Vistra Corp. (VST) FY2024 10-K Annual Report

Filed: Feb 28, 2025
Utilities
Electric ServicesSEC EDGAR

Vistra Corp. (VST) 10-K annual report for fiscal year 2024, filed with SEC EDGAR on Feb 28, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Vistra Corp. FY2024 10-K Analysis

Business Overview

  • Integrated retail electricity and power generation business serving 5 million customers across 18 states plus D.C.
  • Updated reportable segments in Q4 2024, eliminating “Sunset” segment, reallocating its assets into Texas and East segments
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Management Discussion & Analysis

  • Revenue not explicitly stated; 2024 earnings strong from integrated business model and hedging strategy, combining Energy Harbor merger assets (4,048 MW nuclear added)
  • Operating margin or profitability % not specified; recognized $545 million nuclear PTC revenue in 2024 per IRA tax credits
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Risk Factors

  • No specific or timely regulatory/legal risk detailed in section
  • No geopolitical or macroeconomic threat with concrete exposure disclosed
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Vistra Corp. FY2024 Key Financial Metrics
XBRL

Revenue

$14.8B

+6.9% YoY

Net Income

$2.7B

+78.1% YoY

Operating Margin

27.6%

+837bp YoY

Net Margin

18.0%

+720bp YoY

ROE

47.7%

+1961bp YoY

Total Assets

$37.8B

+14.6% YoY

EPS (Diluted)

$7.00

+95.5% YoY

Operating Cash Flow

$4.6B

-16.3% YoY

Source: XBRL data from Vistra Corp. FY2024 10-K filing on SEC EDGAR. All figures in USD.

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