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Side-by-side financial comparison of Aptiv (APTV) and Vistra Corp. (VST). Click either name above to swap in a different company.
Aptiv is the larger business by last-quarter revenue ($5.2B vs $4.8B, roughly 1.1× Vistra Corp.). Vistra Corp. runs the higher net margin — 4.8% vs 2.7%, a 2.2% gap on every dollar of revenue. On growth, Vistra Corp. posted the faster year-over-year revenue change (31.2% vs 5.0%). Aptiv produced more free cash flow last quarter ($651.0M vs $596.0M). Over the past eight quarters, Vistra Corp.'s revenue compounded faster (23.3% CAGR vs 2.5%).
Aptiv PLC is an American automotive technology supplier with headquarters in Schaffhausen, Switzerland. Aptiv grew out of the now-defunct American company, Delphi Automotive Systems, which itself was formerly a component of General Motors.
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
APTV vs VST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $5.2B | $4.8B |
| Net Profit | $138.0M | $233.0M |
| Gross Margin | 18.7% | — |
| Operating Margin | 8.2% | 9.9% |
| Net Margin | 2.7% | 4.8% |
| Revenue YoY | 5.0% | 31.2% |
| Net Profit YoY | -48.5% | -47.2% |
| EPS (diluted) | $0.63 | $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.
| Q4 25 | $5.2B | $4.8B | ||
| Q3 25 | $5.2B | $4.8B | ||
| Q2 25 | $5.2B | $3.8B | ||
| Q1 25 | $4.8B | $4.3B | ||
| Q4 24 | $4.9B | $3.7B | ||
| Q3 24 | $4.9B | $4.3B | ||
| Q2 24 | $5.1B | $3.6B | ||
| Q1 24 | $4.9B | $3.2B |
| Q4 25 | $138.0M | $233.0M | ||
| Q3 25 | $-355.0M | $652.0M | ||
| Q2 25 | $393.0M | $327.0M | ||
| Q1 25 | $-11.0M | $-268.0M | ||
| Q4 24 | $268.0M | $441.0M | ||
| Q3 24 | $363.0M | $1.9B | ||
| Q2 24 | $938.0M | $365.0M | ||
| Q1 24 | $218.0M | $-35.0M |
| Q4 25 | 18.7% | — | ||
| Q3 25 | 19.5% | — | ||
| Q2 25 | 19.1% | — | ||
| Q1 25 | 19.1% | — | ||
| Q4 24 | 19.6% | — | ||
| Q3 24 | 18.6% | — | ||
| Q2 24 | 19.2% | — | ||
| Q1 24 | 17.9% | — |
| Q4 25 | 8.2% | 9.9% | ||
| Q3 25 | -3.4% | 21.7% | ||
| Q2 25 | 9.3% | 13.7% | ||
| Q1 25 | 9.3% | -2.8% | ||
| Q4 24 | 9.8% | 16.4% | ||
| Q3 24 | 10.4% | 59.6% | ||
| Q2 24 | 8.7% | 22.5% | ||
| Q1 24 | 8.5% | 2.7% |
| Q4 25 | 2.7% | 4.8% | ||
| Q3 25 | -6.8% | 13.6% | ||
| Q2 25 | 7.5% | 8.7% | ||
| Q1 25 | -0.2% | -6.3% | ||
| Q4 24 | 5.5% | 12.0% | ||
| Q3 24 | 7.5% | 43.5% | ||
| Q2 24 | 18.6% | 10.1% | ||
| Q1 24 | 4.4% | -1.1% |
| Q4 25 | $0.63 | $0.55 | ||
| Q3 25 | $-1.63 | $1.75 | ||
| Q2 25 | $1.80 | $0.81 | ||
| Q1 25 | $-0.05 | $-0.93 | ||
| Q4 24 | $1.22 | $1.09 | ||
| Q3 24 | $1.48 | $5.25 | ||
| Q2 24 | $3.47 | $0.90 | ||
| Q1 24 | $0.79 | $-0.24 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.9B | $785.0M |
| Total DebtLower is stronger | $7.5B | $15.8B |
| Stockholders' EquityBook value | $9.2B | $5.1B |
| Total Assets | $23.4B | $41.5B |
| Debt / EquityLower = less leverage | 0.81× | 3.11× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.9B | $785.0M | ||
| Q3 25 | $1.6B | $602.0M | ||
| Q2 25 | $1.4B | $458.0M | ||
| Q1 25 | $1.1B | $561.0M | ||
| Q4 24 | $1.6B | $1.2B | ||
| Q3 24 | $1.8B | $905.0M | ||
| Q2 24 | $2.2B | $1.6B | ||
| Q1 24 | $941.0M | $1.1B |
| Q4 25 | $7.5B | $15.8B | ||
| Q3 25 | $7.6B | $15.8B | ||
| Q2 25 | $7.8B | $15.5B | ||
| Q1 25 | $7.6B | $15.4B | ||
| Q4 24 | $7.8B | $15.4B | ||
| Q3 24 | $8.3B | $13.9B | ||
| Q2 24 | $5.5B | $13.9B | ||
| Q1 24 | $4.7B | $14.7B |
| Q4 25 | $9.2B | $5.1B | ||
| Q3 25 | $9.3B | $5.2B | ||
| Q2 25 | $9.7B | $4.8B | ||
| Q1 25 | $9.0B | $4.8B | ||
| Q4 24 | $8.8B | $5.6B | ||
| Q3 24 | $8.9B | $5.4B | ||
| Q2 24 | $11.5B | $5.6B | ||
| Q1 24 | $11.1B | $5.7B |
| Q4 25 | $23.4B | $41.5B | ||
| Q3 25 | $23.5B | $38.0B | ||
| Q2 25 | $23.9B | $38.1B | ||
| Q1 25 | $23.1B | $38.2B | ||
| Q4 24 | $23.5B | $37.8B | ||
| Q3 24 | $24.8B | $37.9B | ||
| Q2 24 | $24.8B | $39.1B | ||
| Q1 24 | $23.6B | $38.2B |
| Q4 25 | 0.81× | 3.11× | ||
| Q3 25 | 0.82× | 3.02× | ||
| Q2 25 | 0.80× | 3.22× | ||
| Q1 25 | 0.85× | 3.20× | ||
| Q4 24 | 0.89× | 2.77× | ||
| Q3 24 | 0.93× | 2.56× | ||
| Q2 24 | 0.48× | 2.49× | ||
| Q1 24 | 0.42× | 2.60× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $818.0M | $1.4B |
| Free Cash FlowOCF − Capex | $651.0M | $596.0M |
| FCF MarginFCF / Revenue | 12.6% | 12.4% |
| Capex IntensityCapex / Revenue | 3.2% | 17.4% |
| Cash ConversionOCF / Net Profit | 5.93× | 6.15× |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $1.3B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $818.0M | $1.4B | ||
| Q3 25 | $584.0M | $1.5B | ||
| Q2 25 | $510.0M | $572.0M | ||
| Q1 25 | $273.0M | $599.0M | ||
| Q4 24 | $1.1B | $1.4B | ||
| Q3 24 | $499.0M | $1.7B | ||
| Q2 24 | $643.0M | $1.2B | ||
| Q1 24 | $244.0M | $312.0M |
| Q4 25 | $651.0M | $596.0M | ||
| Q3 25 | $441.0M | $1.0B | ||
| Q2 25 | $361.0M | $-118.0M | ||
| Q1 25 | $76.0M | $-169.0M | ||
| Q4 24 | $894.0M | $923.0M | ||
| Q3 24 | $326.0M | $1.0B | ||
| Q2 24 | $417.0M | $698.0M | ||
| Q1 24 | $-21.0M | $-153.0M |
| Q4 25 | 12.6% | 12.4% | ||
| Q3 25 | 8.5% | 21.1% | ||
| Q2 25 | 6.9% | -3.1% | ||
| Q1 25 | 1.6% | -4.0% | ||
| Q4 24 | 18.2% | 25.2% | ||
| Q3 24 | 6.7% | 23.4% | ||
| Q2 24 | 8.3% | 19.4% | ||
| Q1 24 | -0.4% | -4.8% |
| Q4 25 | 3.2% | 17.4% | ||
| Q3 25 | 2.7% | 9.6% | ||
| Q2 25 | 2.9% | 18.4% | ||
| Q1 25 | 4.1% | 18.1% | ||
| Q4 24 | 3.4% | 11.7% | ||
| Q3 24 | 3.6% | 15.8% | ||
| Q2 24 | 4.5% | 13.8% | ||
| Q1 24 | 5.4% | 14.7% |
| Q4 25 | 5.93× | 6.15× | ||
| Q3 25 | — | 2.25× | ||
| Q2 25 | 1.30× | 1.75× | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.96× | 3.07× | ||
| Q3 24 | 1.37× | 0.90× | ||
| Q2 24 | 0.69× | 3.28× | ||
| Q1 24 | 1.12× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APTV
| Electrical Distribution Systems | $2.3B | 45% |
| Engineered Components Group | $1.4B | 28% |
| Active Safety | $716.0M | 14% |
| User Experience And Other | $564.0M | 11% |
| Smart Vehicle Compute And Software | $154.0M | 3% |
VST
| Retail Energy Charge In ERCOT | $2.1B | 43% |
| Retail Energy Charge In Northeast Midwest | $1.2B | 24% |
| East Segment | $1.1B | 24% |
| Hedging Revenue Realized | $170.0M | 4% |
| Revenue From Other Wholesale Contracts | $116.0M | 2% |
| Transferable Production Tax Credit Revenues | $78.0M | 2% |
| West Segment | $77.0M | 2% |
| Intersegment Sales | $25.0M | 1% |
