Vistra
At a glance
Vistra reported 2025 revenue of $17.59B, up 19.1% from $14.76B in 2024. Over 4 years since 2021 ($17.7B), that is a decline of about 0.2% a year. Operating margin was 10.8%, up from -8.6% in 2021. Revenue peaked in 2021 at $17.7B. The company posted a loss in 2021 and 2022.
In the last 12 months 10 insiders reported 2 open-market purchases ($1.2M) and 16 sales ($56.2M). 11 of the sales were made under pre-arranged 10b5-1 plans. The largest was a sale of $10.2M by EVP and Chief Admin. Officer Carrie Lee Kirby on Nov 18, 2025. Net, insiders were sellers of $55.1M.
Vistra filed 16 current reports (Form 8-K) in the last 12 months, most often for material agreement (7), new financial obligation (5), results of operations (4) and other events (2). It reported a material agreement or a completed acquisition or disposal 7 times.
5 of the 20 investors tracked here held Vistra at the last quarter end, worth $666.8M combined. It is the largest weight for Appaloosa (4.7% of its portfolio), followed by Bridgewater Associates (0.5%). Added: Appaloosa, Bridgewater Associates and National Pension Service (Korea). Reduced: Renaissance Technologies and Soros Fund Management.
Annual results
| Year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net income | -$1.27B | -$1.23B | $1.49B | $2.66B | $944M |
| Diluted EPS | $-2.69 | $-3.26 | $3.58 | $7.00 | $2.18 |
| Dividend per share | - | $0.72 | $0.82 | $0.87 | $0.90 |
Fiscal year ends Dec 31 · incorporated in DE
Tracked investors holding (13F)
Weight is the share of each investor's portfolio, as of the quarter end.
Current reports (8-K, last 12 months)
Insider open-market trades (last 12 months)
Source: SEC EDGAR. How figures are combined