Vistra Corp.

VST Utilities Utilities Independent Power Producers

Vistra Corp.’s revenue for fiscal 2025 (year ended December 2025) was $17.7 billion, up 2.98% from fiscal 2024. In the quarter to June 2026, revenue fell 5.48%, EPS fell 6.10%, free cash flow grew 401.7% and total debt rose 17.8%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years, revenue growth for five; insiders bought in the last twelve months.

152.02 2.15 −1.39%
Market cap
$51.7B
P/E
25.3×
Fwd P/E
15.3×
Dividend yield
0.60%
F-score
5/9
Altman Z
1.40
Beneish M
−2.54
Dividend safety
59/100

Vistra Corp. (VST) Debt to equity

Alert me on Debt to equity

Vistra Corp.'s debt to equity at the end of the quarter to 30 June 2026 was 3.6×, down 0.1× from fiscal 2025 (3.7×). Over the past ten years it has ranged from −0.1× (fiscal 2015) to 3.7× (fiscal 2025) — the current reading is the highest in ten years. That is above the Utilities Independent Power Producers industry median of 0.7× and above the Utilities sector median of 1.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 3.7× 26.32%
FY2024 2.9× 7.87%
FY2023 2.7× 5.45%
FY2022 2.6× 98.31%
FY2021 1.3× 15.97%
FY2020 1.1× (17.21%)
FY2019 1.3× (4.17%)
FY2018 1.4× 101.68%
FY2017 0.7× (0.49%)
FY2016 0.7× —

Quarterly newest first

Period Debt to equity Change
Jun 2026 3.6× 4.41%
Mar 2026 3.4× (7.37%)
Dec 2025 3.7× 20.46%
Sep 2025 3.1× (10.99%)
39 more quarters

Against its own ten years

Low −0.1× High 3.7×
Ten-year median 1.3×
Current reading's percentile 100

Debt to equity against peers

Company Debt to equity
DGXX Digi Power X Inc. compare 0.0×
OKLO Oklo Inc. compare 0.0×
HNRG Hallador Energy Company compare 0.2×
CEG Constellation Energy Corporation compare 0.6×
KEN Kenon Holdings Ltd. compare 0.9×
VST Vistra Corp. 3.6×
NRG NRG Energy, Inc. compare 4.8×
TLN Talen Energy Corporation compare 5.8×
Utilities Independent Power Producers industry median 0.7×
Utilities sector median 1.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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