VSTVistra Corp.

$57B

Q4 2023 Earnings

Utilities Independent Power Producers

Income Statement

Revenue

$3.4B-21.4% YoY

Gross Profit

$880M25.9% margin

Operating Income

$536M15.8% margin

Net Income

-$184M-5.4% margin

EPS (Diluted)

$-0.63

QoQ Revenue Growth

-34.8%

Cash Flow

Operating Cash Flow

$881M

Free Cash Flow

$467M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$33.0B

Total Liabilities

$27.6B

Stockholders' Equity

$5.3B

Cash & Equivalents

$3.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.4B	$4.3B	-21.4%
Gross Profit	$880M	-$138M	+737.7%
Operating Income	$536M	-$438M	+222.4%
Net Income	-$184M	-$246M	+25.2%

Revenue Segments

Retail Energy Charge In ERCOT

$5.0B43%

Total Other Revenues

$1.7B14%

Wholesale Generation Revenue From ERCOT

$1.6B14%

Retail Energy Charge In Northeast/Midwest

$1.2B10%

Revenue From Other Wholesale Contracts

$1.1B10%

Hedging And Other Revenues

$970M8%

Capacity Revenue

$78M1%

VST Q4 2023 Earnings — Vistra Corp. Revenue & Financial Results | Market Cap Arena