Vistra (VST) Net Margin (2016 - 2026)

Vistra (VST) recorded quarterly Net Margin of 17.38% in Q1 2026, up 330.55% quarter-over-quarter from 4.04% in Q4 2025, and up 2544.0% on a YoY basis from 0.66% in Q1 2025.

Vistra (VST) Net Margin (2016 - 2026) Analysis & Trends

Vistra's Net Margin history runs 11 years deep, the most recent figure standing at 17.38% for Q1 2026.

  • In Q1 2026, Net Margin rose 2544.0% year-over-year to 17.38%; the TTM figure through Mar 2026 stood at 10.54% (down 180.0% YoY), while the FY2025 annual figure was 4.24%, down 1008.0% from the prior year.
  • Net Margin was 17.38% for Q1 2026 at Vistra, up from 4.04% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 29.26% in Q3 2024 to a low of 88.29% in Q2 2022.
  • Historically, Net Margin has averaged 0.93% across 5 years, with a median of 8.27% in 2024.
  • The sharpest annual moves came in 2022 and 2023: Net Margin sank 8969 bps in 2022, then jumped 10205 bps in 2023.
  • A 5-year view of Net Margin shows it stood at 7.34% in 2022, then grew by 2 bps to 7.21% in 2023, then surged by 235 bps to 9.73% in 2024, then slumped by 59 bps to 4.04% in 2025, then jumped by 331 bps to 17.38% in 2026.
  • The last three Net Margin figures came in at 17.38% (Q1 2026), 4.04% (Q4 2025), and 12.15% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Transalta 29,347,846.33 Bn 29,347,846.17 Bn 263.24 Mn 2.30%
2 Kenon Holdings 3,754,999.92 Bn 3,755,000.22 Bn 48.00 Mn 3.79%
3 Vistra 50.25 Bn 48.56 Bn 4.94 Bn 17.38%
4 Nrg Energy 26.74 Bn 23.49 Bn 1.40 Bn 1.05%
5 Talen Energy 16.64 Bn 16.60 Bn - 5.58%
6 Oklo 9.89 Bn 9.89 Bn - -
7 Digi Power X 420.60 Mn 363.72 Mn -801,636.00 -68.50%
8 Transalta - - 263.24 Mn 2.30%
9 Transalta - - 263.24 Mn 2.30%
10 Transalta - - 263.24 Mn 2.30%

Historic Data

Download Data
DateValue
Mar 31, 2026 17.38%
Dec 31, 2025 4.04%
Sep 30, 2025 12.15%
Jun 30, 2025 6.59%
Mar 31, 2025 -8.06%
Dec 31, 2024 9.73%
Sep 30, 2024 29.26%
Jun 30, 2024 8.27%
Mar 31, 2024 -2.75%
Dec 31, 2023 -7.21%
Sep 30, 2023 11.38%
Jun 30, 2023 13.77%
Mar 31, 2023 14.94%
Dec 31, 2022 -7.34%
Sep 30, 2022 12.26%
Jun 30, 2022 -88.29%
Mar 31, 2022 -10.34%
Dec 31, 2021 21.27%
Sep 30, 2021 0.23%
Jun 30, 2021 1.40%