Last 48 quarters of trend data · Industrials · Aerospace & Defense
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
VSE Corporation's quarterly P/E stands at 44.3x.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 86.99 | 44.33 | 74.47 | 218.74 | 49.61 | — | 31.28 | 32.83 | — | — | 22.13 | 19.70 | 19.82 |
| — | — | +138.1% | +566.3% | — | — | +41.4% | +66.6% | — | — | -28.3% | +62.5% | +24.4% | |
| P/S Ratio | 4.51 | 3.95 | 3.26 | 3.05 | 2.50 | 2.43 | 1.64 | 1.88 | 1.96 | 1.94 | 1.08 | 0.82 | 0.86 |
| — | +62.7% | +99.3% | +62.5% | +27.1% | +25.0% | +50.9% | +128.8% | +128.1% | +152.7% | +24.1% | +20.9% | +21.4% | |
| P/B Ratio | 3.23 | 1.93 | 2.73 | 3.51 | 2.77 | 2.55 | 1.98 | 1.94 | 1.94 | 2.06 | 1.66 | 1.25 | 1.51 |
| — | -24.5% | +37.9% | +80.8% | +43.1% | +23.8% | +19.7% | +55.8% | +28.7% | +62.4% | +23.7% | +22.1% | +34.9% | |
| P/FCF | 877.75 | — | 31.83 | 47.82 | 107.74 | — | 9.39 | 86.65 | — | — | 12.72 | 17.80 | — |
| — | — | +238.8% | -44.8% | — | — | -26.1% | +386.8% | — | — | -28.4% | +76.5% | — | |
| EV / EBITDA | 32.04 | 21.79 | 22.17 | 22.22 | 23.50 | 20.97 | 14.77 | 18.05 | 21.80 | 19.03 | 11.70 | 9.48 | 10.37 |
| — | +3.9% | +50.1% | +23.1% | +7.8% | +10.2% | +26.3% | +90.4% | +110.2% | +83.7% | +12.6% | +4.3% | -16.4% | |
| EV / EBIT | 42.28 | 30.27 | 33.38 | 91.46 | 33.86 | 30.48 | 22.02 | 24.91 | 191.71 | 28.21 | 14.54 | 12.08 | 13.26 |
| — | -0.7% | +51.6% | +267.1% | -82.3% | +8.0% | +51.4% | +106.2% | +1345.2% | +96.7% | +1.9% | -5.7% | -31.3% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
VSE Corporation's operating margin was 10.1% in Q1 2026, down 2.0 pp QoQ and up 0.1 pp YoY. Gross margin expanded 14.6% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 11.9% | 12.0% | 13.4% | 12.0% | 11.4% | 10.5% | 10.8% | 10.8% | 10.0% | 11.4% | 11.4% | 12.0% | 10.8% |
| — | +14.6% | +23.8% | +11.6% | +14.3% | -8.4% | -5.3% | -10.3% | -7.6% | +14.6% | +10.1% | +28.2% | +66.5% | |
| Operating Margin | 11.2% | 10.1% | 12.1% | 11.8% | 8.6% | 10.0% | 10.9% | 10.2% | 8.3% | 10.6% | 10.8% | 11.6% | 10.1% |
| — | +0.5% | +11.4% | +16.0% | +4.4% | -5.5% | +0.3% | -12.0% | -17.7% | +18.0% | +17.0% | +28.2% | +62.0% | |
| Net Margin | 4.8% | 9.0% | 4.5% | 1.3% | 6.0% | -3.6% | 5.2% | 5.7% | -1.4% | -11.9% | 4.9% | 4.1% | 4.3% |
| — | +348.7% | -13.6% | -76.8% | +519.7% | +69.7% | +5.8% | +38.5% | -133.4% | -345.5% | +75.0% | -26.6% | -3.0% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 4.4% | 1.4% | 1.1% | 0.4% | 1.7% | -0.9% | 1.8% | 1.5% | -0.4% | -3.1% | 1.9% | 1.8% | 1.9% |
| — | +250.8% | -36.2% | -74.2% | +522.3% | +70.1% | -7.2% | -16.2% | -120.8% | -255.9% | +74.7% | -17.5% | +8.3% | |
| ROA | 2.8% | 1.1% | 0.8% | 0.2% | 1.0% | -0.5% | 1.0% | 0.8% | -0.2% | -1.4% | 0.9% | 0.8% | 0.8% |
| — | +304.7% | -22.5% | -69.8% | +602.8% | +62.5% | +14.4% | -0.4% | -123.5% | -259.1% | +72.1% | -20.0% | +3.5% | |
| ROIC | 5.9% | 1.5% | 1.8% | 1.8% | 1.2% | 1.3% | 1.8% | 1.2% | 1.0% | 1.2% | 1.8% | 2.1% | 1.8% |
| — | +15.8% | -2.7% | +45.8% | +22.7% | +11.5% | +0.8% | -40.8% | -44.8% | -25.7% | +14.0% | +40.5% | +75.2% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
VSE Corporation's Debt/EBITDA ratio is 1.6x, down from 7.2x last quarter — comfortably within a safe range. The current ratio has improved 125.0% YoY to 8.78x, strengthening the short-term liquidity position. Debt/Equity has declined for 3 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.24 | 0.03 | 0.24 | 0.44 | 0.43 | 0.52 | 0.49 | 0.61 | 0.64 | 0.84 | 0.74 | 0.79 | 0.84 |
| — | -94.8% | -51.5% | -27.9% | -33.4% | -38.3% | -34.1% | -23.2% | -23.5% | +0.1% | +8.5% | +10.0% | +8.4% | |
| Debt / EBITDA | 2.08 | 1.57 | 7.23 | 9.90 | 12.59 | 14.16 | 11.87 | 17.30 | 21.85 | 22.13 | 14.59 | 14.99 | 14.88 |
| — | -88.9% | -39.1% | -42.8% | -42.4% | -36.0% | -18.6% | +15.5% | +46.9% | +34.3% | +3.5% | -0.3% | -26.7% | |
| Current Ratio | 3.76 | 8.78 | 3.76 | 3.94 | 3.73 | 3.90 | 3.10 | 3.69 | 3.53 | 3.33 | 2.70 | 3.06 | 3.21 |
| — | +125.0% | +21.2% | +6.8% | +5.7% | +17.1% | +15.0% | +20.8% | +10.0% | +11.3% | +10.4% | +7.3% | +11.8% | |
| Quick Ratio | 1.43 | 6.24 | 1.43 | 1.41 | 1.44 | 2.12 | 1.06 | 1.15 | 1.17 | 0.99 | 0.95 | 1.09 | 1.17 |
| — | +193.6% | +35.0% | +22.4% | +22.8% | +113.6% | +11.2% | +5.0% | -0.2% | +12.8% | +27.0% | +20.8% | +22.6% | |
| Interest Coverage | 4.36 | 23.36 | 37.80 | 2.19 | 3.31 | 3.09 | 3.95 | 2.23 | 0.26 | 1.70 | 2.73 | 2.99 | 2.80 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying VSEC stock.
VSE Corporation's current P/E is 87.0x. The average P/E over the last 4 quarters is 96.8x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
VSE Corporation's current operating margin is 11.2%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking VSE Corporation's business trajectory between earnings reports.