Talen Energy Corporation

TLNNASDAQUtilities● Active

$367.98

+$3.24(+0.89%)

Market Cap$16.8B

P/E Ratio—

52W High$451.28

52W Low$246.95

Avg Volume729K

Open$369.90

Beta1.60

Free Cash Flow Financials Revenue

Talen Energy Corporation (TLN) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

TLN · free cash flow · updated Jun 8, 2026

Core FCF metrics

TLN · FCF · TTM · margin & CAGR

Free cash flow was $409.0M for FY2025 (fiscal year ending 2025-12-31), up 657.4% year-over-year The FCF margin was 16.2%.

FY2025 Free Cash Flow$409.0M▲ +657.4% YoY

Trailing 12M (TTM)$916.0Mtrailing 4 quarters sum

FCF Margin16.2%$409.0M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

TLN · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$615.0M(206M)$409.0M▲ +657.4%16.2%

FY2024$243.0M(189M)$54.0M▼ 89.5%2.6%

FY2023$864.0M(348M)$516.0M▲ +512.8%21.2%

FY2022$187.0M(312M)−$125.0M▲ +75.9%-5.2%

FY2021−$294.0M(224M)−$518.0M—-29.2%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

TLN · P/FCF · FCF yield · FCF per share

Talen Energy Corporation (TLN) trades at a FCF yield of 5.50% and a price-to-free-cash-flow ratio of 18.4x. FCF per share stands at $20.05, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

5.50%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$20.05

TTM FCF ÷ Shares Outstanding

Price / FCF

x18.4

Share Price ÷ FCF per Share

EV / FCF (TTM)

x24.5

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

TLN · cash flow statement · operating / investing / financing

For FY2025, Talen Energy Corporation generated $615.0M in operating cash flow and spent 206M in capital expenditures, yielding $409.0M in free cash flow.

Operating Activities

+$615.0M

Cash from core business operations

2025-12-31

Investing Activities

−$4.00B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$3.77B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($615.0M) − |CapEx| (206M) = FCF ($409.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Utilities)

TLN vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Talen Energy CorporationYOU

TLN

$409.0M+657.4%16.2%

11%

Constellation Energy Corporation

CEG

$1.29B+125.6%5.0%

35%

Duke Energy Corporation

Utilities · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Talen Energy Corporation (TLN) reported free cash flow of $409.0M for FY2025 (fiscal year ending 2025-12-31), up 657.4% year-over-year. The FCF margin was 16.2%.

Based on available data, Talen Energy Corporation has maintained positive free cash flow for at least 3 fiscal year(s). FCF peaked at $516.0M in FY2023.

Talen Energy Corporation's FCF yield is 5.50% and price-to-FCF ratio is 18.4x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

TLN free cash flow · 8 questions

Talen Energy Corporation free cash flow was $409.0M for FY2025, up 657.4% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $916.0M.

TLN free cash flowTLN FCFTLN FCF 2025TLN free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Talen Energy Corporation · Talen Energy Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026