Vistra Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	17,738	17,224	14,779	13,728	12,077
Revenue Growth (YoY)	2.98%	16.54%	7.66%	13.67%	5.54%
Fuel and Purchased Power Expense	9,101	7,285	7,557	10,401	9,169
Operations and Maintenance Expenses	4,517	4,015	3,010	2,834	2,599
Gross Profit	4,120	5,924	4,212	493	309
Depreciation & Amortization Expenses	1,986	1,843	1,502	1,596	1,753
Other Operating Expenses	228	-	49	74	71
Operating Income	1,906	4,081	2,661	-1,177	-1,515
Interest Expense	-1,179	-900	-740	-368	-384
Other Non-Operating Income (Expense)	396	286	79	-15	177
Total Non-Operating Income (Expense)	-783	-614	-661	-383	-207
Pretax Income	1,123	3,467	2,000	-1,560	-1,722
Provision for Income Taxes	179	655	508	-350	-458
Net Income	752	2,467	1,343	-1,377	-1,295
Minority Interest in Earnings	-	153	-1	17	10
Net Income Attributable to Preferred Dividends	192	192	150	150	21
Net Income to Common	752	2,467	1,343	-1,377	-1,295
Net Income Growth	-69.52%	83.69%	-	-	-
Shares Outstanding (Basic)	339	345	370	422	482
Shares Outstanding (Diluted)	346	353	375	422	482
Shares Change (YoY)	-1.96%	-6.03%	-11.19%	-12.39%	-1.81%
EPS (Basic)	2.22	7.16	3.63	-3.26	-2.69
EPS (Diluted)	2.18	7.00	3.58	-3.26	-2.69
EPS Growth	-68.86%	95.53%	-	-	-
Free Cash Flow	1,318	2,485	3,777	-816	-1,239
Free Cash Flow Growth	-46.96%	-34.21%	-	-	-
Free Cash Flow Per Share	3.81	7.05	10.07	-1.93	-2.57
Dividends Per Share	0.901	0.874	0.821	0.724	0.600
Dividend Growth	3.21%	6.46%	13.33%	20.67%	11.11%
Gross Margin	23.23%	34.39%	28.50%	3.59%	2.56%
Operating Margin	10.75%	23.69%	18.01%	-8.57%	-12.54%
Profit Margin	5.32%	16.33%	10.10%	-8.81%	-10.47%
FCF Margin	7.43%	14.43%	25.56%	-5.94%	-10.26%
EBITDA	4,990	6,826	4,651	904	573
EBITDA Margin	28.13%	39.63%	31.47%	6.59%	4.74%
EBIT	1,906	4,081	2,661	-1,177	-1,515
EBIT Margin	10.75%	23.69%	18.01%	-8.57%	-12.54%
Effective Tax Rate	15.94%	18.89%	25.40%	22.44%	26.60%

Updated Feb 26, 2026. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q