What is Via Renewables, Inc.'s enterprise value?

Via Renewables, Inc. (VIA) reported enterprise value of $1.3B in Q1 2026.

What does enterprise value mean?

Market capitalization plus total debt minus cash, at the quarter end. The cost to acquire the whole business — what an buyer pays for equity and debt, net of the cash they'd inherit.

Via Renewables, Inc. VIA Enterprise value

Enterprise value at other companies

NRG EnergyNRG

$57.68B+87.0%

VistraVST

$69.38B+21.1%

Constellation EnergyCEG

$122.47B—

NorthWestern Energy Group, Inc.NWE

$7.37B+11.5%

Xcel EnergyXEL

$87.04B+21.0%

CMS

CMS EnergyCMS

$42.75B+9.9%

Other financials

Income statement

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Revenue$159.0M+11.8%

Gross profit$26.4M-43.6%

Operating income$4.8M-80.6%

Net income$2.1M-76.7%

EPS (diluted)-$0.01-101%

Balance sheet

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Cash & equivalents$50.6M-25.2%

Total debt$130.0M+28.7%

Total equity$66.3M-8.8%

Total assets$323.0M-7.0%

Cash flow

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Operating cash flow$9.4M-62.4%

CapEx$245.0K-82.7%

Free cash flow$9.1M-61.1%

Valuation

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Market cap$1.23B—

P/E99×—

P/S2.6×—

Profitability

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Gross margin25.2%-14.5pp

Operating margin7%-12.5pp

Net margin2.6%-4.1pp

FCF margin10.3%-3.7pp

Returns & leverage

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Return on equity17.8%-27.4pp

Debt / equity2×+0.6×

Current ratio2.8×-0.1×

Where this comes from

Calculated from Via Renewables, Inc.’s reported figures.

$1.2Bmarket cap+$130.0Mtotal debt−$50.6Mcash and equivalents=$1.3B

The official record: Via Renewables, Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Via Renewables, Inc.'s enterprise value?: Via Renewables, Inc. (VIA) reported enterprise value of $1.3B in Q1 2026.
What does enterprise value mean?: Market capitalization plus total debt minus cash, at the quarter end. The cost to acquire the whole business — what an buyer pays for equity and debt, net of the cash they'd inherit.