Vistra (VST) FY2022 results: revenue $13.7 billion, up 13.7% on the year
Vistra Corp. (VST) reported revenue of $13.7 billion for fiscal 2022, the year ended 31 December 2022, up 13.7% on the year before. Net income was -$1.2 billion, and diluted earnings per share $-3.26. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2023.
Revenue
$13.7 billion
+13.7% on the year
FY2017FY2022
Operating margin
-8.6%
-12.5% a year earlier
FY2017FY2022
Net income
-$1.2 billion
FY2017FY2022
Diluted EPS
-$3.26
FY2017FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
485
-206
3,337
Capital expenditure
1,301
1,033
1,259
+25.9%
Free cash flow
-816
-1,239
2,078
Free cash flow margin
-5.9%
-10.3%
18.2%
Cash from investing
-1,239
-1,153
-1,572
Cash from financing
-80.0
2,274
-1,796
Depreciation and amortisation
1,596
1,753
1,737
-9.0%
Share-based compensation
63.0
47.0
65.0
+34.0%
Buybacks
1,949
471
0.0
+313.8%
Dividends paid
302
290
266
+4.1%
Dividend per share
$0.72
n/a
n/a
Diluted shares, weighted
422m
482m
491m
-12.4%
Shares outstanding at period end
390m
469m
489m
-16.9%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
4,902
8,291
8,371
-40.9%
Non-controlling interest
16.0
1.0
-10.0
+1,500.0%
Debt
12,621
10,731
9,330
+17.6%
Operating lease liabilities
45.0
38.0
40.0
+18.4%
Finance lease liabilities
237
235
206
+0.9%
Other liabilities
14,966
10,387
7,271
+44.1%
Total liabilities and equity
32,787
29,683
25,208
+10.5%
Fixed assets
12,554
13,056
13,499
-3.8%
Goodwill
2,583
2,583
2,583
0.0%
Intangible assets
1,958
2,146
2,446
-8.8%
Investments
1,729
2,049
1,759
-15.6%
Cash and equivalents
455
1,325
406
-65.7%
Receivables
2,059
1,397
1,279
+47.4%
Inventory
570
610
515
-6.6%
Other assets
10,879
6,517
2,721
+66.9%
Total assets
32,787
29,683
25,208
+10.5%
10-K for the year ended 31 December 2022, filed 1 March 2023: the filing.