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VST

Utilities · Electric Utilities

Vistra: revenue, profit and dividends

In fiscal 2025, Vistra had revenue of $17.7B, up 9.2% a year on average since 2020, and net income of $944M (5.3% of revenue). Its dividend per share has gone up 3 years in a row, to $0.90.

Revenue, fiscal 2025

$17.7B+9.2% a year

average annual revenue growth since 2020 · +3.0% vs 2024

Net income, 2025
$944M
5.3% of revenue
Diluted EPS, 2025
$2.18
Dividend per share, 2025
$0.90
raised 3 years in a row
Shares, 2025
346M
Free cash flow, 2025
$1.32B
$4.07B from operations − $2.75B capex
Ticker
VST · NYSE
Sector
Utilities
Sub-industry
Electric Utilities
Headquarters
Irving, Texas
Founded
2016
In the S&P 500 since
May 8, 2024
Latest fiscal year
2025, ended December 31, 2025
SEC filer
Vistra Corp. · CIK 0001692819

Revenue and net income

Revenue went from $5.43B in 2017 to $17.7B in 2025. Net loss in 2017–2018, 2021–2022.

RevenueNet income
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Diluted earnings per share

Diluted EPS went from −$0.59 in 2017 to $2.18 in 2025.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Dividends per share

Raised 3 years in a row, every year from 2023 to 2025.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Shares outstanding

From 428M in 2017 to 346M in 2025.

Fiscal years · diluted weighted-average shares, adjusted for splitsSource: SEC EDGAR (company filings)

Operating cash flow, capex and free cash flow

Free cash flow (operating cash flow minus capital expenditure) was $1.32B in 2025, 7.4% of revenue. Negative in 2021–2022.

Operating cash flowCapital expenditureFree cash flow
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Year by year

Fiscal yearRevenueNet incomeNet marginDiluted EPSDividendSharesOperating cash flowCapexFree cash flow
2025$17.7B$944M5.3%$2.18$0.90346M$4.07B$2.75B$1.32B
2024$17.2B$2.66B15.4%$7.00$0.87353M$4.56B$2.08B$2.48B
2023$14.8B$1.49B10.1%$3.58$0.82375M$5.45B$1.68B$3.78B
2022$13.7B−$1.23B−8.9%−$3.26$0.72422M$485M$1.3B−$816M
2021$12.1B−$1.27B−10.5%−$2.69—482M−$206M$1.03B−$1.24B
2020$11.4B$636M5.6%$1.30—491M$3.34B$1.26B$2.08B
2019$11.8B$928M7.9%$1.86$0.50*500M$2.74B$713M$2.02B
2018$9.14B−$54M−0.6%−$0.11—505M$1.47B$530M$941M
2017$5.43B−$254M−4.7%−$0.59—428M$1.39B$114M$1.27B

Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data. * added up from quarterly reports.

About these figures

Other Electric Utilities companies

All 31 Utilities companies

Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.