VSTVistra Corp.
Electric Services
- Revenue
- $17.6B
- 19% YoY
- Operating margin
- 10.8%
- 61% YoY
- EBITDA
- $3.9B
- 34% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 4.4×
- $17.3B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear431% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear33% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear7% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $17.7B | $15.6B | $13.8B | $14.8B | $17.6B | 19% |
| Operating income | −$1.5B | −$1.2B | $2.7B | $4.1B | $1.9B | 53% |
| Net income | −$1.3B | −$1.2B | $1.5B | $2.7B | $944M | 64% |
| Operating cash flow | −$206M | $485M | $5.5B | $4.6B | $4.1B | 11% |
| Capex | $1.0B | $1.3B | $1.7B | $2.1B | $2.8B | 32% |
| Stock-based comp | $47M | $63M | $77M | $100M | $113M | 13% |
| Buybacks | $471M | $1.9B | $1.2B | $1.3B | $1.0B | 19% |
| Dividends | $290M | $302M | $313M | $305M | $306M | 0.3% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $22M · 8
- Net
- −$22M
Pay vs performance
No pay-versus-performance disclosure yet.