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Side-by-side financial comparison of iHeartMedia, Inc. (IHRT) and Talen Energy Corp (TLN). Click either name above to swap in a different company.

iHeartMedia, Inc. is the larger business by last-quarter revenue ($1.1B vs $758.0M, roughly 1.5× Talen Energy Corp). iHeartMedia, Inc. runs the higher net margin — -3.7% vs -47.9%, a 44.2% gap on every dollar of revenue. On growth, Talen Energy Corp posted the faster year-over-year revenue change (114.7% vs 0.8%). Talen Energy Corp produced more free cash flow last quarter ($254.0M vs $137.6M). Over the past eight quarters, Talen Energy Corp's revenue compounded faster (35.0% CAGR vs 18.8%).

iHeartMedia, Inc., or CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. It is the holding company of iHeartCommunications, Inc., formerly Clear Channel Communications, Inc., a company founded by Lowry Mays and Red McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners in a leveraged buyout in 2008.

PPL Corporation is an energy company headquartered in Allentown, Pennsylvania in the Lehigh Valley region of eastern Pennsylvania. The company is publicly traded on the New York Stock Exchange as NYSE: PPL and is part of the S&P 500. As of 2022, the company had $7.9 billion in revenue, 6,500 employees, over $37 billion in assets, and serves 3.6 million customers.

IHRT vs TLN — Head-to-Head

Bigger by revenue
IHRT
IHRT
1.5× larger
IHRT
$1.1B
$758.0M
TLN
Growing faster (revenue YoY)
TLN
TLN
+113.9% gap
TLN
114.7%
0.8%
IHRT
Higher net margin
IHRT
IHRT
44.2% more per $
IHRT
-3.7%
-47.9%
TLN
More free cash flow
TLN
TLN
$116.4M more FCF
TLN
$254.0M
$137.6M
IHRT
Faster 2-yr revenue CAGR
TLN
TLN
Annualised
TLN
35.0%
18.8%
IHRT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IHRT
IHRT
TLN
TLN
Revenue
$1.1B
$758.0M
Net Profit
$-41.9M
$-363.0M
Gross Margin
Operating Margin
7.6%
-41.3%
Net Margin
-3.7%
-47.9%
Revenue YoY
0.8%
114.7%
Net Profit YoY
-233.1%
-542.7%
EPS (diluted)
$-0.25
$-7.60

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IHRT
IHRT
TLN
TLN
Q4 25
$1.1B
$758.0M
Q3 25
$997.0M
$697.0M
Q2 25
$933.7M
$409.0M
Q1 25
$807.1M
$654.0M
Q4 24
$1.1B
$353.0M
Q3 24
$1.0B
$459.0M
Q2 24
$929.1M
$346.0M
Q1 24
$799.0M
$416.0M
Net Profit
IHRT
IHRT
TLN
TLN
Q4 25
$-41.9M
$-363.0M
Q3 25
$-66.3M
$207.0M
Q2 25
$-83.5M
$72.0M
Q1 25
$-281.2M
$-135.0M
Q4 24
$31.5M
$82.0M
Q3 24
$-41.3M
$168.0M
Q2 24
$-981.7M
$454.0M
Q1 24
$-18.5M
$294.0M
Operating Margin
IHRT
IHRT
TLN
TLN
Q4 25
7.6%
-41.3%
Q3 25
-11.7%
37.7%
Q2 25
3.8%
16.1%
Q1 25
-3.2%
-16.2%
Q4 24
9.3%
4.5%
Q3 24
7.6%
34.4%
Q2 24
-97.9%
7.8%
Q1 24
-4.3%
6.0%
Net Margin
IHRT
IHRT
TLN
TLN
Q4 25
-3.7%
-47.9%
Q3 25
-6.6%
29.7%
Q2 25
-8.9%
17.6%
Q1 25
-34.8%
-20.6%
Q4 24
2.8%
23.2%
Q3 24
-4.1%
36.6%
Q2 24
-105.7%
131.2%
Q1 24
-2.3%
70.7%
EPS (diluted)
IHRT
IHRT
TLN
TLN
Q4 25
$-0.25
$-7.60
Q3 25
$-0.43
$4.25
Q2 25
$-0.54
$1.50
Q1 25
$-1.84
$-2.94
Q4 24
$0.21
$2.07
Q3 24
$-0.27
$3.16
Q2 24
$-6.50
$7.60
Q1 24
$-0.12
$4.84

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IHRT
IHRT
TLN
TLN
Cash + ST InvestmentsLiquidity on hand
$270.9M
$689.0M
Total DebtLower is stronger
$5.1B
$6.8B
Stockholders' EquityBook value
$-1.8B
$1.1B
Total Assets
$5.1B
$10.9B
Debt / EquityLower = less leverage
6.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IHRT
IHRT
TLN
TLN
Q4 25
$270.9M
$689.0M
Q3 25
$192.2M
$497.0M
Q2 25
$235.9M
$122.0M
Q1 25
$167.7M
$295.0M
Q4 24
$259.6M
$328.0M
Q3 24
$431.8M
$648.0M
Q2 24
$364.7M
$632.0M
Q1 24
$361.4M
Total Debt
IHRT
IHRT
TLN
TLN
Q4 25
$5.1B
$6.8B
Q3 25
$5.1B
$3.0B
Q2 25
$5.1B
$3.0B
Q1 25
$5.1B
$3.0B
Q4 24
$5.1B
$3.0B
Q3 24
$5.2B
$2.6B
Q2 24
$5.2B
$2.6B
Q1 24
$5.1B
Stockholders' Equity
IHRT
IHRT
TLN
TLN
Q4 25
$-1.8B
$1.1B
Q3 25
$-1.8B
$1.5B
Q2 25
$-1.7B
$1.2B
Q1 25
$-1.6B
$1.2B
Q4 24
$-1.4B
$1.4B
Q3 24
$-1.4B
$2.4B
Q2 24
$-1.4B
$2.5B
Q1 24
$-398.6M
$2.8B
Total Assets
IHRT
IHRT
TLN
TLN
Q4 25
$5.1B
$10.9B
Q3 25
$5.1B
$6.1B
Q2 25
$5.4B
$5.8B
Q1 25
$5.3B
$5.9B
Q4 24
$5.6B
$6.1B
Q3 24
$5.8B
$6.8B
Q2 24
$5.8B
$7.1B
Q1 24
$6.8B
Debt / Equity
IHRT
IHRT
TLN
TLN
Q4 25
6.23×
Q3 25
2.03×
Q2 25
2.40×
Q1 25
2.54×
Q4 24
2.17×
Q3 24
1.10×
Q2 24
1.05×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IHRT
IHRT
TLN
TLN
Operating Cash FlowLast quarter
$156.3M
$280.0M
Free Cash FlowOCF − Capex
$137.6M
$254.0M
FCF MarginFCF / Revenue
12.2%
33.5%
Capex IntensityCapex / Revenue
1.7%
3.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$10.9M
$606.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IHRT
IHRT
TLN
TLN
Q4 25
$156.3M
$280.0M
Q3 25
$-9.5M
$489.0M
Q2 25
$6.8M
$-184.0M
Q1 25
$-60.9M
$119.0M
Q4 24
$1.2M
Q3 24
$102.8M
$96.0M
Q2 24
$26.7M
$-23.0M
Q1 24
$-59.3M
$173.0M
Free Cash Flow
IHRT
IHRT
TLN
TLN
Q4 25
$137.6M
$254.0M
Q3 25
$-32.8M
$468.0M
Q2 25
$-13.2M
$-217.0M
Q1 25
$-80.7M
$101.0M
Q4 24
$-24.2M
Q3 24
$73.3M
$83.0M
Q2 24
$5.6M
$-43.0M
Q1 24
$-80.9M
$148.0M
FCF Margin
IHRT
IHRT
TLN
TLN
Q4 25
12.2%
33.5%
Q3 25
-3.3%
67.1%
Q2 25
-1.4%
-53.1%
Q1 25
-10.0%
15.4%
Q4 24
-2.2%
Q3 24
7.3%
18.1%
Q2 24
0.6%
-12.4%
Q1 24
-10.1%
35.6%
Capex Intensity
IHRT
IHRT
TLN
TLN
Q4 25
1.7%
3.4%
Q3 25
2.3%
3.0%
Q2 25
2.1%
8.1%
Q1 25
2.4%
2.8%
Q4 24
2.3%
Q3 24
2.9%
2.8%
Q2 24
2.3%
5.8%
Q1 24
2.7%
6.0%
Cash Conversion
IHRT
IHRT
TLN
TLN
Q4 25
Q3 25
2.36×
Q2 25
-2.56×
Q1 25
Q4 24
0.04×
Q3 24
0.57×
Q2 24
-0.05×
Q1 24
0.59×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IHRT
IHRT

Broadcast Radio$469.9M42%
Digital Non Podcast$212.9M19%
Tradeand Barter Transactions$124.4M11%
Networks$118.2M10%
Audio And Media Services Group Segment$78.9M7%
Sponsorship And Events$71.4M6%
Advertising Trade And Barter Transactions$23.7M2%
Other$22.7M2%

TLN
TLN

Electricity Sales And Ancillary Services$555.0M73%
Operating Revenue Capacity$182.0M24%
Physical Electricity Sales Bilateral Contracts Other$21.0M3%

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