Top line decelerating.
+24.1% YoY versus +26.7% prior. 3y CAGR +25.8%.
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Energy · Market Cap: $28.7B
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Fundamentals as of 2025-12-31
All analysis on this page is for educational purposes only and does not constitute financial advice. Fair values are model-based estimates. Always do your own research.
The Question
Yes — First Solar, Inc.'s 16.0% ROE ranks above the S&P 500 median, and D/E 0.40 stays within healthy bounds.
Financial story
Yes — First Solar, Inc.'s 16.0% ROE shows strong capital efficiency, and its 0.40 debt-to-equity stays within healthy bounds.
Bottom line: FSLR currently has no legendary investor models qualifying — see /stock/FSLR/valuation for the per-model breakdown, but earns a B sector grade (71/100) in Energy. Use the per-tab analysis to form your own view. Drill into the valuation breakdown and sector ranking for the full picture.
How does FSLR compare?
+24.1% YoY versus +26.7% prior. 3y CAGR +25.8%.
+24.1%Net margin 29.3% versus 30.7% prior (−1.4pp). Operating 30.6%.
29.3%P/E 18.0x — 6% below the 5y median of 19.2x. Forward 15.8x hints at EPS expansion next year.
18.0xFSLR trades at 13.8x earnings. Sector context and per-investor signals are in the valuation tab.
FSLR and FTI differ on P/E, ROE, and revenue growth. See the full FSLR vs FTI compare matrix.
Investor verdicts for FSLR are listed in the valuation tab. Per-model fair value and reasoning are in the valuation tab.
FSLR's P/E ratio is 13.8x. 5-year P/E history is in the financials tab.
Investor verdicts vary by methodology. Full breakdown by investor and signal is in the valuation tab.
FSLR's earnings calendar and history are tracked in the financials tab. Specific dates depend on company-published guidance.
See exactly where FSLR ranks
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Sign in to see the rankingFSLR sits at #1 in Energy with a B grade (71/100).