First Solar Statistics
Total Valuation
First Solar has a market cap or net worth of $18.42 billion. The enterprise value is $17.12 billion.
| Market Cap | 18.42B |
| Enterprise Value | 17.12B |
Important Dates
The last earnings date was Thursday, October 29, 2026, after market close.
| Earnings Date | Oct 29, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
First Solar has 107.48 million shares outstanding. The number of shares has increased by 0.15% in one year.
| Current Share Class | 107.48M |
| Shares Outstanding | 107.48M |
| Shares Change (YoY) | +0.15% |
| Shares Change (QoQ) | -0.03% |
| Owned by Insiders (%) | 5.25% |
| Owned by Institutions (%) | 94.78% |
| Float | 101.67M |
Valuation Ratios
The trailing PE ratio is 9.91 and the forward PE ratio is 8.01. First Solar's PEG ratio is 0.35.
| PE Ratio | 9.91 |
| Forward PE | 8.01 |
| PS Ratio | 3.61 |
| Forward PS | 3.28 |
| PB Ratio | 1.70 |
| P/TBV Ratio | 1.68 |
| P/FCF Ratio | 77.72 |
| P/OCF Ratio | 21.56 |
| PEG Ratio | 0.35 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 6.77, with an EV/FCF ratio of 72.14.
| EV / Earnings | 9.02 |
| EV / Sales | 3.35 |
| EV / EBITDA | 6.77 |
| EV / EBIT | 8.89 |
| EV / FCF | 72.14 |
Financial Position
The company has a current ratio of 2.57, with a Debt / Equity ratio of 0.03.
| Current Ratio | 2.57 |
| Quick Ratio | 1.76 |
| Debt / Equity | 0.03 |
| Debt / EBITDA | 0.13 |
| Debt / FCF | 1.40 |
| Interest Coverage | 70.33 |
Financial Efficiency
Return on equity (ROE) is 18.71% and return on invested capital (ROIC) is 19.83%.
| Return on Equity (ROE) | 18.71% |
| Return on Assets (ROA) | 8.60% |
| Return on Invested Capital (ROIC) | 19.83% |
| Return on Capital Employed (ROCE) | 15.81% |
| Weighted Average Cost of Capital (WACC) | 13.55% |
| Revenue Per Employee | $634,703 |
| Profits Per Employee | $235,587 |
| Employee Count | 7,900 |
| Asset Turnover | 0.36 |
| Inventory Turnover | 1.77 |
Taxes
In the past 12 months, First Solar has paid $69.95 million in taxes.
| Income Tax | 69.95M |
| Effective Tax Rate | 3.62% |
Stock Price Statistics
The stock price has decreased by -35.93% in the last 52 weeks. The beta is 1.71, so First Solar's price volatility has been higher than the market average.
| Beta (5Y) | 1.71 |
| 52-Week Price Change | -35.93% |
| 50-Day Moving Average | 184.56 |
| 200-Day Moving Average | 213.16 |
| Relative Strength Index (RSI) | 40.86 |
| Average Volume (20 Days) | 3,236,525 |
Short Selling Information
The latest short interest is 11.60 million, so 10.79% of the outstanding shares have been sold short.
| Short Interest | 11.60M |
| Short Previous Month | 11.13M |
| Short % of Shares Out | 10.79% |
| Short % of Float | 11.41% |
| Short Ratio (days to cover) | 5.42 |
Income Statement
In the last 12 months, First Solar had revenue of $5.01 billion and earned $1.86 billion in profits. Earnings per share was $17.29.
| Revenue | 5.01B |
| Gross Profit | 2.47B |
| Operating Income | 1.89B |
| Pretax Income | 1.93B |
| Net Income | 1.86B |
| EBITDA | 2.48B |
| EBIT | 1.89B |
| Earnings Per Share (EPS) | $17.29 |
Balance Sheet
The company has $1.62 billion in cash and $324.97 million in debt, with a net cash position of $1.30 billion or $12.09 per share.
| Cash & Cash Equivalents | 1.62B |
| Total Debt | 324.97M |
| Net Cash | 1.30B |
| Net Cash Per Share | $12.09 |
| Equity (Book Value) | 10.88B |
| Book Value Per Share | 101.23 |
| Working Capital | 3.24B |
Cash Flow
In the last 12 months, operating cash flow was $839.18 million and capital expenditures -$606.39 million, giving a free cash flow of $232.79 million.
| Operating Cash Flow | 839.18M |
| Capital Expenditures | -606.39M |
| Depreciation & Amortization | 591.95M |
| Net Borrowing | -635.50M |
| Free Cash Flow | 232.79M |
| FCF Per Share | $2.17 |
Margins
Gross margin is 49.25%, with operating and profit margins of 37.69% and 37.12%.
| Gross Margin | 49.25% |
| Operating Margin | 37.69% |
| Pretax Margin | 38.51% |
| Profit Margin | 37.12% |
| EBITDA Margin | 49.49% |
| EBIT Margin | 37.69% |
| FCF Margin | 4.64% |
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 | -0.15% |
| Shareholder Yield | -0.15% |
| Earnings Yield | 10.09% |
| FCF Yield | 1.29% |
Analyst Forecast
The average price target for First Solar is $252.57, which is 47.37% higher than the current price. The consensus rating is "Buy".
| Price Target | $252.57 |
| Price Target Difference | 47.37% |
| Analyst Consensus | Buy |
| Analyst Count | 36 |
| Revenue Growth Forecast (3Y) | 7.42% |
| EPS Growth Forecast (3Y) | 25.83% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
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| Graham Formula 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 6.61 and a Piotroski F-Score of 5.
| Altman Z-Score | 6.61 |
| Piotroski F-Score | 5 |