Talos Energy Inc.
TALO Energy Oil & Gas E&P
Talos Energy Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.8 billion, down 9.80% from fiscal 2024. In the quarter to June 2026, revenue grew 56.5%, EPS grew 185.7%, free cash flow fell 1.84% and total debt was flat, each against the same quarter a year earlier.
Follow TALO
Talos Energy Inc. (TALO) Altman Z-score
Talos Energy Inc.'s Altman Z-score for fiscal 2025 is 0.14, in the distress zone (below 1.81).
Altman Z-score, annual
Embed this chart
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2025 | 0.14 | (0.46) |
| FY2024 | 0.60 | (0.09) |
| FY2023 | 0.69 | (0.80) |
| FY2022 | 1.49 | 0.93 |
| FY2021 | 0.56 | 1.12 |
| FY2020 | −0.56 | (1.65) |
| FY2019 | 1.09 | 0.25 |
| FY2018 | 0.84 | — |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.04 | — | 0.04 | |
| Retained earnings / total assets | (0.17) | — | −0.23 | |
| EBIT / total assets | (0.10) | — | −0.33 | |
| Market value of equity / total liabilities | 0.57 | — | 0.34 | |
| Sales / total assets | 0.32 | — | 0.32 | |
| Altman Z-score | Distress zone | 0.14 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Distress zone | −0.31 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| GPOR Gulfport Energy Corporation compare | 3.8× |
| CRK Comstock Resources, Inc. compare | 1.8× |
| BKV BKV Corporation compare | 1.5× |
| NOG Northern Oil and Gas, Inc. compare | 1.1× |
| VET Vermilion Energy Inc. compare | 0.3× |
| TALO Talos Energy Inc. | 0.1× |
| MNR Mach Natural Resources LP compare | — |
| KRP Kimbell Royalty compare | — |
| BSM Black Stone Minerals, L.P. compare | — |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets