To the full analysis
VSE stock: growth
VSECVSE reported $1.11B in revenue for fiscal 2025, up 3% on the prior year, up 32.9% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
6.1%
per year from 2006 to 2025, per share 1.7%
Earnings (Annual rate)
2.2%
per year from 2006 to 2025, per share −2.1%
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 10.9% | 7.6% | 6.1% |
| Revenue per share | −2.7% | 0.5% | 1.7% |
| Earnings | no data | −7.3% | 2.2% |
| Earnings per share | no data | −13.4% | −2.1% |
| Free cash flow | −28.9% | −14.4% | no data |
| Free cash flow per share | −37.6% | −20.0% | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $363.73M | $7.79M | −$3.99M |
| 2007 | $653.16M | $14.1M | −$483K |
| 2008 | $1.04B | $19.04M | $12.91M |
| 2009 | $1.01B | $24.02M | $15.75M |
| 2010 | $866.04M | $23.69M | $12.98M |
| 2011 | $618.59M | $20.55M | $27.63M |
| 2012 | $546.76M | $21.29M | $38.61M |
| 2013 | $471.64M | $22.85M | $52.18M |
| 2014 | $424.07M | $19.37M | $46.3M |
| 2015 | $533.98M | $24.92M | $27.01M |
| 2016 | $691.79M | $26.79M | $40.65M |
| 2017 | $760.11M | $39.1M | $46.68M |
| 2018 | $697.22M | $35.08M | $15.74M |
| 2019 | $752.63M | $37.02M | $8.36M |
| 2020 | $661.66M | −$5.17M | $31.33M |
| 2021 | $750.85M | $7.97M | −$28.12M |
| 2022 | $669.45M | $28.06M | −$3.16M |
| 2023 | $860.49M | $39.13M | −$40.5M |
| 2024 | $1.08B | $30.52M | −$51.74M |
| 2025 | $1.11B | $11.7M | $5.71M |
Revenue by segment
How VSE Corporation makes its money and how that has shifted. Names are as the company reports them.
- Product63%
- Service37%
Figures as a table
| 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|
| Product | $693.04M | $776.68M | $703.93M | 63.3% |
| Service | $167.45M | $303.46M | $408.35M | 36.7% |
| Total revenue | $860.49M | $1.08B | $1.11B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral since 11 Nov 2026, previously Weak
- Valuation signal Fairly valued since 10 Nov 2026, previously Overvalued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.