Companies / Utilities
VST
Vistra Corp.
Electric Utilities
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health56
Growth64
Profitability38
Cash generation65
Balance sheet20
Dilution control92
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)25.4%Revenue growth (FY)19.1%Revenue CAGR (3y)4.0%Gross margin—Operating margin10.8%Net margin5.4%Free cash flow margin7.5%R&D / revenue—Stock comp / revenue0.6%Net debt / operating cash flow4.44xCurrent ratio0.78Diluted share count change-2.0%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $17.7B | $15.6B | $13.8B | $14.8B | $17.6B |
| Operating income | -$1.5B | -$1.2B | $2.7B | $4.1B | $1.9B |
| Net income | -$1.3B | -$1.2B | $1.5B | $2.7B | $944M |
| Operating cash flow | -$206M | $485M | $5.5B | $4.6B | $4.1B |
| Capital expenditure | $1.0B | $1.3B | $1.7B | $2.1B | $2.8B |
| Free cash flow | -$1.2B | -$816M | $3.8B | $2.5B | $1.3B |
| Stock-based comp | $47M | $63M | $77M | $100M | $113M |
| Buybacks | $471M | $1.9B | $1.2B | $1.3B | $1.0B |
| Dividends | $290M | $302M | $313M | $305M | $306M |
| Cash | $1.3B | $455M | $3.5B | $1.2B | $785M |
| Total debt | $10.5B | $12.6B | $14.4B | $16.3B | $18.8B |
| Equity | $8.3B | $4.9B | $5.3B | $5.6B | $5.1B |
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