Vistra (VST) FCF Margin (2016 - 2026)
Vistra's (VST) quarterly FCF Margin came in at 5.6% in Q1 2026, up 990.0% year-on-year from 0.51% in Q1 2025, and down 56.91% quarter-over-quarter from 13.0% in Q4 2025.
Vistra (VST) FCF Margin (2016 - 2026) Analysis & Trends
Vistra's FCF Margin history runs 11 years deep, the most recent figure standing at 5.6% for Q1 2026.
- On a quarterly basis, FCF Margin rose 990.0% year-over-year to 5.6% in Q1 2026; TTM through Mar 2026 was 9.27%, a 437.0% decrease from a year earlier, with the FY2025 full-year figure at 7.43%, down 700.0% from the prior year.
- FCF Margin fell to 5.6% in Q1 2026 per VST's latest filing, from 13.0% in the prior quarter.
- Across five years, FCF Margin topped out at 35.59% in Q2 2023 and bottomed at 97.86% in Q2 2022.
- The 5-year median for FCF Margin is 13.0% (2025), against an average of 6.2%.
- Across the five-year window, FCF Margin tumbled 10729 bps in 2022 and surged 13345 bps in 2023, its largest moves.
- Year by year, FCF Margin stood at 0.03% in 2022, then soared by 58601 bps to 15.17% in 2023, then soared by 51 bps to 22.86% in 2024, then tumbled by 43 bps to 13.0% in 2025, then sank by 57 bps to 5.6% in 2026.
- Per Business Quant, the three latest VST FCF Margin figures stand at 5.6% (Q1 2026), 13.0% (Q4 2025), and 20.3% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vistra | 52.84 Bn | 51.14 Bn | 4.94 Bn | 5.60% |
| 2 | Nrg Energy | 28.17 Bn | 28.12 Bn | 1.40 Bn | -4.74% |
| 3 | Talen Energy | 15.71 Bn | 15.67 Bn | - | 37.11% |
| 4 | Oklo | 7.13 Bn | 7.13 Bn | - | - |
| 5 | Transalta | 3.99 Bn | 3.46 Bn | 263.24 Mn | 26.55% |
| 6 | Kenon Holdings | 3.66 Bn | 1.86 Bn | 48.00 Mn | 35.02% |
| 7 | Digi Power X | 264.61 Mn | 206.80 Mn | -801,636.00 | -317.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 9.43% |