Companies

FIRST SOLAR, INC.

FSLR · CIK 0001274494 · operating

$199.86+1.35%Last updated Mar 2, 10:37 PM

Key Statistics

Valuation

Market Cap$21.45B
P/E15.13
Fwd P/E7.85
PEG
P/S4.11
P/B2.25
EV/EBITDA9.05
EV/Rev3.69

Profitability

Gross Margin40.62%
Op. Margin30.59%
Net Margin29.28%
ROE16.02%
ROA11.47%
FCF Margin22.75%

Financial Health

Current Ratio2.67
Debt/Equity0.40
Free Cash Flow$1.19B
Div. Yield

Growth & Other

Revenue Growth24.09%
EPS Growth18.22%
Beta1.63
52W High$285.99
52W Low$116.56

About FIRST SOLAR, INC.

A solar technology company, First Solar manufactures and sells photovoltaic (PV) modules based on thin film semiconductor technology, specifically cadmium telluride solar panels. The company's modules convert sunlight into electricity and are designed as an alternative to conventional crystalline silicon PV technology. First Solar serves system developers, independent power producers, utilities, commercial and industrial companies, large corporate energy buyers, and system operators across multiple geographies.

The company operates manufacturing facilities and maintains business operations in the United States, France, India, Chile, and additional international markets. With approximately 7,900 full-time employees, First Solar operates at significant scale within the solar manufacturing sector. The business model centers on manufacturing and selling solar modules to customers across utility-scale, commercial, and industrial applications. Founded in 1999 and incorporated in Delaware, the company changed its name from First Solar Holdings, Inc. to First Solar, Inc. in 2006 and is headquartered in Tempe, Arizona.

Earnings Per Share (Annual · SEC XBRL)

Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.

Fiscal YearEPS DilutedEPS BasicYoY
2025$14.21$14.25+18.2%
2024$12.02$12.07+55.3%
2023$7.74$7.78+1987.8%
2022$-0.41$-0.41-109.4%
2021$4.38$4.41+17.4%
2020$3.73$3.76+442.2%
2019$-1.09$-1.09-180.1%
2018$1.36$1.38+185.5%
2017$-1.59$-1.59+54.3%
2016$-3.48$-3.48-164.8%
2015$5.37$5.42+37.3%
2014$3.91$3.97+5.7%
2013$3.70$3.77+433.3%
2012$-1.11$-1.11-141.3%
2011$-0.46$-0.46-106.0%
2010$7.68$7.82+2.0%
2009$7.53$7.67

Annual Reports (10-K) · 8 filings

Report DateFiledAccession Number
2025-12-312026-02-240001274494-26-000021SEC ↗
2024-12-312025-02-250001274494-25-000010SEC ↗
2023-12-312024-02-270001274494-24-000004SEC ↗
2022-12-312023-02-280001274494-23-000002SEC ↗
2021-12-312022-03-010001274494-22-000009SEC ↗
2020-12-312021-02-260001628280-21-003343SEC ↗
2019-12-312020-02-210001274494-20-000011SEC ↗
2018-12-312019-02-220001274494-19-000004SEC ↗