Talen Energy Corp TLN
Talen is a leading independent power producer and energy infrastructure company dedicated to powering the future. We own and operate approximately 13.1 GW of power infrastructure in the United States, including 2.2 GW of nuclear power and a significant dispatchable fossil fleet. We produce and sell electricity, capacity, and ancillary services into wholesale U.S. power markets, with our generation fleet principally located in the Mid-Atlantic, Ohio, and Montana. Our team is committed to generating power safely and reliably and delivering the most value per megawatt produced. Talen is also powering the digital infrastructure revolution. We are well-positioned to serve this growing industry, as artificial intelligence data centers increasingly demand more reliable power.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.52B | $1.57B | — | $3.21B | — | — | — | — | — |
| SG&A | $624.0M | $163.0M | — | $106.0M | — | — | — | — | — |
| Operating income | -$90.0M | $226.0M | — | $241.0M | — | -$39.0M | $397.0M | -$293.0M | — |
| Interest expense | — | — | — | — | — | $211.0M | $124.0M | $159.0M | — |
| Pre-tax income | -$166.0M | $1.11B | — | -$1.33B | — | -$368.0M | $303.0M | -$420.0M | — |
| Income tax | $53.0M | $98.0M | — | $35.0M | — | $27.0M | $116.0M | $159.0M | — |
| Net income | -$219.0M | $998.0M | — | -$1.29B | — | -$341.0M | $410.0M | -$230.0M | — |
| EPS, basic | -4.79 | 18.40 | — | — | — | -3.10 | 4.91 | -2.75 | — |
| EPS, diluted | -4.79 | 17.67 | — | — | — | -3.10 | 4.91 | -2.75 | — |
| Shares, diluted (wtd. avg.) | 45.7M | 56.5M | — | 0 | — | 109.9M | 83.5M | 83.5M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $689.0M | $328.0M | $901.0M | $169.0M | $743.0M | $141.0M | $352.0M | $239.0M | $413.0M |
| Receivables | $160.0M | $66.0M | $52.0M | — | — | $205.0M | $186.0M | — | — |
| Inventory | $278.0M | $302.0M | $375.0M | $307.0M | — | $508.0M | $455.0M | — | — |
| Total current assets | $1.35B | $1.04B | $1.55B | $1.52B | — | $2.76B | $2.70B | — | — |
| Property, plant and equipment | $7.55B | $3.15B | $3.84B | $3.86B | — | $8.59B | $6.44B | — | — |
| Goodwill | — | — | — | — | — | $0 | $72.0M | $86.0M | — |
| Other intangibles | — | — | — | — | — | $310.0M | $257.0M | — | — |
| Total assets | $10.90B | $6.11B | $7.12B | $7.80B | — | $12.83B | $10.76B | — | — |
| Accounts payable | — | — | — | — | — | $291.0M | $361.0M | — | — |
| Short-term debt | $29.0M | $17.0M | $9.0M | $5.0M | — | $399.0M | $535.0M | — | — |
| Total current liabilities | $1.05B | $455.0M | $486.0M | $519.0M | — | $2.09B | $2.89B | — | — |
| Long-term debt | $6.78B | $2.99B | $2.81B | $2.84B | — | $3.80B | $1.68B | — | — |
| Total liabilities | $9.81B | $4.72B | $4.59B | $9.80B | — | — | — | — | — |
| Retained earnings | -$612.0M | -$326.0M | $134.0M | — | — | -$373.0M | $0 | — | — |
| Total equity | $1.09B | $1.39B | $2.53B | $2.32B | — | $4.30B | $3.91B | $4.80B | $3.85B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $704.0M | $256.0M | — | $187.0M | — | $768.0M | $462.0M | $410.0M | — |
| Depreciation and amortisation | $279.0M | $298.0M | — | $520.0M | — | $356.0M | $297.0M | $299.0M | — |
| Stock-based compensation | $526.0M | $33.0M | — | $0 | — | — | — | — | — |
| Capital expenditure | $98.0M | $85.0M | — | $232.0M | — | $451.0M | $416.0M | $583.0M | — |
| Investing cash flow | -$4.00B | $1.17B | — | -$368.0M | — | -$915.0M | $497.0M | -$631.0M | — |
| Financing cash flow | $3.69B | -$1.96B | — | $426.0M | — | -$64.0M | -$846.0M | $47.0M | — |
| Buybacks | $103.0M | $1.96B | — | $0 | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001622536-26-000017.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2012 | FY2013 | FY2014 | FY2015 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | $3.21B | — | $1.57B | $2.52B |
| Gross profit | — | — | — | — | — | — | — | — | — |
| Net income | — | -$230.0M | $410.0M | -$341.0M | — | -$1.29B | — | $998.0M | -$219.0M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
- Regulation FD disclosure Item 7.01
- Material agreement signed Item 1.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 4911
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|---|---|---|---|---|
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| AEP | AMERICAN ELECTRIC POWER CO INC | $70.56B | 19.5x | 8.7% |
| D | DOMINION ENERGY, INC | $57.34B | 18.9x | 16.5% |
| VST | Vistra Corp. | $47.04B | 64.3x | 19.1% |
| DTE | DTE ENERGY CO | $27.44B | 18.8x | — |
| CNP | CENTERPOINT ENERGY INC | $26.87B | 25.7x | 9.2% |
| FE | FIRSTENERGY CORP | $26.69B | 26.2x | 12.0% |