VSEC
Income statement / Annual
Last year (2023), VSE Corporation's total revenue was $860.49 M,
a decrease of 9.40% from the previous year.
In 2023, VSE Corporation's net income was $39.13 M.
See VSE Corporation�s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$860.49 M
|
$949.76 M
|
$750.85 M
|
$661.66 M
|
$752.63 M
|
$697.22 M
|
$760.11 M
|
$691.79 M
|
$533.98 M
|
$424.07 M
|
| Cost of Revenue |
$764.87 M |
$871.83 M |
$707.23 M |
$586.27 M |
$668.86 M |
$624.96 M |
$687.34 M |
$617.59 M |
$480.16 M |
$383.00 M |
| Gross Profit |
$95.62 M |
$77.93 M |
$43.63 M |
$75.39 M |
$83.77 M |
$72.26 M |
$72.77 M |
$74.21 M |
$53.83 M |
$41.07 M |
| Gross Profit Ratio |
0.11 |
0.08 |
0.06 |
0.11 |
0.11 |
0.1 |
0.1 |
0.11 |
0.1 |
0.1 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$3.92 M
|
$5.16 M
|
$3.63 M
|
$3.12 M
|
$4.19 M
|
$3.71 M
|
$2.43 M
|
$6.61 M
|
$3.29 M
|
$4.14 M
|
| Other Expenses |
$0.00 |
$17.64 M |
$18.48 M |
$17.50 M |
$19.32 M |
$16.02 M |
$16.02 M |
$16.07 M |
$0.00 |
$0.00 |
| Operating Expenses |
$7.62 M |
$22.80 M |
$22.11 M |
$20.62 M |
$23.51 M |
$19.73 M |
$18.45 M |
$22.68 M |
$3.29 M |
$4.14 M |
| Cost And Expenses |
$772.49 M |
$894.63 M |
$729.33 M |
$606.90 M |
$692.37 M |
$644.69 M |
$705.79 M |
$640.26 M |
$483.44 M |
$387.14 M |
| Interest Income |
$0.00 |
$17.89 M |
$12.07 M |
$13.50 M |
$13.83 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$31.08 M |
$17.89 M |
$12.07 M |
$13.50 M |
$13.83 M |
$8.98 M |
$9.24 M |
$9.86 M |
$9.54 M |
$3.98 M |
| Depreciation &
Amortization |
$23.42 M
|
$24.60 M
|
$25.60 M
|
$24.14 M
|
$26.93 M
|
$25.22 M
|
$25.88 M
|
$26.05 M
|
$25.54 M
|
$18.77 M
|
| EBITDA |
$111.41 M
|
$78.21 M
|
$21.52 M
|
$78.90 M
|
$87.18 M
|
$77.75 M
|
$80.21 M
|
$77.58 M
|
$76.08 M
|
$55.70 M
|
| EBITDA Ratio |
0.13 |
0.08 |
0.06 |
0.12 |
0.12 |
0.11 |
0.11 |
0.11 |
0.14 |
0.13 |
| Operating Income Ratio
|
0.1
|
0.06
|
0.03
|
0.08
|
0.08
|
0.08
|
0.07
|
0.07
|
0.09
|
0.09
|
| Total Other
Income/Expenses Net |
-$31.08 M
|
-$17.89 M
|
-$12.07 M
|
-$13.50 M
|
-$13.83 M
|
-$8.98 M
|
-$9.24 M
|
-$9.86 M
|
-$9.54 M
|
-$3.98 M
|
| Income Before Tax |
$56.91 M |
$37.25 M |
$9.45 M |
$427,000.00 |
$46.43 M |
$45.25 M |
$45.09 M |
$41.67 M |
$41.00 M |
$32.95 M |
| Income Before Tax Ratio
|
0.07
|
0.04
|
0.01
|
0
|
0.06
|
0.06
|
0.06
|
0.06
|
0.08
|
0.08
|
| Income Tax Expense |
$13.76 M |
$9.19 M |
$1.49 M |
$5.60 M |
$9.40 M |
$10.17 M |
$5.99 M |
$14.88 M |
$16.08 M |
$12.46 M |
| Net Income |
$39.13 M |
$28.06 M |
$7.97 M |
-$5.17 M |
$37.02 M |
$35.08 M |
$39.10 M |
$26.79 M |
$24.92 M |
$19.37 M |
| Net Income Ratio |
0.05 |
0.03 |
0.01 |
-0.01 |
0.05 |
0.05 |
0.05 |
0.04 |
0.05 |
0.05 |
| EPS |
2.77 |
2.2 |
0.63 |
-0.47 |
3.38 |
3.23 |
3.61 |
2.48 |
2.32 |
1.81 |
| EPS Diluted |
2.76 |
2.19 |
0.63 |
-0.47 |
3.35 |
3.21 |
3.6 |
2.47 |
2.31 |
1.81 |
| Weighted Average Shares
Out |
$14.13 M
|
$12.78 M
|
$12.55 M
|
$11.03 M
|
$10.96 M
|
$10.88 M
|
$10.83 M
|
$10.79 M
|
$10.75 M
|
$10.71 M
|
| Weighted Average Shares
Out Diluted |
$14.18 M
|
$12.83 M
|
$12.63 M
|
$11.03 M
|
$11.04 M
|
$10.94 M
|
$10.87 M
|
$10.83 M
|
$10.79 M
|
$10.74 M
|
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