Talen Energy Corporation (TLN) Key Metrics
TLN valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $16.78B
- Enterprise value
- $23.73B
- P/E (TTM)
- —
- Forward P/E
- 9.9
- PEG ratio
- —
- Price / sales
- 4.5 10-yr median 5.5
- Price / book
- 8.9 10-yr median 8.2
- EV / EBITDA
- 30.8 10-yr median 7.9
- Dividend yield
- —
- Beta
- 1.62
TLN key metrics, 2014–2025
Fiscal year ended December 31, 2025 · U.S. dollarsTLN valuation Price multiples at each fiscal year-end price.
TLN returns How much profit the business earns on the capital it uses.
TLN per-share figures Results divided by the shares outstanding at year-end.
TLN financial health Debt, liquidity and how easily interest is covered.
TLN efficiency & capital use Working capital cycle and where the cash goes.
TLN valuation history
TLN returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
TLN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
TLN cash returned to shareholders
TLN price vs earnings per share
TLN key metrics
2014–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|
| Valuation | |||||||
| Market capitalization | $17.13B | $11.38B | $3.78B | — | — | — | — |
| Enterprise value | $23.20B | $14.06B | $6.20B | — | — | — | — |
| P/E ratio | — | 11.4 | 6.2 | — | — | — | — |
| Price / sales | 6.5 | 5.5 | 1.5 | — | — | — | — |
| Price / book | 15.7 | 8.2 | 1.5 | — | — | — | — |
| Price / free cash flow | 41.9 | 210.7 | 7.3 | — | — | — | — |
| Price / operating cash flow | 27.8 | 46.8 | 4.4 | — | — | — | — |
| EV / sales | 8.8 | 6.8 | 2.5 | — | — | — | — |
| EV / EBITDA | 45.3 | 7.9 | 6.3 | — | — | — | — |
| EV / free cash flow | 56.7 | 260.3 | 12.0 | — | — | — | — |
| Earnings yield | −1.3% | 8.8% | 16.2% | — | — | — | — |
| Free cash flow yield | 2.4% | 0.5% | 13.7% | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 0.6% | 17.2% | 1.1% | — | — | — | — |
| Share price at fiscal year-end | $374.84 | $201.47 | $64.00 | — | — | — | — |
| Per share | |||||||
| Revenue per share | $57.47 | $36.70 | $41.32 | $53.63 | $39.47 | $32.89 | $33.26 |
| Earnings per share | −$4.79 | $17.67 | $10.38 | −$28.66 | −$21.99 | −$3.10 | $1.08 |
| Operating cash flow per share | $13.46 | $4.30 | $14.64 | $4.16 | −$6.54 | $6.99 | — |
| Free cash flow per share | $8.95 | $0.96 | $8.74 | −$2.78 | −$11.52 | $2.25 | — |
| Cash per share | $16.46 | $5.82 | $6.78 | $21.97 | $6.14 | $7.36 | $17.18 |
| Book value per share | $23.92 | $24.55 | $41.62 | −$12.74 | $16.30 | $39.15 | $41.86 |
| Tangible book value per share | $23.92 | $24.47 | $41.61 | −$14.36 | $14.52 | $36.33 | $31.62 |
| Dividends per share | — | — | — | — | — | $1.97 | — |
| Capex per share | $4.51 | $3.35 | $5.90 | $6.94 | $4.98 | $4.74 | — |
| Debt per share | $149.28 | $53.18 | $47.77 | $96.77 | $105.44 | $43.78 | $31.96 |
| Shares outstanding | 45.7M | 56.5M | 59.0M | 45.0M | 45.0M | 109.9M | 128.5M |
| Change in shares outstanding | −19.1% | −4.3% | +31.2% | 0.0% | −59.1% | −14.5% | — |
| Returns & profitability | |||||||
| Return on equity (ROE) | −17.7% | 51.9% | 65.1% | — | −39.3% | −7.0% | 2.6% |
| Return on invested capital (ROIC) | 0.2% | 3.4% | 1.5% | 2.1% | −5.2% | 1.4% | 3.5% |
| Return on assets (ROA) | −2.6% | 15.1% | 6.9% | −12.4% | −8.6% | −2.6% | 1.0% |
| Return on tangible assets | −2.0% | 16.4% | 8.6% | −12.1% | −9.9% | −2.7% | 1.1% |
| Free cash flow margin | 15.6% | 2.6% | 21.2% | −5.2% | −29.2% | 6.8% | — |
| Income quality (OCF / net income) | — | 0.24 | 1.41 | — | — | — | — |
| Financial health | |||||||
| Total debt | $6.82B | $3.00B | $2.82B | $4.35B | $4.74B | $4.81B | $4.11B |
| Cash & short-term investments | $752.0M | $329.0M | $400.0M | $988.0M | $276.0M | $809.0M | $2.21B |
| Net debt | $6.07B | $2.67B | $2.42B | $3.36B | $4.47B | $4.00B | $1.90B |
| Debt / equity | 6.24 | 2.17 | 1.15 | — | 6.47 | 1.12 | 0.76 |
| Debt / assets | 0.63 | 0.49 | 0.40 | 0.41 | 0.47 | 0.38 | 0.30 |
| Net debt / EBITDA | 11.85 | 1.51 | 2.48 | — | — | 9.48 | 2.45 |
| Current ratio | 1.28 | 2.29 | 3.20 | 0.88 | 0.80 | 1.32 | 1.10 |
| Quick ratio | 1.02 | 1.62 | 2.43 | 0.78 | 0.68 | 1.08 | 0.92 |
| Interest coverage | 0.1 | 0.7 | 0.3 | 0.3 | -1.4 | 0.7 | 1.9 |
| Working capital | $299.0M | $585.0M | $1.07B | −$598.0M | −$707.0M | $674.0M | $300.0M |
| Invested capital | $7.16B | $4.06B | $4.88B | $2.79B | $5.20B | $8.30B | $7.28B |
| Tangible asset value | $1.09B | $1.38B | $2.53B | −$555.0M | $653.0M | $3.99B | $4.06B |
| Net current asset value | −$8.46B | −$3.68B | −$3.03B | −$6.94B | −$6.52B | −$5.76B | −$5.08B |
| Graham number | — | $98.80 | $98.62 | — | — | — | $31.92 |
| Graham net-net per share | −$192.02 | −$73.41 | −$66.01 | −$215.27 | −$194.69 | −$64.97 | −$43.46 |
| Capital allocation | |||||||
| Dividends paid | — | — | — | — | — | $217.0M | — |
| Share buybacks (net) | $103.0M | $1.96B | $40.0M | $0 | — | $141.0M | — |
| Dividends + buybacks / free cash flow | 25.2% | — | 7.8% | — | — | 144.9% | — |
| Capex / revenue | 7.8% | 9.1% | 14.3% | 12.9% | 12.6% | 14.4% | — |
| Capex / operating cash flow | 33.5% | 77.8% | 40.3% | 166.8% | — | 67.8% | — |
| Capex / depreciation | 0.55 | 0.45 | 0.69 | 0.51 | 0.40 | 0.90 | — |
| Stock-based compensation / revenue | 20.0% | 1.6% | — | — | — | 0.5% | — |
| SG&A / revenue | 23.8% | 7.9% | 6.0% | 4.4% | 8.3% | — | — |
| Efficiency | |||||||
| Days sales outstanding | 22.2 | 22.9 | 40.8 | 39.6 | 55.7 | 52.4 | 52.1 |
| Days of inventory on hand | 65.1 | 87.7 | 109.7 | 95.6 | 108.4 | 56.9 | 53.5 |
| Days payables outstanding | 61.4 | 79.0 | 105.2 | 81.6 | 67.9 | 34.9 | 34.8 |
| Cash conversion cycle (days) | 25.9 | 31.6 | 45.3 | 53.6 | 96.2 | 74.4 | 70.8 |
| Receivables turnover | 16.46 | 15.95 | 8.95 | 9.22 | 6.55 | 6.97 | 7.01 |
| Payables turnover | 5.94 | 4.62 | 3.47 | 4.47 | 5.37 | 10.46 | 10.49 |
| Inventory turnover | 5.60 | 4.16 | 3.33 | 3.82 | 3.37 | 6.42 | 6.82 |
| Asset turnover | 0.31 | 0.31 | 0.27 | 0.23 | 0.16 | 0.27 | 0.31 |
| Average receivables | $159.5M | $130.0M | $272.5M | $261.5M | $271.0M | $518.5M | $610.0M |
| Average payables | $273.5M | $305.0M | $399.0M | $367.0M | $285.5M | $326.0M | $361.0M |
| Average inventory | $290.0M | $338.5M | $416.0M | $430.0M | $455.5M | $531.5M | $555.0M |
| Intangibles / total assets | 0.0% | 0.1% | 0.0% | 0.7% | 0.8% | 2.4% | 9.5% |
Computed from TLN's annual financial statements (latest annual report filed February 26, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
TLN valuation and financial ratios
Talen Energy earned a return on equity of −17.7% and a return on invested capital of 0.2% in fiscal 2025. It ended the year with $6.8 billion of debt and $752.0 million in cash and short-term investments, net debt of $6.1 billion. It returned $103.0 million to shareholders: $0 in dividends and $103.0 million in share buybacks, 25% of free cash flow. The share count fell 64.4% from 128.5M to 45.7M over 6 years.
See the TLN income statement, the TLN chart for price history, or the TLN stock overview for the latest quote and news.
TLN key metrics FAQ
What is Talen Energy's EV/EBITDA?
Talen Energy's enterprise value was 45.3 times EBITDA at the end of fiscal 2025 (enterprise value $23.2 billion, EBITDA $512.0 million); the current EV/EBITDA is 30.8.
What is Talen Energy's return on equity?
Talen Energy's return on equity (ROE) was −17.7% in fiscal 2025: net income of -$219.0 million on average shareholders' equity of $1.2 billion.
What is Talen Energy's ROIC?
Talen Energy's return on invested capital was 0.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Talen Energy have?
Talen Energy had total debt of $6.8 billion at the end of fiscal 2025, a debt-to-equity ratio of 6.24 and $6.1 billion of net debt (11.85 times EBITDA).
Does Talen Energy buy back its shares?
Yes. Talen Energy spent $103.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −19.1% over the year, to 45.7M..
What is Talen Energy's free cash flow yield?
Talen Energy generated $409.0 million of free cash flow in fiscal 2025, a free cash flow yield of 2.4% on its market value at year-end ($17.1 billion).
What is Talen Energy's current ratio?
Talen Energy's current ratio was 1.28 at the end of fiscal 2025: current assets were 1.28 times current liabilities.