VSE Corporation
VSE Corporation (Nasdaq: VSEC) is a diversified government services company that provides critical products and services to the United States Department of Defense, federal agencies, and commercial customers. The company operates through multiple business segments serving the aerospace, defense, and logistics sectors… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What VSE Corporation does
In the company’s own words
VSE Corporation (Nasdaq: VSEC) is a diversified government services company that provides critical products and services to the United States Department of Defense, federal agencies, and commercial customers. The company operates through multiple business segments serving the aerospace, defense, and logistics sectors with a focus on mission-critical applications where reliability and performance are paramount.
The company's core business encompasses the design, manufacture, and distribution of specialized equipment and components for defense and aerospace applications, along with comprehensive logistics and supply chain management services. VSE maintains a strong presence as a trusted supplier to government agencies, leveraging decades of experience in supporting military operations and defense initiatives. The company serves customers across the continental United States and maintains operational facilities strategically positioned to support its government and commercial client base.
VSE Corporation has established itself as a provider of essential services that support national defense capabilities and government operations. The company's business model emphasizes long-term relationships with government customers, recurring revenue streams from logistics and supply chain services, and specialized manufacturing capabilities that create barriers to entry for competitors. By focusing on mission-critical applications where performance and reliability are non-negotiable, VSE has built a durable competitive position within the defense services industry.
The company maintains a disciplined approach to capital allocation and has structured its financing to support growth initiatives while maintaining financial flexibility. VSE's tangible equity units, which combine prepaid stock purchase contracts with senior amortizing notes, reflect the company's strategic approach to raising capital while providing investors with structured investment opportunities. The company's registered securities on the Nasdaq Global Select Market include common stock and the 5.750% tangible equity units, providing investors with multiple ways to participate in the company's growth trajectory.
VSE Corporation's website is located at www.vsecorp.com, where investors and stakeholders can access additional information about the company's operations, investor relations materials, and corporate governance documentation.
Company details
- Sector
- Industrials
- Industry (SIC)
- Professional Services
- Headquarters
- MIRAMAR, FL
- Fiscal year end
- December
- CIK
- 102752
- SIC
- 8711
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns VSE Corporation — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in VSE Corporation · what they did last quarter
Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.
Largest fund holders · VSE Corporation’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
VSE Corporation’s bonds, as funds hold them
Funds report holding 1 issues of VSE Corporation’s debt, $44.96M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 5.75%, maturing 2029 to 2029.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
Compare this company with peers, find it in your funds and follow its financial history with your connected AI:
- “How do VSE Corporation and its peers compare on margins and cash generation over ten years?”
- “Where did five years of VSE Corporation's earnings go — cash, debt, buybacks, reinvestment?”
- “What changed in VSE Corporation's last four quarterly filings that the numbers alone won't show?”
