How does Vistra (VST) make money?

Vistra (VST) primarily makes money through Retail Segment, which accounts for 51% of total revenue. For TTM through Q4 2025, Vistra generated $16.73B in total revenue with a net profit margin of 5.6%.

What is Vistra (VST) gross profit margin?

Vistra (VST) reported a gross profit margin of 15.9% for TTM through Q4 2025, equivalent to $2.66B in gross profit. This means Vistra retains 15.9% of each revenue unit after direct costs of production.

What is Vistra (VST) operating profit margin?

Vistra (VST) reported an operating profit margin of 5.8% for TTM through Q4 2025, equivalent to $976.00M in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Vistra (VST) net profit margin?

Vistra (VST) reported a net profit margin of 5.6% for TTM through Q4 2025, equivalent to $944.00M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does Vistra (VST) spend on capital expenditures?

Vistra (VST) spent $3.43B on capital expenditures in TTM through Q4 2025 (20.5% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is Vistra (VST) free cash flow?

Vistra (VST) generated $640.00M in free cash flow for TTM through Q4 2025 (3.8% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is Vistra (VST) effective tax rate?

Vistra (VST) had an effective tax rate of 15.9% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

How Vistra (VST) Makes Money: A Visual Guide

Vistra (VST) generated $16.73B in revenue, earning $944.00M in net profit (5.6% margin). Its largest revenue source is Retail Segment (51% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

Vistra (VST) Income Statement Flow — TTM through Q4 2025

Calculated from the four most recent reported quarters, ending December 31, 2025 (reported February 27, 2026).

Frequently asked questions

How does Vistra (VST) make money?: Vistra (VST) primarily makes money through Retail Segment, which accounts for 51% of total revenue. For TTM through Q4 2025, Vistra generated $16.73B in total revenue with a net profit margin of 5.6%.
What is Vistra (VST) gross profit margin?: Vistra (VST) reported a gross profit margin of 15.9% for TTM through Q4 2025, equivalent to $2.66B in gross profit. This means Vistra retains 15.9% of each revenue unit after direct costs of production.
What is Vistra (VST) operating profit margin?: Vistra (VST) reported an operating profit margin of 5.8% for TTM through Q4 2025, equivalent to $976.00M in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Vistra (VST) net profit margin?: Vistra (VST) reported a net profit margin of 5.6% for TTM through Q4 2025, equivalent to $944.00M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Vistra (VST) spend on capital expenditures?: Vistra (VST) spent $3.43B on capital expenditures in TTM through Q4 2025 (20.5% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Vistra (VST) free cash flow?: Vistra (VST) generated $640.00M in free cash flow for TTM through Q4 2025 (3.8% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Vistra (VST) effective tax rate?: Vistra (VST) had an effective tax rate of 15.9% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?: Based on company filings through TTM through Q4 2025.