Vistra Energy Corp (VST)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 4,326,000 | 2,617,000 | -707,000 | -1,194,000 | 1,186,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 5,583,000 | 5,307,000 | 4,902,000 | 8,291,000 | 8,371,000 |
| Return on total capital | 77.49% | 49.31% | -14.42% | -14.40% | 14.17% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $4,326,000K ÷ ($—K + $5,583,000K)
= 77.49%
Vistra Energy Corp's return on total capital has experienced significant fluctuations over the years, as reflected in the data provided. As of December 31, 2020, the return on total capital stood at 14.17%, indicating a positive performance. However, the following two years, December 31, 2021 and December 31, 2022, showed negative returns of -14.40% and -14.42%, respectively, suggesting a period of underperformance or potential financial challenges.
The trend reversed dramatically by December 31, 2023, when the return on total capital surged to 49.31%, showcasing a remarkable improvement in profitability and capital utilization. This positive momentum continued into December 31, 2024, where the return on total capital spiked to 77.49%, signaling a significant enhancement in operational efficiency and effectiveness in deploying capital.
Overall, the data reveals a volatile performance in Vistra Energy Corp's return on total capital, with fluctuations ranging from negative figures to substantial positive growth. It is essential to further investigate the underlying factors driving these fluctuations to assess the company's financial health and sustainability.
Peer comparison
Dec 31, 2024