TTM
2.1%
YoY change
−24.28pp
Trough year (2021)
-7.4%
Peak year (2024)
32.1%
Latest annual
7.9%
Operating Margin history chart for Vistra (VST) from 2012 to 2025
Latest: 7.9%
Operating Margin change chart for Vistra (VST) from 2012 to 2025
Latest: −24.28pp
Operating Margin history table for Vistra (VST) from 2012 to 2025
| 2025 | 7.9% | -24.28pp | ||
| 2024 | 32.1% | +6.97pp | ||
| 2023 | 25.2% | +10.39pp | ||
| 2022 | 14.8% | +22.20pp | ||
| 2021 | -7.4% | -20.81pp | ||
| 2020 | 13.4% | -1.03pp | ||
| 2019 | 14.4% | +0.96pp | ||
| 2018 | 13.5% | +10.47pp | ||
| 2017 | 3.0% | -2.16pp | ||
| 2016 | 5.2% | -0.73pp | ||
| 2015 | 5.9% | +1.80pp | ||
| 2014 | 4.1% | +2.71pp | ||
| 2013 | 1.4% | +4.03pp | ||
| 2012 | -2.7% | — |
- 20257.9%-24.28pp
- 202432.1%+6.97pp
- 202325.2%+10.39pp
- 202214.8%+22.20pp
- 2021-7.4%-20.81pp
- 202013.4%-1.03pp
- 201914.4%+0.96pp
- 201813.5%+10.47pp
- 20173.0%-2.16pp
- 20165.2%-0.73pp
- 20155.9%+1.80pp
- 20144.1%+2.71pp
- 20131.4%+4.03pp
- 2012-2.7%—
Operating 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 Operating Margin at Vistra (VST)
According to Vistra's latest reported financial statements, the company's latest reported operating margin is 2.1%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Vistra (VST) reported operating margin of 7.87% – contracted 24.3 percentage points year-over-year.
The highest annual operating margin of 32.14% was reported in 2024. The lowest in the available history was -7.41% in 2021.
Vistra Operating Margin by Year
Vistra Operating Margin 2025: 7.9%
Vistra posted operating margin of 7.87% in 2025, contracted 24.3 percentage points from 2024.
Vistra Operating Margin 2024: 32.1%
In 2024, Vistra reported operating margin of 32.14%, expanded 7.0 percentage points from 2023. This figure represents the highest annual value in the available history.
Vistra Operating Margin 2023: 25.2%
Vistra operating margin in 2023 was 25.18%, expanded 10.4 percentage points from 2022.
Vistra Operating Margin 2022: 14.8%
2022's operating margin for Vistra came in at 14.79%, expanded 22.2 percentage points from 2021.
Vistra Operating Margin 2021: -7.4%
Vistra operating margin in 2021 was -7.41%.
See more financial history for Vistra (VST).
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