What is Talen Energy Corp's earnings per share (EPS)?

Talen Energy Corp (TLN) reported diluted earnings per share of $-4.79 for fiscal year 2025. This represents a -127.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Talen Energy Corp Financials

TLN

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Talen Energy Corp (TLN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI TLN FY2025 2026-05-05

Debt-backed asset expansion and unusually light reinvestment kept cash flow strong even as reported profitability weakened.

In FY2025, cash flow and earnings diverged sharply: net income was -$219M while free cash flow reached $606M, an unusual combination for a business with a negative operating margin. That spread was helped by a very light reinvestment burden, because capex of $98M sat well below depreciation of $279M, meaning part of the year's cash strength came from not needing much capital spending to support the asset base, not from a cleaner income statement.

The main operating change was cost escalation rather than weak demand: revenue rose to $2.6B from $2.1B, yet operating profit turned into a loss as selling and administrative expense expanded much faster than the top line. When higher sales fail to translate into operating income, it usually means the overhead structure has become heavier, so the business was less able to convert each extra revenue dollar into profit than it was in FY2024.

The balance sheet also became more debt-financed, with total assets growing to $10.9B from $6.1B. At the same time, long-term debt climbed to $6.8B from $3.0B, so near-term liquidity remained workable but the company relied much more on borrowing to fund a larger footprint, making solvency more sensitive to financing conditions than the current ratio alone would suggest.

Financial Health Signals

Financial Profile 29/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Talen Energy Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Talen Energy Corp has an operating margin of -3.5%, meaning the company retains $-3 of operating profit per $100 of revenue. This below-average margin results in a low score of 29/100, suggesting thin profitability after operating expenses. This is down from 10.7% the prior year.

Growth

Talen Energy Corp's revenue surged 22.0% year-over-year to $2.6B, reflecting rapid business expansion. This strong growth earns a score of 19/100.

Leverage

Talen Energy Corp has elevated debt relative to equity (D/E of 6.20), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Liquidity

Talen Energy Corp's current ratio of 1.28 is below the typical benchmark, resulting in a score of 21/100. However, the company holds substantial cash reserves (66% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.

Cash Flow

Talen Energy Corp has a free cash flow margin of 23.5%, earning a moderate score of 60/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Talen Energy Corp's ROE of -20.0% shows moderate profitability relative to equity, earning a score of 43/100. This is down from 72.0% the prior year.

Piotroski F-Score Weak

3/9

Talen Energy Corp passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed

-3.21x

For every $1 of reported earnings, Talen Energy Corp generates $-3.21 in operating cash flow ($704.0M OCF vs -$219.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage At Risk

-0.3x

Talen Energy Corp earns $-0.3 in operating income for every $1 of interest expense (-$90.0M vs $302.0M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$2.6B

YoY+22.0%

Talen Energy Corp generated $2.6B in revenue in fiscal year 2025. This represents an increase of 22.0% from the prior year.

EBITDA

$189.0M

YoY-63.9%

5Y CAGR+99.4%

Talen Energy Corp's EBITDA was $189.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 63.9% from the prior year.

Net Income

-$219.0M

YoY-121.9%

Talen Energy Corp reported -$219.0M in net income in fiscal year 2025. This represents a decrease of 121.9% from the prior year.

EPS (Diluted)

$-4.79

YoY-127.1%

Talen Energy Corp earned $-4.79 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 127.1% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$606.0M

YoY+254.4%

Talen Energy Corp generated $606.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 254.4% from the prior year.

Cash & Debt

$689.0M

YoY+110.1%

5Y CAGR+23.6%

Talen Energy Corp held $689.0M in cash against $6.8B in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

46M

YoY-0.6%

Talen Energy Corp had 46M shares outstanding in fiscal year 2025. This represents a decrease of 0.6% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

-3.5%

YoY-14.2pp

Talen Energy Corp's operating margin was -3.5% in fiscal year 2025, reflecting core business profitability. This is down 14.2 percentage points from the prior year.

Net Margin

-8.5%

YoY-55.7pp

Talen Energy Corp's net profit margin was -8.5% in fiscal year 2025, showing the share of revenue converted to profit. This is down 55.7 percentage points from the prior year.

Return on Equity

-20.0%

YoY-92.0pp

5Y CAGR-15.3pp

Talen Energy Corp's ROE was -20.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 92.0 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$103.0M

YoY-94.7%

Talen Energy Corp spent $103.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 94.7% from the prior year.

Capital Expenditures

$98.0M

YoY+15.3%

5Y CAGR-30.0%

Talen Energy Corp invested $98.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 15.3% from the prior year.

TLN Income Statement

Metric	FY25	FY24	FY22	FY15	FY14	FY13
Revenue	$2.6B+22.0%	$2.1B-31.5%	$3.1B	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$624.0M+282.8%	$163.0M+53.8%	$106.0M	N/A	N/A	N/A
Operating Income	-$90.0M-139.8%	$226.0M-6.2%	$241.0M+717.9%	-$39.0M-109.8%	$397.0M+235.5%	-$293.0M
Interest Expense	$302.0M+26.9%	$238.0M-33.7%	$359.0M+70.1%	$211.0M+70.2%	$124.0M-22.0%	$159.0M
Income Tax	$53.0M-45.9%	$98.0M+380.0%	-$35.0M-29.6%	-$27.0M-123.3%	$116.0M+173.0%	-$159.0M
Net Income	-$219.0M-121.9%	$998.0M+177.2%	-$1.3B-279.2%	-$341.0M-183.2%	$410.0M+278.3%	-$230.0M
EPS (Diluted)	$-4.79-127.1%	$17.67	N/A	$-3.10-163.1%	$4.91+278.5%	$-2.75

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$1.6B+223.3%	$485.0M-40.3%	$812.0M+28.9%	$630.0M-3.7%	$654.0M+40.0%	$467.0M-28.2%	$650.0M+32.9%	$489.0M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	$1.0M	$0
SG&A Expenses	$24.0M-95.3%	$511.0M+1244.7%	$38.0M-7.3%	$41.0M+20.6%	$34.0M-19.0%	$42.0M+10.5%	$38.0M-5.0%	$40.0M
Operating Income	$210.0M+167.1%	-$313.0M-219.0%	$263.0M+298.5%	$66.0M+162.3%	-$106.0M-762.5%	$16.0M-89.9%	$158.0M+485.2%	$27.0M
Interest Expense	$119.0M+20.2%	$99.0M+47.8%	$67.0M+8.1%	$62.0M-16.2%	$74.0M+45.1%	$51.0M-22.7%	$66.0M+6.5%	$62.0M
Income Tax	$18.0M+205.9%	-$17.0M-117.5%	$97.0M+288.0%	$25.0M+148.1%	-$52.0M+44.7%	-$94.0M-954.5%	$11.0M-90.2%	$112.0M
Net Income	$63.0M+117.4%	-$363.0M-275.4%	$207.0M+187.5%	$72.0M+153.3%	-$135.0M-264.6%	$82.0M-51.2%	$168.0M-63.0%	$454.0M
EPS (Diluted)	$1.33	N/A	$4.25+183.3%	$1.50+151.0%	$-2.94	N/A	$3.16-58.4%	$7.60

TLN Balance Sheet

Metric	FY25	FY24	FY22	FY15	FY14	FY13
Total Assets	$10.9B+78.6%	$6.1B	N/A	$12.8B+19.0%	$10.8B	N/A
Current Assets	$1.3B+29.7%	$1.0B	N/A	$2.8B+2.3%	$2.7B	N/A
Cash & Equivalents	$689.0M+110.1%	$328.0M-66.8%	$988.0M+600.7%	$141.0M-59.9%	$352.0M+47.3%	$239.0M
Inventory	$278.0M-7.9%	$302.0M	N/A	$508.0M+11.6%	$455.0M	N/A
Accounts Receivable	$160.0M+142.4%	$66.0M	N/A	$205.0M+10.2%	$186.0M	N/A
Goodwill	N/A	N/A	N/A	$0-100.0%	$72.0M-16.3%	$86.0M
Total Liabilities	$9.8B+107.9%	$4.7B	N/A	$8.5B+24.1%	$6.9B	N/A
Current Liabilities	$1.1B+130.8%	$455.0M	N/A	$2.1B-27.8%	$2.9B	N/A
Long-Term Debt	$6.8B+127.1%	$3.0B	N/A	$3.8B+125.0%	$1.7B	N/A
Total Equity	$1.1B-21.2%	$1.4B+387.8%	-$482.0M-111.2%	$4.3B+10.1%	$3.9B-18.6%	$4.8B
Retained Earnings	-$612.0M-87.7%	-$326.0M	N/A	-$373.0M	$0	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$11.0B+0.8%	$10.9B+78.9%	$6.1B+4.6%	$5.8B-0.6%	$5.9B-3.9%	$6.1B-10.8%	$6.8B-3.3%	$7.1B
Current Assets	$1.5B+11.9%	$1.3B+28.7%	$1.0B+26.3%	$830.0M-1.9%	$846.0M-18.7%	$1.0B-37.8%	$1.7B-14.3%	$2.0B
Cash & Equivalents	$1.0B+48.8%	$689.0M+38.6%	$497.0M+307.4%	$122.0M-58.6%	$295.0M-10.1%	$328.0M-49.4%	$648.0M+2.5%	$632.0M
Inventory	$244.0M-12.2%	$278.0M+5.7%	$263.0M+17.4%	$224.0M+2.3%	$219.0M-27.5%	$302.0M+1.7%	$297.0M+6.1%	$280.0M
Accounts Receivable	$109.0M-31.9%	$160.0M+39.1%	$115.0M-25.3%	$154.0M+196.2%	$52.0M-21.2%	$66.0M+32.0%	$50.0M-51.9%	$104.0M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$9.9B+1.1%	$9.8B+112.0%	$4.6B+1.0%	$4.6B-2.2%	$4.7B-0.7%	$4.7B+7.2%	$4.4B-2.4%	$4.5B
Current Liabilities	$1.2B+15.2%	$1.1B+129.8%	$457.0M+1.1%	$452.0M-13.4%	$522.0M+14.7%	$455.0M+11.5%	$408.0M-5.8%	$433.0M
Long-Term Debt	$6.8B-0.1%	$6.8B+128.4%	$3.0B-0.1%	$3.0B-0.1%	$3.0B-0.4%	$3.0B+14.2%	$2.6B0.0%	$2.6B
Total Equity	$1.1B-1.8%	$1.1B-25.6%	$1.5B+17.9%	$1.2B+5.6%	$1.2B-14.9%	$1.4B-41.9%	$2.4B-4.9%	$2.5B
Retained Earnings	-$638.0M-4.2%	-$612.0M-145.8%	-$249.0M+45.4%	-$456.0M+13.6%	-$528.0M-62.0%	-$326.0M-179.1%	$412.0M-8.0%	$448.0M

TLN Cash Flow Statement

Metric	FY25	FY24	FY22	FY15	FY14	FY13
Operating Cash Flow	$704.0M+175.0%	$256.0M+36.9%	$187.0M-75.7%	$768.0M+66.2%	$462.0M+12.7%	$410.0M
Capital Expenditures	$98.0M+15.3%	$85.0M-63.4%	$232.0M-48.6%	$451.0M+8.4%	$416.0M-28.6%	$583.0M
Free Cash Flow	$606.0M+254.4%	$171.0M+480.0%	-$45.0M-114.2%	$317.0M+589.1%	$46.0M+126.6%	-$173.0M
Investing Cash Flow	-$4.0B-441.8%	$1.2B+418.2%	-$368.0M+59.8%	-$915.0M-284.1%	$497.0M+178.8%	-$631.0M
Financing Cash Flow	$3.7B+287.8%	-$2.0B-560.8%	$426.0M+765.6%	-$64.0M+92.4%	-$846.0M-1900.0%	$47.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$103.0M-94.7%	$2.0B	$0	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$461.0M+64.6%	$280.0M-42.7%	$489.0M+365.8%	-$184.0M-254.6%	$119.0M+1090.0%	$10.0M-89.6%	$96.0M+517.4%	-$23.0M
Capital Expenditures	$42.0M+61.5%	$26.0M+23.8%	$21.0M-36.4%	$33.0M+83.3%	$18.0M-33.3%	$27.0M+107.7%	$13.0M-35.0%	$20.0M
Free Cash Flow	$419.0M+65.0%	$254.0M-45.7%	$468.0M+315.7%	-$217.0M-314.9%	$101.0M+694.1%	-$17.0M-120.5%	$83.0M+293.0%	-$43.0M
Investing Cash Flow	-$72.0M+98.1%	-$3.8B-9059.5%	-$42.0M+8.7%	-$46.0M+32.4%	-$68.0M-25.9%	-$54.0M-122.0%	$246.0M-65.5%	$714.0M
Financing Cash Flow	-$114.0M-103.0%	$3.8B+4596.5%	-$85.0M-288.9%	$45.0M+146.9%	-$96.0M+86.7%	-$723.0M-122.5%	-$325.0M+50.5%	-$656.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$100.0M	$0	$0-100.0%	$20.0M-75.9%	$83.0M-91.7%	$1.0B+231.8%	$302.0M-51.6%	$624.0M

TLN Financial Ratios

Metric	FY25	FY24	FY22	FY15	FY14	FY13
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	-3.5%-14.2pp	10.7%+2.9pp	7.8%	N/A	N/A	N/A
Net Margin	-8.5%-55.7pp	47.2%+89.1pp	-41.9%	N/A	N/A	N/A
Return on Equity	-20.0%-92.0pp	72.0%	N/A	-7.9%-18.4pp	10.5%+15.3pp	-4.8%
Return on Assets	-2.0%-18.4pp	16.3%	N/A	-2.7%-6.5pp	3.8%	N/A
Current Ratio	1.28-1.0	2.29	N/A	1.32+0.4	0.93	N/A
Debt-to-Equity	6.20+4.1	2.15	N/A	0.88+0.4	0.43	N/A
FCF Margin	23.5%+15.4pp	8.1%+9.6pp	-1.5%	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	13.4%+77.9pp	-64.5%-96.9pp	32.4%+21.9pp	10.5%+26.7pp	-16.2%-19.6pp	3.4%-20.9pp	24.3%+18.8pp	5.5%
Net Margin	4.0%+78.9pp	-74.9%-100.3pp	25.5%+14.1pp	11.4%+32.1pp	-20.6%-38.2pp	17.6%-8.3pp	25.9%-67.0pp	92.8%
Return on Equity	5.9%+39.1pp	-33.2%-47.3pp	14.1%+8.3pp	5.8%+17.2pp	-11.4%-17.3pp	5.9%-1.1pp	7.0%-11.0pp	18.1%
Return on Assets	0.6%+3.9pp	-3.3%-6.7pp	3.4%+2.2pp	1.2%+3.5pp	-2.3%-3.6pp	1.3%-1.1pp	2.5%-4.0pp	6.4%
Current Ratio	1.25-0.0	1.28-1.0	2.29+0.5	1.84+0.2	1.62-0.7	2.29-1.8	4.10-0.4	4.51
Debt-to-Equity	6.32+0.1	6.20+4.2	2.02-0.4	2.39-0.1	2.52+0.4	2.15+1.1	1.10+0.1	1.04
FCF Margin	26.7%-25.7pp	52.4%-5.3pp	57.6%+92.1pp	-34.4%-49.9pp	15.4%+19.1pp	-3.6%-16.4pp	12.8%+21.6pp	-8.8%

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Frequently Asked Questions

What is Talen Energy Corp's annual revenue?

Talen Energy Corp (TLN) reported $2.6B in total revenue for fiscal year 2025. This represents a 22.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Talen Energy Corp's revenue growing?

Talen Energy Corp (TLN) revenue grew by 22% year-over-year, from $2.1B to $2.6B in fiscal year 2025.

Is Talen Energy Corp profitable?

No, Talen Energy Corp (TLN) reported a net income of -$219.0M in fiscal year 2025, with a net profit margin of -8.5%.

What is Talen Energy Corp's EBITDA?

Talen Energy Corp (TLN) had EBITDA of $189.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Talen Energy Corp have?

As of fiscal year 2025, Talen Energy Corp (TLN) had $689.0M in cash and equivalents against $6.8B in long-term debt.

What is Talen Energy Corp's operating margin?

Talen Energy Corp (TLN) had an operating margin of -3.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Talen Energy Corp's net profit margin?

Talen Energy Corp (TLN) had a net profit margin of -8.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Talen Energy Corp's return on equity (ROE)?

Talen Energy Corp (TLN) has a return on equity of -20.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Talen Energy Corp's free cash flow?

Talen Energy Corp (TLN) generated $606.0M in free cash flow during fiscal year 2025. This represents a 254.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Talen Energy Corp's operating cash flow?

Talen Energy Corp (TLN) generated $704.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Talen Energy Corp's total assets?

Talen Energy Corp (TLN) had $10.9B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Talen Energy Corp's capital expenditures?

Talen Energy Corp (TLN) invested $98.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Talen Energy Corp buy back shares?

Yes, Talen Energy Corp (TLN) spent $103.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Talen Energy Corp have outstanding?

Talen Energy Corp (TLN) had 46M shares outstanding as of fiscal year 2025.

What is Talen Energy Corp's current ratio?

Talen Energy Corp (TLN) had a current ratio of 1.28 as of fiscal year 2025, which is considered adequate.

What is Talen Energy Corp's debt-to-equity ratio?

Talen Energy Corp (TLN) had a debt-to-equity ratio of 6.20 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Talen Energy Corp's return on assets (ROA)?

Talen Energy Corp (TLN) had a return on assets of -2.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Talen Energy Corp's Piotroski F-Score?

Talen Energy Corp (TLN) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Talen Energy Corp's earnings high quality?

Talen Energy Corp (TLN) has an earnings quality ratio of -3.21x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Talen Energy Corp cover its interest payments?

Talen Energy Corp (TLN) has an interest coverage ratio of -0.3x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Talen Energy Corp?

Talen Energy Corp (TLN) scores 29 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.