First Solar Ratios and Metrics

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 11, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	17,911	15,071	14,451	13,253	6,844	7,678
Market Cap Growth	29.84%	4.29%	9.04%	93.64%	-10.86%	72.40%
Enterprise Value	17,070	14,611	13,447	11,914	5,769	6,821
Last Close Price	162.39	141.11	135.87	121.97	64.62	73.12
PE Ratio	17.19	14.60	22.16	-	19.77	26.32
PS Ratio	4.77	4.49	5.55	6.10	3.17	3.87
PB Ratio	2.67	2.37	2.75	2.74	1.56	1.90
P/TBV Ratio	2.70	2.39	2.79	2.76	1.57	1.92
P/FCF Ratio	39.18	-	-	-	-	-
P/OCF Ratio	14.81	15.49	30.56	18.28	39.01	282.41
EV/Sales Ratio	4.61	4.35	5.16	5.48	2.67	3.44
EV/EBITDA Ratio	11.41	10.07	14.35	-	11.17	16.23
EV/EBIT Ratio	15.47	13.13	19.33	-	17.78	27.32
EV/FCF Ratio	37.34	-	-	-	-	-
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	-	-	-	-	-
Net Debt / Equity Ratio	-0.13	-0.13	-0.22	-0.40	-0.24	-0.23
Net Debt / EBITDA Ratio	-0.57	-0.59	-1.24	212.63	-2.04	-2.20
Net Debt / FCF Ratio	-1.87	3.49	1.88	77.52	4.72	3.33
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 Invested Capital (ROIC)	17.50%	21.14%	18.98%	35.94%	8.19%	8.75%
Return on Capital Employed (ROCE)	14.50%	13.90%	9.80%	-3.90%	6.60%	5.40%
Earnings Yield	5.82%	6.85%	4.51%	-0.28%	5.06%	3.80%
FCF Yield	2.55%	-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.