greeksoup/ stock research
Stock research / United States / TLN · Electric Services · Nasdaq

Talen Energy Corp. (TLN)

Compare with another name

Talen Energy Corp. (TLN) reported revenue of $747 million for Q2 FY2026, the quarter ended 30 June 2026, up 18.6% on the same quarter a year earlier. Net income was -$92 million, and diluted earnings per share $-2.00. The figures are the company's own, from the 10-Q it filed with the SEC on 5 August 2026.

Revenue$747 millionup 18.6%
Net income-$92 million
Diluted EPS$-2.00
QuarterQ2 FY2026ended 30 June 2026

Talen Energy (TLN) in brief

Talen Energy (TLN) reported revenue of $2.6 billion for fiscal 2025, the year ended 31 December 2025, up 22.0% on the year before.
Read moreNet loss was $219 million and the diluted loss per share $4.79. Revenue was $2.1 billion in fiscal 2024, $2.6 billion in fiscal 2023, $3.1 billion in fiscal 2022 and $4.5 billion in fiscal 2015. Net income in the same years was $998 million, $613 million, a loss of $1.3 billion and a loss of $341 million. Over the twelve months to 30 June 2026, Talen Energy reported revenue of $3.4 billion and net loss of $185 million. Talen Energy had 48 million shares outstanding at the latest filed count. At the close of 7 October 2026 the market cap of Talen Energy was $18.1 billion.

Ratios

From the filings

ROE-11.4%
ROCE0.8%
Operating margin2.6%
Net margin-5.4%
FCF margin16.5%
Interest covern/a
Debt to equity5.92
Cash conversionn/a
Share count, 1 year4.9%
Sales CAGR, 3 years-5.8%
Profit CAGR, 3 yearsn/a
EPS, TTM-$4.02

At the close of 7 October 2026

Price$378.32
Market cap$18.1 billion
Stock P/En/a
Price to book11.21
EV / EBITDA65.70
Dividend yieldn/a
Market cap / sales5.27
52-week high$445.84
52-week low$282.15
Price, 1 year-12.2%
Price CAGR, 3 yearsn/a
Price CAGR, 5 yearsn/a
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest daily close from CBOE. Debt to equity here stands on long-term debt as Talen Energy Corp. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
TLNgreeksoup.ai
Daily closes to 7 October 2026, adjusted for splits; prices from CBOE.
Read moreDay by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on TLN

Filings28 in twelve months: 20 current reports (8-K), about 10 regulation fd disclosure; 5 material agreement; 4 results of operations; 3 other events; 3 new financial obligation
Planned insider sales2 Form 144 notices in twelve months, $21.9 million; latest 15 June 2026
Options tapeput/call 0.74 by open interest at the 8 October 2026 close; the straddle prices a 7.3% move to 16 October 2026
13F holders10 of the followed funds hold it; largest Citadel Advisors; 5 Schedule 13D or 13G filings in twelve months
Insider trading1 sale and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest2.7 million shares short, 3.58 days to cover at 15 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q2 FY2023 ‡Q3 FY2023Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue4385165094896504673906308127491,129747
R&D5.05.0n/a0.01.0n/an/an/an/an/an/an/a
Operating income-1377.025.027.015816.0-10666.0263-313210-72.0
Operating margin-31%1%5%6%24%3%-27%10%32%-42%19%-10%
Pre-tax income667-92.0388570179-26.0-18797.0304-38081.0-129
Tax rate33%n/a18%20%6%n/an/a26%32%n/a22%n/a
Net income460-77.029445416882.0-13572.0207-36363.0-92.0
Net margin105%-15%58%93%26%18%-35%11%25%-48%6%-12%
Diluted EPSn/a-$1.30$4.84$7.60$3.16$2.07-$2.94$1.50$4.25-$7.60$1.33-$2.00
Operating cash flown/a181173-23.096.010.0119-184489280461-434
Capital expendituren/a40.025.020.013.027.018.033.021.026.042.0139
Free cash flown/a141148-43.083.0-17.0101-217468254419-573
Buybacksn/a0.030.06243021,00283.020.00.00.0100198
Shares outstanding51m51m46m53m51m46m46m46m46m46m45m48m
Filing10-Q10-Q10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. ‡ Filed in two parts, up to 17 May 2023 and after it, on the old and the new accounting basis; shown added together, with per-share figures left blank. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 7 fiscal years and the trailing twelve months

FY2013FY2014FY2015FY2022FY2023 ‡FY2024FY2025TTM
Revenue4,4954,5814,4813,0892,5542,1152,5813,437
Operating income-293397-39.024184.0226-90.088.0
Operating margin-6.5%8.7%-0.9%7.8%3.3%10.7%-3.5%2.6%
Interest expense159124211n/an/an/an/an/a
Pre-tax income-420303-368-1,3288711,111-166-124
Income tax-159116-27.0-35.026398.053.061.0
Effective tax raten/a38.3%n/an/a30.2%8.8%n/an/a
Net income-230410-341-1,289613998-219-185
Net margin-5.1%9.0%-7.6%-41.7%24.0%47.2%-8.5%-5.4%
Diluted EPS-$2.75$4.91-$3.10n/an/a$17.67-$4.79-$4.02
Filing10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. ‡ Filed in two parts, up to 17 May 2023 and after it, on the old and the new accounting basis; shown added together, with per-share figures left blank.

Revenue by product or service

FY2024FY2025Share
latest year
Energy and other revenues1,8812,14183.0%
Capacity revenues19248518.8%
Unrealized gain (loss) on derivative instruments (Note 2)42.0-45.0-1.7%
From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2013FY2014FY2015FY2022FY2023 ‡FY2024FY2025TTM
Operating cash flow410462768187864256704796
Capital expenditure58341645123225485.098.0228
Free cash flow-17346.0317-45.0610171606568
Free cash flow margin-3.8%1.0%7.1%-1.5%23.9%8.1%23.5%16.5%
Cash from investing-631497-915-368-3281,171-4,003-6,713
Cash from financing47.0-846-64.0426-623-1,9633,6866,020
Depreciation and amortisationn/an/an/a520365298279330
Share-based compensationn/an/a18.00.019.033.0526568
Buybacksn/an/an/a0.00.01,958103298
Diluted shares, weighted84m84m110m0n/a56m46m46m
Shares outstanding at period endn/an/a129mn/a59m46m46m48m
Filing10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2013FY2014FY2015FY2022FY2023 ‡FY2024FY2025TTM
Funded by
Shareholders' equity4,7983,9074,303-4822,4571,3871,0931,616
Non-controlling interestn/an/an/an/a77.00.00.023.0
Short-term borrowingsn/a630608n/a6.00.0n/an/a
Debtn/a2,2184,203n/a2,8203,0046,8119,572
Other liabilitiesn/a4,0053,712n/a1,7611,7153,0013,857
Total liabilities and equityn/a10,76012,826n/a7,1216,10610,90515,068
Owned
Fixed assetsn/a6,4368,587n/a3,8393,1547,54611,928
Goodwill86.072.00.0n/an/an/an/an/a
Intangible assetsn/a257310n/a1.0n/an/an/a
Investmentsn/a980976n/an/an/an/an/a
Securities held for sale or to maturityn/an/an/an/a579611777786
Cash and equivalents239352141988400328689231
Receivablesn/a186205n/a52.066.0160240
Inventoryn/a455508n/a375302278298
Other assetsn/a2,0222,099n/a1,8751,6451,4551,585
Total assetsn/a10,76012,826n/a7,1216,10610,90515,068
Filing10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded-5.4%n/a-5.8%60.8%
Profit growth, compoundedn/an/an/an/a
Return on equity, averagen/an/a25.6%-20.0%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Utilities

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
NextEra Energy Inc. NEE$161.4 billion17.3916.3%29.8%10.8%1.732.9%
Constellation Energy Corp. CEG$101.2 billion27.7810.8%14.7%26.0%0.600.1%
Southern Co. SO$97.1 billion20.7611.0%24.2%6.4%1.623.4%
American Electric Power Co. Inc. AEP$66.6 billion21.209.8%23.0%10.3%1.583.1%
Dominion Energy, Inc. D$54.3 billion21.528.8%21.1%19.0%1.624.3%
Vistra Corp. VST$52.5 billion26.3340.5%18.5%3.8%3.570.6%
Entergy Corp. ETR$46.9 billion26.289.9%22.9%9.5%1.812.4%
DTE Energy Co. DTE$26.4 billion20.0810.8%13.3%15.9%2.133.5%
Firstenergy Corp. FE$26.0 billion23.868.4%14.6%12.6%2.104.0%
PPL Corp. PPL$25.7 billion20.188.4%24.1%6.7%1.323.2%
Centerpoint Energy Inc. CNP$25.3 billion22.609.5%23.2%7.1%1.952.3%
Eversource Energy ES$24.7 billion17.028.9%21.5%7.8%1.634.6%
All 53 in Utilities
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
NextEra Energy Inc. NEE$161.4 billion17.3916.3%29.8%10.8%1.732.9%
Constellation Energy Corp. CEG$101.2 billion27.7810.8%14.7%26.0%0.600.1%
Southern Co. SO$97.1 billion20.7611.0%24.2%6.4%1.623.4%
Duke Energy Corp. DUK$91.1 billion17.579.6%27.8%6.3%1.503.6%
Williams Companies, Inc. WMB$88.5 billion28.8223.3%38.2%8.7%2.132.8%
National Grid plc NGG *$80.2 billion17.878.2%30.7%-3.8%1.192.7%
Kinder Morgan, Inc. KMI$71.8 billion20.6711.0%29.0%12.5%0.943.6%
American Electric Power Co. Inc. AEP$66.6 billion21.209.8%23.0%10.3%1.583.1%
TC Energy Corporation TRP *$62.4 billion26.1412.9%52.7%10.7%2.204.0%
Targa Resources Corp. TRGP$61.9 billion27.5862.0%22.9%-2.0%5.351.3%
ONEOK Inc. OKE$56.9 billion15.5715.9%15.5%40.8%1.374.7%
Dominion Energy, Inc. D$54.3 billion21.528.8%21.1%19.0%1.624.3%
Vistra Corp. VST$52.5 billion26.3340.5%18.5%3.8%3.570.6%
Sempra SRE$52.4 billion23.217.0%n/a1.6%0.953.2%
Entergy Corp. ETR$46.9 billion26.289.9%22.9%9.5%1.812.4%
Xcel Energy Inc. XEL$45.8 billion20.109.3%19.1%4.7%1.543.1%
Exelon Corp. EXC$43.1 billion15.259.4%20.8%6.6%1.693.8%
Consolidated Edison Inc. ED$39.1 billion17.438.6%18.0%9.5%1.083.1%
Public Service Enterprise Group Inc. PEG$35.8 billion17.8711.6%23.1%12.7%1.363.5%
WEC Energy Group, Inc. WEC$33.8 billion20.0811.6%22.8%8.9%1.323.4%
Ameren Corp. AEE$28.2 billion17.9311.4%24.9%3.8%1.392.8%
Pg&E Corp. PCG$27.9 billion9.189.0%20.0%5.7%1.82n/a
Atmos Energy Corp. ATO$27.1 billion19.179.2%37.0%6.5%0.642.2%
DTE Energy Co. DTE$26.4 billion20.0810.8%13.3%15.9%2.133.5%
Firstenergy Corp. FE$26.0 billion23.868.4%14.6%12.6%2.104.0%
PPL Corp. PPL$25.7 billion20.188.4%24.1%6.7%1.323.2%
American Water Works Company, Inc. AWK$25.5 billion22.219.7%36.9%6.9%1.202.6%
Centerpoint Energy Inc. CNP$25.3 billion22.609.5%23.2%7.1%1.952.3%
Eversource Energy ES$24.7 billion17.028.9%21.5%7.8%1.634.6%
NRG Energy, Inc. NRG$22.4 billion27.6217.5%6.1%12.8%4.821.7%
Edison International EIX$20.9 billion5.6021.4%32.7%10.7%2.336.2%
CMS Energy Corp. CMS$20.5 billion19.6210.5%18.9%9.9%1.863.3%
Nisource Inc. NI$19.4 billion21.569.5%27.0%12.3%1.632.8%
Evergy, Inc. EVRG$18.6 billion20.499.1%26.2%3.6%1.203.4%
Talen Energy Corp. TLN$18.1 billionn/a-11.4%2.6%60.8%5.92n/a
Alliant Energy Corp. LNT$17.0 billion20.7310.9%22.1%6.8%1.413.1%
DT Midstream, Inc. DTM$12.6 billion27.149.8%49.6%18.1%0.702.7%
Pinnacle West Capital Corp. PNW$11.9 billion18.779.1%20.5%5.7%1.393.7%
Essential Utilities, Inc. WTRG$11.0 billion19.767.9%35.1%9.9%1.204.8%
Antero Midstream Corp. AM$9.9 billion24.8220.5%52.8%6.9%1.83n/a
OGE Energy Corp. OGE$9.5 billion20.229.4%24.2%0.6%1.123.7%
UGI Corp. UGI$7.9 billion12.3512.9%16.2%-0.5%1.284.1%
National Fuel GAS Co. NFG$7.4 billion10.8617.2%40.3%15.1%0.912.7%
Idacorp Inc. IDA$7.4 billion22.209.0%22.8%-0.4%0.972.6%
Txnm Energy Inc. TXNM$6.5 billion31.975.5%22.2%10.0%1.462.8%
Southwest Gas Holdings, Inc. SWX$6.0 billionn/an/an/an/a0.833.0%
Black Hills Corp. BKH$5.8 billion19.327.6%23.9%2.5%1.013.5%
Ormat Technologies, Inc. ORA$5.5 billion43.664.9%16.6%31.1%0.600.5%
Portland General Electric Co. POR$5.3 billion19.986.2%14.1%1.3%1.204.6%
NEW Jersey Resources Corp. NJR$5.2 billion14.0913.9%24.8%6.4%1.213.6%
Spire Inc. SR$4.6 billion8.6915.3%19.7%4.1%1.614.0%
NorthWestern Energy Group, Inc. NWE$4.6 billion26.945.9%18.8%10.7%1.193.5%
One Gas, Inc. OGS$4.5 billion15.598.1%20.6%-0.8%0.743.7%
21 companies share its SEC industry code (Electric Services); the rest are the names nearest in size in its wider industry, Utilities, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20265 August 2026EDGAR
10-Q31 March 20265 May 2026EDGAR
10-K31 December 202526 February 2026EDGAR
10-Q30 September 20255 November 2025EDGAR
10-Q30 June 20257 August 2025EDGAR
10-Q31 March 20258 May 2025EDGAR
10-K31 December 202428 February 2025EDGAR
10-Q30 September 202414 November 2024EDGAR
10-Q30 June 202413 August 2024EDGAR
10-Q30 September 201610 November 2016EDGAR

The same record on your computer

GreekSoup is also a free program for your own computer. It reads these same filings for the names you follow, refreshed as they land, with no account. One pasted line installs it.

Install