We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Vistra's Q4 Earnings Miss Estimates, Revenues Increase Y/Y
Read MoreHide Full Article
Key Takeaways
VST reported Q4 EPS of $2.18, missing estimates, and earnings jumped 91.2% year over year.
Vistra's quarterly revenues rose 13.5% to $4.58B but fell short of consensus estimates.
VST sees 2026 adjusted EBITDA of $6.8-$7.6B and up to $4.725B in adjusted free cash flow.
Vistra Corp. (VST - Free Report) reported fourth-quarter 2025 earnings of $2.18 per share, which missed the Zacks Consensus Estimate of $2.51 by 13.1%. However, the bottom line increased 91.2% from $1.14 in the year-ago quarter.
Total Revenues of VST
Sales for the quarter totaled $4.58 billion, which lagged the Zacks Consensus Estimate of nearly $5.34 billion by 14.1%. However, the top line rose 13.5% from $4.04 billion recorded in the year-ago quarter.
Full-year 2025 revenues totaled $17.74 billion compared with $17.22 billion last year.
Fuel, purchased power costs and delivery fees for the year amounted to $9.1 billion, up 24.9% from last year’s $7.29 billion.
Operating costs for the year totaled $2.8 billion, up 16.1% from last year’s $2.41 billion.
Selling, general and administrative expenses amounted to $1.71 billion, up 7.1% from last year’s $1.6 billion.
Operating income totaled $1.91 billion compared with $4.08 billion a year ago.
Interest expenses and related charges came in at $1.18 billion, up 31% from last year.
VST’s Financial Highlights
Cash and cash equivalents totaled $0.79 billion as of Dec. 31, 2025 compared with $1.19 billion as of Dec. 31, 2024.
Net cash flow provided by operating activities in 2025 was $4.07 billion compared with $4.56 billion last year.
Total capital expenditures for 2025 were $2.75 billion compared with $2.09 billion recorded a year ago.
Available liquidity of the company as of Dec. 31, 2025 was $2.78 billion, enough to meet its near-term obligations.
As of Feb. 18, 2026, Vistra executed $5.9 billion in share repurchases since November 2021. Vistra has $1.8 billion dollars of the share repurchase authorization available, which it expects to complete by year-end 2027.
VST’s Guidance
For 2026, VST expects its Ongoing Operations Adjusted EBITDA and Ongoing Operations Adjusted free cash flow before growth to be in the band of $6.8-$7.6 billion and $3.925-$4.725 billion, respectively.
Dominion Energy Inc. (D - Free Report) delivered fourth-quarter 2025 operating earnings of 68 cents per share, which beat the Zacks Consensus Estimate of 64 cents by 6.3%. The bottom line increased 17.2% from the year-ago quarter's level.
Revenues of $4.09 billion topped the Zacks Consensus Estimate of $3.56 billion by 14.9%. The top line rose 20.4% from $3.4 billion in the year-ago quarter.
FirstEnergy Corp. (FE - Free Report) registered fourth-quarter 2025 operating earnings of 53 cents per share, which beat the Zacks Consensus Estimate of 52 cents by 1.92%. In the year-ago quarter, the company reported earnings of 67 cents.
Operating revenues of $3.78 billion surpassed the Zacks Consensus Estimate of $3.25 billion by 16.9%. The top line increased 19.6% from $3.18 billion in the year-ago quarter.
IDACORP, Inc. (IDA - Free Report) reported fourth-quarter 2025 earnings of 78 cents per share, which topped the Zacks Consensus Estimate of 74 cents by 5.4%. The company’s earnings improved 11.4% from 70 cents in the year-ago quarter.
Total revenues in the fourth quarter of 2025 were $405.2 million, lagging the Zacks Consensus Estimate of $417 million by 2.9%. The metric climbed 1.8% from $398.1 million in the year-ago quarter.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Vistra's Q4 Earnings Miss Estimates, Revenues Increase Y/Y
Key Takeaways
Vistra Corp. (VST - Free Report) reported fourth-quarter 2025 earnings of $2.18 per share, which missed the Zacks Consensus Estimate of $2.51 by 13.1%. However, the bottom line increased 91.2% from $1.14 in the year-ago quarter.
Total Revenues of VST
Sales for the quarter totaled $4.58 billion, which lagged the Zacks Consensus Estimate of nearly $5.34 billion by 14.1%. However, the top line rose 13.5% from $4.04 billion recorded in the year-ago quarter.
Full-year 2025 revenues totaled $17.74 billion compared with $17.22 billion last year.
Vistra Corp. Price, Consensus and EPS Surprise
Vistra Corp. price-consensus-eps-surprise-chart | Vistra Corp. Quote
VST’s Operational Highlights
Fuel, purchased power costs and delivery fees for the year amounted to $9.1 billion, up 24.9% from last year’s $7.29 billion.
Operating costs for the year totaled $2.8 billion, up 16.1% from last year’s $2.41 billion.
Selling, general and administrative expenses amounted to $1.71 billion, up 7.1% from last year’s $1.6 billion.
Operating income totaled $1.91 billion compared with $4.08 billion a year ago.
Interest expenses and related charges came in at $1.18 billion, up 31% from last year.
VST’s Financial Highlights
Cash and cash equivalents totaled $0.79 billion as of Dec. 31, 2025 compared with $1.19 billion as of Dec. 31, 2024.
Net cash flow provided by operating activities in 2025 was $4.07 billion compared with $4.56 billion last year.
Total capital expenditures for 2025 were $2.75 billion compared with $2.09 billion recorded a year ago.
Available liquidity of the company as of Dec. 31, 2025 was $2.78 billion, enough to meet its near-term obligations.
As of Feb. 18, 2026, Vistra executed $5.9 billion in share repurchases since November 2021. Vistra has $1.8 billion dollars of the share repurchase authorization available, which it expects to complete by year-end 2027.
VST’s Guidance
For 2026, VST expects its Ongoing Operations Adjusted EBITDA and Ongoing Operations Adjusted free cash flow before growth to be in the band of $6.8-$7.6 billion and $3.925-$4.725 billion, respectively.
VST’s Zacks Rank
The company currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Recent Releases
Dominion Energy Inc. (D - Free Report) delivered fourth-quarter 2025 operating earnings of 68 cents per share, which beat the Zacks Consensus Estimate of 64 cents by 6.3%. The bottom line increased 17.2% from the year-ago quarter's level.
Revenues of $4.09 billion topped the Zacks Consensus Estimate of $3.56 billion by 14.9%. The top line rose 20.4% from $3.4 billion in the year-ago quarter.
FirstEnergy Corp. (FE - Free Report) registered fourth-quarter 2025 operating earnings of 53 cents per share, which beat the Zacks Consensus Estimate of 52 cents by 1.92%. In the year-ago quarter, the company reported earnings of 67 cents.
Operating revenues of $3.78 billion surpassed the Zacks Consensus Estimate of $3.25 billion by 16.9%. The top line increased 19.6% from $3.18 billion in the year-ago quarter.
IDACORP, Inc. (IDA - Free Report) reported fourth-quarter 2025 earnings of 78 cents per share, which topped the Zacks Consensus Estimate of 74 cents by 5.4%. The company’s earnings improved 11.4% from 70 cents in the year-ago quarter.
Total revenues in the fourth quarter of 2025 were $405.2 million, lagging the Zacks Consensus Estimate of $417 million by 2.9%. The metric climbed 1.8% from $398.1 million in the year-ago quarter.