Talen Energy Corp (TLN)

Talen 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's plants generate power using a variety of fuels, such as nuclear, fossil, oil, natural gas, and coal power plants. It owns and operates approximately 13.1 GW of power infrastructure. Talen Energy Corporation was incorporated in 2014 and is headquartered in Houston, Texas.

Symbol
TLN
Exchange
Nasdaq
Sector
Utilities
Industry
Utilities - Independent Power Producers
Market cap
$14.46B
52 week range
279.77 - 451.28

Valuation

Share price
$300.34 (close of 2026-09-23)
P/E (TTM)
-74.56x
Price to book
8.83x
Price to free cash flow
25.47x
Enterprise value
$23.81B
Book value per share
$34.22

Price performance

PeriodChange
1 day+0.12%
5 days+6.45%
1 month-4.49%
3 months-27.09%
6 months-3.43%
Year to date-19.88%
1 year-29.02%
3 years+451.08%
All time+545.89%

Profitability and growth

Return on equity
-20.04%
Return on invested capital
-1.25%
Return on assets
-2.01%
Return on capital employed
-0.91%
Gross margin
21.21%
Net margin
-8.70%
EBITDA margin
7.51%
Revenue growth
59.97%
Net income growth
-121.94%
Free cash flow growth
254.39%

Cash flow and balance sheet

Free cash flow yield (TTM)
3.93%
Current ratio
0.78x
Net debt to EBITDA
12.13x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$2.52B
Cost of revenue
$1.98B
Gross profit
$534.00M
EBITDA
$189.00M
Net income
$-219.00M
Earnings per share
$-4.79
Interest expense
$302.00M
Shares outstanding
45.69M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$2.52B$534.00M$-219.00M$-4.79
2024-12-31$1.57B$389.00M$998.00M$18.40
2022-12-31$3.21B$347.00M$-1.29B$-2873.33
2015-12-31--$-341.00M$-3.10
2014-12-31--$410.00M$4.91
2013-12-31--$-230.00M$-2.75

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3121.21%-8.70%-20.04%-1.25%
2024-12-3124.71%63.41%71.95%3.15%
2022-12-3110.81%-40.29%268.26%8.36%
2015-12-31---7.92%-0.23%
2014-12-31--10.49%4.87%
2013-12-31---4.79%-3.21%

Cash and debt by year

Period endCashDebt
2025-12-31$689.00M$6.78B
2024-12-31$328.00M$2.99B
2015-12-31$141.00M$3.80B
2014-12-31$352.00M$1.68B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$606.00M$526.00M
2024-12-31$171.00M$33.00M
2022-12-31$-45.00M-
2015-12-31$317.00M$18.00M
2014-12-31$46.00M-
2013-12-31$-173.00M-

Investor relations

Next earnings report

Next confirmed report
2026-11-04
Consensus EPS estimate
$9.62

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-05Jun/2026$3.20
2026-05-05--
2026-02-26--
2025-11-05--
2025-08-07--
2025-05-08--
2025-02-27--
2024-11-14--

Filings and sources

Company website
talenenergy.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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