VSECVSE Corporation

$5B

FY 2016 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$692M+29.6% YoY

Gross Profit

$58M8.4% margin

Operating Income

$52M7.4% margin

Net Income

$27M3.9% margin

EPS (Diluted)

$2.47

Cash Flow

Operating Cash Flow

$47M

Free Cash Flow

$41M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$662M

Total Liabilities

$407M

Stockholders' Equity

$255M

Cash & Equivalents

$428,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$692M	$534M	+29.6%
Gross Profit	$58M	$54M	+8.0%
Operating Income	$52M	$51M	+2.0%
Net Income	$27M	$25M	+7.5%

VSEC FY 2016 Earnings — VSE Corporation Revenue & Financial Results | Market Cap Arena