TTM
12.7%
YoY change
−22.18pp
Trough year (2021)
0.5%
Peak year (2024)
39.7%
Latest annual
17.5%
Gross Margin history chart for Vistra (VST) from 2012 to 2025
Latest: 17.5%
Gross Margin change chart for Vistra (VST) from 2012 to 2025
Latest: −22.18pp
Gross Margin history table for Vistra (VST) from 2012 to 2025
| 2025 | 17.5% | -22.18pp | ||
| 2024 | 39.7% | +6.43pp | ||
| 2023 | 33.3% | +11.89pp | ||
| 2022 | 21.4% | +20.93pp | ||
| 2021 | 0.5% | -22.16pp | ||
| 2020 | 22.6% | +0.36pp | ||
| 2019 | 22.2% | -0.08pp | ||
| 2018 | 22.3% | +8.19pp | ||
| 2017 | 14.1% | -3.31pp | ||
| 2016 | 17.5% | -1.01pp | ||
| 2015 | 18.5% | +2.55pp | ||
| 2014 | 15.9% | +1.74pp | ||
| 2013 | 14.2% | +3.74pp | ||
| 2012 | 10.5% | — |
- 202517.5%-22.18pp
- 202439.7%+6.43pp
- 202333.3%+11.89pp
- 202221.4%+20.93pp
- 20210.5%-22.16pp
- 202022.6%+0.36pp
- 201922.2%-0.08pp
- 201822.3%+8.19pp
- 201714.1%-3.31pp
- 201617.5%-1.01pp
- 201518.5%+2.55pp
- 201415.9%+1.74pp
- 201314.2%+3.74pp
- 201210.5%—
Gross Margin values are taken from Vistra's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Vistra (VST)
According to Vistra's latest reported financial statements, the company's latest reported gross margin is 12.7%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Vistra (VST) most recent annual gross margin stands at 17.52% (2025) – contracted 22.2 percentage points year-over-year.
The record annual gross margin stands at 39.70%, reached in 2024; the historical low of 0.45% was recorded in 2021.
Vistra Gross Margin by Year
Vistra Gross Margin 2025: 17.5%
2025's gross margin for Vistra came in at 17.52%, contracted 22.2 percentage points from 2024.
Vistra Gross Margin 2024: 39.7%
Vistra posted gross margin of 39.70% in 2024, expanded 6.4 percentage points from 2023. This figure represents the highest annual value in the available history.
Vistra Gross Margin 2023: 33.3%
In 2023, Vistra reported gross margin of 33.27%, expanded 11.9 percentage points from 2022.
Vistra Gross Margin 2022: 21.4%
Vistra gross margin in 2022 was 21.38%, expanded 20.9 percentage points from 2021.
Vistra Gross Margin 2021: 0.5%
Vistra gross margin in 2021 was 0.45%.
See more financial history for Vistra (VST).
Sector peers by Gross Margin
Utilities peers of Vistra (VST), ranked by their latest gross margin
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