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Talen Energy Corporation(TLN)Earnings, Financials & Key Ratios
TLN•NASDAQ•Utilities
$390.55
$17.85B mkt cap·Price updated May 7, 2026
AboutTalen Energy Corporation, an independent power producer and infrastructure company, produces and sells electricity, capacity, and ancillary services into wholesale power markets in the United States. The company operates nuclear, fossil, solar, and coal power plants. It is also developing battery storage projects. The company owns and operates approximately 10.7 GW of power infrastructure. Talen Energy Corporation is headquartered in Houston, Texas.Show more
- Revenue$2.52B+21.8%
- EBITDA$208M-67.9%
- Net Income-$219M-121.9%
- Free Cash Flow-$3.39B-362.8%
- EBITDA Margin8.24%-73.6%
- Net Margin-8.67%-118.0%
- ROE-17.66%-134.7%
- Interest Coverage0.45-92.1%
- Debt/Equity6.23+187.7%
- Net Debt/EBITDA29.13+604.6%
- CapEx / Revenue158.53%+214.2%
- CapEx Coverage0.15-33.9%
TLN Key Insights
Talen Energy Corporation (TLN) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 31.0%
- ✓Share count reduced 19.1% through buybacks
✗Weaknesses
- ✗High debt to equity ratio of 6.2x
- ✗High leverage: 32.7x Debt/EBITDA
- ✗Weak interest coverage of 0.5x
- ✗Expensive at 16.3x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
TLN Price & Volume
Talen Energy Corporation (TLN) stock price & volume — 10-year historical chart
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TLN Growth Metrics
Talen Energy Corporation (TLN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-6.92%
3 Years1.54%
TTM44.85%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-103.69%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-106.35%
Return on Capital
10 Years-1.25%
5 Years-1.76%
3 Years1.37%
Last Year-0.92%
TLN Recent Earnings
Talen Energy Corporation (TLN) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 4/12 qtrs (44%)●Beat Revenue 5/12 qtrs (56%)
Q2 2026Latest
May 5, 2026EPS
$1.38
Est $5.01
-72.5%
Revenue
$1.1B
Est $1.0B
+7.8%
Q1 2026
Feb 26, 2026EPS
$7.60
Est $2.62
-390.1%
Revenue
$749M
Est $664M
+12.8%
Q4 2025
Nov 5, 2025EPS
$2.38
Est $3.18
-25.2%
Revenue
$770M
Est $745M
+3.3%
Q3 2025
Aug 7, 2025EPS
$1.19
Est $1.04
-14.4%
Revenue
$454M
Est $392M
+15.8%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $1.38vs $5.01-72.5% | $1.1Bvs $1.0B+7.8% |
| Q1 2026 | Feb 26, 2026 | $7.60vs $2.62-390.1% | $749Mvs $664M+12.8% |
| Q4 2025 | Nov 5, 2025 | $2.38vs $3.18-25.2% | $770Mvs $745M+3.3% |
| Q3 2025 | Aug 7, 2025 | $1.19vs $1.04-14.4% | $454Mvs $392M+15.8% |
Based on last 12 quarters of dataView full earnings history →
TLN Peer Comparison
Talen Energy Corporation (TLN) competitors in Merchant and Diversified Power Producers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 VST | 52.15B | 154.05 | 69.70 | -12.41% | 12.74% | 57.8% | 3.99 | |
 NRG | 30.41B | 141.73 | 35.34 | 9.17% | 0.74% | 8.84% | 9.97 | |
 CEG | 97.23B | 311.28 | 42.06 | 8.34% | 9.08% | 15.61% | 0.61 | |
 GEN | 12.23B | 20.19 | 12.86 | 27.06% | 19.46% | 39.86% | 3.14 | |
 DYN | 2.89B | 17.54 | -5.05 | -61.46% | 0.02 | |||
 ETR | 51.29B | 112.03 | 28.65 | 8.98% | 13.56% | 10.57% | 1.80 | |
 PPL | 27.4B | 36.77 | 22.98 | 6.85% | 13.06% | 5.46% | 0.85 | |
 AES | 10.18B | 14.28 | 11.33 | -0.37% | 8.42% | 10.65% | 2.54 |
Compare TLN vs Peers
Talen Energy Corporation (TLN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
TLN Income Statement
Talen Energy Corporation (TLN) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'15 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|
| Revenue | 3.61B | 1.77B | 2.41B | 2.44B | 2.07B | 2.52B | 3.02B |
| Revenue Growth % | - | - | 35.89% | 1.12% | -15.01% | 21.8% | 44.85% |
| Cost of Revenue | 3.41B | 1.53B | 1.64B | 1.38B | 1.41B | 1.27B | 830M |
| Gross Profit | 203M▲ 0% | 244M▲ 20.2% | 770M▲ 215.6% | 1.05B▲ 37.0% | 664M▼ 37.1% | 1.25B▲ 89.0% | 1.06B▲ 0% |
| Gross Margin % | 5.62% | 13.75% | 31.92% | 43.26% | 32.03% | 49.7% | 35.2% |
| Gross Profit Growth % | - | - | 215.57% | 37.01% | -37.06% | 89.01% | - |
| Operating Expenses | 65M | 1.34B | 529M | 971M | 438M | 1.33B | 1.05B |
| Other Operating Expenses | - | - | - | - | - | - | - |
| EBITDA | 717M | -449M | 884M | 591M | 647M | 208M | 396M |
| EBITDA Margin % | 19.84% | -25.3% | 36.65% | 24.23% | 31.21% | 8.24% | 13.1% |
| EBITDA Growth % | - | - | 296.88% | -33.14% | 9.48% | -67.85% | -21.43% |
| Depreciation & Amortization | 579M | 651M | 643M | 507M | 421M | 279M | 151M |
| D&A / Revenue % | 16.02% | 36.68% | 26.66% | 20.79% | 20.31% | 11.05% | 5% |
| Operating Income (EBIT) | 138M▲ 0% | -1.1B▼ 897.1% | 241M▲ 121.9% | 84M▼ 65.1% | 226M▲ 169.0% | -71M▼ 131.4% | 245M▲ 0% |
| Operating Margin % | 3.82% | -61.97% | 9.99% | 3.44% | 10.9% | -2.81% | 8.1% |
| Operating Income Growth % | - | - | 121.91% | -65.15% | 169.05% | -131.42% | - |
| Interest Expense | 211M | 325M | 359M | 335M | 238M | 302M | 2M |
| Interest Coverage | 0.65x | -2.93x | -2.70x | 1.40x | 5.67x | 0.45x | - |
| Interest / Revenue % | 5.84% | 18.31% | 14.88% | 13.74% | 11.48% | 11.96% | 0.07% |
| Non-Operating Income | -1000K | -1000K | -1000K | 1000K | 1000K | -1000K | 1000K |
| Pretax Income | -368M▲ 0% | -1.28B▼ 247.0% | -1.33B▼ 4.0% | 871M▲ 165.6% | 1.11B▲ 27.6% | -166M▼ 114.9% | 102M▲ 0% |
| Pretax Margin % | -10.18% | -71.94% | -55.06% | 35.71% | 53.59% | -6.57% | 3.37% |
| Income Tax | -27M | -300M | -35M | 263M | 98M | 53M | 87M |
| Effective Tax Rate % | 7.34% | 23.49% | 2.64% | 30.2% | 8.82% | -31.93% | 85.29% |
| Net Income | -341M▲ 0% | -977M▼ 186.5% | -1.29B▼ 31.9% | 613M▲ 147.6% | 998M▲ 62.8% | -219M▼ 121.9% | -21M▲ 0% |
| Net Margin % | -9.44% | -55.04% | -53.44% | 25.13% | 48.14% | -8.67% | -0.69% |
| Net Income Growth % | - | - | -31.93% | 147.56% | 62.81% | -121.94% | -103.69% |
| EPS (Diluted) | -3.10▲ 0% | -21.72▼ 600.6% | -28.66▼ 32.0% | 10.38▲ 136.2% | 17.67▲ 70.2% | -4.79▼ 127.1% | -0.44▲ 0% |
| EPS Growth % | - | - | -31.95% | 136.22% | 70.23% | -127.11% | -106.35% |
| EPS (Basic) | -3.10 | -21.72 | -28.66 | 10.38 | 18.39 | -4.79 | - |
| Diluted Shares Outstanding | 109.9M | 44.97M | 44.97M | 59.03M | 56.49M | 45.69M | 47.43M |
TLN Balance Sheet
Talen Energy Corporation (TLN) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'15 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|
| Total Assets | 12.83B | 10.05B | 10.72B | 7.12B | 6.11B | 10.9B | 10.99B |
| Asset Growth % | - | - | 6.65% | -33.59% | -14.25% | 78.59% | 137.34% |
| PP&E (Net) | 8.59B | 4.66B | 4.63B | 3.84B | 3.15B | 7.55B | 7.5B |
| PP&E / Total Assets % | 66.95% | 46.3% | 43.2% | 53.91% | 51.57% | 69.2% | 68.22% |
| Total Current Assets | 2.76B | 2.8B | 4.26B | 1.55B | 1.04B | 1.35B | 1.51B |
| Cash & Equivalents | 247M | 276M | 988M | 400M | 329M | 752M | 1.03B |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Inventory | 508M | 403M | 457M | 375M | 302M | 278M | 244M |
| Other Current Assets | 966M | 2B | 2.41B | 642M | 286M | 123M | 80M |
| Long-Term Investments | 25M | 0 | 1.65B | 1.57B | 1.72B | 0 | 3.66B |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 310M | 80M | 73M | 0 | 5M | 0 | 0 |
| Other Assets | 1.14B | 2.52B | 101M | 153M | 188M | 2.01B | 1.99B |
| Total Liabilities | 8.52B | 9.32B | 11.2B | 4.59B | 4.72B | 9.81B | 9.92B |
| Total Debt | 4.81B | 4.74B | 4.35B | 2.82B | 3B | 6.81B | 6.81B |
| Net Debt | 4.67B | 4.47B | 3.36B | 2.42B | 2.67B | 6.06B | 5.78B |
| Long-Term Debt | 3.8B | 3.73B | 2.49B | 2.81B | 2.99B | 6.78B | 6.78B |
| Short-Term Borrowings | 1.01B | 1.01B | 1.86B | 9M | 17M | 29M | 29M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 2.09B | 3.51B | 4.86B | 486M | 455M | 1.05B | 1.21B |
| Accounts Payable | 291M | 280M | 454M | 344M | 266M | 0 | 0 |
| Accrued Expenses | 43M | 67M | 0 | 32M | 18M | 0 | 83M |
| Deferred Revenue | 44M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 731M | 2.15B | 2.55B | 101M | 154M | 1.02B | 1.18B |
| Deferred Taxes | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1.68B |
| Other Liabilities | 2.63B | 1.86B | 3.77B | 883M | 915M | 1.49B | 1.45B |
| Total Equity | 4.3B▲ 0% | 733M▼ 83.0% | -482M▼ 165.8% | 2.53B▲ 625.7% | 1.39B▼ 45.3% | 1.09B▼ 21.2% | 1.07B▲ 0% |
| Equity Growth % | - | - | -165.76% | 625.73% | -45.26% | -21.2% | -121.74% |
| Shareholders Equity | 4.3B | 733M | -573M | 2.46B | 1.39B | 1.09B | 1.07B |
| Minority Interest | 0 | 0 | 91M | 77M | 0 | 0 | 0 |
| Common Stock | 0 | 0 | -573M | 0 | 0 | 0 | 0 |
| Additional Paid-in Capital | 4.7B | 0 | 0 | 2.35B | 1.73B | 0 | 0 |
| Retained Earnings | -373M | 0 | 0 | 134M | -326M | -612M | -638M |
| Accumulated OCI | -26M | 0 | 0 | -23M | -12M | -4M | -11M |
| Return on Assets (ROA) | -2.66% | -9.72% | -12.41% | 6.87% | 15.09% | -2.57% | -0.25% |
| Return on Equity (ROE) | -7.92% | -133.29% | -1027.09% | 59.75% | 50.91% | -17.66% | -1.72% |
| Debt / Equity | 1.12x | 6.47x | - | 1.11x | 2.17x | 6.23x | 6.23x |
| Debt / Assets | 37.51% | 47.17% | 40.59% | 39.6% | 49.2% | 62.46% | 61.92% |
| Net Debt / EBITDA | 6.51x | - | 3.81x | 4.09x | 4.13x | 29.13x | 29.13x |
| Book Value per Share | 39.15 | 16.3 | -10.72 | 42.93 | 24.55 | 23.92 | 22.62 |
TLN Cash Flow Statement
Talen Energy Corporation (TLN) cash flow — operating, investing & free cash flow history
| Line item | Dec'15 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|
| Cash from Operations | 768M | -294M | 187M | 864M | 243M | 615M | 615M |
| Operating CF Growth % | - | - | 163.61% | 362.03% | -71.88% | 153.09% | 2675.94% |
| Operating CF / Revenue % | 21.25% | -16.56% | 7.75% | 35.42% | 11.72% | 24.36% | 20.34% |
| Net Income | -341M | -977M | -1.29B | 613M | 998M | -219M | -21M |
| Depreciation & Amortization | 579M | 555M | 616M | 507M | 421M | 279M | 294M |
| Deferred Taxes | -61M | -324M | -48M | 250M | -46M | 120M | 195M |
| Other Non-Cash Items | 1.76B | 472M | 560M | -694M | -1.12B | 12M | 148M |
| Working Capital Changes | -47M | -20M | 348M | 188M | -9M | -103M | -73M |
| Capital Expenditures | -915M | -224M | -312M | -348M | 1.05B | -4B | -3.85B |
| CapEx / Revenue % | 25.32% | 8% | 12.94% | 14.27% | 50.46% | 158.53% | 126.66% |
| CapEx / D&A | 1.58x | 0.26x | 0.51x | 0.69x | 2.48x | 14.35x | 13.02x |
| CapEx Coverage (OCF/CapEx) | 0.84x | -2.07x | 0.60x | 2.48x | 0.23x | 0.15x | 0.16x |
| Cash from Investing | -915M | -280M | -368M | -347M | 1.05B | -4B | -4.01B |
| Acquisitions | -487M | -65M | 0 | 35M | 1.27B | 0 | -3.79B |
| Purchase of Investments | -196M | -1.83B | -2.43B | -2.26B | -2.31B | 0 | 482M |
| Sale of Investments | 1000K | 1.82B | 2.24B | 2.21B | 2.26B | 1.93B | 1.45B |
| Other Investing | 109M | -56M | 134M | 14M | 2M | -5.93B | -2.12B |
| Cash from Financing | -64M | 956M | 426M | -604M | -1.82B | 3.77B | 3.69B |
| Dividends Paid | -217M | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Payout Ratio % | - | - | - | - | - | - | - |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | -1000K |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | -40M | -1.96B | -103M | -20M |
| Other Financing | 50M | 139M | -109M | 1.38B | -55M | 5M | 3.72B |
| Net Change in Cash | -832M▲ 0% | 382M▲ 145.9% | 741M▲ 94.0% | -87M▼ 111.7% | -536M▼ 516.1% | 387M▲ 172.2% | 707M▲ 0% |
| Exchange Rate Effect | 0 | 0 | 496M | 0 | 0 | 0 | 0 |
| Cash at Beginning | 1.08B | 361M | 247M | 988M | 901M | 365M | 752M |
| Cash at End | 247M | 743M | 988M | 901M | 365M | 752M | 1.03B |
| Free Cash Flow | -147M▲ 0% | -518M▼ 252.4% | -125M▲ 75.9% | 516M▲ 512.8% | 1.29B▲ 149.8% | -3.39B▼ 362.8% | -2.82B▲ 0% |
| FCF Growth % | - | - | 75.87% | 512.8% | 149.81% | -362.84% | -367.23% |
| FCF Margin % | -4.07% | -29.18% | -5.18% | 21.16% | 62.18% | -134.18% | -93.35% |
| FCF / Net Income % | 43.11% | 53.02% | 9.7% | 84.18% | 129.16% | 1547.03% | 13438.1% |
TLN Key Ratios
Talen Energy Corporation (TLN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -133.29% | -1027.09% | 59.75% | 50.91% | -17.66% | -1.72% |
| EBITDA Margin | -25.3% | 36.65% | 24.23% | 31.21% | 8.24% | 13.1% |
| Net Debt / EBITDA | - | 3.81x | 4.09x | 4.13x | 29.13x | 29.13x |
| Interest Coverage | -2.93x | -2.70x | 1.40x | 5.67x | 0.45x | - |
| CapEx / Revenue | 8% | 12.94% | 14.27% | 50.46% | 158.53% | 126.66% |
| Dividend Payout Ratio | - | - | - | - | - | 0% |
| Debt / Equity | 6.47x | - | 1.11x | 2.17x | 6.23x | 6.23x |
| EPS Growth | - | -31.95% | 136.22% | 70.23% | -127.11% | -106.35% |
TLN SEC Filings & Documents
Talen Energy Corporation (TLN) SEC filings — annual & quarterly reports (10-K, 10-Q)
TLN Frequently Asked Questions
Talen Energy Corporation (TLN) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Talen Energy Corporation (TLN) reported $3.02B in revenue for fiscal year 2025. This represents a 16% decrease from $3.61B in 2015.
Talen Energy Corporation (TLN) grew revenue by 21.8% over the past year. This is strong growth.
Talen Energy Corporation (TLN) reported a net loss of $21.0M for fiscal year 2025.
Dividend & Returns
Talen Energy Corporation (TLN) has a return on equity (ROE) of -17.7%. Negative ROE indicates the company is unprofitable.
Talen Energy Corporation (TLN) had negative free cash flow of $2.82B in fiscal year 2025, likely due to heavy capital investments.
Industry Metrics
Talen Energy Corporation (TLN) has a dividend payout ratio of 0%. This suggests the dividend is well-covered and sustainable.
Explore More TLN
Talen Energy Corporation (TLN) financial analysis — history, returns, DCA and operating performance tools
Full TLN Stock Analysis
Analyst verdict, bull/bear case, risk factors and peer comparison
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates