🇺🇸 US Stock Screener ← Switch market ★ Elite Club ⚡ HerAI
$204.45
+10.61% 1Y
Mkt Cap$21.97B
P/E20.88
P/B2.60
52W High$318.25
52W Low$180.05
Book Value$96.03
EPS (TTM)$9.79

Company Overview

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally. The company manufactures and sells PV solar modules with thin film semiconductor technology that provides conventional crystalline silicon PV solar modules. It also designs, manufactures, and sells cadmium telluride solar modules that convert sunlight into electricity. The company serves system developers, independent power producers, utilities, commercial and industrial companies, large corporate energy buyers, and other system owners and operators. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Phoenix, Arizona.

Why Investors Should Care

Strong Return on Equity

Generates a return on equity of 18.5%, reflecting efficient use of shareholder capital.

Consistent Profit Growth

Net profit has compounded at 14.3% per year over the last five years.

Steady Revenue Expansion

Revenue has grown at a 14.7% CAGR over the past five years.

Reasonable Valuation

Trades at a P/E of 20.9, below the sector median of 32.4.

Healthy Margins

Maintains a net profit margin of 32.5%.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $5.22B (+24.1% YoY); net profit $1.53B.
  • Trailing 12 Months Year-on-year growth — revenue -3.7%, earnings +23.3%.
  • 5-Year Trend Long-term compounding — revenue CAGR 14.7%, profit CAGR 14.3%.

Growth & Price Performance

Compounded Sales Growth

5 Years:14.74%
1 Year:-3.70%

Compounded Profit Growth

5 Years:14.27%
1 Year:23.30%

Stock Price Performance

1 Year:+10.61%
6 Months:+8.05%
3 Months:-26.72%
1 Month:-16.26%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish
52-Week Range 18% of range
$180.05 $318.25
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMABelow
  • RSI (14)41.44 · Neutral
Price Performance
1M-16.26%
3M-26.72%
6M+8.05%
1Y+10.61%
Valuation vs Sector

P/E of 20.88 is below the sector median of 32.42 — relatively cheaper than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Excellent profit margin of 32.5%.
  • Compounding revenue at 14.7% over 5 years.
  • Profit CAGR of 14.3% over 5 years.
  • Generates positive free cash flow.

CONS

  • Trading 35.8% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
20.88
Industry PE
32.42
Forward P/E
8.86
PEG Ratio
0.66
Book Value
$96.03
Price to Book
2.60
P/S
5.00
EV/EBITDA
10.62
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
14.74%
Profit 5Y
14.27%
Revenue (YoY)
-3.70%
Earnings (YoY)
23.30%

Profitability & Returns

ROCE
14.43%
ROE
18.51%
ROA
8.62%
Profit Margin
32.46%
Op Margin
42.64%
Gross Margin
44.02%
EPS (Latest Qtr)
$0.39
EPS (TTM)
$9.79

Balance Sheet & Liquidity

Debt/Equity
1.88
Quick Ratio
1.70
Current Ratio
2.52
Debt
$194.01M
Total Assets
$13.39B
Current Assets
$6.03B
Working Capital
$3.77B

Ownership

Promoter Holding
5.36%
Chg in Prom Hold
0.00%
FII / Inst Holding
96.90%
Chg in FII Hold
-0.13%

Financial Snapshot

Enterprise Value
$21.97B
Total Revenue (TTM)
$5.38B
EBITDA
$2.39B
Free Cash Flow
$1.60B
Operating Cash Flow
$2.16B
Shares Outstanding
107.47M
Gross Margin
44.02%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 FSLR First Solar, Inc. SPXR3KTECH 204.45 20.88 $21.97B 0.00% 14.43% 18.51% 14.74% 14.27%
2 NVDA NVIDIA Corporation NDXSPXR3KAITECH 230.36 35.28 $5.58T 0.46% 74.66% 114.29% 24.64% 32.12%
3 AAPL Apple Inc. NDXSPXR3KTECH 319.97 36.69 $4.67T 0.35% 68.72% 148.75% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXR3KAITECH 499.70 27.85 $3.71T 0.73% 26.33% 34.04% 9.93% 11.90%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AITECH 426.34 37.46 $2.21T 0.91% 30.20% 39.97% 18.94% 19.57%
6 AVGO Broadcom Inc. NDXSPXR3KAITECH 357.90 59.55 $1.70T 0.62% 16.70% 37.28% 17.04% 54.08%
7 MU Micron Technology, Inc. NDXSPXR3KAITECH 1,016.59 22.97 $1.15T 0.06% 13.69% 66.64% 13.68% 26.02%
8 AMD Advanced Micro Devices, Inc. NDXSPXR3KAITECH 477.57 122.14 $779.62B 0.00% 5.47% 10.20% 11.81% 66.28%
9 ASML ASML Holding N.V. NDXAITECH 1,714.88 58.49 $658.69B 0.53% 42.97% 53.94% 15.55% 19.55%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Mar 2014Jun 2014Sep 2014Mar 2015Jun 2015Sep 2015Mar 2016Jun 2016Sep 2016Mar 2017Jun 2017Sep 2017Mar 2018Jun 2018Sep 2018Mar 2019Jun 2019Sep 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue ----------623.33M1.09B567.26M309.32M676.22M531.98M584.96M546.81M532.12M642.41M927.57M803.37M629.18M583.50M367.04M620.96M628.93M548.29M810.67M801.09M794.11M1.01B887.67M--1.10B1.59B1.68B1.04B1.06B
Cost of Revenue -----------------------------------597.32M984.11M1.02B558.11M451.19M
Gross Profit 236.71M92.72M189.40M38.98M164.48M484.37M277.61M182.05M170.91M84.18M110.89M291.80M172.80M-8.06M129.13M112.00K77.18M138.36M90.34M137.46M293.01M184.77M174.12M124.58M11.46M-23.20M20.98M112.05M310.42M376.18M346.00M498.89M445.31M--499.85M610.75M665.34M486.13M605.00M
Operating Expenses -----------------------------------138.24M144.65M117.42M140.83M154.62M
Operating Income 139.27M1.91M83.88M-70.11M57.13M397.82M179.92M-243.00K73.32M-8.00M13.93M206.99M74.26M-103.63M58.48M-76.64M-8.58M41.30M1.66M50.90M207.16M252.35M110.38M50.87M-57.80M144.83M-68.35M18.00M168.51M272.96M243.14M372.51M322.00M--361.61M466.10M547.92M345.30M450.39M
EBITDA -----------------------------------484.76M614.79M703.27M509.34M612.78M
Interest Expense -----------------------------------9.18M14.12M11.30M7.62M5.56M
Pretax Income -----------------------------------352.17M460.35M551.34M354.33M459.38M
Tax Provision -----------------------------------10.30M4.40M30.46M7.71M36.81M
Net Income 112.01M4.53M89.83M-60.92M93.89M349.32M195.64M-11.41M150.46M9.13M51.96M205.75M82.95M-48.49M57.75M-67.60M-18.55M30.62M90.70M36.91M155.04M209.67M82.45M45.20M-43.26M55.80M-49.17M42.56M170.58M268.40M236.62M349.36M312.96M--341.87M455.94M520.88M346.62M422.57M
Diluted EPS 1.100.040.89-0.610.923.411.90-0.111.450.090.501.950.78-0.460.54-0.64-0.180.290.850.351.451.960.770.42-0.410.52-0.460.401.592.502.203.252.91--3.184.244.843.220.39
R&D Expense 38.77M32.66M37.59M34.76M29.48M29.63M30.19M32.93M32.17M22.80M21.34M20.85M20.32M20.37M22.39M21.88M24.39M24.91M25.61M22.48M22.97M19.87M23.93M25.43M27.11M25.23M29.18M30.51M36.74M41.19M42.74M51.94M50.20M-52.39M54.49M60.59M-66.94M76.24M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 503.98M1.25B2.07B2.56B2.77B3.37B3.31B3.39B4.11B2.90B2.94B2.24B3.06B2.71B-2.62B3.32B4.21B5.22B
Cost of Revenue ---------------2.55B2.02B2.35B3.10B
Gross Profit 251.40M678.39M1.04B1.18B971.75M852.75M864.63M824.94M1.13B638.42M548.95M392.18M549.21M680.67M-69.86M1.30B1.86B2.12B
Operating Expenses ---------------350.61M414.71M464.13M523.48M
Operating Income 137.18M438.34M679.62M748.90M-68.66M-37.56M370.41M422.00M730.16M-568.15M177.85M40.11M-161.78M317.49M--280.75M885.97M1.39B1.60B
EBITDA ---------------290.55M1.21B1.87B2.15B
Interest Expense ---------------12.22M12.96M38.87M44.13M
Pretax Income ---------------8.60M891.29M1.41B1.58B
Tax Provision ---------------52.76M60.51M114.29M52.68M
Net Income 158.35M348.33M640.14M664.20M-39.49M-96.34M350.72M395.96M593.41M-416.11M-165.62M144.33M-114.93M398.36M--44.17M830.78M1.29B1.53B
Diluted EPS 2.034.247.537.68-0.46-1.113.673.905.83-4.05-1.591.36-1.093.73--0.417.7412.0214.21
R&D Expense 15.11M33.52M78.16M94.80M140.52M132.46M134.30M143.97M130.59M124.76M88.57M84.47M96.61M93.74M99.11M112.80M152.31M191.38M233.42M

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2006Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --2.11B3.35B4.38B5.78B6.35B6.88B6.72B7.32B6.82B6.86B7.12B7.52B7.11B-8.25B10.37B12.12B13.32B
Current Assets ----------------3.79B4.63B5.09B6.03B
Cash & Equivalents 308.09M404.26M765.69M664.50M765.69M605.62M901.29M1.33B1.48B1.13B1.35B2.27B1.40B1.35B1.23B-1.48B1.95B1.62B2.80B
Inventory ----------------783.30M1.01B1.35B1.07B
Receivables ----------------324.34M660.78M1.26B1.29B
Total Liabilities --601.46M696.73M925.46M2.13B2.74B2.38B1.73B1.77B1.61B1.77B1.91B2.42B1.59B-2.42B3.68B4.15B3.78B
Current Liabilities --381.78M394.93M469.68M973.72M1.10B1.59B1.00B960.80M907.88M650.28M845.46M1.32B847.40M-1.04B1.31B2.08B2.25B
Long Term Debt ---174.96M237.39M663.65M562.57M223.32M223.95M299.33M196.69M406.39M479.16M454.19M237.69M-184.35M464.07M373.35M282.59M
Total Debt ----------------234.13M624.39M718.80M655.34M
Total Equity 411.44M1.10B1.51B2.65B3.45B3.64B3.57B4.47B4.99B5.62B5.22B5.10B5.21B5.10B5.52B-5.84B6.69B7.98B9.54B
Shares Outstanding ----------------106.61M106.85M107.06M107.31M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 205.95M463.07M675.19M705.49M-33.46M762.21M856.13M735.52M-325.21M206.75M1.34B-326.81M174.20M37.12M237.56M873.37M602.26M1.22B2.06B
Investing Cash Flow -547.25M-308.44M-701.69M-742.09M-676.46M-383.73M-537.11M-387.82M-156.18M144.52M-626.80M-682.71M-362.30M-131.23M-99.04M-1.19B-472.79M-1.56B-765.17M
Financing Cash Flow 430.42M177.55M-22.02M150.45M571.22M-89.11M101.16M-46.91M101.21M-136.39M192.04M255.23M74.94M-82.59M40.55M309.39M336.85M24.85M-119.23M
Capital Expenditure -242.37M-459.27M-279.94M-588.91M-731.81M-379.23M-282.58M-257.55M-166.44M-229.45M-514.36M-739.84M-668.72M-416.63M-540.29M-903.61M-1.39B-1.53B-869.88M
Free Cash Flow -36.42M3.80M395.25M116.58M-765.28M382.98M573.55M477.97M-491.65M-22.70M826.32M-1.07B-494.52M-379.51M-302.73M-30.24M-784.51M-308.08M1.19B

Ratios (Annual)

Figures in %.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % 49.9%54.4%50.6%46.2%35.1%25.3%26.1%24.3%27.5%22.0%18.7%17.5%17.9%25.1%-2.7%39.2%44.2%40.6%
Operating Margin % 27.2%35.2%32.9%29.2%-2.5%-1.1%11.2%12.4%17.8%-19.6%6.0%1.8%-5.3%11.7%--10.7%26.7%33.1%30.6%
Net Margin % 31.4%27.9%31.0%25.9%-1.4%-2.9%10.6%11.7%14.4%-14.3%-5.6%6.4%-3.8%14.7%--1.7%25.0%30.7%29.3%
ROE % 14.4%23.0%24.1%19.2%-1.1%-2.7%7.8%7.9%10.6%-8.0%-3.2%2.8%-2.3%7.2%--0.8%12.4%16.2%16.0%
ROCE % -25.3%23.0%19.1%-1.4%-0.7%7.0%7.4%11.5%-9.6%2.9%0.6%-2.6%5.1%--3.9%9.8%13.9%14.4%

Shareholding Pattern

Insiders
5.36%
Institutions
96.90%
Public Float
102.38%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 13.06% 14.03M $2.87B
2 Vanguard Capital Management LLC 6.36% 6.84M $1.40B
3 Vanguard Portfolio Management LLC 5.25% 5.64M $1.15B
4 State Street Corporation 5.19% 5.58M $1.14B
5 Capital World Investors 3.83% 4.11M $841.28M
6 Geode Capital Management, LLC 2.89% 3.11M $635.79M
7 Hill City Capital, Lp 2.45% 2.63M $537.35M
8 Invesco Ltd. 2.42% 2.60M $531.49M
9 FMR, LLC 2.03% 2.18M $445.56M
10 Morgan Stanley 1.67% 1.79M $366.09M

Analyst View

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Latest News

Recent headlines for FSLR

Google News Mon, 07 Sep 2026

Which Solar Stock Has Dominated in 2026: SolarEdge, Enphase Energy, or First Solar? - 24/7 Wall St.

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Google News Mon, 07 Sep 2026

First Solar: Can The Backlog Continue Growing (NASDAQ:FSLR) - Seeking Alpha

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Google News ue, 18 Aug 2026

First Solar (FSLR) Stock Could Be 30% Undervalued As Tariff News Lifts Sentiment - Yahoo Finance

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Google News Mon, 07 Sep 2026

Is There Now An Opportunity In First Solar, Inc. (NASDAQ:FSLR)? - Moomoo

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Google News Wed, 19 Aug 2026

One company stands to gain as bankruptcy wave hits solar sector - thestreet.com

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Google News Sun, 06 Sep 2026

First Solar (FSLR) Slides Before Earnings, Does The Pullback Signal Value? - simplywall.st

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FSLR — Frequently Asked Questions

What is the current share price of First Solar, Inc. (FSLR)?

As of 2026-09-07 16:24 PDT, First Solar, Inc. (FSLR) trades at $204.45 on NasdaqGS. Its 52-week range is $180.05 to $318.25.

What is the market capitalisation of FSLR?

First Solar, Inc. (FSLR) has a market capitalisation of $21.97B on NasdaqGS.

What is the P/E ratio of FSLR?

FSLR trades at a trailing price-to-earnings (P/E) ratio of 20.88. The industry average P/E is 32.42. Its price-to-book (P/B) ratio is 2.60.

What is the return on equity (ROE) of FSLR?

FSLR has a return on equity (ROE) of 18.51%. Its return on capital employed (ROCE) is 14.43%.

Is FSLR a good stock to buy?

This page provides a data-driven analysis of First Solar, Inc. (FSLR), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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