FSLR First Solar Inc
Price (delayed)
$129.82
Market cap
$13.9B
P/E Ratio
10.76
Dividend/share
N/A
EPS
$12.07
Enterprise value
$12.89B
First Solar, Inc. is an American manufacturer of solar panels, and a provider of utility-scale PV power plants and supporting services that include finance, construction, maintenance and end-of-life panel recycling.
Highlights
The P/E is 85% below the 5-year quarterly average of 68.7 and 43% below the last 4 quarters average of 18.4
The company's net income has surged by 56% YoY and by 3.5% QoQ
FSLR's quick ratio is down by 31% YoY but it is up by 29% QoQ
FSLR's gross margin is up by 13% YoY but it is down by 4.9% QoQ
First Solar's debt has increased by 9% YoY and by 4.8% from the previous quarter
Key stats
What are the main financial stats of FSLR
Market
Valuations
Earnings
Shares outstanding
107.06M
Market cap
$13.9B
Enterprise value
$12.89B
Price to earnings (P/E)
10.76
Price to book (P/B)
1.74
Price to sales (P/S)
3.3
EV/EBIT
8.92
EV/EBITDA
6.9
EV/Sales
3.06
Revenue
$4.21B
Gross profit
$1.86B
Operating income
$1.39B
Net income
$1.29B
EBIT
$1.45B
EBITDA
$1.87B
Free cash flow
-$308.08M
Per share
Balance sheet
Liquidity
EPS
$12.07
EPS diluted
$12.02
Free cash flow per share
-$2.88
Book value per share
$74.52
Revenue per share
$39.31
TBVPS
$112.52
Total assets
$12.12B
Total liabilities
$4.15B
Debt
$609.78M
Equity
$7.98B
Working capital
$3.01B
Debt to equity
0.08
Current ratio
2.45
Quick ratio
1.47
Net debt/EBITDA
-0.54
Margins
Efficiency
Dividend
EBITDA margin
44.4%
Gross margin
44.2%
Net margin
30.7%
Operating margin
33.1%
Return on assets
11.4%
Return on equity
17.4%
Return on invested capital
17%
Return on capital employed
14.4%
Return on sales
34.4%
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A
FSLR stock price
How has the First Solar stock price performed over time
Intraday
1.76%
1 week
2.75%
1 month
-4.67%
1 year
-22.34%
YTD
-26.34%
QTD
2.68%
Financial performance
How have First Solar's revenue and profit performed over time
Revenue
$4.21B
Gross profit
$1.86B
Operating income
$1.39B
Net income
$1.29B
Gross margin
44.2%
Net margin
30.7%
The operating income has surged by 64% year-on-year and by 4.9% since the previous quarter
The company's net income has surged by 56% YoY and by 3.5% QoQ
FSLR's gross profit is up by 43% YoY and by 3.7% from the previous quarter
The operating margin is up by 29% year-on-year but it has declined by 4.1% since the previous quarter
Growth
What is First Solar's growth rate over time
Valuation
What is First Solar stock price valuation
P/E
10.76
P/B
1.74
P/S
3.3
EV/EBIT
8.92
EV/EBITDA
6.9
EV/Sales
3.06
The P/E is 85% below the 5-year quarterly average of 68.7 and 43% below the last 4 quarters average of 18.4
The company's EPS has surged by 55% YoY and by 3.5% QoQ
FSLR's P/B is 43% below its last 4 quarters average of 3.0 and 26% below its 5-year quarterly average of 2.3
First Solar's equity has increased by 19% YoY and by 5% QoQ
FSLR's price to sales (P/S) is 43% less than its last 4 quarters average of 5.7 and 29% less than its 5-year quarterly average of 4.6
The revenue has increased by 27% year-on-year and by 9% since the previous quarter
Efficiency
How efficient is First Solar business performance
FSLR's ROIC is up by 36% YoY
The ROE has grown by 31% YoY
First Solar's ROA has increased by 28% YoY
The company's return on sales rose by 26% YoY but it fell by 3.4% QoQ
Dividends
What is FSLR's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A
There are no recent dividends present for FSLR.
Financial health
How did First Solar financials performed over time
The total assets is 192% more than the total liabilities
The current ratio has declined by 31% year-on-year but it has increased by 14% since the previous quarter
FSLR's quick ratio is down by 31% YoY but it is up by 29% QoQ
First Solar's debt is 92% less than its equity
First Solar's equity has increased by 19% YoY and by 5% QoQ
First Solar's debt has increased by 9% YoY and by 4.8% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.