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.

Revenue
−5.48%
EPS
−6.10%
Free cash flow
+401.7%
Total debt
+17.8%

Quarter to June 2026, against a year earlier

119.78 6.89 +6.10%
Market cap
$37.9B
P/E
19.0×
Fwd P/E
14.9×
Dividend yield
0.80%
F-score
5/9
Altman Z
1.40
Beneish M
−2.54
Dividend safety
59/100

Vistra Corp. (VST) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Vistra Corp. (VST) trades at a EV/EBITDA of 9.1×. Over the past ten years it has ranged from 0.0× (December 2021) to 88.8× (July 2021); the current reading is higher than 54% of that period. That is below the Utilities Independent Power Producers industry median of 12.7× and below the Utilities sector median of 12.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 15.0× 60.56%
FY2024 9.3× 72.61%
FY2023 5.4× (78.17%)
FY2022 24.8× (34.97%)
FY2021 38.1× 633.45%
FY2020 5.2× (7.22%)
FY2019 5.6× (48.37%)
FY2018 10.8× 4.06%
FY2017 10.4× 24.31%
FY2016 8.4× —

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 11.4× 6.03%
Mar 2026 10.8× (27.97%)
Dec 2025 15.0× (8.14%)
Sep 2025 16.3× 30.77%
38 more quarters

Against its own ten years

Low 0.0× High 88.8×
Ten-year median 8.2×
Current reading's percentile 54

EV/EBITDA against peers

Company EV/EBITDA
HNRG Hallador Energy Company compare n/m
DGXX Digi Power X Inc. compare n/m
OKLO Oklo Inc. compare n/m
VST Vistra Corp. 9.1×
NRG NRG Energy, Inc. compare 10.0×
CEG Constellation Energy Corporation compare 12.7×
KEN Kenon Holdings Ltd. compare 22.0×
TLN Talen Energy Corporation compare 45.6×
ONEN ONE Nuclear Energy Inc. compare —
Utilities Independent Power Producers industry median 12.7×
Utilities sector median 12.3×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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