Vistra Corp. (VST)
Vistra Corp. brought in $20.7B of revenue over the twelve months to September 30, 2026, up 18.7% from a year earlier. Net income was $2.7B, a net margin of 13.1%. Operating cash flow minus capital spending left $1.3B of free cash flow in fiscal 2025. At September 30, 2026 it held $2.7B in cash against $21.1B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 9, 2026.
Key facts about Vistra Corp.
- Net worth
- Vistra Corp. has a market value (market cap) of $43.6B at the latest share price, and shareholders' equity of $6.3B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $17.7B (+3.0% year on year), with net income of $944M. Over the 12 months to September 30, 2026: revenue $20.7B, net income $2.7B.
- Cash flow
- In fiscal 2025 operations brought in $4.1B of cash; after $2.8B of capital spending, free cash flow was $1.3B.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 9, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Vistra Corp.'s next report is expected around February 25, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Vistra Corp. paid dividends of $0.90 per share in fiscal 2025, a yield of 0.69% at the current price.
What Vistra Corp. does
Vistra is an electricity generation and retail energy company. It generates power using natural gas, nuclear, coal, solar, and battery storage facilities, and sells electricity and natural gas to residential, commercial, and industrial customers. It is known for operating competitive power generation assets and retail energy brands such as TXU Energy. Its shares trade on NYSE under the ticker VST.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $17.7B | $944M | $2.18 | $1.3B |
| 2024 | $17.2B | $2.7B | $7.00 | $2.5B |
| 2023 | $14.8B | $1.5B | $3.58 | $3.8B |
| 2022 | $15.6B | -$1.2B | -$3.26 | -$816M |
| 2021 | $17.7B | -$1.3B | -$2.69 | -$1.2B |
| 2020 | $11.4B | $636M | $1.30 | $2.1B |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where VST ranks in Utilities
Dividends
Vistra Corp. paid $0.90 per share in fiscal 2025. At the current price that is a yield of 0.69%. It paid out $306M in cash dividends, 32% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.90 | $306M | 32% |
| 2024 | $0.87 | $305M | 11% |
| 2023 | $0.82 | $313M | 21% |
| 2022 | $0.72 | $302M | n/a |
| 2021 | n/a | $290M | n/a |
| 2020 | n/a | $266M | 42% |
Latest SEC filings
What Vistra Corp. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 9, 2026Other event 8-K
- November 9, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 28% to $6.3B versus the same quarter last year; diluted EPS $3.23 versus $1.75.
- November 6, 2026
- November 5, 2026Passive stake changed SCHEDULE 13G/A
- November 5, 2026
- October 5, 2026Material agreement8-KVistra subsidiary extended the maturity date of its commodity-linked revolving credit facility to September 29, 2027.
- September 24, 2026Material agreement8-KVistra Corp. subsidiary completed a public offering of $850,000,000 in Series A notes and $650,000,000 in Series B notes.
- September 9, 2026
- August 10, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 3.6% to $4.4B versus the same quarter last year; diluted EPS $0.76 versus $0.81.
- August 7, 2026
What is VST worth? A DCF from its reported cash flow
Insider trades
What the people running Vistra Corp. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $1.2M and sold $16.6M worth of shares in the last 90 days. All of the selling was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 7, 2026 | Moldovan Kristopher E.EVP and CFO | Soldpre-planned (10b5-1), indirect | 20,000 | $3.3M |
| October 6, 2026 | Hudson Scott AEVP & President Vistra Retail | Soldpre-planned (10b5-1) | 22,222 | $3.6M |
| September 8, 2026 | Hudson Scott AEVP & President Vistra Retail | Soldpre-planned (10b5-1) | 7,777 | $1.2M |
| September 8, 2026 | Hudson Scott AEVP & President Vistra Retail | Soldpre-planned (10b5-1) | 28,826 | $4.4M |
| September 8, 2026 | Hudson Scott AEVP & President Vistra Retail | Soldpre-planned (10b5-1) | 7,841 | $1.2M |
| September 8, 2026 | Moldovan Kristopher E.EVP and CFO | Soldpre-planned (10b5-1), indirect | 20,000 | $3M |
| September 1, 2026 | Burke James APresident and CEO, Director | Boughtindirect | 4,465 | $603.9K |
| August 31, 2026 | Burke James APresident and CEO, Director | Boughtindirect | 2,200 | $299.2K |
Who owns VST
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Capital Management13G, passive | 7.25% | April 28, 2026 |
| Qatar Investment Authority13G, passive with 1 related filers | 5.5% | August 5, 2025 |
| Fmr LLC13G, passive with 1 related filers | 5.1% | May 12, 2025 |
| Vanguard Portfolio Management13G, passive | 5.01% | April 28, 2026 |
Largest institutional holders
Insiders
17 insiders reported holding 3,521,722 shares in total, about $457.5M at the last price.
| Holder | Shares |
|---|---|
| Burke James APresident and CEO, Director | 1,644,2151,146,352 held indirectly |
| Moldovan Kristopher E.EVP and CFO | 424,133179,044 held indirectly |
| Hudson Scott AEVP & President Vistra Retail | 308,915 |
| Kirby Carrie LeeEVP and Chief Admin. Officer | 262,819 |
| Helm Scott BDirector | 232,200 |
| Dore Stacey HEVP & Chief Strategy Officer | 184,183 |
| Moore Stephanie ZapataEVP and General Counsel | 114,409 |
| Sult John RDirector | 70,714 |
| Ackermann Hilary E.Director | 68,852 |
| Barbas Paul MDirector | 53,006 |
Questions about VST
What does Vistra Corp. do?
Vistra is an electricity generation and retail energy company. It generates power using natural gas, nuclear, coal, solar, and battery storage facilities, and sells electricity and natural gas to residential, commercial, and industrial customers. It is known for operating competitive power generation assets and retail energy brands such as TXU Energy. Its shares trade on NYSE under the ticker VST.
What is Vistra Corp.'s net worth?
Vistra Corp. has a market value (market cap) of $43.6B at the latest share price, and shareholders' equity of $6.3B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Vistra Corp. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $2.7B on revenue of $20.7B, a net margin of 13.1%.
How much revenue does Vistra Corp. make?
Over the twelve months to September 30, 2026 Vistra Corp. reported revenue of $20.7B. That is 18.7% more than a year earlier.
When did Vistra Corp. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 9, 2026. It covers the period to September 30, 2026.
When is Vistra Corp.'s next earnings report?
Vistra Corp.'s next report is expected around February 25, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Vistra Corp. pay a dividend?
Yes. Vistra Corp. paid dividends of $0.90 per share in fiscal 2025, a yield of 0.69% at the current price.
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Where the numbers come from
Financial figures are the values Vistra Corp. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.