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Side-by-side financial comparison of Ameriprise Financial (AMP) and Vistra Corp. (VST). Click either name above to swap in a different company.

Ameriprise Financial is the larger business by last-quarter revenue ($4.9B vs $4.8B, roughly 1.0× Vistra Corp.). Ameriprise Financial runs the higher net margin — 18.7% vs 4.8%, a 13.9% gap on every dollar of revenue. On growth, Vistra Corp. posted the faster year-over-year revenue change (31.2% vs 9.0%). Over the past eight quarters, Vistra Corp.'s revenue compounded faster (23.3% CAGR vs 5.5%).

Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice; brokerage products and services for retail and institutional clients; discretionary and non-di...

Vistra may refer to either of two companies:Vistra, a corporate services company based in Hong Kong Vistra Corp, an energy company based in Texas

AMP vs VST — Head-to-Head

Bigger by revenue
AMP
AMP
1.0× larger
AMP
$4.9B
$4.8B
VST
Growing faster (revenue YoY)
VST
VST
+22.2% gap
VST
31.2%
9.0%
AMP
Higher net margin
AMP
AMP
13.9% more per $
AMP
18.7%
4.8%
VST
Faster 2-yr revenue CAGR
VST
VST
Annualised
VST
23.3%
5.5%
AMP

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AMP
AMP
VST
VST
Revenue
$4.9B
$4.8B
Net Profit
$915.0M
$233.0M
Gross Margin
Operating Margin
9.9%
Net Margin
18.7%
4.8%
Revenue YoY
9.0%
31.2%
Net Profit YoY
57.0%
-47.2%
EPS (diluted)
$0.55

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMP
AMP
VST
VST
Q1 26
$4.9B
Q4 25
$5.0B
$4.8B
Q3 25
$4.9B
$4.8B
Q2 25
$4.5B
$3.8B
Q1 25
$4.5B
$4.3B
Q4 24
$4.6B
$3.7B
Q3 24
$4.6B
$4.3B
Q2 24
$4.4B
$3.6B
Net Profit
AMP
AMP
VST
VST
Q1 26
$915.0M
Q4 25
$1.0B
$233.0M
Q3 25
$912.0M
$652.0M
Q2 25
$1.1B
$327.0M
Q1 25
$583.0M
$-268.0M
Q4 24
$1.1B
$441.0M
Q3 24
$511.0M
$1.9B
Q2 24
$829.0M
$365.0M
Operating Margin
AMP
AMP
VST
VST
Q1 26
Q4 25
25.6%
9.9%
Q3 25
24.0%
21.7%
Q2 25
30.1%
13.7%
Q1 25
15.3%
-2.8%
Q4 24
29.1%
16.4%
Q3 24
14.1%
59.6%
Q2 24
23.9%
22.5%
Net Margin
AMP
AMP
VST
VST
Q1 26
18.7%
Q4 25
20.0%
4.8%
Q3 25
18.6%
13.6%
Q2 25
23.6%
8.7%
Q1 25
13.0%
-6.3%
Q4 24
23.0%
12.0%
Q3 24
11.2%
43.5%
Q2 24
18.9%
10.1%
EPS (diluted)
AMP
AMP
VST
VST
Q1 26
Q4 25
$10.39
$0.55
Q3 25
$9.33
$1.75
Q2 25
$10.73
$0.81
Q1 25
$5.83
$-0.93
Q4 24
$10.57
$1.09
Q3 24
$5.00
$5.25
Q2 24
$8.02
$0.90

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMP
AMP
VST
VST
Cash + ST InvestmentsLiquidity on hand
$8.3B
$785.0M
Total DebtLower is stronger
$3.3B
$15.8B
Stockholders' EquityBook value
$355.9B
$5.1B
Total Assets
$184.4B
$41.5B
Debt / EquityLower = less leverage
0.01×
3.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMP
AMP
VST
VST
Q1 26
$8.3B
Q4 25
$785.0M
Q3 25
$602.0M
Q2 25
$458.0M
Q1 25
$561.0M
Q4 24
$1.2B
Q3 24
$905.0M
Q2 24
$1.6B
Total Debt
AMP
AMP
VST
VST
Q1 26
$3.3B
Q4 25
$15.8B
Q3 25
$15.8B
Q2 25
$15.5B
Q1 25
$15.4B
Q4 24
$15.4B
Q3 24
$13.9B
Q2 24
$13.9B
Stockholders' Equity
AMP
AMP
VST
VST
Q1 26
$355.9B
Q4 25
$6.5B
$5.1B
Q3 25
$6.5B
$5.2B
Q2 25
$6.1B
$4.8B
Q1 25
$5.4B
$4.8B
Q4 24
$5.2B
$5.6B
Q3 24
$5.7B
$5.4B
Q2 24
$5.0B
$5.6B
Total Assets
AMP
AMP
VST
VST
Q1 26
$184.4B
Q4 25
$190.9B
$41.5B
Q3 25
$190.1B
$38.0B
Q2 25
$184.9B
$38.1B
Q1 25
$179.1B
$38.2B
Q4 24
$181.4B
$37.8B
Q3 24
$186.0B
$37.9B
Q2 24
$179.7B
$39.1B
Debt / Equity
AMP
AMP
VST
VST
Q1 26
0.01×
Q4 25
3.11×
Q3 25
3.02×
Q2 25
3.22×
Q1 25
3.20×
Q4 24
2.77×
Q3 24
2.56×
Q2 24
2.49×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMP
AMP
VST
VST
Operating Cash FlowLast quarter
$1.4B
Free Cash FlowOCF − Capex
$596.0M
FCF MarginFCF / Revenue
12.4%
Capex IntensityCapex / Revenue
17.4%
Cash ConversionOCF / Net Profit
6.15×
TTM Free Cash FlowTrailing 4 quarters
$1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMP
AMP
VST
VST
Q1 26
Q4 25
$2.7B
$1.4B
Q3 25
$2.2B
$1.5B
Q2 25
$1.8B
$572.0M
Q1 25
$1.7B
$599.0M
Q4 24
$383.0M
$1.4B
Q3 24
$3.0B
$1.7B
Q2 24
$1.7B
$1.2B
Free Cash Flow
AMP
AMP
VST
VST
Q1 26
Q4 25
$2.6B
$596.0M
Q3 25
$2.2B
$1.0B
Q2 25
$1.7B
$-118.0M
Q1 25
$1.6B
$-169.0M
Q4 24
$325.0M
$923.0M
Q3 24
$3.0B
$1.0B
Q2 24
$1.7B
$698.0M
FCF Margin
AMP
AMP
VST
VST
Q1 26
Q4 25
52.0%
12.4%
Q3 25
44.1%
21.1%
Q2 25
38.4%
-3.1%
Q1 25
36.8%
-4.0%
Q4 24
7.0%
25.2%
Q3 24
65.8%
23.4%
Q2 24
38.8%
19.4%
Capex Intensity
AMP
AMP
VST
VST
Q1 26
Q4 25
0.9%
17.4%
Q3 25
0.9%
9.6%
Q2 25
0.8%
18.4%
Q1 25
0.8%
18.1%
Q4 24
1.2%
11.7%
Q3 24
1.1%
15.8%
Q2 24
0.4%
13.8%
Cash Conversion
AMP
AMP
VST
VST
Q1 26
Q4 25
2.65×
6.15×
Q3 25
2.42×
2.25×
Q2 25
1.66×
1.75×
Q1 25
2.89×
Q4 24
0.36×
3.07×
Q3 24
5.96×
0.90×
Q2 24
2.07×
3.28×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMP
AMP

Management and financial advice fees$2.9B60%
Other$872.0M18%
Distribution fees$563.0M12%
Premiums, policy and contract charges$341.0M7%
Other revenues$166.0M3%

VST
VST

Retail Energy Charge In ERCOT$2.1B43%
Retail Energy Charge In Northeast Midwest$1.2B24%
East Segment$1.1B24%
Hedging Revenue Realized$170.0M4%
Revenue From Other Wholesale Contracts$116.0M2%
Transferable Production Tax Credit Revenues$78.0M2%
West Segment$77.0M2%
Intersegment Sales$25.0M1%

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