Vistra Corp. balance sheet

At the end of fiscal 2025, Vistra Corp. had total assets of $41.55bn, total liabilities of $36.44bn and shareholders' equity of $5.10bn. It held $785m in cash against $18.84bn of debt: net debt of $18.06bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Vistra Corp.: balance sheet, annual
Fiscal year	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	1.5	0.6	0.3	0.4	1.3	0.5	3.5	1.2	0.8	0.4
Receivables	0.6	1.1	1.4	1.3	1.4	2.1	1.7	2.0	2.3	2.3
Inventory	0.3	0.4	0.5	0.5	0.6	0.6	0.7	1.0	—	—
Total current assets	2.7	3.4	4.1	3.4	7.9	11.1	11.6	8.1	9.2	10.3
Goodwill	1.9	2.1	2.6	2.6	2.6	2.6	2.6	2.8	2.8	2.8
Total assets	14.6	26.0	26.6	25.2	29.7	32.8	33.0	37.8	41.6	42.6
Accounts payable	0.5	0.9	0.9	0.9	1.5	1.6	1.1	1.5	1.6	1.5
Total current liabilities	1.4	3.6	4.6	3.0	5.8	10.3	9.8	8.4	11.8	10.6
Short-term debt	0.0	0.0	0.4	0.0	0.0	0.7	0.0	0.0	1.8	0.0
Long-term debt	4.4	10.9	10.1	9.2	10.5	11.9	14.4	16.3	17.0	19.6
Total debt	4.4	11.1	10.7	9.3	10.7	12.6	14.5	16.5	18.8	19.8
Total liabilities	8.3	18.2	18.7	16.8	21.4	27.9	27.6	32.2	36.4	37.1
Shareholders' equity	6.3	7.9	8.0	8.4	8.3	4.9	5.3	5.6	5.1	5.5
Net debt (negative = net cash)	2.9	10.4	10.4	8.9	9.4	12.2	11.0	15.3	18.1	19.3
Shares outstanding	428m	493m	488m	489m	469m	390m	351m	340m	338m	336m

US$ billions unless shown otherwise. Fiscal quarters.

Vistra Corp.: balance sheet, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Receivables	2.2	2.0	1.9	2.2	2.3	2.3	2.0	2.3
Inventory	0.9	1.0	1.0	1.0	1.0	—	—	—
Total current assets	8.5	8.1	8.4	8.5	8.4	9.2	9.0	10.3
Goodwill	2.8	2.8	2.8	2.8	2.8	2.8	2.8	2.8
Total assets	37.9	37.8	38.2	38.1	38.0	41.6	41.3	42.6
Accounts payable	1.3	1.5	1.3	1.3	1.4	1.6	1.4	1.5
Total current liabilities	7.7	8.4	9.8	9.4	8.4	11.8	10.1	10.6
Short-term debt	—	0.0	1.4	0.9	—	1.8	0.0	0.0
Long-term debt	14.7	16.3	16.3	15.8	16.0	17.0	19.2	19.6
Total debt	14.7	16.3	17.7	16.6	16.0	18.8	19.2	19.6
Total liabilities	29.2	32.2	33.4	33.3	32.8	36.4	35.7	37.1
Shareholders' equity	5.4	5.6	4.8	4.8	5.2	5.1	5.6	5.5
Non-controlling interests and other (assets − liabilities − equity)	3.2	—	—	—	—	—	—	—
Shares outstanding	341m	340m	340m	339m	339m	338m	338m	336m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Vistra Corp.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Vistra Corp.