Vistra (VST) EBITDA Margin (2016 - 2026)
Vistra (VST) recorded quarterly EBITDA Margin of 26.58% in Q1 2026, up 157.03% quarter-over-quarter from 10.34% in Q4 2025, and up 1946.0% on a YoY basis from 1.3% in Q1 2025.
Vistra (VST) EBITDA Margin (2016 - 2026) Analysis & Trends
Vistra's EBITDA Margin history runs 11 years deep, the most recent figure standing at 26.58% for Q1 2026.
- In Q1 2026, EBITDA Margin rose 1946.0% year-over-year to 26.58%; the TTM figure through Mar 2026 stood at 18.13% (down 998.0% YoY), while the FY2025 annual figure was 10.75%, down 1295.0% from the prior year.
- EBITDA Margin was 26.58% for Q1 2026 at Vistra, up from 10.34% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 47.85% in Q3 2024 to a low of 84.51% in Q2 2022.
- Historically, EBITDA Margin has averaged 14.08% across 5 years, with a median of 14.86% in 2024.
- The sharpest annual moves came in 2022 and 2023: EBITDA Margin plunged 10229 bps in 2022, then jumped 11345 bps in 2023.
- A 5-year view of EBITDA Margin shows it stood at 6.02% in 2022, then jumped by 147 bps to 14.85% in 2023, then gained by 0 bps to 14.86% in 2024, then tumbled by 30 bps to 10.34% in 2025, then jumped by 157 bps to 26.58% in 2026.
- The last three EBITDA Margin figures came in at 26.58% (Q1 2026), 10.34% (Q4 2025), and 20.86% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Transalta | 29,347,846.33 Bn | 29,347,846.17 Bn | 263.24 Mn | 16.28% |
| 2 | Kenon Holdings | 3,754,999.92 Bn | 3,755,000.22 Bn | 48.00 Mn | 1.89% |
| 3 | Vistra | 50.25 Bn | 48.56 Bn | 4.94 Bn | 26.58% |
| 4 | Nrg Energy | 26.74 Bn | 23.49 Bn | 1.40 Bn | 4.63% |
| 5 | Talen Energy | 16.64 Bn | 16.60 Bn | - | 25.42% |
| 6 | Oklo | 9.89 Bn | 9.89 Bn | - | - |
| 7 | Digi Power X | 420.60 Mn | 363.72 Mn | -801,636.00 | -111.63% |
| 8 | Transalta | - | - | 263.24 Mn | 16.28% |
| 9 | Transalta | - | - | 263.24 Mn | 16.28% |
| 10 | Transalta | - | - | 263.24 Mn | 16.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.58% |
| Dec 31, 2025 | 10.34% |
| Sep 30, 2025 | 20.86% |
| Jun 30, 2025 | 12.12% |
| Mar 31, 2025 | 7.12% |
| Dec 31, 2024 | 14.86% |
| Sep 30, 2024 | 47.85% |
| Jun 30, 2024 | 31.18% |
| Mar 31, 2024 | 14.83% |
| Dec 31, 2023 | 14.85% |
| Sep 30, 2023 | 28.61% |
| Jun 30, 2023 | 28.94% |
| Mar 31, 2023 | 32.86% |
| Dec 31, 2022 | 6.02% |
| Sep 30, 2022 | 23.94% |
| Jun 30, 2022 | -84.51% |
| Mar 31, 2022 | 2.88% |
| Dec 31, 2021 | 36.72% |
| Sep 30, 2021 | 17.29% |
| Jun 30, 2021 | 17.78% |