Vistra (VST) FCF Margin (2016 - 2026)
Vistra's FCF Margin was 8.31% in Q2 2026, up 11.09 percentage points from -2.78% a year earlier and up 2.71 percentage points from the prior quarter.
Vistra (VST) FCF Margin (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Vistra's FCF Margin was 11.74% through Jun 30, 2026, up 2.81 percentage points year-over-year; for FY2025, it came in at 7.43%, down 7.00 percentage points from FY2024.
- FCF Margin shows a five-year change of -10.73 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 14.43% in FY2024 (-11.13 pp), 25.56% in FY2023 (+31.50 pp), -5.94% in FY2022 (+4.32 pp) and -10.26% in FY2021 (-28.42 pp).
- Quarterly FCF Margin has moved between -97.86% (Q2 2022) and 35.59% (Q2 2023) over five years.
- Compared with a year earlier, FCF Margin was higher in five of the last eight quarters, with an average year-over-year change of -1.38 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q2 2023 (a gain of 133.45 percentage points); the worst was Q2 2022 (a drop of 107.29 percentage points).
- Per Business Quant data, VST's FCF Margin in the three quarters before Q2 2026 was 5.60% (Q1 2026), 13.00% (Q4 2025) and 20.30% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vistra | 46.38 Bn | 39.58 Bn | - | 8.31% |
| 2 | AXIA Energia | 29.36 Bn | 16.29 Bn | 2.59 Bn | 38.85% |
| 3 | Nrg Energy | 20.40 Bn | 14.62 Bn | 2.01 Bn | 10.41% |
| 4 | Talen Energy | 14.54 Bn | 12.12 Bn | - | -76.71% |
| 5 | Enlight Renewable Energy | 9.08 Bn | 6.01 Bn | 117.49 Mn | 486.73% |
| 6 | Brookfield Renewable Partners | 7.61 Bn | 28.99 Bn | 927.00 Mn | -46.78% |
| 7 | Oklo | 6.87 Bn | 6.87 Bn | - | -11,709.34% |
| 8 | Clearway Energy | 6.32 Bn | 8.88 Bn | - | 27.03% |
| 9 | Ormat Technologies | 5.56 Bn | 4.30 Bn | 68.70 Mn | -33.78% |
| 10 | ReNew Energy Global | 4.99 Bn | 3.86 Bn | - | 48.37% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.31% |
| Mar 31, 2026 | 5.60% |
| Dec 31, 2025 | 13.00% |
| Sep 30, 2025 | 20.30% |
| Jun 30, 2025 | -2.78% |
| Mar 31, 2025 | -4.30% |
| Dec 31, 2024 | 22.86% |
| Sep 30, 2024 | 16.17% |
| Jun 30, 2024 | 18.15% |
| Mar 31, 2024 | -5.01% |
| Dec 31, 2023 | 15.17% |
| Sep 30, 2023 | 29.96% |
| Jun 30, 2023 | 35.59% |
| Mar 31, 2023 | 21.49% |
| Dec 31, 2022 | 0.03% |
| Sep 30, 2022 | 10.09% |
| Jun 30, 2022 | -97.86% |
| Mar 31, 2022 | 6.98% |
| Dec 31, 2021 | 1.33% |
| Sep 30, 2021 | 10.70% |
Vistra FCF Margin 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=fcf-margin&ticker=VST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=VST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();