Financial Snapshot

Revenue
$4.205B
TTM
Gross Margin
7.93%
TTM
Net Earnings
$9.159M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
108.42%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.003B
Q3 2024
Cash
Q3 2024
P/E
206.4
Nov 29, 2024 EST
Free Cash Flow
$64.73M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $3.963B $2.891B $1.784B $1.396B $1.383B $1.279B $1.115B $1.191B $1.181B $1.203B $1.512B $1.828B $1.806B
YoY Change 37.09% 62.07% 27.81% 0.94% 8.09% 14.73% -6.36% 0.83% -1.88% -20.4% -17.33% 1.24%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $3.963B $2.891B $1.784B $1.396B $1.383B $1.279B $1.115B $1.191B $1.181B $1.203B $1.512B $1.828B $1.806B
Cost Of Revenue $3.628B $2.596B $1.623B $1.271B $1.255B $1.165B $1.013B $1.084B $1.075B $1.085B $1.297B $1.636B $1.648B
Gross Profit $334.9M $295.0M $160.4M $124.2M $128.0M $114.4M $101.9M $106.9M $105.6M $118.8M $214.5M $192.7M $158.0M
Gross Profit Margin 8.45% 10.2% 8.99% 8.9% 9.26% 8.95% 9.15% 8.98% 8.94% 9.87% 14.19% 10.54% 8.75%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Selling, General & Admin $210.4M $239.2M $98.40M $80.68M $78.32M $66.37M $60.73M $64.09M $65.69M $80.34M $83.23M $82.32M $71.00M
YoY Change -12.04% 143.13% 21.96% 3.02% 18.0% 9.29% -5.24% -2.44% -18.24% -3.47% 1.11% 15.94%
% of Gross Profit 62.84% 81.1% 61.34% 64.98% 61.2% 58.0% 59.57% 59.94% 62.2% 67.63% 38.8% 42.72% 44.94%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $22.41M $13.47M $6.500M $4.100M $3.400M $1.800M $1.700M $1.900M $3.138M $2.100M $2.600M $3.000M $3.000M
YoY Change 66.33% 107.26% 58.54% 20.59% 88.89% 5.88% -10.53% -39.45% 49.43% -19.23% -13.33% 0.0%
% of Gross Profit 6.69% 4.57% 4.05% 3.3% 2.66% 1.57% 1.67% 1.78% 2.97% 1.77% 1.21% 1.56% 1.9%
Operating Expenses $210.4M $239.2M $98.40M $80.68M $78.32M $66.37M $60.73M $64.09M $65.69M $80.34M $83.23M $82.32M $71.00M
YoY Change -12.04% 143.13% 21.96% 3.02% 18.0% 9.29% -5.24% -2.44% -18.24% -3.47% 1.11% 15.94%
Operating Profit $124.4M $55.77M $62.02M $43.48M $49.65M $48.06M $41.22M $42.83M $39.96M $38.42M $131.3M $110.4M $87.00M
YoY Change 123.08% -10.08% 42.66% -12.44% 3.32% 16.58% -3.75% 7.17% 4.02% -70.75% 19.0% 26.84%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Interest Expense -$122.4M -$61.88M -$7.985M -$4.793M -$6.470M -$5.071M -$4.640M -$5.639M -$6.531M -$1.526M $111.0K $45.00K
YoY Change 97.87% 674.94% 66.6% -25.92% 27.59% 9.29% -17.72% -13.66% 327.98% -1474.77% 146.67%
% of Operating Profit -98.41% -110.95% -12.87% -11.02% -13.03% -10.55% -11.26% -13.17% -16.34% -3.97% 0.08% 0.04%
Other Income/Expense, Net -$4.194M
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Pretax Income -$24.52M -$6.108M $54.04M $38.68M $43.18M $41.18M $34.39M $37.28M $33.27M $36.38M $132.7M $107.8M $87.00M
YoY Change 301.41% -111.3% 39.69% -10.41% 4.85% 19.76% -7.75% 12.03% -8.53% -72.58% 23.07% 23.89%
Income Tax -$1.945M $8.222M $8.307M $1.731M $10.00M $7.898M -$22.92M $13.53M $2.458M $14.08M $47.04M $35.73M $33.00M
% Of Pretax Income 15.37% 4.47% 23.17% 19.18% -66.65% 36.3% 7.39% 38.7% 35.46% 33.15% 37.93%
Net Earnings -$22.57M -$14.33M $45.73M $36.95M $33.18M $35.09M $59.50M $23.66M $30.97M $22.81M $84.39M $74.67M $54.00M
YoY Change 57.52% -131.34% 23.75% 11.38% -5.44% -41.03% 151.52% -23.63% 35.78% -72.97% 13.03% 38.27%
Net Earnings / Revenue -0.57% -0.5% 2.56% 2.65% 2.4% 2.74% 5.34% 1.99% 2.62% 1.9% 5.58% 4.08% 2.99%
Basic Earnings Per Share -$0.73 -$0.68 $3.91 $3.19 $2.90 $3.13 $5.40 $2.21 $2.94 $2.18 $8.06 $7.13
Diluted Earnings Per Share -$0.73 -$0.68 $3.86 $3.14 $2.86 $3.08 $5.31 $2.16 $2.86 $2.13 $8.06 $7.13 $5.16

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Cash & Short-Term Investments $70.65M $116.1M $38.51M $66.95M $35.32M $66.14M $77.45M $47.65M $40.00M $42.80M $10.40M $14.00M
YoY Change -39.13% 201.37% -42.47% 89.56% -46.61% -14.6% 62.54% 19.13% -6.54% 311.54% -25.71%
Cash & Equivalents $70.65M $14.00M
Short-Term Investments
Other Short-Term Assets $51.24M $87.28M $36.22M $26.48M $16.15M $15.06M $6.747M $13.41M $9.700M $10.90M $10.90M $7.000M
YoY Change -41.29% 140.97% 36.79% 63.92% 7.24% 123.25% -49.69% 38.27% -11.01% 0.0% 55.71%
Inventory $46.98M $0.00 $12.75M $11.00M $1.200M $7.100M $6.200M $5.000M
Prepaid Expenses
Receivables $671.2M $715.5M $344.1M $305.2M $257.4M $225.9M $172.2M $169.1M $207.7M $202.7M $227.5M $329.0M
Other Receivables $34.82M $13.11M $4.552M $9.787M $11.71M $6.242M $2.799M $2.930M $2.900M $0.00 $0.00 $3.000M
Total Short-Term Assets $874.9M $931.9M $423.3M $408.4M $320.6M $313.3M $271.9M $244.1M $261.5M $263.6M $255.1M $358.0M
YoY Change -6.12% 120.14% 3.66% 27.38% 2.33% 15.22% 11.39% -6.64% -0.8% 3.33% -28.74%
Property, Plant & Equipment $126.6M $131.5M $67.41M $41.29M $33.50M $13.42M $3.733M $3.061M $4.800M $8.900M $9.200M $10.00M
YoY Change -3.72% 95.14% 63.25% 23.26% 149.63% 259.47% 21.95% -36.23% -46.07% -3.26% -8.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $5.400M
YoY Change
Other Assets $10.53M $17.86M $10.39M $6.325M $5.366M $3.248M $2.942M $1.177M $1.200M $6.600M $2.400M $1.000M
YoY Change -41.03% 71.81% 64.33% 17.87% 65.21% 10.4% 149.96% -1.92% -81.82% 175.0% 140.0%
Total Long-Term Assets $2.207B $2.301B $466.1M $435.4M $315.8M $258.9M $223.6M $221.2M $222.9M $232.4M $234.1M $233.0M
YoY Change -4.09% 393.69% 7.05% 37.89% 21.96% 15.79% 1.1% -0.78% -4.09% -0.73% 0.47%
Total Assets $3.082B $3.233B $889.5M $843.8M $636.4M $572.2M $495.6M $465.3M $484.4M $496.0M $489.2M $591.0M
YoY Change
Accounts Payable $453.1M $406.7M $212.5M $159.6M $148.0M $156.4M $115.9M $118.1M $122.4M $114.5M $109.7M $162.0M
YoY Change 11.4% 91.36% 33.18% 7.82% -5.36% 34.94% -1.83% -3.55% 6.9% 4.38% -32.28%
Accrued Expenses $262.2M $364.6M $135.3M $120.2M $90.06M $63.74M $58.39M $52.61M $62.10M $73.70M $61.10M $81.00M
YoY Change -28.08% 169.43% 12.55% 33.5% 41.28% 9.17% 10.98% -15.28% -15.74% 20.62% -24.57%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $15.36M $11.85M $10.40M $8.600M $6.500M $4.500M $4.000M $15.75M $22.00M $11.40M $0.00
YoY Change 29.63% 13.94% 20.93% 32.31% 44.44% 12.5% -74.6% -28.41% 92.98%
Total Short-Term Liabilities $840.2M $783.1M $358.2M $288.4M $245.1M $225.0M $182.2M $187.8M $212.5M $230.7M $208.2M $300.0M
YoY Change 7.29% 118.6% 24.21% 17.68% 8.93% 23.5% -3.01% -11.61% -7.89% 10.81% -30.6%
Long-Term Debt $1.100B $1.263B $94.25M $168.8M $63.04M $69.14M $73.21M $67.84M $89.60M $122.5M $0.00 $0.00
YoY Change -12.87% 1239.91% -44.15% 167.68% -8.82% -5.56% 7.91% -24.28% -26.86%
Other Long-Term Liabilities $138.9M $174.3M $54.66M $42.33M $20.00M $1.462M $1.461M $2.559M $1.600M $13.50M $15.10M $20.00M
YoY Change -20.31% 218.8% 29.15% 111.66% 1267.78% 0.07% -42.91% 59.94% -88.15% -10.6% -24.5%
Total Long-Term Liabilities $1.239B $1.437B $148.9M $211.1M $83.04M $70.60M $74.67M $70.40M $91.20M $136.0M $15.10M $20.00M
YoY Change -13.77% 865.07% -29.45% 154.19% 17.62% -5.45% 6.07% -22.81% -32.94% 800.66% -24.5%
Total Liabilities $2.091B $2.236B $539.4M $538.9M $377.5M $350.9M $312.2M $347.9M $395.1M $442.1M $297.8M $390.0M
YoY Change -6.48% 314.56% 0.09% 42.74% 7.57% 12.42% -10.27% -11.95% -10.63% 48.46% -23.64%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.8905 Billion

About V2X, Inc.

V2X, Inc. provides solutions and support to defense clients globally. The company is headquartered in Mclean, Virginia and currently employs 16,000 full-time employees. The company went IPO on 2014-09-16. The firm provides critical mission solutions primarily to defense clients in around 322 locations and 51 countries and territories worldwide. The company delivers a suite of integrated solutions across the operations and logistics, aerospace, training, and technology markets to national security, defense, civilian and international clients. Its aerospace solutions provide the engineering, facilities, and skilled employees required to sustain systems and platforms. Its technology solutions include capabilities, such as the deployment, integration, and maintenance of sensors and solutions, as well as the operation of complex systems in austere locations. Its operations and logistics capabilities provide government clients with full spectrum support for logistics, infrastructure sustainment and contingency operations, wherever needed. Its training solutions deliver full life cycle training solutions.

Industry: Services-Facilities Support Management Services Peers: AAR CORP AerSale Corp Cadre Holdings, Inc. KRATOS DEFENSE & SECURITY SOLUTIONS, INC. Maxar Technologies Inc. Virgin Orbit Holdings, Inc. RTX Corp Rocket Lab USA, Inc. Virgin Galactic Holdings, Inc