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Side-by-side financial comparison of Otis Worldwide (OTIS) 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 $3.6B, roughly 1.3× Otis Worldwide). Otis Worldwide runs the higher net margin — 9.5% vs 4.8%, a 4.7% gap on every dollar of revenue. On growth, Vistra Corp. posted the faster year-over-year revenue change (31.2% vs 1.0%). Vistra Corp. produced more free cash flow last quarter ($596.0M vs $380.0M). Over the past eight quarters, Vistra Corp.'s revenue compounded faster (23.3% CAGR vs -0.5%).
Otis Worldwide Corporation styled as OTIS is an American company that develops, manufactures and markets elevators, escalators, moving walkways, and related equipment.
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
OTIS vs VST — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $3.6B | $4.8B |
| Net Profit | $340.0M | $233.0M |
| Gross Margin | — | — |
| Operating Margin | 15.1% | 9.9% |
| Net Margin | 9.5% | 4.8% |
| Revenue YoY | 1.0% | 31.2% |
| Net Profit YoY | 750.0% | -47.2% |
| EPS (diluted) | $0.87 | $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.
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.8B | $4.8B | ||
| Q3 25 | $3.7B | $4.8B | ||
| Q2 25 | $3.6B | $3.8B | ||
| Q1 25 | $3.4B | $4.3B | ||
| Q4 24 | $3.7B | $3.7B | ||
| Q3 24 | $3.5B | $4.3B | ||
| Q2 24 | $3.6B | $3.6B |
| Q1 26 | $340.0M | — | ||
| Q4 25 | $374.0M | $233.0M | ||
| Q3 25 | $374.0M | $652.0M | ||
| Q2 25 | $393.0M | $327.0M | ||
| Q1 25 | $243.0M | $-268.0M | ||
| Q4 24 | $337.0M | $441.0M | ||
| Q3 24 | $540.0M | $1.9B | ||
| Q2 24 | $415.0M | $365.0M |
| Q1 26 | 15.1% | — | ||
| Q4 25 | 15.5% | 9.9% | ||
| Q3 25 | 15.9% | 21.7% | ||
| Q2 25 | 15.2% | 13.7% | ||
| Q1 25 | 12.3% | -2.8% | ||
| Q4 24 | 14.4% | 16.4% | ||
| Q3 24 | 10.2% | 59.6% | ||
| Q2 24 | 15.8% | 22.5% |
| Q1 26 | 9.5% | — | ||
| Q4 25 | 9.9% | 4.8% | ||
| Q3 25 | 10.1% | 13.6% | ||
| Q2 25 | 10.9% | 8.7% | ||
| Q1 25 | 7.3% | -6.3% | ||
| Q4 24 | 9.2% | 12.0% | ||
| Q3 24 | 15.2% | 43.5% | ||
| Q2 24 | 11.5% | 10.1% |
| Q1 26 | $0.87 | — | ||
| Q4 25 | $0.95 | $0.55 | ||
| Q3 25 | $0.95 | $1.75 | ||
| Q2 25 | $0.99 | $0.81 | ||
| Q1 25 | $0.61 | $-0.93 | ||
| Q4 24 | $0.85 | $1.09 | ||
| Q3 24 | $1.34 | $5.25 | ||
| Q2 24 | $1.02 | $0.90 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $834.0M | $785.0M |
| Total DebtLower is stronger | $6.9B | $15.8B |
| Stockholders' EquityBook value | — | $5.1B |
| Total Assets | $10.5B | $41.5B |
| Debt / EquityLower = less leverage | — | 3.11× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $834.0M | — | ||
| Q4 25 | $1.1B | $785.0M | ||
| Q3 25 | $840.0M | $602.0M | ||
| Q2 25 | $688.0M | $458.0M | ||
| Q1 25 | $1.9B | $561.0M | ||
| Q4 24 | $2.3B | $1.2B | ||
| Q3 24 | $827.0M | $905.0M | ||
| Q2 24 | $942.0M | $1.6B |
| Q1 26 | $6.9B | — | ||
| Q4 25 | $7.8B | $15.8B | ||
| Q3 25 | $7.7B | $15.8B | ||
| Q2 25 | $7.2B | $15.5B | ||
| Q1 25 | $8.4B | $15.4B | ||
| Q4 24 | $8.3B | $15.4B | ||
| Q3 24 | $6.9B | $13.9B | ||
| Q2 24 | $6.8B | $13.9B |
| Q1 26 | — | — | ||
| Q4 25 | $-5.4B | $5.1B | ||
| Q3 25 | $-5.4B | $5.2B | ||
| Q2 25 | $-5.4B | $4.8B | ||
| Q1 25 | $-5.1B | $4.8B | ||
| Q4 24 | $-4.8B | $5.6B | ||
| Q3 24 | $-4.9B | $5.4B | ||
| Q2 24 | $-5.0B | $5.6B |
| Q1 26 | $10.5B | — | ||
| Q4 25 | $10.7B | $41.5B | ||
| Q3 25 | $10.8B | $38.0B | ||
| Q2 25 | $10.5B | $38.1B | ||
| Q1 25 | $11.2B | $38.2B | ||
| Q4 24 | $11.3B | $37.8B | ||
| Q3 24 | $10.3B | $37.9B | ||
| Q2 24 | $9.9B | $39.1B |
| Q1 26 | — | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $1.4B |
| Free Cash FlowOCF − Capex | $380.0M | $596.0M |
| FCF MarginFCF / Revenue | 10.7% | 12.4% |
| Capex IntensityCapex / Revenue | 0.9% | 17.4% |
| Cash ConversionOCF / Net Profit | — | 6.15× |
| TTM Free Cash FlowTrailing 4 quarters | $1.7B | $1.3B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $817.0M | $1.4B | ||
| Q3 25 | $374.0M | $1.5B | ||
| Q2 25 | $215.0M | $572.0M | ||
| Q1 25 | $190.0M | $599.0M | ||
| Q4 24 | $690.0M | $1.4B | ||
| Q3 24 | $394.0M | $1.7B | ||
| Q2 24 | $308.0M | $1.2B |
| Q1 26 | $380.0M | — | ||
| Q4 25 | $772.0M | $596.0M | ||
| Q3 25 | $337.0M | $1.0B | ||
| Q2 25 | $179.0M | $-118.0M | ||
| Q1 25 | $156.0M | $-169.0M | ||
| Q4 24 | $651.0M | $923.0M | ||
| Q3 24 | $362.0M | $1.0B | ||
| Q2 24 | $284.0M | $698.0M |
| Q1 26 | 10.7% | — | ||
| Q4 25 | 20.3% | 12.4% | ||
| Q3 25 | 9.1% | 21.1% | ||
| Q2 25 | 5.0% | -3.1% | ||
| Q1 25 | 4.7% | -4.0% | ||
| Q4 24 | 17.7% | 25.2% | ||
| Q3 24 | 10.2% | 23.4% | ||
| Q2 24 | 7.9% | 19.4% |
| Q1 26 | 0.9% | — | ||
| Q4 25 | 1.2% | 17.4% | ||
| Q3 25 | 1.0% | 9.6% | ||
| Q2 25 | 1.0% | 18.4% | ||
| Q1 25 | 1.0% | 18.1% | ||
| Q4 24 | 1.1% | 11.7% | ||
| Q3 24 | 0.9% | 15.8% | ||
| Q2 24 | 0.7% | 13.8% |
| Q1 26 | — | — | ||
| Q4 25 | 2.18× | 6.15× | ||
| Q3 25 | 1.00× | 2.25× | ||
| Q2 25 | 0.55× | 1.75× | ||
| Q1 25 | 0.78× | — | ||
| Q4 24 | 2.05× | 3.07× | ||
| Q3 24 | 0.73× | 0.90× | ||
| Q2 24 | 0.74× | 3.28× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OTIS
| Service | $2.2B | 61% |
| New Equipment | $1.1B | 32% |
| Other | $230.0M | 6% |
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% |
