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

Dte Energy brought in $15.8B of revenue in fiscal 2025, Vistra $17.7B in fiscal 2025. Revenue changed by +26.9% at Dte Energy and +3.0% at Vistra on the year before, so Dte Energy grew faster. Dte Energy kept 9.2% of its revenue as net profit, Vistra 5.3%.

Side by side, latest fiscal year

DTEVST
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$15.8B$17.7B
Revenue growth+26.9%+3.0%
Net income$1.5B$944M
Net margin9.2%5.3%
Free cash flown/a$1.3B
Free cash flow marginn/a7.4%
Earnings per share (diluted)$7.03$2.18
Cash$208M$785M
Debt$25.3B$17B
Price to earnings17.363.5
Market value$25.3B$46.5B
Dividend yield3.66%0.65%
Rank by revenue in sector#19 of 109 · Utilities#14 of 109 · Utilities

Over the years

Revenue
DTE FY2018: $14.2BDTE FY2019: $12.2BDTE FY2020: $11.4BDTE FY2021: $15BDTE FY2022: $19.2BDTE FY2023: $12.7BDTE FY2024: $12.5BDTE FY2025: $15.8BVST FY2018: $9.8BVST FY2019: $11.8BVST FY2020: $11.4BVST FY2021: $17.7BVST FY2022: $15.6BVST FY2023: $14.8BVST FY2024: $17.2BVST FY2025: $17.7BFY18FY19FY20FY21FY22FY23FY24FY25
DTE $15.8BVST $17.7B
Net income
DTE FY2018: $1.1BDTE FY2019: $1.2BDTE FY2020: $1.4BDTE FY2021: $907MDTE FY2022: $1.1BDTE FY2023: $1.4BDTE FY2024: $1.4BDTE FY2025: $1.5BVST FY2018: -$54MVST FY2019: $928MVST FY2020: $636MVST FY2021: -$1.3BVST FY2022: -$1.2BVST FY2023: $1.5BVST FY2024: $2.7BVST FY2025: $944MFY18FY19FY20FY21FY22FY23FY24FY25
DTE $1.5BVST $944M
Net margin
DTE FY2018: 7.9%DTE FY2019: 9.6%DTE FY2020: 12.0%DTE FY2021: 6.1%DTE FY2022: 5.6%DTE FY2023: 11.0%DTE FY2024: 11.3%DTE FY2025: 9.2%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
DTE 9.2%VST 5.3%
Revenue growth
DTE FY2019: -14.4%DTE FY2020: -6.1%DTE FY2021: +31.0%DTE FY2022: +28.5%DTE FY2023: -33.7%DTE FY2024: -2.3%DTE FY2025: +26.9%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
DTE +26.9%VST +3.0%
Free cash flow
VST FY2018: $941MVST FY2019: $2BVST FY2020: $2.1BVST FY2021: -$1.2BVST FY2022: -$816MVST FY2023: $3.8BVST FY2024: $2.5BVST FY2025: $1.3BFY18FY19FY20FY21FY22FY23FY24FY25
DTEVST $1.3B

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

Questions about Dte Energy and Vistra

Which is bigger by revenue, Dte Energy or Vistra?

Vistra is bigger by revenue: $17.7B in fiscal 2025, against $15.8B for Dte Energy in fiscal 2025.

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

Dte Energy had a net margin of 9.2% in fiscal 2025; Vistra had 5.3% in fiscal 2025.

Which grew revenue faster, Dte Energy or Vistra?

In their latest fiscal years revenue changed by +26.9% at Dte 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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