Vista Energy S.A.B. de C.V. (VIST) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 23, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 28, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the VIST SEC filings page.
Vista Energy S.A.B. de C.V. (VIST) reported $2.5B in revenue for fiscal year 2025, up 50.2% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Vista is scaling revenue and profit, but its capital-intensive expansion is absorbing cash and leaning on external financing.
Net income rose to$719M from$478M in FY2024, strengthening reported profitability. Operating cash flow then fell to$796M from$959M ; because cash generation still exceeded net income, profits were not wholly non-cash, but the divergence signals weaker conversion while reinvestment intensified.
Net margin stayed near
The 0.9x current ratio means current liabilities exceeded current assets, indicating tight short-term coverage. Long-term debt was only
Financial Health Signals
Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Vista Energy S.A.B. de C.V.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Vista Energy S.A.B. de C.V.'s revenue surged 50.2% year-over-year to $2.5B, reflecting rapid business expansion. This strong growth earns a score of 95/100.
Vista Energy S.A.B. de C.V. carries a low D/E ratio of 0.04, meaning only $0.04 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 88/100, indicating a strong balance sheet with room for future borrowing.
Vista Energy S.A.B. de C.V.'s current ratio of 0.86 is below the typical benchmark, resulting in a score of 25/100. However, the company holds substantial cash reserves (52% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.
While Vista Energy S.A.B. de C.V. generated $796.2M in operating cash flow, capex of $1.5B consumed most of it, leaving -$659.2M in free cash flow. This results in a low score of 15/100, reflecting heavy capital investment rather than weak cash generation.
Vista Energy S.A.B. de C.V. earns a strong 28.6% return on equity (ROE), meaning it generates $29 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 91/100. This is down from 29.4% the prior year.
Vista Energy S.A.B. de C.V. passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) does not pass.
For every $1 of reported earnings, Vista Energy S.A.B. de C.V. generates $1.11 in operating cash flow ($796.2M OCF vs $719.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Vista Energy S.A.B. de C.V. generated $2.5B in revenue in fiscal year 2025. This represents an increase of 50.2% from the prior year.
Vista Energy S.A.B. de C.V. reported $719.1M in net income in fiscal year 2025. This represents an increase of 50.6% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Vista Energy S.A.B. de C.V. recorded an outflow of $659.2M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. The change from the prior year is not meaningful, because that figure was zero or negative.
Vista Energy S.A.B. de C.V. held $538.4M in cash against $88.5M in long-term debt as of fiscal year 2025, with $1.0B of liabilities due within a year.
Not reported for fiscal year 2025.
Margins & Returns
Vista Energy S.A.B. de C.V.'s net profit margin was 29.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.1 percentage points from the prior year.
Vista Energy S.A.B. de C.V.'s ROE was 28.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.8 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Vista Energy S.A.B. de C.V. invested $1.5B in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 38.3% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
VIST Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1720-F |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.5B+50.2% | $1.6B+41.0% | $1.2B-1.6% | $1.2B+78.5% | $665.3M+142.9% | $273.9M-34.1% | $416.0M | $198.1M |
| Gross Profit | N/A | $817.7M+38.3% | $591.2M-6.2% | $630.2M+136.4% | $266.6M+10857.9% | $2.4M-97.2% | $87.8M | $23.7M |
| Operating Income | N/A | $625.4M-1.0% | $631.5M+19.3% | $529.1M+151.3% | $210.6Mn/m | -$70.0M-578.9% | $14.6M | $20.6M |
| EBITDA | N/A | $1.1B+17.0% | $903.9M+18.8% | $760.9M+91.0% | $398.4M+430.5% | $75.1M-54.8% | $166.1M | $83.1M |
| Interest Expense | $3.3M-94.7% | $62.5M+185.7% | $21.9M-24.3% | $28.9M-43.0% | $50.7M+5.7% | $47.9M+40.3% | $34.2M | $18K |
| Income Tax | $285.6M+152.1% | $113.3M-23.7% | $148.4M-9.5% | $164.0M+60.6% | $102.1Mn/m | -$10.1M-162.3% | $16.2M | $6.4M |
| Net Income | $719.1M+50.6% | $477.5M+20.3% | $397.0M+47.3% | $269.5M+432.2% | $50.6Mn/m | -$102.7Mn/m | -$32.7M | $13.9M |
| EPS (Basic) | N/A | $4.98+17.5% | $4.24+38.1% | $3.07+434.5% | $0.57n/m | -$1.18n/m | -$0.41 | N/A |
| EPS (Diluted) | N/A | $4.63+15.8% | $4.00+45.2% | $2.75+407.4% | $0.54n/m | -$1.18n/m | -$0.41 | N/A |
| Diluted Shares (Avg) | 107M+4.0% | 103M+3.9% | 99M+1.4% | 98M+4.9% | 93M+6.6% | 87M+9.2% | 80M | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, R&D Expenses, SG&A Expenses.
No annual filing on record for: FY2018.
VIST Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1720-F |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $7.1B+68.1% | $4.2B+62.9% | $2.6B+27.5% | $2.0B+21.0% | $1.7B+22.7% | $1.4B-0.9% | $1.4B | $361.9M |
| Current Assets | $895.5M-14.9% | $1.1B+147.1% | $425.9M+22.5% | $347.7M-7.3% | $375.1M+40.0% | $267.8M-28.1% | $372.6M | $101.3M |
| Cash & Equivalents | $538.4M-29.6% | $764.3M+258.4% | $213.3M-12.7% | $244.4M-22.4% | $315.0M+55.2% | $202.9M-22.0% | $260.0M | $36.8M |
| Inventory | $9.5M+46.2% | $6.5M-14.3% | $7.5M-41.5% | $12.9M-7.6% | $14.0M+0.7% | $13.9M-27.4% | $19.1M | $8.2M |
| Accounts Receivable | $347.7M+23.5% | $281.5M+37.2% | $205.1M+126.9% | $90.4M+96.1% | $46.1M-9.6% | $51.0M-45.4% | $93.4M | $56.3M |
| Goodwill | $22.6M0.0% | $22.6M0.0% | $22.6M-20.2% | $28.3M-0.5% | $28.4M-0.2% | $28.5M0.0% | $28.5M | $0 |
| Total Liabilities | $4.6B+76.2% | $2.6B+93.3% | $1.4B+13.2% | $1.2B+6.7% | $1.1B+29.4% | $864.1M+10.6% | $781.4M | $81.6M |
| Current Liabilities | $1.0B-2.0% | $1.1B+194.3% | $359.4M-12.0% | $408.3M+5.9% | $385.7M+15.6% | $333.7M+72.9% | $193.0M | $32.1M |
| Non-Current Liabilities | $3.6B+129.5% | $1.6B+56.7% | $991.6M+26.2% | $785.6M+7.2% | $732.8M+38.2% | $530.4M-9.9% | $588.4M | $49.4M |
| Long-Term Debt | $88.5M-93.7% | $1.4B+152.8% | $554.8M+16.2% | $477.6M+6.7% | $447.8M+28.1% | $349.6M-10.2% | $389.1M | N/A |
| Total Equity | $2.5B+54.9% | $1.6B+30.0% | $1.2B+47.7% | $844.1M+49.3% | $565.3M+11.2% | $508.5M-15.8% | $603.7M | $280.3M |
| Retained Earnings | $1.8B+81.0% | $1.0B+78.3% | $571.4M+172.2% | $209.9Mn/m | -$47.1Mn/m | -$170.4Mn/m | -$67.7M | -$148.7M |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments.
No annual filing on record for: FY2018.
VIST Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1720-F |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $796.2M-17.0% | $959.0M+34.7% | $712.0M+3.2% | $689.8M+71.8% | $401.4M+328.0% | $93.8M-30.2% | $134.3M | $45.9M |
| Depreciation & Amortization | $730.2M+69.1% | $431.8M+58.5% | $272.4M+17.5% | $231.7M+23.4% | $187.9M+29.5% | $145.1M-4.2% | $151.5M | $62.5M |
| Capital Expenditures | $1.5B+38.3% | $1.1B+52.9% | $688.4M+43.7% | $479.0M+49.1% | $321.3M+109.6% | $153.3M-36.2% | $240.3M | $31.4M |
| Free Cash Flow | -$659.2Mn/m | -$93.5M-496.3% | $23.6M-88.8% | $210.7M+163.1% | $80.1Mn/m | -$59.5Mn/m | -$106.1M | $14.4M |
| Investing Cash Flow | -$2.3Bn/m | -$1.1Bn/m | -$699.3Mn/m | -$582.7Mn/m | -$295.5Mn/m | -$156.1Mn/m | -$235.0M | -$46.6M |
| Financing Cash Flow | $1.3B+107.0% | $641.2M+3178.8% | $19.6Mn/m | -$143.2M-2294.7% | $6.5M-78.9% | $30.9M-88.4% | $266.3M | -$6.7M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $6.7M |
Not reported in any period shown, so not listed: Stock-Based Compensation, Share Buybacks.
No annual filing on record for: FY2018.
VIST Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1720-F |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | 49.6%-1.0pp | 50.6%-2.5pp | 53.1%+13.0pp | 40.1%+39.2pp | 0.9%-20.2pp | 21.1% | 11.9% |
| Operating Margin | N/A | 38.0%-16.1pp | 54.0%+9.5pp | 44.5%+12.9pp | 31.6%+57.2pp | -25.6%-29.1pp | 3.5% | 10.4% |
| Net Margin | 29.1%+0.1pp | 29.0%-5.0pp | 34.0%+11.3pp | 22.7%+15.1pp | 7.6%+45.1pp | -37.5%-29.6pp | -7.9% | 7.0% |
| Return on Equity | 28.6%-0.8pp | 29.4%-2.4pp | 31.8%-0.1pp | 31.9%+23.0pp | 9.0%+29.2pp | -20.2%-14.8pp | -5.4% | 5.0% |
| Return on Assets | 10.1%-1.2pp | 11.3%-4.0pp | 15.3%+2.0pp | 13.2%+10.2pp | 3.0%+10.5pp | -7.5%-5.1pp | -2.4% | 3.8% |
| Current Ratio | 0.86-0.1x | 0.99-0.2x | 1.19+0.3x | 0.85-0.1x | 0.97+0.2x | 0.80-1.1x | 1.93 | 3.15 |
| Debt-to-Equity | 0.04-0.8x | 0.86+0.4x | 0.44-0.1x | 0.57-0.2x | 0.79+0.1x | 0.690.0x | 0.64 | N/A |
| Liabilities-to-Equity | 1.83+0.2x | 1.61+0.5x | 1.08-0.3x | 1.41-0.6x | 1.98+0.3x | 1.70+0.4x | 1.29 | 0.29 |
| Asset Turnover | 0.350.0x | 0.39-0.1x | 0.45-0.1x | 0.58+0.2x | 0.40+0.2x | 0.20-0.1x | 0.30 | 0.55 |
| FCF Margin | -26.6%-21.0pp | -5.7%-7.7pp | 2.0%-15.7pp | 17.7%+5.7pp | 12.0%+33.8pp | -21.7%+3.8pp | -25.5% | 7.3% |
No annual filing on record for: FY2018.
Note: The current ratio is below 1.0 (0.86), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Vista Energy S.A.B. de C.V. VIST | FY2025 | $2.5B | $719.1M | 29.1% | $8.3B | 67/100 |
| Murphy Oil Corp. MUR | FY2025 | $2.7B | $104.2M | 3.8% | $6.4B | 37/100 |
| Comstock Resources, Inc. CRK | FY2025 | $2.2B | $395.6M | 17.8% | $4.1B | 34/100 |
| Magnolia Oil & Gas Corporation MGY | FY2025 | $1.3B | $325.3M | 24.8% | $7.2B | 74/100 |
| California Resources Corporation CRC | FY2025 | $3.7B | $363.0M | 9.9% | $4.8B | 60/100 |
| Gulfport Energy Corporation GPOR | FY2025 | $1.4B | $427.8M | 30.1% | $2.9B | 42/100 |
Where Vista Energy S.A.B. de C.V. Ranks
Frequently Asked Questions
What is Vista Energy S.A.B. de C.V.'s annual revenue?
Vista Energy S.A.B. de C.V. (VIST) reported $2.5B in total revenue for fiscal year 2025. This represents a 50.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Vista Energy S.A.B. de C.V.'s revenue growing?
Vista Energy S.A.B. de C.V. (VIST) revenue grew by 50.2% year-over-year, from $1.6B to $2.5B in fiscal year 2025.
Is Vista Energy S.A.B. de C.V. profitable?
Yes, Vista Energy S.A.B. de C.V. (VIST) reported a net income of $719.1M in fiscal year 2025, with a net profit margin of 29.1%.
How much debt does Vista Energy S.A.B. de C.V. have?
As of fiscal year 2025, Vista Energy S.A.B. de C.V. (VIST) had $538.4M in cash and equivalents against $88.5M in long-term debt.
What is Vista Energy S.A.B. de C.V.'s net profit margin?
Vista Energy S.A.B. de C.V. (VIST) had a net profit margin of 29.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Vista Energy S.A.B. de C.V.'s return on equity (ROE)?
Vista Energy S.A.B. de C.V. (VIST) has a return on equity of 28.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Vista Energy S.A.B. de C.V.'s free cash flow?
Vista Energy S.A.B. de C.V. (VIST) recorded an outflow of $659.2M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Vista Energy S.A.B. de C.V.'s operating cash flow?
Vista Energy S.A.B. de C.V. (VIST) generated $796.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Vista Energy S.A.B. de C.V.'s total assets?
Vista Energy S.A.B. de C.V. (VIST) had $7.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Vista Energy S.A.B. de C.V.'s capital expenditures?
Vista Energy S.A.B. de C.V. (VIST) invested $1.5B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Vista Energy S.A.B. de C.V.'s current ratio?
Vista Energy S.A.B. de C.V. (VIST) had a current ratio of 0.86 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Vista Energy S.A.B. de C.V.'s debt-to-equity ratio?
Vista Energy S.A.B. de C.V. (VIST) had a debt-to-equity ratio of 0.04 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Vista Energy S.A.B. de C.V.'s liabilities-to-equity ratio?
Vista Energy S.A.B. de C.V. (VIST) had a liabilities-to-equity ratio of 1.83 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is Vista Energy S.A.B. de C.V.'s return on assets (ROA)?
Vista Energy S.A.B. de C.V. (VIST) had a return on assets of 10.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Vista Energy S.A.B. de C.V.'s P/E ratio?
Vista Energy S.A.B. de C.V. (VIST) trades at 11.5x earnings, its market capitalization divided by $719.1M net income, FY2025. The market capitalization is $8.3B as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Vista Energy S.A.B. de C.V.'s price-to-sales ratio?
Vista Energy S.A.B. de C.V. (VIST) trades at 3.3x sales, its market capitalization divided by $2.5B revenue, FY2025. The market capitalization is $8.3B as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Vista Energy S.A.B. de C.V.'s Piotroski F-Score?
Vista Energy S.A.B. de C.V. (VIST) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Vista Energy S.A.B. de C.V.'s earnings high quality?
Vista Energy S.A.B. de C.V. (VIST) has an earnings quality ratio of 1.11x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Vista Energy S.A.B. de C.V.?
Vista Energy S.A.B. de C.V. (VIST) scores 67 out of 100 on our Financial Health Score, indicating strong standing within its energy companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.