First Solar, Inc. (LON:0R06)

First Solar Ratios and Metrics

Market cap in millions GBP. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 18, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	20,354	15,071	14,451	13,253	6,844	7,678
Market Cap Growth	21.21%	4.29%	9.04%	93.64%	-10.86%	72.40%
Enterprise Value	19,496	14,611	13,447	11,914	5,769	6,821
Last Close Price	189.44	141.11	135.87	121.97	64.62	73.12
PE Ratio	19.54	14.60	22.16	-	19.77	26.32
PS Ratio	5.42	4.49	5.55	6.10	3.17	3.87
PB Ratio	3.03	2.37	2.75	2.74	1.56	1.90
P/TBV Ratio	3.06	2.39	2.79	2.76	1.57	1.92
P/FCF Ratio	44.52	-	-	-	-	-
P/OCF Ratio	16.82	15.49	30.56	18.28	39.01	282.41
EV/Sales Ratio	5.17	4.35	5.16	5.48	2.67	3.44
EV/EBITDA Ratio	12.79	10.07	14.35	-	11.17	16.23
EV/EBIT Ratio	17.34	13.13	19.33	-	17.78	27.32
EV/FCF Ratio	42.65	-	-	-	-	-
Debt / Equity Ratio	0.10	0.09	0.09	0.04	0.07	0.09
Debt / EBITDA Ratio	0.44	0.39	0.52	36.20	0.55	0.81
Debt / FCF Ratio	1.45	-	-	-	-	-
Asset Turnover	0.41	0.37	0.36	0.33	0.40	0.37
Inventory Turnover	2.15	2.07	2.37	3.37	3.04	3.46
Quick Ratio	1.38	1.72	2.67	2.80	3.14	2.41
Current Ratio	1.91	2.45	3.55	3.65	4.39	3.56
Return on Equity (ROE)	16.86%	17.62%	13.27%	-0.75%	8.16%	7.50%
Return on Assets (ROA)	7.56%	7.75%	5.95%	-2.24%	3.78%	2.91%
Return on Capital (ROIC)	10.34%	10.88%	8.28%	-2.82%	4.44%	3.64%
Return on Capital Employed (ROCE)	14.50%	13.90%	9.80%	-3.90%	6.60%	5.40%
Earnings Yield	5.12%	6.85%	4.51%	-0.28%	5.06%	3.80%
FCF Yield	2.25%	-1.63%	-4.26%	-0.19%	-3.27%	-3.62%
Buyback Yield / Dilution	0.00%	-0.14%	-0.77%	0.35%	-0.22%	-1.31%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.