First Solar Statistics
Total Valuation
First Solar has a market cap or net worth of $18.77 billion. The enterprise value is $17.23 billion.
| Market Cap | 18.77B |
| Enterprise Value | 17.23B |
Important Dates
The next estimated earnings date is Thursday, October 29, 2026, after market close.
| Earnings Date | Oct 29, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
First Solar has 107.47 million shares outstanding. The number of shares has increased by 0.12% in one year.
| Current Share Class | 107.47M |
| Shares Outstanding | 107.47M |
| Shares Change (YoY) | +0.12% |
| Shares Change (QoQ) | +0.10% |
| Owned by Insiders (%) | 5.25% |
| Owned by Institutions (%) | 95.65% |
| Float | 101.66M |
Valuation Ratios
The trailing PE ratio is 10.77 and the forward PE ratio is 8.28. First Solar's PEG ratio is 0.38.
| PE Ratio | 10.77 |
| Forward PE | 8.28 |
| PS Ratio | 3.49 |
| Forward PS | 3.37 |
| PB Ratio | 1.82 |
| P/TBV Ratio | 1.83 |
| P/FCF Ratio | 12.51 |
| P/OCF Ratio | 8.70 |
| PEG Ratio | 0.38 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 7.22, with an EV/FCF ratio of 11.49.
| EV / Earnings | 9.87 |
| EV / Sales | 3.20 |
| EV / EBITDA | 7.22 |
| EV / EBIT | 9.52 |
| EV / FCF | 11.49 |
Financial Position
The company has a current ratio of 2.52, with a Debt / Equity ratio of 0.02.
| Current Ratio | 2.52 |
| Quick Ratio | 1.70 |
| Debt / Equity | 0.02 |
| Debt / EBITDA | 0.08 |
| Debt / FCF | 0.13 |
| Interest Coverage | 46.88 |
Financial Efficiency
Return on equity (ROE) is 18.51% and return on invested capital (ROIC) is 20.58%.
| Return on Equity (ROE) | 18.51% |
| Return on Assets (ROA) | 8.62% |
| Return on Invested Capital (ROIC) | 20.58% |
| Return on Capital Employed (ROCE) | 16.05% |
| Weighted Average Cost of Capital (WACC) | 14.16% |
| Revenue Per Employee | $680,768 |
| Profits Per Employee | $221,014 |
| Employee Count | 7,900 |
| Asset Turnover | 0.41 |
| Inventory Turnover | 1.98 |
Taxes
In the past 12 months, First Solar has paid $79.38 million in taxes.
| Income Tax | 79.38M |
| Effective Tax Rate | 4.35% |
Stock Price Statistics
The stock price has decreased by -22.33% in the last 52 weeks. The beta is 1.79, so First Solar's price volatility has been higher than the market average.
| Beta (5Y) | 1.79 |
| 52-Week Price Change | -22.33% |
| 50-Day Moving Average | 207.52 |
| 200-Day Moving Average | 224.23 |
| Relative Strength Index (RSI) | 36.34 |
| Average Volume (20 Days) | 2,488,695 |
Short Selling Information
The latest short interest is 10.52 million, so 9.79% of the outstanding shares have been sold short.
| Short Interest | 10.52M |
| Short Previous Month | 9.43M |
| Short % of Shares Out | 9.79% |
| Short % of Float | 10.35% |
| Short Ratio (days to cover) | 5.65 |
Income Statement
In the last 12 months, First Solar had revenue of $5.38 billion and earned $1.75 billion in profits. Earnings per share was $16.22.
| Revenue | 5.38B |
| Gross Profit | 2.37B |
| Operating Income | 1.81B |
| Pretax Income | 1.83B |
| Net Income | 1.75B |
| EBITDA | 2.39B |
| EBIT | 1.81B |
| Earnings Per Share (EPS) | $16.22 |
Balance Sheet
The company has $1.73 billion in cash and $194.01 million in debt, with a net cash position of $1.53 billion or $14.26 per share.
| Cash & Cash Equivalents | 1.73B |
| Total Debt | 194.01M |
| Net Cash | 1.53B |
| Net Cash Per Share | $14.26 |
| Equity (Book Value) | 10.32B |
| Book Value Per Share | 96.03 |
| Working Capital | 3.21B |
Cash Flow
In the last 12 months, operating cash flow was $2.16 billion and capital expenditures -$655.62 million, giving a free cash flow of $1.50 billion.
| Operating Cash Flow | 2.16B |
| Capital Expenditures | -655.62M |
| Depreciation & Amortization | 576.20M |
| Net Borrowing | -928.77M |
| Free Cash Flow | 1.50B |
| FCF Per Share | $13.96 |
Margins
Gross margin is 44.02%, with operating and profit margins of 33.65% and 32.47%.
| Gross Margin | 44.02% |
| Operating Margin | 33.65% |
| Pretax Margin | 33.94% |
| Profit Margin | 32.47% |
| EBITDA Margin | 44.36% |
| EBIT Margin | 33.65% |
| FCF Margin | 27.89% |
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 |
| FCF Payout Ratio | n/a |
| Buyback Yield | -0.12% |
| Shareholder Yield | -0.12% |
| Earnings Yield | 9.30% |
| FCF Yield | 7.99% |
Analyst Forecast
The average price target for First Solar is $275.87, which is 57.99% higher than the current price. The consensus rating is "Buy".
| Price Target | $275.87 |
| Price Target Difference | 57.99% |
| Analyst Consensus | Buy |
| Analyst Count | 36 |
| Revenue Growth Forecast (3Y) | 7.96% |
| EPS Growth Forecast (3Y) | 26.99% |
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 6.65 and a Piotroski F-Score of 7.
| Altman Z-Score | 6.65 |
| Piotroski F-Score | 7 |