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.
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Vistra Corp. (VST) 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 | Free account |
Against its own ten years
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)
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