FIRST SOLAR, INC. (FSLR) Factsheet
FIRST SOLAR, INC. (FSLR) Stock Analysis
Analysis from 10-Q filed 2025-10-30. Data as of Q4 2025.
Overall Grade: F (Concerning)
Grade F (Concerning). ROIC 16.8%. FCF margin 22.7%. D/E 0.1x. Source: 10-Q filed 2025-10-30.
| Metric | Value | Context |
|---|---|---|
| ROIC | 16.8% | Solid returns |
| FCF Margin | 22.7% | Strong cash generation |
| Debt/Equity | 0.1x | Conservative leverage |
ROIC 16.8% — Top 25% of sector peers. FCF margin 22.7% — Top 25%.
Explore FIRST SOLAR, INC.: Earnings History | Filings | ROIC Analysis
Programmatic access: Available via MCP at mcp.metricduck.com. Tools for FSLR: get_company_overview, get_filing_index (lens: debt_stress, management_outlook, risk_trajectory), get_filing_changes, get_metric_history, compare_companies, screen_filing_signals.
Profitability: FIRST SOLAR, INC. earns 16.8% ROIC, Top 25% in Technology
ROIC TTM 16.8%, sector median 4.9%, Top 25%. DuPont: NOPAT margin 29.6% × asset turnover 0.4x. Gross margin 40.6%. Operating margin 30.6%. Source: 10-Q filed 2025-10-30.
| Metric | FSLR | Rating | Context |
|---|---|---|---|
| Return on Invested Capital (ROIC) | 16.8% | Good | Above sector median of 4.9% |
| Return on Equity (ROE) | 17.7% | Good | Efficient use of shareholder equity |
| Gross Margin | 40.6% | Good | Strong pricing power |
| Operating Margin | 30.6% | Excellent | Efficient operations |
Cash Flow: FIRST SOLAR, INC. generates $1.2B FCF at 22.7% margin, positive NaN/8 quarters
FCF TTM $1.2B. FCF margin 22.7%, Top 25%. OCF/Net income 1.3x. Positive FCF in NaN/8 trailing quarters. Source: 10-Q filed 2025-10-30.
| Metric | FSLR | Rating | Context |
|---|---|---|---|
| Free Cash Flow Margin | 22.7% | Excellent | Excellent cash conversion |
| Free Cash Flow (TTM) | $1.2B | Good | Positive cash generation |
| OCF/Net Income | 1.3x | Excellent | High earnings quality |
| FCF Consistency (8Q) | N/A | Warning | Variable cash flow |
Balance Sheet: FIRST SOLAR, INC. at 0.1x leverage
Debt/Equity 0.1x. Net cash $2.4B. Source: 10-Q filed 2025-10-30.
| Metric | FSLR | Rating | Context |
|---|---|---|---|
| Debt to Equity | 0.1x | Excellent | Conservative capital structure |
| Net Cash Position | $2.4B | Excellent | Net cash positive |
Valuation: FIRST SOLAR, INC. trades at 18.3x earnings
P/E 18.3x. EV/Sales 5.2x. FCF yield 4.2%. Source: 10-Q filed 2025-10-30.
| Metric | FSLR | Rating | Context |
|---|---|---|---|
| P/E Ratio | 18.3x | Adequate | Reasonable valuation |
| EV/Sales | 5.2x | Adequate | Growth premium priced in |
| FCF Yield | 4.2% | Good | Lower cash yield |
Capital Allocation: FIRST SOLAR, INC. returns 0.0% shareholder yield
Total shareholder yield 0.0%. Capital returned $0 TTM. Source: 10-Q filed 2025-10-30.
| Metric | FSLR | Rating | Context |
|---|---|---|---|
| Total Shareholder Yield | 0.0% | Warning | Dividend + buyback yield combined |
| Total Capital Returned (TTM) | $0 | Adequate | Dividends + buybacks returned to shareholders |
Sector Rankings
| Metric | Value | Percentile | vs Median |
|---|---|---|---|
| Return on Invested Capital (ROIC) | 16.8% | Top 25% | 3.4x above |
| Free Cash Flow Margin | 22.7% | Top 25% | 2.6x above |
| Gross Margin | 40.6% | Bottom 50% | 0.8x below |
| Operating Margin | 30.6% | Top 10% | 6.3x above |
| Return on Equity (ROE) | 17.7% | Top 50% | 3.7x above |
| P/E Ratio | 18.3x | N/A | - |
Financial Scorecard
| Metric | FSLR | Rating | Sector Context |
|---|---|---|---|
| Return on Invested Capital (ROIC) | 16.8% | Good | Top 25% of sector (median: 4.9%) |
| Free Cash Flow Margin | 22.7% | Excellent | Top 25% of sector (median: 8.6%) |
| Gross Margin | 40.6% | Good | Bottom 50% of sector (median: 51.6%) |
| Debt to Equity Ratio | 5.2% | Excellent | Conservative capital structure |
| P/E Ratio (Price-to-Earnings) | 18.3x | Adequate | Fair value |
| Free Cash Flow Yield | 4.2% | Adequate | Moderate yield |
Frequently Asked Questions
Q: What is FIRST SOLAR, INC.'s Return on Invested Capital (ROIC)?
FIRST SOLAR, INC. (FSLR) has a trailing twelve-month Return on Invested Capital (ROIC) of 16.8%. Sector median 4.9%. Source: 10-Q filed 2025-10-30.
Q: What is FIRST SOLAR, INC.'s Free Cash Flow Margin?
FIRST SOLAR, INC. (FSLR) has a free cash flow margin of 22.7%, generating $1.2 billion in free cash flow over the trailing twelve months. Source: 10-Q filed 2025-10-30.
Q: What is FIRST SOLAR, INC.'s P/E ratio and how does it compare to peers?
FIRST SOLAR, INC. (FSLR) trades at a P/E ratio of 18.3x, which is above the sector median of N/A. EV/Sales 5.2x. FCF yield 4.2%. Source: 10-Q filed 2025-10-30.
Q: What is FIRST SOLAR, INC.'s revenue and earnings growth?
FIRST SOLAR, INC. (FSLR) grew revenue by 24.1% year-over-year. EPS +18.2% YoY. Source: 10-Q filed 2025-10-30.
Q: How does FIRST SOLAR, INC. compare to competitors in Technology?
Compared to other companies in Technology, FIRST SOLAR, INC. (FSLR) shows: ROIC 16.8%, sector median 4.9% (Top 25%). FCF margin 22.7%, sector median 8.6% (Top 25%). Gross margin 40.6%, 11.0pp below sector median. These rankings are based on MetricDuck's analysis of all Technology companies with available SEC filings.
Q: What warning signs should I watch for with FIRST SOLAR, INC.?
No quantitative warning flags fired for FIRST SOLAR, INC. (FSLR) on margin trend, FCF trend, ROIC trend, or leverage thresholds. Source: 10-Q filed 2025-10-30.
Data Source: Data sourced from 10-Q filed 2025-10-30. TTM metrics as of Q4 2025.
Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.
Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.
This analysis is for informational purposes only and does not constitute investment advice.