Tearsheet

V2X (VVX)

Market Price (12/27/2025): $55.75 | Market Cap: $1.8 Bil
Sector: Industrials | Industry: Aerospace & Defense

V2X (VVX)

Market Price (12/27/2025): $55.75
Market Cap: $1.8 Bil
Sector: Industrials
Industry: Aerospace & Defense

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0	Attractive yield FCF Yield is 10%	Weak multi-year price returns 2Y Excs Rtn is -24%, 3Y Excs Rtn is -38%	Debt is significant Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 54%
1	Low stock price volatility Vol 12M is 43%		Key risks VVX key risks include [1] a significant debt load from the Vertex merger and [2] persistently thin profit margins.
2	Megatrend and thematic drivers Megatrends include National Security & Defense, and Cybersecurity. Themes include Defense Logistics & Readiness, Defense IT & Communications, Show more.

0	Attractive yield FCF Yield is 10%
1	Low stock price volatility Vol 12M is 43%
2	Megatrend and thematic drivers Megatrends include National Security & Defense, and Cybersecurity. Themes include Defense Logistics & Readiness, Defense IT & Communications, Show more.
3	Weak multi-year price returns 2Y Excs Rtn is -24%, 3Y Excs Rtn is -38%
4	Debt is significant Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 54%
5	Key risks VVX key risks include [1] a significant debt load from the Vertex merger and [2] persistently thin profit margins.

Valuation, Metrics & Events

	12/27/25	2024	2023	2022	2021
Share Price CYE	$55.75	$47.83	$46.44	$41.29	$45.77
Market Cap CYE ($ Bil)	1.8	1.5	1.4	1.3	0.5
Total Debt ($ Bil)	1.1	1.2	1.2	1.3	0.2
Total Cash ($ Bil)	0.2	0.3	0.1	0.1	0.0
Enterprise Value ($ Bil)	2.7	2.7	2.6	2.6	0.7
Valuation Ratios
P/S TTM	0.4	0.3	0.4	0.3	0.3
P/EBIT TTM	9.5	10.2	14.6	15.5	8.6
P/E TTM	22.0	43.4	-63.9	-60.5	11.7
P/FCF TTM	9.5	6.2	8.9	10.7	10.4
Sector Ratios
P/S TTM (Sector)	1.6	1.5	1.4	1.1	1.6
P/EBIT TTM (Sector)	13.0	11.8	11.2	9.1	12.2
P/E TTM (Sector)	17.2	16.5	15.4	12.1	16.0
P/FCF TTM (Sector)	13.6	13.2	12.1	8.4	13.8

	12/27/25	2024	2023
Share Price CYE	$55.75	$47.83	$46.44
Market Cap CYE ($ Bil)	1.8	1.5	1.4
Total Debt ($ Bil)	1.1	1.2	1.2
Total Cash ($ Bil)	0.2	0.3	0.1
Enterprise Value ($ Bil)	2.7	2.7	2.6
Valuation Ratios
P/S TTM	0.4	0.3	0.4
P/EBIT TTM	9.5	10.2	14.6
P/E TTM	22.0	43.4	-63.9
P/FCF TTM	9.5	6.2	8.9
Sector Ratios
P/S TTM (Sector)	1.6	1.5	1.4
P/EBIT TTM (Sector)	13.0	11.8	11.2
P/E TTM (Sector)	17.2	16.5	15.4
P/FCF TTM (Sector)	13.6	13.2	12.1

	VVX	S&P 500
REVENUE GROWTH	GOOD
Rev LTM ($ Bil)	4.4
Rev Chg Q	7.9%	7.3%
Rev Chg LTM	5.1%	6.1%
Rev Chg 3Y Avg	26.7%	5.5%
PROFITABILITY	VERY POOR
Op Inc LTM ($ Bil)	0.2
CFO LTM ($ Bil)	0.2
Net Inc LTM ($ Bil)	0.1
Op Mgn LTM	4.4%	18.8%
CFO/Rev LTM	4.4%	20.4%
Net Inc Mgn	1.8%	13.1%
VALUATION	LOW
P/S	0.4	3.3
P/CFO	9.0	15.8
P/FCF	9.5	20.7
P/E	22.0	23.7
STABILITY	FAIR
Debt/Equity	0.65	0.21
Cash/Assets	0.06	0.07

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Metric	Value	Date	Source
Total Backlog	11.6 billion	9262025	Link
Funded Backlog	2.3 billion	9262025	Link
Book-to-bill ratio	1.2x	9262025	Link
Net Bookings	1.4 billion	9262025	Link
Global Employees	approximately 16,000	2242025	Link
U.S. employees reporting a military background	>38%	11102025	Link

Upcoming
2/23/2026	Earnings Release	Rev: - EPS: -

VVX Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

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V2X (VVX) experienced a stock price decline of approximately 3% during the approximate period from August 31, 2025, to December 27, 2025, influenced by several key factors:

1. Large Secondary Offerings by a Major Investor.

Vertex Aerospace Holdco LLC, a significant shareholder, conducted two secondary offerings. The first involved the sale of 2 million shares around August 11, 2025, and a second offering of 2.25 million shares by Vertex Aerospace was expected to close around November 13, 2025. These substantial sales by a major investor, totaling over $5 million each, can increase the supply of shares in the market and potentially lead to downward pressure on the stock price due to perceived lack of confidence or simple supply/demand dynamics.

2. Analyst Rating Adjustments.

During this period, some analyst ratings reflected a more cautious outlook for V2X. For instance, Morgan Stanley maintained a "Sell" rating for the stock with a $55 price target on September 19, 2025. Additionally, Citigroup initiated coverage with a "Hold" rating and a $62 price target on December 12, 2025. While there were also positive analyst updates, these more conservative ratings or initiations could contribute to a moderated investor sentiment, especially when considered against the consensus "Hold" rating from multiple analysts.

3. Recent Bearish Technical Signals.

Technical analysis in mid-December 2025 indicated a bearish trend in the mid-term, with the 20-day Simple Moving Average (SMA_20) falling below the 60-day Simple Moving Average (SMA_60). This crossover often signals a shift to a bearish momentum for traders.

4. Short-Term Negative Price Momentum.

In the days leading up to December 22, 2025, the V2X stock price declined in 6 out of 10 trading days, resulting in a total change of -3.73% during that specific period. This recent negative price momentum suggests short-term selling pressure that contributed to the overall -3% movement.

5. Increasing Short Interest.

As of December 10, 2025, the short sale ratio of V2X Inc. was reported to be rising from the previous trading day. An increase in short interest can reflect a growing belief among some investors that the stock price will fall, potentially contributing to selling pressure.

Stock Movement Drivers

Fundamental Drivers

The 1.7% change in VVX stock from 9/26/2025 to 12/26/2025 was primarily driven by a 11.3% change in the company's Net Income Margin (%).

	9262025	12262025	Change
Stock Price ($)	54.80	55.75	1.73%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	4333.66	4419.14	1.97%
Net Income Margin (%)	1.63%	1.81%	11.34%
P/E Multiple	24.61	22.00	-10.61%
Shares Outstanding (Mil)	31.69	31.62	0.24%
Cumulative Contribution			1.73%

LTM = Last Twelve Months as of date shown

Market Drivers

9/26/2025 to 12/26/2025

	Return	Correlation
VVX	1.7%
Market (SPY)	4.3%	50.4%
Sector (XLI)	3.0%	59.9%

Fundamental Drivers

The 15.4% change in VVX stock from 6/27/2025 to 12/26/2025 was primarily driven by a 88.4% change in the company's Net Income Margin (%).

	6272025	12262025	Change
Stock Price ($)	48.30	55.75	15.42%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	4327.51	4419.14	2.12%
Net Income Margin (%)	0.96%	1.81%	88.43%
P/E Multiple	36.64	22.00	-39.96%
Shares Outstanding (Mil)	31.59	31.62	-0.09%
Cumulative Contribution			15.42%

LTM = Last Twelve Months as of date shown

Market Drivers

6/27/2025 to 12/26/2025

	Return	Correlation
VVX	15.4%
Market (SPY)	12.6%	26.9%
Sector (XLI)	7.5%	38.5%

Fundamental Drivers

The 17.2% change in VVX stock from 12/26/2024 to 12/26/2025 was primarily driven by a 732.5% change in the company's Net Income Margin (%).

	12262024	12262025	Change
Stock Price ($)	47.55	55.75	17.25%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	4204.71	4419.14	5.10%
Net Income Margin (%)	0.22%	1.81%	732.49%
P/E Multiple	163.80	22.00	-86.57%
Shares Outstanding (Mil)	31.55	31.62	-0.21%
Cumulative Contribution			17.24%

LTM = Last Twelve Months as of date shown

Market Drivers

12/26/2024 to 12/26/2025

	Return	Correlation
VVX	17.2%
Market (SPY)	15.8%	38.4%
Sector (XLI)	18.3%	47.0%

Fundamental Drivers

The 37.8% change in VVX stock from 12/27/2022 to 12/26/2025 was primarily driven by a 1020.0% change in the company's Net Income Margin (%).

	12272022	12262025	Change
Stock Price ($)	40.45	55.75	37.82%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	2332.10	4419.14	89.49%
Net Income Margin (%)	0.16%	1.81%	1019.97%
P/E Multiple	319.55	22.00	-93.12%
Shares Outstanding (Mil)	29.83	31.62	-5.99%
Cumulative Contribution			37.33%

LTM = Last Twelve Months as of date shown

Market Drivers

12/27/2023 to 12/26/2025

	Return	Correlation
VVX	19.3%
Market (SPY)	48.0%	35.5%
Sector (XLI)	41.3%	46.9%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
VVX Return	-3%	-8%	-10%	12%	3%	16%	8%
Peers Return	16%	38%	-12%	21%	26%	16%	150%
S&P 500 Return	16%	27%	-19%	24%	23%	18%	114%
Monthly Win Rates [3]
VVX Win Rate	50%	33%	50%	58%	42%	58%
Peers Win Rate	52%	65%	42%	68%	57%	52%
S&P 500 Win Rate	58%	75%	42%	67%	75%	73%
Max Drawdowns [4]
VVX Max Drawdown	-42%	-17%	-35%	-9%	-20%	-12%
Peers Max Drawdown	-34%	-5%	-26%	-7%	-9%	-23%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)

How Low Can It Go

Unique Key	Event	VVX	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-50.2%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	100.8%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	792 days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-49.5%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	97.9%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	352 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-50.4%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	101.6%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	120 days	120 days

Compare to HPQ, HPE, IBM, CSCO, AAPL

In The Past

V2X's stock fell -50.2% during the 2022 Inflation Shock from a high on 3/5/2021. A -50.2% loss requires a 100.8% gain to breakeven.

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Asset Allocation

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About V2X (VVX)

Business Description Analogies Products Customers Suppliers Management Key Risks Emerging Threats Market Size Revenue Drivers Capital Allocation

Vectrus, Inc. provides facility and base operations, supply chain and logistics, information technology mission support, and engineering and digital integration services. It offers facility and base operations services, such as facilities operations and maintenance, security, base life support, facilities engineering and management, airfield management, civil engineering, public works, transportation operations, and emergency services. The company also offers supply chain and logistics services, including warehouse management and distribution, asset management and logistics, integrated logistics, supply chain as a service, full spectrum aviation maintenance, repair and overhaul, and equipment maintenance, repair, and services. Additionally, it provides information technology mission support services comprising communications, management and service support, IT service management design and implementation, network and cybersecurity, systems installation and activation, and mission support. Further, the company offers engineering and digital integration solutions, such as perimeter security and intrusion detection, integrated electronic security monitoring and video management systems, systematic integrated security protection of physical assets, IP and computer systems, design and training, system-of-systems engineering and software development, advanced engineering, sensor and visualization technologies, energy solutions, and electromagnetic interoperability. Vectrus, Inc. was incorporated in 2014 and is headquartered in Colorado Springs, Colorado.

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Here are 1-3 brief analogies to describe V2X (VVX):

Think of it as Leidos or CACI International for government logistics, base operations, and mission support.
It's like a general contractor for global government and military operations.
Imagine the 'Amazon' of government operational services, handling everything from IT and engineering to logistics and base management for military and civilian agencies.

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Logistics & Supply Chain Management: Provides integrated solutions for managing equipment, parts, and supplies, ensuring operational readiness for government clients.
Facilities Management & Base Operations Support: Offers comprehensive services for the operation and maintenance of military bases and government facilities worldwide.
Engineering & Technical Services: Delivers specialized engineering, technical, and professional services to support complex government programs and systems.
Training & Simulation: Develops and implements advanced training programs and simulation solutions for military and government personnel.
IT & Communications Services: Provides robust information technology infrastructure, network operations, and secure communication solutions.
Maintenance, Repair, & Overhaul (MRO): Performs maintenance, repair, and overhaul services for various government assets, including vehicles, aircraft, and equipment.

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V2X (symbol: VVX) primarily sells its engineering, mission support, and IT services to other entities, specifically government agencies.

Its major customer is:

The U.S. Government

According to V2X's financial filings, the U.S. government, both directly and through its prime contractors, accounted for substantially all of V2X's revenue in recent fiscal years (2023, 2022, and 2021). V2X primarily serves various branches of the U.S. military, other U.S. Department of Defense agencies, and the U.S. Department of Homeland Security.

As the U.S. Government is not a public company, it does not have a stock symbol.

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Jeremy C. Wensinger, President, Chief Executive Officer and Director

Mr. Wensinger was appointed President, Chief Executive Officer, and a Director of V2X in June 2024. He has a distinguished 35-year career as an executive in the defense and government services industry. Before joining V2X, he served as the Chief Operating Officer of Peraton, Inc. His previous leadership roles include positions at Harris Corporation, Cobham PLC, and PAE Government Services, Inc.

Shawn Mural, Senior Vice President and Chief Financial Officer

Mr. Mural was appointed Senior Vice President and Chief Financial Officer of V2X in October 2023. He oversees all finance and accounting functions for the company. Prior to V2X, Mr. Mural spent 24 years at RTX Corporation and its subsidiaries, where he held various roles of increasing responsibility, most recently serving as Vice President of Finance and CFO of Raytheon, a business segment of RTX.

William B. Noon, Chief Accounting Officer

Mr. Noon serves as the Chief Accounting Officer for V2X. He was appointed to this role in 2019.

Dr. L. Roger Mason, Jr., Senior Vice President and Chief Growth Officer

Dr. Mason is the Senior Vice President and Chief Growth Officer at V2X.

Jeremy Nance, Senior Vice President and General Counsel

Mr. Nance holds the position of Senior Vice President and General Counsel at V2X.

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Here are the key risks to V2X's business:

High Financial Leverage/Debt Load: V2X carries a significant amount of debt, with net debt around $1.12 billion as of June 2024 and approximately $842.3 million in net debt as of December 2024. The company assumed $1.15 billion of net debt from the Vertex merger and has been in the process of deleveraging. This heavy debt load is highlighted as a significant risk, and a high leverage risk. Such leverage could lead to shareholder dilution if the company needs to raise equity at a distressed price or face challenges in meeting its obligations.
Uncertain Government Funding Environment and Contract Risk: A substantial portion of V2X's business relies on defense contracts. The uncertain funding environment in the defense sector presents risks to the company's growth prospects, as shifts in government priorities and budget allocations can lead to delays, reduced scopes, or even cancellations of contracts, negatively impacting revenue and profitability. Furthermore, the U.S. government retains the right to terminate almost any contract at its discretion. The company also faces litigation uncertainty on key contracts, including protests from competitors regarding contract awards.
Thin Profit Margins: V2X has experienced pressure on its gross profit margins. The company's gross profit margin was 8.6% as of August 2025. This is considered a "razor-thin margin" and the adjusted EBITDA margin target of 8% has not been fully achieved, with guidance for 2024 assuming a 7.2% adjusted EBITDA margin. These thin margins make the company more susceptible to cost increases or revenue fluctuations impacting profitability.

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Here are 3-5 expected drivers of future revenue growth for V2X (VVX) over the next 2-3 years:

Securing and Ramping Up Large Government Contracts: V2X has demonstrated a strong ability to win and execute significant government contracts. The company reported a total backlog of $12.5 billion at the end of 2024 and approximately $11.6 billion in Q3 2025, with a solid book-to-bill ratio. Key contract wins, such as the approximately $4 billion T-6 award (currently under protest) and the over $1 billion Iraq F-16 program, are expected to provide substantial future revenue. Additionally, ongoing programs like the WTRS and F-5 are cited as drivers of growth.
Geographic Expansion and Increased Demand in Key Regions: V2X is experiencing considerable growth in strategic geographic areas, particularly the Indo-Pacific region, where revenue grew by 31% year-over-year in Q3 2024. This growth is driven by increased demand to support the Department of Defense's (DoD) priorities to enhance U.S. readiness, as well as opportunities arising from foreign military sales. V2X is actively investing to capture this regional expansion.
Expansion of Technology-Driven Offerings and Strategic Acquisitions: V2X is focused on expanding its portfolio of advanced technology solutions. This includes investments in areas such as counter-Unmanned Aircraft Systems (UAS), data and artificial intelligence (AI) capabilities, and the broadening of its training programs. Furthermore, a strategic acquisition was completed to expand access to intelligence community customers, which is anticipated to contribute to the company's robust pipeline.
Sustained Demand for Mission Readiness and National Security Solutions: The underlying market trend of strong and continued demand for comprehensive mission readiness and national security solutions is a fundamental driver for V2X. The company provides full life cycle solutions designed to increase efficiency, reduce costs, modernize capabilities, improve readiness, and strengthen national security, which positions it well to capitalize on evolving customer requirements in the defense and government sectors.

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Share Repurchases

V2X's Board of Directors authorized a share repurchase program of up to $100 million for a three-year term, ending on May 12, 2028.
The company repurchased $10 million worth of shares in the third quarter of 2025.
V2X agreed to repurchase 200,000 shares of its common stock from the underwriter in connection with a secondary offering by Vertex Aerospace Holdco LLC in August 2025, using cash on hand.

Share Issuance

On July 5, 2022, V2X was formed through the merger of Vectrus and Vertex Aerospace Services Holding Corp., with Vectrus becoming V2X.
As part of the merger consideration, American Industrial Partners-affiliated entities acquired 18,500,001 shares on July 5, 2022.

Outbound Investments

In August 2025, V2X entered into an agreement to acquire a specialized data engineering, intel mission support, and cyber solutions business for approximately $24 million, net of estimated tax benefits.
This acquisition aims to expand V2X's capabilities and enhance its access to customers within the intelligence community.

Capital Expenditures

Capital expenditures for the last 12 months were approximately -$10.75 million.
Expected capital expenditures for 2025 are approximately $30 million.
V2X is characterized by its ability to generate strong cash flow with typically low capital expenditures.

Better Bets than V2X (VVX)

INDUSTRY: Aerospace & Defense

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Higher CFO/Rev LTM (Value for VVX: 4.4%)

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GD (11.1%)

General Dynamics

RTX (9.3%)

RTX

LMT (8.7%)

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Higher FCF/Rev LTM (Value for VVX: 4.2%)

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GE Aerospace

HWM (13.2%)

Howmet Aerospace

GD (9.3%)

General Dynamics

LMT (6.3%)

Lockheed Martin

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RTX

Higher Total Yield (Value for VVX: 4.5%)

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NOC (5.6%)

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L3Harris Technologies

SECTOR: Industrials

Higher Rev Chg 3Y Avg | Lower P/S (Values for VVX: 26.7% | 0.4x)

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DEFSEC Technologies

GWAV (27.1% | 0.0x)

Greenwave Technology Solutions

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for VVX: 26.7% | 9.1x)

WLFC (32.0% | 3.3x)

Willis Lease Finance

BAER (41.9% | 3.4x)

Bridger Aerospace

Higher Rev Chg LTM (Value for VVX: 5.1%)

UBER (18.2%)

Uber Technologies

GE (17.7%)

GE Aerospace

BA (10.2%)

Boeing

GEV (9.4%)

GE Vernova

RTX (8.8%)

RTX

Higher Rev Chg 3Y Avg (Value for VVX: 26.7%)

RKLB (44.3%)

Rocket Lab

RBA (43.6%)

RB Global

AXON (33.7%)

Axon Enterprise

FIX (29.0%)

Comfort Systems USA

HEI (26.9%)

Heico

Higher Op Mgn LTM (Value for VVX: 4.4%)

UNP (40.6%)

Union Pacific

GE (20.5%)

GE Aerospace

CAT (17.7%)

Caterpillar

RTX (10.3%)

RTX

UBER (9.2%)

Uber Technologies

Higher CFO/Rev LTM (Value for VVX: 4.4%)

UBER (18.1%)

Uber Technologies

CAT (17.8%)

Caterpillar

GE (17.2%)

GE Aerospace

RTX (9.3%)

RTX

GEV (9.1%)

GE Vernova

Higher FCF/Rev LTM (Value for VVX: 4.2%)

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GE Aerospace

CAT (11.7%)

Caterpillar

GEV (6.6%)

GE Vernova

RTX (5.5%)

RTX

Higher Total Yield (Value for VVX: 4.5%)

UBER (9.8%)

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UNP (7.4%)

Union Pacific

HON (7.2%)

Honeywell International

LMT (5.8%)

Lockheed Martin

DE (5.3%)

Deere

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Higher Rev Chg 3Y Avg | Lower P/S (Values for VVX: 26.7% | 0.4x)

SNEX (29.6% | 0.0x)

StoneX

OSCR (46.4% | 0.3x)

Oscar Health

MAGN (34.5% | 0.2x)

Magnera

AGL (42.2% | 0.1x)

Agilon Health

SLQT (27.1% | 0.2x)

SelectQuote

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for VVX: 26.7% | 9.1x)

IBKR (48.1% | 3.5x)

Interactive Brokers

NCLH (43.8% | 6.5x)

Norwegian Cruise Line

PR (48.7% | 4.8x)

Permian Resources

PTCT (41.7% | 6.7x)

PTC Therapeutics

BIPC (30.2% | 2.5x)

Brookfield Infrastructure

Higher Rev Chg LTM (Value for VVX: 5.1%)

NVDA (65.2%)

NVIDIA

MSFT (15.6%)

Microsoft

GOOGL (13.4%)

Alphabet

AMZN (10.9%)

Amazon.com

AAPL (6.0%)

Apple

Higher Rev Chg 3Y Avg (Value for VVX: 26.7%)

NVDA (91.6%)

NVIDIA

APP (36.0%)

AppLovin

PLTR (29.3%)

Palantir Technologies

MU (28.3%)

Micron Technology

SHOP (26.8%)

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Higher Op Mgn LTM (Value for VVX: 4.4%)

NVDA (58.8%)

NVIDIA

MSFT (46.3%)

Microsoft

GOOGL (32.2%)

Alphabet

AAPL (31.9%)

Apple

AMZN (11.4%)

Amazon.com

Higher CFO/Rev LTM (Value for VVX: 4.4%)

MSFT (50.0%)

Microsoft

NVDA (44.4%)

NVIDIA

GOOGL (39.3%)

Alphabet

AAPL (26.6%)

Apple

AMZN (18.1%)

Amazon.com

Higher FCF/Rev LTM (Value for VVX: 4.2%)

NVDA (41.3%)

NVIDIA

MSFT (26.6%)

Microsoft

META (23.7%)

Meta Platforms

AAPL (23.5%)

Apple

GOOGL (19.1%)

Alphabet

Higher Total Yield (Value for VVX: 4.5%)

XOM (9.2%)

Exxon Mobil

JNJ (7.5%)

Johnson & Johnson

JPM (6.4%)

JPMorgan Chase

BRK-B (6.3%)

Berkshire Hathaway

V (5.1%)

Visa

		Best Bets In Industrials Sector
	VVX	GATX	VRSK	PAYX	ADT	AGX	PCTY	TDG	FTV	VRRM	CSW
What You Pay
P/E	22.0	19.9	33.4	25.7	10.4	37.5	37.9	36.7	30.6	70.3	35.9
P/EBIT	9.5	9.6	22.8	17.7	5.2	37.6	27.2	18.1	14.9	20.8	27.7
What You Get
Rev Chg Q	7.9%	8.4%	5.9%	18.3%	4.4%	-2.3%	12.5%	11.5%	2.3%	16.1%	21.5%
Rev Chg LTM	5.1%	10.7%	7.3%	12.4%	6.3%	13.5%	13.3%	11.2%	27.9%	8.5%	14.9%
Rev Chg 3Y Avg	26.7%	10.3%	13.4%	7.9%	3.4%	26.9%	21.4%	17.7%	9.4%	9.1%	11.3%
FCF/Rev 3Y Avg	2.9%	39.2%	33.2%	32.6%	24.7%	24.5%	21.5%	21.0%	20.1%	19.0%	18.9%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 16%, alpha of 4.2%, and sharpe of 0.76

Latest Trefis Analyses

	Title	Topic
0	DASHBOARDS
1	V2X Earnings Notes
2	How Low Can V2X Stock Really Go?	Return
3	Why V2X Stock Moved: VVX Stock Has Gained 30% Since 2022 Fiscal End, Primarily Due To Favorable Change In Revenues
4	VVX Dip Buy Analysis
5	Should You Buy V2X Stock?	Buy or Fear
6	V2X (VVX) Valuation Ratios Comparison	Financials
7	V2X Total Shareholder Return (TSR): 3.0% in 2024 and ...% 3-yr compounded annual returns (below peer average)
8	V2X (VVX) Operating Cash Flow Comparison	Financials
9	V2X (VVX) Net Income Comparison	Financials
10	V2X (VVX) Operating Income Comparison	Financials

	Title
0	ARTICLES

Trade Ideas

Select ideas related to VVX. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
CNM_11212025_Dip_Buyer_FCFYield	11212025	CNM	Core & Main	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	18.3%	18.3%	-1.6%
VRRM_11212025_Dip_Buyer_FCFYield	11212025	VRRM	Verra Mobility	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	5.5%	5.5%	-1.2%
LII_11212025_Dip_Buyer_ValueBuy	11212025	LII	Lennox International	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	7.1%	7.1%	0.0%
ADP_11212025_Monopoly_xInd_xCD_Getting_Cheaper	11212025	ADP	Automatic Data Processing	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	2.9%	2.9%	-1.2%
CW_11212025_Quality_Momentum_RoomToRun_10%	11212025	CW	Curtiss-Wright	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	5.7%	5.7%	-0.4%

Recent Active Movers

Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
ZETA	Zeta Global	4.6	8.3%	15.1%
SGML	Sigma Lithium	1.6	7.3%	29.2%
USAS	Americas Gold And Silver	1.6	6.6%	557.6%
CPNG	Coupang	44.2	6.4%	10.4%
LION	Lionsgate Studios	2.7	4.6%	-69.9%
BBW	Build-A-Bear Workshop	0.8	4.4%	37.8%
XRAY	Dentsply Sirona	2.3	4.2%	-36.3%
BLMN	Bloomin Brands	0.6	3.8%	-41.2%
FUN	Six Flags Entertainment	1.5	3.8%	-69.1%
SVM	Silvercorp Metals	1.9	3.6%	198.0%

Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
FLY	Firefly Aerospace	3.3	-13.7%	-61.3%
TMC	TMC The Metals	2.5	-10.5%	508.9%
ORGO	Organogenesis	0.7	-10.1%	64.8%
AAOI	Applied Optoelectronics	2.4	-9.3%	0.8%
BKSY	BlackSky Technology	0.7	-9.0%	79.0%
LUNR	Intuitive Machines	1.8	-8.7%	-16.0%
RCAT	Red Cat	0.8	-8.7%	-35.4%
RGTI	Rigetti Computing	6.7	-8.7%	46.7%
RDW	Redwire	1.0	-8.6%	-56.6%
RKLB	Rocket Lab	36.4	-8.5%	177.4%

Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
OMER	Omeros	0.9	71.5%	59.0%
RZLT	Rezolute	0.3	44.3%	-45.5%
DVAX	Dynavax Technologies	1.8	41.5%	20.4%
LUNR	Intuitive Machines	1.8	40.6%	-16.0%
UAMY	United States Antimony	0.7	39.0%	252.5%
FOLD	Amicus Therapeutics	4.4	30.9%	51.3%
ADEA	Adeia	1.9	30.3%	23.0%
HUT	Hut 8	5.2	28.6%	142.3%
AAOI	Applied Optoelectronics	2.4	27.1%	0.8%
SGML	Sigma Lithium	1.6	24.9%	29.2%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TPL	Texas Pacific Land	6.6	-67.9%	-21.5%
LW	Lamb Weston	5.9	-29.0%	-35.3%
TLRY	Tilray Brands	10.2	-22.2%	-27.8%
TDUP	ThredUp	0.8	-18.2%	348.2%
LAB	Standard BioTools	0.5	-16.9%	-21.1%
OLMA	Olema Pharmaceuticals	2.2	-14.9%	349.9%
EVEX	Eve	1.4	-12.0%	-21.9%
IRON	Disc Medicine	2.8	-11.2%	26.7%
AVO	Mission Produce	0.8	-11.1%	-18.8%
CABO	Cable One	0.7	-10.6%	-67.4%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
TLRY	Tilray Brands	10.2	876.4%	-27.8%
HPP	Hudson Pacific Properties	4.7	452.7%	-51.0%
WVE	WAVE Life Sciences	2.9	139.2%	43.7%
TE	T1 Energy	1.1	106.7%	400.0%
VERA	Vera Therapeutics	3.4	82.1%	26.7%
OMER	Omeros	0.9	66.2%	59.0%
RKLB	Rocket Lab	36.4	65.8%	177.4%
PL	Planet Labs PBC	5.9	65.0%	379.2%
AAOI	Applied Optoelectronics	2.4	63.5%	0.8%
LUNR	Intuitive Machines	1.8	62.4%	-16.0%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
RZLT	Rezolute	0.3	-72.0%	-45.5%
JANX	Janux Therapeutics	0.9	-59.0%	-73.4%
FRMI	Fermi	5.3	-46.0%	-76.6%
LENZ	LENZ Therapeutics	0.5	-43.5%	-41.6%
GOGO	Gogo	0.6	-35.3%	-43.0%
HPK	HighPeak Energy	0.5	-33.9%	-70.4%
PACB	Pacific Biosciences of California	0.5	-32.7%	-3.3%
LDI	loanDepot	0.4	-29.6%	3.9%
ORIC	ORIC Pharmaceuticals	0.6	-29.0%	2.2%
LW	Lamb Weston	5.9	-28.6%	-35.3%

Peer Comparisons for V2X

Peers to compare with:

Financials

	VVX	HPQ	HPE	IBM	CSCO	AAPL	Median
Name	V2X	HP	Hewlett .	Internat.	Cisco Sy.	Apple
Mkt Price	55.75	23.26	24.49	305.09	78.16	273.40	66.95
Mkt Cap	1.8	21.9	32.6	284.9	309.2	4,074.4	158.8
Rev LTM	4,419	55,295	34,296	65,402	57,696	408,625	56,496
Op Inc LTM	194	3,624	1,644	11,544	12,991	130,214	7,584
FCF LTM	185	2,800	627	11,854	12,733	96,184	7,327
FCF 3Y Avg	122	2,978	1,400	11,753	13,879	100,503	7,366
CFO LTM	196	3,697	2,919	13,483	13,744	108,565	8,590
CFO 3Y Avg	139	3,672	3,896	13,498	14,736	111,559	8,697

Growth & Margins

	VVX	HPQ	HPE	IBM	CSCO	AAPL	Median
Name	V2X	HP	Hewlett .	Internat.	Cisco Sy.	Apple
Rev Chg LTM	5.1%	3.2%	13.8%	4.5%	8.9%	6.0%	5.5%
Rev Chg 3Y Avg	26.7%	-3.9%	6.5%	2.6%	3.7%	1.8%	3.2%
Rev Chg Q	7.9%	4.2%	14.4%	9.1%	7.5%	9.6%	8.5%
QoQ Delta Rev Chg LTM	2.0%	1.1%	3.7%	2.1%	1.8%	2.1%	2.0%
Op Mgn LTM	4.4%	6.6%	4.8%	17.7%	22.5%	31.9%	12.1%
Op Mgn 3Y Avg	3.6%	7.4%	7.2%	16.4%	24.2%	30.8%	11.9%
QoQ Delta Op Mgn LTM	0.0%	-0.2%	-1.4%	0.6%	0.4%	0.1%	0.1%
CFO/Rev LTM	4.4%	6.7%	8.5%	20.6%	23.8%	26.6%	14.6%
CFO/Rev 3Y Avg	3.3%	6.8%	12.7%	21.4%	26.1%	28.4%	17.1%
FCF/Rev LTM	4.2%	5.1%	1.8%	18.1%	22.1%	23.5%	11.6%
FCF/Rev 3Y Avg	2.9%	5.5%	4.6%	18.6%	24.6%	25.6%	12.1%

Valuation

	VVX	HPQ	HPE	IBM	CSCO	AAPL	Median
Name	V2X	HP	Hewlett .	Internat.	Cisco Sy.	Apple
Mkt Cap	1.8	21.9	32.6	284.9	309.2	4,074.4	158.8
P/S	0.4	0.4	1.0	4.4	5.4	10.0	2.7
P/EBIT	9.5	6.8	19.9	25.1	22.5	31.3	21.2
P/E	22.0	8.6	572.7	36.0	29.9	41.0	33.0
P/CFO	9.0	5.9	11.2	21.1	22.5	37.5	16.2
Total Yield	4.5%	14.1%	2.3%	5.0%	5.4%	2.8%	4.8%
Dividend Yield	0.0%	2.5%	2.1%	2.2%	2.1%	0.4%	2.1%
FCF Yield 3Y Avg	7.0%	10.6%	5.5%	6.4%	6.0%	3.1%	6.2%
D/E	0.6	0.5	0.7	0.2	0.1	0.0	0.4
Net D/E	0.5	0.3	0.6	0.2	0.0	0.0	0.3

Returns

	VVX	HPQ	HPE	IBM	CSCO	AAPL	Median
Name	V2X	HP	Hewlett .	Internat.	Cisco Sy.	Apple
1M Rtn	2.2%	-1.8%	14.4%	0.6%	2.7%	-1.5%	1.4%
3M Rtn	1.7%	-11.9%	2.7%	7.9%	17.0%	7.1%	4.9%
6M Rtn	15.4%	-4.0%	34.5%	6.6%	15.2%	36.3%	15.3%
12M Rtn	17.2%	-27.3%	14.2%	39.2%	33.7%	6.0%	15.7%
3Y Rtn	37.8%	-3.8%	67.7%	139.0%	79.5%	113.4%	73.6%
1M Excs Rtn	-0.9%	-5.6%	12.9%	-2.2%	-0.0%	-3.7%	-1.6%
3M Excs Rtn	-2.6%	-16.2%	-1.7%	3.6%	12.7%	2.8%	0.6%
6M Excs Rtn	3.2%	-16.3%	22.3%	-5.7%	3.0%	24.0%	3.1%
12M Excs Rtn	-0.9%	-42.9%	-0.7%	25.0%	19.9%	-8.4%	-0.8%
3Y Excs Rtn	-37.9%	-83.5%	-11.2%	59.6%	-1.2%	28.4%	-6.2%

FDIC Bank Data

Bank Capital

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Bank Deposits

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Bank Assets

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Bank Loans

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FDA Approved Drugs Data

Expand for Morenull

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End	9/26/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date	11/3/2025	2/24/2025	3/5/2024	3/2/2023	3/7/2022	3/2/2021	3/3/2020
Key Financials
Total Revenue	4,419	4,322	3,963	2,891	1,784	1,396	1,383
EBITDA	297	263	212	118	79	52	56
Operating Income	194	159	124	56	62	43	50
Net Income	80	35	-23	-14	46	37	33
EPS	2.54	1.10	-0.73	-0.68	3.91	3.19	2.90
Growth Rates
Total Revenue Growth	5.1%	9.1%	37.1%	62.1%	27.8%	0.9%	8.1%
EBITDA Growth	19.3%	23.9%	79.2%	50.7%	52.3%	-8.1%	8.1%
Operating Income Growth	33.0%	28.0%	123.1%	-10.1%	42.7%	-12.4%	3.3%
Net Income Growth	774.9%	253.7%	-57.5%	-131.3%	23.8%	11.4%	-5.4%
Margins
EBITDA Margin	6.7%	6.1%	5.4%	4.1%	4.4%	3.7%	4.1%
Operating Income Margin	4.4%	3.7%	3.1%	1.9%	3.5%	3.1%	3.6%
Net Income Margin	1.8%	0.8%	-0.6%	-0.5%	2.6%	2.6%	2.4%
Cash & Debt
Total Cash	182	268	73	116	39	67	35
Total Debt	1,137	1,153	1,164	1,333	151	198	85
Net Debt / (Cash)	955	884	1,091	1,217	113	131	50
Cash Flows
Net Cash from Operations	196	254	188	93	61	64	28
Free Cash from Operations	185	242	163	81	52	60	11
Returns to Shareholders
Dividends	0	-0	-0	-0	-0	-0	-0
Share Repurchases	-0	-0	-0	-0	-0	-0	-0

$ Mil \| FY: 12/31	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4
Period End	9/26/2025	6/27/2025	3/28/2025	12/31/2024	9/27/2024	6/28/2024	3/29/2024	12/31/2023	9/29/2023	6/30/2023	3/31/2023	12/31/2022
Filing Date	11/3/2025	8/4/2025	5/5/2025	2/24/2025	11/4/2024	8/6/2024	5/7/2024	3/5/2024	11/6/2023	8/8/2023	5/9/2023	3/2/2023
Key Financials Quarterly
Total Revenue	1,167	1,078	1,016	1,158	1,082	1,072	1,011	1,040	1,002	978	943	978
Ebitda	82	78	58	79	75	50	58	65	47	63	37	56
Operating Income	56	53	34	52	50	27	30	39	21	34	31	31
Net Income	25	22	8	25	15	-7	1	-0	-6	2	-17	-11
EPS	0.78	0.71	0.26	0.79	0.48	-0.21	0.04	-0.02	-0.21	0.06	-0.57	-0.47
Key Financials TTM
Total Revenue TTM	4,419	4,334	4,328	4,322	4,205	4,125	4,030	3,963	3,901	3,858	3,378	2,891
Ebitda TTM	297	291	263	263	249	221	233	212	203	190	146	118
Operating Income TTM	194	189	163	159	146	117	124	124	117	100	81	56
Net Income TTM	80	71	42	35	9	-12	-4	-23	-33	-43	-35	-14
Growth Rates Quarterly
Total Revenue Growth	7.9%	0.6%	0.5%	11.3%	8.0%	9.6%	7.1%	6.4%	4.5%	96.3%	106.7%	133.2%
EBITDA Growth	8.6%	54.6%	0.4%	21.1%	59.6%	-19.7%	57.4%	16.2%	38.5%	233.9%	300.7%	296.3%
Operating Income Growth	11.6%	93.0%	13.1%	33.8%	137.1%	-20.0%	-0.8%	24.2%	368.9%	128.1%	483.9%	209.7%
Net Income Growth	63.5%	442.2%	608.7%	5188.0%	335.2%	-463.8%	106.5%	95.4%	62.4%	-82.8%	-712.3%	-241.8%
Margins Quarterly
EBITDA Margin	7.0%	7.2%	5.7%	6.8%	7.0%	4.7%	5.7%	6.3%	4.7%	6.4%	3.9%	5.8%
Operating Income Margin	4.8%	4.9%	3.4%	4.5%	4.6%	2.6%	3.0%	3.7%	2.1%	3.5%	3.2%	3.2%
Net Income Margin	2.1%	2.1%	0.8%	2.2%	1.4%	-0.6%	0.1%	-0.0%	-0.6%	0.2%	-1.9%	-1.1%
Cash & Debt
Total Cash	182	190	169	268	60	45	36	73	78	70	62	116
Total Debt	1,137	1,137	1,142	1,153	1,143	1,190	1,202	1,164	1,204	1,241	1,345	1,333
Net Debt / (Cash)	955	946	973	884	1,083	1,145	1,166	1,091	1,125	1,171	1,282	1,217
Cash Flows Quarterly
FCF from Operations	39	29	-95	223	63	26	-57	53	57	117	-38	2
Cash Flows TTM
FCF from Operations TTM	196	219	216	254	84	78	169	188	137	152	81	93
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	9.8%	9.4%	6.4%	11.9%	8.3%	4.6%	6.3%	8.3%	2.5%	6.4%	4.5%	6.3%
Return on Invested Capital (ROIC) TTM
ROIC TTM	9.3%	9.1%	8.2%	8.6%	3.5%	6.1%	6.4%	6.2%	6.2%	5.1%	4.0%	2.8%

Segment Financials

Revenue by Segment

$ Mil	2024	2023	2022	2021	2020
Single segment	3,963	2,891	1,784	1,396	1,383
Total	3,963	2,891	1,784	1,396	1,383

Price Behavior

Price Behavior

Market Price	$55.75
Market Cap ($ Bil)	1.8
First Trading Date	09/29/2014
Distance from 52W High	-9.8%
	50 Days	200 Days
DMA Price	$55.85	$52.29
DMA Trend	up	down
Distance from DMA	-0.2%	6.6%
	3M	1YR
Volatility	32.4%	43.0%
Downside Capture	113.06	66.25
Upside Capture	98.45	72.28
Correlation (SPY)	50.9%	38.4%

VVX Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	1.05	1.31	1.30	1.11	0.87	0.82
Up Beta	1.20	1.92	2.03	1.72	0.98	0.96
Down Beta	0.84	1.53	1.72	1.30	0.86	0.83
Up Capture	67%	70%	59%	91%	56%	39%
Bmk +ve Days	13	26	39	74	142	427
Stock +ve Days	10	20	31	65	119	384
Down Capture	125%	127%	112%	76%	92%	90%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	10	22	32	59	127	363

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Based On 1-Year Data

		Comparison of VVX With Other Asset Classes (Last 1Y)
	VVX	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	13.8%	19.3%	17.8%	72.1%	8.6%	4.4%	-8.3%
Annualized Volatility	42.8%	18.8%	19.4%	19.3%	15.2%	17.0%	35.0%
Sharpe Ratio	0.41	0.80	0.72	2.70	0.34	0.09	-0.08
Correlation With Other Assets		46.7%	37.9%	3.5%	9.3%	37.1%	19.1%

ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data

		Comparison of VVX With Other Asset Classes (Last 5Y)
	VVX	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	2.4%	13.8%	14.7%	18.7%	11.5%	4.6%	30.8%
Annualized Volatility	41.5%	17.2%	17.1%	15.5%	18.7%	18.9%	48.7%
Sharpe Ratio	0.18	0.65	0.70	0.97	0.50	0.16	0.57
Correlation With Other Assets		42.8%	32.1%	5.0%	10.4%	28.4%	16.0%

Based On 10-Year Data

		Comparison of VVX With Other Asset Classes (Last 10Y)
	VVX	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	9.8%	13.5%	14.8%	15.3%	7.0%	5.3%	69.2%
Annualized Volatility	47.8%	19.9%	18.0%	14.7%	17.6%	20.8%	55.8%
Sharpe Ratio	0.39	0.60	0.71	0.86	0.32	0.22	0.90
Correlation With Other Assets		39.4%	33.4%	2.9%	15.2%	30.2%	11.2%

Short Interest

Short Interest: As Of Date	12152025
Short Interest: Shares Quantity	598,320
Short Interest: % Change Since 11302025	-17.2%
Average Daily Volume	360,610
Days-to-Cover Short Interest	1.66
Basic Shares Quantity	31,617,000
Short % of Basic Shares	1.9%

Returns Analyses

	Title
0	How Low Can V2X Stock Really Go?

Earnings Returns History

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	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
11/3/2025	-2.2%	-3.7%	-2.8%
8/4/2025	15.2%	9.1%	14.0%
5/5/2025	-2.1%	5.1%	-9.4%
2/24/2025	15.7%	8.9%	21.0%
11/4/2024	1.2%	11.0%	-3.2%
8/6/2024	-2.8%	0.2%	13.4%
3/5/2024	12.6%	14.1%	18.2%
11/6/2023	-20.8%	-18.6%	-14.8%
...
SUMMARY STATS
# Positive	9	11	9
# Negative	11	9	11
Median Positive	5.8%	6.5%	13.4%
Median Negative	-2.8%	-8.1%	-10.9%
Max Positive	33.2%	34.5%	21.0%
Max Negative	-20.8%	-25.5%	-25.6%

	Forward Returns
11/3/2025	-2.2%	-3.7%	-2.8%
8/4/2025	15.2%	9.1%	14.0%
5/5/2025	-2.1%	5.1%	-9.4%
2/24/2025	15.7%	8.9%	21.0%
11/4/2024	1.2%	11.0%	-3.2%
8/6/2024	-2.8%	0.2%	13.4%
3/5/2024	12.6%	14.1%	18.2%
11/6/2023	-20.8%	-18.6%	-14.8%
8/8/2023	2.2%	-3.3%	-10.9%
5/9/2023	-0.4%	-8.1%	2.9%
8/9/2022	33.2%	34.5%	13.7%
3/7/2022	-10.3%	-25.5%	-18.0%
11/9/2021	-0.9%	-5.8%	-18.4%
8/10/2021	5.8%	6.5%	6.0%
5/11/2021	0.8%	3.6%	-1.8%
3/2/2021	3.9%	3.9%	-3.8%
11/10/2020	-1.1%	1.8%	11.7%
8/11/2020	-9.7%	-21.1%	-24.4%
5/12/2020	-7.2%	-0.5%	11.1%
3/3/2020	-3.5%	-12.6%	-25.6%
SUMMARY STATS
# Positive	9	11	9
# Negative	11	9	11
Median Positive	5.8%	6.5%	13.4%
Median Negative	-2.8%	-8.1%	-10.9%
Max Positive	33.2%	34.5%	21.0%
Max Negative	-20.8%	-25.5%	-25.6%

SEC Filings

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Report Date	Filing Date	Filing
9302025	11032025	10-Q 9/26/2025
6302025	8042025	10-Q 6/27/2025
3312025	5052025	10-Q 3/28/2025
12312024	2242025	10-K 12/31/2024
9302024	11042024	10-Q 9/27/2024
6302024	8062024	10-Q 6/28/2024
3312024	5072024	10-Q 3/29/2024
12312023	3052024	10-K 12/31/2023
9302023	11062023	10-Q 9/29/2023
6302023	8082023	10-Q 6/30/2023
3312023	5092023	10-Q 3/31/2023
12312022	3022023	10-K 12/31/2022
9302022	11082022	10-Q 9/30/2022
6302022	8092022	10-Q 7/1/2022
3312022	5102022	10-Q 4/1/2022
12312021	3072022	10-K 12/31/2021

Insider Activity

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External Quote Links

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1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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V2X (VVX)

Market Price (12/27/2025): $55.75 | Market Cap: $1.8 BilSector: Industrials | Industry: Aerospace & Defense

V2X (VVX)

Market Price (12/27/2025): $55.75Market Cap: $1.8 BilSector: IndustrialsIndustry: Aerospace & Defense

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

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VVX Stock

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About V2X (VVX)

Interactive Breakdown

Better Bets than V2X (VVX)

INDUSTRY: Aerospace & Defense

Higher Rev Chg 3Y Avg | Lower P/S (Values for VVX: 26.7% | 0.4x)

Higher Rev Chg LTM (Value for VVX: 5.1%)

Higher Rev Chg 3Y Avg (Value for VVX: 26.7%)

Higher Op Mgn LTM (Value for VVX: 4.4%)

Higher CFO/Rev LTM (Value for VVX: 4.4%)

Higher FCF/Rev LTM (Value for VVX: 4.2%)

Higher Total Yield (Value for VVX: 4.5%)

SECTOR: Industrials

Higher Rev Chg 3Y Avg | Lower P/S (Values for VVX: 26.7% | 0.4x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for VVX: 26.7% | 9.1x)

Higher Rev Chg LTM (Value for VVX: 5.1%)

Higher Rev Chg 3Y Avg (Value for VVX: 26.7%)

Higher Op Mgn LTM (Value for VVX: 4.4%)

Higher CFO/Rev LTM (Value for VVX: 4.4%)

Higher FCF/Rev LTM (Value for VVX: 4.2%)

Higher Total Yield (Value for VVX: 4.5%)

All Other Sectors

Higher Rev Chg 3Y Avg | Lower P/S (Values for VVX: 26.7% | 0.4x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for VVX: 26.7% | 9.1x)

Higher Rev Chg LTM (Value for VVX: 5.1%)

Higher Rev Chg 3Y Avg (Value for VVX: 26.7%)

Higher Op Mgn LTM (Value for VVX: 4.4%)

Higher CFO/Rev LTM (Value for VVX: 4.4%)

Higher FCF/Rev LTM (Value for VVX: 4.2%)

Higher Total Yield (Value for VVX: 4.5%)

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Market Price (12/27/2025): $55.75 | Market Cap: $1.8 Bil
Sector: Industrials | Industry: Aerospace & Defense

Market Price (12/27/2025): $55.75
Market Cap: $1.8 Bil
Sector: Industrials
Industry: Aerospace & Defense