Vistra (VST) Operating Margin (2016 - 2026)
Vistra (VST) posted quarterly Operating Margin of 26.58% for Q1 2026, up 2963.0% year-over-year from 0.87% in Q1 2025, and up 157.03% quarter-over-quarter from 10.34% in Q4 2025.
Vistra (VST) Operating Margin (2016 - 2026) Analysis & Trends
Vistra's Operating Margin history runs 11 years deep, the most recent figure standing at 26.58% for Q1 2026.
- In Q1 2026, Operating Margin rose 2963.0% year-over-year to 26.58%; the TTM figure through Mar 2026 stood at 18.13% (down 328.0% YoY), while the FY2025 annual figure was 10.75%, down 1295.0% from the prior year.
- Operating Margin for Q1 2026 stood at 26.58%, up from 10.34% in the prior quarter.
- The five-year high for Operating Margin was 41.16% in Q3 2024, with the low at 105.98% in Q2 2022.
- The 5-year median for Operating Margin is 14.84% (2024), against an average of 6.71%.
- The sharpest annual moves came in 2022 and 2023: Operating Margin sank 10840 bps in 2022, then surged 12451 bps in 2023.
- Vistra's Operating Margin stood at 2.53% in 2022, then jumped by 231 bps to 3.31% in 2023, then surged by 348 bps to 14.84% in 2024, then plunged by 30 bps to 10.34% in 2025, then soared by 157 bps to 26.58% in 2026.
- Business Quant data shows VST's Operating Margin at 26.58% in Q1 2026, 10.34% in Q4 2025, and 20.86% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vistra | 46.81 Bn | 44.94 Bn | 3.16 Bn | 13.77% |
| 2 | Nrg Energy | 24.30 Bn | 24.14 Bn | 2.01 Bn | 13.05% |
| 3 | Talen Energy | 14.61 Bn | 14.25 Bn | - | -9.64% |
| 4 | Oklo | 7.31 Bn | 7.31 Bn | - | -6,048.76% |
| 5 | Transalta | 3.81 Bn | 3.54 Bn | 313.03 Mn | 29.57% |
| 6 | Kenon Holdings | 3.41 Bn | 2.08 Bn | 84.00 Mn | - |
| 7 | Digi Power X | 334.66 Mn | 206.54 Mn | -5.52 Mn | -153.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.77% |
| Mar 31, 2026 | 26.58% |
| Dec 31, 2025 | 10.34% |
| Sep 30, 2025 | 20.86% |
| Jun 30, 2025 | 12.12% |
| Mar 31, 2025 | -3.05% |
| Dec 31, 2024 | 14.84% |
| Sep 30, 2024 | 41.16% |
| Jun 30, 2024 | 21.01% |
| Mar 31, 2024 | 2.82% |
| Dec 31, 2023 | 3.31% |
| Sep 30, 2023 | 20.41% |
| Jun 30, 2023 | 18.53% |
| Mar 31, 2023 | 25.56% |
| Dec 31, 2022 | -2.53% |
| Sep 30, 2022 | 17.37% |
| Jun 30, 2022 | -105.98% |
| Mar 31, 2022 | -9.22% |
| Dec 31, 2021 | 26.74% |
| Sep 30, 2021 | 3.98% |