---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-037636"
form_type: "8-K"
ticker: "VST"
cik: "0001692819"
company_name: "Vistra Corp."
filed_at: "2025-02-27T23:59:59+00:00"
generated_at: "2026-05-26T02:13:01.285841+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Vistra reports FY2024 Net Income $2.81B, Adj EBITDA $5.66B; reaffirms 2025 guidance

## Summary
- GAAP FY2024 Net Income $2,812M ($2.8B), Cash from Ops $4,563M; Adj EBITDA $5,656M exceeded original guidance midpoint by $856M.
- Q4 2024 Net Income $490M vs loss of $184M in Q4 2023; Full-year Net Income $2,812M vs $1,492M.
- Reaffirmed 2025 guidance: Ongoing Ops Adj EBITDA $5.5B-$6.1B, Adj FCFbG $3.0B-$3.6B; expects 2026 midpoint >$6B.
- Closed Vistra Vision minority interest repurchase on Dec 31, 2024, now sole owner of carbon-free assets including ~970 MW nuclear and ~200 MW solar/storage.
- Since Nov 2021, repurchased ~$4.9B in shares, reducing shares outstanding by ~30% to 338.9M; ~$1.9B authorization remaining.

## SEC filing metadata
- accession: 0001193125-25-037636
- form_type: 8-K
- ticker: VST
- cik: 0001692819
- company_name: Vistra Corp.
- filed_at: 2025-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692819/000119312525037636/0001193125-25-037636-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692819/000119312525037636/d126557d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-037636
- JSON: https://secwatch.observer/filing/0001193125-25-037636.json
- Plain text: https://secwatch.observer/filing/0001193125-25-037636.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.