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Talen Energy share price today

Talen Energy Corporation · TLN · Utilities · Utilities - Independent Power Producers · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists

Talen Energy share price: $326.78 at the close on 4 November 2026, −15.5% in a year.

MixedBusiness trend from fewer quarters than usual
$326.78Price −15.5% in a year
85.3×P/E higher than 78% of the last 2.1 years
$959 MRevenue (Jun 2026) +111.2% on a year ago
−$92.0 MProfit (Jun 2026) −227.8% on a year ago
−4.8%Operating margin −19.8 points on a year ago
−20%ROE FY25
1.2%ROIC against a 9.7% cost of capital: −8.5 points

Talen Energy Corporation's share price has risen faster than its earnings: −15.5% in a year, against −127.1% for earnings per share.

The main question: the share price moved −15.5% in a year while yearly earnings per share moved −127.1%. The difference came from the market paying a higher multiple.

The price has been falling for 3 weeks, and the P/E is higher than 78% of its own last 2.1 years. Over the last four quarters, results have been deteriorating, with profit −227.8% on a year earlier, and 69% of the last 2 years' profit came in as cash. What will decide it: whether earnings grow into a price that has already moved.

What is the Talen Energy share price today?

Talen Energy Corporation's share price was $326.78 at the close on 4 November 2026. It has been falling for 3 weeks. That is 6.4% below its average price over the last 200 trading days. In the last 52 weeks it traded between $292 and $436, and at that close it sat 24% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Talen Energy Corporation is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 1 week running.

1Y

Nov 2026: $326.78, 6.4% below its 200-day average. The price has been falling for 3 weeks.

  • Price $326.78
  • 50-day avg $326.33
  • 200-day avg $348.95
Nov 2026: $326.78, 6.4% below its 200-day average. The price has been falling for 3 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025$399.78$405.02$292.01
7 Nov 2025$386.57$407.51$295.88
14 Nov 2025$360.92$406.52$299.74
21 Nov 2025$365.96$404.32$303.28
28 Nov 2025$394.27$402.47$306.27
5 Dec 2025$354.24$397.10$309.36
12 Dec 2025$356.36$390.44$312.96
19 Dec 2025$372.25$383.25$317.26
26 Dec 2025$384.52$380.16$321.31
2 Jan 2026$396.73$378.51$324.92
9 Jan 2026$370.83$376.84$328.99
16 Jan 2026$371.66$375.09$333.50
23 Jan 2026$366.43$373.24$337.10
30 Jan 2026$348.36$372.42$341.13
6 Feb 2026$345.00$368.18$344.48
13 Feb 2026$376.70$366.12$348.26
20 Feb 2026$382.25$367.92$351.48
27 Feb 2026$370.97$370.03$355.18
6 Mar 2026$320.56$366.73$357.53
13 Mar 2026$316.14$360.78$359.57
20 Mar 2026$302.97$354.61$361.51
27 Mar 2026$324.54$349.72$363.09
2 Apr 2026$327.58$345.04$363.99
10 Apr 2026$321.33$340.95$364.82
17 Apr 2026$365.35$341.81$366.35
24 Apr 2026$364.32$341.60$367.99
1 May 2026$372.16$340.28$370.33
8 May 2026$386.37$341.27$372.33
15 May 2026$334.24$342.46$372.42
22 May 2026$372.45$344.48$371.45
29 May 2026$386.80$349.23$371.63
5 Jun 2026$364.74$354.97$371.64
12 Jun 2026$360.54$358.12$371.43
18 Jun 2026$436.29$364.69$372.00
26 Jun 2026$404.09$373.04$372.78
2 Jul 2026$364.67$375.15$372.27
10 Jul 2026$385.80$377.20$371.25
17 Jul 2026$372.37$378.56$370.51
24 Jul 2026$359.90$376.53$368.95
31 Jul 2026$334.10$376.11$366.38
7 Aug 2026$347.71$373.19$364.56
14 Aug 2026$362.74$370.72$363.68
21 Aug 2026$314.46$367.23$361.84
28 Aug 2026$296.11$359.48$359.61
4 Sep 2026$317.00$347.58$358.05
11 Sep 2026$312.74$342.01$356.90
18 Sep 2026$292.30$333.61$354.48
25 Sep 2026$304.42$324.65$352.93
2 Oct 2026$320.77$319.04$351.85
9 Oct 2026$378.57$321.82$351.70
16 Oct 2026$354.81$324.66$351.30
23 Oct 2026$327.91$323.61$350.23
30 Oct 2026$343.12$324.54$349.61
4 Nov 2026$326.78$326.33$348.95
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: $326.78, 6.4% below its 200-day average. The price has been falling for 3 weeks.

  • Price $326.78
  • 50-day avg $326.33
  • 200-day avg $348.95
Nov 2026: $326.78, 6.4% below its 200-day average. The price has been falling for 3 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023$52.92$53.52–
10 Nov 2023$54.75$53.50–
17 Nov 2023$54.50$53.43–
24 Nov 2023$55.40$53.42–
1 Dec 2023$59.55$53.61–
8 Dec 2023$58.76$54.10–
15 Dec 2023$59.25$54.72–
22 Dec 2023$63.25$55.66–
29 Dec 2023$64.00$56.56–
5 Jan 2024$63.10$57.46–
12 Jan 2024$64.50$58.61–
19 Jan 2024$65.10$59.56–
26 Jan 2024$66.25$60.66–
2 Feb 2024$67.25$61.92–
9 Feb 2024$65.90$63.13–
16 Feb 2024$68.70$64.05–
23 Feb 2024$69.90$64.86–
1 Mar 2024$75.60$66.31–
8 Mar 2024$85.00$68.68–
15 Mar 2024$84.57$70.74–
22 Mar 2024$87.50$73.08–
28 Mar 2024$94.35$75.23$59.80
5 Apr 2024$94.19$78.13$60.99
12 Apr 2024$93.50$80.91$62.18
19 Apr 2024$92.59$83.46$63.27
26 Apr 2024$100.40$86.48$64.41
3 May 2024$101.25$89.71$65.63
10 May 2024$106.75$93.03$66.97
17 May 2024$107.96$95.31$68.30
24 May 2024$115.30$97.87$69.71
31 May 2024$115.15$100.13$70.91
7 Jun 2024$111.70$102.34$72.35
14 Jun 2024$116.90$104.50$73.89
21 Jun 2024$119.11$106.34$75.14
28 Jun 2024$111.02$108.51$76.64
5 Jul 2024$118.99$110.46$77.91
12 Jul 2024$131.43$113.24$79.71
19 Jul 2024$123.85$115.60$81.52
26 Jul 2024$113.67$116.90$83.19
2 Aug 2024$114.63$117.73$84.79
9 Aug 2024$123.56$118.26$86.44
16 Aug 2024$132.96$119.85$88.34
23 Aug 2024$148.80$122.55$90.53
30 Aug 2024$149.61$125.71$92.87
6 Sep 2024$143.06$127.62$94.63
13 Sep 2024$166.75$131.51$97.11
20 Sep 2024$184.09$136.36$99.99
27 Sep 2024$182.22$141.98$103.11
4 Oct 2024$190.35$147.99$106.16
11 Oct 2024$159.19$153.46$108.87
18 Oct 2024$173.97$158.73$111.50
25 Oct 2024$181.25$164.07$114.42
1 Nov 2024$173.88$168.27$117.29
8 Nov 2024$206.50$172.75$120.48
15 Nov 2024$200.43$178.94$123.95
22 Nov 2024$214.20$184.81$127.58
29 Nov 2024$214.41$188.30$130.52
6 Dec 2024$221.41$191.70$134.26
13 Dec 2024$207.46$194.55$137.65
20 Dec 2024$197.11$196.91$140.56
27 Dec 2024$200.12$199.98$142.93
3 Jan 2025$215.59$202.48$145.37
10 Jan 2025$221.80$205.27$147.95
17 Jan 2025$234.95$210.22$151.26
24 Jan 2025$245.06$214.06$154.31
31 Jan 2025$221.73$214.64$157.25
7 Feb 2025$238.73$216.97$160.82
14 Feb 2025$241.54$219.50$164.32
21 Feb 2025$218.80$220.99$167.08
28 Feb 2025$207.95$221.29$169.71
7 Mar 2025$176.24$219.99$171.73
14 Mar 2025$204.93$218.54$173.68
21 Mar 2025$214.81$218.29$176.06
28 Mar 2025$197.48$217.16$178.47
4 Apr 2025$174.40$212.58$180.47
11 Apr 2025$198.03$210.24$182.32
17 Apr 2025$203.46$207.98$184.11
25 Apr 2025$211.56$204.57$186.19
2 May 2025$225.94$202.07$188.38
9 May 2025$225.16$203.59$191.01
16 May 2025$244.86$208.44$194.25
23 May 2025$243.08$214.15$197.29
30 May 2025$243.95$217.22$199.78
6 Jun 2025$258.54$221.44$202.86
13 Jun 2025$277.16$227.78$206.00
20 Jun 2025$288.66$236.21$208.75
27 Jun 2025$297.88$245.45$212.49
3 Jul 2025$286.31$252.20$215.05
11 Jul 2025$276.17$258.68$217.62
18 Jul 2025$328.63$264.40$220.07
25 Jul 2025$346.62$274.12$223.79
1 Aug 2025$378.01$286.78$228.76
8 Aug 2025$374.68$300.72$234.05
15 Aug 2025$377.82$313.45$238.99
22 Aug 2025$356.11$323.81$243.60
29 Aug 2025$378.92$333.28$248.19
5 Sep 2025$389.19$340.48$251.66
12 Sep 2025$402.53$351.33$256.32
19 Sep 2025$423.56$364.80$261.28
26 Sep 2025$411.23$379.53$266.30
3 Oct 2025$438.50$389.83$271.83
10 Oct 2025$412.83$396.77$277.63
17 Oct 2025$406.45$400.51$283.03
24 Oct 2025$407.81$402.01$287.54
31 Oct 2025$399.78$405.02$292.01
7 Nov 2025$386.57$407.51$295.88
14 Nov 2025$360.92$406.52$299.74
21 Nov 2025$365.96$404.32$303.28
28 Nov 2025$394.27$402.47$306.27
5 Dec 2025$354.24$397.10$309.36
12 Dec 2025$356.36$390.44$312.96
19 Dec 2025$372.25$383.25$317.26
26 Dec 2025$384.52$380.16$321.31
2 Jan 2026$396.73$378.51$324.92
9 Jan 2026$370.83$376.84$328.99
16 Jan 2026$371.66$375.09$333.50
23 Jan 2026$366.43$373.24$337.10
30 Jan 2026$348.36$372.42$341.13
6 Feb 2026$345.00$368.18$344.48
13 Feb 2026$376.70$366.12$348.26
20 Feb 2026$382.25$367.92$351.48
27 Feb 2026$370.97$370.03$355.18
6 Mar 2026$320.56$366.73$357.53
13 Mar 2026$316.14$360.78$359.57
20 Mar 2026$302.97$354.61$361.51
27 Mar 2026$324.54$349.72$363.09
2 Apr 2026$327.58$345.04$363.99
10 Apr 2026$321.33$340.95$364.82
17 Apr 2026$365.35$341.81$366.35
24 Apr 2026$364.32$341.60$367.99
1 May 2026$372.16$340.28$370.33
8 May 2026$386.37$341.27$372.33
15 May 2026$334.24$342.46$372.42
22 May 2026$372.45$344.48$371.45
29 May 2026$386.80$349.23$371.63
5 Jun 2026$364.74$354.97$371.64
12 Jun 2026$360.54$358.12$371.43
18 Jun 2026$436.29$364.69$372.00
26 Jun 2026$404.09$373.04$372.78
2 Jul 2026$364.67$375.15$372.27
10 Jul 2026$385.80$377.20$371.25
17 Jul 2026$372.37$378.56$370.51
24 Jul 2026$359.90$376.53$368.95
31 Jul 2026$334.10$376.11$366.38
7 Aug 2026$347.71$373.19$364.56
14 Aug 2026$362.74$370.72$363.68
21 Aug 2026$314.46$367.23$361.84
28 Aug 2026$296.11$359.48$359.61
4 Sep 2026$317.00$347.58$358.05
11 Sep 2026$312.74$342.01$356.90
18 Sep 2026$292.30$333.61$354.48
25 Sep 2026$304.42$324.65$352.93
2 Oct 2026$320.77$319.04$351.85
9 Oct 2026$378.57$321.82$351.70
16 Oct 2026$354.81$324.66$351.30
23 Oct 2026$327.91$323.61$350.23
30 Oct 2026$343.12$324.54$349.61
4 Nov 2026$326.78$326.33$348.95
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

Price stage: Rising from Oct 2025 to Feb 2026; Sideways from Mar 2026 to Oct 2026; Falling from Oct 2026 to Nov 2026.

Price stage: Rising from Oct 2024 to Feb 2026; Sideways from Mar 2026 to Oct 2026; Falling from Oct 2026 to Nov 2026.

Week by week since 2023: did it beat the S&P 500 over the past 13 weeks?

Ahead in 116 of 166 weeks

Week by week since 2023: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
9 Jun 2023no S&P 500 reading
14 Jun 2023no S&P 500 reading
23 Jun 2023no S&P 500 reading
30 Jun 2023no S&P 500 reading
7 Jul 2023no S&P 500 reading
14 Jul 2023no S&P 500 reading
21 Jul 2023no S&P 500 reading
28 Jul 2023no S&P 500 reading
4 Aug 2023no S&P 500 reading
11 Aug 2023no S&P 500 reading
18 Aug 2023no S&P 500 reading
25 Aug 2023no S&P 500 reading
1 Sep 2023no S&P 500 reading
8 Sep 2023+15.4%
15 Sep 2023+17.2%
22 Sep 2023+18.0%
29 Sep 2023+9.0%
6 Oct 2023+4.0%
13 Oct 2023+4.9%
20 Oct 2023+6.9%
27 Oct 2023+7.8%
3 Nov 2023+1.4%
10 Nov 2023+2.1%
17 Nov 2023−1.4%
24 Nov 2023+0.1%
1 Dec 2023+6.0%
8 Dec 2023+4.0%
15 Dec 2023+2.1%
22 Dec 2023+6.0%
29 Dec 2023+9.8%
5 Jan 2024+11.3%
12 Jan 2024+12.4%
19 Jan 2024+10.7%
26 Jan 2024+6.3%
2 Feb 2024+13.4%
9 Feb 2024+6.6%
16 Feb 2024+15.2%
23 Feb 2024+14.6%
1 Mar 2024+15.2%
8 Mar 2024+33.5%
15 Mar 2024+34.1%
22 Mar 2024+28.3%
28 Mar 2024+37.4%
5 Apr 2024+38.5%
12 Apr 2024+37.8%
19 Apr 2024+39.6%
26 Apr 2024+47.3%
3 May 2024+47.1%
10 May 2024+58.1%
17 May 2024+51.2%
24 May 2024+60.7%
31 May 2024+49.5%
7 Jun 2024+27.1%
14 Jun 2024+31.8%
21 Jun 2024+31.7%
28 Jun 2024+13.6%
5 Jul 2024+19.3%
12 Jul 2024+30.9%
19 Jul 2024+22.9%
26 Jul 2024+6.1%
2 Aug 2024+9.0%
9 Aug 2024+13.4%
16 Aug 2024+18.5%
23 Aug 2024+22.9%
30 Aug 2024+23.0%
6 Sep 2024+26.9%
13 Sep 2024+39.1%
20 Sep 2024+50.2%
27 Sep 2024+59.1%
4 Oct 2024+56.7%
11 Oct 2024+17.6%
18 Oct 2024+34.0%
25 Oct 2024+53.1%
1 Nov 2024+44.5%
8 Nov 2024+54.9%
15 Nov 2024+45.1%
22 Nov 2024+38.0%
29 Nov 2024+36.4%
6 Dec 2024+42.3%
13 Dec 2024+16.9%
20 Dec 2024+3.0%
27 Dec 2024+5.7%
3 Jan 2025+9.9%
10 Jan 2025+39.2%
17 Jan 2025+32.8%
24 Jan 2025+30.2%
31 Jan 2025+22.1%
7 Feb 2025+15.2%
14 Feb 2025+16.4%
21 Feb 2025+1.4%
28 Feb 2025−1.6%
7 Mar 2025−15.2%
14 Mar 2025+5.6%
21 Mar 2025+13.6%
28 Mar 2025+5.3%
4 Apr 2025−4.5%
11 Apr 2025−2.7%
17 Apr 2025−1.5%
25 Apr 2025−4.2%
2 May 2025+7.7%
9 May 2025+0.4%
16 May 2025+3.9%
23 May 2025+14.6%
30 May 2025+18.1%
6 Jun 2025+42.7%
13 Jun 2025+29.2%
20 Jun 2025+29.0%
27 Jun 2025+40.2%
3 Jul 2025+40.4%
11 Jul 2025+22.7%
18 Jul 2025+42.3%
25 Jul 2025+48.1%
1 Aug 2025+57.6%
8 Aug 2025+53.5%
15 Aug 2025+46.0%
22 Aug 2025+35.1%
29 Aug 2025+45.9%
5 Sep 2025+42.5%
12 Sep 2025+35.1%
19 Sep 2025+35.1%
26 Sep 2025+30.4%
3 Oct 2025+46.1%
10 Oct 2025+44.8%
17 Oct 2025+17.8%
24 Oct 2025+11.4%
31 Oct 2025−3.9%
7 Nov 2025−2.1%
14 Nov 2025−8.9%
21 Nov 2025+0.6%
28 Nov 2025−1.9%
5 Dec 2025−14.9%
12 Dec 2025−15.2%
19 Dec 2025−14.7%
26 Dec 2025−10.8%
2 Jan 2026−11.6%
9 Jan 2026−16.5%
16 Jan 2026−12.7%
23 Jan 2026−11.9%
30 Jan 2026−14.3%
6 Feb 2026−13.7%
13 Feb 2026+2.9%
20 Feb 2026−0.2%
27 Feb 2026−6.3%
6 Mar 2026−7.6%
13 Mar 2026−8.4%
20 Mar 2026−13.9%
27 Mar 2026−7.5%
2 Apr 2026−13.4%
10 Apr 2026−11.2%
17 Apr 2026−4.4%
24 Apr 2026−4.2%
1 May 2026+2.7%
8 May 2026+5.2%
15 May 2026−19.7%
22 May 2026−10.7%
29 May 2026−6.0%
5 Jun 2026+4.1%
12 Jun 2026+2.0%
18 Jun 2026+28.9%
26 Jun 2026+9.5%
2 Jul 2026−2.2%
10 Jul 2026+9.0%
17 Jul 2026−2.7%
24 Jul 2026−4.7%
31 Jul 2026−13.9%
7 Aug 2026−14.8%
14 Aug 2026+3.5%
21 Aug 2026−18.3%
28 Aug 2026−25.1%
4 Sep 2026−17.5%
11 Sep 2026−16.3%
18 Sep 2026−35.0%
25 Sep 2026−30.5%
2 Oct 2026−15.4%
9 Oct 2026−5.0%
16 Oct 2026−7.4%
23 Oct 2026−11.7%
30 Oct 2026+1.5%
4 Nov 2026−5.2%
Each bar is one week, from 2023 to now (166 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 3.4 years the share price moved +610% while the S&P 500 moved +78%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Talen Energy pay?

Talen Energy Corporation pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.

Which stock lists is Talen Energy on?

Talen Energy is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.

Is Talen Energy profitable?

Talen Energy Corporation posted a net loss of $92.0 M in the Jun 2026 quarter. The full FY25 year was a loss of $219 M. That loss is 9.6% of the quarter's revenue. The same quarter a year earlier earned $72.0 M. 4 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

Jun 2026 profit was −$92.0 M, −227.8% on a year earlier. For the full year, FY25 profit was −$219 M (−121.6% on the year before).

FY25 profit −$219 M (−121.6% on the year before)

  • Net profit −$219 M
FY25 profit −$219 M (−121.6% on the year before)
QuarterNet profit
FY21−$977 M
FY22−$1.3 B
FY23$608 M
FY24$1.0 B
FY25−$219 M

Growth on a year earlier

  • Growth on a year earlier −121.6%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY22–
FY23–
FY2466.6%
FY25−121.6%
Top: net profit each year, $ B. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: −$92.0 M (−227.8% on a year earlier)

  • Net profit (quarterly) −$92.0 M
Jun 2026: −$92.0 M (−227.8% on a year earlier)
QuarterNet profit (quarterly)
Sep 2023−$76.0 M
Dec 2023$188 M
Mar 2024$319 M
Jun 2024$458 M
Sep 2024$168 M
Dec 2024$68.0 M
Mar 2025−$135 M
Jun 2025$72.0 M
Sep 2025$207 M
Dec 2025−$363 M
Mar 2026$63.0 M
Jun 2026−$92.0 M

Growth on a year earlier

  • Growth on a year earlier −227.8%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023–
Dec 202316.8%
Mar 2024593.5%
Jun 20241.8%
Sep 2024–
Dec 2024−63.8%
Mar 2025−142.3%
Jun 2025−84.3%
Sep 202523.2%
Dec 2025−633.8%
Mar 2026–
Jun 2026−227.8%
Top: net profit each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +111.2% on a year earlier and the margin moved −19.8 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed −279.5% and revenue +76.2%. Profit is growing slower than sales: rising costs are taking part of the growth.

How much revenue does Talen Energy make, and is it growing?

Talen Energy Corporation reported $959 M of revenue in the Jun 2026 quarter, +111.2% on the same quarter a year earlier. That is the 7th quarter in a row with growth on the year before. Over 4 years it has grown 10.3% a year on average. The last full year, FY25, came in at $2.6 B.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to $3.7 B.

FY25 revenue was $2.6 B, +26.7% on the year before.

FY25 revenue $2.6 B (+26.7% on the year before), 10.3% a year over 4 years

  • Revenue $2.6 B
FY25 revenue $2.6 B (+26.7% on the year before), 10.3% a year over 4 years
QuarterRevenue
FY21$1.8 B
FY22$2.4 B
FY23$2.4 B
FY24$2.1 B
FY25$2.6 B

Growth on a year earlier

  • Growth on a year earlier 26.7%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY2235.9%
FY231.1%
FY24−15%
FY2526.7%
Top: revenue each year, $ B. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $959 M (+111.2% on a year earlier), the 7th quarter in a row of growth

  • Revenue (quarterly) $959 M
Jun 2026: $959 M (+111.2% on a year earlier), the 7th quarter in a row of growth
QuarterRevenue (quarterly)
Sep 2023$644 M
Dec 2023$431 M
Mar 2024$617 M
Jun 2024$413 M
Sep 2024$555 M
Dec 2024$488 M
Mar 2025$631 M
Jun 2025$454 M
Sep 2025$770 M
Dec 2025$771 M
Mar 2026$1.2 B
Jun 2026$959 M

Growth on a year earlier

  • Growth on a year earlier 111.2%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023−23.8%
Dec 2023−35%
Mar 2024−33.5%
Jun 2024−5.3%
Sep 2024−13.8%
Dec 202413.2%
Mar 20252.3%
Jun 20259.9%
Sep 202538.7%
Dec 202558%
Mar 202696.7%
Jun 2026111.2%
Top: revenue each quarter, $ B. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +76.2% on average, against 10.3% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +75.8%, against +33.3% a year over the last 8 quarters (accelerating).

How much of every $100 of sales does Talen Energy keep?

Talen Energy Corporation's operating margin was −4.8% in the Jun 2026 quarter, 19.8 percentage points lower than the same quarter a year ago. Across 5 years it has been between −59.0% and 32.1%. The latest quarter is within that range.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why: the operating margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.

FY25: −2.1%, within a range of −59.0% to 32.1% over 5 years

  • Operating margin −2.1%
FY25: −2.1%, within a range of −59.0% to 32.1% over 5 years
QuarterOperating margin
FY21−59%
FY2232.1%
FY2319.2%
FY2411%
FY25−2.1%

Change on the year before (points)

  • Change on the year before (points) −13.1 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY21–
FY22+91.1 pts
FY23−12.9 pts
FY24−8.2 pts
FY25−13.1 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Jun 2026: operating margin −4.8% (−19.8 points on a year earlier)

  • Operating margin −4.8%
Jun 2026: operating margin −4.8% (−19.8 points on a year earlier)
QuarterOperating margin
Sep 20231.4%
Dec 202323.4%
Mar 20244.1%
Jun 20246.5%
Sep 202428.5%
Dec 20243.1%
Mar 2025−16.3%
Jun 202515%
Sep 202534.5%
Dec 2025−36.1%
Mar 202617.2%
Jun 2026−4.8%

Change on a year earlier (points)

  • Change on a year earlier (points) −19.8 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023−37.5 pts
Dec 2023−46.3 pts
Mar 2024−47.7 pts
Jun 2024+34.3 pts
Sep 2024+27.1 pts
Dec 2024−20.3 pts
Mar 2025−20.4 pts
Jun 2025+8.5 pts
Sep 2025+6.0 pts
Dec 2025−39.2 pts
Mar 2026+33.5 pts
Jun 2026−19.8 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Talen Energy's profit turning into cash?

Over the last 2 years, 69% of Talen Energy Corporation's reported profit came in as cash from its operations, so most of the profit is real cash. In FY25 it brought in $704 M of operating cash against −$219 M of profit. After $206 M of spending on assets, $498 M was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY25: operating cash $704 M against profit −$219 M; 69% of 2 years' profit came in as cash

  • Operating cash $704 M
  • Net profit −$219 M
  • Free cash $498 M
FY25: operating cash $704 M against profit −$219 M; 69% of 2 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY21−$294 M−$977 M−$518 M
FY22$187 M−$1.3 B−$125 M
FY23$864 M$608 M$516 M
FY24$256 M$1.0 B$67.0 M
FY25$704 M−$219 M$498 M
Operating cash flow and net profit each year, $ B. The line is free cash flow: operating cash minus spending on assets. 5-year window, yearly figures.

Jun 2026: operating cash −$434 M

  • Operating cash (quarterly) −$434 M
Jun 2026: operating cash −$434 M
QuarterOperating cash (quarterly)
Sep 2023$181 M
Dec 2023$222 M
Mar 2024$173 M
Jun 2024−$23.0 M
Sep 2024$96.0 M
Dec 2024$10.0 M
Mar 2025$119 M
Jun 2025−$184 M
Sep 2025$489 M
Dec 2025$280 M
Mar 2026$461 M
Jun 2026−$434 M

Operating cash as % of profit

  • Operating cash as % of profit 732%
Operating cash as % of profit
QuarterOperating cash as % of profit
Sep 2023–
Dec 2023118%
Mar 202454%
Jun 2024−5%
Sep 202457%
Dec 202415%
Mar 2025–
Jun 2025−256%
Sep 2025236%
Dec 2025–
Mar 2026732%
Jun 2026–
Top: operating cash each quarter, $ M. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Where does Talen Energy's cash go?

Talen Energy Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $743 M on assets over the last 3 years. Averaged over those years that is 9.4% of FY25 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $743 M over the last 3 years.

FY25: capex $206 M, steady spending

  • Capex $206 M
FY25: capex $206 M, steady spending
QuarterCapex
FY21$224 M
FY22$312 M
FY23$348 M
FY24$189 M
FY25$206 M
Capital spending each year, $ M.

Jun 2026: capex $178 M in the quarter

  • Capex (quarterly) $178 M
Jun 2026: capex $178 M in the quarter
QuarterCapex (quarterly)
Sep 2023$69.0 M
Dec 2023$58.0 M
Mar 2024$66.0 M
Jun 2024$23.0 M
Sep 2024$58.0 M
Dec 2024$42.0 M
Mar 2025$64.0 M
Jun 2025$37.0 M
Sep 2025$65.0 M
Dec 2025$40.0 M
Mar 2026$69.0 M
Jun 2026$178 M

Free cash

  • Free cash −$612 M
Free cash
QuarterFree cash
Sep 2023$112 M
Dec 2023$164 M
Mar 2024$107 M
Jun 2024−$46.0 M
Sep 2024$38.0 M
Dec 2024−$32.0 M
Mar 2025$55.0 M
Jun 2025−$221 M
Sep 2025$424 M
Dec 2025$240 M
Mar 2026$392 M
Jun 2026−$612 M
Top: capital spending each quarter, $ M. Below: free cash flow, $ M. Last 12 quarters.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Talen Energy's P/E ratio, and how does it compare with its own history?

Talen Energy Corporation's P/E is 85.3×, near the high end of its own history: higher than 78% of past readings. Its usual P/E (the middle reading) is 21.7×, over 2.1 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

P/E 85.3× against a usual 21.7×: near the high end of its own history: higher than 78% of past readings

  • P/E 65.1×
  • Median 21.7×
P/E 85.3× against a usual 21.7×: near the high end of its own history: higher than 78% of past readings
WeekP/EMedian
5 Apr 202413.4×21.7×
12 Apr 202413.3×21.7×
19 Apr 202413.2×21.7×
26 Apr 202414.3×21.7×
3 May 202414.4×21.7×
10 May 202415.2×21.7×
17 May 202415.3×21.7×
24 May 202416.4×21.7×
31 May 202416.4×21.7×
7 Jun 202415.9×21.7×
14 Jun 202416.6×21.7×
21 Jun 202416.9×21.7×
28 Jun 202415.8×21.7×
5 Jul 20248.41×21.7×
12 Jul 20249.29×21.7×
19 Jul 20248.76×21.7×
26 Jul 20248.04×21.7×
2 Aug 20248.10×21.7×
9 Aug 20248.74×21.7×
16 Aug 20249.40×21.7×
23 Aug 202410.5×21.7×
30 Aug 202410.6×21.7×
6 Sep 202410.1×21.7×
13 Sep 202411.8×21.7×
20 Sep 202413.0×21.7×
27 Sep 202412.9×21.7×
4 Oct 202410.2×21.7×
11 Oct 20248.55×21.7×
18 Oct 20249.35×21.7×
25 Oct 20249.74×21.7×
1 Nov 20249.34×21.7×
8 Nov 202411.1×21.7×
15 Nov 202410.8×21.7×
22 Nov 202411.5×21.7×
29 Nov 202411.5×21.7×
6 Dec 202411.9×21.7×
13 Dec 202411.2×21.7×
20 Dec 202410.6×21.7×
27 Dec 202410.8×21.7×
3 Jan 202512.6×21.7×
10 Jan 202512.9×21.7×
17 Jan 202513.7×21.7×
24 Jan 202514.3×21.7×
31 Jan 202512.9×21.7×
7 Feb 202513.9×21.7×
14 Feb 202514.1×21.7×
21 Feb 202512.8×21.7×
28 Feb 202512.1×21.7×
7 Mar 202510.3×21.7×
14 Mar 202511.9×21.7×
21 Mar 202512.5×21.7×
28 Mar 202511.5×21.7×
4 Apr 202518.6×21.7×
11 Apr 202521.1×21.7×
17 Apr 202521.7×21.7×
25 Apr 202522.6×21.7×
2 May 202524.1×21.7×
9 May 202524.0×21.7×
16 May 202526.1×21.7×
23 May 202525.9×21.7×
30 May 202526.0×21.7×
6 Jun 202527.6×21.7×
13 Jun 202529.6×21.7×
20 Jun 202530.8×21.7×
27 Jun 202531.8×21.7×
3 Jul 202565.1×21.7×
11 Jul 202565.1×21.7×
18 Jul 202565.1×21.7×
25 Jul 202565.1×21.7×
1 Aug 202565.1×21.7×
8 Aug 202565.1×21.7×
15 Aug 202565.1×21.7×
22 Aug 202565.1×21.7×
29 Aug 202565.1×21.7×
5 Sep 202565.1×21.7×
12 Sep 202565.1×21.7×
19 Sep 202565.1×21.7×
26 Sep 202565.1×21.7×
3 Oct 202565.1×21.7×
10 Oct 202565.1×21.7×
17 Oct 202565.1×21.7×
24 Oct 202565.1×21.7×
31 Oct 202565.1×21.7×
7 Nov 202565.1×21.7×
14 Nov 202565.1×21.7×
21 Nov 202565.1×21.7×
28 Nov 202565.1×21.7×
5 Dec 202565.1×21.7×
12 Dec 202565.1×21.7×
19 Dec 202565.1×21.7×
26 Dec 202565.1×21.7×
2 Jan 202665.1×21.7×
9 Jan 202665.1×21.7×
16 Jan 202665.1×21.7×
23 Jan 202665.1×21.7×
30 Jan 202665.1×21.7×
6 Feb 202665.1×21.7×
13 Feb 202665.1×21.7×
20 Feb 202665.1×21.7×
27 Feb 202665.1×21.7×
6 Mar 202665.1×21.7×
13 Mar 202665.1×21.7×
20 Mar 202665.1×21.7×
27 Mar 202665.1×21.7×
2 Apr 202665.1×21.7×
10 Apr 202665.1×21.7×
17 Apr 202665.1×21.7×
24 Apr 202665.1×21.7×
1 May 202665.1×21.7×

Earnings per share, 12 months

  • Earnings per share, 12 months $4.36
Earnings per share, 12 months
WeekEarnings per share, 12 months
5 Apr 2024–
12 Apr 2024–
19 Apr 2024–
26 Apr 2024–
3 May 2024–
10 May 2024–
17 May 2024–
24 May 2024–
31 May 2024–
7 Jun 2024–
14 Jun 2024–
21 Jun 2024–
28 Jun 2024$7.03
5 Jul 2024$7.03
12 Jul 2024$7.03
19 Jul 2024$7.03
26 Jul 2024$7.03
2 Aug 2024$7.03
9 Aug 2024$7.03
16 Aug 2024$7.03
23 Aug 2024$7.03
30 Aug 2024$7.03
6 Sep 2024$7.03
13 Sep 2024$7.03
20 Sep 2024$7.03
27 Sep 2024$14.14
4 Oct 2024$14.14
11 Oct 2024$14.14
18 Oct 2024$14.14
25 Oct 2024$14.14
1 Nov 2024$14.14
8 Nov 2024$14.14
15 Nov 2024$14.14
22 Nov 2024$14.14
29 Nov 2024$14.14
6 Dec 2024$14.14
13 Dec 2024$14.14
20 Dec 2024$14.14
27 Dec 2024$18.61
3 Jan 2025$18.61
10 Jan 2025$18.61
17 Jan 2025$18.61
24 Jan 2025$18.61
31 Jan 2025$18.61
7 Feb 2025$18.61
14 Feb 2025$18.61
21 Feb 2025$18.61
28 Feb 2025$18.61
7 Mar 2025$18.61
14 Mar 2025$18.61
21 Mar 2025$18.61
28 Mar 2025$17.16
4 Apr 2025$17.16
11 Apr 2025$17.16
17 Apr 2025$17.16
25 Apr 2025$17.16
2 May 2025$17.16
9 May 2025$17.16
16 May 2025$17.16
23 May 2025$17.16
30 May 2025$17.16
6 Jun 2025$17.16
13 Jun 2025$17.16
20 Jun 2025$17.16
27 Jun 2025$9.37
3 Jul 2025$9.37
11 Jul 2025$9.37
18 Jul 2025$9.37
25 Jul 2025$9.37
1 Aug 2025$9.37
8 Aug 2025$9.37
15 Aug 2025$9.37
22 Aug 2025$9.37
29 Aug 2025$9.37
5 Sep 2025$9.37
12 Sep 2025$9.37
19 Sep 2025$9.37
26 Sep 2025$3.27
3 Oct 2025$3.27
10 Oct 2025$3.27
17 Oct 2025$3.27
24 Oct 2025$3.27
31 Oct 2025$3.27
7 Nov 2025$3.27
14 Nov 2025$3.27
21 Nov 2025$3.27
28 Nov 2025$3.27
5 Dec 2025$3.27
12 Dec 2025$3.27
19 Dec 2025$3.27
26 Dec 2025$4.36
2 Jan 2026$4.36
9 Jan 2026$4.36
16 Jan 2026$4.36
23 Jan 2026$4.36
30 Jan 2026$4.36
6 Feb 2026$4.36
13 Feb 2026$4.36
20 Feb 2026$4.36
27 Feb 2026$4.36
6 Mar 2026$4.36
13 Mar 2026$4.36
20 Mar 2026$4.36
27 Mar 2026$4.36
2 Apr 2026$4.36
10 Apr 2026$4.36
17 Apr 2026$4.36
24 Apr 2026$4.36
1 May 2026$4.36
Top: P/E each week. Below: earnings per share, trailing twelve months, a step line that moves once a quarter; 2.1 years of history; short peaks above 65× are drawn at the top edge.

PEG 0.37 at the Jun 2026 quarter end: below 1.0, so the P/E is smaller than the earnings growth rate

  • PEG 0.37×
  • PEG = 1.0 1.00×
PEG 0.37 at the Jun 2026 quarter end: below 1.0, so the P/E is smaller than the earnings growth rate
QuarterPEGPEG = 1.0
Mar 20255.13×1.00×
Jun 20255.81×1.00×
Sep 20250.80×1.00×
Dec 20250.51×1.00×
Mar 20260.37×1.00×
Jun 20260.37×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 6 quarters.
85.3×P/E · higher than 78% of its last 2.1 years
0.37PEG · today, as reported

Why the multiple is where it is: over the past year earnings per share moved −127.1% while the price moved −15.5%. The price did better than earnings, which pushed the multiple up within its own range.

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

Is the Talen Energy business getting better or worse?

Talen Energy Corporation's business is giving mixed signals. Revenue growth is rising at +75.8% while profit growth is falling at −206.9%, so the lines disagree and each one tells part of the story. This is based on 12 quarters of 3 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +26.7% in FY25, profit −121.6%

  • Revenue growth 26.7%
Growth year by year: revenue +26.7% in FY25, profit −121.6%
QuarterRevenue growth
FY21–
FY2235.9%
FY231.1%
FY24−15%
FY2526.7%

Profit growth, EPS growth

  • Profit growth −121.6%
  • EPS growth −127.1%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY21––
FY22––
FY23––
FY2466.6%300%
FY25−121.6%−127.1%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn. Turnaround-year jumps are drawn at the edge (▲).

Three growth lines over twelve quarters: revenue accelerating

  • Revenue 75.8%
Three growth lines over twelve quarters: revenue accelerating
QuarterRevenue
Sep 2023−10.6%
Dec 20231.1%
Mar 2024−26.3%
Jun 2024−26.7%
Sep 2024−24.5%
Dec 2024−15%
Mar 2025−1.9%
Jun 20251.1%
Sep 202516.2%
Dec 202526.7%
Mar 202655.1%
Jun 202675.8%

Profit, EPS

  • Profit −206.9%
  • EPS −233.5%
Profit, EPS
QuarterProfitEPS
Sep 2023––
Dec 2023––
Mar 2024––
Jun 2024149%–
Sep 202495%–
Dec 202466.6%–
Mar 2025−36.5%33.3%
Jun 2025−80.5%−76.9%
Sep 2025−81.3%−76.5%
Dec 2025−121.6%−130%
Mar 2026−103.8%−109.2%
Jun 2026−206.9%−233.5%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 1.6%
ROCE: the return line, worked out each quarter
QuarterROCE
Sep 2023–
Dec 2023–
Mar 2024–
Jun 2024–
Sep 2024–
Dec 2024–
Mar 2025–
Jun 20252.3%
Sep 20254.1%
Dec 2025−0.6%
Mar 20263.6%
Jun 20261.6%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
RisingRevenue growth · latest +75.8%, range −26.7% to +75.8%
FallingProfit growth · latest −206.9%, range −206.9% to +149.0%
Stuck lowROCE · latest 1.6%, range −0.6% to 4.1%

Why it matters: when the lines disagree, each line above matters more than any single label.

This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+26.7%+2.9%——
Stock price−15.5%+83.5%——
+111.2%Revenue growth (Jun 2026) · latest quarter against a year ago
−227.8%Profit growth (Jun 2026) · latest quarter against a year ago
10.3%Revenue, 4 years · yearly growth over the long run

How much does Talen Energy earn on its capital?

Talen Energy Corporation earned a ROE of −20% in FY25. That is up from a low of −137% in FY21. Its return on capital used (ROIC) is 8.5 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

It comes from a −8.3% net margin and 0.24× asset turnover (sales divided by assets).

Why the return is what it is (FY25): a −8.3% net margin × 0.24× asset turnover × 9.98× leverage (assets divided by equity) ≈ −19.9% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 1.2% − 9.7% = −8.5 percentage points. The 9.7% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

FY25: ROE −20%, the climb back from FY21's −137%

  • ROE −20%
  • Cost of capital 9.7%
FY25: ROE −20%, the climb back from FY21's −137%
QuarterROECost of capital
FY21−136.5%9.7%
FY22268.3%9.7%
FY2324%9.7%
FY2473%9.7%
FY25−20%9.7%
Return on equity each year, % (line). 5-year window, low years included. The flat line is the 9.7% cost of capital used on this page.

Jun 2026: ROE −5.3% (last 12 months)

  • ROE (12 months) −5.3%
Jun 2026: ROE −5.3% (last 12 months)
QuarterROE (12 months)
Dec 2023176.9%
Mar 2024207.9%
Jun 2024248.3%
Sep 2024134.9%
Dec 2024174.3%
Mar 2025157.8%
Jun 202567.5%
Sep 202522.6%
Dec 202556.8%
Mar 2026−70.7%
Jun 2026−5.3%
ROE over the last 12 months, each quarter, %. Last 11 quarters, lined up with the yearly figure.

Does Talen Energy have too much debt?

Talen Energy Corporation has total debt of $9.6 B against shareholder equity of $1.6 B as of Jun 2026, so its debt is 5.84× its equity. Year by year, that ratio went from 1.12 in FY15 to 6.25 in FY25. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY25: debt $6.8 B, 6.25× equity

  • Total debt $6.8 B
FY25: debt $6.8 B, 6.25× equity
QuarterTotal debt
FY15$4.8 B
FY21$4.8 B
FY22$5.9 B
FY23$2.8 B
FY24$3.0 B
FY25$6.8 B

Debt-to-equity

  • Debt-to-equity 6.25×
Debt-to-equity
QuarterDebt-to-equity
FY151.12×
FY216.72×
FY22−12.3×
FY231.12×
FY242.17×
FY256.25×
Top: total debt each year, $ B. Below: debt-to-equity, ×. 6-year window.

Jun 2026: debt $9.6 B, debt-to-equity 5.84

  • Total debt (quarterly) $9.6 B
Jun 2026: debt $9.6 B, debt-to-equity 5.84
QuarterTotal debt (quarterly)
Sep 2023$2.8 B
Dec 2023$2.8 B
Mar 2024$2.6 B
Jun 2024$2.6 B
Sep 2024$2.6 B
Dec 2024$3.0 B
Mar 2025$3.0 B
Jun 2025$3.1 B
Sep 2025$3.0 B
Dec 2025$6.8 B
Mar 2026$6.8 B
Jun 2026$9.6 B

Debt-to-equity

  • Debt-to-equity 5.84×
Debt-to-equity
QuarterDebt-to-equity
Sep 20231.20×
Dec 20231.12×
Mar 20240.95×
Jun 20241.02×
Sep 20241.07×
Dec 20242.17×
Mar 20252.54×
Jun 20252.47×
Sep 20252.05×
Dec 20256.25×
Mar 20266.35×
Jun 20265.84×
Top: total debt each quarter, $ B. Below: debt-to-equity, ×. Last 12 quarters.

What is the Talen Energy shareholding pattern?

11.1% of Talen Energy Corporation's tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 3.7 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

11.1%Short interest · of the tradable float
3.7Days to cover · at typical volumes

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

How far is Talen Energy from balance-sheet trouble?

For Talen Energy Corporation, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does Talen Energy rank in its industry?

52.7 out of 100, rank 2 of 10 in Utilities - Independent Power Producers, with 69% of the evidence available.

Talen Energy Corporation scores 52.7 out of 100 against the 10 companies it is compared with in Utilities - Independent Power Producers, ranking 2. Relative strength against the index is -13.5%, and revenue and profit growth are weak.

The four parts add up to the total exactly: 14 + 10.6 + 11.5 + 16.6 = 52.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Talen Energy compared with?

Talen Energy ranks 2 of 10 Utilities - Independent Power Producers companies on the 4-Factor Sector Score, with 52.7 out of 100.

  1. 1TransAlta CorporationTAC · turning · Evidence leans up · 60% evidence55.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 15.4/35 · Revenue -9.6% · Profit — · Operating margin change — · 52% evidenceCapital efficiency 10.5/25 · ROCE 5% · Operating margin 12.6% · 76% evidenceValuation 11.1/20 · P/E -81.6× · PEG — · 15% evidenceRelative strength 18.4/20 · Lead over its industry 45% · Lead over S&P 500 -4.1% · 1 year -14% · 100% evidence · 1 of 12 weeks aheadExact sum: 15.4 + 10.5 + 11.1 + 18.4 = 55.4 · What this means: Relative strength against the index is -4.1%, and revenue and profit growth are weak.
  2. 2Talen Energy Corporation this pageTLN · quiet · Evidence leans up · 69% evidence52.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 14.0/35 · Revenue 75.8% · Profit -206.9% · Operating margin change — · 76% evidenceCapital efficiency 10.6/25 · ROCE 1.1% · Operating margin 26.5% · 76% evidenceValuation 11.5/20 · P/E -690.1× · PEG — · 15% evidenceRelative strength 16.6/20 · Lead over its industry 31.2% · Lead over S&P 500 -13.5% · 1 year -15.5% · 100% evidence · 0 of 12 weeks aheadExact sum: 14 + 10.6 + 11.5 + 16.6 = 52.7 · What this means: Relative strength against the index is -13.5%, and revenue and profit growth are weak.
  3. 3Vistra Corp.VST · quiet · Evidence leans up · 79% evidence51.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 10.1/35 · Revenue 3.8% · Profit -7.7% · Operating margin change — · 76% evidenceCapital efficiency 15.0/25 · ROCE 11.6% · Operating margin 2.4% · 76% evidenceValuation 14.4/20 · P/E 26.4× · PEG 0.4 · 65% evidenceRelative strength 12.2/20 · Lead over its industry 10% · Lead over S&P 500 -27.7% · 1 year -37.1% · 100% evidence · 0 of 12 weeks aheadExact sum: 10.1 + 15 + 14.4 + 12.2 = 51.7 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.
  4. 4Kenon Holdings Ltd.KEN · quiet · Evidence leans up · 69% evidence50.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 17.9/35 · Revenue 53.4% · Profit -63.1% · Operating margin change — · 76% evidenceCapital efficiency 9.9/25 · ROCE 1.4% · Operating margin -14.3% · 76% evidenceValuation 8.9/20 · P/E 29.3× · PEG — · 15% evidenceRelative strength 14.0/20 · Lead over its industry 25.2% · Lead over S&P 500 -17.6% · 1 year 19.7% · 100% evidence · 0 of 12 weeks aheadExact sum: 17.9 + 9.9 + 8.9 + 14 = 50.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  5. 5NRG Energy, Inc.NRG · quiet · Evidence leans down · 60% evidence48.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 17.8/35 · Revenue 12.8% · Profit 62.6% · Operating margin change — · 52% evidenceCapital efficiency 16.0/25 · ROCE 6.9% · Operating margin 29.7% · 76% evidenceValuation 8.5/20 · P/E 39.4× · PEG — · 15% evidenceRelative strength 6.4/20 · Lead over its industry -14.1% · Lead over S&P 500 -44.4% · 1 year -51.7% · 100% evidence · 0 of 12 weeks aheadExact sum: 17.8 + 16 + 8.5 + 6.4 = 48.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  6. 6Constellation Energy CorporationCEG · quiet · Evidence leans down · 79% evidence48.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 17.2/35 · Revenue 26% · Profit 15.2% · Operating margin change — · 76% evidenceCapital efficiency 12.7/25 · ROCE 5.6% · Operating margin -7.4% · 76% evidenceValuation 4.8/20 · P/E 25.6× · PEG 3.55 · 65% evidenceRelative strength 13.9/20 · Lead over its industry 19.6% · Lead over S&P 500 -21.5% · 1 year -31.4% · 100% evidence · 3 of 12 weeks aheadExact sum: 17.2 + 12.7 + 4.8 + 13.9 = 48.6 · What this means: Relative strength against the index is -21.5%, and revenue and profit growth are weak.
  7. 7Hallador Energy CompanyHNRG · quiet · Most evidence points down · 60% evidence34.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 12.0/35 · Revenue 8.6% · Profit — · Operating margin change — · 52% evidenceCapital efficiency 9.9/25 · ROCE 5.5% · Operating margin -0.8% · 76% evidenceValuation 10.2/20 · P/E -4.8× · PEG — · 15% evidenceRelative strength 2.1/20 · Lead over its industry -18.6% · Lead over S&P 500 -47.2% · 1 year -51.1% · 100% evidence · 0 of 12 weeks aheadExact sum: 12 + 9.9 + 10.2 + 2.1 = 34.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8Digi Power X Inc.DGXX · quiet · Most evidence points down · 67% evidence31.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 14.7/35 · Revenue 0% · Profit — · Operating margin change -177.5 points · 71% evidenceCapital efficiency 3.5/25 · ROCE -11.7% · Operating margin -226.6% · 76% evidenceValuation 10.6/20 · P/E -6.1× · PEG — · 15% evidenceRelative strength 2.3/20 · Lead over its industry -17.2% · Lead over S&P 500 -45.9% · 1 year -57.8% · 100% evidence · 0 of 12 weeks aheadExact sum: 14.7 + 3.5 + 10.6 + 2.3 = 31.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  9. 9Fervo Energy CompanyFRVO · quiet · Too little evidence to rank firmly · 18% evidence42.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 21.5/43.75 · Revenue — · Profit — · Operating margin change — · 8% evidenceCapital efficiency 8.3/31.25 · ROCE -2.1% · Operating margin — · 61% evidenceValuation 12.5/25 · P/E — · PEG — · 0% evidenceRelative strength: no reading this week · its 20 points are shared across the other threeExact sum: 21.5 + 8.3 + 12.5 = 42.3 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  10. 10Oklo Inc.OKLO · quiet · Too little evidence to rank firmly · 37% evidence34.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 17.8/35 · Revenue — · Profit — · Operating margin change — · 4% evidenceCapital efficiency 5.8/25 · ROCE -6.6% · Operating margin — · 61% evidenceValuation 10.0/20 · P/E — · PEG — · 0% evidenceRelative strength 0.5/20 · Lead over its industry -45.5% · Lead over S&P 500 -65.5% · 1 year -80.4% · 100% evidence · 0 of 12 weeks aheadExact sum: 17.8 + 5.8 + 10 + 0.5 = 34.1 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Utilities - Independent Power Producers, all 10 compared on one page.

Which companies are close to Talen Energy in size?

Talen Energy is the 4th largest of 8 Utilities - Independent Power Producers companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Constellation Energy Corporation, Vistra Corp. and NRG Energy, Inc. Just below it: TransAlta Corporation, Kenon Holdings and Hallador Energy Company.

Utilities - Independent Power Producers companies close in size

  1. Constellation Energy Corporation $87.1 billion
  2. Vistra Corp. $40.4 billion
  3. NRG Energy, Inc. $17.5 billion
  4. Talen Energy Corporation $14.2 billion
  5. TransAlta Corporation $4.2 billion
  6. Kenon Holdings Ltd. $3.3 billion
  7. Hallador Energy Company $453 million

All 8 Utilities - Independent Power Producers companies, largest first

Companies close in size in other industries

  1. Regency Centers Corporation $14.3 billion · REIT - Retail
  2. RenaissanceRe Holdings Ltd. $14.3 billion · Insurance - Reinsurance
  3. Talen Energy Corporation $14.2 billion
  4. Flutter Entertainment plc $14.2 billion · Gambling
  5. Healthpeak Properties, Inc. $14.2 billion · REIT - Healthcare Facilities

What else do people ask about Talen Energy?

What were Talen Energy's latest quarterly results?

Talen Energy Corporation reported revenue of $959 M and a net loss of $92.0 M for the Jun 2026 quarter. Revenue rose 111.2% and profit fell 227.8% compared with a year earlier. Earnings per share were −$2.00.

The operating margin was −4.8%, 19.8 percentage points lower than a year earlier (as of 4 November 2026).

What is Talen Energy's market cap?

Talen Energy Corporation's market capitalisation is $14.2 B at a stock price of $326.78. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Talen Energy performing?

Talen Energy Corporation's share price has been falling for 3 weeks. In its latest quarter, revenue rose 111.2% and profit fell 227.8% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 1 week running (as of 4 November 2026).

Will Talen Energy's stock price go up?

This page does not forecast Talen Energy Corporation's stock price. What it shows instead: the stock price is $326.78, and it has been falling for 3 weeks. Its P/E of 85.3× is higher than 78% of its own last 2 years (as of 4 November 2026).

Does Talen Energy have too much debt?

Yes, Talen Energy Corporation has a lot of debt: its debt is 5.97× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 4 November 2026).

Where is Talen Energy in its business cycle?

Talen Energy Corporation's FY25 operating margin was −2.1%, against a 5-year range of −59.0% to 32.1%: the middle of its own range, neither a peak nor a low. The latest quarter was −4.8%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Talen Energy story?

The main question: the share price moved −15.5% in a year while yearly earnings per share moved −127.1%. The difference came from the market paying a higher multiple.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Talen Energy a stock worth studying right now?

What the numbers show: Talen Energy Corporation's share price has risen faster than its earnings: −15.5% in a year, against −127.1% for earnings per share. The main open question: whether earnings grow into a price that has already moved.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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