NRG vs VST
NRG Energy, Inc. and Vistra Corp., side by side — 9 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | NRG | VST |
|---|---|---|
| Revenue | $30.7B | $17.7B |
| Net income | $864.0M | $944.0M |
| Gross margin | · | · |
| Net margin | · | 5.3% |
| Return on equity | 41.5% | 17.7% |
| Diluted EPS | $4.01 | $2.18 |
| Dividend / share | $1.76 | $0.90 |
| Payout ratio | 47.6% | 32.4% |
| Free cash flow | $766.0M | $1.3B |
| Equity | · | $5.1B |
| Net debt / equity | 6.96× | 3.54× |
| Current ratio | 1.64× | 0.78× |
| Revenue CAGR 5y | 27.6% | 9.2% |
| Profit CAGR 5y | 11.1% | 8.2% |
NRG bills 1.7× the revenue of VST.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
9 years side by side
| Fiscal year | NRG | VST |
|---|---|---|
| FY2025 | $30.7B | $17.7B |
| FY2024 | $28.1B | $17.2B |
| FY2023 | $28.8B | $14.8B |
| FY2022 | $31.5B | $15.6B |
| FY2021 | $27.0B | $17.7B |
| FY2020 | $9.1B | $11.4B |
| FY2019 | $9.8B | $11.8B |
| FY2018 | $9.5B | $9.8B |
| FY2017 | $9.1B | $5.4B |
Bottom line
| Fiscal year | NRG | VST |
|---|---|---|
| FY2025 | $864.0M | $944.0M |
| FY2024 | $1.1B | $2.7B |
| FY2023 | $-202.0M | $1.5B |
| FY2022 | $1.2B | $-1.2B |
| FY2021 | $2.2B | $-1.3B |
| FY2020 | $510.0M | $636.0M |
| FY2019 | $4.4B | $928.0M |
| FY2018 | $268.0M | $-54.0M |
| FY2017 | $-2.2B | $-254.0M |
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$12,975,000,000 | NRG |
| FY2024 | +$10,906,000,000 | NRG |
| FY2023 | +$14,044,000,000 | NRG |
| FY2022 | +$15,912,000,000 | NRG |
| FY2021 | +$9,289,000,000 | NRG |
| FY2020 | −$2,350,000,000 | VST |
| FY2019 | −$1,988,000,000 | VST |
| FY2018 | −$319,000,000 | VST |
| FY2017 | +$3,644,000,000 | NRG |
The higher-revenue side has changed between NRG and VST over this period. The gap has widened since the earliest year compared.
9 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NRG's net margin has been more volatile than VST's over the 3 comparable fiscal years — 14.2 percentage points of standard deviation against 4.2.
3 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between NRG and VST over these 3 fiscal years — NRG led in 2 and VST in 1.
3 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NRG's return on equity has been more volatile than VST's over the 7 comparable fiscal years — 43.7 percentage points of standard deviation against 22.7.
7 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between NRG and VST over these 7 fiscal years — NRG led in 4 and VST in 3.
7 of 19 comparable fiscal years — a year missing data on either side is not counted.