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Vistra VST Net margin

Net margin at other companies

Nextra Energy logo
Nextra EnergyNEE
29.6%+7.8pp
Ameren logo
AmerenAEE
17.2%+1.9pp
NRG Energy logo
NRG EnergyNRG
0.7%-3.9pp
CNP
CenterPoint EnergyCNP
11.4%+0.6pp
Entergy logo
EntergyETR
14.4%-0.4pp
EVR
EvergyEVRG
14.6%-0.2pp

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

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 net margin?
Vistra (VST) reported net margin of 11.5% in Q1 2026.
How has Vistra's net margin changed year-over-year?
Vistra's net margin decreased by 14.0% year-over-year, from 13.4% to 11.5%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.