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Side-by-side financial comparison of Vistra Corp. (VST) and WESCO INTERNATIONAL INC (WCC). Click either name above to swap in a different company.
WESCO INTERNATIONAL INC is the larger business by last-quarter revenue ($6.1B vs $4.8B, roughly 1.3× Vistra Corp.). Vistra Corp. runs the higher net margin — 4.8% vs 2.5%, a 2.3% gap on every dollar of revenue. On growth, Vistra Corp. posted the faster year-over-year revenue change (31.2% vs 13.8%). Vistra Corp. produced more free cash flow last quarter ($596.0M vs $213.4M). Over the past eight quarters, Vistra Corp.'s revenue compounded faster (23.3% CAGR vs 5.3%).
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
Wesco International, Inc. is a publicly traded American holding company for Wesco Distribution, an electrical distribution and services company based in Pittsburgh, Pennsylvania.
VST vs WCC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $4.8B | $6.1B |
| Net Profit | $233.0M | $153.8M |
| Gross Margin | — | 21.2% |
| Operating Margin | 9.9% | 4.8% |
| Net Margin | 4.8% | 2.5% |
| Revenue YoY | 31.2% | 13.8% |
| Net Profit YoY | -47.2% | 47.9% |
| 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.
| Q1 26 | — | $6.1B | ||
| Q4 25 | $4.8B | $6.1B | ||
| Q3 25 | $4.8B | $6.2B | ||
| Q2 25 | $3.8B | $5.9B | ||
| Q1 25 | $4.3B | $5.3B | ||
| Q4 24 | $3.7B | $5.5B | ||
| Q3 24 | $4.3B | $5.5B | ||
| Q2 24 | $3.6B | $5.5B |
| Q1 26 | — | $153.8M | ||
| Q4 25 | $233.0M | $159.8M | ||
| Q3 25 | $652.0M | $187.5M | ||
| Q2 25 | $327.0M | $174.5M | ||
| Q1 25 | $-268.0M | $118.4M | ||
| Q4 24 | $441.0M | $165.4M | ||
| Q3 24 | $1.9B | $204.3M | ||
| Q2 24 | $365.0M | $232.1M |
| Q1 26 | — | 21.2% | ||
| Q4 25 | — | 21.2% | ||
| Q3 25 | — | 21.3% | ||
| Q2 25 | — | 21.1% | ||
| Q1 25 | — | 21.1% | ||
| Q4 24 | — | 21.2% | ||
| Q3 24 | — | 22.1% | ||
| Q2 24 | — | 21.9% |
| Q1 26 | — | 4.8% | ||
| Q4 25 | 9.9% | 5.3% | ||
| Q3 25 | 21.7% | 5.6% | ||
| Q2 25 | 13.7% | 5.5% | ||
| Q1 25 | -2.8% | 4.5% | ||
| Q4 24 | 16.4% | 5.5% | ||
| Q3 24 | 59.6% | 6.1% | ||
| Q2 24 | 22.5% | 5.9% |
| Q1 26 | — | 2.5% | ||
| Q4 25 | 4.8% | 2.6% | ||
| Q3 25 | 13.6% | 3.0% | ||
| Q2 25 | 8.7% | 3.0% | ||
| Q1 25 | -6.3% | 2.2% | ||
| Q4 24 | 12.0% | 3.0% | ||
| Q3 24 | 43.5% | 3.7% | ||
| Q2 24 | 10.1% | 4.2% |
| Q1 26 | — | — | ||
| Q4 25 | $0.55 | $3.33 | ||
| Q3 25 | $1.75 | $3.79 | ||
| Q2 25 | $0.81 | $3.83 | ||
| Q1 25 | $-0.93 | $2.10 | ||
| Q4 24 | $1.09 | $3.01 | ||
| Q3 24 | $5.25 | $3.81 | ||
| Q2 24 | $0.90 | $4.28 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $785.0M | $696.6M |
| Total DebtLower is stronger | $15.8B | — |
| Stockholders' EquityBook value | $5.1B | $5.1B |
| Total Assets | $41.5B | $17.0B |
| Debt / EquityLower = less leverage | 3.11× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $696.6M | ||
| 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 | — |
| Q1 26 | — | — | ||
| 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 26 | — | $5.1B | ||
| Q4 25 | $5.1B | $5.0B | ||
| Q3 25 | $5.2B | $4.8B | ||
| Q2 25 | $4.8B | $4.8B | ||
| Q1 25 | $4.8B | $5.0B | ||
| Q4 24 | $5.6B | $5.0B | ||
| Q3 24 | $5.4B | $5.0B | ||
| Q2 24 | $5.6B | $4.9B |
| Q1 26 | — | $17.0B | ||
| Q4 25 | $41.5B | $16.5B | ||
| Q3 25 | $38.0B | $16.6B | ||
| Q2 25 | $38.1B | $16.2B | ||
| Q1 25 | $38.2B | $15.5B | ||
| Q4 24 | $37.8B | $15.1B | ||
| Q3 24 | $37.9B | $15.3B | ||
| Q2 24 | $39.1B | $15.1B |
| 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 | $221.4M |
| Free Cash FlowOCF − Capex | $596.0M | $213.4M |
| FCF MarginFCF / Revenue | 12.4% | 3.5% |
| Capex IntensityCapex / Revenue | 17.4% | 0.4% |
| Cash ConversionOCF / Net Profit | 6.15× | 1.44× |
| TTM Free Cash FlowTrailing 4 quarters | $1.3B | $231.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $221.4M | ||
| Q4 25 | $1.4B | $71.9M | ||
| Q3 25 | $1.5B | $-82.7M | ||
| Q2 25 | $572.0M | $107.8M | ||
| Q1 25 | $599.0M | $28.0M | ||
| Q4 24 | $1.4B | $276.6M | ||
| Q3 24 | $1.7B | $302.1M | ||
| Q2 24 | $1.2B | $-223.8M |
| Q1 26 | — | $213.4M | ||
| Q4 25 | $596.0M | $27.5M | ||
| Q3 25 | $1.0B | $-95.9M | ||
| Q2 25 | $-118.0M | $86.0M | ||
| Q1 25 | $-169.0M | $7.6M | ||
| Q4 24 | $923.0M | $252.3M | ||
| Q3 24 | $1.0B | $272.9M | ||
| Q2 24 | $698.0M | $-244.6M |
| Q1 26 | — | 3.5% | ||
| Q4 25 | 12.4% | 0.5% | ||
| Q3 25 | 21.1% | -1.5% | ||
| Q2 25 | -3.1% | 1.5% | ||
| Q1 25 | -4.0% | 0.1% | ||
| Q4 24 | 25.2% | 4.6% | ||
| Q3 24 | 23.4% | 5.0% | ||
| Q2 24 | 19.4% | -4.5% |
| Q1 26 | — | 0.4% | ||
| Q4 25 | 17.4% | 0.7% | ||
| Q3 25 | 9.6% | 0.2% | ||
| Q2 25 | 18.4% | 0.4% | ||
| Q1 25 | 18.1% | 0.4% | ||
| Q4 24 | 11.7% | 0.4% | ||
| Q3 24 | 15.8% | 0.5% | ||
| Q2 24 | 13.8% | 0.4% |
| Q1 26 | — | 1.44× | ||
| Q4 25 | 6.15× | 0.45× | ||
| Q3 25 | 2.25× | -0.44× | ||
| Q2 25 | 1.75× | 0.62× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | 3.07× | 1.67× | ||
| Q3 24 | 0.90× | 1.48× | ||
| Q2 24 | 3.28× | -0.96× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
WCC
| CSS | $2.5B | 41% |
| EES | $2.2B | 37% |
| UBS | $1.4B | 22% |
