Vista Energy, S.A.B. de C.V. (VIST) Key Metrics

NYSE: VISTValuation, returns, debt and efficiency ratios over 10 years.

VIST valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$7.96B
Enterprise value
$10.92B
P/E (TTM)
9.4
10-yr median 7.4
Forward P/E
6.3
PEG ratio
—
Price / sales
2.3
10-yr median 1.5
Price / book
2.3
10-yr median 1.8
EV / EBITDA
4.6
10-yr median 4.0
Dividend yield
—
Beta
−0.46

VIST key metrics, 2013–2025

Fiscal year ended December 31, 2025 · U.S. dollars

VIST valuation Price multiples at each fiscal year-end price.

P/E ratio−37.9%
7.3
2025 · hover or tap a bar for each year
2021: 9.82022: 5.7 (−42.1%)2023: 7.4 (+29.8%)2024: 11.7 (+58.3%)2025: 7.3 (−37.9%)
20132025
Price / sales−37.7%
2.1
2025 · hover or tap a bar for each year
2019: 1.52020: 0.8 (−45.9%)2021: 0.8 (−6.7%)2022: 1.3 (+75.7%)2023: 2.5 (+87.1%)2024: 3.4 (+35.1%)2025: 2.1 (−37.7%)
20132025
Price / book−39.6%
2.1
2025 · hover or tap a bar for each year
2019: 1.02020: 0.4 (−57.7%)2021: 0.9 (+99.7%)2022: 1.8 (+106.4%)2023: 2.3 (+29.4%)2024: 3.4 (+46.5%)2025: 2.1 (−39.6%)
20132025
EV / EBITDA−30.3%
4.0
2025 · hover or tap a bar for each year
2019: 4.92020: 6.7 (+35.9%)2021: 2.0 (−69.4%)2022: 2.7 (+29.7%)2023: 4.0 (+50.8%)2024: 5.8 (+44.7%)2025: 4.0 (−30.3%)
20132025
Free cash flow yield−13.9 pts
−15.7%
2025 · hover or tap a bar for each year
2019: −17.5%2020: −28.2% (−10.7 pts)2021: 15.8% (+44.0 pts)2022: 13.3% (−2.4 pts)2023: 0.6% (−12.8 pts)2024: −1.9% (−2.4 pts)2025: −15.7% (−13.9 pts)
20132025

VIST valuation history

Fiscal year-endToday10-year median

VIST returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

VIST debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

VIST cash returned to shareholders

DividendsBuybacksFree cash flow

VIST price vs earnings per share

Share price at year-endEPS (right axis)

VIST key metrics

2013–2025
Vista Energy, S.A.B. de C.V. key metrics by fiscal year
2025202420232022202120202019201820172013
Valuation
Market capitalization$5.22B$5.58B$2.93B$1.53B$497.2M$223.9M$628.5M———
Enterprise value$7.98B$6.36B$3.40B$1.87B$819.9M$584.1M$848.9M———
P/E ratio7.311.77.45.79.8—————
Price / sales2.13.42.51.30.80.81.5———
Price / book2.13.42.31.80.90.41.0———
Price / free cash flow——179.67.56.3—————
Price / operating cash flow8.25.84.12.21.22.44.7———
EV / sales3.23.92.91.61.32.12.0———
EV / EBITDA4.05.84.02.72.06.74.9———
EV / free cash flow——208.79.110.4—————
Earnings yield13.8%8.6%13.6%17.6%10.2%−45.9%−5.2%———
Free cash flow yield−15.7%−1.9%0.6%13.3%15.8%−28.2%−17.5%———
Dividend yield0.0%0.0%0.0%0.0%0.0%0.0%14.4%———
Shareholder yield (dividends + buybacks)1.0%1.8%0.2%1.9%0.0%0.0%28.7%———
Share price at fiscal year-end$48.66$54.11$29.51$15.66$5.33$2.56$7.85———
Per share
Revenue per share$23.08$15.99$11.78$11.69$6.99$3.13$5.20$5.85$2.08—
Earnings per share$6.71$4.63$4.00$2.76$0.54−$1.17−$0.41−$0.53$0.15—
Operating cash flow per share$5.96$9.30$7.18$7.05$4.30$1.07$1.68$2.17$0.48—
Free cash flow per share−$7.66−$1.02$0.16$2.09$0.84−$0.72−$1.38−$0.47$0.15—
Cash per share$5.02$7.41$2.15$2.50$3.38$2.32$3.09$1.55$0.03—
Book value per share$23.43$15.73$12.57$8.63$6.06$5.81$7.54$8.47$0.10—
Tangible book value per share$23.04$15.36$12.24$8.27$5.71$5.25$6.76$7.41$0.09—
Dividends per share$0.00$0.00$0.00$0.00$0.00$0.00$1.13$9.80$0.07—
Capex per share$13.62$10.32$7.01$4.96$3.46$1.79$3.05$2.64$0.33—
Debt per share$30.76$14.98$6.92$5.91$6.84$6.44$5.85$5.38$6.73—
Shares outstanding107.2M103.1M99.2M97.8M93.3M87.5M80.1M56.6M95.4M—
Change in shares outstanding+4.0%+3.9%+1.4%+4.9%+6.6%+9.2%+41.4%−40.7%——
Returns & profitability
Return on equity (ROE)34.8%33.3%38.0%38.3%9.4%−18.5%−6.0%−12.2%175.7%—
Return on invested capital (ROIC)15.5%24.5%31.7%31.9%12.0%−6.5%1.5%4.0%4.4%—
Return on assets (ROA)12.7%14.0%17.1%14.5%3.3%−7.5%−2.6%−3.4%4.2%—
Return on tangible assets10.2%11.4%15.5%13.5%3.1%−7.8%−2.5%−2.9%2.1%—
Free cash flow margin−33.2%−6.4%1.4%17.9%12.0%−23.0%−26.5%−8.0%7.2%—
Income quality (OCF / net income)0.892.011.792.567.92———3.30—
Financial health
Total debt$3.30B$1.54B$686.5M$578.5M$638.0M$563.5M$468.2M$304.8M$642.1M—
Cash & short-term investments$538.4M$764.3M$213.3M$245.0M$315.3M$203.3M$247.8M$87.8M$2.7M$8.2M
Net debt$2.76B$779.9M$473.3M$333.6M$322.7M$360.2M$220.4M$217.0M$639.4M−$8.2M
Debt / equity1.310.950.550.691.131.110.780.6465.72—
Debt / assets0.460.360.260.280.380.410.340.280.98—
Net debt / EBITDA1.400.710.560.480.814.131.282.007.65—
Current ratio0.860.991.190.850.970.801.931.389.32—
Quick ratio0.860.991.160.820.940.761.831.24−19.39—
Interest coverage3.69.323.815.93.8-1.30.43.4——
Working capital−$140.7M−$5.5M$66.5M−$60.7M−$10.7M−$65.9M$179.5M$51.0M$2.4M—
Invested capital$5.27B$2.40B$1.72B$1.18B$888.0M$868.7M$824.1M$696.6M$649.2M−$2.2M
Tangible asset value$2.47B$1.58B$1.21B$809.0M$533.0M$459.0M$541.2M$419.6M$8.7M$6.1M
Net current asset value−$3.71B−$1.56B−$925.1M−$846.2M−$743.4M−$596.3M−$408.8M−$421.3M−$642.9M—
Graham number$59.46$40.49$33.63$23.13$8.60———$0.58—
Graham net-net per share−$35.42−$17.11−$10.27−$9.21−$8.28−$7.26−$6.02−$8.22−$6.38—
Capital allocation
Dividends paid$0$0$0$0$0$0$90.2M$555.0M$6.7M—
Share buybacks (net)$50.2M$99.8M$5.5M$29.3M$0$0$90.2M$204.6M$0—
Dividend payout ratio0.0%0.0%0.0%0.0%0.0%———48.4%—
Dividends + buybacks / free cash flow——33.7%14.3%0.0%———47.4%—
Capex / revenue59.0%64.6%59.5%42.4%49.5%57.3%58.8%45.1%16.0%18.9%
Capex / operating cash flow228.7%110.9%97.7%70.4%80.4%167.3%182.1%121.6%69.0%—
Capex / depreciation1.982.432.522.071.691.061.602.000.50—
Stock-based compensation / revenue2.3%2.1%2.0%1.4%1.6%3.8%2.6%1.2%−11.5%—
R&D / revenue—————————1,058.3%
SG&A / revenue12.4%12.3%5.7%8.4%6.5%17.6%16.3%14.2%2.4%—
Efficiency
Days sales outstanding33.528.832.713.915.854.450.654.574.1—
Days of inventory on hand2.26.56.59.513.222.220.722.717.2—
Days payables outstanding117.3298.1126.8112.2112.0118.873.981.022.931.4
Cash conversion cycle (days)-81.6-262.8-87.6-88.8-83.0-42.2-2.6-3.868.4—
Receivables turnover10.9012.6711.1626.2623.096.717.226.704.93—
Payables turnover3.111.222.883.253.263.074.944.5115.9711.62
Inventory turnover163.1555.9456.4938.2427.7116.4717.6016.1021.23—
Asset turnover0.440.480.500.610.430.200.340.380.600.10
Average receivables$227.0M$130.0M$104.7M$43.6M$28.2M$40.9M$57.6M$49.5M$40.2M—
Average payables$417.6M$320.2M$200.6M$157.9M$118.3M$88.3M$66.4M$47.2M$10.9M$1.1M
Average inventory$8.0M$7.0M$10.2M$13.4M$13.9M$16.5M$18.6M$13.2M$8.2M—
Intangibles / total assets0.6%0.9%1.3%1.7%1.9%3.6%4.5%5.5%0.2%0.0%

Computed from VIST's annual financial statements (latest annual report filed April 28, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

VIST valuation and financial ratios

At the end of fiscal 2025 (December 31, 2025), Vista Energy, S.A.B. de C.V. traded at 7.3 times earnings, against a 10-year median of 7.4. Based on the latest twelve months, the trailing P/E is 9.4 and the forward P/E is 6.3. Vista Energy, S.A.B. de C.V. earned a return on equity of 34.8% and a return on invested capital of 15.5% in fiscal 2025. It ended the year with $3.3 billion of debt and $538.4 million in cash and short-term investments, net debt of $2.8 billion. It returned $50.2 million to shareholders: $0 in dividends and $50.2 million in share buybacks.

See the VIST income statement, the VIST chart for price history, or the VIST stock overview for the latest quote and news.

VIST key metrics FAQ

What is Vista Energy, S.A.B. de C.V.'s P/E ratio?

Vista Energy, S.A.B. de C.V.'s trailing P/E ratio is 9.4 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 6.3. At the end of fiscal 2025 it was 7.3, compared with a 10-year median of 7.4.

What is Vista Energy, S.A.B. de C.V.'s EV/EBITDA?

Vista Energy, S.A.B. de C.V.'s enterprise value was 4.0 times EBITDA at the end of fiscal 2025 (enterprise value $8.0 billion, EBITDA $2.0 billion); the current EV/EBITDA is 4.6.

What is Vista Energy, S.A.B. de C.V.'s return on equity?

Vista Energy, S.A.B. de C.V.'s return on equity (ROE) was 34.8% in fiscal 2025: net income of $719.1 million on average shareholders' equity of $2.1 billion.

What is Vista Energy, S.A.B. de C.V.'s ROIC?

Vista Energy, S.A.B. de C.V.'s return on invested capital was 15.5% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Vista Energy, S.A.B. de C.V. have?

Vista Energy, S.A.B. de C.V. had total debt of $3.3 billion at the end of fiscal 2025, a debt-to-equity ratio of 1.31 and $2.8 billion of net debt (1.40 times EBITDA).

Does Vista Energy, S.A.B. de C.V. pay a dividend?

Vista Energy, S.A.B. de C.V. did not pay a dividend in fiscal 2025.

Does Vista Energy, S.A.B. de C.V. buy back its shares?

Yes. Vista Energy, S.A.B. de C.V. spent $50.2 million on net share repurchases in fiscal 2025 Shares outstanding changed +4.0% over the year, to 107.2M..

What is Vista Energy, S.A.B. de C.V.'s free cash flow yield?

Vista Energy, S.A.B. de C.V. generated -$821.6 million of free cash flow in fiscal 2025, a free cash flow yield of −15.7% on its market value at year-end ($5.2 billion).

What is Vista Energy, S.A.B. de C.V.'s current ratio?

Vista Energy, S.A.B. de C.V.'s current ratio was 0.86 at the end of fiscal 2025: current assets were 0.86 times current liabilities.

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