Income StatementBalance SheetCash FlowSegments
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Vistra Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Vistra holds $41.3B in total assets. Shareholders' equity is $5.6B against $19.2B in total debt. Cash and equivalents total $677.0M. The current ratio is 0.896 and debt-to-equity is 3.42. Based on the Q1 2026 filing.

Total Assets$41.3BTotal Stockholders Equity$5.6BLong Term Debt$19.2BCash And Equivalents$677.0MTotal Current Assets$9.0BTotal Current Liabilities$10.1B
Latest FilingQ1 2026
Report Date2026-05-08
Market Cap$49.5B
P/E Ratio22.10
ROE43.01%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$1.5B$1.3B$1.3B$1.4B$1.6B$1.4B
Accrued interest$193.0M$244.0M$188.0M$225.0M$188.0M$287.0M
Accounts receivable financing$750.0M$1.1B$1.1B$1.2B$1.2B$750.0M
Derivative Instruments And Hedges Liabilities$3.4B$4.6B$4.1B$3.6B$4.0B$4.2B
Forward repurchase obligation due currently$703.0M$723.0M$682.0M$701.0M$632.0M$641.0M
Margin deposits related to commodity contracts$49.0M$5.0M$3.0M$3.0M$7.0M$11.0M
Other accrued liabilities$645.0M$606.0M$694.0M$687.0M$663.0M$604.0M
Current portion of long-term debt$1.3B$1.4B$861.0M—$1.8B$0.0
Current Portion of Long-Term Debt and Finance Lease Obligations$880.0M$882.0M$230.0M$231.0M$1.2B$1.9B
Short-term borrowings$1.3B$1.4B$861.0M—$1.8B$0.0
Total current liabilities$8.4B$9.8B$9.4B$8.4B$11.8B$10.1B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$2.0B$2.0B$2.3B$2.4B$2.3B$2.1B
Cash and cash equivalents$1.2B$596.0M$495.0M$638.0M$785.0M$677.0M
Derivative Instruments And Hedges$2.6B$3.3B$3.0B$2.6B$2.8B$3.2B
Margin Deposit Assets$406.0M$579.0M$728.0M$721.0M$1.1B$1.1B
Margin deposits posted under affiliate financing agreement$435.0M$446.0M$445.0M$450.0M$444.0M$446.0M
Prepaid expenses and other current assets$515.0M$596.0M$678.0M$647.0M$654.0M$629.0M
Restricted cash$28.0M$29.0M$31.0M$30.0M$31.0M$37.0M
Total current assets$8.1B$8.4B$8.5B$8.4B$9.2B$9.0B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accumulated other comprehensive income (loss)$20.0M$20.0M$19.0M$20.0M$17.0M$17.0M
Additional paid-in capital$9.4B$9.4B$9.5B$9.5B$9.5B$9.5B
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$5.0M$5.0M$5.0M$5.0M$5.0M$5.0M
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$2.5B$2.5B$2.5B$2.5B$2.5B$2.5B
Retained earnings-$454.0M-$835.0M-$642.0M-$107.0M-$12.0M$903.0M
Total liabilities and stockholders' equity$37.8B$38.2B$38.1B$38.0B$41.6B$41.3B
Total stockholders' equity$5.6B$4.8B$4.8B$5.2B$5.1B$5.6B
Treasury stock$5.9B$6.2B$6.5B$6.7B$6.9B$7.3B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Asset retirement obligations$142.0M$136.0M$146.0M$202.0M$181.0M$185.0M
Debt Instrument Repurchased Face Amount$1.3B—$1.3B$1.3B$632.0M$641.0M
Long-term debt$16.3B$16.3B$15.8B$16.0B$17.0B$19.2B
Other non-current liabilities$1.3B$1.2B$1.3B$1.5B$1.5B$1.4B
Total liabilities$32.2B$33.4B$33.3B$32.8B$36.4B$40.0M

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Goodwill$2.8B$2.8B$2.8B$2.8B$2.8B$2.8B
Deferred tax assets$9.0M$9.0M$9.0M$9.0M$239.0M$239.0M
Derivative Instruments And Hedges Noncurrent$740.0M$769.0M$593.0M$604.0M$405.0M$412.0M
Intangible assets — net$872.0M$980.0M$911.0M$756.0M$1.1B$1.0B
Other intangible assets—net$2.2B$2.3B$2.3B$2.1B$2.4B$2.4B
Other non-current assets$1.2B$1.7B$1.5B$1.4B$1.5B$1.6B
Strategic investments$4.5B$4.5B$4.8B$5.0B$5.1B$5.0B
Property, plant and equipment, net$18.2B$17.7B$17.7B$17.7B$19.8B$19.9B
Accumulated depreciation$8.0B$8.4B$8.5B$8.9B$9.3B$9.7B
Total property and equipment, gross$26.6B$26.7B$26.8B$27.3B$29.9B$30.4B
Property and equipment, net$18.2B$17.7B$17.7B$17.7B$19.8B$19.9B
Total assets$37.8B$38.2B$38.1B$38.0B$41.6B$41.3B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Line of Credit Remaining Borrowing Capacity—$3.3B$2.2B$3.1B—$3.5B
Property and other taxes, including payroll$209.0M$101.0M$143.0M$180.0M$224.0M$114.0M
Allowance for doubtful accounts$79.0M$75.0M$75.0M$104.0M$89.0M$73.0M
Asset Retirement Obligation$4.1B$4.1B$4.1B$4.1B$4.2B$4.2B
Common stock, par value (in dollars per share)$0.01$0.01$0.01$0.01$0.01$0.01
Common stock, shares authorized (in shares)1.8B1.8B1.8B1.8B1.8B1.8B
Common Stock, Shares, Outstanding339.8M340M339.1M338.7M338.1M338.1M
Construction work in progress$1.1B$1.4B$1.6B$2.0B$1.9B$1.8B
Long-term debt, gross$16.5B$16.5B$15.9B$16.1B$17.2B$19.3B
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net$171.0M$158.0M$151.0M$142.0M$153.0M$169.0M
Deferred income taxes$697.0M$512.0M$569.0M$765.0M$1.0B$1.2B
Commodity and other derivative contractual liabilities$1.4B$1.5B$1.4B$1.4B$1.7B$1.3B
Derivative Asset (Liability), Collateral, Obligation or Right to Return or Reclaim Cash. Offset-$183.0M-$314.0M-$502.0M-$505.0M-$884.0M-$823.0M
Derivative Asset (Liability), Fair Value, Gross Liability (Asset)$0.0$0.0$0.0$0.0$0.0$0.0
Derivative Asset (Liability), Subject to Master Netting Arrangement-$1.2B-$1.7B-$1.5B-$1.3B-$1.7B-$1.0B
Net fair value-$1.4B-$2.0B-$2.0B-$1.8B-$2.6B-$1.9B
Net Capacity (MW)—5163.005163.004578.00—4578.00
Finance Lease, Right-of-Use Asset, Accumulated Amortization$33.0M$35.0M$37.0M$39.0M$41.0M$43.0M
Property, plant and equipment$186.0M$186.0M$186.0M$186.0M$190.0M$197.0M
Finite-Lived Intangible Assets, Accumulated Amortization$2.6B$2.7B$2.8B$2.8B$2.8B$2.8B
2028—$80.0M$71.0M$73.0M—$64.0M
2030—$41.0M$33.0M$37.0M—$26.0M
Remainder of 2026—$237.0M$227.0M$218.0M—$177.0M
2027—$177.0M$170.0M$168.0M—$85.0M
2029—$59.0M$51.0M$53.0M—$44.0M
Gross Carrying Amount$3.5B$3.7B$3.7B$3.6B$3.8B$3.8B
Total identifiable intangible liabilities$155.0M$149.0M$144.0M$141.0M$138.0M$133.0M
Borrowings Outstanding—$3.5B$4.6B$3.9B—$3.9B
Letters of Credit Outstanding—$1.2B$1.3B$981.0M—$1.3B
Committed Revolving Credit Facilities—$8.7B$8.9B$9.1B—$9.1B
Long-Term Debt and Lease Obligation$15.4B$15.4B$15.5B$15.8B$15.8B$17.3B
Longterm Debt Percentage Bearing Variable Interest Amount—230000000000.0%230000000000.0%230000000000.0%—230000000000.0%
Margin deposits financing with affiliate$435.0M$446.0M$445.0M$450.0M$444.0M$446.0M
Noncontrolling interests in subsidiaries$13.0M$13.0M$13.0M$13.0M$13.0M$13.0M
Numbers of states in which entity operates—16.0016.0016.00—16.00
Other (including finance leases)$55.0M$55.0M$55.0M$55.0M$46.0M$46.0M
Preferred Stock Liquidation Preference$1000.00$1000.00$1000.00$1000.00$1000.00$1000.00
Preferred Stock, Shares Authorized100M100M100M100M100M100M
Preferred Stock, Shares Outstanding2.5M2.5M2.5M2.5M2.5M2.5M
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied—$934.0M$755.0M$370.0M—$1.3B
Treasury stock, shares (in shares)209M211.4M213.3M214.2M215.6M217.9M
Unbilled Receivables$802.0M$737.0M$1.1B$924.0M$924.0M$785.0M