Vistra Corp. (VST) stock
VSTNYSEElectric ServicesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 9, 2026Score 18/3020% below fair value
$133.01−1.50 (-1.12%)
Close on Nov 13, 2026Market cap $44.64BP/E 18.0Yield 0.68%
Vistra operating margin
Operating margin is operating income as a percentage of revenue.
Vistra's operating margin for the twelve months ending Sep 30, 2026 was 20.6%. For fiscal 2025 it was 10.7%, against 23.7% the year before. The highest annual figure on record is 23.7% in fiscal 2024.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 10.7% | −12.9 |
| FY2024 | Dec 31, 2024 | 23.7% | +5.7 |
| FY2023 | Dec 31, 2023 | 18.0% | +26.6 |
| FY2022 | Dec 31, 2022 | -8.6% | +4.0 |
| FY2021 | Dec 31, 2021 | -12.5% | −25.8 |
| FY2020 | Dec 31, 2020 | 13.3% | −3.6 |
| FY2019 | Dec 31, 2019 | 16.9% | +11.5 |
| FY2018 | Dec 31, 2018 | 5.4% | +1.7 |
| FY2017 | Dec 31, 2017 | 3.6% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 26.9% | +6.0 |
| Q2 FY2026 | Jun 30, 2026 | 13.8% | +1.6 |
| Q1 FY2026 | Mar 31, 2026 | 26.6% | +29.6 |
| Q4 FY2025 | Dec 31, 2025 | 10.3% | −4.5 |
| Q3 FY2025 | Sep 30, 2025 | 20.9% | −20.3 |
| Q2 FY2025 | Jun 30, 2025 | 12.1% | −8.9 |
| Q1 FY2025 | Mar 31, 2025 | -3.1% | −5.9 |
| Q4 FY2024 | Dec 31, 2024 | 14.8% | +11.5 |
| Q3 FY2024 | Sep 30, 2024 | 41.2% | +20.7 |
| Q2 FY2024 | Jun 30, 2024 | 21.0% | +2.5 |
| Q1 FY2024 | Mar 31, 2024 | 2.8% | −22.7 |
| Q4 FY2023 | Dec 31, 2023 | 3.3% | +5.8 |
| Q3 FY2023 | Sep 30, 2023 | 20.4% | +3.0 |
| Q2 FY2023 | Jun 30, 2023 | 18.5% | +124.5 |
| Q1 FY2023 | Mar 31, 2023 | 25.6% | +34.8 |
| Q4 FY2022 | Dec 31, 2022 | -2.5% | −29.3 |
| Q3 FY2022 | Sep 30, 2022 | 17.4% | +13.4 |
| Q2 FY2022 | Jun 30, 2022 | -106.0% | −108.4 |
| Q1 FY2022 | Mar 31, 2022 | -9.2% | +71.3 |
| Q4 FY2021 | Dec 31, 2021 | 26.7% | +23.7 |
| Q3 FY2021 | Sep 30, 2021 | 4.0% | −15.1 |
| Q2 FY2021 | Jun 30, 2021 | 2.4% | −12.6 |
| Q1 FY2021 | Mar 31, 2021 | -80.5% | −94.2 |
| Q4 FY2020 | Dec 31, 2020 | 3.0% | −8.7 |
| Q3 FY2020 | Sep 30, 2020 | 19.0% | +5.3 |
| Q2 FY2020 | Jun 30, 2020 | 15.0% | −10.7 |
| Q1 FY2020 | Mar 31, 2020 | 13.7% | −3.1 |
| Q4 FY2019 | Dec 31, 2019 | 11.7% | +11.5 |
| Q3 FY2019 | Sep 30, 2019 | 13.8% | −6.3 |
| Q2 FY2019 | Jun 30, 2019 | 25.7% | +16.8 |
| Q1 FY2019 | Mar 31, 2019 | 16.8% | +68.3 |
| Q4 FY2018 | Dec 31, 2018 | 0.2% | +48.9 |
| Q3 FY2018 | Sep 30, 2018 | 20.0% | −4.6 |
| Q2 FY2018 | Jun 30, 2018 | 9.0% | +4.9 |
| Q1 FY2018 | Mar 31, 2018 | -51.5% | −62.9 |
| Q4 FY2017 | Dec 31, 2017 | -48.8% | −35.3 |
| Q3 FY2017 | Sep 30, 2017 | 24.7% | – |
| Q2 FY2017 | Jun 30, 2017 | 4.1% | – |
| Q1 FY2017 | Mar 31, 2017 | 11.4% | – |
| Q4 FY2016 | Dec 31, 2016 | -13.5% | – |
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