Trending News

More News >

Education

Personal Finance How To Use TipRanks TipRanks Labs Glossary FAQs

About Us

About TipRanks Contact Us Reviews Mobile APP

Working with TipRanks

Enterprise Solutions Advertise with Us Top Online Brokers Become an Affiliate TipRanks News Wire

TOOLS

Technical Analysis Screener

Top Analyst Stocks

Popular

Top Smart Score Stocks

Popular

AI Analyst Top Stocks

Daily Analyst Ratings

Daily Insiders Trades

Dividend Stocks

ETF Center

Top Gainers/losers/active ETFs

Trump Dashboard

New

Dividend Calculator

Options Profit Calculator

Dollar Cost Averaging

Compound Interest Calculator

Mortgage Calculator

Auto Loan Calculator

Student Loan Calculator

401k Retirement Calculator

Best High Yield Dividend Stocks

Dividend Aristocrats

Dividend Stock Comparison

New

Dividend Calculator

Dividend Returns Comparison

Dividend Calendar

Top Analysts

Top Financial Bloggers

Top-Performing Corporate Insiders

Top Hedge Fund Managers

Top Research Firms

Top Individual Investors

Personal Finance Center

Mortgages

Loans

Investing & Retirement

Education

About Us

Working with TipRanks

STOCKS

First Solar (FSLR)

NASDAQ:FSLR

FSLR

First Solar

RESEARCH TOOLSreports

First Solar (FSLR) Ratios

Compare

7,309 Followers

First Solar Ratios

FSLR's free cash flow for Q3 2025 was $0.38. For the 2025 fiscal year, FSLR's free cash flow was decreased by $ and operating cash flow was $0.30. See a summary of the company’s cash flow.

Ratios	TTM	Dec 24	Dec 23	Dec 22	Dec 21
Liquidity Ratios
Current Ratio	1.91	2.45	3.55	3.65	4.39
Quick Ratio	1.55	1.80	2.92	3.05	3.47
Cash Ratio	0.64	0.78	1.49	1.43	2.00
Solvency Ratio	0.43	0.41	0.31	0.09	0.50
Operating Cash Flow Ratio	0.53	0.59	0.46	0.84	0.33
Short-Term Operating Cash Flow Coverage	3.35	5.15	6.26	0.00	60.98
Net Current Asset Value	$ 1.46B	$ 942.25M	$ 957.15M	$ 1.38B	$ 1.74B
Leverage Ratios
Debt-to-Assets Ratio	0.07	0.06	0.06	0.02	0.03
Debt-to-Equity Ratio	0.10	0.09	0.09	0.03	0.04
Debt-to-Capital Ratio	0.09	0.08	0.09	0.03	0.04
Long-Term Debt-to-Capital Ratio	0.03	0.04	0.06	0.03	0.04
Financial Leverage Ratio	1.49	1.52	1.55	1.41	1.24
Debt Service Coverage Ratio	3.70	6.37	10.55	-0.49	35.05
Interest Coverage Ratio	34.44	35.87	66.12	-17.69	14.20
Debt to Market Cap	0.03	0.03	0.03	0.01	0.03
Interest Debt Per Share	8.72	7.08	5.97	1.93	2.38
Net Debt to EBITDA	-0.54	-0.48	-1.09	-27.53	-1.73
Profitability Margins
Gross Profit Margin	40.05%	44.17%	39.19%	2.67%	24.97%
EBIT Margin	30.09%	34.36%	27.25%	0.79%	20.02%
EBITDA Margin	40.25%	44.43%	36.53%	1.79%	23.92%
Operating Profit Margin	29.81%	33.15%	25.83%	-8.26%	6.36%
Pretax Profit Margin	29.22%	33.43%	26.86%	0.33%	19.57%
Net Profit Margin	27.73%	30.72%	25.03%	-1.69%	16.03%
Continuous Operations Profit Margin	27.73%	30.72%	25.03%	-1.69%	16.03%
Net Income Per EBT	94.89%	91.87%	93.21%	-513.68%	81.92%
EBT Per EBIT	98.02%	100.85%	103.97%	-3.98%	307.51%
Return on Assets (ROA)	10.41%	10.66%	8.02%	-0.54%	6.32%
Return on Equity (ROE)	16.61%	16.20%	12.42%	-0.76%	7.86%
Return on Capital Employed (ROCE)	14.52%	13.88%	9.46%	-3.00%	2.78%
Return on Invested Capital (ROIC)	13.16%	12.44%	8.72%	15.38%	2.27%
Return on Tangible Assets	10.47%	10.73%	8.09%	-0.54%	6.37%
Earnings Yield	5.37%	6.85%	4.52%	-0.28%	5.06%
Efficiency Ratios
Receivables Turnover	2.24	2.33	2.36	7.38	6.43
Payables Turnover	10.64	4.87	9.74	7.47	11.34
Inventory Turnover	2.75	1.74	2.46	4.10	3.29
Fixed Asset Turnover	0.88	0.76	0.74	0.74	1.02
Asset Turnover	0.38	0.35	0.32	0.32	0.39
Working Capital Turnover Ratio	1.88	1.33	1.09	1.00	1.26
Cash Conversion Cycle	261.20	291.59	265.65	89.55	135.47
Days of Sales Outstanding	162.80	156.95	154.82	49.47	56.77
Days of Inventory Outstanding	132.70	209.59	148.30	88.96	110.88
Days of Payables Outstanding	34.30	74.94	37.47	48.88	32.18
Operating Cycle	295.50	366.54	303.12	138.43	167.65
Cash Flow Ratios
Operating Cash Flow Per Share	15.16	11.38	5.64	8.20	2.24
Free Cash Flow Per Share	5.73	-2.88	-7.35	-0.28	-2.85
CapEx Per Share	9.43	14.26	12.99	8.48	5.08
Free Cash Flow to Operating Cash Flow	0.38	-0.25	-1.30	-0.03	-1.27
Dividend Paid and CapEx Coverage Ratio	1.61	0.80	0.43	0.97	0.44
Capital Expenditure Coverage Ratio	1.61	0.80	0.43	0.97	0.44
Operating Cash Flow Coverage Ratio	1.82	1.69	0.96	4.51	0.99
Operating Cash Flow to Sales Ratio	0.32	0.29	0.18	0.33	0.08
Free Cash Flow Yield	2.36%	-1.63%	-4.26%	-0.19%	-3.27%
Valuation Ratios
Price-to-Earnings (P/E) Ratio	18.61	14.60	22.15	-361.37	19.76
Price-to-Sales (P/S) Ratio	5.16	4.48	5.54	6.09	3.17
Price-to-Book (P/B) Ratio	2.89	2.36	2.75	2.73	1.55
Price-to-Free Cash Flow (P/FCF) Ratio	42.43	-61.22	-23.45	-527.86	-30.59
Price-to-Operating Cash Flow Ratio	16.03	15.48	30.55	18.27	38.99
Price-to-Earnings Growth (PEG) Ratio	1.64	0.26	-0.01	3.31	1.14
Price-to-Fair Value	2.89	2.36	2.75	2.73	1.55
Enterprise Value Multiple	12.29	9.61	14.09	313.67	11.51
Enterprise Value	24.97B	17.96B	17.08B	14.67B	8.05B
EV to EBITDA	12.29	9.61	14.09	313.67	11.51
EV to Sales	4.94	4.27	5.15	5.60	2.75
EV to Free Cash Flow	40.64	-58.29	-21.77	-485.27	-26.59
EV to Operating Cash Flow	15.36	14.74	28.35	16.80	33.89
Tangible Book Value Per Share	83.28	73.77	61.74	54.34	55.52
Shareholders’ Equity Per Share	84.05	74.55	62.62	54.77	56.08
Tax and Other Ratios
Effective Tax Rate	0.05	0.08	0.07	6.14	0.18
Revenue Per Share	47.09	39.31	31.07	24.58	27.51
Net Income Per Share	13.06	12.07	7.78	-0.41	4.41
Tax Burden	0.95	0.92	0.93	-5.14	0.82
Interest Burden	0.97	0.97	0.99	0.41	0.98
Research & Development to Revenue	0.04	0.05	0.05	0.04	0.03
SG&A to Revenue	0.00	0.00	0.00	0.00	0.00
Stock-Based Compensation to Revenue	<0.01	<0.01	0.01	0.01	<0.01
Income Quality	1.16	0.94	0.72	-19.77	0.51

Currency in USD