National Presto Industries vs VSE
VSE reported revenue of $1.1 billion in fiscal 2025, 2.2 times National Presto Industries' $504 million in fiscal 2025. National Presto Industries' revenue grew 29.7% in its latest year, and VSE's grew 41.5%. National Presto Industries had an operating margin of 8.0%, against 8.1% at VSE. Free cash flow was −$36 million at National Presto Industries and $6 million at VSE.
Side by side
| National Presto Industries | VSE | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $504M | $1.1B |
| Revenue growth | 29.7% | 41.5% |
| Revenue growth a year, last 5 years | 7.4% | 10.9% |
| Gross margin | 15.9% | — |
| Operating margin | 8.0% | 8.1% |
| Net margin | 6.6% | 1.1% |
| Free cash flow | −$36M | $6M |
| Free cash flow margin | −7.2% | 0.5% |
| Return on capital | — | 4.5% |
| Net debt to EBITDA | — | 1.7x |
| Dividends and buybacks | $7M | $8M |
| Change in diluted share count | 0.3% | 18.2% |
| Last close | $142.55 | $172.81 |
| P/E at the last close | — | 42.4× |
| Insider trades, last 12 months | sold $418,055 | sold $5.8 million |
| Piotroski F-score | — | 6 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
National Presto IndustriesVSE
Operating margin
Percent of revenue
National Presto IndustriesVSE
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
National Presto IndustriesVSE
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the National Presto Industries and VSE pages.