TLN (Talen Energy) Beneish M-Score: -3.01 (As of Jun. 24, 2026)


TLN Talen Energy Corp TLN
33 GF Score
Price $405.89
! 8 Warning Signs
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What is Talen Energy Beneish M-Score?

Talen Energy TLN -1.46% 33 Beneish M-Score is -3.01 as of Jun. 24, 2026. GuruFocus rates TLN with a GF Score™ of 33/100. The stock has 8 warning signs investors should review. Among 390 Utilities - Independent Power Producers companies, Talen Energy ranks better than 80.51% on this metric.

The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Good Sign:

Beneish M-Score -3.01 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Talen Energy's Beneish M-Score or its related term are showing as below:

TLN' s Beneish M-Score Range Over the Past 10 Years
Min: -1155.08   Med: -3   Max: -0.88
Current: -3.01

During the past 10 years, the highest Beneish M-Score of Talen Energy was -0.88. The lowest was -1155.08. And the median was -3.00.


Talen Energy Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Talen Energy's Beneish M-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Talen Energy Beneish M-Score Chart

Talen Energy Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.34 -1,155.08 -0.88 -1.53 -2.98

Talen Energy Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec21 Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 -2.13 -2.15 -2.98 -3.01

TLN vs OKLO, NRG, KEN: Beneish M-Score Comparison

For the Utilities - Independent Power Producers subindustry, Talen Energy's Beneish M-Score, along with its competitors' market caps and Beneish M-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Talen Energy Beneish M-Score vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Talen Energy's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Talen Energy's Beneish M-Score falls into.


TLN
33GF Score
Talen Energy Corp TLN
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Talen Energy Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of Talen Energy for today is based on a combination of the following eight different indices:

M=-4.84+0.92 * DSRI+0.528 * GMI+0.404 * AQI+0.892 * SGI+0.115 * DEPI
=-4.84+0.92 * 1.019+0.528 * 0.6887+0.404 * 0.563+0.892 * 1.5506+0.115 * 2.4008
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 2.5714+4.679 * -0.110252-0.327 * 1.2187
=-3.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was $158 Mil.
Revenue was 1241 + 771 + 770 + 454 = $3,236 Mil.
Gross Profit was 489 + 363 + 353 + 94 = $1,299 Mil.
Total Current Assets was $1,509 Mil.
Total Assets was $10,993 Mil.
Property, Plant and Equipment(Net PPE) was $7,499 Mil.
Depreciation, Depletion and Amortization(DDA) was $368 Mil.
Selling, General, & Admin. Expense(SGA) was $614 Mil.
Total Current Liabilities was $1,210 Mil.
Long-Term Debt & Capital Lease Obligation was $6,778 Mil.
Net Income was 63 + -363 + 207 + 72 = $-21 Mil.
Non Operating Income was -164 + -20 + 144 + 185 = $145 Mil.
Cash Flow from Operations was 461 + 280 + 489 + -184 = $1,046 Mil.
Total Receivables was $100 Mil.
Revenue was 631 + 488 + 555 + 413 = $2,087 Mil.
Gross Profit was 191 + 152 + 176 + 58 = $577 Mil.
Total Current Assets was $846 Mil.
Total Assets was $5,865 Mil.
Property, Plant and Equipment(Net PPE) was $3,138 Mil.
Depreciation, Depletion and Amortization(DDA) was $397 Mil.
Selling, General, & Admin. Expense(SGA) was $154 Mil.
Total Current Liabilities was $522 Mil.
Long-Term Debt & Capital Lease Obligation was $2,975 Mil.




1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(158 / 3236) / (100 / 2087)
=0.048826 / 0.047916
=1.019

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(577 / 2087) / (1299 / 3236)
=0.276473 / 0.401422
=0.6887

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (1509 + 7499) / 10993) / (1 - (846 + 3138) / 5865)
=0.180569 / 0.320716
=0.563

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=3236 / 2087
=1.5506

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI=(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1)) / (Depreciation_t / (Depreciaton_t + PPE_t))
=(397 / (397 + 3138)) / (368 / (368 + 7499))
=0.112306 / 0.046778
=2.4008

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(614 / 3236) / (154 / 2087)
=0.18974 / 0.07379
=2.5714

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((6778 + 1210) / 10993) / ((2975 + 522) / 5865)
=0.726644 / 0.596249
=1.2187

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA=(IncomefromContinuingOperations_t - CashFlowsfromOperations_t) / TotalAssets_t
=(NetIncome_t - NonOperatingIncome_t - CashFlowsfromOperations_t) / TotalAssets_t
=(-21 - 145 - 1046) / 10993
=-0.110252

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Talen Energy has a M-score of -3.01 suggests that the company is unlikely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of -3.01 mean?
Talen Energy (TLN) has a Beneish M-Score of -3.01 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Talen Energy and its competitors. According to the industry distribution chart, Talen Energy ranks #76 out of 390 companies in the Utilities - Independent Power Producers industry, placing it in the top 19.5%.
Is Talen Energy's Beneish M-Score too high?
Talen Energy's current Beneish M-Score is -3.01. Based on the distribution chart, Talen Energy ranks #76 out of 390 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Talen Energy has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Talen Energy's Beneish M-Score compare to OKLO and NRG?
According to the Utilities - Independent Power Producers industry distribution chart, Talen Energy ranks #76 out of 390 companies for Beneish M-Score. This places Talen Energy in the top 20% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for an Utilities - Independent Power Producers company?
A good Beneish M-Score depends on the Utilities - Independent Power Producers industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Talen Energy and its competitors. Talen Energy's current Beneish M-Score is -3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Talen Energy stock overvalued right now?
Talen Energy (TLN) has a current Beneish M-Score of -3.01. The current Beneish M-Score is -3.01. Talen Energy's overall GF Score™ is 33/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For Talen Energy (TLN), the current Beneish M-Score is -3.01 as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Talen Energy Business Description

Other Exchanges 1TLN:Italy
Address 2929 Allen Parkway, Suite 2200, Houston, TX, USA, 77019
Talen Energy Corp is an independent power producer and energy infrastructure company based in the United States. It owns and operates several gigawatts of power infrastructure in the United States, including 2.2GW of nuclear power and a dispatchable fossil fleet. The company produces and sells electricity, capacity, and ancillary services into wholesale U.S. power markets, with its generation fleet principally located in the Mid-Atlantic, Ohio, and Montana. Talen's operating segments are: PJM and Others. The PJM segment, which generates maximum revenue, is engaged in electricity generation, marketing activities, and commodity risk and fuel management within the PJM market and is comprised of Susquehanna and Talen's natural gas and coal generation facilities in PJM.
33GF Score

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Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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