Vistra (VST) Debt to Equity (2016 - 2026)

Vistra (VST) recorded quarterly Debt to Equity of $3.42 in Q1 2026, down 0.83% quarter-over-quarter from $3.45 in Q4 2025, and up 6.46% on a YoY basis from $3.22 in Q1 2025.

Vistra (VST) Debt to Equity (2016 - 2026) Analysis & Trends

Vistra's Debt to Equity history runs 11 years deep, the most recent figure standing at $3.42 for Q1 2026.

  • In Q1 2026, Debt to Equity rose 6.46% year-over-year to $3.42; the TTM figure through Mar 2026 stood at $3.42 (up 6.46% YoY), while the FY2025 annual figure was $3.45, up 23.88% from the prior year.
  • Debt to Equity was $3.42 for Q1 2026 at Vistra, down from $3.45 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $3.45 in Q4 2025 to a low of $1.45 in Q1 2022.
  • Historically, Debt to Equity has averaged $2.55 across 5 years, with a median of $2.43 in 2022.
  • The sharpest annual moves came in 2022 and 2024: Debt to Equity soared 92.65% in 2022, then decreased 12.12% in 2024.
  • A 5-year view of Debt to Equity shows it stood at $2.43 in 2022, then grew by 11.17% to $2.71 in 2023, then advanced by 2.99% to $2.79 in 2024, then rose by 23.88% to $3.45 in 2025, then declined by 0.83% to $3.42 in 2026.
  • The last three Debt to Equity figures came in at $3.42 (Q1 2026), $3.45 (Q4 2025), and $3.06 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Transalta 29,347,846.33 Bn 29,347,846.17 Bn 263.24 Mn -
2 Kenon Holdings 3,754,999.92 Bn 3,755,000.22 Bn 48.00 Mn 0.79
3 Vistra 50.25 Bn 48.56 Bn 4.94 Bn 3.42
4 Nrg Energy 26.74 Bn 23.49 Bn 1.40 Bn 4.72
5 Talen Energy 16.64 Bn 16.60 Bn - 6.34
6 Oklo 9.89 Bn 9.89 Bn - -
7 Digi Power X 420.60 Mn 363.72 Mn -801,636.00 -
8 Transalta - - 263.24 Mn -
9 Transalta - - 263.24 Mn -
10 Transalta - - 263.24 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 3.42
Dec 31, 2025 3.45
Sep 30, 2025 3.06
Jun 30, 2025 3.24
Mar 31, 2025 3.22
Dec 31, 2024 2.79
Sep 30, 2024 2.58
Jun 30, 2024 1.92
Mar 31, 2024 2.03
Dec 31, 2023 2.71
Sep 30, 2023 2.15
Jun 30, 2023 2.17
Mar 31, 2023 2.31
Dec 31, 2022 2.43
Sep 30, 2022 2.15
Jun 30, 2022 2.23
Mar 31, 2022 1.45
Dec 31, 2021 1.26
Sep 30, 2021 1.76
Jun 30, 2021 1.74