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) Operating margin

Alert me on Operating margin

Vistra Corp.'s operating margin over the twelve months to 30 June 2026 was 18.6%, up 7.8 percentage points from fiscal 2025 (10.8%). Over the past ten years it has ranged from −76.2% (fiscal 2015) to 23.7% (fiscal 2024); the current reading is higher than 64% of that period. That is above the Utilities Independent Power Producers industry median of 4.83% and in line with the Utilities sector median of 18.8%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 10.8% (12.94)
FY2024 23.7% 5.68
FY2023 18.0% 26.58
FY2022 −8.57% 3.97
FY2021 −12.5% (25.81)
FY2020 13.3% (3.61)
FY2019 16.9% 11.51
FY2018 5.37% 1.72
FY2017 3.65% (4.23)
FY2016 7.88% 84.06

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 13.8% (12.81)
Mar 2026 26.6% 16.24
Dec 2025 10.3% (10.52)
Sep 2025 20.9% 8.74
38 more quarters

Against its own ten years

Low −76.2% High 23.7%
Ten-year median 7.88%
Current reading's percentile 90

Operating margin against peers

Company Operating margin
VST Vistra Corp. 18.6%
CEG Constellation Energy Corporation compare 14.7%
KEN Kenon Holdings Ltd. compare 8.20%
NRG NRG Energy, Inc. compare 6.08%
HNRG Hallador Energy Company compare 3.58%
TLN Talen Energy Corporation compare 2.56%
OKLO Oklo Inc. compare 0.00%
DGXX Digi Power X Inc. compare −101.0%
Utilities Independent Power Producers industry median 4.83%
Utilities sector median 18.8%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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