Vistra Energy Corp (VST)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 3,467,000 | 2,000,000 | -1,560,000 | -1,722,000 | 890,000 |
| Revenue | US$ in thousands | 17,224,000 | 14,779,000 | 13,728,000 | 12,077,000 | 11,443,000 |
| Pretax margin | 20.13% | 13.53% | -11.36% | -14.26% | 7.78% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $3,467,000K ÷ $17,224,000K
= 20.13%
The pretax margin for Vistra Energy Corp has shown fluctuating trends over the years based on the provided data.
As of December 31, 2020, the pretax margin stood at 7.78%, indicating that the company was generating a profit before taxes equivalent to 7.78% of its total revenue.
However, the pretax margin took a negative turn in the following years, standing at -14.26% as of December 31, 2021, and further declining to -11.36% as of December 31, 2022. These negative pretax margins suggest that the company's expenses and losses were surpassing its operating profits, impacting its overall financial performance.
The trend reversed positively in the subsequent years, with the pretax margin bouncing back to 13.53% as of December 31, 2023, and significantly improving to 20.13% as of December 31, 2024. These positive pretax margins indicate that the company was able to generate higher profits before taxes relative to its revenue during these periods.
The significant fluctuation in the pretax margin over the years reflects the varying financial performance and efficiency of Vistra Energy Corp in managing its operational costs and generating profits before accounting for tax obligations.
Peer comparison
Dec 31, 2024