FSLR logo
First Solar Inc.
FSLR
180.13 (-1.63%) 2.94
Market cap
$19.36(B)
Earnings date
Oct-27-2026
Category
Sector
Information Technology
Industry
Semiconductors and Semiconductor Equipment
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.
EV: $11.02(B)
Total Equity: $10.32(B)
Debt/Equity: 0.02
Dividend/share: $0.0
Div. yield: 0.00%
P/E: 11.07
Forward P/E: 10.23
P/FCF: 12.90
P/S: 3.60
P/B: 1.88
EPS: $16.3
EPS (fwd): $17.6
FCF/share: $14.0
Revenue/share: $50.1
Book value/share: $96.0
ROIC: 15.4%
ROA: 11.3%
ROE: 16.9%
Margins: Gross | Op. | Net
44.0% | 29.8% | 32.5%
0.0%of Portfolio
My holdings
Day change
Total change
PEvaluation
88%
$339
Valuation summary
Min—
Max—
Average—
Median—
Valuation comparison
Current price$180
Quality checklist score
7/8
Based on your selected metrics.
ROIC > 10% Debt/Equity < 1 Current Ratio > 1 Quick Ratio > 1 Net Margin > 10% Past Net Income CAGR > 0% Est. EPS Growth > 5%
5Y Shares Out Change < 0%

TTM Financials

Income (TTM)

RevenueGrossNet
Revenue$5.38(B)
Gross profit$2.37(B)
EBITDA$2.39(B)
Net income$1.75(B)
Gross margin44.0%
Operating margin29.8%
Net margin32.5%
Shares outstanding107.47(M)

Balance sheet

Cash & ST inv.Other ST assetsLong term assetsCurrent liabilitiesLong term debtOther LT liabilitiesEquity
Total assets$13.39(B)
Current assets$5.32(B)
Total liabilities$3.07(B)
Current liabilities$2.11(B)
Cash & Short-term inv.$1.73(B)
Long-term debt$282.59(M)
Total intangibles$93.51(M)
PP&E$5.84(B)

Cash flow (TTM)

CFOCFICFF
FCF$1.50(B)
CapEx$-655.62(M)
Dividends paid$0
Stock issued$0
Stock repurchased$-280000
Stock-based comp.$23.66(M)
Debt issued$460.27(M)
Debt repaid$-1.39(B)

Per share data (TTM)

Price
Price
$180
Income
Revenue
$50.1•3.6x|27.8%
Gross profit
$22.0•8.2x|12.2%
Earnings (EPS)
$16.3•11.1x|9.0%
Cash flow
FCF
$14.0•12.9x|7.7%
Stock-based comp.
$0.22•818.2x|0.1%
CapEx
$6.10•29.5x|3.4%
Dividend
$0.00•—|0.0%
Balance sheet
Total assets
$125•1.4x|69.2%
Total liabilities
$28.5•6.3x|15.8%
Book value
$96.0•1.9x|53.3%
Cash & ST inv.
$16.1•11.2x|8.9%
Debt
$2.63•68.5x|1.5%
Forward earnings
EPS FY+1
$17.6•10.2x|9.8%
EPS FY+2
$23.3•7.7x|12.9%
EPS FY+3
$29.1•6.2x|16.2%
EPS FY+4
$33.9•5.3x|18.8%
EPS FY+5
$30.2•6.0x|16.8%
Forward FCF
FCF FY+1
-$2.16•-83.6x|-1.2%
FCF FY+2
$21.5•8.4x|12.0%
FCF FY+3
$27.8•6.5x|15.4%
FCF FY+4
$29.7•6.1x|16.5%
FCF FY+5
$31.1•5.8x|17.2%

Summary