VSE CORPORATION
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2011 | 87.4% | 6.2% | 3.5% |
| FY2012 | 77.7% | 9.3% | 3.9% |
| FY2013 | 72.6% | 9.4% | 4.8% |
| FY2014 | 68.1% | 8.7% | 4.6% |
| FY2015 | 51.7% | 9.5% | 4.7% |
| FY2016 | 59.6% | 7.4% | 3.9% |
| FY2017 | 61.6% | 7.1% | 5.1% |
| FY2018 | — | 7.8% | 5.0% |
| FY2019 | — | 8.0% | 4.9% |
| FY2020 | — | 2.1% | -0.8% |