PWR vs. TLN
PWR (Quanta Services, Inc.) and TLN (Talen Energy Corporation) are both stocks. PWR operates in Engineering & Construction (Industrials), while TLN operates in Utilities - Independent Power Producers (Utilities). Over the past 3 years, PWR returned 56.60%/yr vs 98.02%/yr for TLN. At a 0.44 correlation, their price movements are largely independent.
Performance
PWR vs. TLN - Performance Comparison
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Returns By Period
In the year-to-date period, PWR achieves a 67.76% return, which is significantly higher than TLN's -3.81% return.
PWR
- 1D
- 3.58%
- 1M
- -8.53%
- YTD
- 67.76%
- 6M
- 61.62%
- 1Y
- 97.52%
- 3Y*
- 56.60%
- 5Y*
- 50.60%
- 10Y*
- 41.17%
TLN
- 1D
- 4.56%
- 1M
- 2.71%
- YTD
- -3.81%
- 6M
- 1.17%
- 1Y
- 31.11%
- 3Y*
- 98.02%
- 5Y*
- —
- 10Y*
- —
PWR vs. TLN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PWR Quanta Services, Inc. | 67.76% | 33.70% | 46.60% | 22.73% |
TLN Talen Energy Corporation | -3.81% | 86.05% | 214.80% | 38.01% |
Correlation
The correlation between PWR and TLN is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Jun 2, 2023 | 0.44 |
The correlation between PWR and TLN has been stable across timeframes, ranging from 0.44 to 0.50 - a consistent structural relationship.
Fundamentals
PWR:
$107.64B
TLN:
$17.10B
PWR:
$7.29
TLN:
-$0.44
PWR:
3.58
TLN:
5.70
PWR:
11.90
TLN:
15.94
PWR:
$29.99B
TLN:
$3.02B
PWR:
$4.08B
TLN:
$1.06B
PWR:
$2.40B
TLN:
$326.00M
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Return for Risk
PWR vs. TLN — Risk / Return Rank
PWR
TLN
PWR vs. TLN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Quanta Services, Inc. (PWR) and Talen Energy Corporation (TLN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PWR | TLN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.09 | ||
| Sortino ratioReturn per unit of downside risk | +2.13 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.14 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 5.73 | 0.98 | +4.76 |
| Martin ratioReturn relative to average drawdown | 18.09 | 1.96 | +16.13 |
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Drawdowns
PWR vs. TLN - Drawdown Comparison
The maximum PWR drawdown since its inception was -97.07%, which is greater than TLN's maximum drawdown of -33.80%. Use the drawdown chart below to compare losses from any high point for PWR and TLN.
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Drawdown Indicators
| PWR | TLN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.07% | -33.80% | -63.27% |
Max Drawdown (1Y)Largest decline over 1 year | -17.11% | -32.05% | +14.94% |
Max Drawdown (3Y)Largest decline over 3 years | -33.89% | -33.80% | -0.09% |
Max Drawdown (5Y)Largest decline over 5 years | -33.89% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -45.53% | — | — |
Current DrawdownCurrent decline from peak | -9.87% | -19.13% | +9.26% |
Average DrawdownAverage peak-to-trough decline | -46.84% | -7.33% | -39.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.41% | 15.94% | -10.53% |
Volatility
PWR vs. TLN - Volatility Comparison
The current volatility for Quanta Services, Inc. (PWR) is 13.07%, while Talen Energy Corporation (TLN) has a volatility of 17.27%. This indicates that PWR experiences smaller price fluctuations and is considered to be less risky than TLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PWR | TLN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.07% | 17.27% | -4.20% |
Volatility (6M)Calculated over the trailing 6-month period | 30.74% | 42.00% | -11.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.12% | 56.34% | -19.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.79% | 49.98% | -14.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.78% | 49.98% | -16.20% |
Dividends
PWR vs. TLN - Dividend Comparison
PWR's dividend yield for the trailing twelve months is around 0.06%, while TLN has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
PWR Quanta Services, Inc. | 0.06% | 0.09% | 0.09% | 0.15% | 0.25% | 0.16% | 0.29% | 0.42% | 0.13% |
TLN Talen Energy Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
PWR vs. TLN - Financials Comparison
This section allows you to compare key financial metrics between Quanta Services, Inc. and Talen Energy Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
PWR vs. TLN - Profitability Comparison
PWR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Quanta Services, Inc. reported a gross profit of 1.11B and revenue of 7.87B. Therefore, the gross margin over that period was 14.1%.
TLN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Talen Energy Corporation reported a gross profit of 0.00 and revenue of 1.13B. Therefore, the gross margin over that period was 0.0%.
PWR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Quanta Services, Inc. reported an operating income of 338.78M and revenue of 7.87B, resulting in an operating margin of 4.3%.
TLN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Talen Energy Corporation reported an operating income of 210.00M and revenue of 1.13B, resulting in an operating margin of 18.6%.
PWR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Quanta Services, Inc. reported a net income of 220.63M and revenue of 7.87B, resulting in a net margin of 2.8%.
TLN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Talen Energy Corporation reported a net income of 63.00M and revenue of 1.13B, resulting in a net margin of 5.6%.
Frequently Asked Questions
PWR and TLN have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TLN has higher volatility (17.27%) compared to PWR (13.07%). In terms of maximum drawdown, PWR dropped -97.07% vs TLN's -33.80%.
PWR currently has the higher Sharpe Ratio (2.64 vs 0.55), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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