VSE CORP (VSEC)
Industrials · Aviation aftermarket distribution and MRO services · NASDAQ
VSE is an aviation aftermarket powerhouse providing parts distribution and MRO services to commercial and government operators, expanding significantly through the Precision Aviation Group acquisition.
What VSE CORP does
VSE Corporation is a leading provider of aftermarket parts distribution and maintenance, repair, and overhaul (MRO) services for commercial and government aviation assets. The company serves a diverse customer base including commercial airlines, regional airlines, air cargo operators, MRO integrators, aviation manufacturers, corporate and private aircraft owners, and fixed-based operators globally. In January 2026, VSE entered into an agreement to acquire Precision Aviation Group (PAG) for approximately $2.025 billion in upfront consideration, plus potential earn-out consideration up to $125 million, significantly expanding its aviation services and parts distribution capabilities.
Themes: ["Aviation aftermarket","MRO services","Fleet sustainment","Commercial aviation support","Supply chain management"]
Fundamentals
- Price$214.37 as of 2026-07-09 close
- Market cap$6.1B as of 2026-07-10
- 1-year return+69.6% as of 2026-07-09 close
- P/E122.36 as of 2026-07-10
- Net margin+4.2% as of 2026-07-10
- Gross margin+14.7% as of 2026-07-10
- ROE+3.3% as of 2026-07-10
- Debt / equity0.14 as of 2026-07-10
- Revenue growth (YoY)+7.9% as of 2026-07-10
- Revenue CAGR (3y)+18.4% SEC XBRL
- Beta1.25 as of 2026-07-10
Dividend: yield +0.2%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Significant acquisition integration risk from the Precision Aviation Group transaction valued at approximately $2.025 billion, expected to close in Q2 2026, which could affect profitability and operational performance","Dependence on commercial aviation and business jet markets, which are cyclical and sensitive to economic downturns and fuel prices","Supply chain and inventory management complexity across global distribution centers supporting diverse aircraft platforms and component types"]
Competitors & peers
- AAR Corp (AIR)
- Heico Corporation (HEI)
- Anixter International
- Wesco International
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.