The latest data point for VST in Q1'26 shows an ROE of 18.38%, an ROA of 2.49%, and an ROIC of 4.98%. This represents a significant recovery and growth compared to the previous quarter, with all three metrics reaching their highest levels since Q3'24. From Q2'23 to Q1'26, the company's profitability metrics exhibited considerable volatility, characterized by sharp cyclical fluctuations. Notable troughs occurred in Q4'23 and Q1'25, where ROE and ROA dipped into negative territory, while a major peak was recorded in Q3'24 with ROE surging to 34.7%. Despite these swings, the overall trend toward the end of the period suggests a strengthening operational efficiency and capital performance.