Vistra logo

Vistra

VSTNYSEStock Fundamentals

Vistra Corp. is a leading integrated retail electricity and power generation company operating across 18 states and the District of Columbia. The company leverages a customer-centric retail platform combined with a diverse, large-scale generation fleet to provide essential power resources. Its integrated model is designed to mitigate commodity price volatility and provide stable cash flows through the alignment of wholesale production with retail sales.

Market Cap$49.5B
Revenue TTM$19.4B
Net Income TTM$2.2B
P/E Ratio22.10
Net Margin11.52%
EPS TTM$5.98
Free Cash Flow TTM$1.8B
Employees4.9K
CEOJames A. Burke
CountryUnited States of America
Utilities
Independent Power Producers
SegmentsIndependent Power Producers, Energy Retail, Renewable Energy
Business ModelsIntegrated Utility, B2C Retail Energy, Wholesale Commodity Trading
Most Recent EarningsMay 7, 2026 · 7 days agoQ1 2026
View report
Next EarningsAug 6, 2026 · in 3 monthsBefore Market Open · Q2 2026

Financials

Based on Q1 2026 filing

Op. Margin18.13%
ROE43.01%
D/E342.38%
Current Ratio0.896
Total Debt$19.2B
Cash$677.0M
CapEx TTM$2.9B

Gross Profit

View metric

Net Income

View metric

Operating Cash Flow

View metric

Free Cash Flow

View metric

EPS (Diluted)

View metric

Business Segments

Retail

primary

Engages in the competitive sale of electricity, natural gas, and energy-related services to residential, commercial, and industrial customers. It operates through several well-known brands and focuses on innovative products like renewable energy options and efficiency tools.

Products

TXU Energy, Ambit Energy, Dynegy Energy Services, Homefield Energy, Energy Harbor, U.S. Gas & Electric, TriEagle Energy, Public Power

Customers

Residential, Commercial, Industrial

Generation (Texas, East, West)

primary

Operates a diverse fleet of power plants including nuclear, natural gas, coal, solar, and battery storage facilities. These segments manage the physical production of electricity and its dispatch into wholesale markets managed by ISOs and RTOs.

Products

Comanche Peak Nuclear Power Plant, Beaver Valley Nuclear Power Plant, Perry Nuclear Power Plant, Davis-Besse Nuclear Power Plant, Masspower, Fayette, Pleasants

Customers

Wholesale Market Participants, Independent System Operators, Regional Transmission Organizations

Asset Closure

minor

Focuses on the decommissioning and reclamation of retired generation facilities and mines. This segment handles environmental remediation, battery removal, and the safe closure of legacy assets.

Products

Decommissioning services, Mine reclamation, Environmental remediation

Customers

Internal/Regulatory

Segment Financials

Retail energy charge in ERCOT — Total revenue from contracts with customers

View metric

Texas — Total revenue from contracts with customers

View metric

Retail — Total revenue from contracts with customers

View metric

Texas — Net Capacity (MW)

View metric

Texas — Other Cost and Expense, Operating

View metric

Asset Closure — Total revenue from contracts with customers

View metric

Asset Closure — Cost Of Fuel Purchased Power And Delivery

View metric

Asset Closure — Depreciation, Depletion and Amortization

View metric

Business Overview

Competitive Position

Vistra is one of the largest competitive power generators and residential retail electricity providers in the United States, maintaining a dominant presence in the ERCOT market.

Geographies

United States

Customer Segments

Residential consumers, Commercial enterprises, Industrial manufacturers, Wholesale energy markets

Upstream Dependencies

Natural gas suppliers, Uranium enrichment and fabrication services, Coal and lignite mining operations, Rail and barge transportation providers, Solar panel and battery storage manufacturers

Downstream Customers

Residential households, Commercial businesses, Industrial facilities, Wholesale power market participants

Competitors & Partners

Partners

E

ERCOT

Independent System Operator managing the Texas power grid

P

PJM Interconnection

Regional Transmission Organization managing the mid-Atlantic power grid

I

ISO New England

Independent System Operator for the New England region

N

NYISO

New York Independent System Operator

M

MISO

Midcontinent Independent System Operator

C

CAISO

California Independent System Operator

U

United Way

Community collaboration partner

Subsidiaries

T

TXU Energy

Retail electricity brand in Texas

A

Ambit Energy

Retail energy provider

E

Energy Harbor

Nuclear generation and retail subsidiary

D

Dynegy Energy Services

Retail electricity and generation brand

VST

Vistra FAQ

Common questions about Vistra

Vistra Corp. is a leading integrated retail electricity and power generation company operating across 18 states and the District of Columbia. The company leverages a customer-centric retail platform combined with a diverse, large-scale generation fleet to provide essential power resources. Its integrated model is designed to mitigate commodity price volatility and provide stable cash flows through the alignment of wholesale production with retail sales.

Vistra (VST) has a market capitalization of $49.5B and trades on NYSE.

Vistra generated $19.4B in trailing twelve-month revenue with net income of $2.2B, representing a net margin of 11.5%, with free cash flow of $1.8B. These figures are based on the Q1 2026 filing.

Vistra's key competitors include Constellation Energy, Entergy Corporation, NRG Energy, and others. These companies compete in similar markets and product categories.

Vistra has approximately 4,870 employees.