# Vistra Corp. (VST) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Utilities / Power Producers & Renewables. Price $139.59, market value $46.9 billion.

## Valuation
- **P/E (trailing): 23.5×** (5-yr avg 34.6×, 3-yr avg 34.6×). Vistra Corp. trades at 23.5× trailing earnings, well below its own five-year average of 34.6×: cheap by its own standards. The Utilities median in the September 2026 study was 21.2×. Forward P/E is 14.6×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 2.5×**. Each dollar of revenue is priced at 2.5×.
- **Price / book: 15.6×**. The shares trade at 15.6× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 12.0×**. Enterprise value is 12.0× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 4.8%** (5-yr avg 2.6%). Free cash flow equals 4.8% of the market value, above its five-year average of 2.6%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 4.2%**. The inverse of the P/E: 4.2% of the price is earned each year.

## Profitability
- **Operating margin: 19.2%**. 19.2% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 5.4%**. 5.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 18.5%**. 18.5% on shareholders' equity is solid.
- **Return on invested capital: 12.2%**. Return on all capital, debt included, is 12.2%.
- **Return on assets: 5.3%**. Each dollar of assets produces 5.3% of profit.

## Growth
- **Revenue growth (1 yr): 19.1%** (3-yr 4.0%/yr, 5-yr 10.1%/yr). Revenue grew 19.1% over the last year, against 10.1% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): -68.9%** (5-yr 10.9%/yr). Earnings per share fell 68.9%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 3.70**. Debt is 3.70 times equity, a leveraged balance sheet, which is normal for utilities.
- **Net debt / EBITDA: 3.3×**. It would take 3.3 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Current ratio: 0.78** (quick 0.78). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 1.44**. A Z-score of 1.44 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.66%** ($0.91 per share, trailing). Vistra Corp. yields 0.66%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 32%** (14% of free cash flow). 32% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 7**. 7 straight years of increases.
- **Dividend growth (5 yr): 10.8%/yr** (1-yr 3.1%). The dividend has compounded at 10.8% a year over five years, doubling roughly every 7 years at that pace.

## Analyst view
- **Analyst consensus: strong_buy** (22 analysts). 22 analysts cover Vistra Corp.; the consensus is strong_buy, with an average price target of $205.41 (+47% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -28.2%** (YTD -16.3%, 3-mo -13.7%). The shares are down 28.2% over twelve months including dividends.
- **From 52-week high: -29.1%** (5.2% above the low). Trading 29% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 39**. An RSI of 39 is neutral.
- **Beta (1 yr): 1.59** (volatility 50%). Beta of 1.59 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=VST · Page: https://foliofundamentals.com/stocks/vst

Not investment advice.