Vistra (VST) Shares Outstanding (Diluted) (2016 - 2026)
Vistra's Shares Outstanding (Diluted) came in at 339.23 million for Q2 2026, down 1.8% from 345.51 million a year earlier and down 0.8% from the prior quarter.
Vistra (VST) Shares Outstanding (Diluted) (2016 - 2026) Analysis & Trends
For FY2025, Vistra's Shares Outstanding (Diluted) was 345.66 million, down 2.0% from FY2024.
- Shares Outstanding (Diluted) has declined in each of the last seven years, with a five-year compound annual growth rate of -6.8% (FY2020 to FY2025).
- Going back by year, Shares Outstanding (Diluted) was 352.57 million in FY2024 (-6.0%), 375.19 million in FY2023 (-11.2%), 422.45 million in FY2022 (-12.4%) and 482.21 million in FY2021 (-1.8%).
- The Q2 2026 figure represents the lowest quarterly Shares Outstanding (Diluted) in data going back to Q4 2016.
- Year-over-year, Shares Outstanding (Diluted) increased in 1 of the last eight quarters, with an average decline of 2.7%.
- The fastest year-over-year change in Shares Outstanding (Diluted) over five years came in Q1 2026 (growth of 0.6%), and the weakest in Q1 2023 (a decline of 14.2%).
- Business Quant data shows VST's Shares Outstanding (Diluted) at 341.86 million (Q1 2026), 345.66 million (Q4 2025) and 345.04 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Vistra | 46.48 Bn | 39.68 Bn | - | 339.23 Mn |
| 2 | AXIA Energia | 30.09 Bn | 17.03 Bn | 2.59 Bn | 2.86 Bn |
| 3 | Nrg Energy | 20.12 Bn | 14.34 Bn | 2.01 Bn | 212.00 Mn |
| 4 | Talen Energy | 14.98 Bn | 12.56 Bn | - | 45.90 Mn |
| 5 | Enlight Renewable Energy | 9.17 Bn | 6.10 Bn | 117.49 Mn | 132.62 Mn |
| 6 | Brookfield Renewable Partners | 7.57 Bn | 28.94 Bn | 927.00 Mn | - |
| 7 | Oklo | 6.85 Bn | 6.85 Bn | - | 176.22 Mn |
| 8 | Clearway Energy | 6.33 Bn | 8.89 Bn | - | 121.00 Mn |
| 9 | Ormat Technologies | 5.63 Bn | 4.37 Bn | 68.70 Mn | 62.53 Mn |
| 10 | ReNew Energy Global | 4.99 Bn | 3.86 Bn | - | 10.81 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 339.23 Mn |
| Mar 31, 2026 | 341.86 Mn |
| Dec 31, 2025 | 345.66 Mn |
| Sep 30, 2025 | 345.04 Mn |
| Jun 30, 2025 | 345.51 Mn |
| Mar 31, 2025 | 339.80 Mn |
| Dec 31, 2024 | 352.57 Mn |
| Sep 30, 2024 | 350.20 Mn |
| Jun 30, 2024 | 354.33 Mn |
| Mar 31, 2024 | 348.97 Mn |
| Dec 31, 2023 | 375.19 Mn |
| Sep 30, 2023 | 372.15 Mn |
| Jun 30, 2023 | 376.79 Mn |
| Mar 31, 2023 | 387.55 Mn |
| Dec 31, 2022 | 422.45 Mn |
| Sep 30, 2022 | 417.48 Mn |
| Jun 30, 2022 | 429.19 Mn |
| Mar 31, 2022 | 451.60 Mn |
| Dec 31, 2021 | 482.21 Mn |
| Sep 30, 2021 | 484.49 Mn |
Vistra Shares Outstanding (Diluted) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=VST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "VST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=VST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();