VSE Corporation (VSEC)
NASDAQIndustrialsAerospace & DefenseSnapshot 2026-09-04
$203.91+0.66%
Close 2026-09-04 · 1-day change
NASDAQIndustrialsAerospace & DefenseSnapshot 2026-09-04
QuarterlyIQ Insights · VSEC
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within industrials on a research-validated quality screen. As of 2026-09-04.
The screen ranks VSEC against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 3 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated strong grew net income 67% of the time over the next year (vs 52% for the rest of the cohort, n=6958).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Integrate PAG acquisition to expand scale, capabilities, and achieve synergy targets exceeding $15 million annually.
Stated in 3 of last 3 quarters. The PAG acquisition closed in 2025-Q4, expanding VSE's aviation revenue platform by ~50% pro forma for full year 2025. Management expects to realize more than $15 million in annualized synergies and exceed 20% consolidated Adjusted EBITDA margin over the next few years. The trajectory shows delivering progress on integration and synergy realization consistent with management's stated priorities.
“CEO: 'Integration and synergy initiatives progressing to exceed 20% Adjusted EBITDA margin over next few years.'”
“CEO: 'PAG acquisition expands scale and capabilities, driving margin expansion and synergy realization.'”
“CEO: 'Acquisition closed; focus on integration and synergy capture underway.'”
Continue paying a regular quarterly cash dividend of $0.10 per share to stockholders.
Stated in 3 of last 3 quarters. The Board consistently declared a quarterly cash dividend of $0.10 per share in 2025-Q4, 2026-Q1, and 2026-Q2. This reflects a stable capital allocation policy with no change in dividend amount, indicating management is maintaining this priority as stated.
“Board declared quarterly cash dividend of $0.10 per share payable October 29, 2026.”
Focus on improving cash from operations and achieving positive free cash flow sequentially and annually.
Stated in 2 of last 3 quarters. Cash from operating activities improved from $11.9M in 2025-Q2 to $37.6M in 2025-Q4, supporting management's expectation of sequential improvement and positive free cash flow for full year 2025. However, cash from operations declined sharply to negative $62.3M in 2026-Q1 due to acquisition-related timing, indicating mixed progress with some volatility but ongoing focus on this priority.
Drive strong revenue growth in 2026, raising guidance to 61%-64% growth compared to prior outlook.
Stated in 2 of last 2 quarters. Management raised full year 2026 revenue growth guidance from 57%-61% to 61%-64% as of 2026-Q2, reflecting confidence in strong top-line growth. This follows a prior increase from 19%-23% earlier, showing a positive trajectory in revenue expectations consistent with stated growth priorities.
“Updated full year 2026 revenue growth guidance to 61% to 64%, raised from prior 57% to 61%.”
Increase full year 2026 Adjusted EBITDA margin guidance to 18.7%-19.0%, reflecting margin expansion post-acquisition.
Stated in 2 of last 2 quarters. Management raised full year 2026 Adjusted EBITDA margin guidance from 18.1%-18.5% to 18.7%-19.0%, reflecting margin expansion expectations following the PAG acquisition. This indicates delivering progress on margin improvement consistent with management's stated operational priorities.
“Updated full year 2026 Adjusted EBITDA margin guidance to 18.7%-19.0%, raised from 18.1%-18.5%.”
Over the trailing year it converted -7.50x of net income into operating cash flow. Historically, Industrials names rated fragile grew net income 48% of the time over the next year (vs 59% for the rest of the cohort, n=4997).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
27 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Industrials names rated volatile grew net income 58% of the time over the next year (vs 57% for the rest of the cohort, n=2592).
Not investment advice. As of 2026-09-04.
“Board declared quarterly cash dividend of $0.10 per share payable July 29, 2026.”
“Board declared quarterly cash dividend of $0.10 per share payable April 29, 2026.”
“Cash from operating activities was negative $62.3 million due to acquisition-related timing.”
“Cash from operating activities was positive $37.6 million, showing improvement.”
“Previous full year 2026 revenue growth guidance was 57% to 61%, up from 19% to 23%.”
“Prior full year 2026 Adjusted EBITDA margin guidance was 18.1%-18.5%, reflecting addition of PAG.”