V2X, Inc. (VVX) Financial Ratios
14 years of historical data (2012–2025) · Industrials · Aerospace & Defense
EV/EBITDA
↓
11.88
+11% vs avg
5yr avg: 10.73
30Y Low4.9·High17.6
P/FCF
↓
16.72
↑+79% vs avg
5yr avg: 9.31
30Y Low6.3·High52.2
P/B Ratio
↑
2.66
↑+91% vs avg
5yr avg: 1.39
30Y Low0.9·High5.4
ROE
↓
7.4%
↓+81% vs avg
5yr avg: 4.1%
30Y Low-2%·High43%
Debt/EBITDA
↑
3.81
↓-27% vs avg
5yr avg: 5.22
30Y Low1.4·High11.3
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
VVX Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
V2X, Inc. trades at 37.1x earnings, 42% above its 5-year average of 26.1x, sitting at the 90th percentile of its historical range. Compared to the Industrials sector median P/E of 25.8x, the stock trades at a premium of 44%. On a free-cash-flow basis, the stock trades at 16.7x P/FCF, 79% above the 5-year average of 9.3x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.8B | $1.7B | $1.5B | $1.4B | $867M | $542M | $584M | $595M | $246M | $346M | $262M |
| Enterprise Value | $3.6B | $2.5B | $2.4B | $2.5B | $2.1B | $654M | $715M | $645M | $253M | $346M | $298M |
| P/E Ratio → | 37.07 | 22.27 | 44.29 | — | — | 11.86 | 15.83 | 17.92 | 6.96 | 5.81 | 11.04 |
| P/S Ratio | 0.63 | 0.39 | 0.35 | 0.36 | 0.30 | 0.30 | 0.42 | 0.43 | 0.19 | 0.31 | 0.22 |
| P/B Ratio | 2.66 | 1.60 | 1.49 | 1.46 | 0.87 | 1.55 | 1.92 | 2.30 | 1.11 | 1.89 | 2.23 |
| P/FCF | 16.72 | 10.21 | 6.31 | 8.86 | 10.69 | 10.51 | 9.81 | 52.19 | 8.18 | 10.46 | 7.30 |
| P/OCF | 15.62 | 9.54 | 6.01 | 7.68 | 9.27 | 8.83 | 9.12 | 21.60 | 6.13 | 9.77 | 7.15 |
P/E links to full P/E history page with 30-year chart
VVX EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
V2X, Inc.'s enterprise value stands at 11.9x EBITDA, 11% above its 5-year average of 10.7x. The Industrials sector median is 13.7x, placing the stock at a 13% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.57 | 0.56 | 0.64 | 0.72 | 0.37 | 0.51 | 0.47 | 0.20 | 0.31 | 0.25 |
| EV / EBITDA | 11.88 | 8.27 | 8.80 | 10.66 | 17.60 | 8.33 | 13.85 | 11.49 | 4.85 | 8.05 | 6.65 |
| EV / EBIT | 18.76 | 13.65 | 16.31 | 25.63 | 37.37 | 10.55 | 16.44 | 12.99 | 5.26 | 8.38 | 6.94 |
| EV / FCF | — | 14.91 | 9.95 | 15.56 | 25.71 | 12.69 | 12.00 | 56.55 | 8.43 | 10.45 | 8.30 |
VVX Profitability
Margins and return-on-capital ratios measuring operating efficiency
V2X, Inc. earns an operating margin of 4.3%, roughly in line with the Industrials sector average. Operating margins have expanded from 3.1% to 4.3% over the past 3 years, signaling improving operational efficiency. ROE of 7.4% is modest, trailing the sector median of 8.2%. ROIC of 7.7% represents adequate returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 8.3% | 8.3% | 7.9% | 8.4% | 10.2% | 9.0% | 8.9% | 9.3% | 9.0% | 9.1% | 9.0% |
| Operating Margin | 4.3% | 4.3% | 3.7% | 3.1% | 1.9% | 3.5% | 3.1% | 3.6% | 3.8% | 3.7% | 3.6% |
| Net Profit Margin | 1.7% | 1.7% | 0.8% | -0.6% | -0.5% | 2.6% | 2.6% | 2.4% | 2.8% | 5.3% | 2.0% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 7.4% | 7.4% | 3.4% | -2.3% | -2.1% | 14.0% | 13.1% | 13.8% | 17.4% | 39.6% | 22.9% |
| ROA | 2.4% | 2.4% | 1.1% | -0.7% | -0.7% | 5.3% | 5.0% | 5.5% | 6.6% | 12.4% | 5.0% |
| ROIC | 7.7% | 7.7% | 6.0% | 4.3% | 3.1% | 10.4% | 8.8% | 13.9% | 17.6% | 18.4% | 20.4% |
| ROCE | 8.4% | 8.4% | 7.1% | 5.3% | 3.7% | 11.4% | 9.2% | 13.4% | 14.6% | 14.0% | 15.6% |
VVX Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
V2X, Inc. carries a Debt/EBITDA ratio of 3.8x, which is moderately leveraged (18% above the sector average of 3.2x). Net debt stands at $801M ($1.2B total debt minus $369M cash). Interest coverage of just 2.2x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.08 | 1.08 | 1.12 | 1.17 | 1.34 | 0.43 | 0.65 | 0.33 | 0.33 | 0.42 | 0.71 |
| Debt / EBITDA | 3.81 | 3.81 | 4.20 | 4.90 | 11.26 | 1.92 | 3.83 | 1.52 | 1.41 | 1.80 | 1.87 |
| Net Debt / Equity | — | 0.74 | 0.86 | 1.10 | 1.22 | 0.32 | 0.43 | 0.19 | 0.03 | -0.00 | 0.31 |
| Net Debt / EBITDA | 2.61 | 2.61 | 3.23 | 4.59 | 10.28 | 1.43 | 2.53 | 0.89 | 0.14 | -0.01 | 0.80 |
| Debt / FCF | — | 4.71 | 3.65 | 6.70 | 15.01 | 2.18 | 2.19 | 4.36 | 0.25 | -0.01 | 1.00 |
| Interest Coverage | 2.19 | 2.19 | 1.36 | 0.80 | 0.90 | 7.77 | 10.83 | 7.67 | 9.34 | 8.79 | 7.55 |
VVX Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.22x means V2X, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 1.04x to 1.22x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.22 | 1.22 | 1.10 | 1.04 | 1.19 | 1.18 | 1.42 | 1.31 | 1.39 | 1.49 | 1.30 |
| Quick Ratio | 1.17 | 1.17 | 1.05 | 0.99 | 1.13 | 1.18 | 1.42 | 1.31 | 1.39 | 1.42 | 1.24 |
| Cash Ratio | 0.36 | 0.36 | 0.27 | 0.09 | 0.15 | 0.11 | 0.23 | 0.14 | 0.29 | 0.43 | 0.25 |
| Asset Turnover | — | 1.32 | 1.34 | 1.29 | 0.89 | 2.01 | 1.65 | 2.17 | 2.24 | 2.25 | 2.56 |
| Inventory Turnover | 89.56 | 89.56 | 78.19 | 77.23 | 57.72 | — | — | — | — | 79.43 | 98.49 |
| Days Sales Outstanding | — | 60.20 | 59.96 | 65.02 | 91.99 | 71.34 | 82.38 | 71.06 | 66.23 | 61.47 | 56.13 |
VVX Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
V2X, Inc. returns 1.1% to shareholders annually primarily through share buybacks. The earnings yield of 2.7% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.7% | 4.5% | 2.3% | — | — | 8.4% | 6.3% | 5.6% | 14.4% | 17.2% | 9.1% |
| FCF Yield | 6.0% | 9.8% | 15.9% | 11.3% | 9.4% | 9.5% | 10.2% | 1.9% | 12.2% | 9.6% | 13.7% |
| Buyback Yield | 1.1% | 1.7% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.4% | 0.4% | 0.4% |
| Total Shareholder Yield | 1.1% | 1.7% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.4% | 0.4% | 0.4% |
| Shares Outstanding | — | $32M | $32M | $31M | $21M | $12M | $12M | $12M | $11M | $11M | $11M |
Peer Comparison
Compare VVX with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 VVXYou | $3B | 37.1 | 11.9 | 16.7 | 8.3% | 4.3% | 7.4% | 7.7% | 3.8 |
 LDOS | $15B | 11.0 | 8.3 | 9.5 | 17.7% | 12.3% | 30.9% | 17.1% | 2.5 |
 SAIC | $5B | 14.8 | 10.9 | 8.3 | 12.1% | 7.2% | 23.3% | 9.9% | 4.0 |
 CACI | $11B | 23.3 | 15.3 | 23.8 | 8.9% | 8.9% | 13.5% | 9.2% | 3.5 |
 BAH | $9B | 11.2 | 10.1 | 9.7 | 20.9% | 9.8% | 80.7% | 18.6% | 3.3 |
 DLB | $5B | 20.0 | 12.0 | 11.7 | 88.1% | 19.6% | 10.0% | 10.1% | 0.1 |
 KBR | $5B | 11.2 | 9.7 | 9.4 | 14.8% | 7.3% | 27.9% | 10.4% | 4.2 |
 LMT | $125B | 25.1 | 16.8 | 18.0 | 10.2% | 10.3% | 76.9% | 23.9% | 2.6 |
 RTX | $247B | 37.0 | 21.7 | 31.1 | 20.1% | 10.0% | 10.4% | 6.7% | 3.1 |
 GD | $97B | 23.3 | 17.4 | 24.6 | 15.1% | 10.2% | 17.7% | 12.5% | 1.6 |
 NOC | $78B | 18.9 | 16.3 | 23.6 | 19.8% | 10.2% | 26.2% | 10.2% | 3.4 |
| Industrials Median | — | 25.8 | 13.7 | 20.3 | 31.8% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 14 years · Updated daily
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Run the NumbersIs VVX Undervalued Right Now?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
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Compare NowVVX — Frequently Asked Questions
Quick answers to the most common questions about buying VVX stock.
What is V2X, Inc.'s P/E ratio?
V2X, Inc.'s current P/E ratio is 37.1x. The historical average is 15.6x. This places it at the 90th percentile of its historical range.
What is V2X, Inc.'s EV/EBITDA?
V2X, Inc.'s current EV/EBITDA is 11.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 9.6x.
What is V2X, Inc.'s ROE?
V2X, Inc.'s return on equity (ROE) is 7.4%. The historical average is 19.2%.
Is VVX stock overvalued?
Based on historical data, V2X, Inc. is trading at a P/E of 37.1x. This is at the 90th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are V2X, Inc.'s profit margins?
V2X, Inc. has 8.3% gross margin and 4.3% operating margin.
How much debt does V2X, Inc. have?
V2X, Inc.'s Debt/EBITDA ratio is 3.8x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.