# Vistra Corp. (VST) — Stock CV

Vistra Corp. is a $54.1B utility company. Revenue grew 3.8% over the last year, it keeps 12¢ of every dollar of sales as profit, and its net debt equals ~7.5 years of free cash flow. It trades at 24.4× earnings — around the middle of its own history.

> Vistra Corp. is one of the largest power producers and retail energy providers in the US. It owns 44 gigawatts of generation capacity, including natural gas (27 GW), nuclear (6.5 GW), coal (8.7 GW), and solar and battery storage (1.3 GW).

## Identity

- **Ticker**: VST
- **Sector**: Utilities
- **Industry**: Electric Services
- **Headquarters**: IRVING, TX
- **Employees**: 6 390
- **Website**: https://www.vistracorp.com
- **Market cap**: $54.1B
- **Last price**: $161.10
- **Financial profile**: Strained

## Vitals (TTM)

- **Revenue**: $19.2B
- **Net income**: $2.22B
- **Free cash flow**: $2.25B
- **Net debt**: $16.9B
- **P/E**: 24.4
- **Revenue growth (YoY)**: 3.8%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 57 |
| Growth | 65 |
| Profitability | 70 |
| Health | 21 |
| Quality | 66 |
| Moat | 10 |

## Qualifications (beginner checklist) — 9 of 11 passed

- [x] Revenue growing — +3.8% YoY
- [x] Profitable — $2.22B TTM
- [x] Profit growing — +16.1% YoY
- [x] Generates cash — $2.25B TTM
- [ ] Debt under control — ~7.5y of cash flow to repay
- [x] Established company — $54.1B market cap
- [x] Not printing shares — -29.6% shares over ~5y
- [x] Proven track record — 5/9 profitable years
- [ ] Financially stable — health score 16/100
- [x] Pays a dividend — yield 0.92%
- [x] Valuation not extreme — P/E 24.4

## Experience (career milestones)

- **Q3 2026** — 3 open-market insider purchases: ~9K shares bought by insiders
- **FY2024** — Best year on record: $2.66B net income
- **FY2019** — Turned profitable: $928M net income after a loss year
- **FY2019** — Revenue crossed $10B: $11.8B for the year
- **FY2017** — Revenue already above $1B: $5.43B in first reported year

## Strengths

- None stand out in the data.

## Watch-outs

- Loss-making in 4 of the recent years
- Net debt equals ~7.5 years of free cash flow

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $12.1B | -$1.27B | -$1.24B |
| FY2022 | $13.7B | -$1.23B | -$816M |
| FY2023 | $14.8B | $1.49B | $3.78B |
| FY2024 | $17.2B | $2.66B | $2.48B |
| FY2025 | $17.7B | $944M | $1.32B |

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Source: https://stockcv.com/VST — derived from company filings; may be delayed or incomplete. Information, not investment advice.