Independent Power Producers
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5 / 10Stock Comparison
TLN vs VST vs NRG vs CEG vs GEN
Revenue, margins, valuation, and 5-year total return — side by side.
Independent Power Producers
Independent Power Producers
Renewable Utilities
Software - Infrastructure
TLN vs VST vs NRG vs CEG vs GEN — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Independent Power Producers | Independent Power Producers | Independent Power Producers | Renewable Utilities | Software - Infrastructure |
| Market Cap | $17.85B | $52.15B | $30.41B | $97.23B | $12.23B |
| Revenue (TTM) | $3.02B | $17.20B | $32.38B | $25.53B | $5.00B |
| Net Income (TTM) | $-21M | $2.19B | $239M | $2.32B | $973M |
| Gross Margin | 35.2% | 6.5% | 14.5% | 75.8% | 78.5% |
| Operating Margin | 8.1% | 7.6% | 3.2% | 12.1% | 42.4% |
| Forward P/E | 17.8x | 18.0x | 15.5x | 26.8x | 7.9x |
| Total Debt | $6.81B | $20.39B | $16.77B | $8.99B | $8.20B |
| Cash & Equiv. | $752M | $816M | $4.74B | $3.75B | $411M |
TLN vs VST vs NRG vs CEG vs GEN — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Jun 23 | May 26 | Return |
|---|---|---|---|
| Talen Energy Corpor… (TLN) | 100 | 778.8 | +678.8% |
| Vistra Corp. (VST) | 100 | 586.8 | +486.8% |
| NRG Energy, Inc. (NRG) | 100 | 379.1 | +279.1% |
| Constellation Energ… (CEG) | 100 | 340.0 | +240.0% |
| Gen Digital Inc. (GEN) | 100 | 108.8 | +8.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: TLN vs VST vs NRG vs CEG vs GEN
Each card shows where this stock fits in a portfolio — not just who wins on paper.
TLN is the #2 pick in this set and the best alternative if momentum is your priority.
- +68.8% vs GEN's -25.7%
VST ranks third and is worth considering specifically for long-term compounding.
- 9.4% 10Y total return vs TLN's 7.4%
- 7.4% ROA vs TLN's -0.2%, ROIC 4.3% vs -0.9%
NRG is the clearest fit if your priority is dividends.
- 1.5% yield, 8-year raise streak, vs GEN's 2.5%, (1 stock pays no dividend)
CEG is the clearest fit if your priority is sleep-well-at-night and valuation efficiency.
- Lower volatility, beta 1.44, Low D/E 60.5%, current ratio 1.53x
- PEG 0.82 vs GEN's 2.90
GEN carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 1 yrs, beta 0.98, yield 2.5%
- Rev growth 27.1%, EPS growth 52.4%, 3Y rev CAGR 14.7%
- Beta 0.98, yield 2.5%, current ratio 0.40x
- 27.1% revenue growth vs VST's -12.4%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 27.1% revenue growth vs VST's -12.4% | |
| Value | Lower P/E (7.9x vs 15.5x) | |
| Quality / Margins | 19.5% margin vs TLN's -0.7% | |
| Stability / Safety | Beta 0.98 vs NRG's 1.84, lower leverage | |
| Dividends | 1.5% yield, 8-year raise streak, vs GEN's 2.5%, (1 stock pays no dividend) | |
| Momentum (1Y) | +68.8% vs GEN's -25.7% | |
| Efficiency (ROA) | 7.4% ROA vs TLN's -0.2%, ROIC 4.3% vs -0.9% |
TLN vs VST vs NRG vs CEG vs GEN — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
TLN vs VST vs NRG vs CEG vs GEN — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
GEN leads in 2 of 6 categories
CEG leads 1 • TLN leads 1 • VST leads 0 • NRG leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
GEN leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
NRG is the larger business by revenue, generating $32.4B annually — 10.7x TLN's $3.0B. GEN is the more profitable business, keeping 19.5% of every revenue dollar as net income compared to TLN's -0.7%. On growth, TLN holds the edge at +78.9% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $3.0B | $17.2B | $32.4B | $25.5B | $5.0B |
| EBITDAEarnings before interest/tax | $396M | $3.1B | $3.1B | $4.7B | $2.5B |
| Net IncomeAfter-tax profit | -$21M | $2.2B | $239M | $2.3B | $973M |
| Free Cash FlowCash after capex | -$2.8B | $2.0B | -$7.7B | $1.3B | $1.5B |
| Gross MarginGross profit ÷ Revenue | +35.2% | +6.5% | +14.5% | +75.8% | +78.5% |
| Operating MarginEBIT ÷ Revenue | +8.1% | +7.6% | +3.2% | +12.1% | +42.4% |
| Net MarginNet income ÷ Revenue | -0.7% | +12.7% | +0.7% | +9.1% | +19.5% |
| FCF MarginFCF ÷ Revenue | -93.4% | +11.7% | -23.7% | +5.0% | +29.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | +78.9% | +9.1% | +19.5% | +1.4% | +27.0% |
| EPS Growth (YoY)Latest quarter vs prior year | +145.2% | +100.0% | -85.6% | -49.1% | +2.7% |
Valuation Metrics
GEN leads this category, winning 5 of 7 comparable metrics.
Valuation Metrics
At 12.9x trailing earnings, GEN trades at a 82% valuation discount to VST's 69.7x P/E. Adjusting for growth (PEG ratio), GEN offers better value at 1.14x vs VST's 6.23x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $17.8B | $52.2B | $30.4B | $97.2B | $12.2B |
| Enterprise ValueMkt cap + debt − cash | $23.9B | $71.7B | $42.4B | $102.5B | $20.0B |
| Trailing P/EPrice ÷ TTM EPS | -81.53x | 69.70x | 35.34x | 42.06x | 12.86x |
| Forward P/EPrice ÷ next-FY EPS est. | 17.76x | 17.95x | 15.46x | 26.83x | 7.92x |
| PEG RatioP/E ÷ EPS growth rate | — | 6.23x | 2.50x | 1.29x | 1.14x |
| EV / EBITDAEnterprise value multiple | 114.93x | 16.74x | 11.15x | 25.17x | 9.44x |
| Price / SalesMarket cap ÷ Revenue | 7.07x | 3.07x | 0.99x | 3.81x | 2.45x |
| Price / BookPrice ÷ Book value/share | 16.33x | 10.24x | 16.78x | 6.58x | 4.79x |
| Price / FCFMarket cap ÷ FCF | — | 404.28x | 39.70x | 75.49x | 8.03x |
Profitability & Efficiency
CEG leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
VST delivers a 57.8% return on equity — every $100 of shareholder capital generates $58 in annual profit, vs $-2 for TLN. CEG carries lower financial leverage with a 0.61x debt-to-equity ratio, signaling a more conservative balance sheet compared to NRG's 9.97x. On the Piotroski fundamental quality scale (0–9), CEG scores 7/9 vs VST's 4/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | -1.7% | +57.8% | +8.8% | +15.6% | +39.9% |
| ROA (TTM)Return on assets | -0.2% | +7.4% | +0.8% | +4.1% | +6.1% |
| ROICReturn on invested capital | -0.9% | +4.3% | +10.6% | +11.9% | +15.9% |
| ROCEReturn on capital employed | -0.9% | +4.5% | +10.2% | +6.5% | +16.6% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 4 | 6 | 7 | 7 |
| Debt / EquityFinancial leverage | 6.23x | 3.99x | 9.97x | 0.61x | 3.14x |
| Net DebtTotal debt minus cash | $6.1B | $19.6B | $12.0B | $5.2B | $7.8B |
| Cash & Equiv.Liquid assets | $752M | $816M | $4.7B | $3.7B | $411M |
| Total DebtShort + long-term debt | $6.8B | $20.4B | $16.8B | $9.0B | $8.2B |
| Interest CoverageEBIT ÷ Interest expense | 0.45x | 1.95x | 2.40x | 6.04x | 4.15x |
Total Returns (Dividends Reinvested)
TLN leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in VST five years ago would be worth $98,469 today (with dividends reinvested), compared to $10,754 for GEN. Over the past 12 months, TLN leads with a +68.8% total return vs GEN's -25.7%. The 3-year compound annual growth rate (CAGR) favors TLN at 103.3% vs GEN's 8.4% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | -1.6% | -6.6% | -14.1% | -14.9% | -22.1% |
| 1-Year ReturnPast 12 months | +68.8% | +11.1% | +21.0% | +16.7% | -25.7% |
| 3-Year ReturnCumulative with dividends | +739.9% | +570.1% | +369.0% | +300.9% | +27.2% |
| 5-Year ReturnCumulative with dividends | +739.9% | +884.7% | +330.5% | +653.2% | +7.5% |
| 10-Year ReturnCumulative with dividends | +739.9% | +942.3% | +870.6% | +653.2% | +119.3% |
| CAGR (3Y)Annualised 3-year return | +103.3% | +88.5% | +67.4% | +58.9% | +8.4% |
Risk & Volatility
Evenly matched — TLN and GEN each lead in 1 of 2 comparable metrics.
Risk & Volatility
GEN is the less volatile stock with a 0.98 beta — it tends to amplify market swings less than NRG's 1.84 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. TLN currently trades 86.5% from its 52-week high vs GEN's 62.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.53x | 1.56x | 1.84x | 1.44x | 0.98x |
| 52-Week HighHighest price in past year | $451.28 | $219.82 | $189.96 | $412.70 | $32.22 |
| 52-Week LowLowest price in past year | $220.59 | $133.73 | $115.48 | $243.30 | $17.78 |
| % of 52W HighCurrent price vs 52-week peak | +86.5% | +70.1% | +74.6% | +75.4% | +62.7% |
| RSI (14)Momentum oscillator 0–100 | 69.9 | 49.5 | 44.4 | 60.7 | 49.3 |
| Avg Volume (50D)Average daily shares traded | 717K | 4.1M | 2.8M | 2.8M | 6.4M |
Analyst Outlook
Evenly matched — NRG and GEN each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: TLN as "Buy", VST as "Buy", NRG as "Buy", CEG as "Buy", GEN as "Buy". Consensus price targets imply 58.5% upside for GEN (target: $32) vs 21.8% for TLN (target: $476). For income investors, GEN offers the higher dividend yield at 2.50% vs CEG's 0.50%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $475.80 | $227.60 | $194.00 | $405.33 | $32.00 |
| # AnalystsCovering analysts | 12 | 21 | 26 | 19 | 21 |
| Dividend YieldAnnual dividend ÷ price | — | +0.6% | +1.5% | +0.5% | +2.5% |
| Dividend StreakConsecutive years of raises | 1 | 6 | 8 | 3 | 1 |
| Dividend / ShareAnnual DPS | — | $0.90 | $2.07 | $1.55 | $0.50 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.6% | +2.0% | +4.6% | +0.4% | +5.2% |
GEN leads in 2 of 6 categories (Income & Cash Flow, Valuation Metrics). CEG leads in 1 (Profitability & Efficiency). 2 tied.
TLN vs VST vs NRG vs CEG vs GEN: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is TLN or VST or NRG or CEG or GEN a better buy right now?
For growth investors, Gen Digital Inc.
(GEN) is the stronger pick with 27. 1% revenue growth year-over-year, versus -12. 4% for Vistra Corp. (VST). Gen Digital Inc. (GEN) offers the better valuation at 12. 9x trailing P/E (7. 9x forward), making it the more compelling value choice. Analysts rate Talen Energy Corporation (TLN) a "Buy" — based on 12 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — TLN or VST or NRG or CEG or GEN?
On trailing P/E, Gen Digital Inc.
(GEN) is the cheapest at 12. 9x versus Vistra Corp. at 69. 7x. On forward P/E, Gen Digital Inc. is actually cheaper at 7. 9x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Constellation Energy Corporation wins at 0. 82x versus Gen Digital Inc. 's 2. 90x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — TLN or VST or NRG or CEG or GEN?
Over the past 5 years, Vistra Corp.
(VST) delivered a total return of +884. 7%, compared to +7. 5% for Gen Digital Inc. (GEN). Over 10 years, the gap is even starker: VST returned +942. 3% versus GEN's +119. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — TLN or VST or NRG or CEG or GEN?
By beta (market sensitivity over 5 years), Gen Digital Inc.
(GEN) is the lower-risk stock at 0. 98β versus NRG Energy, Inc. 's 1. 84β — meaning NRG is approximately 88% more volatile than GEN relative to the S&P 500. On balance sheet safety, Constellation Energy Corporation (CEG) carries a lower debt/equity ratio of 61% versus 10% for NRG Energy, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — TLN or VST or NRG or CEG or GEN?
By revenue growth (latest reported year), Gen Digital Inc.
(GEN) is pulling ahead at 27. 1% versus -12. 4% for Vistra Corp. (VST). On earnings-per-share growth, the picture is similar: Gen Digital Inc. grew EPS 52. 4% year-over-year, compared to -127. 1% for Talen Energy Corporation. Over a 3-year CAGR, GEN leads at 14. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — TLN or VST or NRG or CEG or GEN?
Gen Digital Inc.
(GEN) is the more profitable company, earning 19. 5% net margin versus -8. 7% for Talen Energy Corporation — meaning it keeps 19. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: GEN leads at 42. 4% versus -2. 8% for TLN. At the gross margin level — before operating expenses — GEN leads at 78. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is TLN or VST or NRG or CEG or GEN more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Constellation Energy Corporation (CEG) is the more undervalued stock at a PEG of 0. 82x versus Gen Digital Inc. 's 2. 90x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Gen Digital Inc. (GEN) trades at 7. 9x forward P/E versus 26. 8x for Constellation Energy Corporation — 18. 9x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for GEN: 58. 5% to $32. 00.
08Which pays a better dividend — TLN or VST or NRG or CEG or GEN?
In this comparison, GEN (2.
5% yield), NRG (1. 5% yield), VST (0. 6% yield), CEG (0. 5% yield) pay a dividend. TLN does not pay a meaningful dividend and should not be held primarily for income.
09Is TLN or VST or NRG or CEG or GEN better for a retirement portfolio?
For long-horizon retirement investors, Vistra Corp.
(VST) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (0. 6% yield, +942. 3% 10Y return). Talen Energy Corporation (TLN) carries a higher beta of 1. 53 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (VST: +942. 3%, TLN: +739. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between TLN and VST and NRG and CEG and GEN?
These companies operate in different sectors (TLN (Utilities) and VST (Utilities) and NRG (Utilities) and CEG (Utilities) and GEN (Technology)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: TLN is a mid-cap high-growth stock; VST is a mid-cap quality compounder stock; NRG is a mid-cap quality compounder stock; CEG is a mid-cap quality compounder stock; GEN is a mid-cap high-growth stock. VST, NRG, GEN pay a dividend while TLN, CEG do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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