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Side-by-side financial comparison of BARRICK MINING CORP (B) and Vistra Corp. (VST). Click either name above to swap in a different company.

Vistra Corp. is the larger business by last-quarter revenue ($4.8B vs $3.7B, roughly 1.3× BARRICK MINING CORP). BARRICK MINING CORP runs the higher net margin — 34.1% vs 4.8%, a 29.3% gap on every dollar of revenue. On growth, Vistra Corp. posted the faster year-over-year revenue change (31.2% vs 16.4%).

Barrick Mining Corporation is a mining company that produces gold and copper. It has mining operations and projects in Argentina, Canada, Chile, Democratic Republic of the Congo, Dominican Republic, Ecuador, Egypt, Jamaica, Mali, Pakistan, Papua New Guinea, Peru, Saudi Arabia, Senegal, Tanzania, the United States and Zambia. In 2024, it produced 3.91 million ounces of gold at all-in sustaining costs of $1,484/ounce and 195,000 tonnes of copper at all-in sustaining costs of $3.45/pound. As of ...

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

B vs VST — Head-to-Head

Bigger by revenue
VST
VST
1.3× larger
VST
$4.8B
$3.7B
B
Growing faster (revenue YoY)
VST
VST
+14.8% gap
VST
31.2%
16.4%
B
Higher net margin
B
B
29.3% more per $
B
34.1%
4.8%
VST

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
B
B
VST
VST
Revenue
$3.7B
$4.8B
Net Profit
$1.3B
$233.0M
Gross Margin
49.0%
Operating Margin
38.5%
9.9%
Net Margin
34.1%
4.8%
Revenue YoY
16.4%
31.2%
Net Profit YoY
98.1%
-47.2%
EPS (diluted)
$0.47
$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
B
B
VST
VST
Q4 25
$4.8B
Q3 25
$4.8B
Q2 25
$3.7B
$3.8B
Q1 25
$4.3B
Q4 24
$3.7B
Q3 24
$4.3B
Q2 24
$3.2B
$3.6B
Q1 24
$3.2B
Net Profit
B
B
VST
VST
Q4 25
$233.0M
Q3 25
$652.0M
Q2 25
$1.3B
$327.0M
Q1 25
$-268.0M
Q4 24
$441.0M
Q3 24
$1.9B
Q2 24
$634.0M
$365.0M
Q1 24
$-35.0M
Gross Margin
B
B
VST
VST
Q4 25
Q3 25
Q2 25
49.0%
Q1 25
Q4 24
Q3 24
Q2 24
37.4%
Q1 24
Operating Margin
B
B
VST
VST
Q4 25
9.9%
Q3 25
21.7%
Q2 25
38.5%
13.7%
Q1 25
-2.8%
Q4 24
16.4%
Q3 24
59.6%
Q2 24
34.5%
22.5%
Q1 24
2.7%
Net Margin
B
B
VST
VST
Q4 25
4.8%
Q3 25
13.6%
Q2 25
34.1%
8.7%
Q1 25
-6.3%
Q4 24
12.0%
Q3 24
43.5%
Q2 24
20.1%
10.1%
Q1 24
-1.1%
EPS (diluted)
B
B
VST
VST
Q4 25
$0.55
Q3 25
$1.75
Q2 25
$0.47
$0.81
Q1 25
$-0.93
Q4 24
$1.09
Q3 24
$5.25
Q2 24
$0.21
$0.90
Q1 24
$-0.24

Balance Sheet & Financial Strength

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

Metric
B
B
VST
VST
Cash + ST InvestmentsLiquidity on hand
$4.8B
$785.0M
Total DebtLower is stronger
$15.8B
Stockholders' EquityBook value
$33.4B
$5.1B
Total Assets
$47.3B
$41.5B
Debt / EquityLower = less leverage
3.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
B
B
VST
VST
Q4 25
$785.0M
Q3 25
$602.0M
Q2 25
$4.8B
$458.0M
Q1 25
$561.0M
Q4 24
$1.2B
Q3 24
$905.0M
Q2 24
$4.0B
$1.6B
Q1 24
$1.1B
Total Debt
B
B
VST
VST
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
Q1 24
$14.7B
Stockholders' Equity
B
B
VST
VST
Q4 25
$5.1B
Q3 25
$5.2B
Q2 25
$33.4B
$4.8B
Q1 25
$4.8B
Q4 24
$5.6B
Q3 24
$5.4B
Q2 24
$32.5B
$5.6B
Q1 24
$5.7B
Total Assets
B
B
VST
VST
Q4 25
$41.5B
Q3 25
$38.0B
Q2 25
$47.3B
$38.1B
Q1 25
$38.2B
Q4 24
$37.8B
Q3 24
$37.9B
Q2 24
$46.2B
$39.1B
Q1 24
$38.2B
Debt / Equity
B
B
VST
VST
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×
Q1 24
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
B
B
VST
VST
Operating Cash FlowLast quarter
$1.3B
$1.4B
Free Cash FlowOCF − Capex
$596.0M
FCF MarginFCF / Revenue
12.4%
Capex IntensityCapex / Revenue
17.4%
Cash ConversionOCF / Net Profit
1.06×
6.15×
TTM Free Cash FlowTrailing 4 quarters
$1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
B
B
VST
VST
Q4 25
$1.4B
Q3 25
$1.5B
Q2 25
$1.3B
$572.0M
Q1 25
$599.0M
Q4 24
$1.4B
Q3 24
$1.7B
Q2 24
$1.2B
$1.2B
Q1 24
$312.0M
Free Cash Flow
B
B
VST
VST
Q4 25
$596.0M
Q3 25
$1.0B
Q2 25
$-118.0M
Q1 25
$-169.0M
Q4 24
$923.0M
Q3 24
$1.0B
Q2 24
$698.0M
Q1 24
$-153.0M
FCF Margin
B
B
VST
VST
Q4 25
12.4%
Q3 25
21.1%
Q2 25
-3.1%
Q1 25
-4.0%
Q4 24
25.2%
Q3 24
23.4%
Q2 24
19.4%
Q1 24
-4.8%
Capex Intensity
B
B
VST
VST
Q4 25
17.4%
Q3 25
9.6%
Q2 25
18.4%
Q1 25
18.1%
Q4 24
11.7%
Q3 24
15.8%
Q2 24
13.8%
Q1 24
14.7%
Cash Conversion
B
B
VST
VST
Q4 25
6.15×
Q3 25
2.25×
Q2 25
1.06×
1.75×
Q1 25
Q4 24
3.07×
Q3 24
0.90×
Q2 24
1.83×
3.28×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

B
B

Segment breakdown not available.

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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