Vistra VST Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 60%-20.1pp | 63.3%-7.5pp | 76.3%+11.2pp | 86.5%+27.7pp | 80.1%+19.2pp | |
| Net margin | 36.5%— | 38.3%— | 48.4%— | —— | —— | |
| EBITDA margin | 104.4%-19.2pp | 108.5%-6.3pp | 121%+12.3pp | 129.6%+28.1pp | 123.6%+22.3pp | |
| Free cash flow margin | 35.2%-21.2pp | 39.6%-23.2pp | 46.6%-27.3pp | 49.5%— | 56.4%— | |
| Returns | ||||||
| Return on equity | 128.2%— | 131.5%— | 162.7%— | —— | —— | |
| Return on assets | 17.2%— | 17.9%— | 23.1%— | —— | —— | |
| Return on invested capital | 46.2%-8.7pp | 46%-0.4pp | 56.2%+15.2pp | 62.2%+24.7pp | 54.9%+13.1pp | |
| Efficiency | ||||||
| Asset turnover | 1.9×0.0× | 1.9×+0.1× | 1.9×+0.2× | 1.9×+0.2× | 1.8×0.0× | |
| Liquidity | ||||||
| Current ratio | 3.6×-0.4× | 3.5×-0.6× | 3.7×-0.6× | 3.8×-0.6× | 3.9×-0.7× | |
| Quick ratio | 3.3×-0.1× | 3.2×-0.5× | 3.3×-0.7× | 3.4×-0.7× | 3.5×-0.8× | |
| Cash ratio | 0.3×-0.2× | 0.3×-0.3× | 0.3×-0.4× | 0.4×-0.6× | 0.5×-0.5× | |
| Leverage | ||||||
| Debt-to-equity | 13.8×+1.4× | 14.1×+2.7× | 13.3×+2.2× | 13×+2.0× | 12.4×+2.0× | |
| Debt-to-assets | 1.8×+0.1× | 1.8×+0.1× | 1.8×+0.1× | 1.8×0.0× | 1.7×0.0× | |
| Net debt / EBITDA | 14.8×+2.3× | 14.4×+0.3× | 12.3×-1.8× | 11.2×-3.0× | 12.5×-0.4× | |
| Interest coverage | 9.9×-4.0× | 10.4×-2.0× | 13.4×+1.8× | 14.9×+3.0× | 13.9×-0.4× | |
| Per Share | ||||||
| Book value per share | $60.18-1.9% | $58.00-8.4% | $59.06-4.2% | $59.49-2.4% | $61.32+3.3% | |
| Valuation | ||||||
| Market capitalization | $235.11B+48.8% | $224.17B+57.3% | $216.41B+98.3% | $191.17B+138% | $158B+164% | |
| Enterprise value | $304.01B+38.5% | $291.94B+45.2% | $281.25B+72.1% | $254.49B+94.2% | $219.42B+104% | |
| Price / earnings | 164.7×— | 158.4×— | 118.2×— | —— | —— | |
| Price / sales | 13×+3.4× | 12.6×+3.4× | 12.2×+4.8× | 10.9×+5.2× | 9.6×+5.5× | |
| Price / book | 45.7×+16.0× | 44.8×+19.2× | 42.5×+22.7× | 37.4×+22.9× | 29.6×+18.7× | |
| EV / EBITDA | 65.6×+21.8× | 62.7×+16.4× | 54.5×+12.8× | 44.9×+7.9× | 43.8×+14.4× | |
| EV / sales | 16.8×+3.4× | 16.4×+3.3× | 15.9×+4.7× | 14.5×+5.3× | 13.3×+6.0× | |
| Free cash flow yield | 11%-12.8pp | 13.7%-14.9pp | 16.6%-34.6pp | 19%— | 23.9%— | |
| Earnings yield | 11.6%— | 13.3%— | 17.3%— | —— | —— | |
| Dividend yield | 2.1%-1.1pp | 2.3%-1.4pp | 2.4%-3.0pp | 2.7%-4.4pp | 3.2%-6.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Vistra's ratios come from?
- Every ratio is computed from Vistra's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
