Vectrus, Inc. (VEC) financial statements (2021 and earlier)

Company profile

Business Address 2424 GARDEN OF THE GODS ROAD
COLORADO SPRINGS, CO 80919
State of Incorp. IN
Fiscal Year End December 31
SIC 8744 - Facilities Support Management Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments356677484043
Cash and cash equivalents356677484043
Receivables269232175172211203
Costs in excess of billings131117
Other current assets16157131011
Total current assets:321313272244262264
Noncurrent Assets
Operating lease, right-of-use asset15
Property, plant and equipment19134359
Intangible assets, net (including goodwill)277242217217217217
Goodwill262234217217217217
Intangible assets, net (excluding goodwill)159    
Deferred costs     4
Other noncurrent assets533117
Total noncurrent assets:316259224221223236
TOTAL ASSETS:636572496465484499
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities236220174171184188
Accounts payable148156116118122114
Accrued liabilities352219182537
Employee-related liabilities534239353737
Debt754162212
Postemployment benefits liability     0
Billings in excess of cost4166
Deferred tax liabilities    25
Other undisclosed current liabilities     (1)
Total current liabilities:242225182188213231
Noncurrent Liabilities
Long-term debt and lease obligation6369736890127
Long-term debt, excluding current maturities6369736890126
Capital lease obligations 0  1
Liabilities, other than long-term debt701139389
Deferred tax liabilities, net   9175
Deferred income tax liabilities50
Other liabilities20113214
Other undisclosed noncurrent liabilities 555590 (1)
Total noncurrent liabilities:133126130160183215
Total liabilities:375351312348395446
Stockholders' equity
Stockholders' equity attributable to parent2612211831178954
Common stock000000
Additional paid in capital797268645953
Accumulated other comprehensive loss(5)(3)(2)(5)(4)(3)
Retained earnings18815311758343
Total stockholders' equity:2612211831178954
TOTAL LIABILITIES AND EQUITY:636572496465484499

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,3831,2791,1151,1911,1811,203
Revenue, net1,1151,1911,1811,203
Cost of revenue
(Cost of Goods and Services Sold)
(1,253)(1,165)(1,013)(1,084)(1,075)(1,085)
Gross profit:130115102107106119
Operating expenses(78)(66)(61)(64)(66)(80)
Other undisclosed operating income     0
Operating income:524841434038
Interest and debt expense(0)(0)(1)(1)(1)(0)
Other undisclosed loss from continuing operations before equity method investments, income taxes(6)(5)(3)(4)(5)(1)
Income from continuing operations before income taxes:454337373337
Income tax expense (benefit)(10)(8)23(14)(2)(14)
Net income available to common stockholders, diluted:353559243123

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:353559243123
Other comprehensive income0     
Comprehensive income:353559243123
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(2)(1)3(1)(1)(2)
Comprehensive income, net of tax, attributable to parent:333462233021

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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