VSE Corporation (VSEC) — Cash Flow Quality Index
VSE Corporation (VSEC) has a Cash Flow Quality Index of 6.71x as of September 2025. Operating cash flow of $24.09 Million exceeds net income of $3.59 Million, indicating high earnings quality where cash backs reported profits. Also explore VSE Corporation asset portfolio for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
VSE Corporation Cash Flow Quality Index (1990–2024)
Historical Cash Flow Quality Index for VSE Corporation across 32 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check VSE Corporation tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for VSE Corporation (1990–2024)
Year-by-year earnings quality comparison for VSE Corporation. For live market cap and the full company financial profile, see how much is VSE Corporation worth.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | -2.03x | $-31.04 Million | $15.32 Million | ▼ -263.1% |
| 2023 | -0.56x | $-21.83 Million | $39.13 Million | ▼ -294.4% |
| 2022 | 0.29x | $8.05 Million | $28.06 Million | ▲ +113.0% |
| 2021 | -2.21x | $-17.60 Million | $7.97 Million | ▼ -554.7% |
| 2019 | 0.49x | $17.99 Million | $37.02 Million | ▼ -9.6% |
| 2018 | 0.54x | $18.86 Million | $35.08 Million | ▼ -58.3% |
| 2017 | 1.29x | $50.42 Million | $39.10 Million | ▼ -26.8% |
| 2016 | 1.76x | $47.19 Million | $26.79 Million | ▲ +16.8% |
| 2015 | 1.51x | $37.57 Million | $24.92 Million | ▼ -41.3% |
| 2014 | 2.57x | $49.72 Million | $19.36 Million | ▲ +3.7% |
| 2013 | 2.48x | $56.60 Million | $22.85 Million | ▼ -11.3% |
| 2012 | 2.79x | $59.48 Million | $21.29 Million | ▲ +67.5% |
| 2011 | 1.67x | $34.26 Million | $20.55 Million | ▲ +122.0% |
| 2010 | 0.75x | $17.79 Million | $23.69 Million | ▼ -26.0% |
| 2009 | 1.02x | $24.39 Million | $24.02 Million | ▼ -15.7% |
| 2008 | 1.20x | $22.93 Million | $19.04 Million | ▲ +105.9% |
| 2007 | 0.58x | $8.25 Million | $14.10 Million | ▲ +179.3% |
| 2006 | 0.21x | $1.63 Million | $7.79 Million | ▼ -91.7% |
| 2005 | 2.53x | $15.63 Million | $6.17 Million | ▲ +200.2% |
| 2004 | -2.53x | $-8.71 Million | $3.44 Million | ▼ -179.6% |
| 2003 | 3.18x | $6.39 Million | $2.01 Million | ▼ -58.4% |
| 2002 | 7.63x | $4.98 Million | $652.00K | ▲ +363.3% |
| 2001 | 1.65x | $1.41 Million | $855.00K | ▼ -21.0% |
| 2000 | 2.09x | $2.02 Million | $968.00K | ▼ -25.5% |
| 1999 | 2.80x | $4.20 Million | $1.50 Million | ▲ +31.8% |
| 1998 | 2.13x | $3.40 Million | $1.60 Million | ▲ +182.1% |
| 1996 | -2.59x | $-4.40 Million | $1.70 Million | ▼ -935.3% |
| 1995 | -0.25x | $-400.00K | $1.60 Million | ▼ -106.6% |
| 1994 | 3.81x | $6.10 Million | $1.60 Million | ▲ +251.9% |
| 1993 | 1.08x | $1.30 Million | $1.20 Million | ▼ -54.6% |
| 1992 | 2.38x | $3.10 Million | $1.30 Million | ▼ -51.8% |
| 1990 | 4.95x | $9.40 Million | $1.90 Million | — |