What is the current annual gross margin of VST?

As of today, VST annual gross margin is 21.69%

What is 1-year change in VST annual gross margin?

VST annual gross margin is down -45.37% year-over-year

What is 3-year change in VST annual gross margin?

VST annual gross margin is up +1.45% over the past 3 years

How far is VST annual gross margin from its all-time high?

VST annual gross margin is currently -55.98% below its historical high of 49.27% set on December 1, 2006

How does VST annual gross margin rank versus sector peers?

VST annual gross margin is higher than 31.37% of companies in Utilities sector

When is VST next annual earnings release?

The next annual earnings release for VST is on February 25, 2027

What is the current quarterly gross margin of VST?

As of today, VST quarterly gross margin is 38.18%

What is VST quarterly gross margin most recent change?

VST quarterly gross margin was up +37.93% on September 30, 2026

What is 1-year change in VST quarterly gross margin?

VST quarterly gross margin is up +32.11% year-over-year

How far is VST quarterly gross margin from its all-time high?

VST quarterly gross margin is currently -26.90% below its historical high of 52.23% set on June 1, 2006

How does VST quarterly gross margin rank versus sector peers?

VST quarterly gross margin is higher than 64.00% of companies in Utilities sector

When is VST next earnings release?

The next earnings release for VST is on February 25, 2027

Vistra Corp. (VST) Gross Margin History & Chart Since 2005

Annual Gross Margin

21.69%18.01%-45.37%

December 31, 2025

Summary

Current Value: As of today, VST annual gross margin is 21.69%, down -45.37% on December 31, 2025
Historical Performance: VST annual gross margin is up +1.45% over the past 3 years, down -4.07% over the past 5 years
All-Time High Comparison: VST annual gross margin is currently -55.98% below its historical high of 49.27% set on December 1, 2006
3-Year Low Comparison: VST annual gross margin is +1.45% above its 3-year low of 21.38% reached on an earlier date
Sector Comparison: VST annual gross margin is higher than 31.37% of companies in Utilities sector

Gross Margin Chart

beforeafter

Performance

VST Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	21.69%	-45.4%	+1.4%	-4.1%	-28.1%
Quarterly Gross Margin	Sep 30, 26	38.18%	+32.1%	-12.1%	+53.3%	-0.7%
Price	Nov 13, 26	$133.01	-22.5%	+286.7%	+576.9%	–
PE Ratio	Nov 13, 26	17.91	-70.8%	+76.8%	–	–
Annual Revenue	Dec 31, 25	$17.92B	+17.0%	+0.5%	+62.0%	+117.6%
Annual Gross Profit	Dec 31, 25	$3.85B	-50.0%	+0.9%	+53.9%	+54.9%
Annual Operating Margin	Dec 31, 25	12.03%	-62.6%	-18.7%	-10.2%	+23.6%
Annual Net Margin	Dec 31, 25	5.27%	-71.3%	+177.7%	-6.6%	+112.8%

Gross Margin Highs

VST Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	39.70%	Dec 31, 24	-45.4%
5Y	39.70%	Dec 31, 24	-45.4%
All	49.27%	Dec 1, 06	-56.0%

Gross Margin Lows

VST Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	21.38%	N/A	+1.4%
5Y	0.45%	Dec 31, 21	+4720.0%
All	0.45%	Dec 31, 21	+4720.0%

Gross Margin History

Year	Value	Change
2025	21.69%	-45.4%
2024	39.70%	+19.3%
2023	33.27%	+55.6%
2022	21.38%	+4,651.1%
2021	0.45%	-98.0%
2020	22.61%	+1.6%
2019	22.25%	-0.4%
2018	22.33%	+57.8%
2017	14.15%	-19.0%
2016	17.46%	-5.5%
2015	18.47%	+15.9%

Year	Value	Change
2014	15.93%	+12.3%
2013	14.19%	+35.8%
2012	10.45%	-66.2%
2011	30.88%	+2.4%
2010	30.16%	-14.9%
2009	35.46%	+12.1%
2008	31.62%	+60.3%
2007	19.73%	-60.0%
2006	49.27%	+51.8%
2005	32.45%	-

FAQ

What is the current annual gross margin of VST?: As of today, VST annual gross margin is 21.69%
What is 1-year change in VST annual gross margin?: VST annual gross margin is down -45.37% year-over-year
What is 3-year change in VST annual gross margin?: VST annual gross margin is up +1.45% over the past 3 years
How far is VST annual gross margin from its all-time high?: VST annual gross margin is currently -55.98% below its historical high of 49.27% set on December 1, 2006
How does VST annual gross margin rank versus sector peers?: VST annual gross margin is higher than 31.37% of companies in Utilities sector
When is VST next annual earnings release?: The next annual earnings release for VST is on February 25, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

38.18%10.50%+37.93%

September 30, 2026

Summary

Current Value: As of today, VST quarterly gross margin is 38.18%, up +37.93% on September 30, 2026
Historical Performance: VST quarterly gross margin is up +32.11% year-over-year, down -12.13% over the past 3 years
All-Time High Comparison: VST quarterly gross margin is currently -26.90% below its historical high of 52.23% set on June 1, 2006
3-Year Low Comparison: VST quarterly gross margin is +714.07% above its 3-year low of 4.69% reached on March 31, 2024
Sector Comparison: VST quarterly gross margin is higher than 64.00% of companies in Utilities sector

Performance

VST Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 26	38.18%	+37.9%	+32.1%	-12.1%	+53.3%
Annual Gross Margin	Dec 31, 25	21.69%	–	-45.4%	+1.4%	-4.1%
Price	Nov 13, 26	$133.01	-9.2%	-22.5%	+286.7%	+576.9%
PE Ratio	Nov 13, 26	17.91	-27.5%	-70.8%	+76.8%	–
Quarterly Revenue	Sep 30, 26	$6.35B	+43.4%	+29.1%	+22.0%	+62.3%
Quarterly Gross Profit	Sep 30, 26	$2.42B	+97.8%	+70.5%	+7.2%	+148.8%
Quarterly Operating Margin	Sep 30, 26	31.12%	+62.4%	+53.1%	-15.9%	+73.1%
Quarterly Net Margin	Sep 30, 26	17.96%	+160.7%	+35.4%	+86.1%	+6807.7%

Quarterly Gross Margin Highs

VST Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	38.18%	Sep 30, 26	at high
3Y	43.45%	N/A	-12.1%
5Y	43.45%	Sep 30, 23	-12.1%
All	52.23%	Jun 1, 06	-26.9%

Quarterly Gross Margin Lows

VST Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	25.88%	Mar 31, 26	+47.5%
3Y	4.69%	Mar 31, 24	+714.1%
5Y	-3.20%	Dec 31, 22	+1293.1%
All	-589.00%	Dec 1, 07	+106.5%

Quarterly Gross Margin History

Month	Value	Change
Sep 2026	38.18%	+37.9%
Jun 2026	27.68%	+7.0%
Mar 2026	25.88%	-3.9%
Dec 2025	26.93%	-6.8%
Sep 2025	28.90%	+90.0%
Jun 2025	15.21%	-48.9%
Mar 2025	29.78%	-4.1%
Dec 2024	31.05%	-27.6%
Sep 2024	42.88%	+63.5%
Jun 2024	26.22%	+459.1%
Mar 2024	4.69%	-81.9%
Dec 2023	25.94%	-40.3%
Sep 2023	43.45%	+48.4%
Jun 2023	29.28%	+0.5%
Mar 2023	29.13%	+1,010.3%
Dec 2022	-3.20%	-109.3%
Sep 2022	34.56%	+146.7%
Jun 2022	14.01%	-24.7%
Mar 2022	18.60%	-40.0%
Dec 2021	30.98%	+24.4%
Sep 2021	24.91%	+48.5%
Jun 2021	16.78%	+121.3%
Mar 2021	-78.76%	-730.1%
Dec 2020	12.50%	-59.5%
Sep 2020	30.90%	+39.0%
Jun 2020	22.23%	+0.7%
Mar 2020	22.08%	+10.1%
Dec 2019	20.05%	-36.7%
Sep 2019	31.68%	+75.8%
Jun 2019	18.02%	+16.9%
Mar 2019	15.42%	-0.9%
Dec 2018	15.56%	-51.2%
Sep 2018	31.87%	+60.8%
Jun 2018	19.82%	+11.7%
Mar 2018	17.75%	+4,229.3%
Dec 2017	0.41%	-98.4%
Sep 2017	25.43%	+58.6%
Jun 2017	16.03%	+58.1%
Mar 2017	10.14%	+10.5%

Month	Value	Change
Dec 2016	9.18%	-66.9%
Sep 2016	27.75%	+113.8%
Jun 2016	12.98%	-0.6%
Mar 2016	13.06%	+194.8%
Dec 2015	4.43%	-85.1%
Sep 2015	29.76%	+114.9%
Jun 2015	13.85%	-29.8%
Mar 2015	19.73%	+105.1%
Dec 2014	9.62%	-57.4%
Sep 2014	22.58%	+77.4%
Jun 2014	12.73%	-20.8%
Mar 2014	16.08%	+55.8%
Dec 2013	10.32%	-62.5%
Sep 2013	27.52%	+202.8%
Jun 2013	9.09%	+124.4%
Mar 2013	4.05%	+330.9%
Dec 2012	0.94%	-95.6%
Sep 2012	21.29%	+97.9%
Jun 2012	10.76%	+130.9%
Mar 2012	4.66%	-80.4%
Dec 2011	23.76%	-38.2%
Sep 2011	38.43%	+35.3%
Jun 2011	28.41%	-1.0%
Mar 2011	28.71%	+8.5%
Dec 2010	26.47%	-19.9%
Sep 2010	33.06%	-13.8%
Dec 2008	38.37%	+20.3%
Sep 2008	31.89%	+76.4%
Jun 2008	18.08%	-26.7%
Mar 2008	24.68%	+104.2%
Dec 2007	-589.00%	-1,401.1%
Sep 2007	45.27%	+11.8%
Jun 2007	40.48%	-8.6%
Mar 2007	44.28%	-3.6%
Dec 2006	45.95%	-6.9%
Sep 2006	49.34%	-5.5%
Jun 2006	52.23%	+7.0%
Mar 2006	48.81%	-

FAQ

What is the current quarterly gross margin of VST?: As of today, VST quarterly gross margin is 38.18%
What is VST quarterly gross margin most recent change?: VST quarterly gross margin was up +37.93% on September 30, 2026
What is 1-year change in VST quarterly gross margin?: VST quarterly gross margin is up +32.11% year-over-year
How far is VST quarterly gross margin from its all-time high?: VST quarterly gross margin is currently -26.90% below its historical high of 52.23% set on June 1, 2006
How does VST quarterly gross margin rank versus sector peers?: VST quarterly gross margin is higher than 64.00% of companies in Utilities sector
When is VST next earnings release?: The next earnings release for VST is on February 25, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

VST Official Website vistracorp.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1692819/000169281926000006/0001692819-26-000006-index.htm
VST Profile on Yahoo Finance finance.yahoo.com/quote/VST
VST Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/vst