Vistra Corp.
VST Utilities · UtilitiesEach grade is a single reported quarter's assessment, never an average — a card shows the grade at the newest quarter in view, so it follows the period and range controls above. Latest scored quarter: 2026-06-30.
▲+4 over range · as of 2026-06-30
Revenue -5.5% YoY, earnings -6.7% YoY · sector avg 73
▼−3 over range · as of 2026-06-30
7.6% net margin, 40% return on equity, 12% free-cash-flow margin, profitable in 7 of last 8 quarters · sector avg 51
▼−24 over range · as of 2026-06-30
Net debt 3.5x EBITDA, 2x interest coverage, 1.0x current ratio · sector avg 65
Latest quarter · ending 2026-06-30 · green = improving · click a row to chart it
Revenue $4.0B −28.8% Gross margin — — Operating margin 13.8% −12.8pp Net margin 7.6% −10.7pp Net income $305.0M −70.4%Filings
Full history 33 match| Year | Q1 | Q2 | Q3 | FY |
|---|---|---|---|---|
| 2026 | 10-Q Q1 2026 | 10-Q Q2 2026 | no filing | no filing |
| 2025 | 10-Q Q1 2025 | 10-Q Q2 2025 | 10-Q Q3 2025 | 10-K FY 2025 |
| 2024 | 10-Q Q1 2024 | 10-Q Q2 2024 | 10-Q Q3 2024 | 10-K FY 2024 |
| 2023 | 10-Q Q1 2023 | 10-Q Q2 2023 | 10-Q Q3 2023 | 10-K FY 2023 |
| 2022 | 10-Q Q1 2022 | 10-Q Q2 2022 | 10-Q Q3 2022 | 10-K FY 2022 |
| 2021 | 10-Q Q1 2021 | 10-Q Q2 2021 | 10-Q Q3 2021 | 10-K FY 2021 |
| 2020 | 10-Q Q1 2020 | 10-Q Q2 2020 | 10-Q Q3 2020 | 10-K FY 2020 |
| 2019 | no filing | no filing | 10-Q Q3 2019 | 10-K FY 2019 |
All 33 filings
10-K FY 2024 2025-02-28 Pro → 10-Q Q3 2024 2024-11-08 Pro → 10-Q Q2 2024 2024-08-09 Pro → 10-Q Q1 2024 2024-05-10 Pro → 10-K FY 2023 2024-02-29 Pro → 10-Q Q3 2023 2023-11-07 Pro → 10-Q Q2 2023 2023-08-09 Pro → 10-Q Q1 2023 2023-05-09 Pro → 10-K FY 2022 2023-03-01 Pro → 10-Q Q3 2022 2022-11-04 Pro → 10-Q Q2 2022 2022-08-05 Pro → 10-Q Q1 2022 2022-05-06 Pro → 10-K FY 2021 2022-02-25 Pro → 10-Q Q3 2021 2021-11-05 Pro → 10-Q Q2 2021 2021-08-05 Pro → 10-Q Q1 2021 2021-05-04 Pro → 10-K FY 2020 2021-02-26 Pro → 10-Q Q3 2020 2020-11-04 Pro → 10-Q Q2 2020 2020-08-05 Pro → 10-Q Q1 2020 2020-05-05 Pro → 10-K FY 2019 2020-02-28 Pro → 10-Q Q3 2019 2019-11-05 Pro → 10-Q/A —covered period not dated yet — listed by filing date 2019-07-19 Pro → 10-K/A —covered period not dated yet — listed by filing date 2019-07-19 Pro → 10-Q/A —covered period not dated yet — listed by filing date 2019-05-13 Pro → 10-K Q4 2018 2019-02-28 Pro → 10-K Q4 2017 2018-02-26 Pro →Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans
Trends
| Period | Period end | Revenue |
|---|---|---|
| 16-12 | 2016-12-31 | $1.2B |
| 18-03 | 2018-03-31 | $765.0M |
| 18-06 | 2018-06-30 | $2.6B |
| 18-09 | 2018-09-30 | $3.2B |
| 18-12 | 2018-12-31 | $2.6B |
| 19-03 | 2019-03-31 | $2.9B |
| 19-06 | 2019-06-30 | $2.8B |
| 19-09 | 2019-09-30 | $3.2B |
| 19-12 | 2019-12-31 | $2.9B |
| 20-03 | 2020-03-31 | $2.9B |
| 20-06 | 2020-06-30 | $2.5B |
| 20-09 | 2020-09-30 | $3.6B |
| 20-12 | 2020-12-31 | $2.5B |
| 21-03 | 2021-03-31 | $3.2B |
| 21-06 | 2021-06-30 | $2.6B |
| 21-09 | 2021-09-30 | $3.0B |
| 21-12 | 2021-12-31 | $3.3B |
| 22-03 | 2022-03-31 | $3.1B |
| 22-06 | 2022-06-30 | $1.6B |
| 22-09 | 2022-09-30 | $5.1B |
| 22-12 | 2022-12-31 | $3.9B |
| 23-03 | 2023-03-31 | $4.4B |
| 23-06 | 2023-06-30 | $3.2B |
| 23-09 | 2023-09-30 | $4.1B |
| 23-12 | 2023-12-31 | $3.1B |
| 24-03 | 2024-03-31 | $3.1B |
| 24-06 | 2024-06-30 | $3.8B |
| 24-09 | 2024-09-30 | $6.3B |
| 24-12 | 2024-12-31 | $4.0B |
| 25-03 | 2025-03-31 | $3.9B |
| 25-06 | 2025-06-30 | $4.2B |
| 25-09 | 2025-09-30 | $5.0B |
| 25-12 | 2025-12-31 | $4.6B |
| 26-03 | 2026-03-31 | $5.6B |
| 26-06 | 2026-06-30 | $4.0B |
| Period | Period end | Net income |
|---|---|---|
| 16-12 | 2016-12-31 | -$163.0M |
| 18-03 | 2018-03-31 | -$306.0M |
| 18-06 | 2018-06-30 | $108.0M |
| 18-09 | 2018-09-30 | $330.0M |
| 18-12 | 2018-12-31 | -$186.0M |
| 19-03 | 2019-03-31 | $225.0M |
| 19-06 | 2019-06-30 | $356.0M |
| 19-09 | 2019-09-30 | $113.0M |
| 19-12 | 2019-12-31 | $234.0M |
| 20-03 | 2020-03-31 | $56.0M |
| 20-06 | 2020-06-30 | $166.0M |
| 20-09 | 2020-09-30 | $443.0M |
| 20-12 | 2020-12-31 | -$29.0M |
| 21-03 | 2021-03-31 | -$2.0B |
| 21-06 | 2021-06-30 | $36.0M |
| 21-09 | 2021-09-30 | $7.0M |
| 21-12 | 2021-12-31 | $726.0M |
| 22-03 | 2022-03-31 | -$285.0M |
| 22-06 | 2022-06-30 | -$1.4B |
| 22-09 | 2022-09-30 | $668.0M |
| 22-12 | 2022-12-31 | -$245.0M |
| 23-03 | 2023-03-31 | $699.0M |
| 23-06 | 2023-06-30 | $476.0M |
| 23-09 | 2023-09-30 | $502.0M |
| 23-12 | 2023-12-31 | -$184.0M |
| 24-03 | 2024-03-31 | -$35.0M |
| 24-06 | 2024-06-30 | $365.0M |
| 24-09 | 2024-09-30 | $1.9B |
| 24-12 | 2024-12-31 | $441.0M |
| 25-03 | 2025-03-31 | -$268.0M |
| 25-06 | 2025-06-30 | $327.0M |
| 25-09 | 2025-09-30 | $652.0M |
| 25-12 | 2025-12-31 | $233.0M |
| 26-03 | 2026-03-31 | $1.0B |
| 26-06 | 2026-06-30 | $305.0M |
| Period | Period end | Operating income |
|---|---|---|
| 16-12 | 2016-12-31 | -$161.0M |
| 18-03 | 2018-03-31 | -$394.0M |
| 18-06 | 2018-06-30 | $231.0M |
| 18-09 | 2018-09-30 | $650.0M |
| 18-12 | 2018-12-31 | $4.0M |
| 19-03 | 2019-03-31 | $490.0M |
| 19-06 | 2019-06-30 | $729.0M |
| 19-09 | 2019-09-30 | $440.0M |
| 19-12 | 2019-12-31 | $334.0M |
| 20-03 | 2020-03-31 | $391.0M |
| 20-06 | 2020-06-30 | $377.0M |
| 20-09 | 2020-09-30 | $676.0M |
| 20-12 | 2020-12-31 | $75.0M |
| 21-03 | 2021-03-31 | -$2.6B |
| 21-06 | 2021-06-30 | $62.0M |
| 21-09 | 2021-09-30 | $119.0M |
| 21-12 | 2021-12-31 | $887.0M |
| 22-03 | 2022-03-31 | -$288.0M |
| 22-06 | 2022-06-30 | -$1.7B |
| 22-09 | 2022-09-30 | $894.0M |
| 22-12 | 2022-12-31 | -$100.0M |
| 23-03 | 2023-03-31 | $1.1B |
| 23-06 | 2023-06-30 | $591.0M |
| 23-09 | 2023-09-30 | $834.0M |
| 23-12 | 2023-12-31 | $105.0M |
| 24-03 | 2024-03-31 | $86.0M |
| 24-06 | 2024-06-30 | $808.0M |
| 24-09 | 2024-09-30 | $2.6B |
| 24-12 | 2024-12-31 | $599.0M |
| 25-03 | 2025-03-31 | -$120.0M |
| 25-06 | 2025-06-30 | $515.0M |
| 25-09 | 2025-09-30 | $1.0B |
| 25-12 | 2025-12-31 | $474.0M |
| 26-03 | 2026-03-31 | $1.5B |
| 26-06 | 2026-06-30 | $553.0M |
| Period | Period end | EPS (diluted) |
|---|---|---|
| 16-12 | 2016-12-31 | not reported |
| 18-03 | 2018-03-31 | -$0.71 |
| 18-06 | 2018-06-30 | $0.20 |
| 18-09 | 2018-09-30 | $0.61 |
| 18-12 | 2018-12-31 | -$0.35 |
| 19-03 | 2019-03-31 | $0.44 |
| 19-06 | 2019-06-30 | $0.70 |
| 19-09 | 2019-09-30 | $0.23 |
| 19-12 | 2019-12-31 | $0.49 |
| 20-03 | 2020-03-31 | $0.11 |
| 20-06 | 2020-06-30 | $0.34 |
| 20-09 | 2020-09-30 | $0.90 |
| 20-12 | 2020-12-31 | not reported |
| 21-03 | 2021-03-31 | -$4.21 |
| 21-06 | 2021-06-30 | $0.07 |
| 21-09 | 2021-09-30 | $0.01 |
| 21-12 | 2021-12-31 | not reported |
| 22-03 | 2022-03-31 | -$0.72 |
| 22-06 | 2022-06-30 | -$3.27 |
| 22-09 | 2022-09-30 | $1.51 |
| 22-12 | 2022-12-31 | not reported |
| 23-03 | 2023-03-31 | $1.71 |
| 23-06 | 2023-06-30 | $1.17 |
| 23-09 | 2023-09-30 | $1.25 |
| 23-12 | 2023-12-31 | not reported |
| 24-03 | 2024-03-31 | -$0.24 |
| 24-06 | 2024-06-30 | $0.90 |
| 24-09 | 2024-09-30 | $5.25 |
| 24-12 | 2024-12-31 | not reported |
| 25-03 | 2025-03-31 | -$0.93 |
| 25-06 | 2025-06-30 | $0.81 |
| 25-09 | 2025-09-30 | $1.75 |
| 25-12 | 2025-12-31 | not reported |
| 26-03 | 2026-03-31 | $2.87 |
| 26-06 | 2026-06-30 | $0.76 |
Grade history
Point-in-time: each period shows the grade of the quarter it ends at — grades are never summed or averaged across a window.
Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100
| Period | Period end | Growth | Quality | Safety |
|---|---|---|---|---|
| 16-12 | 2016-12-31 | not scored | not scored | not scored |
| 18-03 | 2018-03-31 | not scored | not scored | not scored |
| 18-06 | 2018-06-30 | not scored | not scored | not scored |
| 18-09 | 2018-09-30 | not scored | not scored | not scored |
| 18-12 | 2018-12-31 | not scored | not scored | not scored |
| 19-03 | 2019-03-31 | not scored | not scored | not scored |
| 19-06 | 2019-06-30 | not scored | not scored | not scored |
| 19-09 | 2019-09-30 | not scored | not scored | not scored |
| 19-12 | 2019-12-31 | not scored | not scored | not scored |
| 20-03 | 2020-03-31 | not scored | not scored | not scored |
| 20-06 | 2020-06-30 | not scored | not scored | not scored |
| 20-09 | 2020-09-30 | not scored | not scored | not scored |
| 20-12 | 2020-12-31 | not scored | not scored | not scored |
| 21-03 | 2021-03-31 | not scored | not scored | not scored |
| 21-06 | 2021-06-30 | not scored | not scored | not scored |
| 21-09 | 2021-09-30 | not scored | not scored | not scored |
| 21-12 | 2021-12-31 | not scored | not scored | not scored |
| 22-03 | 2022-03-31 | not scored | not scored | not scored |
| 22-06 | 2022-06-30 | not scored | not scored | not scored |
| 22-09 | 2022-09-30 | not scored | not scored | not scored |
| 22-12 | 2022-12-31 | not scored | not scored | not scored |
| 23-03 | 2023-03-31 | not scored | not scored | not scored |
| 23-06 | 2023-06-30 | not scored | not scored | not scored |
| 23-09 | 2023-09-30 | 11 | 59 | 94 |
| 23-12 | 2023-12-31 | 31 | 48 | 64 |
| 24-03 | 2024-03-31 | 3 | 39 | 56 |
| 24-06 | 2024-06-30 | 59 | 39 | 79 |
| 24-09 | 2024-09-30 | 97 | 72 | 91 |
| 24-12 | 2024-12-31 | 93 | 61 | 88 |
| 25-03 | 2025-03-31 | 47 | 47 | 53 |
| 25-06 | 2025-06-30 | 39 | 50 | 62 |
| 25-09 | 2025-09-30 | 3 | 53 | 82 |
| 25-12 | 2025-12-31 | 40 | 49 | 59 |
| 26-03 | 2026-03-31 | 93 | 68 | 83 |
| 26-06 | 2026-06-30 | 16 | 56 | 70 |