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Ticker
FSLR

Price
245.84
Stock movement down
-6.03 (-2.39%)
Company name
First Solar Inc
Exchange
(NASDAQ
,
Currency
USD
)
Sector
Technology >
Solar
Market cap
26.38B
Ent value
28.83B
Price/Sales
5.22
Price/Book
2.93
Div yield
-
Div growth
-
Growth years
-
FCF payout
-
Trailing P/E
18.84
Forward P/E
10.85
PEG
0.68
EPS growth
-
1 year return
28.28%
3 year return
-
5 year return
-
10 year return
-
Last updated: 2025-11-20

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

BUSINESS INSIGHT

Shipments (GW)

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Manufacturing Capacity (GW)

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Average Module conversion efficiency (%)

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Technology comments

First Solar is the only major PV manufacturer that develops and produces CdTe (Cadmium Telluride) solar cells

CdTe is a type of thin film solar cell that has managed to remain cost competitive with silicon-based cells. The technology is advertised to handle high temperatures and humid environments better than other silicon-based modules

The company stopped reporting this metric after 2018, they only report their current module-level verified record efficiency (the best they have been able to manufacture with their technology), which was 19% as of end of year 2020

Segment Revenues ($M)

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Segment comments

Module revenues that are used by the Systems business line for projects are included in the Components segment results prior to 2015

Module revenues that are used by the Systems business line for projects are included in the Systems segment results after 2015, hence the steep dropoff in 2015 in the manufacturing business line (Components/Modules)

Geographic Revenues ($M)

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Segment Gross Profit ($M)

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Segment comments

The Components segment is reported as Modules from 2015

Module revenues that are used by the Systems business line for projects are included in the Components segment results prior to 2015

Module revenues that are used by the Systems business line for projects are included in the Systems segment results after 2015

Segment Margins (%)

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iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

DIVIDENDS

FSLR does not pay dividends or no data was received

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E18.84
Price to OCF16.22
Price to FCF42.93
Price to EBITDA12.98
EV to EBITDA14.18

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales5.22
Price to Book2.93
EV to Sales5.71

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

FINANCIALS

Per share

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Per share data
Current share count107.31M
EPS (TTM)-
FCF per share (TTM)-

Income statement

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Income statement data
Revenue (TTM)-
Gross profit (TTM)-
Operating income (TTM)-
Net income (TTM)-
EPS (TTM)-
EPS (1y forward)22.67

Margins

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Margins data
Gross margin (TTM)-
Operating margin (TTM)-
Profit margin (TTM)-

Balance Sheet

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Balance Sheet data
Cash1.99B
Net receivables2.25B
Total current assets5.90B
Goodwill30.68M
Intangible assets51.26M
Property, plant and equipment0.00
Total assets13.46B
Accounts payable284.54M
Short/Current long term debt891.91M
Total current liabilities3.09B
Total liabilities4.44B
Shareholder's equity9.02B
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)-
Capital expenditures (TTM)-
Free cash flow (TTM)-
Dividends paid (TTM)-

Financial returns

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Financial returns data
Return on Equity-
Return on Assets-
Return on Invested Capital-
Cash Return on Invested Capital-

STOCK INFORMATION

Stock chart

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Stock price data
Open258.04
Daily high264.79
Daily low244.22
Daily Volume2.26M
All-time high311.14
1y analyst estimate268.51
Beta1.59
EPS (TTM)-
Dividend per share0.00
Ex-div date-
Next earnings date-

Downside potential

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Downside potential data
FSLRS&P500
Current price drop from All-time high-20.99%-5.07%
Highest price drop-61.31%-19.00%
Date of highest drop8 Apr 20258 Apr 2025
Avg drop from high-41.42%-2.73%
Avg time to new high-6 days
Max time to new high281 days89 days

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

COMPANY DETAILS
FSLR (First Solar Inc) company logo
Marketcap
26.38B
Marketcap category
Large-cap
Description
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 a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules. It also designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. The company's residual business operations include project development activities, operations and maintenance services, and the sale of PV solar power systems to third-party customers. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. 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 Tempe, Arizona.
Employees
8100
SEC filings
CEO
James Hughes
Country
USA
City
Tempe
Stock type
Common stock
CCC status
-
Dividend Frequency
-
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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