KPIs & Operating Metrics(New)
Growth Metrics

Vistra (VST) Net Margin (2016 - 2025)

Vistra has reported Net Margin over the past 10 years, most recently at 4.04% for Q4 2025.

  • Quarterly results put Net Margin at 4.04% for Q4 2025, down 570.0% from a year ago — trailing twelve months through Dec 2025 was 4.24% (down 1008.0% YoY), and the annual figure for FY2025 was 4.24%, down 1008.0%.
  • Net Margin for Q4 2025 was 4.04% at Vistra, down from 12.15% in the prior quarter.
  • Over the last five years, Net Margin for VST hit a ceiling of 29.26% in Q3 2024 and a floor of 88.29% in Q2 2022.
  • Median Net Margin over the past 5 years was 5.31% (2025), compared with a mean of 2.12%.
  • Biggest five-year swings in Net Margin: plummeted -8969bps in 2022 and later soared 10205bps in 2023.
  • Vistra's Net Margin stood at 21.27% in 2021, then tumbled by -135bps to 7.34% in 2022, then increased by 2bps to 7.21% in 2023, then soared by 235bps to 9.73% in 2024, then plummeted by -59bps to 4.04% in 2025.
  • The last three reported values for Net Margin were 4.04% (Q4 2025), 12.15% (Q3 2025), and 6.59% (Q2 2025) per Business Quant data.