First Solar, Inc. (FSLR)
NASDAQ: FSLR · Real-Time Price · USD
249.91
+4.07 (1.66%)
At close: Nov 21, 2025, 4:00 PM EST
251.00
+1.09 (0.44%)
After-hours: Nov 21, 2025, 7:59 PM EST

First Solar Statistics

Total Valuation

First Solar has a market cap or net worth of $26.82 billion. The enterprise value is $25.67 billion.

Market Cap26.82B
Enterprise Value 25.67B

Important Dates

The last earnings date was Thursday, October 30, 2025, after market close.

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

Share Statistics

First Solar has 107.31 million shares outstanding. The number of shares has decreased by -0.00% in one year.

Current Share Class 107.31M
Shares Outstanding 107.31M
Shares Change (YoY) -0.00%
Shares Change (QoQ) +0.02%
Owned by Insiders (%) 5.37%
Owned by Institutions (%) 102.53%
Float 101.45M

Valuation Ratios

The trailing PE ratio is 19.18 and the forward PE ratio is 11.40. First Solar's PEG ratio is 0.35.

PE Ratio 19.18
Forward PE 11.40
PS Ratio 5.30
Forward PS 4.43
PB Ratio 2.97
P/TBV Ratio 3.00
P/FCF Ratio 43.64
P/OCF Ratio 16.49
PEG Ratio 0.35
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 12.72, with an EV/FCF ratio of 41.77.

EV / Earnings 18.33
EV / Sales 5.08
EV / EBITDA 12.72
EV / EBIT 17.05
EV / FCF 41.77

Financial Position

The company has a current ratio of 1.91, with a Debt / Equity ratio of 0.10.

Current Ratio 1.91
Quick Ratio 1.38
Debt / Equity 0.10
Debt / EBITDA 0.44
Debt / FCF 1.45
Interest Coverage 34.44

Financial Efficiency

Return on equity (ROE) is 16.86% and return on invested capital (ROIC) is 10.34%.

Return on Equity (ROE) 16.86%
Return on Assets (ROA) 7.56%
Return on Invested Capital (ROIC) 10.34%
Return on Capital Employed (ROCE) 14.52%
Revenue Per Employee $623,534
Profits Per Employee $172,897
Employee Count8,100
Asset Turnover 0.41
Inventory Turnover 2.15

Taxes

In the past 12 months, First Solar has paid $75.46 million in taxes.

Income Tax 75.46M
Effective Tax Rate 5.11%

Stock Price Statistics

The stock price has increased by +35.20% in the last 52 weeks. The beta is 1.59, so First Solar's price volatility has been higher than the market average.

Beta (5Y) 1.59
52-Week Price Change +35.20%
50-Day Moving Average 237.58
200-Day Moving Average 179.16
Relative Strength Index (RSI) 50.26
Average Volume (20 Days) 2,456,175

Short Selling Information

The latest short interest is 8.49 million, so 7.92% of the outstanding shares have been sold short.

Short Interest 8.49M
Short Previous Month 8.41M
Short % of Shares Out 7.92%
Short % of Float 8.37%
Short Ratio (days to cover) 3.62

Income Statement

In the last 12 months, First Solar had revenue of $5.05 billion and earned $1.40 billion in profits. Earnings per share was $13.03.

Revenue5.05B
Gross Profit 2.02B
Operating Income 1.51B
Pretax Income 1.48B
Net Income 1.40B
EBITDA 2.02B
EBIT 1.51B
Earnings Per Share (EPS) $13.03
Full Income Statement

Balance Sheet

The company has $2.04 billion in cash and $891.92 million in debt, giving a net cash position of $1.15 billion or $10.70 per share.

Cash & Cash Equivalents 2.04B
Total Debt 891.92M
Net Cash 1.15B
Net Cash Per Share $10.70
Equity (Book Value) 9.02B
Book Value Per Share 84.01
Working Capital 2.81B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.63 billion and capital expenditures -$1.01 billion, giving a free cash flow of $614.52 million.

Operating Cash Flow 1.63B
Capital Expenditures -1.01B
Free Cash Flow 614.52M
FCF Per Share $5.73
Full Cash Flow Statement

Margins

Gross margin is 40.05%, with operating and profit margins of 29.81% and 27.73%.

Gross Margin 40.05%
Operating Margin 29.81%
Pretax Margin 29.22%
Profit Margin 27.73%
EBITDA Margin 39.97%
EBIT Margin 29.81%
FCF Margin 12.17%

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 0.00%
Shareholder Yield 0.00%
Earnings Yield 5.22%
FCF Yield 2.29%
Dividend Details

Analyst Forecast

The average price target for First Solar is $247.90, which is -0.80% lower than the current price. The consensus rating is "Strong Buy".

Price Target $247.90
Price Target Difference -0.80%
Analyst Consensus Strong Buy
Analyst Count 27
Revenue Growth Forecast (5Y) 13.37%
EPS Growth Forecast (5Y) 26.17%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

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 4.17 and a Piotroski F-Score of 6.

Altman Z-Score 4.17
Piotroski F-Score 6