First Solar Statistics

Total Valuation

First Solar has a market cap or net worth of $19.82 billion. The enterprise value is $19.74 billion.

Market Cap	19.82B
Enterprise Value	19.74B

Important Dates

The last earnings date was Thursday, July 31, 2025, after market close.

Earnings Date	Jul 31, 2025
Ex-Dividend Date	n/a

Share Statistics

First Solar has 107.25 million shares outstanding. The number of shares has increased by 0.01% in one year.

Current Share Class	107.25M
Shares Outstanding	107.25M
Shares Change (YoY)	+0.01%
Shares Change (QoQ)	+0.10%
Owned by Insiders (%)	5.45%
Owned by Institutions (%)	97.37%
Float	101.30M

Valuation Ratios

The trailing PE ratio is 15.80 and the forward PE ratio is 9.58. First Solar's PEG ratio is 0.32.

PE Ratio	15.80
Forward PE	9.58
PS Ratio	4.56
Forward PS	3.15
PB Ratio	2.32
P/TBV Ratio	2.34
P/FCF Ratio	n/a
P/OCF Ratio	66.33
PEG Ratio	0.32

Financial Ratio History

Enterprise Valuation

EV / Earnings	15.70
EV / Sales	4.54
EV / EBITDA	10.68
EV / EBIT	14.50
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.90, with a Debt / Equity ratio of 0.12.

Current Ratio	1.90
Quick Ratio	1.21
Debt / Equity	0.12
Debt / EBITDA	0.57
Debt / FCF	n/a
Interest Coverage	35.27

Financial Efficiency

Return on equity (ROE) is 15.92% and return on invested capital (ROIC) is 9.73%.

Return on Equity (ROE)	15.92%
Return on Assets (ROA)	7.13%
Return on Invested Capital (ROIC)	9.73%
Return on Capital Employed (ROCE)	13.61%
Revenue Per Employee	$536,227
Profits Per Employee	$155,244
Employee Count	8,100
Asset Turnover	0.36
Inventory Turnover	1.73

Taxes

In the past 12 months, First Solar has paid $85.44 million in taxes.

Income Tax	85.44M
Effective Tax Rate	6.36%

Stock Price Statistics

The stock price has decreased by -15.69% in the last 52 weeks. The beta is 1.48, so First Solar's price volatility has been higher than the market average.

Beta (5Y)	1.48
52-Week Price Change	-15.69%
50-Day Moving Average	170.06
200-Day Moving Average	165.50
Relative Strength Index (RSI)	58.28
Average Volume (20 Days)	2,450,553

Short Selling Information

The latest short interest is 9.58 million, so 8.93% of the outstanding shares have been sold short.

Short Interest	9.58M
Short Previous Month	9.64M
Short % of Shares Out	8.93%
Short % of Float	9.45%
Short Ratio (days to cover)	2.76

Income Statement

In the last 12 months, First Solar had revenue of $4.34 billion and earned $1.26 billion in profits. Earnings per share was $11.70.

Revenue	4.34B
Gross Profit	1.86B
Operating Income	1.36B
Pretax Income	n/a
Net Income	1.26B
EBITDA	1.85B
EBIT	1.36B
Earnings Per Share (EPS)	$11.70

Full Income Statement

Balance Sheet

The company has $1.15 billion in cash and $1.07 billion in debt, giving a net cash position of $86.77 million or $0.81 per share.

Cash & Cash Equivalents	1.15B
Total Debt	1.07B
Net Cash	86.77M
Net Cash Per Share	$0.81
Equity (Book Value)	8.55B
Book Value Per Share	79.69
Working Capital	2.57B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $298.86 million and capital expenditures -$1.24 billion, giving a free cash flow of -$942.70 million.

Operating Cash Flow	298.86M
Capital Expenditures	-1.24B
Free Cash Flow	-942.70M
FCF Per Share	-$8.79

Full Cash Flow Statement

Margins

Gross margin is 42.76%, with operating and profit margins of 31.35% and 28.95%.

Gross Margin	42.76%
Operating Margin	31.35%
Pretax Margin	30.92%
Profit Margin	28.95%
EBITDA Margin	42.54%
EBIT Margin	31.35%
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	-0.01%
Shareholder Yield	-0.01%
Earnings Yield	6.34%
FCF Yield	-4.76%

Dividend Details

Analyst Forecast

The average price target for First Solar is $226.66, which is 22.63% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$226.66
Price Target Difference	22.63%
Analyst Consensus	Strong Buy
Analyst Count	28
Revenue Growth Forecast (5Y)	11.65%
EPS Growth Forecast (5Y)	22.73%

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 4.28 and a Piotroski F-Score of 4.

Altman Z-Score	4.28
Piotroski F-Score	4