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Vistra Corp.

VSTUtilitiesNASDAQ

Utilities - Independent Power Producers

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Financials · Annual
Revenue
$17.74B
+3.0% YoY
Net Income
$944.0M
-64.5% YoY
EBITDA
$5.05B
-27.3% YoY
Free Cash Flow
$476.9M

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About Vistra Corp.

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company in the United States. The company carries a $52.18B market cap, placing it firmly in the large-cap category. The company operates through five segments: Retail, Texas, East, West, and Asset Closure.

Key stats
Market Cap$52.18B
P/E (TTM)25.88
Fwd P/E14.12
EPS$5.98
Beta1.45
52W Change-12.1%
Dividend Yield0.59%
ROE42.9%
Analysis

On the balance sheet, VST has $658.0M in cash with $19.93B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow comes in at $476.9M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 42.9%, which is exceptionally high for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 6.0% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $13.73B (2022) to $17.74B (2025), reflecting a 29% increase over the period.

Vistra Corp. carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing VST.

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