Vista Energy SAB de CV Financials

VSOGF

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2024 Currency USD FYE December

This page shows Vista Energy SAB de CV (VSOGF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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).

Rhea AI VSOGF FY2024 2026-04-22

Vista Energy's cash-generating core is being eclipsed by surging reinvestment, making free cash flow increasingly a capex decision.

FY2024's negative free cash flow of -$93.5M does not signal weak cash generation, because operating cash flow still reached $959.0M. The shortfall came from capex rising to $1.05B after already consuming almost all of FY2023 operating cash, leaving only $23.6M of free cash flow that year.

Even with net margin easing to 29.0%, operating cash flow still exceeded net income, which points to earnings that are being converted into cash rather than trapped in working capital. That matters because returns stayed high even as assets expanded, so the business did not need to sacrifice cash quality to support a much larger operating base.

The balance sheet looks lightly debt-funded despite total liabilities of $2.61B, because interest expense was just $3.1M. With the current ratio near 1.0x and cash at $764.3M, liquidity appears tightly managed rather than loose, but not obviously reliant on heavy borrowing.

Financial Health Signals

Financial Profile 48/100

Based on FY2024 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Vista Energy SAB de CV'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.

Growth

Vista Energy SAB de CV's revenue surged 41.0% year-over-year to $1.6B, reflecting rapid business expansion. This strong growth earns a score of 63/100.

Leverage

100

Vista Energy SAB de CV carries a low D/E ratio of 0.02, meaning only $0.02 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Vista Energy SAB de CV's current ratio of 0.99 is below the typical benchmark, resulting in a score of 15/100. However, the company holds substantial cash reserves (72% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.

Cash Flow

While Vista Energy SAB de CV generated $959.0M in operating cash flow, capex of $1.1B consumed most of it, leaving -$93.5M in free cash flow. This results in a low score of 28/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Vista Energy SAB de CV earns a strong 29.4% 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 79/100. This is down from 31.8% the prior year.

Piotroski F-Score Neutral

4/9

Vista Energy SAB de CV passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

2.01x

For every $1 of reported earnings, Vista Energy SAB de CV generates $2.01 in operating cash flow ($959.0M OCF vs $477.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$1.6B

YoY+41.0%

5Y CAGR+31.7%

Vista Energy SAB de CV generated $1.6B in revenue in fiscal year 2024. This represents an increase of 41.0% from the prior year.

EBITDA

N/A

Net Income

$477.5M

YoY+20.3%

Vista Energy SAB de CV reported $477.5M in net income in fiscal year 2024. This represents an increase of 20.3% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

-$93.5M

YoY-496.3%

Vista Energy SAB de CV generated -$93.5M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 496.3% from the prior year.

Cash & Debt

$764.3M

YoY+258.4%

5Y CAGR+24.1%

Vista Energy SAB de CV held $764.3M in cash against $37.6M in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

29.0%

YoY-5.0pp

5Y CAGR+36.9pp

Vista Energy SAB de CV's net profit margin was 29.0% in fiscal year 2024, showing the share of revenue converted to profit. This is down 5.0 percentage points from the prior year.

Return on Equity

29.4%

YoY-2.4pp

5Y CAGR+34.9pp

Vista Energy SAB de CV's ROE was 29.4% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 2.4 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$1.1B

YoY+52.9%

5Y CAGR+34.4%

Vista Energy SAB de CV invested $1.1B in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 52.9% from the prior year.

VSOGF Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$1.6B+41.0%	$1.2B-1.6%	$1.2B+78.5%	$665.3M+142.9%	$273.9M-34.1%	$416.0M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$3.1M+6.9%	$2.9M+50.3%	$1.9M+78.4%	$1.1M-34.2%	$1.6M+5.1%	$1.6M
Income Tax	$113.3M-23.7%	$148.4M-9.5%	$164.0M+60.6%	$102.1M+1109.7%	-$10.1M-162.3%	$16.2M
Net Income	$477.5M+20.3%	$397.0M+47.3%	$269.5M+432.2%	$50.6M+149.3%	-$102.7M-214.0%	-$32.7M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18	Q2'18
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$44.5M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$943K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$8.0M
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$6.6M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

VSOGF Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$4.2B+62.9%	$2.6B+27.5%	$2.0B+21.0%	$1.7B+22.7%	$1.4B-0.9%	$1.4B
Current Assets	$1.1B+147.1%	$425.9M+22.5%	$347.7M-7.3%	$375.1M+40.0%	$267.8M-28.1%	$372.6M
Cash & Equivalents	$764.3M+258.4%	$213.3M-12.7%	$244.4M-22.4%	$315.0M+55.2%	$202.9M-22.0%	$260.0M
Inventory	$6.5M-14.3%	$7.5M-41.5%	$12.9M-7.6%	$14.0M+0.7%	$13.9M-27.4%	$19.1M
Accounts Receivable	$281.5M+37.2%	$205.1M+126.9%	$90.4M+96.1%	$46.1M-9.6%	$51.0M-45.4%	$93.4M
Goodwill	$22.6M0.0%	$22.6M-20.2%	$28.3M-0.5%	$28.4M-0.2%	$28.5M0.0%	$28.5M
Total Liabilities	$2.6B+93.3%	$1.4B+13.2%	$1.2B+6.7%	$1.1B+29.4%	$864.1M+10.6%	$781.4M
Current Liabilities	$1.1B+194.3%	$359.4M-12.0%	$408.3M+5.9%	$385.7M+15.6%	$333.7M+72.9%	$193.0M
Long-Term Debt	$37.6M+5.7%	$35.6M+72.4%	$20.6M+6.4%	$19.4M+10.9%	$17.5M+86.7%	$9.4M
Total Equity	$1.6B+30.0%	$1.2B+47.7%	$844.1M+49.3%	$565.3M+11.2%	$508.5M-15.8%	$603.7M
Retained Earnings	$1.0B+78.3%	$571.4M+172.2%	$209.9M+546.0%	-$47.1M+72.4%	-$170.4M-151.8%	-$67.7M

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18	Q2'18
Total Assets	$4.2B+62.9%	$2.6B+27.5%	$2.0B+21.0%	$1.7B+22.7%	$1.4B-0.9%	$1.4B+27.5%	$1.1B	N/A
Current Assets	$1.1B+147.1%	$425.9M+22.5%	$347.7M-7.3%	$375.1M+40.0%	$267.8M-28.1%	$372.6M+101.2%	$185.1M	N/A
Cash & Equivalents	$764.3M+258.4%	$213.3M-12.7%	$244.4M-22.4%	$315.0M+55.2%	$202.9M-22.0%	$260.0M+221.4%	$80.9M+11458.3%	$700K
Inventory	$6.5M-14.3%	$7.5M-41.5%	$12.9M-7.6%	$14.0M+0.7%	$13.9M-27.4%	$19.1M+5.1%	$18.2M	N/A
Accounts Receivable	$281.5M+37.2%	$205.1M+126.9%	$90.4M+96.1%	$46.1M-9.6%	$51.0M-45.4%	$93.4M+8.6%	$86.0M	N/A
Goodwill	$22.6M0.0%	$22.6M-20.2%	$28.3M-0.5%	$28.4M-0.2%	$28.5M0.0%	$28.5M0.0%	$28.5M	N/A
Total Liabilities	$2.6B+93.3%	$1.4B+13.2%	$1.2B+6.7%	$1.1B+29.4%	$864.1M+10.6%	$781.4M+28.8%	$606.5M	N/A
Current Liabilities	$1.1B+194.3%	$359.4M-12.0%	$408.3M+5.9%	$385.7M+15.6%	$333.7M+72.9%	$193.0M+43.9%	$134.1M	N/A
Long-Term Debt	$37.6M+5.7%	$35.6M+72.4%	$20.6M+6.4%	$19.4M+10.9%	$17.5M+86.7%	$9.4M-96.9%	$304.8M	N/A
Total Equity	$1.6B+30.0%	$1.2B+47.7%	$844.1M+49.3%	$565.3M+11.2%	$508.5M-15.8%	$603.7M+25.9%	$479.7M+75.3%	$273.6M
Retained Earnings	$1.0B+78.3%	$571.4M+172.2%	$209.9M+546.0%	-$47.1M+72.4%	-$170.4M-151.8%	-$67.7M-93.6%	-$34.9M	N/A

VSOGF Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$959.0M+34.7%	$712.0M+3.2%	$689.8M+71.8%	$401.4M+328.0%	$93.8M-30.2%	$134.3M
Capital Expenditures	$1.1B+52.9%	$688.4M+43.7%	$479.0M+49.1%	$321.3M+109.6%	$153.3M-36.2%	$240.3M
Free Cash Flow	-$93.5M-496.3%	$23.6M-88.8%	$210.7M+163.1%	$80.1M+234.7%	-$59.5M+43.9%	-$106.1M
Investing Cash Flow	-$1.1B-50.4%	-$699.3M-20.0%	-$582.7M-97.2%	-$295.5M-89.3%	-$156.1M+33.6%	-$235.0M
Financing Cash Flow	$641.2M+3178.8%	$19.6M+113.7%	-$143.2M-2294.7%	$6.5M-78.9%	$30.9M-88.4%	$266.3M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18	Q2'18
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$22.3M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$12.5M
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$9.8M
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$8.9M
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

VSOGF Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	29.0%-5.0pp	34.0%+11.3pp	22.7%+15.1pp	7.6%+45.1pp	-37.5%-29.6pp	-7.9%
Return on Equity	29.4%-2.4pp	31.8%-0.1pp	31.9%+23.0pp	9.0%+29.2pp	-20.2%-14.8pp	-5.4%
Return on Assets	11.3%-4.0pp	15.3%+2.0pp	13.2%+10.2pp	3.0%+10.5pp	-7.5%-5.1pp	-2.4%
Current Ratio	0.99-0.2	1.19+0.3	0.85-0.1	0.97+0.2	0.80-1.1	1.93
Debt-to-Equity	0.020.0	0.030.0	0.020.0	0.030.0	0.03+0.0	0.02
FCF Margin	-5.7%-7.7pp	2.0%-15.7pp	17.7%+5.7pp	12.0%+33.8pp	-21.7%+3.8pp	-25.5%

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18	Q2'18
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-14.9%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-2.4%
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	0.99-0.2	1.19+0.3	0.85-0.1	0.97+0.2	0.80-1.1	1.93+0.5	1.38	N/A
Debt-to-Equity	0.020.0	0.030.0	0.020.0	0.030.0	0.03+0.0	0.02-0.6	0.64	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	22.1%

Note: The current ratio is below 1.0 (0.99), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

What is Vista Energy SAB de CV's annual revenue?

Vista Energy SAB de CV (VSOGF) reported $1.6B in total revenue for fiscal year 2024. This represents a 41.0% 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 SAB de CV's revenue growing?

Vista Energy SAB de CV (VSOGF) revenue grew by 41% year-over-year, from $1.2B to $1.6B in fiscal year 2024.

Is Vista Energy SAB de CV profitable?

Yes, Vista Energy SAB de CV (VSOGF) reported a net income of $477.5M in fiscal year 2024, with a net profit margin of 29.0%.

How much debt does Vista Energy SAB de CV have?

As of fiscal year 2024, Vista Energy SAB de CV (VSOGF) had $764.3M in cash and equivalents against $37.6M in long-term debt.

What is Vista Energy SAB de CV's net profit margin?

Vista Energy SAB de CV (VSOGF) had a net profit margin of 29.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Vista Energy SAB de CV's return on equity (ROE)?

Vista Energy SAB de CV (VSOGF) has a return on equity of 29.4% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Vista Energy SAB de CV's free cash flow?

Vista Energy SAB de CV (VSOGF) generated -$93.5M in free cash flow during fiscal year 2024. This represents a -496.3% change compared to the previous fiscal year. 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 SAB de CV's operating cash flow?

Vista Energy SAB de CV (VSOGF) generated $959.0M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Vista Energy SAB de CV's total assets?

Vista Energy SAB de CV (VSOGF) had $4.2B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Vista Energy SAB de CV's capital expenditures?

Vista Energy SAB de CV (VSOGF) invested $1.1B in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

What is Vista Energy SAB de CV's current ratio?

Vista Energy SAB de CV (VSOGF) had a current ratio of 0.99 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is Vista Energy SAB de CV's debt-to-equity ratio?

Vista Energy SAB de CV (VSOGF) had a debt-to-equity ratio of 0.02 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Vista Energy SAB de CV's return on assets (ROA)?

Vista Energy SAB de CV (VSOGF) had a return on assets of 11.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Vista Energy SAB de CV's Piotroski F-Score?

Vista Energy SAB de CV (VSOGF) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. 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 SAB de CV's earnings high quality?

Vista Energy SAB de CV (VSOGF) has an earnings quality ratio of 2.01x, 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 SAB de CV?

Vista Energy SAB de CV (VSOGF) scores 48 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.