First Solar Statistics
Total Valuation
First Solar has a market cap or net worth of $23.75 billion. The enterprise value is $21.81 billion.
| Market Cap | 23.75B |
| Enterprise Value | 21.81B |
Important Dates
The next estimated earnings date is Thursday, July 30, 2026, after market close.
| Earnings Date | Jul 30, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
First Solar has 107.45 million shares outstanding. The number of shares has increased by 0.06% in one year.
| Current Share Class | 107.45M |
| Shares Outstanding | 107.45M |
| Shares Change (YoY) | +0.06% |
| Shares Change (QoQ) | -0.03% |
| Owned by Insiders (%) | 5.31% |
| Owned by Institutions (%) | 92.27% |
| Float | 101.61M |
Valuation Ratios
The trailing PE ratio is 14.28 and the forward PE ratio is 11.46. First Solar's PEG ratio is 0.58.
| PE Ratio | 14.28 |
| Forward PE | 11.46 |
| PS Ratio | 4.36 |
| Forward PS | 4.45 |
| PB Ratio | 2.48 |
| P/TBV Ratio | 2.42 |
| P/FCF Ratio | 14.18 |
| P/OCF Ratio | 9.65 |
| PEG Ratio | 0.58 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 9.59, with an EV/FCF ratio of 13.07.
| EV / Earnings | 13.09 |
| EV / Sales | 4.02 |
| EV / EBITDA | 9.59 |
| EV / EBIT | 12.67 |
| EV / FCF | 13.07 |
Financial Position
The company has a current ratio of 2.56, with a Debt / Equity ratio of 0.06.
| Current Ratio | 2.56 |
| Quick Ratio | 1.91 |
| Debt / Equity | 0.06 |
| Debt / EBITDA | 0.26 |
| Debt / FCF | 0.35 |
| Interest Coverage | 40.76 |
Financial Efficiency
Return on equity (ROE) is 18.44% and return on invested capital (ROIC) is 21.69%.
| Return on Equity (ROE) | 18.44% |
| Return on Assets (ROA) | 8.45% |
| Return on Invested Capital (ROIC) | 21.69% |
| Return on Capital Employed (ROCE) | 15.44% |
| Weighted Average Cost of Capital (WACC) | 13.60% |
| Revenue Per Employee | $685,955 |
| Profits Per Employee | $210,799 |
| Employee Count | 7,900 |
| Asset Turnover | 0.43 |
| Inventory Turnover | 2.34 |
Taxes
In the past 12 months, First Solar has paid $52.88 million in taxes.
| Income Tax | 52.88M |
| Effective Tax Rate | 3.08% |
Stock Price Statistics
The stock price has increased by +36.07% in the last 52 weeks. The beta is 1.73, so First Solar's price volatility has been higher than the market average.
| Beta (5Y) | 1.73 |
| 52-Week Price Change | +36.07% |
| 50-Day Moving Average | 249.00 |
| 200-Day Moving Average | 235.46 |
| Relative Strength Index (RSI) | 37.41 |
| Average Volume (20 Days) | 1,873,321 |
Short Selling Information
The latest short interest is 8.22 million, so 7.65% of the outstanding shares have been sold short.
| Short Interest | 8.22M |
| Short Previous Month | 8.54M |
| Short % of Shares Out | 7.65% |
| Short % of Float | 8.09% |
| Short Ratio (days to cover) | 3.49 |
Income Statement
In the last 12 months, First Solar had revenue of $5.42 billion and earned $1.67 billion in profits. Earnings per share was $15.48.
| Revenue | 5.42B |
| Gross Profit | 2.26B |
| Operating Income | 1.72B |
| Pretax Income | 1.72B |
| Net Income | 1.67B |
| EBITDA | 2.27B |
| EBIT | 1.72B |
| Earnings Per Share (EPS) | $15.48 |
Balance Sheet
The company has $2.43 billion in cash and $587.12 million in debt, with a net cash position of $1.84 billion or $17.12 per share.
| Cash & Cash Equivalents | 2.43B |
| Total Debt | 587.12M |
| Net Cash | 1.84B |
| Net Cash Per Share | $17.12 |
| Equity (Book Value) | 9.88B |
| Book Value Per Share | 91.93 |
| Working Capital | 3.44B |
Cash Flow
In the last 12 months, operating cash flow was $2.45 billion and capital expenditures -$782.44 million, giving a free cash flow of $1.67 billion.
| Operating Cash Flow | 2.45B |
| Capital Expenditures | -782.44M |
| Depreciation & Amortization | 551.77M |
| Net Borrowing | -90.49M |
| Free Cash Flow | 1.67B |
| FCF Per Share | $15.52 |
Margins
Gross margin is 41.74%, with operating and profit margins of 31.76% and 30.73%.
| Gross Margin | 41.74% |
| Operating Margin | 31.76% |
| Pretax Margin | 31.71% |
| Profit Margin | 30.73% |
| EBITDA Margin | 41.94% |
| EBIT Margin | 31.76% |
| FCF Margin | 30.78% |
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 | -0.06% |
| Shareholder Yield | -0.06% |
| Earnings Yield | 7.04% |
| FCF Yield | 7.05% |
Analyst Forecast
The average price target for First Solar is $251.26, which is 13.68% higher than the current price. The consensus rating is "Buy".
| Price Target | $251.26 |
| Price Target Difference | 13.68% |
| Analyst Consensus | Buy |
| Analyst Count | 35 |
| Revenue Growth Forecast (3Y) | 7.77% |
| EPS Growth Forecast (3Y) | 27.27% |
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 5.66 and a Piotroski F-Score of 7.
| Altman Z-Score | 5.66 |
| Piotroski F-Score | 7 |