Skip to content
NYSE · ELECTRIC SERVICES · LARGE CAP

Vistra Corp. VST

9 fiscal years on record · USD · FY2025 reported · SEC filings only
3 YEARS OF DIVIDEND GROWTH
$17.7B
▲ 3.0% YoY
$944.0M
▼ 64.5% YoY
$1.3B
▼ 47.0% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Vistra Corp. serves approximately 5 million residential, commercial, and industrial retail customers with electricity and natural gas. It also operates a generation fleet totaling approximately 44,000 megawatts of capacity across natural gas, nuclear, coal, solar, and battery energy storage facilities. It brings its products and services to market in 18 states and the District of Columbia. Its operations are organized into five reportable business segments: Retail, Texas, East, West, and Asset Closure. The Asset Closure segment is engaged in the decommissioning and reclamation of retired generation facilities, including mines, and battery removal and remediation activities. As of December 31, 2025, it had approximately 6,390 full-time employees, including approximately 1,860 employees under collective bargaining agreements. Vistra is a Delaware corporation whose principal executive office is located at 6555 Sierra Drive, Irving, Texas.

Written from the business description in Vistra Corp.'s annual report to the U.S. Securities and Exchange Commission, filed 27 February 2026. Every sentence was checked against that document before publication.

Growth

USD 17.7B
Revenue, FY2025 · full 9-year series below
Revenue $B Net income $B
FY2025 · Revenue 17.7 · Net income 0.9
10B20B
2017202020232025
Compound annual growth
+4.3%
+9.2%
+8.2%
+10.9%
+7.6%
−16.0%
+38.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +9.2% a year over the five years to FY2025 — but profit grew slower: net income at +8.2%, earnings per share at +10.9%.

The share count fell from 0.49B to 0.34B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

5 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 10.7% · Net 5.3%
10%20%-5%
201720212025
ROE
FY2025 · ROE 17.7%
20%40%-5%-10%-15%
201720212025
Three returns, three denominators.

Each USD of equity produced 18 cents of profit this year.

Cash & shareholders

USD 1.3B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 1.3
1.5B3.0B-0.5B-1.0B
201720212025
Net buybacks $B Dividends $B
FY2025 · Dividends 0.3 · Net buybacks 1.0
1B2BDividendsNet buybacks
201720182019202020212022202320242025

USD 306.0M in dividends and USD 1.0B in buybacks — 141% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 41.5B
EquityUSD 5.1B
CashUSD 785.0M
Gross debtUSD 18.8B
Net debtUSD 18.1B
Current ratio0.78×

Net debt stands at 354% of equity.

The 9-year record

9 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
VST, 9-year financial record
Metric 202520242023202220212020201920182017
Revenue $B17.717.214.815.617.711.411.89.85.4
Operating income $B1.94.12.7−1.2−1.51.52.00.50.2
EBITDA $B3.95.94.20.40.23.33.61.90.9
Income tax $B0.20.70.5−0.3−0.50.30.3−0.00.5
Net income $B0.92.71.5−1.2−1.30.60.9−0.1−0.3
Free cash flow $B1.32.53.8−0.8−1.22.12.00.91.3
EPS, diluted $2.187.003.58−3.26−2.691.301.86−0.11−0.59
Dividend / sh $0.900.870.820.72◌◌0.12◌◌
Payout %321121−25−234226−0−0
ROE %17.748.929.2−18.6−15.37.811.7−0.8−4.0
Shares out B0.340.340.350.390.470.490.490.490.43

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Compare

This company against its peers

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 34 reconciliationsAUDITED

Reconciled in 9 of the 9 fiscal years we could check. 22 checks were skipped: the balance sheet is not tagged before 2018. 10 checks were skipped: EPS is not tagged before 2017.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityElectric Services
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2017

Share this section

Download image