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
Trailing twelve months · ending 2026-06-30 · green = improving · click a row to chart it
Revenue $19.2B −1.2% Gross margin — — Operating margin 18.5% +0.4pp Net margin 11.6% +0.0pp CHARTED Net income $2.2B −1.0%Filings
TTM 23-09 → TTM 26-06 · following the period bar 18 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 | no filing | no filing | no filing | 10-K FY 2022 |
All 18 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/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 →Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans
Trends
| Period | Period end | Revenue |
|---|---|---|
| TTM 23-09 | 2023-09-30 | $15.6B |
| TTM 23-12 | 2023-12-31 | $14.8B |
| TTM 24-03 | 2024-03-31 | $13.4B |
| TTM 24-06 | 2024-06-30 | $14.1B |
| TTM 24-09 | 2024-09-30 | $16.3B |
| TTM 24-12 | 2024-12-31 | $17.2B |
| TTM 25-03 | 2025-03-31 | $18.1B |
| TTM 25-06 | 2025-06-30 | $18.5B |
| TTM 25-09 | 2025-09-30 | $17.2B |
| TTM 25-12 | 2025-12-31 | $17.7B |
| TTM 26-03 | 2026-03-31 | $19.4B |
| TTM 26-06 | 2026-06-30 | $19.2B |
| Period | Period end | Net income |
|---|---|---|
| TTM 23-09 | 2023-09-30 | $1.4B |
| TTM 23-12 | 2023-12-31 | $1.5B |
| TTM 24-03 | 2024-03-31 | $759.0M |
| TTM 24-06 | 2024-06-30 | $648.0M |
| TTM 24-09 | 2024-09-30 | $2.0B |
| TTM 24-12 | 2024-12-31 | $2.7B |
| TTM 25-03 | 2025-03-31 | $2.4B |
| TTM 25-06 | 2025-06-30 | $2.4B |
| TTM 25-09 | 2025-09-30 | $1.2B |
| TTM 25-12 | 2025-12-31 | $944.0M |
| TTM 26-03 | 2026-03-31 | $2.2B |
| TTM 26-06 | 2026-06-30 | $2.2B |
| Period | Period end | Operating income |
|---|---|---|
| TTM 23-09 | 2023-09-30 | $2.5B |
| TTM 23-12 | 2023-12-31 | $2.7B |
| TTM 24-03 | 2024-03-31 | $1.6B |
| TTM 24-06 | 2024-06-30 | $1.8B |
| TTM 24-09 | 2024-09-30 | $3.6B |
| TTM 24-12 | 2024-12-31 | $4.1B |
| TTM 25-03 | 2025-03-31 | $3.9B |
| TTM 25-06 | 2025-06-30 | $3.6B |
| TTM 25-09 | 2025-09-30 | $2.0B |
| TTM 25-12 | 2025-12-31 | $1.9B |
| TTM 26-03 | 2026-03-31 | $3.5B |
| TTM 26-06 | 2026-06-30 | $3.6B |
| Period | Period end | Net margin |
|---|---|---|
| TTM 23-09 | 2023-09-30 | 9.2% |
| TTM 23-12 | 2023-12-31 | 10.1% |
| TTM 24-03 | 2024-03-31 | 5.7% |
| TTM 24-06 | 2024-06-30 | 4.6% |
| TTM 24-09 | 2024-09-30 | 12.5% |
| TTM 24-12 | 2024-12-31 | 15.4% |
| TTM 25-03 | 2025-03-31 | 13.4% |
| TTM 25-06 | 2025-06-30 | 12.9% |
| TTM 25-09 | 2025-09-30 | 6.7% |
| TTM 25-12 | 2025-12-31 | 5.3% |
| TTM 26-03 | 2026-03-31 | 11.5% |
| TTM 26-06 | 2026-06-30 | 11.6% |
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 |
|---|---|---|---|---|
| TTM 23-09 | 2023-09-30 | 11 | 59 | 94 |
| TTM 23-12 | 2023-12-31 | 31 | 48 | 64 |
| TTM 24-03 | 2024-03-31 | 3 | 39 | 56 |
| TTM 24-06 | 2024-06-30 | 59 | 39 | 79 |
| TTM 24-09 | 2024-09-30 | 97 | 72 | 91 |
| TTM 24-12 | 2024-12-31 | 93 | 61 | 88 |
| TTM 25-03 | 2025-03-31 | 47 | 47 | 53 |
| TTM 25-06 | 2025-06-30 | 39 | 50 | 62 |
| TTM 25-09 | 2025-09-30 | 3 | 53 | 82 |
| TTM 25-12 | 2025-12-31 | 40 | 49 | 59 |
| TTM 26-03 | 2026-03-31 | 93 | 68 | 83 |
| TTM 26-06 | 2026-06-30 | 16 | 56 | 70 |