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Vistra VST Coal — Coal ash remediation

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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$56.57B-9.9%
Enterprise value$75.06B-6.4%
P/E25.2×-0.6×
P/S2.9×-0.6×

Profitability

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Operating margin18.1%-3.3pp
Net margin11.5%-1.9pp
FCF margin9.3%-4.4pp

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

Reported directly by Vistra in its filing.

Tagged under the XBRL concept us-gaap:EnvironmentalCostsRecognizedRecoveryCreditedToExpense.

The official record: Vistra’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vistra's coal — coal ash remediation?
Vistra (VST) reported coal — coal ash remediation of $140.25M in Q4 2025.
How has Vistra's coal — coal ash remediation changed year-over-year?
Vistra's coal — coal ash remediation increased by 2.7% year-over-year, from $136.5M to $140.25M.
What does coal — coal ash remediation mean?
This metric represents the recurring or project-based expenditures required to manage, treat, and safely store coal combustion residuals produced by coal-fired power generation facilities. It encompasses costs associated with environmental compliance, site closure, and long-term monitoring of ash ponds and landfills to mitigate ecological and regulatory risks. These costs are essential for maintaining the operational license of legacy coal assets and fulfilling environmental stewardship obligations.