First Solar, Inc. (FSLR)
NASDAQ: FSLR · Real-Time Price · USD
304.98
-1.81 (-0.59%)
Jun 1, 2026, 11:05 AM EDT - Market open

First Solar Statistics

Total Valuation

First Solar has a market cap or net worth of $32.77 billion. The enterprise value is $31.13 billion.

Market Cap32.77B
Enterprise Value 31.13B

Important Dates

The last earnings date was Thursday, April 30, 2026, after market close.

Earnings Date Apr 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 (%) 5.32%
Owned by Institutions (%) 92.42%
Float 101.60M

Valuation Ratios

The trailing PE ratio is 19.70 and the forward PE ratio is 15.86. First Solar's PEG ratio is 0.77.

PE Ratio 19.70
Forward PE 15.86
PS Ratio 6.08
Forward PS 6.16
PB Ratio 3.34
P/TBV Ratio 3.37
P/FCF Ratio 19.77
P/OCF Ratio 13.45
PEG Ratio 0.77
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.70, with an EV/FCF ratio of 18.66.

EV / Earnings 18.69
EV / Sales 5.74
EV / EBITDA 13.70
EV / EBIT 18.09
EV / FCF 18.66

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) 12.75%
Revenue Per Employee $685,955
Profits Per Employee $210,799
Employee Count7,900
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 +91.79% in the last 52 weeks. The beta is 1.56, so First Solar's price volatility has been higher than the market average.

Beta (5Y) 1.56
52-Week Price Change +91.79%
50-Day Moving Average 214.92
200-Day Moving Average 228.24
Relative Strength Index (RSI) 80.26
Average Volume (20 Days) 2,916,577

Short Selling Information

The latest short interest is 8.66 million, so 8.06% of the outstanding shares have been sold short.

Short Interest 8.66M
Short Previous Month 7.74M
Short % of Shares Out 8.06%
Short % of Float 8.52%
Short Ratio (days to cover) 3.34

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.

Revenue5.42B
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
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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 5.05%
FCF Yield 5.06%
Dividend Details

Analyst Forecast

The average price target for First Solar is $243.59, which is -20.13% lower than the current price. The consensus rating is "Buy".

Price Target $243.59
Price Target Difference -20.13%
Analyst Consensus Buy
Analyst Count 34
Revenue Growth Forecast (3Y) n/a
EPS Growth Forecast (3Y) n/a
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 5.66 and a Piotroski F-Score of 7.

Altman Z-Score 5.66
Piotroski F-Score 7