Talen Energy Debt-to-Equity Ratio Growth & History (TLN)
Talen Energy's debt-to-equity ratio was 6.23 for fiscal 2025.
View full Talen Energy company overviewTalen Energy annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 6.23 | 4.07 | +187.72% |
| 2024 | 2024-12-31 | 2.17 | 1.02 | +88.70% |
| 2023 | 2023-12-31 | 1.15 | — | — |
| 2015 | 2015-12-31 | 1.11 | 0.39 | +52.84% |
| 2014 | 2014-12-31 | 0.73 | — | — |
Talen Energy quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 5.92 | 3.52 | +146.92% |
| Q1 2026 | 2026-03-31 | 6.34 | 3.81 | +150.19% |
| Q4 2025 | 2025-12-31 | 6.23 | 4.07 | +187.72% |
| Q3 2025 | 2025-09-30 | 2.03 | 0.93 | +84.84% |
| Q2 2025 | 2025-06-30 | 2.40 | 1.35 | +129.38% |
| Q1 2025 | 2025-03-31 | 2.54 | — | — |
| Q4 2024 | 2024-12-31 | 2.17 | 1.02 | +88.30% |
| Q3 2024 | 2024-09-30 | 1.10 | — | — |
| Q2 2024 | 2024-06-30 | 1.05 | — | — |
| As of Dec 31, 2023 | 2023-12-31 | 1.15 | — | — |
| Q3 2016 | 2016-09-30 | 0.93 | 0.01 | +1.63% |
| Q2 2016 | 2016-06-30 | 0.95 | 0.11 | +13.20% |
| Q1 2016 | 2016-03-31 | 0.96 | — | — |
| Q4 2015 | 2015-12-31 | 1.11 | 0.39 | +52.84% |
| Q3 2015 | 2015-09-30 | 0.92 | — | — |
| Q2 2015 | 2015-06-30 | 0.84 | — | — |
| Q4 2014 | 2014-12-31 | 0.73 | — | — |
Talen Energy debt-to-equity ratio trends
Between the periods ended 2014-12-31 and 2025-12-31, Talen Energy's debt-to-equity ratio increased from 0.73 to 6.23, a change of 5.50. The latest reported quarter, Q2 2026, shows 5.92.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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