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Side-by-side financial comparison of Alpha Metallurgical Resources, Inc. (AMR) and VSE CORP (VSEC). Click either name above to swap in a different company.

Alpha Metallurgical Resources, Inc. is the larger business by last-quarter revenue ($519.1M vs $301.2M, roughly 1.7× VSE CORP). VSE CORP runs the higher net margin — 4.5% vs -3.3%, a 7.8% gap on every dollar of revenue. On growth, VSE CORP posted the faster year-over-year revenue change (0.7% vs -15.7%). VSE CORP produced more free cash flow last quarter ($30.9M vs $-10.0M). Over the past eight quarters, VSE CORP's revenue compounded faster (11.7% CAGR vs -22.4%).

Alpha Metallurgical Resources, formerly Contura Energy, is a leading coal supplier with underground and surface coal mining complexes across Northern and Central Appalachia. Contura owns large coal basins in Pennsylvania, Virginia and West Virginia which supply both metallurgical coal to produce steel and thermal coal to generate power.

VSE Corporation is a leading provider of aftermarket distribution and repair services. Operating through its two key segments, VSE significantly enhances the productivity and longevity of its customers' high-value, business-critical assets. The aviation segment is a leading provider of aftermarket parts distribution and maintenance, repair, and overhaul (MRO) services for components and engine accessories to commercial, business, and general aviation operators. The fleet segment specializes i...

AMR vs VSEC — Head-to-Head

Bigger by revenue
AMR
AMR
1.7× larger
AMR
$519.1M
$301.2M
VSEC
Growing faster (revenue YoY)
VSEC
VSEC
+16.4% gap
VSEC
0.7%
-15.7%
AMR
Higher net margin
VSEC
VSEC
7.8% more per $
VSEC
4.5%
-3.3%
AMR
More free cash flow
VSEC
VSEC
$40.9M more FCF
VSEC
$30.9M
$-10.0M
AMR
Faster 2-yr revenue CAGR
VSEC
VSEC
Annualised
VSEC
11.7%
-22.4%
AMR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AMR
AMR
VSEC
VSEC
Revenue
$519.1M
$301.2M
Net Profit
$-17.3M
$13.6M
Gross Margin
Operating Margin
-4.1%
10.8%
Net Margin
-3.3%
4.5%
Revenue YoY
-15.7%
0.7%
Net Profit YoY
-711.2%
3.9%
EPS (diluted)
$-1.35
$0.64

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMR
AMR
VSEC
VSEC
Q4 25
$519.1M
$301.2M
Q3 25
$525.2M
$282.9M
Q2 25
$548.7M
$272.1M
Q1 25
$529.7M
$256.0M
Q4 24
$615.4M
$299.0M
Q3 24
$669.8M
$273.6M
Q2 24
$800.1M
$266.0M
Q1 24
$861.3M
$241.5M
Net Profit
AMR
AMR
VSEC
VSEC
Q4 25
$-17.3M
$13.6M
Q3 25
$-5.5M
$3.9M
Q2 25
$-5.0M
$3.2M
Q1 25
$-33.9M
$-9.0M
Q4 24
$-2.1M
$13.1M
Q3 24
$3.8M
$11.7M
Q2 24
$58.9M
$-2.8M
Q1 24
$127.0M
$-6.6M
Operating Margin
AMR
AMR
VSEC
VSEC
Q4 25
-4.1%
10.8%
Q3 25
-0.5%
3.6%
Q2 25
0.5%
8.3%
Q1 25
-7.6%
9.6%
Q4 24
1.6%
9.2%
Q3 24
0.8%
8.7%
Q2 24
8.8%
2.3%
Q1 24
16.5%
10.0%
Net Margin
AMR
AMR
VSEC
VSEC
Q4 25
-3.3%
4.5%
Q3 25
-1.1%
1.4%
Q2 25
-0.9%
1.2%
Q1 25
-6.4%
-3.5%
Q4 24
-0.3%
4.4%
Q3 24
0.6%
4.3%
Q2 24
7.4%
-1.0%
Q1 24
14.7%
-2.7%
EPS (diluted)
AMR
AMR
VSEC
VSEC
Q4 25
$-1.35
$0.64
Q3 25
$-0.42
$0.19
Q2 25
$-0.38
$0.16
Q1 25
$-2.60
$-0.44
Q4 24
$-0.09
$0.79
Q3 24
$0.29
$0.63
Q2 24
$4.49
$-0.16
Q1 24
$9.59
$-0.41

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMR
AMR
VSEC
VSEC
Cash + ST InvestmentsLiquidity on hand
$415.6M
$69.4M
Total DebtLower is stronger
$9.8M
$292.8M
Stockholders' EquityBook value
$1.5B
$1.4B
Total Assets
$2.3B
$2.0B
Debt / EquityLower = less leverage
0.01×
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMR
AMR
VSEC
VSEC
Q4 25
$415.6M
$69.4M
Q3 25
$457.9M
$8.8M
Q2 25
$449.0M
$16.9M
Q1 25
$448.0M
$5.7M
Q4 24
$481.6M
$29.0M
Q3 24
$484.6M
$7.9M
Q2 24
$336.1M
$19.0M
Q1 24
$269.4M
$10.6M
Total Debt
AMR
AMR
VSEC
VSEC
Q4 25
$9.8M
$292.8M
Q3 25
$2.9M
$356.1M
Q2 25
$3.1M
$379.2M
Q1 25
$2.4M
$465.0M
Q4 24
$2.9M
$430.2M
Q3 24
$3.6M
$450.3M
Q2 24
$5.3M
$463.5M
Q1 24
$6.0M
$481.6M
Stockholders' Equity
AMR
AMR
VSEC
VSEC
Q4 25
$1.5B
$1.4B
Q3 25
$1.6B
$983.3M
Q2 25
$1.6B
$979.5M
Q1 25
$1.6B
$975.7M
Q4 24
$1.6B
$988.2M
Q3 24
$1.7B
$787.8M
Q2 24
$1.6B
$781.3M
Q1 24
$1.6B
$612.7M
Total Assets
AMR
AMR
VSEC
VSEC
Q4 25
$2.3B
$2.0B
Q3 25
$2.3B
$1.6B
Q2 25
$2.4B
$1.6B
Q1 25
$2.4B
$1.7B
Q4 24
$2.4B
$1.7B
Q3 24
$2.5B
$1.5B
Q2 24
$2.5B
$1.5B
Q1 24
$2.5B
$1.3B
Debt / Equity
AMR
AMR
VSEC
VSEC
Q4 25
0.01×
0.20×
Q3 25
0.00×
0.36×
Q2 25
0.00×
0.39×
Q1 25
0.00×
0.48×
Q4 24
0.00×
0.44×
Q3 24
0.00×
0.57×
Q2 24
0.00×
0.59×
Q1 24
0.00×
0.79×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMR
AMR
VSEC
VSEC
Operating Cash FlowLast quarter
$19.0M
$37.6M
Free Cash FlowOCF − Capex
$-10.0M
$30.9M
FCF MarginFCF / Revenue
-1.9%
10.3%
Capex IntensityCapex / Revenue
5.6%
2.2%
Cash ConversionOCF / Net Profit
2.77×
TTM Free Cash FlowTrailing 4 quarters
$17.8M
$5.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMR
AMR
VSEC
VSEC
Q4 25
$19.0M
$37.6M
Q3 25
$50.5M
$24.1M
Q2 25
$53.2M
$11.9M
Q1 25
$22.2M
$-46.6M
Q4 24
$56.3M
$55.4M
Q3 24
$189.5M
$10.2M
Q2 24
$138.1M
$-17.5M
Q1 24
$196.1M
$-79.1M
Free Cash Flow
AMR
AMR
VSEC
VSEC
Q4 25
$-10.0M
$30.9M
Q3 25
$25.4M
$18.0M
Q2 25
$18.6M
$6.3M
Q1 25
$-16.3M
$-49.5M
Q4 24
$13.6M
$52.1M
Q3 24
$158.0M
$4.4M
Q2 24
$77.0M
$-21.5M
Q1 24
$132.5M
$-86.8M
FCF Margin
AMR
AMR
VSEC
VSEC
Q4 25
-1.9%
10.3%
Q3 25
4.8%
6.4%
Q2 25
3.4%
2.3%
Q1 25
-3.1%
-19.3%
Q4 24
2.2%
17.4%
Q3 24
23.6%
1.6%
Q2 24
9.6%
-8.1%
Q1 24
15.4%
-35.9%
Capex Intensity
AMR
AMR
VSEC
VSEC
Q4 25
5.6%
2.2%
Q3 25
4.8%
2.1%
Q2 25
6.3%
2.1%
Q1 25
7.3%
1.1%
Q4 24
6.9%
1.1%
Q3 24
4.7%
2.1%
Q2 24
7.6%
1.5%
Q1 24
7.4%
3.2%
Cash Conversion
AMR
AMR
VSEC
VSEC
Q4 25
2.77×
Q3 25
6.16×
Q2 25
3.72×
Q1 25
Q4 24
4.24×
Q3 24
49.81×
0.87×
Q2 24
2.34×
Q1 24
1.54×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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