NYSE : TALO
Talos Energy Inc. — Financial statements
Energy · Oil & Gas Exploration & Production · United States
Last price 18.23 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 3.04B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Talos Energy Inc. (TALO) reported revenue of 1.98B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 1.98B | 1.78B | 1.97B | 1.46B | 1.65B | 1.24B |
| Revenue | 1.98B | 1.78B | 1.97B | 1.46B | 1.65B | 1.24B |
| Cost of Revenue | 566.66M | 546.72M | 566.04M | 389.62M | 308.09M | 283.60M |
| Gross Profit | 1.41B | 1.23B | 1.41B | 1.07B | 1.34B | 957.58M |
| Selling, General & Admin | 166.92M | 155.37M | 151.92M | 117.39M | 90.75M | 78.68M |
| Other Operating Expenses | 246.17M | 18.39M | 101.45M | 7.39M | 330.53M | 482.58M |
| Operating Expenses | 1.38B | 1.23B | 1.28B | 788.32M | 835.91M | 957.25M |
| Operating Income | 33.73M | 2.90M | 129.23M | 277.50M | 504.49M | 323.00K |
| Interest Expense | -159.98M | -163.38M | -187.64M | -173.15M | -125.50M | -133.14M |
| Earnings From Equity Investments | 5.43M | -1.81M | -10.29M | -3.21M | 14.22M | |
| Other Non Operating Income (Expenses) | 15.70M | 15.52M | 15.33M | 12.37M | 5.87M | 1.84M |
| EBT Excluding Unusual Items | -105.12M | -146.77M | -53.38M | 113.51M | 399.08M | -130.98M |
| Merger & Restructuring Charges | -44.60M | -41.10M | -9.00M | |||
| Gain (Loss) on Sale of Assets | 100.40M | 66.20M | ||||
| Asset Writedown | -375.62M | -454.48M | -23.73M | |||
| Legal Settlements | -14.30M | 27.50M | ||||
| Other Unusual Items | -3.70M | -3.25M | -73.81M | -11.88M | -33.13M | -29.88M |
| Pretax Income | -498.74M | -604.49M | -71.39M | 126.73M | 384.45M | -184.59M |
| Income Tax Expense | -93.11M | -109.17M | 5.00M | -60.60M | 2.54M | -1.64M |
| Earnings From Continuing Operations | -405.63M | -495.32M | -76.39M | 187.33M | 381.92M | -182.95M |
| Minority Interest in Earnings | 651.00K | 1.03M | ||||
| Net Income | -404.98M | -494.29M | -76.39M | 187.33M | 381.92M | -182.95M |
| Net Income to Common | -404.98M | -494.29M | -76.39M | 187.33M | 381.92M | -182.95M |
| Shares Outstanding (Basic) | 169.58M | 175.14M | 175.60M | 119.89M | 82.45M | 81.77M |
| Shares Outstanding (Diluted) | 169.58M | 175.14M | 175.60M | 120.75M | 83.68M | 81.77M |
| EPS (Basic) | -2.39 | -2.82 | -0.44 | 1.56 | 4.63 | -2.24 |
| EPS (Diluted) | -2.39 | -2.82 | -0.44 | 1.55 | 4.56 | -2.24 |
| Free Cash Flow | 330.79M | 453.92M | 453.68M | -42.37M | 386.57M | 118.06M |
| Free Cash Flow Per Share | 1.95 | 2.59 | 2.58 | -0.35 | 4.62 | 1.44 |
| Gross Margin | 71.37% | 69.28% | 71.30% | 73.23% | 81.31% | 77.15% |
| Operating Margin | 1.70% | 0.16% | 6.55% | 19.07% | 30.60% | 0.03% |
| Profit Margin | -20.46% | -27.77% | -3.87% | 12.87% | 23.17% | -14.74% |
| Free Cash Flow Margin | 16.71% | 25.51% | 23.00% | -2.91% | 23.45% | 9.51% |
| EBITDA | 1.13B | 1.18B | 1.27B | 1.03B | 975.11M | 454.45M |
| EBITDA Margin | 57.23% | 66.56% | 64.42% | 70.58% | 59.15% | 36.61% |
| D&A For EBITDA | 1.10B | 1.18B | 1.14B | 749.69M | 470.62M | 454.12M |
| EBIT | 33.73M | 2.90M | 129.23M | 277.50M | 504.49M | 323.00K |
| EBIT Margin | 1.70% | 0.16% | 6.55% | 19.07% | 30.60% | 0.03% |
| Effective Tax Rate | 0.66% | |||||
| Revenue as Reported | 1.98B | 1.78B | 1.97B | 1.46B | 1.65B | 1.24B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 577.59M | 362.81M | 108.17M | 33.64M | 44.15M | 69.85M |
| Cash & Short-Term Investments | 577.59M | 362.81M | 108.17M | 33.64M | 44.15M | 69.85M |
| Accounts Receivable | 318.67M | 299.32M | 370.26M | 258.31M | 205.29M | 201.41M |
| Other Receivables | 11.68M | 23.74M | 34.00M | 19.30M | 6.68M | 18.06M |
| Receivables | 330.35M | 323.06M | 404.26M | 277.61M | 211.98M | 219.47M |
| Prepaid Expenses | 141.83M | 83.08M | 77.49M | 64.39M | 84.76M | 48.04M |
| Other Current Assets | 45.95M | 72.36M | 69.47M | 46.54M | 26.95M | 2.64M |
| Total Current Assets | 1.10B | 841.31M | 659.38M | 422.18M | 367.83M | 340.00M |
| Property, Plant & Equipment | 4.10B | 4.45B | 5.23B | 4.05B | 2.65B | 2.39B |
| Long-Term Investments | 44.66M | 112.38M | 111.27M | 146.05M | 1.75M | |
| Other Long-Term Assets | 172.35M | 131.88M | 176.83M | 180.15M | 39.87M | 32.52M |
| Total Assets | 5.43B | 5.55B | 6.19B | 4.82B | 3.06B | 2.77B |
| Accounts Payable | 87.84M | 92.98M | 117.06M | 84.19M | 128.17M | 85.81M |
| Accrued Expenses | 373.63M | 398.96M | 453.67M | 325.04M | 308.32M | 227.04M |
| Current Portion of Long-Term Debt | 33.06M | 6.06M | ||||
| Current Portion of Leases | 26.34M | 25.13M | 23.43M | 20.50M | 18.25M | 28.80M |
| Other Current Liabilities | 191.68M | 127.65M | 128.91M | 115.82M | 152.31M | 252.81M |
| Total Current Liabilities | 679.50M | 644.72M | 723.05M | 578.62M | 607.06M | 600.53M |
| Long-Term Debt | 1.23B | 1.23B | 1.22B | 992.61M | 585.34M | 956.67M |
| Long-Term Leases | 88.69M | 102.12M | 127.13M | 149.44M | 163.92M | 29.47M |
| Other Long-Term Liabilities | 1.40B | 1.41B | 1.36B | 940.49M | 536.73M | 419.50M |
| Total Liabilities | 3.40B | 3.38B | 3.43B | 2.66B | 1.89B | 2.01B |
| Common Stock | 1.90M | 1.89M | 1.87M | 1.27M | 826.00K | 819.00K |
| Additional Paid-In Capital | 3.31B | 3.30B | 3.27B | 2.55B | 1.70B | 1.68B |
| Retained Earnings | -1.02B | -918.40M | -424.11M | -347.72M | -535.05M | -916.96M |
| Treasury Stock | -250.35M | -212.14M | -92.69M | -47.50M | ||
| Total Common Equity | 2.03B | 2.17B | 2.76B | 2.16B | 1.17B | 760.65M |
| Minority Interest | 522.00K | 139.00K | ||||
| Shareholders' Equity | 2.03B | 2.17B | 2.76B | 2.16B | 1.17B | 760.65M |
| Total Liabilities & Equity | 5.43B | 5.55B | 6.19B | 4.82B | 3.06B | 2.77B |
| Total Debt | 1.34B | 1.35B | 1.37B | 1.20B | 767.51M | 1.02B |
| Net Cash (Debt) | -766.21M | -990.63M | -1.26B | -1.16B | -723.36M | -951.14M |
| Net Cash Per Share | -4.52 | -5.66 | -7.20 | -9.62 | -8.64 | -11.63 |
| Filing Date Shares Outstanding | 166.97M | 168.51M | 180.06M | 158.63M | 126.37M | 81.88M |
| Total Common Shares Outstanding | 166.96M | 168.51M | 180.02M | 124.08M | 82.57M | 81.88M |
| Working Capital | 416.22M | 196.59M | -63.67M | -156.44M | -239.23M | -260.52M |
| Book Value Per Share | 12.17 | 12.87 | 15.33 | 17.37 | 14.12 | 9.29 |
| Tangible Book Value | 2.03B | 2.17B | 2.76B | 2.16B | 1.17B | 760.65M |
| Tangible Book Value Per Share | 12.17 | 12.87 | 15.33 | 17.37 | 14.12 | 9.29 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -404.98M | -494.29M | -76.39M | 187.33M | 381.92M | -182.95M |
| Depreciation & Amortization | 1.10B | 1.18B | 1.14B | 749.69M | 470.62M | 454.12M |
| Other Amortization | 8.53M | 8.36M | 9.30M | 15.04M | 14.38M | 13.38M |
| Loss (Gain) From Sale of Assets | 1.96M | 381.00K | -100.44M | -66.11M | 303.00K | -687.00K |
| Asset Writedown & Restructuring Costs | 375.62M | 454.48M | 23.73M | |||
| Loss (Gain) on Equity Investments | -5.43M | 1.81M | 10.29M | 3.21M | -14.22M | |
| Stock-Based Compensation | 21.62M | 18.42M | 14.46M | 12.95M | 15.95M | 10.99M |
| Other Operating Activities | -65.90M | -142.87M | -42.37M | -177.00M | -221.40M | 74.15M |
| Change in Accounts Receivable | 10.50M | 85.46M | 8.58M | 20.35M | 14.93M | -35.40M |
| Change in Accounts Payable | -20.05M | -22.83M | -3.83M | -60.40M | 24.26M | -6.26M |
| Change in Other Net Operating Assets | -230.09M | -154.67M | 1.83M | -165.99M | 23.00M | 60.31M |
| Operating Cash Flow | 790.59M | 935.83M | 962.59M | 519.07M | 709.74M | 411.39M |
| Capital Expenditures | -459.79M | -481.90M | -508.91M | -561.43M | -323.16M | -293.33M |
| Sale of Property, Plant & Equipment | 16.06M | 1.72M | 1.16M | 73.00M | 1.94M | 4.98M |
| Cash Acquisitions | -36.57M | -48.29M | -936.21M | 17.62M | -3.50M | -5.40M |
| Divestitures | 146.68M | |||||
| Sale (Purchase) of Intangibles | -12.37M | |||||
| Investment in Securities | 47.10M | -4.56M | -22.99M | -29.45M | 12.75M | |
| Other Investing Activities | -13.71M | -13.71M | ||||
| Investing Cash Flow | -446.91M | -546.75M | -1.32B | -512.63M | -311.98M | -293.75M |
| Long-Term Debt Issued | 2.13B | 825.00M | 85.00M | 700.50M | ||
| Long-Term Debt Repaid | -19.59M | -1.99B | -671.31M | -503.68M | -743.61M | |
| Net Debt Issued (Repaid) | -20.50M | -19.59M | 135.05M | 153.69M | -418.68M | -43.11M |
| Issuance of Common Stock | 387.72M | |||||
| Repurchase of Common Stock | -110.06M | -123.05M | -51.39M | -54.96M | -4.60M | -3.16M |
| Other Financing Activities | -23.61M | -21.89M | -35.26M | -13.32M | -189.00K | -35.75M |
| Financing Cash Flow | -154.17M | -164.52M | 436.12M | 85.41M | -423.47M | -82.02M |
| Net Cash Flow | 189.50M | 224.56M | 78.43M | 91.85M | -25.71M | 35.62M |
| Free Cash Flow | 330.79M | 453.92M | 453.68M | -42.37M | 386.57M | 118.06M |
| Free Cash Flow Margin | 16.71% | 25.51% | 23.00% | -2.91% | 23.45% | 9.51% |
| Free Cash Flow Per Share | 1.95 | 2.59 | 2.58 | -0.35 | 4.62 | 1.44 |
| Levered Free Cash Flow | 550.84M | 618.83M | 631.41M | 140.49M | 384.27M | 186.90M |
| Unlevered Free Cash Flow | 642.30M | 712.58M | 739.38M | 233.67M | 448.33M | 256.72M |
| Cash Interest Paid | 115.89M | 118.04M | 130.84M | 130.31M | 91.81M | 68.89M |
| Change in Working Capital | -239.64M | -92.04M | 6.58M | -206.03M | 62.18M | 18.65M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.77B | 1.87B | 1.75B | 1.77B | 1.56B | 802.44M |
| Enterprise Value | 3.54B | 2.90B | 3.20B | 2.98B | 2.18B | 1.79B |
| Last Close Price | 18.23 | 11.02 | 9.71 | 14.23 | 18.88 | 9.80 |
| PE Ratio | 9.43 | 4.08 | ||||
| Forward PE | 9.81 | 77.57 | 77.57 | 8.99 | 3.75 | 6.87 |
| PS Ratio | 1.42 | 1.05 | 0.89 | 1.21 | 0.95 | 0.65 |
| PB Ratio | 1.50 | 0.86 | 0.63 | 0.82 | 1.34 | 1.05 |
| P/TBV Ratio | 1.38 | 0.86 | 0.63 | 0.82 | 1.34 | 1.05 |
| P/FCF Ratio | 8.50 | 4.13 | 3.85 | 4.03 | 6.80 | |
| P/OCF Ratio | 3.56 | 2.00 | 1.81 | 3.40 | 2.20 | 1.95 |
| EV/Sales Ratio | 1.81 | 1.63 | 1.62 | 2.05 | 1.32 | 1.44 |
| EV/EBITDA Ratio | 3.16 | 2.45 | 2.52 | 2.90 | 2.24 | 3.94 |
| EV/EBIT Ratio | 106.06 | 999.29 | 24.73 | 10.73 | 4.33 | 5,549.17 |
| EV/FCF Ratio | 10.82 | 6.39 | 7.04 | 5.65 | 15.18 | |
| Debt / Equity Ratio | 0.66 | 0.62 | 0.50 | 0.56 | 0.66 | 1.34 |
| Debt / EBITDA Ratio | 1.07 | 1.01 | 1.00 | 1.04 | 0.74 | 2.05 |
| Debt / FCF Ratio | 4.06 | 2.98 | 3.02 | 1.99 | 8.65 | |
| Net Debt / Equity Ratio | 0.38 | 0.46 | 0.46 | 0.54 | 0.62 | 1.25 |
| Net Debt / EBITDA Ratio | 0.68 | 0.84 | 0.99 | 1.13 | 0.74 | 2.09 |
| Net Debt / FCF Ratio | 2.32 | 2.18 | 2.79 | -27.43 | 1.87 | 8.06 |
| Asset Turnover | 0.35 | 0.30 | 0.36 | 0.37 | 0.57 | 0.44 |
| Quick Ratio | 1.34 | 1.06 | 0.71 | 0.54 | 0.42 | 0.48 |
| Current Ratio | 1.61 | 1.30 | 0.91 | 0.73 | 0.61 | 0.57 |
| Return on Equity (ROE) | -17.82% | -20.10% | -3.11% | 11.28% | 39.65% | -21.69% |
| Return on Assets (ROA) | 0.37% | 0.03% | 1.47% | 4.41% | 10.82% | 0.01% |
| Return on Invested Capital (ROIC) | 1.20% | 0.08% | 3.52% | 10.66% | 27.84% | 0.02% |
| Return on Capital Employed (ROCE) | 0.70% | 0.10% | 2.40% | 6.50% | 20.60% | 0.00% |
| Earnings Yield | -14.39% | -26.39% | -4.37% | 10.61% | 24.50% | -22.80% |
| FCF Yield | 11.76% | 24.23% | 25.96% | -2.40% | 24.80% | 14.71% |
| Buyback Yield / Dilution | 5.52% | 0.27% | -45.43% | -44.30% | -2.34% | -20.85% |