Vistra Corp. (VST)
NYSE: VST · Real-Time Price · USD
133.45
+2.27 (1.73%)
At close: Nov 11, 2026, 4:00 PM EST
130.80
-2.65 (-1.99%)
After-hours: Nov 11, 2026, 7:59 PM EST
Vistra Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Net Income | 2,707 | 944 | 2,659 | 1,493 | -1,227 | -1,274 |
Depreciation & Amortization | 3,128 | 3,015 | 2,685 | 1,932 | 2,012 | 2,014 |
Other Amortization | 65 | 69 | 60 | 58 | 69 | 74 |
Loss (Gain) on Sale of Assets | - | - | - | -95 | -8 | -9 |
Loss (Gain) on Sale of Investments | -48 | 67 | -53 | 36 | -250 | -134 |
Asset Writedown | 424 | 228 | - | 49 | 74 | 71 |
Stock-Based Compensation | 127 | 113 | 100 | 77 | 63 | 47 |
Change in Accounts Receivable | -528 | -528 | -242 | 214 | -852 | -228 |
Change in Inventory | -3 | -3 | -31 | -174 | 36 | -100 |
Change in Accounts Payable | 16 | 16 | 19 | -350 | 94 | 402 |
Change in Income Taxes | 27 | 27 | -1 | 5 | -8 | -20 |
Change in Other Net Operating Assets | -507 | -696 | -249 | 1,813 | -1,935 | -1,445 |
Other Operating Activities | 141 | 617 | -567 | 231 | 2,238 | 286 |
Operating Cash Flow | 5,762 | 4,070 | 4,563 | 5,453 | 485 | -206 |
Operating Cash Flow Growth | 44.38% | -10.80% | -16.32% | 1024.33% | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Capital Expenditures | -3,155 | -2,752 | -2,078 | -1,676 | -1,301 | -1,033 |
Sale of Property, Plant & Equipment | 153 | 119 | 196 | 115 | 78 | 30 |
Cash Acquisitions | -1,140 | -1,140 | -3,065 | - | - | - |
Sale (Purchase) of Intangibles | -558 | -914 | -453 | -571 | -28 | -213 |
Contributions to Nuclear Demissioning Trust | -5,410 | -5,177 | -2,239 | -624 | -693 | -505 |
Other Investing Activities | 5,853 | 5,468 | 2,363 | 611 | 705 | 568 |
Investing Cash Flow | -4,257 | -4,396 | -5,276 | -2,145 | -1,239 | -1,153 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Short-Term Debt Issued | - | 475 | 750 | - | 425 | 1,250 |
Long-Term Debt Issued | - | 5,543 | 5,669 | 2,598 | 6,398 | 3,200 |
Total Debt Issued | 12,367 | 6,018 | 6,419 | 2,598 | 6,823 | 4,450 |
Short-Term Debt Repaid | - | - | - | -425 | - | -1,550 |
Long-Term Debt Repaid | - | -3,821 | -4,139 | -783 | -4,501 | -1,831 |
Total Debt Repaid | -9,207 | -3,821 | -4,139 | -1,208 | -4,501 | -3,381 |
Net Debt Issued (Repaid) | 3,160 | 2,197 | 2,280 | 1,390 | 2,322 | 1,069 |
Repurchase of Common Stock | -1,191 | -1,028 | -1,388 | -1,245 | -1,949 | -471 |
Common Dividends Paid | -308 | -306 | -305 | -313 | -302 | -290 |
Preferred Dividends Paid | -192 | -192 | -173 | -150 | -151 | - |
Dividends Paid | -500 | -498 | -478 | -463 | -453 | -290 |
Other Financing Activities | -836 | -745 | -2,018 | 24 | - | -34 |
Financing Cash Flow | 633 | -74 | -1,604 | -294 | -80 | 2,274 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Net Cash Flow | 2,138 | -400 | -2,317 | 3,014 | -834 | 915 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | 2,607 | 1,318 | 2,485 | 3,777 | -816 | -1,239 |
Free Cash Flow Growth | 58.48% | -46.96% | -34.21% | - | - | - |
Free Cash Flow Margin | 12.66% | 7.43% | 14.43% | 25.56% | -5.94% | -10.26% |
Free Cash Flow Per Share | 7.65 | 3.81 | 7.05 | 10.07 | -1.93 | -2.57 |
Levered Free Cash Flow | 904.13 | -388.25 | 2,129 | 1,921 | -466.88 | -810.25 |
Unlevered Free Cash Flow | 1,505 | 296.13 | 2,654 | 2,346 | -254.38 | -591.5 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Cash Interest Paid | 959 | 1,040 | 910 | 599 | 552 | 456 |
Change in Working Capital | -995 | -1,184 | -504 | 1,508 | -2,665 | -1,391 |