Vistra (VST) EV to EBITDA (2016 - 2026)
Vistra's (VST) EV to EBITDA was 8.11 for Q2 2026, down 17.5% from 9.83 a year earlier but up 6.0% from the prior quarter.
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Analysis
Vistra (VST) EV to EBITDA (2016 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Vistra's EV to EBITDA came in at 7.33, down 20.3% year-over-year; for FY2025, it came in at 10.84, up 60.7% from FY2024.
- By year, EV to EBITDA came in at 6.74 in FY2024 (+252.8%), 1.91 in FY2023 (-69.6%), 6.28 in FY2022 (-58.5%) and 15.13 in FY2021 (+503.2%).
- Five-year quarterly EV to EBITDA spans a low of 1.78 in Q2 2023 and a high of 15.16 in Q4 2021.
- Year over year, EV to EBITDA gained in six of the last eight quarters, with growth averaging 90.6%.
- The high point for year-over-year EV to EBITDA in five years was Q4 2021 (growth of 504.5%); the low point was Q2 2022 (a decline of 88.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 7.65 (Q1 2026), 10.84 (Q4 2025) and 13.02 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vistra | 46.38 Bn | 39.58 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 |
| 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 |
| 10 | ReNew Energy Global | 4.99 Bn | 3.86 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.11 |
| Mar 31, 2026 | 7.65 |
| Dec 31, 2025 | 10.84 |
| Sep 30, 2025 | 13.02 |
| Jun 30, 2025 | 9.83 |
| Mar 31, 2025 | 5.77 |
| Dec 31, 2024 | 6.74 |
| Sep 30, 2024 | 7.04 |
| Jun 30, 2024 | 7.17 |
| Mar 31, 2024 | 6.49 |
| Dec 31, 2023 | 1.91 |
| Sep 30, 2023 | 1.83 |
| Jun 30, 2023 | 1.78 |
| Mar 31, 2023 | 2.99 |
| Dec 31, 2022 | 6.27 |
| Sep 30, 2022 | 2.62 |
| Jun 30, 2022 | 3.93 |
| Mar 31, 2022 | 2.78 |
| Dec 31, 2021 | 15.16 |
| Jun 30, 2021 | 35.36 |
API Access
Vistra EV to EBITDA 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=ev-to-ebitda&ticker=VST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=VST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();