Talen Energy (TLN) Debt to Equity (2023 - 2026)

Talen Energy (TLN) recorded quarterly Debt to Equity of $6.34 in Q1 2026, up 1.8% quarter-over-quarter from $6.23 in Q4 2025, and up 144.08% on a YoY basis from $2.6 in Q1 2025.

Talen Energy (TLN) Debt to Equity (2023 - 2026) Analysis & Trends

Talen Energy's Debt to Equity history runs 4 years deep, the most recent figure standing at $6.34 for Q1 2026.

  • In Q1 2026, Debt to Equity rose 144.08% year-over-year to $6.34; the TTM figure through Mar 2026 stood at $6.34 (up 144.08% YoY), while the FY2025 annual figure was $6.23, up 187.72% from the prior year.
  • Debt to Equity was $6.34 for Q1 2026 at Talen Energy, up from $6.23 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $6.34 in Q1 2026 to a low of $1.04 in Q2 2024.
  • Historically, Debt to Equity has averaged $2.78 across 4 years, with a median of $2.17 in 2024.
  • Biggest YoY gain for Debt to Equity was 187.72% in 2025; the steepest drop was 89.33% in 2025.
  • A 4-year view of Debt to Equity shows it stood at $1.12 in 2023, then jumped by 93.04% to $2.17 in 2024, then surged by 187.72% to $6.23 in 2025, then gained by 1.8% to $6.34 in 2026.
  • The last three Debt to Equity figures came in at $6.34 (Q1 2026), $6.23 (Q4 2025), and $2.03 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Transalta 29,347,846.33 Bn 29,347,846.17 Bn 263.24 Mn -
2 Kenon Holdings 3,754,999.92 Bn 3,755,000.22 Bn 48.00 Mn 0.79
3 Vistra 50.25 Bn 48.56 Bn 4.94 Bn 3.42
4 Nrg Energy 26.74 Bn 23.49 Bn 1.40 Bn 4.72
5 Talen Energy 16.64 Bn 16.60 Bn - 6.34
6 Oklo 9.89 Bn 9.89 Bn - -
7 Digi Power X 420.60 Mn 363.72 Mn -801,636.00 -
8 Transalta - - 263.24 Mn -
9 Transalta - - 263.24 Mn -
10 Transalta - - 263.24 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 6.34
Dec 31, 2025 6.23
Sep 30, 2025 2.03
Jun 30, 2025 2.40
Mar 31, 2025 2.60
Dec 31, 2024 2.17
Sep 30, 2024 1.07
Jun 30, 2024 1.04
Dec 31, 2023 1.12