VSEC Q4 2023 Earnings — VSE Corporation Revenue & Financial Results | Market Cap Arena

VSECVSE Corporation

$5B

Q4 2023 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$235M+36.8% YoY

Gross Profit

$27M11.4% margin

Operating Income

$26M10.8% margin

Net Income

$12M4.9% margin

EPS (Diluted)

$0.73

QoQ Revenue Growth

+1.7%

Cash Flow

Operating Cash Flow

$28M

Free Cash Flow

$20M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$763M

Stockholders' Equity

$617M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$235M	$172M	+36.8%
Gross Profit	$27M	$18M	+50.6%
Operating Income	$26M	$16M	+60.1%
Net Income	$12M	$5M	+139.4%

Revenue Segments

Product

$183M100%