Vistra (VST) Intangibles (2016 - 2026)
Vistra's Intangibles came in at $2.29 billion for Q2 2026, up 1.5% from $2.25 billion a year earlier but down 3.3% from the prior quarter.
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Analysis
Vistra (VST) Intangibles (2016 - 2026) Analysis & Trends
At the end of FY2025, Vistra's Intangibles was $2.44 billion, up 10.0% from FY2024.
- Intangibles carries a five-year compound annual growth rate of -0.1% (FY2020 to FY2025).
- Going back by year, Intangibles was $2.21 billion in FY2024 (+18.7%), $1.86 billion in FY2023 (-4.8%), $1.96 billion in FY2022 (-8.8%) and $2.15 billion in FY2021 (-12.3%).
- The five-year range for quarterly Intangibles is $1.86 billion (Q4 2023) to $2.44 billion (Q4 2025).
- Year-over-year, Intangibles has increased for three consecutive quarters, with growth averaging 5.7% over the last eight quarters.
- The fastest year-over-year change in Intangibles over five years came in Q4 2024 (growth of 18.7%), and the weakest in Q4 2021 (a decline of 12.3%).
- Business Quant data shows VST's Intangibles at $2.36 billion (Q1 2026), $2.44 billion (Q4 2025) and $2.1 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 106.51 Bn | 97.41 Bn | - | - |
| 2 | Vistra | 54.68 Bn | 47.87 Bn | - | 2.29 Bn |
| 3 | AXIA Energia | 33.19 Bn | 20.17 Bn | 2.59 Bn | 14.64 Bn |
| 4 | Nrg Energy | 22.64 Bn | 16.86 Bn | 2.01 Bn | 2.14 Bn |
| 5 | Talen Energy | 17.58 Bn | 15.14 Bn | - | - |
| 6 | Enlight Renewable Energy | 8.71 Bn | 5.26 Bn | 117.49 Mn | 318.29 Mn |
| 7 | Brookfield Renewable Partners | 8.01 Bn | -17.15 Bn | 927.00 Mn | - |
| 8 | Oklo | 5.62 Bn | -1.21 Bn | - | 44.20 Mn |
| 9 | Ormat Technologies | 5.60 Bn | 4.20 Bn | 68.70 Mn | 260.04 Mn |
| 10 | Transalta | 3.93 Bn | 2.83 Bn | 313.03 Mn | 161.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.29 Bn |
| Mar 31, 2026 | 2.36 Bn |
| Dec 31, 2025 | 2.44 Bn |
| Sep 30, 2025 | 2.10 Bn |
| Jun 30, 2025 | 2.25 Bn |
| Mar 31, 2025 | 2.32 Bn |
| Dec 31, 2024 | 2.21 Bn |
| Sep 30, 2024 | 2.16 Bn |
| Jun 30, 2024 | 2.26 Bn |
| Mar 31, 2024 | 2.28 Bn |
| Dec 31, 2023 | 1.86 Bn |
| Sep 30, 2023 | 1.88 Bn |
| Jun 30, 2023 | 1.91 Bn |
| Mar 31, 2023 | 1.94 Bn |
| Dec 31, 2022 | 1.96 Bn |
| Sep 30, 2022 | 2.00 Bn |
| Jun 30, 2022 | 2.04 Bn |
| Mar 31, 2022 | 2.16 Bn |
| Dec 31, 2021 | 2.15 Bn |
| Sep 30, 2021 | 2.23 Bn |
API Access
Vistra Intangibles 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=intangibles&ticker=VST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=VST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();