Vistra Corp. (VST) FY2025 Annual Balance Sheet

Vistra Corp. (VST) FY2025 Annual Balance Sheet

Balance sheet as of 2025-12-31. The chart shows assets, liabilities and equity at that date.

Assets

41,550,000,000 US dollars

Current assets

9,179,000,000 US dollars

Non-current assets

32,371,000,000 US dollars

Liabilities

36,440,000,000 US dollars

Current liabilities

11,814,000,000 US dollars

Non-current liabilities

24,626,000,000 US dollars

Equity

5,110,000,000 US dollars

Noncontrolling interest

13,000,000 US dollars. Included in consolidated equity; this amount is not added again.

Commodity and other derivative contractual assets

2,793,000,000 US dollars

Trade accounts receivable — net

2,323,000,000 US dollars

Margin deposits related to commodity contracts

1,133,000,000 US dollars

Cash and cash equivalents

785,000,000 US dollars

Prepaid expense and other current assets

654,000,000 US dollars

Inventories — net - Materials and supplies

599,000,000 US dollars

Margin deposits posted under affiliate financing agreement

444,000,000 US dollars

Inventories — net - Fuel stock and natural gas in storage

417,000,000 US dollars

Restricted cash

31,000,000 US dollars

Property, plant, and equipment — net

19,846,000,000 US dollars

Investments

5,091,000,000 US dollars

Goodwill

2,810,000,000 US dollars

Identifiable intangible assets — net

2,435,000,000 US dollars

Other noncurrent assets

1,539,000,000 US dollars

Commodity and other derivative contractual assets

405,000,000 US dollars

Accumulated deferred income taxes

239,000,000 US dollars

Restricted cash

6,000,000 US dollars

Commodity and other derivative contractual liabilities

4,049,000,000 US dollars

Short-term borrowings

1,800,000,000 US dollars

Trade accounts payable

1,644,000,000 US dollars

Accounts receivable financing

1,225,000,000 US dollars

Long-term debt due currently

1,201,000,000 US dollars

Other current liabilities

663,000,000 US dollars

Forward repurchase obligation due currently

632,000,000 US dollars

Accrued taxes other than income

224,000,000 US dollars

Accrued interest

188,000,000 US dollars

Asset retirement obligations

181,000,000 US dollars

Margin deposits related to commodity contracts

7,000,000 US dollars

Long-term debt, less amounts due currently

15,842,000,000 US dollars

Asset retirement obligations

4,035,000,000 US dollars

Commodity and other derivative contractual liabilities

1,729,000,000 US dollars

Other noncurrent liabilities and deferred credits

1,527,000,000 US dollars

Accumulated deferred income taxes

1,049,000,000 US dollars

Margin deposits financing with affiliate

444,000,000 US dollars

Forward repurchase obligation, less amounts due currently

0 US dollars

Additional paid-in-capital

9,536,000,000 US dollars

Preferred stock (100,000,000 shares authorized, $1,000 liquidation preference per share, 2,476,066 shares outstanding at both December 31, 2025 and 2024, respectively)

2,476,000,000 US dollars

Accumulated other comprehensive income

17,000,000 US dollars

Common stock (par value $0.01 per share, 1,800,000,000 shares authorized, 338,059,635 and 339,754,307 shares outstanding at December 31, 2025 and 2024, respectively)

5,000,000 US dollars

Noncontrolling interest in subsidiary

13,000,000 US dollars

Treasury stock, at cost (215,599,525 and 208,998,299 shares at December 31, 2025 and 2024, respectively)

negative 6,925,000,000 US dollars

Accumulated deficit

negative 12,000,000 US dollars

Gross equity (calculated)

12,047,000,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

• Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
• Treasury shares and other negative equity contributions reduce equity.