VSE Past Earnings Performance
Past criteria checks 5/6
VSE has been growing earnings at an average annual rate of 2.3%, while the Commercial Services industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 5.7% per year. VSE's return on equity is 7%, and it has net margins of 5%.
Key information
2.3%
Earnings growth rate
-4.8%
EPS growth rate
Commercial Services Industry Growth | 8.5% |
Revenue growth rate | 5.7% |
Return on equity | 7.0% |
Net Margin | 5.0% |
Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Investors Shouldn't Be Too Comfortable With VSE's (NASDAQ:VSEC) Earnings
Mar 16VSE Corporation: Strong Growth Outlook But Share Price Lacks Margin Of Safety
Mar 12Here's Why VSE (NASDAQ:VSEC) Has Caught The Eye Of Investors
Mar 07Earnings Not Telling The Story For VSE Corporation (NASDAQ:VSEC)
Feb 13Should You Think About Buying VSE Corporation (NASDAQ:VSEC) Now?
Jan 04Here's Why We Think VSE (NASDAQ:VSEC) Might Deserve Your Attention Today
Sep 29Should You Think About Buying VSE Corporation (NASDAQ:VSEC) Now?
Aug 30VSE's (NASDAQ:VSEC) Dividend Will Be $0.10
Apr 21VSE (NASDAQ:VSEC) Is Paying Out A Dividend Of $0.10
Apr 05VSE's (NASDAQ:VSEC) Dividend Will Be $0.10
Mar 20VSE (NASDAQ:VSEC) Could Be Struggling To Allocate Capital
Jan 12VSE Aviation bags $350M worth distribution agreements
Oct 19What Is VSE Corporation's (NASDAQ:VSEC) Share Price Doing?
Oct 14VSE amends credit facility
Oct 11VSE's (NASDAQ:VSEC) Returns On Capital Not Reflecting Well On The Business
Sep 24VSE (NASDAQ:VSEC) Takes On Some Risk With Its Use Of Debt
Sep 02At US$46.61, Is VSE Corporation (NASDAQ:VSEC) Worth Looking At Closely?
Apr 29Are Investors Undervaluing VSE Corporation (NASDAQ:VSEC) By 49%?
Dec 01VSE (NASDAQ:VSEC) Has Re-Affirmed Its Dividend Of US$0.09
Aug 01VSE Corporation: Time For A More Cautious Outlook
Jul 21VSE (NASDAQ:VSEC) Will Pay A Dividend Of US$0.09
Jun 24Revenue & Expenses BreakdownBeta
How VSE makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Dec 23 | 860 | 43 | 4 | 0 |
30 Sep 23 | 1,077 | 40 | 6 | 0 |
30 Jun 23 | 1,013 | 35 | 6 | 0 |
31 Mar 23 | 978 | 30 | 5 | 0 |
31 Dec 22 | 669 | 27 | 4 | 0 |
30 Sep 22 | 708 | 25 | 4 | 0 |
30 Jun 22 | 741 | 26 | 4 | 0 |
31 Mar 22 | 746 | 9 | 5 | 0 |
31 Dec 21 | 481 | -11 | 3 | 0 |
30 Sep 21 | 691 | 8 | 2 | 0 |
30 Jun 21 | 656 | 7 | 2 | 0 |
31 Mar 21 | 649 | -3 | 3 | 0 |
31 Dec 20 | 662 | -5 | 3 | 0 |
30 Sep 20 | 707 | -1 | 3 | 0 |
30 Jun 20 | 740 | 1 | 3 | 0 |
31 Mar 20 | 760 | 34 | 3 | 0 |
31 Dec 19 | 753 | 37 | 4 | 0 |
30 Sep 19 | 738 | 36 | 4 | 0 |
30 Jun 19 | 709 | 36 | 5 | 0 |
31 Mar 19 | 690 | 35 | 4 | 0 |
31 Dec 18 | 697 | 35 | 4 | 0 |
30 Sep 18 | 711 | 43 | 4 | 0 |
30 Jun 18 | 716 | 40 | 3 | 0 |
31 Mar 18 | 740 | 39 | 3 | 0 |
31 Dec 17 | 760 | 39 | 2 | 0 |
30 Sep 17 | 780 | 29 | 4 | 0 |
30 Jun 17 | 779 | 29 | 4 | 0 |
31 Mar 17 | 745 | 28 | 6 | 0 |
31 Dec 16 | 692 | 27 | 7 | 0 |
30 Sep 16 | 622 | 27 | 5 | 0 |
30 Jun 16 | 586 | 27 | 4 | 0 |
31 Mar 16 | 557 | 26 | 3 | 0 |
31 Dec 15 | 534 | 25 | 3 | 0 |
30 Sep 15 | 484 | 22 | 2 | 0 |
30 Jun 15 | 449 | 19 | 4 | 0 |
31 Mar 15 | 425 | 19 | 4 | 0 |
31 Dec 14 | 424 | 20 | 4 | 0 |
30 Sep 14 | 451 | 23 | 4 | 0 |
30 Jun 14 | 461 | 24 | 3 | 0 |
31 Mar 14 | 472 | 25 | 3 | 0 |
31 Dec 13 | 472 | 24 | 3 | 0 |
30 Sep 13 | 486 | 24 | 3 | 0 |
30 Jun 13 | 509 | 26 | 3 | 0 |
31 Mar 13 | 526 | 26 | 4 | 0 |
Quality Earnings: VSEC has high quality earnings.
Growing Profit Margin: VSEC's current net profit margins (5%) are higher than last year (4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VSEC's earnings have grown by 2.3% per year over the past 5 years.
Accelerating Growth: VSEC's earnings growth over the past year (61.9%) exceeds its 5-year average (2.3% per year).
Earnings vs Industry: VSEC earnings growth over the past year (61.9%) exceeded the Commercial Services industry -8.2%.
Return on Equity
High ROE: VSEC's Return on Equity (7%) is considered low.