V2X, Inc.
VVX NYSEΒ· Services-Facilities Support Management Services
Last close Β· Oct 23, 2026
$74.09
KIRA Β· Stoqlyβs AI analyst, in plain words
- V2X, Inc. had $4.5B of revenue in fiscal 2025, up 3.7% on the year before. Over five years, revenue changed +26.3% a year on average.
- Its operating margin was 4.3%, up 0.7Β pts: of every 100 in sales, about 4 is left after running the business.
- V2X, Inc. made $77.9M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 1.4% a year.
- Free cash flow was $170M in fiscal 2025, 3.8% of revenue.
- V2X, Inc. returned $30.0M to shareholders in fiscal 2025, 18% of free cash flow. The diluted share count fell 0.5%.
- V2X, Inc. owes $729M more than it holds in cash, about 3.5 years of operating profit.
Market cap
$2.3B
P/E
25.5x
Revenue
$4.5B
Net income
$77.9M
Free cash flow
$170M
Operating margin
4.3%
V2X, Inc. in 30 seconds Β· fiscal 2025
Are sales growing?
+3.7%
Only a little. Sales grew 3.7% last year.
Does it make a profit?
1.7%
A little. It keeps 1.7% of every sale as profit.
Does profit turn into cash?
3.8%
Partly. 3.8% of sales ends up as free cash.
Is debt under control?
3.5x
Heavy. Repaying its debt would take 3.5 years of operating profit.
How healthy are the accounts?
9 / 9
Solid. It passes 9 of 9 health tests.
How is the share priced?
25.5x
One share costs 25.5 times its yearly profit per share.
What V2X, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K Β· Feb 23, 2026
- Legal name
- V2X, Inc.
- CIK
- 0001601548
V2X, Inc. Β· VVX
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $1.8B | $2.9B | $4.0B | $4.3B | $4.5B |
| Revenue growth | 27.8% | 62.1% | 37.1% | 9.1% | 3.7% |
| Gross margin | 9.0% | 10.2% | 8.4% | 7.9% | 8.3% |
| Operating margin | 3.5% | 1.9% | 3.1% | 3.7% | 4.3% |
| Net income | $45.7M | β$14.3M | β$22.6M | $34.7M | $77.9M |
| Net margin | 2.6% | β0.5% | β0.6% | 0.8% | 1.7% |
| Diluted EPS | $3.86 | β$0.68 | β$0.73 | $1.08 | $2.45 |
| Cash | |||||
| Cash from operations | $61.3M | $93.5M | $188M | $254M | $182M |
| Capital expenditure | $9.8M | $12.4M | $25.0M | $11.8M | $11.9M |
| Free cash flow | $51.6M | $81.1M | $163M | $242M | $170M |
| FCF margin | 2.9% | 2.8% | 4.1% | 5.6% | 3.8% |
| Share buybacks | β | β | $0.0M | $0.0M | $30.0M |
| Share count change | 0.7% | 77.4% | 48.0% | 2.8% | β0.5% |
| Debt and strength | |||||
| Cash and short-term investments | $38.5M | $116M | $72.7M | $268M | $369M |
| Debt incl. finance leases | $105M | $1.3B | $1.1B | $1.1B | $1.1B |
| Shareholders' equity | $350M | $997M | $991M | $1.0B | $1.1B |
| Net debt / EBITDA | 1.0x | 16.7x | 7.1x | 4.7x | 3.5x |
| Current ratio | 1.2x | 1.2x | 1.0x | 1.1x | 1.2x |
| Returns and quality | |||||
| Return on capital | 12.6% | 2.0% | 4.8% | 7.6% | 8.3% |
| Return on equity | 14.0% | β2.1% | β2.3% | 3.4% | 7.4% |
| Piotroski F-score | 7 | 4 | 4 | 7 | 9 |
| Altman Z'' | 2.6 | 1.1 | 1.1 | 1.3 | 1.7 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$488M
5 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
V2X, Inc. Β· VVX
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $74.09 a share, the company is worth $2.3B: 25.5 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001601548). Data updated October 24, 2026. For information only β not investment advice. Check the original filings before relying on any figure.
