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NRG Energy vs Talen Energy

NRG Energy is the larger business, with $30.71bn of revenue in fiscal 2025 against $2.58bn for Talen Energy (11.9 times as much). Talen Energy grew faster (22.0% against 9.2%). NRG Energy kept more of each dollar of sales as profit: a net margin of 2.8% against -8.5%. Talen Energy carries less debt relative to equity (632.3% against 987.5%).

Latest fiscal yearNRG EnergyNRG, 2025Talen EnergyTLN, 2025
Revenue $30.71bn $2.58bn
Revenue growth 9.2% 22.0%
Net income $864m −$219m
Operating margin 6.0% -3.5%
Net margin 2.8% -8.5%
Return on equity 41.5% -17.7%
Free cash flow $766m $606m
Cash $4.71bn $689m
Total debt $16.60bn $6.91bn
Debt to equity 987.5% 632.3%
Dividend per share $1.76 —
Dividend yield 2.2% —
Share buybacks $1.31bn $103m
Employees 16,702 —
Market value $20.38bn $16.97bn
Price vs our value range Within our value range —
Moat score 46 (Moderate) —
Insider trades, 12 months 0 buys, 15 sales 0 buys, 1 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.