Vistra (VST) EBITDA Margin (2016 - 2026)
Vistra's (VST) quarterly EBITDA Margin came in at 26.58% in Q1 2026, up 2963.0% year-on-year from 0.87% in Q1 2025, and up 157.03% quarter-over-quarter from 10.34% in Q4 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.
- On a quarterly basis, EBITDA Margin rose 2963.0% year-over-year to 26.58% in Q1 2026; TTM through Mar 2026 was 18.13%, a 328.0% decrease from a year earlier, with the FY2025 full-year figure at 10.75%, down 1295.0% from the prior year.
- EBITDA Margin climbed to 26.58% in Q1 2026 per VST's latest filing, from 10.34% in the prior quarter.
- Across five years, EBITDA Margin topped out at 41.16% in Q3 2024 and bottomed at 105.98% in Q2 2022.
- The 5-year median for EBITDA Margin is 14.84% (2024), against an average of 6.71%.
- Across the five-year window, EBITDA Margin slumped 10840 bps in 2022 and surged 12451 bps in 2023, its largest moves.
- Year by year, EBITDA Margin stood at 2.53% in 2022, then surged by 231 bps to 3.31% in 2023, then soared by 348 bps to 14.84% in 2024, then tumbled by 30 bps to 10.34% in 2025, then jumped by 157 bps to 26.58% in 2026.
- Per Business Quant, the three latest VST EBITDA Margin figures stand at 26.58% (Q1 2026), 10.34% (Q4 2025), and 20.86% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vistra | 52.84 Bn | 51.14 Bn | 4.94 Bn | 26.58% |
| 2 | Nrg Energy | 28.17 Bn | 28.12 Bn | 1.40 Bn | 3.20% |
| 3 | Talen Energy | 15.71 Bn | 15.67 Bn | - | 18.60% |
| 4 | Oklo | 7.13 Bn | 7.13 Bn | - | - |
| 5 | Transalta | 3.99 Bn | 3.46 Bn | 263.24 Mn | 32.92% |
| 6 | Kenon Holdings | 3.66 Bn | 1.86 Bn | 48.00 Mn | 1.89% |
| 7 | Digi Power X | 264.61 Mn | 206.80 Mn | -801,636.00 | -87.43% |
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 | -3.05% |
| Dec 31, 2024 | 14.84% |
| Sep 30, 2024 | 41.16% |
| Jun 30, 2024 | 21.01% |
| Mar 31, 2024 | 2.82% |
| Dec 31, 2023 | 3.31% |
| Sep 30, 2023 | 20.41% |
| Jun 30, 2023 | 18.53% |
| Mar 31, 2023 | 25.56% |
| Dec 31, 2022 | -2.53% |
| Sep 30, 2022 | 17.37% |
| Jun 30, 2022 | -105.98% |
| Mar 31, 2022 | -9.22% |
| Dec 31, 2021 | 26.74% |
| Sep 30, 2021 | 3.98% |
| Jun 30, 2021 | 2.42% |