First Solar, Inc. FSLR
Solar, Energy
$180.13
+0.18%
- Market cap
- $19.4B
- PE
- 11.1×
- 10y median 21.2×
- Forward PE
- Price to sales
- 3.6×
- EV/EBIT
- 9.8×
- Revenue, 12 months
- $5.4B
- +24% on a year ago
- Net margin
- 32.5%
- Free cash flow yield
- 7.7%
First Solar trades at 11.1× trailing earnings, cheaper than 92% of the last ten years. Revenue was $5.4B over the last twelve months, up 24% on a year earlier with a 32% net margin.
Charts
Financials
| Income statement | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| $1.2B | $794.1M | $1B | $887.7M | $1.5B+31% | $844.6M+6% | $1.1B+9% | $1.6B+80% | $1.7B+11% | $1B+24% | $1.1B−4% | |
| Cost of revenue | $656.5M | $448.1M | $511.6M | $442.4M | $946.4M+44% | $500.2M+12% | $597.3M+17% | $984.1M+123% | $1B+8% | $558.1M+12% | $451.2M−25% |
| Gross profit | $502M | $346M | $498.9M | $445.3M | $567.7M+13% | $344.4M−1% | $499.9M+0% | $610.7M+37% | $665.3M+17% | $486.1M+41% | $605M+21% |
| R&D | $43.9M | $42.7M | $51.9M | $50.2M | $46.5M+6% | $52.4M+23% | $54.5M+5% | $60.6M+21% | $66M+42% | $66.9M+28% | $76.2M+40% |
| SG&A | $57.1M | $45.8M | $46.6M | $46.3M | $49.6M−13% | $53.2M+16% | $52.6M+13% | $47.3M+2% | $50.7M+2% | $65.3M+23% | $51.9M−1% |
| $397.8M | $243.1M | $372.5M | $322M | $456.8M+15% | $221.2M−9% | $361.6M−3% | $466.1M+45% | $547.9M+20% | $345.3M+56% | $450.4M+25% | |
| Interest expense | $7.1M | $9.2M | $9.8M | $9M | $10.9M+54% | $9.5M+3% | $9.2M−6% | $14.1M+57% | $11.3M+4% | $7.6M−20% | $5.6M−39% |
| Pre-tax income | $376.7M | $255.5M | $377.1M | $327.3M | $446.3M+19% | $217.1M−15% | $352.2M−7% | $460.3M+41% | $551.3M+24% | $354.3M+63% | $459.4M+30% |
| $27.4M | $18.9M | $27.8M | $14.4M | $53.2M+94% | $7.5M−60% | $10.3M−63% | $4.4M−69% | $30.5M−43% | $7.7M+3% | $36.8M+257% | |
| Net income | $349.2M | $236.6M | $349.4M | $313M | $393.1M+13% | $209.5M−11% | $341.9M−2% | $455.9M+46% | $520.9M+33% | $346.6M+65% | $422.6M+24% |
| $3.25 | $2.20 | $3.25 | $2.91 | $3.65+12% | $1.95−11% | $3.18−2% | $4.24+46% | $4.84+33% | $3.22+65% | $3.92+23% | |
| 107.6M | 107.4M | 107.5M | 107.6M | 107.6M+0% | 107.4M+0% | 107.5M+0% | 107.5M+0% | 107.7M+0% | 107.6M+0% | 107.7M+0% |
From each company's 10-Q and 10-K filings. Fiscal years are four fiscal quarters added up; balance sheet lines are as of the period's end. Growth is on the same period a year earlier.
Estimates
Next earnings report: .
Analyst consensus for the next eight quarters, with the range from the lowest to the highest estimate, is part of Superworth Pro.
Peers
Companies in Energy within ten times First Solar's size, closest in size first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| FSLRFirst Solar, Inc. | $19.4B | 11.1× | 21.2× | 3.6× | +24% | 32.5% | |
| EXEExpand Energy Corporation | $20.4B | 7.6× | 8.5× | 1.5× | +59% | 20.5% | |
| DINOHF Sinclair Corporation | $20.6B | 11.0× | 9.7× | 0.7× | +16% | 6.1% | |
| TPLTexas Pacific Land Corporation | $23.9B | 44.1× | 41.5× | 26.6× | +21% | 60.3% | |
| HALHalliburton Company | $26.5B | 16.6× | 17.0× | 1.2× | +1% | 7.2% | |
| FTITechnipFMC plc | $26.8B | 23.8× | 25.3× | 2.6× | +10% | 11.3% | |
| CQPCheniere Energy Partners, L.P. | $30.7B | 10.6× | 14.3× | 2.7× | +15% | 27.3% | |
| VGVenture Global, Inc. | $32.6B | 10.3× | 13.9× | 1.9× | +101% | 22.3% | |
| EQTEQT Corporation | $32.7B | 11.5× | 20.1× | 3.4× | +32% | 28.4% | |
| FANGDiamondback Energy, Inc. | $51.6B | 35.9× | 11.4× | 3.0× | +21% | 8.6% | |
| DVNDevon Energy Corporation | $52.7B | 11.4× | 7.9× | 2.7× | +15% | 16.7% | |
| Peer median | $28.8B | 11.4× | 14.1× | 2.6× | +19% | 18.6% |
About
- Industry
- Solar
- Sector
- Energy
Valuation data, not investment advice. Prices as of .