Vistra (VST) Net Margin (2016 - 2026)
Vistra (VST) posted Net Margin of 6.42% for Q2 2026, down 63.04% on a QoQ basis from 17.38% in Q1 2026, and down 17.0% year-over-year from 7.74% in Q2 2025.
Analysis
Vistra (VST) Net Margin (2016 - 2026) Analysis & Trends
Vistra has reported Net Margin for 11 years, with the latest figure at 6.42% in Q2 2026.
- On a quarterly basis, Net Margin fell 17.0% year-over-year to 6.42% in Q2 2026; TTM through Jun 2026 was 10.55%, a 131.0% decrease from a year earlier, with the FY2025 full-year figure at 4.24%, down 1008.0% from the prior year.
- Net Margin was 6.42% for Q2 2026 at Vistra, down from 17.38% in the prior quarter.
- The five-year high for Net Margin was 29.26% in Q3 2024, with the low at 88.29% in Q2 2022.
- Average Net Margin over 5 years is 1.23%, with a median of 7.43% recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Net Margin plunged 8969 bps in 2022, then surged 10205 bps in 2023.
- Over 5 years, Net Margin stood at 7.34% in 2022, then increased by 2 bps to 7.21% in 2023, then soared by 235 bps to 9.73% in 2024, then sank by 59 bps to 4.04% in 2025, then jumped by 59 bps to 6.42% in 2026.
- The last three Net Margin figures came in at 6.42% (Q2 2026), 17.38% (Q1 2026), and 4.04% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vistra | 50.05 Bn | 48.18 Bn | 3.16 Bn | 6.42% |
| 2 | Nrg Energy | 23.70 Bn | 23.53 Bn | 2.01 Bn | 6.54% |
| 3 | Talen Energy | 14.36 Bn | 14.00 Bn | - | -12.32% |
| 4 | Transalta | 5.57 Bn | 5.28 Bn | 313.03 Mn | 10.06% |
| 5 | Kenon Holdings | 3.44 Bn | 1.69 Bn | 84.00 Mn | 3.96% |
| 6 | Central Puerto | 2.17 Bn | -335.69 Bn | - | - |
| 7 | Hallador Energy | 759.31 Mn | 730.33 Mn | 62.37 Mn | -15.01% |
| 8 | Net Power | 76.44 Mn | 305.71 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.42% |
| 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% |