Vistra Corp. (VST) 10-Year Financial Performance & Capital Metrics

VST • • Utilities

UtilitiesIndependent PowerIntegrated Power ProducersMajor US Integrated Utilities

AboutVistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across 20 states in the United States and the District of Columbia. The company is also involved in the electricity generation, wholesale energy purchases and sales, commodity risk management, fuel production, and fuel logistics management activities. It serves approximately 4.3 million customers with a generation capacity of approximately 38,700 megawatts with a portfolio of natural gas, nuclear, coal, solar, and battery energy storage facilities. The company was formerly known as Vistra Energy Corp. and changed its name to Vistra Corp. in July 2020. Vistra Corp. was founded in 1882 and is based in Irving, Texas.Show more

Revenue $19.38B +24.7%
EBITDA $8.86B +53.3%
Net Income $2.66B +78.1%
Free Cash Flow -$713M -118.9%
EBITDA Margin 45.72% +22.9%
Net Margin 13.72% +42.9%
ROE 48.77% +67.2%
Interest Coverage 5.69 +9.0%
Debt/Equity 3.11 +12.7%
Net Debt/EBITDA 1.83 -5.8%
CapEx / Revenue 27.23% +152.5%
CapEx Coverage 0.86 -73.4%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y profit CAGR of 23.4%
✓Strong Piotroski F-Score: 7/9
✓Strong interest coverage of 5.7x
✓Good 3Y average ROE of 19.8%
✓Share count reduced 6.0% through buybacks

✗Weaknesses

✗High debt to equity ratio of 3.1x
✗Expensive at 10.7x book value

Price & Volume

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Growth Metrics

Revenue CAGR

10Y12.48%

5Y10.99%

3Y13.27%

TTM41.2%

Profit (Net Income) CAGR

10Y-

5Y23.43%

3Y-

TTM-43.36%

EPS CAGR

10Y-

5Y30.35%

3Y-

TTM-78.4%

ROCE

10Y Avg7.49%

5Y Avg10.94%

3Y Avg17.43%

Latest23.73%

Peer Comparison

Major US Integrated Utilities

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
NRGNRG Energy, Inc.	28.71B	149.83	30.03	-2.4%	4.84%	73.15%	6.39%	4.44
VSTVistra Corp.	57.25B	168.97	24.14	24.67%	5.3%	22.06%		3.11

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Revenue+	5.37B	5.26B	5.38B	10.05B	11.5B	11.06B	13.33B	17.84B	15.54B	19.38B
Revenue Growth %	-0.1%	-0.02%	0.02%	0.87%	0.14%	-0.04%	0.21%	0.34%	-0.13%	0.25%
Cost of Revenue	4.38B	4.34B	4.62B	7.8B	8.94B	8.56B	13.27B	14.02B	10.37B	11.68B
Gross Profit+	992M	918M	761M	2.24B	2.56B	2.5B	60M	3.81B	5.17B	7.69B
Gross Margin %	-	-	-	-	-	-	-	-	-	-
Gross Profit Growth %	0.04%	-0.07%	-0.17%	1.95%	0.14%	-0.02%	-0.98%	62.57%	0.36%	0.49%
Operating Expenses+	676M	647M	600M	891M	900M	1.02B	1.05B	1.18B	1.26B	1.47B
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-
EBITDA+	1.31B	1.09B	996M	2.95B	3.47B	3.46B	988M	4.63B	5.78B	8.86B
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
EBITDA Growth %	-0.22%	-0.17%	-0.08%	1.96%	0.18%	-0%	-0.71%	3.69%	0.25%	0.53%
Depreciation & Amortization+	995M	817M	835M	1.6B	1.81B	1.98B	1.98B	1.99B	1.87B	2.63B
D&A / Revenue %	-	-	-	-	-	-	-	-	-	-
Operating Income (EBIT)+	316M	271M	161M	1.35B	1.66B	1.48B	-988M	2.64B	3.91B	6.23B
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.3%	-0.14%	-0.41%	7.4%	0.23%	-0.11%	-1.67%	3.67%	0.48%	0.59%
Interest Expense+	1.29B	1.1B	224M	529M	381M	296M	598M	853M	749M	1.09B
Interest Coverage	0.25x	0.25x	0.72x	2.56x	4.35x	5.01x	-1.65x	3.09x	5.22x	5.69x
Interest / Revenue %	-	-	-	-	-	-	-	-	-	-
Non-Operating Income	-1000K	1000K	1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K
Pretax Income+	-5.56B	21.35B	250M	-101M	1.22B	890M	-1.72B	-1.56B	2B	3.47B
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	-879M	-1.34B	504M	-45M	290M	266M	-458M	-350M	508M	655M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	-4.68B	22.69B	-254M	-54M	928M	636M	-1.27B	-1.23B	1.49B	2.66B
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.25%	5.85%	-1.01%	0.79%	18.19%	-0.31%	-3%	0.04%	2.22%	0.78%
EPS (Diluted)+	-10.94	53.06	-0.59	-0.11	1.86	1.30	-2.62	-2.86	3.58	7.00
EPS Growth %	0.25%	5.85%	-1.01%	0.81%	17.91%	-0.3%	-3.02%	-0.09%	2.25%	0.96%
EPS (Basic)	-10.94	53.06	-0.59	-0.11	1.88	1.30	-2.62	-2.86	3.63	7.16
Diluted Shares Outstanding	427.5M	427.58M	427.76M	504.95M	499.94M	491.09M	482.21M	422.45M	375.19M	352.57M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Assets+	15.66B	15.17B	14.6B	26.02B	26.62B	25.21B	29.68B	32.79B	32.97B	37.77B
Asset Growth %	-0.27%	-0.03%	-0.04%	0.78%	0.02%	-0.05%	0.18%	0.1%	0.01%	0.15%
PP&E (Net)+	9.35B	4.45B	4.82B	14.62B	13.96B	13.54B	13.1B	12.61B	12.43B	18.17B
PP&E / Total Assets %	-	-	-	-	-	-	-	-	-	-
Total Current Assets+	3.45B	2.47B	2.67B	3.44B	4.11B	3.43B	7.88B	11.12B	11.64B	8.12B
Cash & Equivalents	1.4B	843M	1.49B	636M	300M	406M	1.32B	455M	3.48B	1.19B
Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Inventory	428M	285M	253M	412M	469M	515M	610M	570M	740M	970M
Other Current Assets	1.05B	658M	279M	1.15B	1.68B	1.02B	3.8B	8.01B	5.73B	3.97B
Long-Term Investments	962M	1.06B	1.24B	1.38B	1.66B	1.76B	2.05B	1.73B	2.04B	4.51B
Goodwill	152M	1.91B	1.91B	2.07B	2.55B	2.58B	2.58B	2.58B	2.58B	2.81B
Intangible Assets	1.17B	3.2B	2.53B	2.49B	2.75B	2.44B	2.15B	1.96B	1.86B	2.21B
Other Assets	566M	953M	720M	699M	516M	609M	624M	1.09B	1.19B	1.94B
Total Liabilities	38.54B	8.57B	8.26B	18.16B	18.66B	16.85B	21.39B	27.87B	27.64B	32.19B
Total Debt+	1.44B	4.62B	4.42B	11.4B	11.31B	9.88B	11.01B	13.34B	14.68B	17.36B
Net Debt	44M	3.78B	2.94B	10.77B	11.01B	9.48B	9.68B	12.88B	11.2B	16.18B
Long-Term Debt	3M	4.58B	4.38B	10.87B	10.1B	9.23B	10.48B	11.93B	12.12B	15.42B
Short-Term Borrowings	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Capital Lease Obligations	0	2M	0	0	133M	254M	278M	290M	275M	316M
Total Current Liabilities+	2.81B	1.5B	1.35B	3.63B	4.57B	3.04B	5.84B	10.34B	9.82B	8.43B
Accounts Payable	514M	479M	473M	945M	947M	880M	1.51B	1.56B	1.15B	1.51B
Accrued Expenses	120M	33M	16M	77M	151M	131M	143M	160M	206M	193M
Deferred Revenue	0	0	4M	4M	0	0	0	0	0	0
Other Current Liabilities	628M	787M	620M	1.88B	2.18B	1.4B	3.72B	7.3B	5.97B	4.89B
Deferred Taxes	1000K	0	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Liabilities	35.47B	2.49B	2.53B	3.64B	3.85B	4.32B	4.79B	5.3B	5.43B	7.32B
Total Equity+	-22.88B	6.6B	6.34B	7.87B	7.96B	8.36B	8.29B	4.92B	5.32B	5.58B
Equity Growth %	-0.26%	1.29%	-0.04%	0.24%	0.01%	0.05%	-0.01%	-0.41%	0.08%	0.05%
Shareholders Equity	-22.88B	6.6B	6.34B	7.86B	7.96B	8.37B	8.29B	4.9B	5.31B	5.57B
Minority Interest	0	0	0	4M	1M	-10M	1M	16M	15M	13M
Common Stock	0	4M	4M	5M	5M	5M	5M	5M	5M	5M
Additional Paid-in Capital	0	7.74B	7.76B	10.11B	9.72B	9.79B	9.82B	9.93B	10.1B	9.44B
Retained Earnings	0	-1.16B	-1.41B	-1.45B	-764M	-399M	-1.96B	-3.64B	-2.61B	-454M
Accumulated OCI	-22.88B	6M	-17M	-22M	-30M	-48M	-16M	7M	6M	20M
Return on Assets (ROA)	-0.25%	1.47%	-0.02%	-0%	0.04%	0.02%	-0.05%	-0.04%	0.05%	0.08%
Return on Equity (ROE)	-	3.44%	-0.04%	-0.01%	0.12%	0.08%	-0.15%	-0.19%	0.29%	0.49%
Debt / Equity	-	0.70x	0.70x	1.45x	1.42x	1.18x	1.33x	2.71x	2.76x	3.11x
Debt / Assets	0.09%	0.3%	0.3%	0.44%	0.43%	0.39%	0.37%	0.41%	0.45%	0.46%
Net Debt / EBITDA	0.03x	3.47x	2.95x	3.65x	3.17x	2.74x	9.80x	2.78x	1.94x	1.83x
Book Value per Share	-53.53	15.43	14.83	15.58	15.92	17.03	17.2	11.64	14.18	15.84

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	237M	-157M	1.39B	1.47B	2.74B	3.34B	-206M	485M	5.45B	4.56B
Operating CF Growth %	-0.47%	-1.66%	9.83%	0.06%	0.86%	0.22%	-1.06%	3.35%	10.24%	-0.16%
Operating CF / Revenue %	-	-	-	-	-	-	-	-	-	-
Net Income	-4.68B	-819M	-254M	-56M	926M	624M	-1.26B	-1.21B	1.49B	2.81B
Depreciation & Amortization	995M	817M	835M	1.53B	1.88B	2.05B	2.05B	2.05B	1.96B	2.63B
Deferred Taxes	-883M	-52M	205M	17M	318M	225M	-528M	-231M	621M	612M
Other Non-Cash Items	4.68B	350M	321M	384M	-524M	329M	792M	2.39B	-282M	-1.18B
Working Capital Changes	126M	-411M	279M	-480M	93M	46M	-1.3B	-2.58B	1.59B	-416M
Capital Expenditures+	-460M	-1.47B	-531M	-496M	-1.72B	-1.26B	-1.03B	-1.3B	-1.68B	-5.28B
CapEx / Revenue %	-	-	-	-	-	-	-	-	-	-
CapEx / D&A	-	-	-	-	-	-	-	-	-	-
CapEx Coverage (OCF/CapEx)	-	-	-	-	-	-	-	-	-	-
Cash from Investing+	-650M	-1.47B	-541M	-101M	-1.72B	-1.57B	-1.15B	-1.24B	-2.15B	-5.28B
Acquisitions	0	-1.34B	-355M	445M	-880M	0	0	0	0	-3.06B
Purchase of Investments	-418M	-245M	-272M	-274M	-453M	-455M	-505M	-693M	-624M	-2.24B
Sale of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Investing	-510M	103M	-290M	-406M	-726M	-291M	-98M	85M	-446M	-110M
Cash from Financing+	-30M	1.06B	-201M	-2.72B	-1.24B	-1.8B	2.27B	-80M	-294M	-1.6B
Dividends Paid	0	-992M	-1.5B	0	-243M	-266M	-290M	-453M	-463M	-478M
Dividend Payout Ratio %	-	0.04%	-	-	0.26%	0.42%	-	-	0.21%	0.11%
Debt Issuance (Net)	-1000K	1000K	-1000K	-1000K	-1000K	-1000K	1000K	1000K	1000K	1000K
Stock Issued	0	69M	0	0	0	0	0	0	0	0
Share Repurchases	0	0	0	-763M	-656M	0	-471M	-1.95B	-1.25B	-1.27B
Other Financing	-9M	-183M	-10M	-224M	-86M	-172M	-334M	425M	-401M	-1.39B
Net Change in Cash+	-443M	-557M	644M	-1.35B	-218M	-31M	915M	-834M	3.01B	-2.32B
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	1.84B	1.4B	843M	2.05B	693M	475M	444M	1.36B	525M	3.54B
Cash at End	1.4B	843M	1.49B	693M	475M	444M	1.36B	525M	3.54B	1.22B
Free Cash Flow+	-223M	-1.62B	855M	975M	1.02B	2.08B	-1.24B	-816M	3.78B	-713M
FCF Growth %	-8.19%	-6.27%	1.53%	0.14%	0.05%	1.04%	-1.6%	0.34%	5.63%	-1.19%
FCF Margin %	-	-	-	-	-	-	-	-	-	-
FCF / Net Income %	-	-	-	-	-	-	-	-	-	-

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	343.91%	-3.93%	-0.76%	11.73%	7.79%	-15.3%	-18.58%	29.16%	48.77%
EBITDA Margin	24.41%	20.69%	18.51%	29.39%	30.17%	31.27%	7.41%	25.97%	37.19%	45.72%
Net Debt / EBITDA	0.03x	3.47x	2.95x	3.65x	3.17x	2.74x	9.80x	2.78x	1.94x	1.83x
Interest Coverage	0.25x	0.25x	0.72x	2.56x	4.35x	5.01x	-1.65x	3.09x	5.22x	5.69x
CapEx / Revenue	2.29%	27.86%	1.15%	1.17%	14.93%	11.38%	7.75%	7.29%	10.78%	27.23%
Dividend Payout Ratio	-	4.37%	-	-	26.19%	41.82%	-	-	20.96%	11.47%
Debt / Equity	-	0.70x	0.70x	1.45x	1.42x	1.18x	1.33x	2.71x	2.76x	3.11x
EPS Growth	24.91%	585.01%	-101.11%	81.36%	1790.91%	-30.11%	-301.54%	-9.16%	225.17%	95.53%

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024
Retail Energy Charge In ERCOT	-	-	-	-	-	7.67B	8.06B
Retail Energy Charge In ERCOT Growth	-	-	-	-	-	-	5.08%
Retail Energy Charge In Northeast/Midwest	-	-	-	-	-	1.64B	3.6B
Retail Energy Charge In Northeast/Midwest Growth	-	-	-	-	-	-	118.94%
Total Other Revenues	-2.6B	-3.83B	-	-	-4.75B	975M	2.46B
Total Other Revenues Growth	-	-47.35%	-	-	-	120.51%	152.62%
Wholesale Generation Revenue From ERCOT	167M	193M	-	-	-	2.91B	1.98B
Wholesale Generation Revenue From ERCOT Growth	-	15.57%	-	-	-	-	-32.00%
Revenue From Other Wholesale Contracts	6M	9M	-	-	-	1.48B	1.05B
Revenue From Other Wholesale Contracts Growth	-	50.00%	-	-	-	-	-29.10%
Capacity Revenue	30M	-	-	-	-	98M	74M
Capacity Revenue Growth	-	-	-	-	-	-	-24.49%
Intersegment Sales	-	-	-	-	-	-	-7.51B
Intersegment Sales Growth	-	-	-	-	-	-	-
Hedging And Other Revenues	7M	132M	-	-	1M	971M	-
Hedging And Other Revenues Growth	-	1785.71%	-	-	-	97000.00%	-
Affiliate Sales	-2.61B	-3.97B	-	-	-4.75B	-	-
Affiliate Sales Growth	-	-52.17%	-	-	-	-	-
Retail Contract Amortization	-	4M	-	-	-	-6M	-
Retail Contract Amortization Growth	-	-	-	-	-	-	-
Retail	-	-	8.27B	7.87B	-	-	-
Retail Growth	-	-	-	-4.82%	-	-	-
Texas	-	-	4.12B	2.79B	-	-	-
Texas Growth	-	-	-	-32.22%	-	-	-
Sunset	-	-	1.25B	739M	-	-	-
Sunset Growth	-	-	-	-40.97%	-	-	-
West	-	-	282M	374M	-	-	-
West Growth	-	-	-	32.62%	-	-	-
Asset Closure	-	-	3M	-	-	-	-
Asset Closure Growth	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Vistra Corp. (VST) has a price-to-earnings (P/E) ratio of 24.1x. This is roughly in line with market averages.

Growth & Financials

Vistra Corp. (VST) reported $21.75B in revenue for fiscal year 2024. This represents a 286% increase from $5.64B in 2012.

Vistra Corp. (VST) grew revenue by 24.7% over the past year. This is strong growth.

Yes, Vistra Corp. (VST) is profitable, generating $1.15B in net income for fiscal year 2024 (13.7% net margin).

Dividend & Returns

Yes, Vistra Corp. (VST) pays a dividend with a yield of 0.51%. This makes it attractive for income-focused investors.

Vistra Corp. (VST) has a return on equity (ROE) of 48.8%. This is excellent, indicating efficient use of shareholder capital.

Vistra Corp. (VST) generated $2.98B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Industry Metrics

Vistra Corp. (VST) has a dividend payout ratio of 11%. This suggests the dividend is well-covered and sustainable.

US Stock Screener

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Vistra Corp. (VST) 10-Year Financial Performance & Capital Metrics

VST • • Utilities

UtilitiesIndependent PowerIntegrated Power ProducersMajor US Integrated Utilities

Revenue $19.38B +24.7%
EBITDA $8.86B +53.3%
Net Income $2.66B +78.1%
Free Cash Flow -$713M -118.9%
EBITDA Margin 45.72% +22.9%
Net Margin 13.72% +42.9%
ROE 48.77% +67.2%
Interest Coverage 5.69 +9.0%
Debt/Equity 3.11 +12.7%
Net Debt/EBITDA 1.83 -5.8%
CapEx / Revenue 27.23% +152.5%
CapEx Coverage 0.86 -73.4%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y profit CAGR of 23.4%
✓Strong Piotroski F-Score: 7/9
✓Strong interest coverage of 5.7x
✓Good 3Y average ROE of 19.8%
✓Share count reduced 6.0% through buybacks

✗Weaknesses

✗High debt to equity ratio of 3.1x
✗Expensive at 10.7x book value

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y12.48%

5Y10.99%

3Y13.27%

TTM41.2%

Profit (Net Income) CAGR

10Y-

5Y23.43%

3Y-

TTM-43.36%

EPS CAGR

10Y-

5Y30.35%

3Y-

TTM-78.4%

ROCE

10Y Avg7.49%

5Y Avg10.94%

3Y Avg17.43%

Latest23.73%

Peer Comparison

Major US Integrated Utilities

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
NRGNRG Energy, Inc.	28.71B	149.83	30.03	-2.4%	4.84%	73.15%	6.39%	4.44
VSTVistra Corp.	57.25B	168.97	24.14	24.67%	5.3%	22.06%		3.11

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Revenue+	5.37B	5.26B	5.38B	10.05B	11.5B	11.06B	13.33B	17.84B	15.54B	19.38B
Revenue Growth %	-0.1%	-0.02%	0.02%	0.87%	0.14%	-0.04%	0.21%	0.34%	-0.13%	0.25%
Cost of Revenue	4.38B	4.34B	4.62B	7.8B	8.94B	8.56B	13.27B	14.02B	10.37B	11.68B
Gross Profit+	992M	918M	761M	2.24B	2.56B	2.5B	60M	3.81B	5.17B	7.69B
Gross Margin %	-	-	-	-	-	-	-	-	-	-
Gross Profit Growth %	0.04%	-0.07%	-0.17%	1.95%	0.14%	-0.02%	-0.98%	62.57%	0.36%	0.49%
Operating Expenses+	676M	647M	600M	891M	900M	1.02B	1.05B	1.18B	1.26B	1.47B
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-
EBITDA+	1.31B	1.09B	996M	2.95B	3.47B	3.46B	988M	4.63B	5.78B	8.86B
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
EBITDA Growth %	-0.22%	-0.17%	-0.08%	1.96%	0.18%	-0%	-0.71%	3.69%	0.25%	0.53%
Depreciation & Amortization+	995M	817M	835M	1.6B	1.81B	1.98B	1.98B	1.99B	1.87B	2.63B
D&A / Revenue %	-	-	-	-	-	-	-	-	-	-
Operating Income (EBIT)+	316M	271M	161M	1.35B	1.66B	1.48B	-988M	2.64B	3.91B	6.23B
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.3%	-0.14%	-0.41%	7.4%	0.23%	-0.11%	-1.67%	3.67%	0.48%	0.59%
Interest Expense+	1.29B	1.1B	224M	529M	381M	296M	598M	853M	749M	1.09B
Interest Coverage	0.25x	0.25x	0.72x	2.56x	4.35x	5.01x	-1.65x	3.09x	5.22x	5.69x
Interest / Revenue %	-	-	-	-	-	-	-	-	-	-
Non-Operating Income	-1000K	1000K	1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K
Pretax Income+	-5.56B	21.35B	250M	-101M	1.22B	890M	-1.72B	-1.56B	2B	3.47B
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	-879M	-1.34B	504M	-45M	290M	266M	-458M	-350M	508M	655M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	-4.68B	22.69B	-254M	-54M	928M	636M	-1.27B	-1.23B	1.49B	2.66B
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.25%	5.85%	-1.01%	0.79%	18.19%	-0.31%	-3%	0.04%	2.22%	0.78%
EPS (Diluted)+	-10.94	53.06	-0.59	-0.11	1.86	1.30	-2.62	-2.86	3.58	7.00
EPS Growth %	0.25%	5.85%	-1.01%	0.81%	17.91%	-0.3%	-3.02%	-0.09%	2.25%	0.96%
EPS (Basic)	-10.94	53.06	-0.59	-0.11	1.88	1.30	-2.62	-2.86	3.63	7.16
Diluted Shares Outstanding	427.5M	427.58M	427.76M	504.95M	499.94M	491.09M	482.21M	422.45M	375.19M	352.57M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Assets+	15.66B	15.17B	14.6B	26.02B	26.62B	25.21B	29.68B	32.79B	32.97B	37.77B
Asset Growth %	-0.27%	-0.03%	-0.04%	0.78%	0.02%	-0.05%	0.18%	0.1%	0.01%	0.15%
PP&E (Net)+	9.35B	4.45B	4.82B	14.62B	13.96B	13.54B	13.1B	12.61B	12.43B	18.17B
PP&E / Total Assets %	-	-	-	-	-	-	-	-	-	-
Total Current Assets+	3.45B	2.47B	2.67B	3.44B	4.11B	3.43B	7.88B	11.12B	11.64B	8.12B
Cash & Equivalents	1.4B	843M	1.49B	636M	300M	406M	1.32B	455M	3.48B	1.19B
Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Inventory	428M	285M	253M	412M	469M	515M	610M	570M	740M	970M
Other Current Assets	1.05B	658M	279M	1.15B	1.68B	1.02B	3.8B	8.01B	5.73B	3.97B
Long-Term Investments	962M	1.06B	1.24B	1.38B	1.66B	1.76B	2.05B	1.73B	2.04B	4.51B
Goodwill	152M	1.91B	1.91B	2.07B	2.55B	2.58B	2.58B	2.58B	2.58B	2.81B
Intangible Assets	1.17B	3.2B	2.53B	2.49B	2.75B	2.44B	2.15B	1.96B	1.86B	2.21B
Other Assets	566M	953M	720M	699M	516M	609M	624M	1.09B	1.19B	1.94B
Total Liabilities	38.54B	8.57B	8.26B	18.16B	18.66B	16.85B	21.39B	27.87B	27.64B	32.19B
Total Debt+	1.44B	4.62B	4.42B	11.4B	11.31B	9.88B	11.01B	13.34B	14.68B	17.36B
Net Debt	44M	3.78B	2.94B	10.77B	11.01B	9.48B	9.68B	12.88B	11.2B	16.18B
Long-Term Debt	3M	4.58B	4.38B	10.87B	10.1B	9.23B	10.48B	11.93B	12.12B	15.42B
Short-Term Borrowings	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Capital Lease Obligations	0	2M	0	0	133M	254M	278M	290M	275M	316M
Total Current Liabilities+	2.81B	1.5B	1.35B	3.63B	4.57B	3.04B	5.84B	10.34B	9.82B	8.43B
Accounts Payable	514M	479M	473M	945M	947M	880M	1.51B	1.56B	1.15B	1.51B
Accrued Expenses	120M	33M	16M	77M	151M	131M	143M	160M	206M	193M
Deferred Revenue	0	0	4M	4M	0	0	0	0	0	0
Other Current Liabilities	628M	787M	620M	1.88B	2.18B	1.4B	3.72B	7.3B	5.97B	4.89B
Deferred Taxes	1000K	0	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Liabilities	35.47B	2.49B	2.53B	3.64B	3.85B	4.32B	4.79B	5.3B	5.43B	7.32B
Total Equity+	-22.88B	6.6B	6.34B	7.87B	7.96B	8.36B	8.29B	4.92B	5.32B	5.58B
Equity Growth %	-0.26%	1.29%	-0.04%	0.24%	0.01%	0.05%	-0.01%	-0.41%	0.08%	0.05%
Shareholders Equity	-22.88B	6.6B	6.34B	7.86B	7.96B	8.37B	8.29B	4.9B	5.31B	5.57B
Minority Interest	0	0	0	4M	1M	-10M	1M	16M	15M	13M
Common Stock	0	4M	4M	5M	5M	5M	5M	5M	5M	5M
Additional Paid-in Capital	0	7.74B	7.76B	10.11B	9.72B	9.79B	9.82B	9.93B	10.1B	9.44B
Retained Earnings	0	-1.16B	-1.41B	-1.45B	-764M	-399M	-1.96B	-3.64B	-2.61B	-454M
Accumulated OCI	-22.88B	6M	-17M	-22M	-30M	-48M	-16M	7M	6M	20M
Return on Assets (ROA)	-0.25%	1.47%	-0.02%	-0%	0.04%	0.02%	-0.05%	-0.04%	0.05%	0.08%
Return on Equity (ROE)	-	3.44%	-0.04%	-0.01%	0.12%	0.08%	-0.15%	-0.19%	0.29%	0.49%
Debt / Equity	-	0.70x	0.70x	1.45x	1.42x	1.18x	1.33x	2.71x	2.76x	3.11x
Debt / Assets	0.09%	0.3%	0.3%	0.44%	0.43%	0.39%	0.37%	0.41%	0.45%	0.46%
Net Debt / EBITDA	0.03x	3.47x	2.95x	3.65x	3.17x	2.74x	9.80x	2.78x	1.94x	1.83x
Book Value per Share	-53.53	15.43	14.83	15.58	15.92	17.03	17.2	11.64	14.18	15.84

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	237M	-157M	1.39B	1.47B	2.74B	3.34B	-206M	485M	5.45B	4.56B
Operating CF Growth %	-0.47%	-1.66%	9.83%	0.06%	0.86%	0.22%	-1.06%	3.35%	10.24%	-0.16%
Operating CF / Revenue %	-	-	-	-	-	-	-	-	-	-
Net Income	-4.68B	-819M	-254M	-56M	926M	624M	-1.26B	-1.21B	1.49B	2.81B
Depreciation & Amortization	995M	817M	835M	1.53B	1.88B	2.05B	2.05B	2.05B	1.96B	2.63B
Deferred Taxes	-883M	-52M	205M	17M	318M	225M	-528M	-231M	621M	612M
Other Non-Cash Items	4.68B	350M	321M	384M	-524M	329M	792M	2.39B	-282M	-1.18B
Working Capital Changes	126M	-411M	279M	-480M	93M	46M	-1.3B	-2.58B	1.59B	-416M
Capital Expenditures+	-460M	-1.47B	-531M	-496M	-1.72B	-1.26B	-1.03B	-1.3B	-1.68B	-5.28B
CapEx / Revenue %	-	-	-	-	-	-	-	-	-	-
CapEx / D&A	-	-	-	-	-	-	-	-	-	-
CapEx Coverage (OCF/CapEx)	-	-	-	-	-	-	-	-	-	-
Cash from Investing+	-650M	-1.47B	-541M	-101M	-1.72B	-1.57B	-1.15B	-1.24B	-2.15B	-5.28B
Acquisitions	0	-1.34B	-355M	445M	-880M	0	0	0	0	-3.06B
Purchase of Investments	-418M	-245M	-272M	-274M	-453M	-455M	-505M	-693M	-624M	-2.24B
Sale of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Investing	-510M	103M	-290M	-406M	-726M	-291M	-98M	85M	-446M	-110M
Cash from Financing+	-30M	1.06B	-201M	-2.72B	-1.24B	-1.8B	2.27B	-80M	-294M	-1.6B
Dividends Paid	0	-992M	-1.5B	0	-243M	-266M	-290M	-453M	-463M	-478M
Dividend Payout Ratio %	-	0.04%	-	-	0.26%	0.42%	-	-	0.21%	0.11%
Debt Issuance (Net)	-1000K	1000K	-1000K	-1000K	-1000K	-1000K	1000K	1000K	1000K	1000K
Stock Issued	0	69M	0	0	0	0	0	0	0	0
Share Repurchases	0	0	0	-763M	-656M	0	-471M	-1.95B	-1.25B	-1.27B
Other Financing	-9M	-183M	-10M	-224M	-86M	-172M	-334M	425M	-401M	-1.39B
Net Change in Cash+	-443M	-557M	644M	-1.35B	-218M	-31M	915M	-834M	3.01B	-2.32B
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	1.84B	1.4B	843M	2.05B	693M	475M	444M	1.36B	525M	3.54B
Cash at End	1.4B	843M	1.49B	693M	475M	444M	1.36B	525M	3.54B	1.22B
Free Cash Flow+	-223M	-1.62B	855M	975M	1.02B	2.08B	-1.24B	-816M	3.78B	-713M
FCF Growth %	-8.19%	-6.27%	1.53%	0.14%	0.05%	1.04%	-1.6%	0.34%	5.63%	-1.19%
FCF Margin %	-	-	-	-	-	-	-	-	-	-
FCF / Net Income %	-	-	-	-	-	-	-	-	-	-

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	343.91%	-3.93%	-0.76%	11.73%	7.79%	-15.3%	-18.58%	29.16%	48.77%
EBITDA Margin	24.41%	20.69%	18.51%	29.39%	30.17%	31.27%	7.41%	25.97%	37.19%	45.72%
Net Debt / EBITDA	0.03x	3.47x	2.95x	3.65x	3.17x	2.74x	9.80x	2.78x	1.94x	1.83x
Interest Coverage	0.25x	0.25x	0.72x	2.56x	4.35x	5.01x	-1.65x	3.09x	5.22x	5.69x
CapEx / Revenue	2.29%	27.86%	1.15%	1.17%	14.93%	11.38%	7.75%	7.29%	10.78%	27.23%
Dividend Payout Ratio	-	4.37%	-	-	26.19%	41.82%	-	-	20.96%	11.47%
Debt / Equity	-	0.70x	0.70x	1.45x	1.42x	1.18x	1.33x	2.71x	2.76x	3.11x
EPS Growth	24.91%	585.01%	-101.11%	81.36%	1790.91%	-30.11%	-301.54%	-9.16%	225.17%	95.53%

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024
Retail Energy Charge In ERCOT	-	-	-	-	-	7.67B	8.06B
Retail Energy Charge In ERCOT Growth	-	-	-	-	-	-	5.08%
Retail Energy Charge In Northeast/Midwest	-	-	-	-	-	1.64B	3.6B
Retail Energy Charge In Northeast/Midwest Growth	-	-	-	-	-	-	118.94%
Total Other Revenues	-2.6B	-3.83B	-	-	-4.75B	975M	2.46B
Total Other Revenues Growth	-	-47.35%	-	-	-	120.51%	152.62%
Wholesale Generation Revenue From ERCOT	167M	193M	-	-	-	2.91B	1.98B
Wholesale Generation Revenue From ERCOT Growth	-	15.57%	-	-	-	-	-32.00%
Revenue From Other Wholesale Contracts	6M	9M	-	-	-	1.48B	1.05B
Revenue From Other Wholesale Contracts Growth	-	50.00%	-	-	-	-	-29.10%
Capacity Revenue	30M	-	-	-	-	98M	74M
Capacity Revenue Growth	-	-	-	-	-	-	-24.49%
Intersegment Sales	-	-	-	-	-	-	-7.51B
Intersegment Sales Growth	-	-	-	-	-	-	-
Hedging And Other Revenues	7M	132M	-	-	1M	971M	-
Hedging And Other Revenues Growth	-	1785.71%	-	-	-	97000.00%	-
Affiliate Sales	-2.61B	-3.97B	-	-	-4.75B	-	-
Affiliate Sales Growth	-	-52.17%	-	-	-	-	-
Retail Contract Amortization	-	4M	-	-	-	-6M	-
Retail Contract Amortization Growth	-	-	-	-	-	-	-
Retail	-	-	8.27B	7.87B	-	-	-
Retail Growth	-	-	-	-4.82%	-	-	-
Texas	-	-	4.12B	2.79B	-	-	-
Texas Growth	-	-	-	-32.22%	-	-	-
Sunset	-	-	1.25B	739M	-	-	-
Sunset Growth	-	-	-	-40.97%	-	-	-
West	-	-	282M	374M	-	-	-
West Growth	-	-	-	32.62%	-	-	-
Asset Closure	-	-	3M	-	-	-	-
Asset Closure Growth	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Vistra Corp. (VST) has a price-to-earnings (P/E) ratio of 24.1x. This is roughly in line with market averages.

Growth & Financials

Vistra Corp. (VST) reported $21.75B in revenue for fiscal year 2024. This represents a 286% increase from $5.64B in 2012.

Vistra Corp. (VST) grew revenue by 24.7% over the past year. This is strong growth.

Yes, Vistra Corp. (VST) is profitable, generating $1.15B in net income for fiscal year 2024 (13.7% net margin).

Dividend & Returns

Yes, Vistra Corp. (VST) pays a dividend with a yield of 0.51%. This makes it attractive for income-focused investors.

Vistra Corp. (VST) has a return on equity (ROE) of 48.8%. This is excellent, indicating efficient use of shareholder capital.

Vistra Corp. (VST) generated $2.98B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Industry Metrics

Vistra Corp. (VST) has a dividend payout ratio of 11%. This suggests the dividend is well-covered and sustainable.