Vistra profit margin VST
Gross, operating and net profit as a share of revenue over the last twelve months, from 2017.
- Net margin, 12 months
- 11.6%
- Operating margin, 12 months
- 18.5%
- Net margin on a year earlier
- −1.4 pts
- Peer median
- 13.9%
Over the twelve months to Jun 30, 2026, Vistra kept 11.6% of its revenue as net profit, with an operating margin of 18.5%.
Five years earlier its net margin was −13.4%.
The median for 10 utility stocks of a similar size is 13.9%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 5.3% | 10.7% |
| FY2024 | 15.4% | 23.7% |
| FY2023 | 10.1% | 18.0% |
| FY2022 | −8.9% | −8.6% |
| FY2021 | −10.5% | −12.6% |
| FY2020 | 5.6% | 13.3% |
| FY2019 | 7.9% | 16.9% |
| FY2018 | −0.6% | 5.4% |
| FY2017 | −4.7% | 3.7% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 11.6% | −1.4 pts | 18.5% | |
| Q1 FY26 | 11.5% | −1.9 pts | 18.1% | |
| Q4 FY25 | 5.3% | −10.1 pts | 10.7% | |
| Q3 FY25 | 6.7% | −5.8 pts | 11.8% | |
| Q2 FY25 | 12.9% | +8.3 pts | 19.4% | |
| Q1 FY25 | 13.4% | +7.7 pts | 21.4% | |
| Q4 FY24 | 15.4% | +5.3 pts | 23.7% | |
| Q3 FY24 | 12.5% | +3.3 pts | 22.0% | |
| Q2 FY24 | 4.6% | −5.0 pts | 13.0% | |
| Q1 FY24 | 5.7% | +7.3 pts | 12.0% | |
| Q4 FY23 | 10.1% | +19.0 pts | 18.0% | |
| Q3 FY23 | 9.2% | +11.1 pts | 15.8% |
Against its peers
Companies in Utilities nearest Vistra's size, closest first, today.
| Company | Profit margin |
|---|---|
| VSTVistra | 11.6% |
| EXCExelon | 11.0% |
| XELXcel Energy | 15.3% |
| ETREntergy | 13.5% |
| EDConsolidated Edison | 12.5% |
| SRESempra | 20.5% |
| DDominion Energy | 14.0% |
| WECWEC Energy | 16.7% |
| PEGPublic Service Enterprise | 16.0% |
| PCGPG&E | 12.3% |
| AEPAmerican Electric Power | 13.8% |
| Peer median | 13.9% |
Where Vistra ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Vistra
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.