Vistra Corp. (VST) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
6555 SIERRA DRIVE IRVING, TX 75039 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4911 - Electric Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 3,485 | 455 | 1,325 | 406 | 300 | 636 | |||
| Cash and cash equivalents | 3,485 | 455 | 1,325 | 406 | 300 | 636 | |||
| Restricted cash and investments | 40 | 37 | 21 | 19 | 147 | 57 | |||
| Receivables | 2,294 | 2,693 | 1,838 | 1,279 | 1,859 | 1,437 | |||
| Inventory, net of allowances, customer advances and progress billings | 740 | 570 | 610 | 515 | 469 | 412 | |||
| Inventory | 740 | 570 | 610 | 515 | 469 | 412 | |||
| Derivative instruments and hedges, assets | 3,645 | 4,538 | 2,513 | 748 | 1,333 | 730 | |||
| Other undisclosed current assets | 1,433 | 2,823 | 1,576 | 462 | 6 | 163 | |||
| Total current assets: | 11,637 | 11,116 | 7,883 | 3,429 | 4,114 | 3,435 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 59 | ✕ | |||||||
| Operating lease, right-of-use asset | 50 | 51 | 40 | 45 | 44 | ✕ | |||
| Property, plant and equipment | 12,432 | 12,554 | 13,056 | 13,499 | 13,914 | 14,612 | |||
| Long-term investments and receivables | 2,035 | 1,537 | 1,250 | ||||||
| Long-term investments | 2,035 | 1,537 | 1,250 | ||||||
| Intangible assets, net (including goodwill) | 4,447 | 4,541 | 4,729 | 5,029 | 5,301 | 4,561 | |||
| Goodwill | 2,583 | 2,583 | 2,583 | 2,583 | 2,553 | 2,068 | |||
| Intangible assets, net (excluding goodwill) | 1,864 | 1,958 | 2,146 | 2,446 | 2,748 | 2,493 | |||
| Derivative instruments and hedges | 577 | 702 | 250 | 258 | 136 | 109 | |||
| Restricted cash and investments | 14 | 33 | 13 | 19 | 28 | ||||
| Deferred income tax assets | 1,223 | 1,710 | 1,302 | 838 | ✕ | ||||
| Other noncurrent assets | 551 | 351 | 361 | 332 | 352 | 590 | |||
| Deferred tax assets, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,336 | ||
| Other undisclosed noncurrent assets | 1,729 | 2,049 | 1,759 | 1,131 | 131 | ||||
| Total noncurrent assets: | 21,329 | 21,671 | 21,800 | 21,779 | 22,502 | 22,589 | |||
| TOTAL ASSETS: | 32,966 | 32,787 | 29,683 | 25,208 | 26,616 | 26,024 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,556 | 1,915 | 1,865 | 1,237 | 1,299 | 1,214 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 143 | 131 | 151 | 77 | ||
| Taxes payable | ✕ | ✕ | ✕ | 207 | 226 | 201 | 192 | ||
| Accounts payable | 1,147 | 1,556 | 1,515 | 880 | 947 | 945 | |||
| Accrued liabilities | 409 | 359 | |||||||
| Debt | 688 | 254 | 95 | 627 | 530 | ||||
| Derivative instruments and hedges, liabilities | 5,258 | 6,610 | 3,023 | 789 | 1,529 | 1,376 | |||
| Asset retirement obligation | 124 | 128 | 104 | 103 | 141 | 156 | |||
| Other liabilities | 547 | 524 | 553 | 471 | 506 | 345 | |||
| Other undisclosed current liabilities | 2,338 | 472 | 44 | 341 | 472 | 4 | |||
| Total current liabilities: | 9,823 | 10,337 | 5,843 | 3,036 | 4,574 | 3,625 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 12,116 | 11,933 | 10,477 | 9,235 | 10,102 | 10,874 | |||
| Finance lease, liability | 227 | 237 | 235 | 206 | 78 | ✕ | |||
| Other undisclosed long-term debt and lease obligation | 11,889 | 11,696 | 10,204 | 8,989 | 9,983 | 10,874 | |||
| Liabilities, other than long-term debt | 3,414 | 3,359 | 3,835 | 3,465 | 3,086 | 2,567 | |||
| Asset retirement obligations | 2,414 | 2,309 | 2,346 | 2,333 | 2,097 | 2,217 | |||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 10 | ||
| Deferred income tax liabilities | 1 | 1 | 1 | ✕ | |||||
| Other liabilities | 951 | 1,004 | 1,489 | 1,131 | 989 | 340 | |||
| Operating lease, liability | 48 | 45 | 38 | 40 | 41 | ✕ | |||
| Other undisclosed noncurrent liabilities | 2,291 | 2,240 | 1,236 | 1,111 | 894 | 1,091 | |||
| Total noncurrent liabilities: | 17,821 | 17,532 | 15,548 | 13,811 | 14,082 | 14,532 | |||
| Total liabilities: | 27,644 | 27,869 | 21,391 | 16,847 | 18,656 | 18,157 | |||
| Temporary equity, carrying amount | |||||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | 5,307 | 4,902 | 8,291 | 8,371 | 7,959 | 7,863 | |||
| Preferred stock | 2,476 | 2,000 | 2,000 | ||||||
| Common stock | 5 | 5 | 5 | 5 | 5 | 5 | |||
| Treasury stock, value | (4,662) | (3,395) | (1,558) | (973) | |||||
| Additional paid in capital | 10,095 | 9,928 | 9,824 | 9,786 | 9,721 | 9,329 | |||
| Accumulated other comprehensive income (loss) | 6 | 7 | (16) | (48) | (30) | (22) | |||
| Accumulated deficit | (2,613) | (3,643) | (1,964) | (399) | (764) | (1,449) | |||
| Other undisclosed equity, attributable to parent | (973) | ||||||||
| Equity, attributable to noncontrolling interest | 15 | 16 | 1 | (10) | 1 | 4 | |||
| Total equity: | 5,322 | 4,918 | 8,292 | 8,361 | 7,960 | 7,867 | |||
| TOTAL LIABILITIES AND EQUITY: | 32,966 | 32,787 | 29,683 | 25,208 | 26,616 | 26,024 | |||
Income Statement (P&L) ($ in millions)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 14,779 | 13,728 | 12,077 | 11,443 | 11,809 | 9,144 | ||
| Gross profit: | 14,779 | 13,728 | 12,077 | 11,443 | 11,809 | 9,144 | ||
| Operating expenses | (3,059) | (2,908) | (2,670) | (3,013) | (2,434) | (2,223) | ||
| Other undisclosed operating loss | (9,059) | (11,997) | (10,922) | (6,911) | (7,382) | (6,430) | ||
| Operating income (loss): | 2,661 | (1,177) | (1,515) | 1,519 | 1,993 | 491 | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 243 | 113 | 124 | (8) | 41 | 42 | ||
| Interest and debt expense | (740) | (368) | (384) | (630) | (797) | (572) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (62) | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 2,164 | (1,432) | (1,775) | 881 | 1,237 | (101) | ||
| Income from equity method investments | 4 | 16 | ||||||
| Other undisclosed income (loss) from continuing operations before income taxes | (164) | (128) | 53 | 5 | (37) | |||
| Income (loss) from continuing operations before income taxes: | 2,000 | (1,560) | (1,722) | 890 | 1,216 | (101) | ||
| Income tax expense (benefit) | (508) | 350 | 458 | (266) | (290) | 45 | ||
| Income (loss) from continuing operations: | 1,492 | (1,210) | (1,264) | 624 | 926 | (56) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (1,264) | 624 | 926 | (56) | |
| Net income (loss): | 1,492 | (1,210) | (1,264) | 624 | 926 | (56) | ||
| Net income (loss) attributable to noncontrolling interest | 1 | (17) | (10) | 12 | 2 | 2 | ||
| Net income (loss) attributable to parent: | 1,493 | (1,227) | (1,274) | 636 | 928 | (54) | ||
| Preferred stock dividends and other adjustments | (150) | (150) | ||||||
| Other undisclosed net loss available to common stockholders, basic | (21) | |||||||
| Net income (loss) available to common stockholders, diluted: | 1,343 | (1,377) | (1,295) | 636 | 928 | (54) | ||
Comprehensive Income ($ in millions)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 1,492 | (1,210) | (1,264) | 624 | 926 | (56) | ||
| Other comprehensive income (loss) | (1) | 23 | 32 | (18) | (8) | (5) | ||
| Comprehensive income (loss): | 1,491 | (1,187) | (1,232) | 606 | 918 | (61) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 2 | (34) | (20) | 24 | 4 | |||
| Comprehensive income (loss), net of tax, attributable to parent: | 1,493 | (1,221) | (1,252) | 630 | 922 | (61) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.