Vistra (VST) Debt Ratio (2016 - 2026)
Vistra's (VST) Debt Ratio was 0.46 for Q2 2026, up 5.5% from 0.44 a year earlier but down 0.9% from the prior quarter.
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Analysis
Vistra (VST) Debt Ratio (2016 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Vistra was 0.45, up 5.1% from FY2024.
- By year, Debt Ratio came in at 0.43 in FY2024 (-1.2%), 0.44 in FY2023 (+13.5%), 0.38 in FY2022 (+6.5%) and 0.36 in FY2021 (-2.3%).
- Five-year quarterly Debt Ratio spans a low of 0.32 in Q1 2022 and a high of 0.46 in Q1 2026.
- Year over year, Debt Ratio has now increased in each of the last six quarters, with growth averaging 3.9% over the last eight quarters.
- The high point for year-over-year Debt Ratio in five years was Q3 2023 (growth of 25.8%); the low point was Q1 2022 (a decline of 24.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.46 (Q1 2026), 0.45 (Q4 2025) and 0.42 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Vistra | 46.38 Bn | 39.58 Bn | - | 0.46 |
| 2 | AXIA Energia | 29.36 Bn | 16.29 Bn | 2.59 Bn | - |
| 3 | Nrg Energy | 20.40 Bn | 14.62 Bn | 2.01 Bn | 0.58 |
| 4 | Talen Energy | 14.54 Bn | 12.12 Bn | - | 0.64 |
| 5 | Enlight Renewable Energy | 9.08 Bn | 6.01 Bn | 117.49 Mn | 0.48 |
| 6 | Brookfield Renewable Partners | 7.61 Bn | 28.99 Bn | 927.00 Mn | 0.04 |
| 7 | Oklo | 6.87 Bn | 6.87 Bn | - | 0.00 |
| 8 | Clearway Energy | 6.32 Bn | 8.88 Bn | - | 0.54 |
| 9 | Ormat Technologies | 5.56 Bn | 4.30 Bn | 68.70 Mn | 0.05 |
| 10 | ReNew Energy Global | 4.99 Bn | 3.86 Bn | - | 0.25 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.46 |
| Mar 31, 2026 | 0.46 |
| Dec 31, 2025 | 0.45 |
| Sep 30, 2025 | 0.42 |
| Jun 30, 2025 | 0.44 |
| Mar 31, 2025 | 0.43 |
| Dec 31, 2024 | 0.43 |
| Sep 30, 2024 | 0.39 |
| Jun 30, 2024 | 0.41 |
| Mar 31, 2024 | 0.40 |
| Dec 31, 2023 | 0.44 |
| Sep 30, 2023 | 0.43 |
| Jun 30, 2023 | 0.39 |
| Mar 31, 2023 | 0.38 |
| Dec 31, 2022 | 0.38 |
| Sep 30, 2022 | 0.34 |
| Jun 30, 2022 | 0.35 |
| Mar 31, 2022 | 0.32 |
| Dec 31, 2021 | 0.36 |
| Sep 30, 2021 | 0.36 |
API Access
Vistra Debt Ratio 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=debt-ratio&ticker=VST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=VST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();