Is it safe?
Can VST take a bad year?
Vistra Corp. carries $19.2B of net debt at 3.54× EBITDA: a load its earnings can carry.
$19.2B
Net debt · as at Q2 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.54×
Net debt / EBITDA · 2.86× a year ago · the load is going up
- Altman Z-score
- 1.41
Altman Z-score · distress zone, below 1.8
- Interest cover
- 3.15×
Interest cover · operating profit covers the interest bill, with room to spare
Details›
- Total debtQ2 2026
- $19.6B
- Cash and short-term investments
- $435M
- Net debt
- $19.2B
- EBITDA, trailing twelve months
- $5.42B
- Operating profit, trailing twelve months
- $3.56B
- Debt / equity
- 3.57×
- Total debt / EBITDA
- 3.62×
- Annualised volatilitytwo years of daily moves
- 61%
- Worst drawdown on file
- −53%
- Below its 52-week high
- −35%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Utilities - Independent Power Producers
Ranks #3 of 6 by Smart Score