YOLFTbeta
First Solar Inc

First Solar Inc

FSLR · NASDAQ · Technology / Solar

171.39USD-0.91 (-0.53%)

Price History

Full chart

Market Stats

Previous Close172.30
Open171.69
Day Range166.70 – 172.51
52-Week Range168.60 – 320.95
Volume2.48M
Market Cap19.11B
P/E (TTM)10.96
Forward P/E8.35
EPS16.22
Dividend Yield0.00%
Beta1.79
50-Day Avg205.04
200-Day Avg222.07

About

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally. The company manufactures and sells PV solar modules with thin film semiconductor technology that provides conventional crystalline silicon PV solar modules. It also designs, manufactures, and sells cadmium telluride solar modules that convert sunlight into electricity. The company serves system developers, independent power producers, utilities, commercial and industrial companies, large corporate energy buyers, and other system owners and operators. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Phoenix, Arizona.

Company Details

  • SectorTechnology
  • IndustrySolar
  • CEOMr. Mark R. Widmar
  • Employees7.90K
  • Headquarters4300 E Camelback Road, Phoenix, AZ, United States, 85018, USA
  • Websitehttps://www.firstsolar.com

Leadership

  • Mr. Mark R. WidmarCEO & Director · b. 1966
  • Mr. Alexander R. BradleyChief Financial Officer · b. 1981
  • Mr. Jason E. DymbortGeneral Counsel & Secretary · b. 1978
  • Mr. Georges J. AntounChief Commercial Officer · b. 1963
  • Mr. Kuntal Kumar VermaChief Manufacturing Officer · b. 1973
  • Mr. Nathan B. TheurerVP, Global Controller & Chief Accounting Officer · b. 1981
  • Mr. Markus GloecklerChief Technology Officer · b. 1974
  • Mr. Byron Michael JeffersVP, Treasurer & Head of Investor Relations · b. 1984
  • Ms. Caroline StockdaleChief People & Communications Officer · b. 1963
  • Mr. Michael KoralewskiChief Supply Chain Officer · b. 1972

Financials

Income Statement

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-490.00K3.21M13.52M48.06M134.97M503.98M1.25B2.07B2.56B2.77B3.37B3.31B3.39B4.11B2.90B2.94B2.24B3.06B2.71B2.92B2.62B3.32B4.21B5.22B
Growth (%)--+555.10%+321.25%+255.44%+180.83%+273.39%+147.29%+65.79%+24.07%+7.91%+21.77%-1.75%+2.46%+21.27%-29.37%+1.27%-23.71%+36.50%-11.48%+7.82%-10.40%+26.70%+26.75%+24.09%
Cost of Revenue14.27M7.01M-18.85M31.48M80.73M252.57M567.91M1.02B1.38B1.79B2.52B2.44B2.57B2.98B2.27B2.39B1.85B2.51B2.03B2.19B2.55B2.02B2.35B3.10B
Gross Profit-14.27M-6.52M3.21M-5.33M16.58M54.24M251.40M678.39M1.04B1.18B971.75M852.75M864.63M824.94M1.13B638.42M548.95M392.18M549.21M680.67M729.95M69.86M1.30B1.86B2.12B
Gross Margin--1330.00%100.00%-39.41%34.50%40.19%49.88%54.43%50.56%46.22%35.13%25.32%26.12%24.33%27.54%21.98%18.66%17.48%17.93%25.10%24.97%2.67%39.19%44.17%40.62%
Operating Expense11.46M15.62M011.45M21.37M51.43M114.22M240.05M364.97M435.94M1.04B890.31M494.23M402.94M402.60M1.21B371.10M352.06M711.00M363.18M143.20M97.09M443.41M463.44M523.48M
Operating Income-25.73M-22.13M3.21M-16.78M-4.79M2.81M137.18M438.34M679.62M748.90M-68.66M-37.56M370.41M422.00M730.16M-568.15M177.85M40.11M-161.78M317.49M586.75M-27.24M857.27M1.39B1.60B
Operating Margin--4517.14%100.00%-124.10%-9.97%2.08%27.22%35.17%32.89%29.21%-2.48%-1.12%11.19%12.44%17.75%-19.56%6.05%1.79%-5.28%11.71%20.07%-1.04%25.83%33.15%30.59%
EBITDA-25.73M-22.13M3.21M-14.84M-1.41M13.02M161.66M523.80M821.20M918.18M181.62M236.80M617.23M679.88M998.13M-285.77M343.19M269.80M112.41M550.15M845.17M290.55M1.21B1.87B2.15B
EBITDA Margin--4517.14%100.00%-109.72%-2.94%9.65%32.08%42.03%39.74%35.82%6.57%7.03%18.65%20.05%24.27%-9.84%11.67%12.02%3.67%20.29%28.91%11.09%36.53%44.43%41.27%
Net Income-27.13M-26.22M-28.04M-16.77M-6.46M3.97M158.35M348.33M640.14M664.20M-39.49M-96.34M350.72M395.96M593.41M-416.11M-165.62M144.33M-114.93M398.36M468.69M-44.17M830.78M1.29B1.53B
Net Income Margin--5351.84%-873.61%-124.03%-13.44%2.94%31.42%27.95%30.98%25.91%-1.43%-2.86%10.60%11.68%14.43%-14.33%-5.63%6.43%-3.75%14.69%16.03%-1.69%25.03%30.72%29.28%
R&D3.77M6.03M-1.24M2.37M6.36M15.11M33.52M78.16M94.80M140.52M132.46M134.30M143.97M130.59M124.76M88.57M84.47M96.61M93.74M99.11M112.80M152.31M191.38M233.42M
R&D as % of Total Revenue-1230.41%-9.17%4.94%4.71%3.00%2.69%3.78%3.70%5.08%3.93%4.06%4.25%3.18%4.30%3.01%3.76%3.15%3.46%3.39%4.31%4.59%4.55%4.47%
Interest Expense0000000509.00K5.26M6.00K100.00K13.89M1.88M1.98M6.97M20.54M25.77M25.92M27.07M24.04M13.11M12.22M12.96M38.87M44.13M
Interest Expense % of Total Revenue-0.00%0.00%0.00%0.00%0.00%0.00%0.04%0.25%0.00%0.00%0.41%0.06%0.06%0.17%0.71%0.88%1.16%0.88%0.89%0.45%0.47%0.39%0.92%0.85%

Balance Sheet

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets9.63M14.38M-41.77M101.88M578.51M1.37B2.11B3.35B4.38B5.78B6.35B6.88B6.72B7.32B6.87B6.86B7.12B7.52B7.11B7.41B8.25B10.37B12.12B13.32B
Total Liabilities27.05M58.01M-19.12M88.75M167.07M274.05M601.46M696.73M925.46M2.13B2.74B2.38B1.70B1.77B1.65B1.77B1.91B2.42B1.59B1.45B2.42B3.68B4.15B3.78B
Total Equity-17.41M-43.63M-22.64M13.13M411.44M1.10B1.51B2.65B3.45B3.64B3.61B4.50B5.03B5.55B5.21B5.10B5.21B5.10B5.52B5.96B5.84B6.69B7.98B9.54B
Cash1.56M2.05M-3.46M16.72M308.09M404.26M716.22M664.50M765.69M605.62M901.29M1.33B1.48B1.13B1.35B2.27B1.40B1.35B1.23B1.45B1.48B1.95B1.62B2.80B
Total Debt23.55M50.00M-13.70M48.72M80.70M108.17M198.47M174.96M237.39M663.65M562.57M223.32M213.47M289.42M214.97M436.94M466.79M595.31M482.27M398.59M234.13M624.39M718.80M498.57M
Net Debt21.99M47.95M-10.23M32.00M-227.40M-296.10M-517.75M-489.54M-528.30M58.03M-338.72M-1.10B-1.27B-837.41M-1.13B-1.83B-936.77M-757.43M-744.73M-1.05B-1.25B-1.32B-902.57M-2.30B

Cash Flow

Currency: USD2001-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-15.42M-15.19M5.04M-576.00K205.95M463.07M675.19M705.49M-33.46M762.21M856.13M680.99M-360.92M206.75M1.34B-326.81M174.20M37.12M237.56M873.37M602.26M1.22B2.06B
Investing Cash Flow-2.85M-7.79M-43.83M-159.99M-547.25M-308.44M-701.69M-742.09M-676.46M-383.73M-537.11M-511.88M-112.14M144.52M-626.80M-682.71M-362.30M-131.23M-99.04M-1.19B-472.79M-1.56B-765.17M
Financing Cash Flow18.88M22.90M51.66M451.55M430.42M177.55M-22.02M150.45M571.22M-89.11M101.16M7.36M137.10M-136.39M192.04M255.23M74.94M-82.59M40.55M309.39M336.85M24.85M-119.23M
Capital Expenditure07.73M42.48M153.15M242.37M459.27M279.94M588.91M731.81M379.23M282.58M257.55M166.44M229.45M514.36M739.84M668.72M416.63M540.29M903.61M1.39B1.53B869.88M
Free Cash Flow-15.42M-22.92M-37.44M-153.73M-36.42M3.80M395.25M116.58M-765.28M382.98M573.55M423.44M-527.36M-22.70M826.32M-1.07B-494.52M-379.51M-302.73M-30.24M-784.51M-308.08M1.19B
Dividends Paid------000000000--------
FCF to OCF100.00%150.93%-742.88%26688.54%-17.68%0.82%58.54%16.52%2286.93%50.25%66.99%62.18%146.12%-10.98%61.63%326.38%-283.88%-1022.40%-127.43%-3.46%-130.26%-25.29%57.71%
Dividend Paid to FCF------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--------

Earnings

Report DateFeb 13, 2007May 3, 2007Jul 31, 2007Nov 7, 2007Feb 13, 2008Apr 30, 2008Jul 30, 2008Oct 29, 2008Feb 24, 2009Apr 29, 2009Jul 30, 2009Oct 28, 2009Feb 18, 2010Apr 28, 2010Jul 29, 2010Oct 28, 2010Feb 24, 2011May 3, 2011Aug 4, 2011Oct 26, 2011Feb 28, 2012May 3, 2012Aug 1, 2012Nov 1, 2012Feb 26, 2013May 6, 2013Aug 6, 2013Oct 31, 2013Feb 25, 2014May 6, 2014Aug 5, 2014Nov 6, 2014Feb 24, 2015Apr 30, 2015Aug 4, 2015Oct 29, 2015Feb 23, 2016Apr 27, 2016Aug 3, 2016Nov 2, 2016Feb 21, 2017May 2, 2017Jul 27, 2017Oct 26, 2017Feb 22, 2018Apr 26, 2018Jul 26, 2018Oct 25, 2018Feb 21, 2019May 2, 2019Aug 1, 2019Oct 24, 2019Feb 20, 2020May 7, 2020Aug 6, 2020Oct 27, 2020Feb 25, 2021Apr 29, 2021Jul 29, 2021Nov 4, 2021Mar 1, 2022Apr 28, 2022Jul 28, 2022Oct 27, 2022Feb 28, 2023Apr 27, 2023Jul 27, 2023Oct 31, 2023Feb 27, 2024May 1, 2024Jul 30, 2024Oct 29, 2024Feb 25, 2025Apr 29, 2025Jul 31, 2025Oct 30, 2025Mar 3, 2026Apr 30, 2026Jul 30, 2026Oct 29, 2026
EPS Estimate-0.07-0.010.020.200.540.490.571.021.301.511.631.711.521.661.601.961.771.170.882.511.530.620.921.071.750.750.571.100.990.520.330.640.76-0.270.251.620.760.960.550.730.97-0.140.040.84-0.31-0.13-0.010.400.64-0.120.011.112.910.290.280.621.240.830.560.601.06-0.43-0.11-0.18-0.160.950.962.043.131.992.663.154.692.472.684.295.152.962.744.64
EPS Actual0.110.070.070.490.770.570.851.201.611.992.111.791.652.001.842.041.801.330.702.251.26-0.081.651.272.040.690.392.280.891.100.040.611.89-0.620.523.381.601.660.871.491.240.250.641.95-0.250.78-0.460.540.49-0.64-0.180.292.010.850.351.451.080.810.780.441.23-0.41-0.40-0.46-0.070.401.892.503.252.203.252.913.651.953.184.244.843.223.92-
Surprise257.14%800.00%250.00%145.00%42.59%16.33%49.12%17.65%23.85%31.79%29.45%4.68%8.55%20.48%15.00%4.08%1.69%13.68%-20.45%-10.36%-17.65%-112.90%79.35%18.69%16.57%-8.00%-31.58%107.27%-10.10%111.54%-87.88%-4.69%148.68%-129.63%108.00%108.64%110.53%72.92%58.18%104.11%27.84%278.57%1500.00%132.14%19.35%700.00%-4500.00%35.00%-23.44%-433.33%-1900.00%-73.87%-30.93%193.10%25.00%133.87%-12.90%-2.41%39.29%-26.67%16.04%4.65%-263.64%-155.56%56.25%-57.89%96.88%22.55%3.83%10.55%22.18%-7.62%-22.11%-21.05%18.66%-1.17%-6.02%8.78%43.07%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursPre-market-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap19.11B
Enterprise Value19.10B
Trailing P/E10.96
Forward P/E8.35
PEG Ratio0.36
Price / Sales3.55
Price / Book2.00
EPS16.22
Book Value96.03
Revenue (TTM)5.38B
Gross Profit (TTM)2.37B
EBITDA2.39B
Profit Margin32.47%
Operating Margin42.64%
Return on Equity18.51%
Return on Assets8.62%
Shares Outstanding107.47M
Shares Float101.65M
Beta1.79
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 36 analystsTarget 274.47
  • Strong Buy
    16
  • Buy
    10
  • Hold
    9
  • Sell
    1

Ownership Breakdown

Institutions
96.74%
Insiders
5.36%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    14.03M13.05%
  • Vanguard Capital Management, LLC
    6.84M6.36%
  • Vanguard Portfolio Management, LLC
    5.64M5.25%
  • State Street Corp
    5.58M5.19%
  • Capital World Investors
    4.11M3.83%
  • Geode Capital Management, LLC
    3.11M2.89%
  • Hill City Capital, LP
    2.63M2.45%
  • Amvescap Plc.
    2.60M2.42%
  • FMR Inc
    2.18M2.03%
  • Morgan Stanley - Brokerage Accounts
    1.79M1.67%
  • Amundi
    1.73M1.61%
  • NORGES BANK
    1.60M1.49%
  • UBS Asset Mgmt Americas Inc
    1.54M1.43%
  • Dimensional Fund Advisors, Inc.
    1.36M1.26%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    3.24M3.02%
  • Vanguard 500 Index Investor
    2.85M2.66%
  • American Funds Growth Fd of Amer A
    2.80M2.61%
  • iShares Core S&P 500 ETF
    1.43M1.33%
  • Fidelity 500 Index
    1.39M1.30%
  • iShares Global Clean Engy Trns ETF $Dist
    1.35M1.25%