First Solar Statistics
Total Valuation
First Solar has a market cap or net worth of $21.37 billion. The enterprise value is $20.26 billion.
Important Dates
The last earnings date was Tuesday, October 29, 2024, after market close.
| Earnings Date | Oct 29, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
First Solar has 107.05 million shares outstanding. The number of shares has increased by 0.34% in one year.
| Shares Outstanding | 107.05M |
| Shares Change (YoY) | +0.34% |
| Shares Change (QoQ) | +0.03% |
| Owned by Insiders (%) | 5.34% |
| Owned by Institutions (%) | 87.56% |
| Float | 101.19M |
Valuation Ratios
The trailing PE ratio is 17.20 and the forward PE ratio is 10.12. First Solar's PEG ratio is 0.28.
| PE Ratio | 17.20 |
| Forward PE | 10.12 |
| PS Ratio | 5.67 |
| Forward PS | 4.26 |
| PB Ratio | 2.95 |
| P/FCF Ratio | n/a |
| PEG Ratio | 0.28 |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 16.23 |
| EV / Sales | 5.26 |
| EV / EBITDA | 11.80 |
| EV / EBIT | 15.25 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.14, with a Debt / Equity ratio of 0.08.
| Current Ratio | 2.14 |
| Quick Ratio | 1.14 |
| Debt / Equity | 0.08 |
| Debt / EBITDA | 0.34 |
| Debt / FCF | n/a |
| Interest Coverage | 37.89 |
Financial Efficiency
Return on equity (ROE) is 17.96% and return on invested capital (ROIC) is 11.05%.
| Return on Equity (ROE) | 17.96% |
| Return on Assets (ROA) | 7.90% |
| Return on Capital (ROIC) | 11.05% |
| Revenue Per Employee | $574,748 |
| Profits Per Employee | $186,294 |
| Employee Count | 6,700 |
| Asset Turnover | 0.37 |
| Inventory Turnover | 1.81 |
Taxes
In the past 12 months, First Solar has paid $88.51 million in taxes.
| Income Tax | 88.51M |
| Effective Tax Rate | 6.62% |
Stock Price Statistics
The stock price has increased by +39.38% in the last 52 weeks. The beta is 1.44, so First Solar's price volatility has been higher than the market average.
| Beta (5Y) | 1.44 |
| 52-Week Price Change | +39.38% |
| 50-Day Moving Average | 223.04 |
| 200-Day Moving Average | 202.42 |
| Relative Strength Index (RSI) | 40.41 |
| Average Volume (20 Days) | 2,608,214 |
Short Selling Information
| Short Interest | n/a |
| Short Previous Month | n/a |
| Short % of Shares Out | n/a |
| Short % of Float | n/a |
| Short Ratio (days to cover) | n/a |
Income Statement
In the last 12 months, First Solar had revenue of $3.85 billion and earned $1.25 billion in profits. Earnings per share was $11.61.
| Revenue | 3.85B |
| Gross Profit | 1.79B |
| Operating Income | 1.33B |
| Pretax Income | 1.30B |
| Net Income | 1.25B |
| EBITDA | 1.72B |
| EBIT | 1.33B |
| Earnings Per Share (EPS) | $11.61 |
Full Income StatementBalance Sheet
The company has $1.27 billion in cash and $581.58 million in debt, giving a net cash position of $688.24 million or $6.43 per share.
| Cash & Cash Equivalents | 1.27B |
| Total Debt | 581.58M |
| Net Cash | 688.24M |
| Net Cash Per Share | $6.43 |
| Equity (Book Value) | 7.59B |
| Book Value Per Share | 70.93 |
| Working Capital | 2.04B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $968.11 million and capital expenditures -$1.56 billion, giving a free cash flow of -$591.34 million.
| Operating Cash Flow | 968.11M |
| Capital Expenditures | -1.56B |
| Free Cash Flow | -591.34M |
| FCF Per Share | -$5.52 |
Full Cash Flow StatementMargins
Gross margin is 46.54%, with operating and profit margins of 34.49% and 32.41%.
| Gross Margin | 46.54% |
| Operating Margin | 34.49% |
| Pretax Margin | 34.71% |
| Profit Margin | 32.41% |
| EBITDA Margin | 44.59% |
| EBIT Margin | 34.49% |
| FCF Margin | -5.96% |