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Dominion Energy vs Vistra: revenue, profit, margins and growth compared

Dominion Energy brought in $16.5B of revenue in fiscal 2025, Vistra $17.7B in fiscal 2025. Revenue changed by +14.3% at Dominion Energy and +3.0% at Vistra on the year before, so Dominion Energy grew faster. Dominion Energy kept 18.1% of its revenue as net profit, Vistra 5.3%.

Side by side, latest fiscal year

DVST
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$16.5B$17.7B
Revenue growth+14.3%+3.0%
Net income$3B$944M
Net margin18.1%5.3%
Free cash flown/a$1.3B
Free cash flow marginn/a7.4%
Earnings per share (diluted)$3.45$2.18
Cash$250M$785M
Debt$46.3B$17B
Price to earnings17.663.5
Market value$53.4B$46.5B
Dividend yield4.40%0.65%
Rank by revenue in sector#18 of 109 · Utilities#14 of 109 · Utilities

Over the years

Revenue
D FY2018: $11.2BD FY2019: $14.4BD FY2020: $14.2BD FY2021: $11.7BD FY2022: $14.6BD FY2023: $14.4BD FY2024: $14.5BD FY2025: $16.5BVST FY2018: $9.8BVST FY2019: $11.8BVST FY2020: $11.4BVST FY2021: $17.7BVST FY2022: $15.6BVST FY2023: $14.8BVST FY2024: $17.2BVST FY2025: $17.7BFY18FY19FY20FY21FY22FY23FY24FY25
D $16.5BVST $17.7B
Net income
D FY2018: $2.4BD FY2019: $1.4BD FY2020: -$401MD FY2021: $3.4BD FY2022: $1.2BD FY2023: $2BD FY2024: $2BD FY2025: $3BVST FY2018: -$54MVST FY2019: $928MVST FY2020: $636MVST FY2021: -$1.3BVST FY2022: -$1.2BVST FY2023: $1.5BVST FY2024: $2.7BVST FY2025: $944MFY18FY19FY20FY21FY22FY23FY24FY25
D $3BVST $944M
Net margin
D FY2018: 21.9%D FY2019: 9.4%D FY2020: -2.8%D FY2021: 29.1%D FY2022: 8.2%D FY2023: 13.6%D FY2024: 14.1%D FY2025: 18.1%VST FY2018: -0.6%VST FY2019: 7.9%VST FY2020: 5.6%VST FY2021: -7.2%VST FY2022: -7.8%VST FY2023: 10.1%VST FY2024: 15.4%VST FY2025: 5.3%FY18FY19FY20FY21FY22FY23FY24FY25
D 18.1%VST 5.3%
Revenue growth
D FY2019: +28.6%D FY2020: -1.6%D FY2021: -17.7%D FY2022: +24.8%D FY2023: -1.1%D FY2024: +0.5%D FY2025: +14.3%VST FY2019: +20.5%VST FY2020: -3.1%VST FY2021: +54.7%VST FY2022: -11.7%VST FY2023: -5.5%VST FY2024: +16.5%VST FY2025: +3.0%FY19FY20FY21FY22FY23FY24FY25
D +14.3%VST +3.0%
Free cash flow
D FY2018: $519MD FY2019: $224MVST FY2018: $941MVST FY2019: $2BVST FY2020: $2.1BVST FY2021: -$1.2BVST FY2022: -$816MVST FY2023: $3.8BVST FY2024: $2.5BVST FY2025: $1.3BFY18FY19FY20FY21FY22FY23FY24FY25
D $224MVST $1.3B

Fiscal years as each company reports them; the two may end in different months.

Questions about Dominion Energy and Vistra

Which is bigger by revenue, Dominion Energy or Vistra?

Vistra is bigger by revenue: $17.7B in fiscal 2025, against $16.5B for Dominion Energy in fiscal 2025.

Which keeps more of its revenue as profit, Dominion Energy or Vistra?

Dominion Energy had a net margin of 18.1% in fiscal 2025; Vistra had 5.3% in fiscal 2025.

Which grew revenue faster, Dominion Energy or Vistra?

In their latest fiscal years revenue changed by +14.3% at Dominion Energy and +3.0% at Vistra.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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