First Solar, Inc. (FSLR)

Last Closing Price: 155.73 (2025-05-27)

Company Description

First Solar, Inc. is a leading global provider of comprehensive PV solar energy solutions and specializes in designing, manufacturing, and selling solar electric power modules using a proprietary thin-film semiconductor technology. The company's solar modules employ a thin layer of cadmium telluride semiconductor material to convert sunlight into electricity. It sells its products to project developers, system integrators and renewable energy project operators primarily in Europe and Germany in particular. First Solar also engages in designing and deploying commercial solar projects for utilities. The company also develops and sells PV solar power systems that primarily use the modules it manufactures. Additionally, it provides operations and maintenance services to system owners.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $4.21B
Net Income (Most Recent Fiscal Year) $1.29B
PE Ratio (Current Year Earnings Estimate) 10.63
PE Ratio (Trailing 12 Months) 13.24
PEG Ratio (Long Term Growth Estimate) 0.31
Price to Sales Ratio (Trailing 12 Months) 3.92
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 2.04
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 9.72
Pre-Tax Margin (Trailing 12 Months) 32.13%
Net Margin (Trailing 12 Months) 29.72%
Return on Equity (Trailing 12 Months) 16.32%
Return on Assets (Trailing 12 Months) 10.84%
Current Ratio (Most Recent Fiscal Quarter) 1.93
Quick Ratio (Most Recent Fiscal Quarter) 1.39
Debt to Common Equity (Most Recent Fiscal Quarter) 0.04
Inventory Turnover (Trailing 12 Months) 2.07
Book Value per Share (Most Recent Fiscal Quarter) $76.34
Earnings per Share (Most Recent Fiscal Quarter) $1.95
Earnings per Share (Most Recent Fiscal Year) $12.02
Diluted Earnings per Share (Trailing 12 Months) $11.76
Stock
Exchange NASDAQ
Sector Technology
Industry Solar
Common Shares Outstanding 107.24M
Free Float 106.73M
Market Capitalization $16.70B
Average Volume (Last 20 Days) 6.45M
Beta (Past 60 Months) 1.46
Percentage Held By Insiders (Latest Annual Proxy Report) 0.48%
Percentage Held By Institutions (Latest 13F Reports) 92.08%
Annual Dividend (Based on Last Quarter) $0.00
Dividend Yield (Based on Last Quarter) 0.00%