Vistra Corp.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $944.0M | $2.66B | $1.49B | $-1.23B | $-1.27B | $636.0M | $928.0M | $-54.0M |
| Depreciation & Amortization | $1.99B | $1.84B | $1.50B | $1.60B | $1.75B | $1.74B | $1.64B | $1.39B |
| Depreciation | — | $1.67B | $1.34B | $1.39B | $1.48B | $1.38B | $1.30B | $1.02B |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $113.0M | $100.0M | $77.0M | $63.0M | $47.0M | $65.0M | $47.0M | $73.0M |
| Net Cash from Operating Activities | $4.07B | $4.56B | $5.45B | $485.0M | $-206.0M | $3.34B | $2.74B | $1.47B |
| Investing Activities | ||||||||
| Capital Expenditures | $2.75B | $2.08B | $1.68B | $1.30B | $1.03B | $1.26B | $713.0M | $530.0M |
| Business Acquisitions | — | $3.07B | $0 | $0 | $0 | $0 | $374.0M | $0 |
| Net Cash from Investing Activities | $-4.40B | $-5.28B | $-2.15B | $-1.24B | $-1.15B | $-1.57B | $-1.72B | $-101.0M |
| Financing Activities | ||||||||
| Dividends Paid | $306.0M | $305.0M | $313.0M | $302.0M | $290.0M | $266.0M | $243.0M | $0 |
| Stock Repurchases | $1.03B | $1.27B | $1.25B | $1.95B | $471.0M | $0 | $656.0M | $763.0M |
| Net Cash from Financing Activities | $-74.0M | $-1.60B | $-294.0M | $-80.0M | $2.27B | $-1.80B | $-1.24B | $-2.72B |
| Net Change in Cash | $-400.0M | $-2.32B | $3.01B | $-834.0M | $915.0M | — | — | — |
| Free Cash Flow | $1.32B | $2.49B | $3.78B | $-816.0M | $-1.24B | $2.08B | $2.02B | $941.0M |