Talen Energy (TLN) FY2024 results: revenue $2.1 billion, down 17.2% on the year
Talen Energy Corp. (TLN) reported revenue of $2.1 billion for fiscal 2024, the year ended 31 December 2024, down 17.2% on the year before. Net income was $998 million, up 62.8%, and diluted earnings per share $17.67. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2025.
Revenue
$2.1 billion
-17.2% on the year
FY2013FY2024
Operating margin
10.7%
3.3% a year earlier
FY2013FY2024
Net income
$998 million
+62.8% on the year
FY2013FY2024
Diluted EPS
$17.67
FY2013FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. 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.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
256
864
187
-70.4%
Capital expenditure
85.0
254
232
-66.5%
Free cash flow
171
610
-45.0
-72.0%
Free cash flow margin
8.1%
23.9%
-1.5%
Cash from investing
1,171
-328
-368
Cash from financing
-1,963
-623
426
Depreciation and amortisation
298
365
520
-18.4%
Share-based compensation
33.0
19.0
0.0
+73.7%
Buybacks
1,958
0.0
0.0
Diluted shares, weighted
56m
n/a
0
Shares outstanding at period end
46m
59m
n/a
-22.1%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
1,387
2,457
-482
-43.5%
Non-controlling interest
0.0
77.0
n/a
Short-term borrowings
0.0
6.0
n/a
Debt
3,004
2,820
n/a
+6.5%
Other liabilities
1,715
1,761
n/a
-2.6%
Total liabilities and equity
6,106
7,121
n/a
-14.3%
Fixed assets
3,154
3,839
n/a
-17.8%
Intangible assets
n/a
1.0
n/a
Securities held for sale or to maturity
611
579
n/a
+5.5%
Cash and equivalents
328
400
988
-18.0%
Receivables
66.0
52.0
n/a
+26.9%
Inventory
302
375
n/a
-19.5%
Other assets
1,645
1,875
n/a
-12.3%
Total assets
6,106
7,121
n/a
-14.3%
10-K for the year ended 31 December 2024, filed 28 February 2025: the filing.