Vistra Energy Corp (VST)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 4,326,000 | 3,754,000 | 1,995,000 | 1,901,000 | 2,749,000 | 2,730,000 | 2,949,000 | 577,000 | -707,000 | 284,000 | -614,000 | 1,041,000 | -1,125,000 | -2,131,000 | -1,488,000 | -1,196,000 | 1,399,000 | 1,727,000 | 1,203,000 | 1,418,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 5,570,000 | 5,441,000 | 5,593,000 | 5,656,000 | 5,307,000 | 5,506,000 | 5,359,000 | 5,201,000 | 4,902,000 | 5,582,000 | 5,392,000 | 7,300,000 | 8,291,000 | 6,036,000 | 6,076,000 | 6,100,000 | 8,371,000 | 8,444,000 | 8,056,000 | 7,936,000 |
| Return on total capital | 77.67% | 68.99% | 35.67% | 33.61% | 51.80% | 49.58% | 55.03% | 11.09% | -14.42% | 5.09% | -11.39% | 14.26% | -13.57% | -35.30% | -24.49% | -19.61% | 16.71% | 20.45% | 14.93% | 17.87% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $4,326,000K ÷ ($—K + $5,570,000K)
= 77.67%
The return on total capital for Vistra Energy Corp has exhibited significant fluctuations over the quarters between March 31, 2020, and December 31, 2024. The ratio ranged from a high of 77.67% in December 31, 2024, to a low of -35.30% in September 30, 2021. Overall, the return on total capital showed positive trends from the beginning of 2023 onwards, with consistent growth culminating in a high of 77.67% by the end of December 2024. This improvement suggests that the company's ability to generate profits and efficiently allocate capital improved throughout this period. However, the negative returns observed in some quarters prior to 2023 indicate potential challenges faced by the company in effectively utilizing its capital during those periods. It is important for investors and stakeholders to closely monitor the sustainability of this positive trend in return on total capital to assess the company's financial health and performance.
Peer comparison
Dec 31, 2024