First Solar Statistics

Total Valuation

First Solar has a market cap or net worth of $16.32 billion. The enterprise value is $16.06 billion.

Market Cap	16.32B
Enterprise Value	16.06B

Important Dates

The next estimated earnings date is Tuesday, July 29, 2025, after market close.

Earnings Date	Jul 29, 2025
Ex-Dividend Date	n/a

Share Statistics

First Solar has 107.24 million shares outstanding. The number of shares has increased by 0.09% in one year.

Current Share Class	107.24M
Shares Outstanding	107.24M
Shares Change (YoY)	+0.09%
Shares Change (QoQ)	-0.17%
Owned by Insiders (%)	5.44%
Owned by Institutions (%)	96.65%
Float	101.30M

Valuation Ratios

The trailing PE ratio is 12.21 and the forward PE ratio is 8.43. First Solar's PEG ratio is 0.34.

PE Ratio	12.21
Forward PE	8.43
PS Ratio	3.61
Forward PS	2.95
PB Ratio	1.88
P/TBV Ratio	2.01
P/FCF Ratio	n/a
P/OCF Ratio	47.67
PEG Ratio	0.34

Financial Ratio History

Enterprise Valuation

EV / Earnings	12.69
EV / Sales	3.77
EV / EBITDA	8.77
EV / EBIT	11.69
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.93, with a Debt / Equity ratio of 0.08.

Current Ratio	1.93
Quick Ratio	1.19
Debt / Equity	0.08
Debt / EBITDA	0.34
Debt / FCF	n/a
Interest Coverage	35.04

Financial Efficiency

Return on equity (ROE) is 16.77% and return on invested capital (ROIC) is 10.46%.

Return on Equity (ROE)	16.77%
Return on Assets (ROA)	7.50%
Return on Invested Capital (ROIC)	10.46%
Return on Capital Employed (ROCE)	14.09%
Revenue Per Employee	$525,525
Profits Per Employee	$156,168
Employee Count	8,100
Asset Turnover	0.37
Inventory Turnover	1.81

Taxes

In the past 12 months, First Solar has paid $102.92 million in taxes.

Income Tax	102.92M
Effective Tax Rate	7.52%

Stock Price Statistics

The stock price has decreased by -38.64% in the last 52 weeks. The beta is 1.53, so First Solar's price volatility has been higher than the market average.

Beta (5Y)	1.53
52-Week Price Change	-38.64%
50-Day Moving Average	151.59
200-Day Moving Average	173.51
Relative Strength Index (RSI)	47.43
Average Volume (20 Days)	4,874,549

Short Selling Information

The latest short interest is 10.52 million, so 9.81% of the outstanding shares have been sold short.

Short Interest	10.52M
Short Previous Month	10.72M
Short % of Shares Out	9.81%
Short % of Float	10.38%
Short Ratio (days to cover)	2.01

Income Statement

In the last 12 months, First Solar had revenue of $4.26 billion and earned $1.26 billion in profits. Earnings per share was $11.77.

Revenue	4.26B
Gross Profit	1.86B
Operating Income	1.37B
Pretax Income	n/a
Net Income	1.26B
EBITDA	1.83B
EBIT	1.37B
Earnings Per Share (EPS)	$11.77

Full Income Statement

Balance Sheet

The company has $890.76 million in cash and $630.39 million in debt, giving a net cash position of $260.37 million or $2.43 per share.

Cash & Cash Equivalents	890.76M
Total Debt	630.39M
Net Cash	260.37M
Net Cash Per Share	$2.43
Equity (Book Value)	8.19B
Book Value Per Share	76.34
Working Capital	2.20B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $342.29 million and capital expenditures -$1.32 billion, giving a free cash flow of -$976.29 million.

Operating Cash Flow	342.29M
Capital Expenditures	-1.32B
Free Cash Flow	-976.29M
FCF Per Share	-$9.10

Full Cash Flow Statement

Margins

Gross margin is 43.61%, with operating and profit margins of 32.25% and 29.72%.

Gross Margin	43.61%
Operating Margin	32.25%
Pretax Margin	32.13%
Profit Margin	29.72%
EBITDA Margin	43.03%
EBIT Margin	32.25%
FCF Margin	n/a

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	-0.08%
Shareholder Yield	-0.08%
Earnings Yield	7.75%
FCF Yield	-5.98%

Dividend Details

Analyst Forecast

The average price target for First Solar is $234.50, which is 54.13% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$234.50
Price Target Difference	54.13%
Analyst Consensus	Strong Buy
Analyst Count	30
Revenue Growth Forecast (5Y)	11.31%
EPS Growth Forecast (5Y)	21.16%

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 4.85 and a Piotroski F-Score of 6.

Altman Z-Score	4.85
Piotroski F-Score	6