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Vistra VST Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Operating margin60%-20.1pp63.3%-7.5pp76.3%+11.2pp86.5%+27.7pp80.1%+19.2pp
Net margin36.5%38.3%48.4%
Returns
Return on equity128.2%131.5%162.7%
Return on invested capital46.2%-8.7pp46%-0.4pp56.2%+15.2pp62.2%+24.7pp54.9%+13.1pp
Efficiency
Asset turnover1.9×0.0×1.9×+0.1×1.9×+0.2×1.9×+0.2×1.8×0.0×
Liquidity
Current ratio3.6×-0.4×3.5×-0.6×3.7×-0.6×3.8×-0.6×3.9×-0.7×
Leverage
Debt-to-equity13.8×+1.4×14.1×+2.7×13.3×+2.2×13×+2.0×12.4×+2.0×
Net debt / EBITDA14.8×+2.3×14.4×+0.3×12.3×-1.8×11.2×-3.0×12.5×-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%
Price / earnings164.7×158.4×118.2×
Price / sales13×+3.4×12.6×+3.4×12.2×+4.8×10.9×+5.2×9.6×+5.5×
Price / book45.7×+16.0×44.8×+19.2×42.5×+22.7×37.4×+22.9×29.6×+18.7×
EV / EBITDA65.6×+21.8×62.7×+16.4×54.5×+12.8×44.9×+7.9×43.8×+14.4×
Dividend yield2.1%-1.1pp2.3%-1.4pp2.4%-3.0pp2.7%-4.4pp3.2%-6.0pp

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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.