Talen Energy CorporationTLN
NasdaqGS•Utilities•Utilities - Independent Power Producers
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.
Talen Energy Corporation (TLN) reported trailing twelve months revenue of $3.32B as of March 2026, a 32.5% increase year-over-year. Quarterly revenue reached $1.13B, reflecting continued top-line momentum.
Talen Energy Corporation reported a TTM net loss of $21.00M, with quarterly EBITDA of $302.00M. The operating margin expanded from -27.2% to 18.6%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (18.6%) and net margin (5.6%) indicates moderate non-operating costs. Net margin has improved from -34.6% a year ago, signaling stronger bottom-line efficiency.
TLN trades at a P/S of 4.3x. The price-to-book ratio of 13.3x indicates a significant premium over book value.
The company generated $419.00M in free cash flow over the trailing twelve months, a 314.9% increase year-over-year, indicating strong cash generation ability. The balance sheet shows $10.99B in total assets with $6.78B in long-term debt against $1.07B in stockholders equity for a debt-to-equity ratio of 6.3, a relatively leveraged position. Data based on the most recent quarterly reports.
Competitive analysis based on 15 quarters of fundamental data
Operating margins are under pressure, averaging 3.3%. The business may lack pricing power or face rising costs.'
ROE averages 33.1% but has fluctuated — the competitive advantage may be cyclical or emerging.
5 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.
TTM revenue has grown consistently (6 of 7 quarters up), with ~283.8% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 15 quarters
The company posted negative operating margins in recent quarters — core operations are unprofitable.
FCF consistently trails net income (avg 0.6x) — earnings may be inflated by non-cash items or aggressive accounting.
D/E ratio is 6.3 — dangerously high. The company is heavily leveraged and vulnerable to rising rates or cash flow dips.
Revenue is stable or growing over recent quarters — demand appears durable.
FCF turned negative in 2 of the last 8 quarters — occasional cash consumption.
Shares decreased 20.6% — net buybacks are reducing shares outstanding and boosting per-share value.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation