Vistra Energy Corp (VST)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 4,081,000 | 3,584,000 | 1,830,000 | 1,613,000 | 2,658,000 | 2,453,000 | 2,513,000 | 239,000 | -1,274,000 | -285,000 | -1,060,000 | 685,000 | -1,516,000 | -2,326,000 | -1,769,000 | -1,454,000 | 1,520,000 | 1,778,000 | 1,542,000 | 1,894,000 |
| Total assets | US$ in thousands | 37,770,000 | 37,878,000 | 39,125,000 | 38,178,000 | 32,966,000 | 31,945,000 | 30,472,000 | 31,117,000 | 32,787,000 | 35,175,000 | 37,468,000 | 32,833,000 | 29,683,000 | 29,932,000 | 27,015,000 | 25,886,000 | 25,208,000 | 25,499,000 | 26,307,000 | 26,669,000 |
| Operating ROA | 10.80% | 9.46% | 4.68% | 4.22% | 8.06% | 7.68% | 8.25% | 0.77% | -3.89% | -0.81% | -2.83% | 2.09% | -5.11% | -7.77% | -6.55% | -5.62% | 6.03% | 6.97% | 5.86% | 7.10% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $4,081,000K ÷ $37,770,000K
= 10.80%
Vistra Energy Corp's operating return on assets (operating ROA) has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The operating ROA started at 7.10% in March 2020, decreased to 5.86% in June 2020, and then increased to 6.97% by September 2020. However, there was a decrease to 6.03% by the end of December 2020.
The performance deteriorated significantly in the following quarters, with negative operating ROA figures reported from March 2021 to September 2022. The lowest point was seen in September 2021, with an operating ROA of -7.77%. Subsequently, there was a gradual improvement in operating ROA, reaching 10.80% by December 31, 2024.
Overall, Vistra Energy Corp's operating ROA has been volatile, reflecting fluctuations in the efficiency of utilizing assets to generate operating profits. The positive trend observed in the later quarters indicates a potential turnaround in the company's operational performance and efficiency in utilizing its assets.
Peer comparison
Dec 31, 2024