TLNTalen Energy Corporation

$306.31

Is it safe?

Can TLN take a bad year?

Talen Energy Corporation carries $9.34B of net debt at 22.3× EBITDA: a heavy load to carry through a bad year.

$9.34B

Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
22.3×

Net debt / EBITDA · 6.89× a year ago · the load is going up

Altman Z-score
1.38

Altman Z-score · distress zone, below 1.8

Interest cover
0.18×

Interest cover · operating profit barely covers the interest bill

Details
Total debtQ2 2026
$9.57B
Cash and short-term investments
$231M
Net debt
$9.34B
EBITDA, trailing twelve months
$418M
Operating profit, trailing twelve months
$88M
Debt / equity
5.92×
Total debt / EBITDA
22.9×
Annualised volatilitytwo years of daily moves
59%
Worst drawdown on file
−34%
Below its 52-week high
−31%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.