First Solar Statistics

Total Valuation

First Solar has a market cap or net worth of $13.63 billion. The enterprise value is $12.62 billion.

Market Cap	13.63B
Enterprise Value	12.62B

Important Dates

The next estimated earnings date is Wednesday, April 30, 2025, after market close.

Earnings Date	Apr 30, 2025
Ex-Dividend Date	n/a

Share Statistics

First Solar has 107.06 million shares outstanding. The number of shares has increased by 0.14% in one year.

Current Share Class	107.06M
Shares Outstanding	107.06M
Shares Change (YoY)	+0.14%
Shares Change (QoQ)	+0.03%
Owned by Insiders (%)	5.47%
Owned by Institutions (%)	94.59%
Float	101.08M

Valuation Ratios

The trailing PE ratio is 10.59 and the forward PE ratio is 6.70. First Solar's PEG ratio is 0.20.

PE Ratio	10.59
Forward PE	6.70
PS Ratio	3.22
Forward PS	2.47
PB Ratio	1.70
P/TBV Ratio	1.73
P/FCF Ratio	n/a
P/OCF Ratio	11.24
PEG Ratio	0.20

Financial Ratio History

Enterprise Valuation

EV / Earnings	9.77
EV / Sales	3.00
EV / EBITDA	6.94
EV / EBIT	9.05
EV / FCF	n/a

Financial Position

The company has a current ratio of 2.45, with a Debt / Equity ratio of 0.09.

Current Ratio	2.45
Quick Ratio	1.72
Debt / Equity	0.09
Debt / EBITDA	0.39
Debt / FCF	n/a
Interest Coverage	35.86

Financial Efficiency

Return on equity (ROE) is 17.62% and return on invested capital (ROIC) is 10.88%.

Return on Equity (ROE)	17.62%
Return on Assets (ROA)	7.75%
Return on Invested Capital (ROIC)	10.88%
Return on Capital Employed (ROCE)	13.87%
Revenue Per Employee	$519,295
Profits Per Employee	$159,512
Employee Count	8,100
Asset Turnover	0.37
Inventory Turnover	2.07

Taxes

In the past 12 months, First Solar has paid $114.29 million in taxes.

Income Tax	114.29M
Effective Tax Rate	8.13%

Stock Price Statistics

The stock price has decreased by -23.97% in the last 52 weeks. The beta is 1.52, so First Solar's price volatility has been higher than the market average.

Beta (5Y)	1.52
52-Week Price Change	-23.97%
50-Day Moving Average	150.90
200-Day Moving Average	199.19
Relative Strength Index (RSI)	37.79
Average Volume (20 Days)	3,088,164

Short Selling Information

The latest short interest is 6.56 million, so 6.13% of the outstanding shares have been sold short.

Short Interest	6.56M
Short Previous Month	6.05M
Short % of Shares Out	6.13%
Short % of Float	6.49%
Short Ratio (days to cover)	2.38

Income Statement

In the last 12 months, First Solar had revenue of $4.21 billion and earned $1.29 billion in profits. Earnings per share was $12.02.

Revenue	4.21B
Gross Profit	1.86B
Operating Income	1.39B
Pretax Income	n/a
Net Income	1.29B
EBITDA	1.82B
EBIT	1.39B
Earnings Per Share (EPS)	$12.02

Full Income Statement

Balance Sheet

The company has $1.79 billion in cash and $718.80 million in debt, giving a net cash position of $1.07 billion or $10.03 per share.

Cash & Cash Equivalents	1.79B
Total Debt	718.80M
Net Cash	1.07B
Net Cash Per Share	$10.03
Equity (Book Value)	7.98B
Book Value Per Share	74.51
Working Capital	3.01B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.22 billion and capital expenditures -$1.53 billion, giving a free cash flow of -$308.08 million.

Operating Cash Flow	1.22B
Capital Expenditures	-1.53B
Free Cash Flow	-308.08M
FCF Per Share	-$2.88

Full Cash Flow Statement

Margins

Gross margin is 44.17%, with operating and profit margins of 33.13% and 30.72%.

Gross Margin	44.17%
Operating Margin	33.13%
Pretax Margin	33.43%
Profit Margin	30.72%
EBITDA Margin	43.20%
EBIT Margin	33.13%
FCF Margin	n/a

Dividends & Yields

First Solar does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-0.14%
Shareholder Yield	-0.14%
Earnings Yield	9.44%
FCF Yield	-2.25%

Dividend Details

Analyst Forecast

The average price target for First Solar is $262.84, which is 106.44% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$262.84
Price Target Difference	106.44%
Analyst Consensus	Strong Buy
Analyst Count	26
Revenue Growth Forecast (5Y)	13.25%
EPS Growth Forecast (5Y)	23.13%

Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

First Solar has an Altman Z-Score of 4.72 and a Piotroski F-Score of 6.

Altman Z-Score	4.72
Piotroski F-Score	6