Vistra VST
NYSE VST
$151.12 -0.60 (-0.40%)
As of: Sep 9, 2026 · 3:59 PM EDT

Vistra (VST) Operating Margin (2016 - 2026)

Vistra (VST) posted Operating Margin of 13.77% for Q2 2026, down 48.2% on a QoQ basis from 26.58% in Q1 2026, and up 165.0% year-over-year from 5.19% in Q2 2025.

Analysis

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

Vistra has reported Operating Margin for 11 years, with the latest figure at 13.77% in Q2 2026.

  • On a quarterly basis, Operating Margin rose 165.0% year-over-year to 13.77% in Q2 2026; TTM through Jun 2026 was 18.55%, a 81.0% decrease from a year earlier, with the FY2025 full-year figure at 10.75%, down 1295.0% from the prior year.
  • Operating Margin was 13.77% for Q2 2026 at Vistra, down from 26.58% 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.
  • Average Operating Margin over 5 years is 7.11%, with a median of 14.3% recorded in 2024.
  • The sharpest annual moves came in 2022 and 2023: Operating Margin sank 10840 bps in 2022, then jumped 12451 bps in 2023.
  • Over 5 years, Operating Margin stood at 2.53% in 2022, then soared by 231 bps to 3.31% in 2023, then jumped by 348 bps to 14.84% in 2024, then plunged by 30 bps to 10.34% in 2025, then surged by 33 bps to 13.77% in 2026.
  • The last three Operating Margin figures came in at 13.77% (Q2 2026), 26.58% (Q1 2026), and 10.34% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Vistra 50.14 Bn 48.28 Bn 3.16 Bn 13.77%
2 Nrg Energy 25.03 Bn 24.86 Bn 2.01 Bn 13.05%
3 Talen Energy 15.18 Bn 14.85 Bn - -9.64%
4 Transalta 5.57 Bn 5.28 Bn 313.03 Mn 29.57%
5 Kenon Holdings 3.61 Bn 3.70 Bn 84.00 Mn 10.55%
6 Central Puerto 2.13 Bn -270.93 Bn - -
7 Hallador Energy 782.59 Mn 753.61 Mn 62.37 Mn -12.47%
8 Net Power 76.44 Mn 305.71 Mn - -
Historic Data

Historic Data

Download Data
DateValue
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%