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Vistra VST Free cash flow margin

Free cash flow margin at other companies

Nextra Energy logo
Nextra EnergyNEE
10.5%-8.7pp
Ameren logo
AmerenAEE
-18.1%-3.0pp
NRG Energy logo
NRG EnergyNRG
5.7%
CNP
CenterPoint EnergyCNP
-28.4%-1.6pp
Entergy logo
EntergyETR
-20.9%+3,135pp
Eversource Energy logo
Eversource EnergyES
1.7%+0.9pp

Other financials

Income statement

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Revenue$5.6B+43.4%
Operating income$1.5B+1,349%
Net income$1.0B+484%
EPS (diluted)$2.87+409%

Balance sheet

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Cash & equivalents$677.0M+13.6%
Total debt$19.2B+6.7%
Total equity$5.6B+16.0%
Total assets$41.3B+8.1%

Cash flow

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Operating cash flow$1.2B+100%
CapEx$883.0M+15.0%
Free cash flow$316.0M+287%

Valuation

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Market cap$53.55B+27.4%
Enterprise value$72.04B+21.1%
P/E23.9×+6.6×
P/S2.8×+0.4×

Profitability

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Operating margin18.1%-3.3pp
Net margin11.5%-1.9pp

Returns & leverage

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Return on equity43%-3.3pp
Debt / equity3.4×-0.3×
Current ratio0.9×0.0×

Where this comes from

Calculated from Vistra’s reported figures.

Based on trailing twelve months.

The official record: Vistra’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vistra's free cash flow margin?
Vistra (VST) reported free cash flow margin of 9.3% in Q1 2026.
How has Vistra's free cash flow margin changed year-over-year?
Vistra's free cash flow margin decreased by 32.0% year-over-year, from 13.6% to 9.3%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.