V2X (VVX) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

V2X

NYSE•Industrials•Aerospace & Defense

$75.31+0.14(<0.01%)Pre-market

Market Cap

$2.39B

P/E

26.1x

P/S

0.5x

P/B

2.1x

V2X, Inc. provides critical mission solutions and support services to defense customers internationally. It offers a suite of integrated solutions multi-domain impact readiness, integrated supply chain management, mission solutions, platform renewal and modernization, national security, defense, civilian, and international customers. The company was incorporated in 2014 and is headquartered in Reston, Virginia. V2X, Inc. is a subsidiary of Vertex Aerospace Holdco LLC.

How this company scores

AverageMetricSide Score: 59/100

Strongest: Growth (23/25); weakest: Profitability (10/25).

Profitability10/25

Growth23/25

Balance Sheet & Red Flags12/25

Cash & Earnings Quality14/25

Strengths

Rising earningsCash-backed earningsConsistent growthImproving margins

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 26.1x5y range 16.1x – 421.9x

Currently near its 13-quarter median.

P/S · 0.5x5y range 0.3x – 0.7x

Currently above its 20-quarter median.

P/B · 2.1x5y range 1.2x – 2.6x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Cash Burn

Watch

FCF turned negative in 2 of the last 8 quarters — occasional cash consumption.

Price & Volume

Market Cap $2.39B

Metrics at a Glance

as of July 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $4.90B
Q. Revenue: $1.26B
TTM EBITDA: $313.11M
TTM Op. Income: $204.93M
Q. Op. Income: $53.81M
TTM Net Income: $91.85M
Q. Net Income: $25.54M
EPS: $0.82
Shares Out.: $31.33M

$4.90B in TTM revenue grew 13.0% YoY, reaching $1.26B last quarter. TTM EBITDA of $313.11M and TTM operating income of $204.93M show growth is flowing through to the bottom line. TTM net income of $91.85M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 8.7%
EBITDA Margin: 6.4%
Op. Margin: 4.3%
Net Margin: 2.0%

Op. margin of 4.3% is down 0.6% YoY — costs are rising relative to revenue. Net margin at 2.0% and gross margin of 8.7% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 13% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 26.1x
P/S Ratio: 0.5x
P/B Ratio: 2.1x

At 26.1x P/E, the stock trades within typical market levels. P/S of 0.5x and P/B of 2.1x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has risen for 3 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $3.20B
Cash: $214.31M
Long-Term Debt: $1.05B
Book Value: $1.13B
D/E Ratio: 0.9
Debt/EBITDA: 13.0

With $3.20B in assets and $1.05B in long-term debt, D/E is 0.9and book value is $1.13B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 7 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $21.55M
TTM Free Cash Flow: $130.45M
FCF Margin: 2.7%
FCF / Net Income: 1.4

TTM FCF of $130.45M on $21.55M in operating cash flow. The FCF / Net Income ratio of 1.4x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 4 consecutive quarters — a weakening trend.