# Talen Energy (TLN.US)

Canonical: https://gigainvestors.com/s/TLN

Analysis as of: 2026-10-16T07:32:25.062Z. 

Listing currency: USD. Reporting currency: USD.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: $353.60 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

- [Donald Yacktman](https://gigainvestors.com/YAM): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Howard Marks](https://gigainvestors.com/oc): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Dan Davidowitz](https://gigainvestors.com/pcm): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Up 567% since Oct 2023

Story as of 2026-10-16T10:01:26.677Z; price observation 2026-10-15.

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in utilities independent power producers; annual sales are USD 2.6 billion.

- Source: https://www.sec.gov/Archives/edgar/data/1622536/000162253626000017/tln-20251231.htm (filed 2026-02-26); FY2025: revenue 2626000000; grossProfit 1001000000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); TLN.US: 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.

### Why customers stay

Margins ranged from 32% to 43.3% during 2023–25.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-26); FY2023: grossProfit / revenue = 43.3%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-26); FY2024: grossProfit / revenue = 32%.

- Source: https://www.sec.gov/Archives/edgar/data/1622536/000162253626000017/tln-20251231.htm (filed 2026-02-26); FY2025: grossProfit / revenue = 38.1%.

### Where the cash goes

Paid no dividends in 5 years; bought back USD 103 million of shares.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-26); FY2023: growth capex 0; upkeep 348000000; owner earnings 772000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-26); FY2024: growth capex 0; upkeep 189000000; cash acquisitions 0; owner earnings 1230000000. Growth capex plus acquisitions / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-26); Dividend observations: [[2021,0],[2022,0],[2023,0],[2024,0],[2025,0]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://www.sec.gov/Archives/edgar/data/1622536/000162253626000017/tln-20251231.htm (filed 2026-02-26); FY2025: cash repurchases 103000000 USD.

### Are managers owners

Insiders own 1.4% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); TLN.US SharesStats.PercentInsiders = 1.3820000000000001 percentage points; cache date 2026-10-16.

### What the price says

The price is 6.2 times annual sales; cash earnings are negative.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-26); Closing price 353.6 USD; reporting-to-trading FX 1; FY2025 annual sales per share 57.47176748664974; price multiple 6.152586138613862. FY2025 cash earnings/share -1.0723977939245382. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2023-06: $50.15 per share

- 2023-07: $54.25 per share

- 2023-08: $55.25 per share

- 2023-09: $52.90 per share

- 2023-10: $52.98 per share

- 2023-11: $57.35 per share

- 2023-12: $64.00 per share

- 2024-01: $66.35 per share

- 2024-02: $74.80 per share

- 2024-03: $94.35 per share

- 2024-04: $100.00 per share

- 2024-05: $115.15 per share

- 2024-06: $111.02 per share

- 2024-07: $124.65 per share

- 2024-08: $149.61 per share

- 2024-09: $178.24 per share

- 2024-10: $181.36 per share

- 2024-11: $214.41 per share

- 2024-12: $201.47 per share

- 2025-01: $221.73 per share

- 2025-02: $207.95 per share

- 2025-03: $199.67 per share

- 2025-04: $215.08 per share

- 2025-05: $243.95 per share

- 2025-06: $290.77 per share

- 2025-07: $377.57 per share

- 2025-08: $378.92 per share

- 2025-09: $425.38 per share

- 2025-10: $399.78 per share

- 2025-11: $394.27 per share

- 2025-12: $374.84 per share

- 2026-01: $348.36 per share

- 2026-02: $370.97 per share

- 2026-03: $319.23 per share

- 2026-04: $372.42 per share

- 2026-05: $386.80 per share

- 2026-06: $384.26 per share

- 2026-07: $334.10 per share

- 2026-08: $295.76 per share

- 2026-09: $312.69 per share

- 2026-10: $353.60 per share

## Annual estimated value (USD per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/1622536/000162253626000017/tln-20251231.htm); period 2025-12-31, filed 2026-02-26.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.