Vistra Energy Corp (VST)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,493,000 | -1,227,000 | -1,274,000 | 636,000 | 928,000 |
| Revenue | US$ in thousands | 14,779,000 | 13,728,000 | 12,077,000 | 11,443,000 | 11,809,000 |
| Net profit margin | 10.10% | -8.94% | -10.55% | 5.56% | 7.86% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $1,493,000K ÷ $14,779,000K
= 10.10%
The net profit margin of Vistra Corp has shown volatility over the past five years. In 2023, the company's net profit margin improved to 9.09% from negative values in 2022 and 2021. This indicates that for every dollar of revenue generated in 2023, Vistra Corp retained approximately 9.09 cents as profit after accounting for all expenses.
The negative net profit margins in 2022 and 2021 indicate that the company's expenses exceeded its revenues during those years, resulting in net losses. The substantial improvement in 2023 suggests that Vistra Corp implemented strategies to control costs and enhance revenue generation, leading to a positive bottom line.
In comparison, the net profit margin was higher in 2019 and 2020, indicating stronger profitability during those years. It is essential for Vistra Corp to sustain and build upon the positive trend observed in 2023 to strengthen its financial performance in the future.
Peer comparison
Dec 31, 2023