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Vistra (Vistra) EBIT : $2,617 Mil (TTM As of Dec. 2023)


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What is Vistra EBIT?

Vistra's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $25 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $2,617 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vistra's annualized ROC % for the quarter that ended in Dec. 2023 was 1.77%. Vistra's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vistra's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.72%.


Vistra EBIT Historical Data

The historical data trend for Vistra's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vistra EBIT Chart

Vistra Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,780.00 1,336.00 -1,268.00 -998.00 2,617.00

Vistra Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -181.00 1,022.00 745.00 825.00 25.00

Competitive Comparison of Vistra's EBIT

For the Utilities - Independent Power Producers subindustry, Vistra's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vistra's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Vistra's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Vistra's EV-to-EBIT falls into.



Vistra EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,617 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vistra  (NYSE:VST) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Vistra's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=408 * ( 1 - -26.03% )/( (28596 + 29596)/ 2 )
=514.2024/29096
=1.77 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Vistra's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=100/( ( (12399 + max(712, 0)) + (12482 + max(616, 0)) )/ 2 )
=100/( ( 13111 + 13098 )/ 2 )
=100/13104.5
=0.76 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2017 + 685 + 4815) - (1398 + 0 + 5407)
=712

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1674 + 740 + 5732) - (1556 + 0 + 5974)
=616

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Vistra's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=2617/38959.253
=6.72 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vistra EBIT Related Terms

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Vistra (Vistra) Business Description

Traded in Other Exchanges
Address
6555 Sierra Drive, Irving, TX, USA, 75039
Vistra Energy is one of the largest power producers and retail energy providers in the U.S. Excluding the Energy Harbor acquisition, Vistra owns and operates 38 gigawatts of nuclear, coal, natural gas, and solar power generation. Its retail electricity segment serves 4.3 million customers in 20 states. Vistra's retail business serves almost one third of all Texas electricity consumers. Vistra emerged from the Energy Future Holdings bankruptcy as a stand-alone entity in 2016. It acquired Dynegy in 2018 and plans to close the Energy Harbor acquisition in 2023.
Executives
Stephanie Zapata Moore officer: See Remarks C/O VISTRA ENERGY CORP., 1601 BRYAN STREET, DALLAS TX 75201
Carrie Lee Kirby officer: See Remarks C/O VISTRA ENERGY CORP., 1601 BRYAN STREET, DALLAS TX 75201
Julie A. Lagacy director C/O RPM INTERNATIONAL INC., 2628 PEARL ROAD, P.O. BOX 777, MEDINA OH 44258
James A Burke officer: See Remarks 24 GREENWAY PLAZA, SUITE 1946, HOUSTON TX 77046
Scott B Helm director C/O VISTRA ENERGY CORP., 1601 BRYAN STREET, DALLAS TX 75201
Brookfield Asset Management Inc. 10 percent owner, other: Director by Deputization BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3
Scott A Hudson officer: SVP and President Retail C/O VISTRA ENERGY CORP., 6555 SIERRA DRIVE, IRVING TX 75039
Stacey H Dore officer: EVP & Chief Strategy Officer 1807 ROSS AVE, 4TH FLOOR, DALLAS TX 75201
Elizabeth Christine Dobry officer: VP and Controller C/O VISTRA ENERGY CORP., 6555 SIERRA DRIVE, IRVING TX 75039
Paul M Barbas director C/O DPL INC., 1065 WOODMAN DRIVE, DAYTON OH 45432
Kristopher E. Moldovan officer: EVP and CFO 6555 SIERRA DRIVE, IRVING TX 75039
Brian K Ferraioli director C/O FOSTER WHEELER LTD, PERRYVILLE CORPORATE PARK, CLINTON NJ 08809-4000
Curtis A Morgan director, officer: See Remarks 1155 PERIMETER CENTER WEST, ATLANTA GA 30338
Bam Partners Trust other: See Remarks 181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Stephen J Muscato officer: SVP & Chief Commercial Officer C/O VISTRA ENERGY CORP., 6555 SIERRA DRIVE, IRVING TX 75039