBC](https://www.sectoralpha.in/us/stocks/pl) $4.9 billion
6. [Mercury Systems, Inc.](https://www.sectoralpha.in/us/stocks/mrcy) $4.8 billion
7. [MDA Space Ltd.](https://www.sectoralpha.in/us/stocks/mda) $4.4 billion

[All 61 Aerospace & Defense companies, largest first](https://www.sectoralpha.in/us/sectors/aerospace-defense#all-companies)

### Companies close in size in other industries

1. [Merit Medical Systems, Inc.](https://www.sectoralpha.in/us/stocks/mmsi) $5.1 billion · Medical Instruments & Supplies
2. [Camtek Ltd.](https://www.sectoralpha.in/us/stocks/camt) $5.1 billion · Semiconductor Equipment & Materials
3. VSE Corporation $5 billion
4. [Sabra Health Care REIT, Inc.](https://www.sectoralpha.in/us/stocks/sbra) $5 billion · REIT - Healthcare Facilities
5. [Sensient Technologies Corporation](https://www.sectoralpha.in/us/stocks/sxt) $5 billion · Specialty Chemicals

## What else do people ask about VSE? ### What were VSE's latest quarterly results? VSE Corporation reported revenue of $449 M and net profit of $28.5 M for the Jun 2026 quarter. Revenue rose 65.0% and profit rose 792.2% compared with a year earlier. Earnings per share were $0.91. The operating margin was 12.7%, 1.9 percentage points higher than a year earlier (as of 3 November 2026). ### What is VSE's market cap? VSE Corporation's market capitalisation is $5.1 B at a stock price of $162.96. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is VSE performing? VSE Corporation's share price has been moving sideways for 9 weeks. In its latest quarter, revenue rose 65.0% and profit rose 792.2% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 9 weeks running (as of 3 November 2026). ### Will VSE's stock price go up? This page does not forecast VSE Corporation's stock price. What it shows instead: the stock price is $162.96, and it has been moving sideways for 9 weeks. Its P/E of 55.8× is higher than 39% of its own last 5 years (as of 3 November 2026). ### Where is VSE in its business cycle? VSE Corporation's FY25 operating margin was 11.2%, against a 5-year range of −0.5% to 11.2%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 12.7%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the VSE story? The main question: profits are rising, but only −39% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is VSE a stock worth studying right now? What the numbers show: VSE Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.