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.
Follow VST
Vistra Corp. (VST) 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
Embed this chart
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 | Free account |
Against its own ten years
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
More on VST
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement