VSEC FY 2023 Earnings — VSE Corporation Revenue & Financial Results | Market Cap Arena

VSECVSE Corporation

$5B

FY 2023 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$860M+28.5% YoY

Gross Profit

$96M11.1% margin

Operating Income

$92M10.7% margin

Net Income

$39M4.5% margin

EPS (Diluted)

$2.76

Cash Flow

Operating Cash Flow

-$22M

Free Cash Flow

-$40M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$734M

Stockholders' Equity

$617M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$860M	$669M	+28.5%
Gross Profit	$96M	$57M	+67.0%
Operating Income	$92M	$54M	+71.1%
Net Income	$39M	$28M	+39.5%