VSE (VSEC) Retained Earnings : $384.7 Mil (As of Dec. 2023)

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What is VSE Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. VSE's retained earnings for the quarter that ended in Dec. 2023 was $384.7 Mil.

VSE's quarterly retained earnings increased from Jun. 2023 ($366.7 Mil) to Sep. 2023 ($374.7 Mil) and increased from Sep. 2023 ($374.7 Mil) to Dec. 2023 ($384.7 Mil).

VSE's annual retained earnings increased from Dec. 2021 ($328.4 Mil) to Dec. 2022 ($351.3 Mil) and increased from Dec. 2022 ($351.3 Mil) to Dec. 2023 ($384.7 Mil).

VSE Retained Earnings Historical Data

The historical data trend for VSE's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

VSE Retained Earnings Chart

VSE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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334.25

325.10

328.36

351.30

384.70

VSE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															351.30	359.12	366.69	374.67	384.70

VSE Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

VSE (NAS:VSEC) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

VSE (VSEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » VSE Corp (NAS:VSEC) » Definitions » Retained Earnings

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VS3:Germany

Address

6348 Walker Lane, Alexandria, VA, USA, 22310

Website

https://www.vsecorp.com

VSE Corp is a diversified aftermarket products and services company providing repair services, parts distribution, logistics, supply chain management and consulting services for land, sea and air transportation assets to commercial and government markets. Its operations include supply chain management solutions, parts supply and distribution, and maintenance, repair and overhaul (MRO) services for vehicle fleet, aviation, maritime and other customers. It also provide vehicle and equipment refurbishment, logistics, engineering support, data management and healthcare IT solutions, and clean energy consulting services. The company operating segments are Aviation, Fleet and Federal and Defense.

Executives

Edward P Dolanski	director	5158 MOHAWK DRIVE, FRISCO TX 75034
John E Potter	director	9009 FALLS CHAPEL WAY, POTOMAC MD 20854-2387
James F Lafond	director	4401 GULF SHORE BLVD NORTH, UNIT 103, NAPLES FL 34103
Calvin Scott Koonce	director	6229 EXECUTIVE BOULEVARD, ROCKVILLE MD 20852
Bonnie K Wachtel	director	1101 FOURTEENTH STREET NW, SUITE 800, WASHINGTON DC 20005
Ralph E Eberhart	director	909 N. WASHINGTON STREET, ALEXANDRIA VA 22314
Ferguson Iii Mark E	director	1444 CLONCURRY ROAD, NORFOLK VA 23505
Anita D Britt	director	3000 NW 107TH AVENUE, MIAMI FL 33172
Lloyd Emerson Johnson	director	16737 NEW PROVIDENCE LANE, CHARLOTTE NC 28277
Benjamin E. Thomas	officer: President, VSE Aviation, Inc.	3361 ENTERPRISE WAY, MIRAMAR FL 33025
Stephen D. Griffin	officer: Sr. VP and CFO	6348 WALKER LANE, ALEXANDRIA VA 22310
Farinaz S Tehrani	officer: Chief Legal Officer	180 EAST BROAD STREET, COLUMBUS OH 43215
Moore Robert Andrew Iii	officer: President, Federal & Defense	6348 WALKER LANE, ALEXANDRIA VA 22310
John A Cuomo	director, officer: CEO and President	6348 WALKER LANE, ALEXANDRIA VA 22310
Chad Wheeler	officer: President, Wheeler Fleet	384 DRUM AVENUE, SOMERSET PA 15501