VSE Corporation (VSEC) Stock

VSE Corporation (VSEC) is a Technology stock trading at $195.32 (as of 2026-07-24), with a market capitalization of $5.48B and a trailing P/E of 110.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

VSE Corporation operates as a diversified aftermarket products and services company in the United States. The company operates through three segments: Aviation, Fleet, and Federal and Defense. The Aviation segment provides international parts supply and distribution, supply chain solutions, and component and engine accessory maintenance, repair, and overhaul (MRO) services. This segment serves commercial airlines, regional airlines, cargo transporters, MRO integrators and providers, aviation manufacturers, corporate and private aircraft owners, and fixed-base operators. The Fleet segment offers parts supply, inventory management, e-commerce fulfillment, logistics, and other services to assist aftermarket commercial and federal customers with their supply chain management. This segment also provides sale of vehicle parts and supply chain services to support client truck fleets, as well as sustainment solutions and managed inventory services to government and commercial truck fleets. The Federal and Defense segment offers aftermarket refurbishment and sustainment services to extend and maintain the life cycle of military vehicles, ships, and aircraft for the United States Department of Defense (DoD). This segment also provides foreign military sales services, engineering, logistics, maintenance, configuration management, prototyping, technology, and field support services to the DoD and other customers. In addition, this segment offers energy consulting services and IT solutions to various DoD, federal civilian agencies, and commercial clients. The company also provides vehicle and equipment maintenance and refurbishment, logistics, engineering support, energy services, and IT and health care IT solutions, as well as consulting services. VSE Corporation was incorporated in 1959 and is headquartered in Alexandria, Virginia.

Understand VSE Corporation: how it makes money

VSE Corporation provides aftermarket aviation, fleet, and federal and defense services, making money through parts supply and distribution, supply chain solutions, and component and engine accessory maintenance, repair, and overhaul (MRO) services for aviation customers.

The profit model is built on supplying aftermarket aviation parts plus performing higher value maintenance and overhaul work, so results track the level and mix of ongoing aircraft and engine support needs.

Business quality (Mixed): Clear segment-based business model focused on parts supply and MRO services, but the provided segment revenue figures do not reconcile cleanly with consolidated revenue, which makes cross-segment comparisons harder for retail investors.

Valuation: Trades at 88× trailing earnings · $5B market cap.

Bull case

  • Aftermarket MRO focus in Aviation: The Aviation segment supports aircraft and engine accessory needs through component and engine accessory maintenance, repair, and overhaul (MRO) services, alongside international parts supply and distribution and supply chain solutions.
  • Engine-related mix is explicitly measurable: The company discloses an operating mix driver, Engine Related Share of Aviation Revenue, which helps investors understand how much Aviation revenue is tied to engine related activity.

Bear case

  • Inventory and deal investment can pressure results: The company tracks inventory investment related to engine accessories agreements and inventory investment related to new distribution deals, indicating working capital investment that can be a risk if demand or timing shifts.
  • Segment reporting reconciliation is unclear: The provided segment revenue figures for Aviation, Fleet, and Federal and Defense do not reconcile cleanly to the latest quarter consolidated revenue, which increases uncertainty when assessing how each segment contributes.
Valuation — source: SEC EDGAR (first-party)
Price$195.32
Market Cap$5.48B
P/E Ratio110.2
EV / EBITDA32.7
Price / Book2.06
Price / Sales4.64
FCF Yield-0.2%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$1.11B
Net Margin1.1%
Revenue Growth (YoY)26.8%
EPS Growth (YoY)-346.5%
FCF Growth (YoY)38.8%
Financial Health — source: SEC EDGAR
Altman Z-Score6.92 (safe)
Valuation vs Sector & Industry
Stock P/E110.2
Sector P/E (Technology)34.6
Industry P/E (Business Services)29.7
vs Sector218.6%
vs Industry270.4%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($831.04M)
Institutional Holders Tracked10
Congressional Trades (recent)3
Company
SectorTechnology
IndustryBusiness Services
CEOJohn A. Cuomo
Employees1,400
CountryUS
IPO Date1982-10-22

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VSEC earnings history · VSEC institutional & insider holders · VSEC KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.