Vista Energy, S.A.B. de C.V. ADR (VIST) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$48.4	$41.5	-14.3%	—	$1.2B	—
Q1 26	$18.8	$15.6	-17.0%	—	$865M	—
Q4 25	$17.2	$8.41	-51.0%	—	$719.1M	—
Q3 25	$21	$27.3	+29.7%	—	$706.1M	—
Q2 25	$24.3	$10.3	-57.7%	—	$610.5M	—
Q1 25	$16	$15.5	-2.8%	—	$438.5M	—
Q4 24	$18.9	$4.7	-75.2%	—	$471.3M	—
Q3 24	$22.3	$11	-50.8%	—	$462.4M	—
Q2 24	$20.4	$12.5	-38.9%	—	$396.7M	—
Q1 24	$15	$8.6	-42.6%	—	$317.4M	—
Q4 23	$22.1	$43	+94.7%	—	$344.9M	—
Q3 23	$20.7	$15	-27.5%	—	$302.8M	—
Q2 23	$10.9	$10.3	-5.6%	—	$239.6M	—
Q1 23	$0.99	$1.32	+33.3%	—	$317.2M	—
Q4 22	$0.93	$0.76	-18.3%	—	$308M	—
Q3 22	$20.3	$18.3	-9.8%	—	$333.5M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$7.01	—	—	$2.5B	—
FY24	—	$4.98	—	—	$1.6B	—
FY23	—	$4.24	—	—	$1.2B	—
FY22	—	$3.07	—	—	$1.2B	—

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$198.1M	$331.3M	$416M	$273.9M	$665.3M	$1.2B	$1.2B	$1.6B	$2.5B
YoY change	—	+67.3%	+25.5%	-34.1%	+142.9%	+78.5%	-1.59%	+41%	+50.2%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	198.1M	331.3M	416M	273.9M	665.3M	1.2B	1.2B	1.6B	2.5B
Cost of revenue	174.4M	212.6M	328.1M	271.5M	398.7M	557.4M	577.5M	830M	1.3B
Gross profit	23.7M	118.8M	87.8M	2.4M	266.6M	630.2M	591.2M	817.7M	1.2B
Gross margin	12%	35.8%	21.1%	0.89%	40.1%	53.1%	50.6%	49.6%	47.5%
Research & development	—	—	—	—	—	—	—	—	—
Selling, general & administrative	8.8M	47.2M	67.8M	48.2M	66.9M	95.8M	112.1M	203M	305.7M
Operating expenses	-3.3M	47.8M	70M	44.7M	56.1M	72.6M	-92.3M	150.3M	286.5M
Operating income	15.8M	68.6M	16.1M	-52.1M	188.8M	529.7M	656.3M	621.2M	828.4M
Operating margin	7.96%	20.7%	3.88%	-19%	28.4%	44.6%	56.2%	37.7%	33.5%
Non-operating income, net	4.3M	-18.8M	1.5M	-3.9M	39M	-15.2M	13M	17.9M	435.5M
Pretax income	20.3M	17.6M	-16.5M	-112.9M	152.8M	433.5M	545.4M	590.8M	1B
Income tax	6.4M	47.4M	16.2M	-10.1M	102.1M	164M	148.4M	113.3M	285.6M
Net income	13.9M	-29.9M	-32.7M	-102.7M	50.6M	269.5M	397M	477.5M	719.1M
Net margin	7.02%	-9.01%	-7.87%	-37.5%	7.61%	22.7%	34%	29%	29.1%
EBITDA	77.5M	126.9M	170.8M	91M	361M	716.8M	835.3M	1.1B	1.5B
EPS	0.15	-0.53	-0.41	-1.17	0.57	3.07	4.24	4.98	7.01
Diluted EPS	0.15	-0.53	-0.41	-1.17	0.54	2.75	4	4.63	6.71

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	302.8M	344.9M	317.4M	396.7M	462.4M	471.3M	438.5M	610.5M	706.1M	719.1M	865M	1.2B
Cost of revenue	148.6M	189.8M	156.7M	188.7M	230M	254.7M	226.5M	325.3M	368.9M	378.4M	392.7M	526.6M
Gross profit	154.2M	155.1M	160.7M	208M	232.4M	216.6M	212M	285.2M	337.2M	340.7M	472.4M	708.3M
Gross margin	50.9%	45%	50.6%	52.4%	50.3%	46%	48.3%	46.7%	47.8%	47.4%	54.6%	57.4%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	26.2M	30.3M	32.5M	34.7M	56.2M	79.4M	66.6M	56.6M	72.6M	109.8M	93.1M	143.7M
Operating expenses	2M	-143.3M	23.1M	18M	35.2M	73.1M	61.6M	51.4M	71.3M	102.2M	241.8M	139.1M
Operating income	145.6M	290.8M	129.1M	180.1M	187.3M	125.2M	142.2M	220M	252.3M	213.9M	216.1M	546.4M
Operating margin	48.1%	84.3%	40.7%	45.4%	40.5%	26.6%	32.4%	36%	35.7%	29.7%	25%	44.2%
Non-operating income, net	-13.1M	-74.7M	-21M	6.5M	18.6M	13.2M	21.7M	170.2M	256.8M	-13.3M	-5.2M	1.2M
Pretax income	113.7M	167.5M	102M	169.6M	194.5M	124.7M	135M	293.8M	437.5M	138.4M	143.5M	452.9M
Income tax	30.6M	34.5M	23.4M	29.9M	29.1M	30.9M	52.2M	58.5M	122.2M	52.7M	35.8M	119.9M
Net income	83.1M	132.9M	78.7M	139.6M	165.5M	93.8M	82.8M	235.3M	315.3M	85.7M	107.7M	333M
Net margin	27.4%	38.5%	24.8%	35.2%	35.8%	19.9%	18.9%	38.5%	44.6%	11.9%	12.5%	27%
EBITDA	203.3M	328.1M	211.5M	276.4M	312.7M	277.9M	264.7M	346.8M	439.7M	481.3M	432.6M	795.7M
EPS	0.87	1.4	0.82	1.44	1.73	0.98	0.86	2.26	3.01	0.82	1.03	3.06
Diluted EPS	0.82	1.4	0.79	1.39	1.66	0.91	0.82	2.16	2.91	0.79	0.98	2.9

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	—	224.9M	470.3M	1.4B	2.8B	5.2B	4.7B	7.4B
Enterprise value	—	—	—	581.1M	791.3M	1.7B	3.2B	6B	7.4B	10.9B
Shares outstanding	95.4M	56.6M	80M	87.9M	88.2M	87.9M	93.7M	95.9M	95.9M	95.9M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	—	—	9.29	5.1	6.96	10.9	6.49	8.87
P/S	—	—	—	0.82	0.71	1.16	2.37	3.15	1.89	2.12
P/B	—	—	—	0.44	0.83	1.63	2.22	3.2	1.86	2.25
EV/EBITDA	—	—	—	6.38	2.19	2.38	3.87	5.54	4.84	5.05
EV/Sales	—	—	—	2.12	1.19	1.44	2.77	3.62	3	3.08
Earnings yield	—	—	—	—	10.8%	19.6%	14.4%	9.2%	15.4%	11.3%
FCF yield	—	—	—	-28.1%	16.7%	14.9%	0.59%	-2.02%	-14.4%	1.66%
PEG	—	—	—	—	—	—	—	—	—	0.25

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	12%	35.8%	21.1%	0.89%	40.1%	53.1%	50.6%	49.6%	47.5%	57.4%
Operating margin	7.96%	20.7%	3.88%	-19%	28.4%	44.6%	56.2%	37.7%	33.5%	44.2%
Net margin	7.02%	-9.01%	-7.87%	-37.5%	7.61%	22.7%	34%	29%	29.1%	23.6%
ROE	4.96%	-6.22%	-5.42%	-20.2%	8.96%	31.9%	31.8%	29.5%	28.6%	29.8%
ROA	3.84%	-2.75%	-2.36%	-7.49%	3.01%	13.2%	15.3%	11.3%	10.1%	10%
ROIC	4.72%	0%	2.01%	-6.02%	7.06%	28%	27.8%	20.9%	11.3%	13.2%
Return on tangible assets	3.86%	-3.09%	-2.6%	-8.07%	3.13%	13.7%	15.7%	11.5%	10.2%	9.12%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	3.15	1.38	1.93	0.8	0.97	0.85	1.19	0.99	0.86	0.69
Quick ratio	2.9	1.24	1.83	0.76	0.94	0.82	1.16	0.99	0.86	0.68
Debt / equity	0	0.64	0.78	1.11	1.13	0.69	0.55	0.95	1.31	1.07
Debt / assets	0	0.28	0.34	0.41	0.38	0.28	0.26	0.36	0.46	0.4
Net debt / EBITDA	-0.66	1.71	1.17	3.91	0.89	0.46	0.57	0.72	1.8	1.46
Interest coverage	1.1K	2.12	0.54	-1.15	3.73	14.1	21.5	9.79	5.37	5.16
Effective tax rate	31.4%	100%	0%	0%	66.8%	37.8%	27.2%	19.2%	28.4%	28.2%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	2.08	5.85	5.2	3.12	7.54	13.5	12.5	17.2	25.8	33.4
EPS (basic)	0.15	-0.53	-0.41	-1.17	0.57	3.07	4.24	4.98	7.01	7.01
EPS (diluted)	0.15	-0.53	-0.41	-1.17	0.54	2.75	4	4.63	6.71	7.6
Book value per share	2.94	8.47	7.55	5.79	6.41	9.61	13.3	16.9	26.2	29.9
FCF per share	0.15	-0.47	-1.38	-0.72	0.89	2.33	0.17	-1.09	-7	2.52
Cash per share	0.54	1.55	3.35	2.36	3.59	2.82	2.29	8	5.64	5.45
Capex per share	0.33	2.08	3	1.74	3.48	5.45	7.35	11	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	15.7%	35.6%	57.8%	55.9%	46.2%	40.3%	58.9%	63.9%	—	—
Capex / operating cash flow	45.6%	91.4%	154.6%	149.6%	68.6%	63.8%	72.3%	100.8%	—	—
Payout ratio	48.4%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Dividend yield	—	—	—	0%	0%	0%	0%	0%	0%	0%

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$302.8M	$344.9M	$317.4M	$396.7M	$462.4M	$471.3M	$438.5M	$610.5M	$706.1M	$719.1M	$865M	$1.2B
YoY change	-9.22%	+12%	+0.05%	+65.6%	+52.7%	+36.7%	+38.2%	+53.9%	+52.7%	+52.6%	+97.3%	+102.3%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	51.2M	88M	268.3M	207.3M	317M	248.2M	214.5M	767.3M	540.7M
Receivables	40.2M	58.8M	56.5M	25.2M	27.2M	41.1M	67.6M	106.4M	195.8M
Inventory	8.2M	18.2M	19.1M	13.9M	14M	12.9M	7.5M	6.5M	9.5M
Total current assets	101.3M	185.1M	372.6M	267.8M	375.1M	347.7M	425.9M	1.1B	895.5M
Property, plant & equipment	259.6M	820.7M	931.6M	1B	1.2B	-489.5M	-547M	-806.4M	-1B
Goodwill & intangibles	2M	120.2M	125M	99.1M	64.6M	70.2M	65.2M	76M	82.1M
Total assets	361.9M	1.1B	1.4B	1.4B	1.7B	2B	2.6B	4.2B	7.1B
Accounts payable	19.8M	73.6M	59.3M	117.4M	119.3M	196.5M	204.7M	473.4M	399.4M
Short-term debt	—	10.4M	69.7M	196.4M	170.9M	80.3M	96.1M	104.2M	405.5M
Total current liabilities	32.1M	134.1M	193M	333.7M	385.7M	408.3M	359.4M	1.1B	1B
Long-term debt	0	294.4M	398.5M	367.1M	467.2M	498.2M	590.4M	1.4B	2.9B
Total liabilities	81.6M	606.5M	781.4M	864.1M	1.1B	1.2B	1.4B	2.6B	4.6B
Shareholders' equity	280.3M	479.7M	603.7M	508.5M	565.3M	844.1M	1.2B	1.6B	2.5B
Total debt	0	304.8M	468.2M	563.5M	638M	578.5M	686.5M	1.5B	3.3B
Net debt	-322K	291.5M	328.2M	560.6M	559.9M	554.6M	664.7M	1B	3B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	173.8M	214.5M	153.5M	332.4M	260.5M	767.3M	740.8M	156.3M	324.1M	540.7M	617.5M	607.6M
Receivables	7.1M	67.6M	158.1M	120.1M	162.4M	106.4M	93.7M	214.9M	189.7M	195.8M	448.3M	321.6M
Inventory	5.4M	7.5M	5.4M	9.5M	2.4M	6.5M	16M	12.2M	12.8M	9.5M	9.7M	22.8M
Total current assets	434.1M	425.9M	459.9M	618.1M	608.1M	1.1B	1B	643M	747.2M	895.5M	1.4B	1.1B
Property, plant & equipment	-430.3M	-547M	-556.8M	-549.7M	-671.4M	-806.4M	-895.5M	-507.4M	-889.9M	-1B	-1.2B	-1.2B
Goodwill & intangibles	59.9M	65.2M	64.1M	64.8M	67.2M	76M	75.5M	72.4M	70.8M	82.1M	77.2M	78M
Total assets	2.5B	2.6B	2.8B	3.2B	3.5B	4.2B	4.5B	6.1B	6.7B	7.1B	7.7B	9.3B
Accounts payable	226.8M	204.7M	295.2M	366.7M	402M	473.4M	385.4M	406.8M	433.9M	399.4M	489.2M	560.2M
Short-term debt	136.4M	96.1M	120M	228.6M	266.6M	104.2M	224.9M	726M	576.3M	405.5M	1.1B	731.9M
Total current liabilities	435.4M	359.4M	518.7M	798.6M	1B	1.1B	1.1B	1.6B	1.2B	1B	1.8B	1.6B
Long-term debt	618.1M	590.4M	609.9M	731M	753.9M	1.4B	1.6B	1.9B	2.4B	2.9B	2.7B	3B
Total liabilities	1.4B	1.4B	1.5B	1.8B	2B	2.6B	2.8B	3.9B	4.3B	4.6B	5.1B	5.8B
Shareholders' equity	1.1B	1.2B	1.3B	1.4B	1.5B	1.6B	1.6B	2.1B	2.4B	2.5B	2.6B	3.5B
Total debt	754.5M	686.5M	729.9M	959.6M	1B	1.5B	1.8B	2.7B	3B	3.3B	3.8B	3.8B
Net debt	747.2M	664.7M	715.2M	954.7M	974.8M	1B	1.2B	2.6B	2.8B	3B	3.5B	3.6B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	13.9M	-29.9M	-32.7M	-102.7M	50.6M	269.5M	397M	477.5M	719.1M
Depreciation & amortization	63.3M	74.8M	153M	147.7M	191.3M	234.9M	276.4M	437.7M	738.9M
Stock-based compensation	0	—	10.7M	10.5M	10.6M	16.6M	23.1M	34.9M	56M
Change in working capital	-15.9M	-7.9M	-26.9M	1.8M	27.5M	3.9M	-19.3M	-100.7M	-263M
Operating cash flow	68.3M	128.9M	155.4M	102.5M	447.7M	751.3M	952.4M	1B	796.2M
Capital expenditure	-31.1M	-117.8M	-240.3M	-153.3M	-307.1M	-479M	-688.4M	-1.1B	—
Investing cash flow	-47.9M	-809.3M	-234.6M	-153.3M	-293.9M	-577.2M	-693.3M	-1B	-892.5M
Dividends paid	-6.7M	0	0	0	0	0	0	0	0
Share repurchases	0	-204.6M	0	0	0	-29.3M	0	-99.8M	-50M
Financing cash flow	-6.7M	146.6M	298.7M	74.6M	61.2M	-108.8M	42.5M	695.1M	1.5B
Net change in cash	13.7M	-533.8M	219.6M	23.9M	215M	65.4M	301.7M	694.1M	1.4B
Free cash flow	14.2M	-26.5M	-110.3M	-63.1M	78.5M	204.7M	16.3M	-104.8M	-670.9M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	83.1M	132.9M	78.7M	139.6M	165.5M	93.8M	82.8M	235.3M	315.3M	85.7M	107.7M	333M
Depreciation & amortization	70.6M	79M	82.4M	101M	114.7M	139.6M	126M	176.9M	210.9M	225.1M	229.7M	273.2M
Stock-based compensation	4M	5.9M	6.6M	9.8M	12.2M	6.3M	10.2M	9.3M	18.4M	18.1M	18.8M	19.1M
Change in working capital	-65.6M	62.4M	-121.7M	-7.7M	-65.5M	94.2M	-101.9M	-96.8M	-61.4M	-2.9M	-272.1M	204.1M
Operating cash flow	132.9M	371.1M	84.5M	297.4M	275.3M	386.9M	205.3M	284.7M	303.9M	435.3M	85.7M	987.2M
Capital expenditure	-162.8M	-230.9M	-147.7M	-272.2M	-326.2M	-306.5M	-286.2M	-495.9M	—	—	—	—
Investing cash flow	-159.9M	-236.8M	-136.8M	-272.8M	-327.9M	-307.6M	-309.1M	-1.3B	-4.9M	-14.2M	-92M	-390.5M
Dividends paid	0	0	0	0	0	0	0	0	0	0	0	0
Share repurchases	0	0	—	-50M	-49.9M	0	—	0	-50M	0	—	—
Financing cash flow	34.3M	-65.6M	38.6M	167M	8.7M	480.8M	222.3M	822.9M	235.2M	217.4M	436.8M	5.2M
Net change in cash	7.3M	68.6M	-13.7M	191.5M	-43.9M	560.2M	118.6M	-238.8M	534.2M	638.5M	430.5M	601.9M
Free cash flow	-46.7M	112M	-95.2M	7.5M	-74M	56.8M	-221.6M	-505.9M	-31.6M	88.2M	-252.6M	484.8M

Vista Energy, S.A.B. de C.V. ADR Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement