Vistra Corp. (VST) quarterly cash flow statement — complete operating, investing & financing history
Vistra Corp. (VST) cash flow statement — 14-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 1.02B | 1.2B | 1.43B | 1.47B | 572M | 599M | 1.35B | 1.7B | 1.2B | 312M | 881M | 1.56B | 1.58B | 1.44B | 393M | 815M | -1.31B | 591M | 287M | 564M |
| Operating CF Growth % | 78.85% | 100.17% | 5.84% | -13.81% | -52.17% | 91.99% | 53.58% | 9.1% | -24.16% | -78.26% | 124.17% | 91.41% | 220.02% | 142.81% | 36.93% | 44.5% | -320.47% | 135.75% | -70.92% | -45.82% |
| Operating CF / Revenue % | 25.47% | 25.76% | 61.25% | 29.51% | 13.46% | 11.58% | 18.38% | 30.76% | 32.43% | 11.17% | 25.97% | 29.98% | 49.44% | 38.21% | 9.11% | 14.04% | -34.87% | 14.95% | 8.21% | 14.42% |
| Net Income | -159M | 159M | 233M | 652M | 327M | -268M | 490M | 1.84B | 467M | 18M | -184M | 502M | 476M | 698M | -248M | 679M | -1.36B | -284M | 730M | 10M |
| Depreciation & Amortization | -718M | 718M | 725M | 691M | 762M | 772M | 740M | 714M | 622M | 555M | 514M | 501M | 464M | 477M | 472M | 521M | 512M | 542M | 499M | 582M |
| Deferred Taxes | 0 | 0 | 68M | 196M | 57M | -185M | -59M | 556M | 138M | -23M | 56M | 196M | 123M | 246M | 38M | 117M | -383M | -3M | 90M | 4M |
| Other Non-Cash Items | 2.49B | 460M | 656M | -137M | -60M | 765M | 459M | -1.75B | -15M | 128M | 488M | 326M | -153M | -943M | 465M | -331M | 1.98B | 275M | -33M | 607M |
| Working Capital Changes | -492M | -170M | -168M | 29M | -539M | -506M | -301M | 320M | -48M | -387M | -7M | 15M | 646M | 935M | -349M | -185M | -2.09B | 47M | -1.01B | -650M |
| Capital Expenditures | -890M | -883M | -1.51B | -458M | -690M | -768M | -430M | -685M | -498M | -3.53B | -763M | -336M | -442M | -484M | -392M | -296M | -240M | -373M | -243M | -244M |
| CapEx / Revenue % | 21.98% | 18.97% | 81.95% | 9.21% | 16.24% | 14.85% | 5.84% | 12.38% | 13.5% | 126.32% | 22.49% | 6.46% | 13.86% | 12.89% | 9.09% | 5.1% | 6.37% | 9.44% | 6.95% | 6.24% |
| CapEx / D&A | -1.23x | 1.23x | 2.64x | 0.66x | 0.91x | 0.99x | 0.58x | 0.96x | 0.80x | 6.36x | 1.48x | 0.67x | 0.95x | 1.01x | 0.83x | 0.57x | 0.47x | 0.69x | 0.49x | 0.42x |
| CapEx Coverage (OCF/CapEx) | 1.16x | 1.36x | 0.75x | 3.20x | 0.83x | 0.78x | 3.15x | 2.48x | 2.40x | 0.09x | 1.15x | 4.64x | 3.57x | 2.96x | 1.00x | 2.75x | -5.48x | 1.58x | 1.18x | 2.31x |
| Cash from Investing | -641M | -638M | -2.23B | -491M | -610M | -1.06B | -317M | -762M | -669M | -3.53B | -763M | -415M | -454M | -513M | -353M | -277M | -129M | -480M | -310M | -268M |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5M | -3.07B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchase of Investments | 1.82B | -1.82B | 4.14B | -1.1B | -923M | -2.11B | -649M | -802M | -568M | -220M | -129M | -233M | -137M | -125M | -247M | -101M | -242M | -103M | -123M | -105M |
| Sale of Investments | -1.82B | 1.82B | -4.12B | 1.1B | 917M | 2.11B | 643M | 796M | 563M | 214M | 123M | 227M | 132M | 119M | 242M | 94M | 236M | 98M | 117M | 99M |
| Other Investing | -1.52B | 246M | -4.17B | -26M | 86M | -288M | 119M | -71M | -171M | 13M | -343M | -73M | -7M | -23M | 44M | 26M | 117M | -102M | -61M | -18M |
| Cash from Financing | -578M | -706M | 986M | -833M | -63M | -164M | -754M | -1.66B | 18M | 793M | 196M | 1.38B | -998M | -874M | -83M | -1.88B | 2.29B | -413M | 995M | -392M |
| Dividends Paid | -152M | -98M | -152M | -98M | -144M | -104M | -150M | -103M | -148M | -77M | -160M | -75M | -151M | -77M | -150M | -75M | -151M | -77M | -71M | -72M |
| Dividend Payout Ratio % | 25.25% | 7.48% | 33.05% | 11.81% | 21.1% | - | 17.01% | 4.24% | 20% | - | - | 14.94% | 31.72% | 11.02% | - | 11.23% | - | - | 9.78% | 1028.57% |
| Debt Issuance (Net) | -1000K | -1000K | -1000K | -1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | 1000K | -1000K | 1000K | 1000K | -1000K | -1000K |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -337M | -372M | 776M | -187M | -252M | -337M | -245M | -399M | -331M | -291M | -379M | -314M | -251M | -301M | -359M | -396M | -484M | -710M | -296M | 0 |
| Other Financing | 454M | -70M | 497M | 5M | -29M | -49M | -1.21B | 4M | -28M | -158M | -1M | 28M | 17M | -14M | -205M | 11M | 17M | 6M | 1.68B | -187M |
| Net Change in Cash | -236M | -182M | 153M | 143M | -101M | -626M | 282M | -721M | 545M | -2.42B | 314M | 2.53B | 125M | 48M | -43M | -1.34B | 850M | -302M | 972M | -96M |
| Exchange Rate Effect | -40M | -37M | -31M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 671M | 816M | 632M | 495M | 596M | 1.22B | 940M | 1.66B | 1.12B | 3.52B | 3.23B | 698M | 573M | 525M | 568M | 1.91B | 1.06B | 1.36B | 387M | 483M |
| Cash at End | 435M | 634M | 785M | 638M | 495M | 596M | 1.22B | 940M | 1.66B | 1.1B | 3.54B | 3.23B | 698M | 573M | 525M | 568M | 1.91B | 1.06B | 1.36B | 387M |
| Free Cash Flow | 133M | 316M | -82M | 1.01B | -118M | -169M | 923M | 1.02B | 698M | -3.22B | 118M | 1.22B | 1.14B | 951M | 1M | 519M | -1.55B | 218M | 44M | 320M |
| FCF Growth % | 212.71% | 286.98% | -108.88% | -0.79% | -116.91% | 94.75% | 682.2% | -16.91% | -38.5% | -438.17% | 11700% | 135.84% | 173.04% | 336.24% | -97.73% | 62.19% | -742.15% | 111.82% | -87.13% | -59.54% |
| FCF Margin % | 3.31% | 6.79% | -3.51% | 20.3% | -2.78% | -3.27% | 12.54% | 18.38% | 18.93% | -115.15% | 3.48% | 23.52% | 35.58% | 25.32% | 0.02% | 8.94% | -41.24% | 5.52% | 1.26% | 8.18% |
| FCF / Net Income % | 43.61% | 30.71% | -35.19% | 154.75% | -36.09% | 63.06% | 209.3% | 53.87% | 191.23% | 9188.57% | -64.13% | 243.82% | 238.45% | 136.05% | -0.41% | 77.69% | 113.85% | -76.49% | 6.06% | 4571.43% |