Vistra (VST) Construction in Progress (2016 - 2026)
Vistra's Construction in Progress came in at $1.84 billion for Q2 2026, up 18.2% from $1.56 billion a year earlier and up 5.1% from the prior quarter.
Vistra (VST) Construction in Progress (2016 - 2026) Analysis & Trends
At the end of FY2025, Vistra's Construction in Progress was $1.92 billion, up 80.8% from FY2024.
- Construction in Progress carries a five-year compound annual growth rate of 21.9% (FY2020 to FY2025).
- Going back by year, Construction in Progress was $1.06 billion in FY2024 (+103.1%), $522 million in FY2023 (unchanged), $522 million in FY2022 (+7.4%) and $486 million in FY2021 (-31.7%).
- The five-year range for quarterly Construction in Progress is $264 million (Q3 2022) to $1.97 billion (Q3 2025).
- Year-over-year, Construction in Progress has increased for nine consecutive quarters, with growth averaging 87.5% over the last eight quarters.
- The fastest year-over-year change in Construction in Progress over five years came in Q3 2024 (growth of 219.6%), and the weakest in Q1 2022 (a decline of 39.3%).
- Business Quant data shows VST's Construction in Progress at $1.75 billion (Q1 2026), $1.92 billion (Q4 2025) and $1.97 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Vistra | 46.38 Bn | 39.58 Bn | - | 1.84 Bn |
| 2 | AXIA Energia | 29.36 Bn | 16.29 Bn | 2.59 Bn | - |
| 3 | Nrg Energy | 20.40 Bn | 14.62 Bn | 2.01 Bn | - |
| 4 | Talen Energy | 14.54 Bn | 12.12 Bn | - | - |
| 5 | Enlight Renewable Energy | 9.08 Bn | 6.01 Bn | 117.49 Mn | - |
| 6 | Brookfield Renewable Partners | 7.61 Bn | 28.99 Bn | 927.00 Mn | 6.92 Bn |
| 7 | Oklo | 6.87 Bn | 6.87 Bn | - | - |
| 8 | Clearway Energy | 6.32 Bn | 8.88 Bn | - | - |
| 9 | Ormat Technologies | 5.56 Bn | 4.30 Bn | 68.70 Mn | 975.43 Mn |
| 10 | ReNew Energy Global | 4.99 Bn | 3.86 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.84 Bn |
| Mar 31, 2026 | 1.75 Bn |
| Dec 31, 2025 | 1.92 Bn |
| Sep 30, 2025 | 1.97 Bn |
| Jun 30, 2025 | 1.56 Bn |
| Mar 31, 2025 | 1.39 Bn |
| Dec 31, 2024 | 1.06 Bn |
| Sep 30, 2024 | 1.13 Bn |
| Jun 30, 2024 | 831.00 Mn |
| Mar 31, 2024 | 734.00 Mn |
| Dec 31, 2023 | 522.00 Mn |
| Sep 30, 2023 | 352.00 Mn |
| Jun 30, 2023 | 355.00 Mn |
| Mar 31, 2023 | 785.00 Mn |
| Dec 31, 2022 | 522.00 Mn |
| Sep 30, 2022 | 264.00 Mn |
| Jun 30, 2022 | 344.00 Mn |
| Mar 31, 2022 | 528.00 Mn |
| Dec 31, 2021 | 486.00 Mn |
| Sep 30, 2021 | 419.00 Mn |
Vistra Construction in Progress API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=construction-in-progress&ticker=VST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "construction-in-progress", "ticker": "VST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=construction-in-progress&ticker=VST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();