VSE Corporation (VSEC) — Free Cash Flow Generation Index

Latest as of September 2025: 0.75x

VSE Corporation (VSEC) has a Free Cash Flow Generation Index of 0.75x as of September 2025. Free cash flow of $18.04 Million represents 1% of operating cash flow ($24.09 Million). See VSE Corporation (VSEC) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.75x
Free Cash Flow / Operating CF

Free Cash Flow

$18.04 Million
USD

Operating Cash Flow

$24.09 Million
USD

Capital Expenditures

$6.05 Million
USD

VSE Corporation Free Cash Flow Generation Index (1990–2022)

Historical FCF Generation Index trend for VSE Corporation across 29 annual periods. Explore VSEC operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for VSE Corporation (1990–2022)

Year-by-year Free Cash Flow Generation Index for VSE Corporation. For the full company profile including market capitalisation, see how much is VSE Corporation worth.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2022 -0.39x $-3.16 Million $8.05 Million $11.21 Million ▼ -144.8%
2020 0.88x $31.33 Million $35.76 Million $4.43 Million ▲ +88.5%
2019 0.46x $8.36 Million $17.99 Million $9.63 Million ▼ -44.3%
2018 0.83x $15.74 Million $18.86 Million $3.12 Million ▼ -9.8%
2017 0.93x $46.68 Million $50.42 Million $3.74 Million ▲ +7.5%
2016 0.86x $40.65 Million $47.19 Million $6.55 Million ▲ +19.8%
2015 0.72x $27.01 Million $37.57 Million $10.56 Million ▼ -22.8%
2014 0.93x $46.30 Million $49.72 Million $3.41 Million ▲ +1.0%
2013 0.92x $52.18 Million $56.60 Million $4.42 Million ▲ +42.0%
2012 0.65x $38.61 Million $59.48 Million $20.86 Million ▼ -19.5%
2011 0.81x $27.62 Million $34.26 Million $6.63 Million ▲ +10.5%
2010 0.73x $12.98 Million $17.79 Million $4.80 Million ▲ +13.0%
2009 0.65x $15.75 Million $24.39 Million $8.63 Million ▲ +14.7%
2008 0.56x $12.91 Million $22.93 Million $10.02 Million ▲ +1061.6%
2007 -0.06x $-483.00K $8.25 Million $8.73 Million ▲ +97.6%
2006 -2.44x $-3.99 Million $1.63 Million $5.62 Million ▼ -373.6%
2005 0.89x $13.96 Million $15.63 Million $1.67 Million ▲ +0.7%
2003 0.89x $5.67 Million $6.39 Million $720.00K ▼ -0.9%
2002 0.90x $4.46 Million $4.98 Million $521.00K ▲ +304.5%
2001 -0.44x $-617.00K $1.41 Million $2.03 Million ▼ -155.4%
2000 0.79x $1.60 Million $2.02 Million $424.00K ▲ +10.6%
1999 0.71x $3.00 Million $4.20 Million $1.20 Million ▲ +34.9%
1998 0.53x $1.80 Million $3.40 Million $1.60 Million ▼ -27.3%
1997 0.73x $5.90 Million $8.10 Million $2.20 Million ▼ -17.7%
1994 0.89x $5.40 Million $6.10 Million $700.00K ▲ +475.4%
1993 0.15x $200.00K $1.30 Million $1.10 Million ▼ -71.9%
1992 0.55x $1.70 Million $3.10 Million $1.40 Million ▼ -4.0%
1991 0.57x $1.20 Million $2.10 Million $900.00K ▼ -4.1%
1990 0.60x $5.60 Million $9.40 Million $3.80 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).