FCF Payout Ratio: 43.73%
Is the FCF payout ratio high or low?
The FCF payout ratio of 43.73% is 55% above its 4-year average of 28.26%, around the middle of its 4-year range (12.26%–77.81%).
8.00% above its 12-month average of 40.49%.
VST FCF Payout Ratio
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
VST Average FCF Payout Ratio Chart
VST Current vs Average FCF Payout Ratio Chart
VST FCF Payout Ratio Metrics
FCF PAYOUT RATIO
43.73%
FCF PAYOUT RATIO AVG TTM
40.49%
FCF PAYOUT RATIO AVG 3Y
23.10%
FCF PAYOUT RATIO AVG 5Y
24.13%
FCF PAYOUT RATIO AVG 10Y
N/A
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+8.00%
CURRENT VS 3Y AVG
+89.36%
CURRENT VS 5Y AVG
+81.21%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Payout Ratio Comparison
FCF Payout Ratio TTM
43.7%
Earnings Payout Ratio
41.2%
Dividend Yield
0.56%
FCF Yield
2.03%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $129.00M | $498.00M | 386.0% |
| 2024 | $2.48B | $478.00M | 19.2% |
| 2023 | $3.78B | $463.00M | 12.3% |
| 2022 | ($816.00M) | $453.00M | N/A (Loss) |
| 2021 | ($1.24B) | $290.00M | N/A (Loss) |
| 2020 | $2.08B | $266.00M | 12.8% |
| 2019 | $2.13B | $243.00M | 11.4% |
| 2018 | $975.00M | $0 | 0.0% |
| 2017 | $855.00M | $1.50B | 176.0% |
| 2016 | ($509.00M) | $992.00M | N/A (Loss) |
| 2015 | ($223.00M) | $0 | N/A (Loss) |
| 2014 | $31.00M | $0 | 0.0% |
| 2013 | ($858.00M) | $0 | N/A (Loss) |
| 2012 | ($1.08B) | $0 | N/A (Loss) |
Formula: FCF Payout Ratio TTM = trailing 4Q dividends paid / trailing 4Q free cash flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures trailing dividends paid as a percentage of trailing free cash flow. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
FCF Payout Ratio FAQ
- What is the FCF payout ratio for Vistra Corp. (VST)?
- The FCF payout ratio for VST stock is 43.73%.
- Is Vistra Corp.'s FCF payout ratio high or low?
- The FCF payout ratio of 43.73% is 55% above its 4-year average of 28.26%, around the middle of its 4-year range (12.26%–77.81%).
- What is the TTM average FCF payout ratio for Vistra Corp. (VST)?
- The TTM average FCF payout ratio for VST stock is 40.49%.
- What is the 3Y average FCF payout ratio for Vistra Corp. (VST)?
- The 3Y average FCF payout ratio for VST stock is 23.10%.
- What is the 5Y average FCF payout ratio for Vistra Corp. (VST)?
- The 5Y average FCF payout ratio for VST stock is 24.13%.
VST FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2026-03-31 | 43.73% |
| 2025-12-31 | 77.81% |
| 2025-09-30 | 30.15% |
| 2025-06-30 | 30.31% |
| 2025-03-31 | 20.45% |
| 2024-12-31 | 20.31% |
| 2024-09-30 | 25.71% |
| 2024-06-30 | 21.85% |
| 2024-03-31 | 18.21% |
| 2023-12-31 | 12.26% |
| 2023-09-30 | 13.68% |
| 2023-06-30 | 17.38% |
| 2022-03-31 | 35.56% |
| 2020-12-31 | 12.80% |
| 2020-09-30 | 11.83% |
| 2020-06-30 | 11.42% |
| 2020-03-31 | 11.48% |
| 2019-12-31 | 11.42% |
| 2019-09-30 | 9.90% |
| 2019-06-30 | 6.67% |
| 2019-03-31 | 4.68% |
| 2017-09-30 | 291.76% |
| 2017-06-30 | 905.94% |
About Vistra Corp.
Vistra Corp., along with its various holdings, functions as a unified entity primarily engaged in retail electricity supply and power generation. The company organizes its operations across six distinct segments: Retail, Texas, East, West, Sunset, and Asset Closure. It directly provides electricity and natural gas to residential, commercial, and industrial clients throughout 20 U.S. states and the District of Columbia. Beyond its retail endeavors, Vistra also participates in generating electricity, facilitating wholesale energy transactions, managing commodity-related risks, producing fuel, and overseeing fuel logistics. With approximately 4.3 million customers, Vistra commands an impressive generation capacity of about 38,700 megawatts. This capacity is sustained by a diverse portfolio of facilities, including those powered by natural gas, nuclear energy, coal, solar, and advanced battery energy storage systems. The enterprise, initially known as Vistra Energy Corp., adopted its current name, Vistra Corp., in July 2020. Tracing its origins back to 1882, Vistra Corp. maintains its corporate headquarters in Irving, Texas.
- Sector
- Utilities
- Industry
- Independent Power Producers
- CEO
- James A. Burke