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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Vistra (VST) Gross Margin (2016 - 2025)

Vistra has reported Gross Margin over the past 10 years, most recently at 84.25% for Q4 2025.

  • Quarterly results put Gross Margin at 84.25% for Q4 2025, up 90.0% from a year ago — trailing twelve months through Dec 2025 was 84.2% (down 179.0% YoY), and the annual figure for FY2025 was 84.2%, down 179.0%.
  • Gross Margin for Q4 2025 was 84.25% at Vistra, down from 86.82% in the prior quarter.
  • Over the last five years, Gross Margin for VST hit a ceiling of 92.23% in Q3 2022 and a floor of 72.61% in Q2 2022.
  • Median Gross Margin over the past 5 years was 86.44% (2022), compared with a mean of 85.94%.
  • Biggest five-year swings in Gross Margin: plummeted -1067bps in 2022 and later soared 1344bps in 2023.
  • Vistra's Gross Margin stood at 88.35% in 2021, then grew by 2bps to 89.79% in 2022, then decreased by -4bps to 86.19% in 2023, then dropped by -3bps to 83.35% in 2024, then increased by 1bps to 84.25% in 2025.
  • The last three reported values for Gross Margin were 84.25% (Q4 2025), 86.82% (Q3 2025), and 82.75% (Q2 2025) per Business Quant data.