Vistra Corp. (VST)

From the record

Vistra Corp.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Vistra Corp.'s 9 filed years say what it did: revenue went from $5.4 billion in fiscal 2017 to $18 billion in fiscal 2025, up 15.9% a year; it rose in 7 of 8 years; the deepest fall was 3% from fiscal 2019 to fiscal 2020; net income was positive in 5 of 9 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Vistra Corp.'s diluted share count shrank about 6.5% a year, and dividends and buybacks returned about 32% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 40 sales (35 under scheduled 10b5-1 plans) and 3 purchases of their own stock on the open market in the year to 2026-10-08, buying about $1 million (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Vistra Corp. earned about 18 cents of profit for every dollar of shareholders' money. Leverage: it owed about 88 cents per dollar of assets, and net share issuance: its share count shrank 2.0% over the year (the filed statements).

From the record

Vistra Corp.'s standing among 52 graded names in its industry family: revenue of $18 billion in fiscal 2025 ranks in the top 17% by size; a net margin of 5.3% ranks in the bottom 34%; revenue growth of 8.9% a year over the last 3 filed years ranks in the top 28% (its annual reports).

From the record

Vistra Corp.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Burke, James A (President and CEO, as filed), filing under that title since 2022-08-03, 4.3 years (top 48% of its family); the 17 officers and directors filing in the last fifteen months have been on the record a median of 8.6 years (top 12%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 17 people in charge now (top 45%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Vistra Corp.'s room to grow, from the newest filed statements (fiscal 2025): cash of $822 million against debt of $16 billion leaves -36.1% of its assets as net cash, bottom 39% of its family; cash from operations less capital spending is 7.4% of revenue (top 33%) (its annual report).

From the record

Vistra Corp.'s growth drivers, from the filed years to fiscal 2025: revenue grew 8.9% a year over the last three filed years against 15.9% over all 9, slowing (bottom 19% of its family); the newest year grew 3% (bottom 25%); capital spending grew 28.4% a year (top 31%) (its annual reports). Vistra Corp. reported 5 lines of business in fiscal 2025: Retail at $14 billion, East at $6.2 billion, Texas at $5.4 billion, and 2 more. 3 of 5 grew in the latest filed year, and the largest line is 55% of revenue (its annual report).

From the record

Vistra Corp.'s newest year against its own record: revenue of $18 billion in fiscal 2025 came in 8.1% below the $19 billion its prior three years' pace pointed to (bottom 29% of its family); net income of $944 million against a prior three-year average of $975 million (bottom 32%); a net margin of 5.3% against 5.5% before (bottom 32%) (its annual reports).