first solar inc. - FSLR
FSLR
Close Chg Chg %
195.56 -8.20 -4.19%
Closed Market
187.36
-8.20 (4.19%)
Volume: 2.28M
Last Updated:
Nov 19, 2024, 4:00 PM EDT
Company Overview: first solar inc. - FSLR
FSLR Key Data
| Open $192.82 | Day Range 187.18 - 195.93 |
| 52 Week Range 135.88 - 306.77 | Market Cap $20.94B |
| Shares Outstanding 107.06M | Public Float 101.34M |
| Beta 1.48 | Rev. Per Employee N/A |
| P/E Ratio 16.85 | EPS $11.67 |
| Yield 0.00% | Dividend N/A |
| EX-DIVIDEND DATE | SHORT INTEREST N/A |
| AVERAGE VOLUME 4.03M |
FSLR Performance
| 1 Week | -1.62% | ||
| 1 Month | -6.58% | ||
| 3 Months | -18.91% | ||
| 1 Year | 20.86% | ||
| 5 Years | 244.54% |
FSLR Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
39
Full Ratings ➔
About first solar inc. - FSLR
First Solar, Inc. is a solar technology company, which engages in the provision of solar modules. It is involved in the design, manufacture, and sale of cadmium tellurid (CdTe) solar modules, which convert sunlight into electricity. The company was founded by Michael J. Ahearn in 1999 and is headquartered in Tempe, AZ.
FSLR At a Glance
First Solar, Inc.
350 West Washington Street
Tempe, Arizona 85288
| Phone | 1-602-414-9300 | Revenue | 3.32B | |
| Industry | Semiconductors | Net Income | 830.78M | |
| Sector | Electronic Technology | 2023 Sales Growth | 26.697% | |
| Fiscal Year-end | 12 / 2024 | Employees | 6,700 | |
| View SEC Filings |
FSLR Valuation
| P/E Current | 16.846 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 22.266 |
| Price to Sales Ratio | 5.574 |
| Price to Book Ratio | 2.753 |
| Price to Cash Flow Ratio | 30.714 |
| Enterprise Value to EBITDA | 13.589 |
| Enterprise Value to Sales | 5.126 |
| Total Debt to Enterprise Value | 0.037 |
FSLR Efficiency
| Revenue/Employee | 495,313.731 |
| Income Per Employee | 123,996.567 |
| Receivables Turnover | 2.358 |
| Total Asset Turnover | 0.357 |
FSLR Liquidity
| Current Ratio | 3.548 |
| Quick Ratio | 2.921 |
| Cash Ratio | 1.616 |
FSLR Profitability
| Gross Margin | 38.987 |
| Operating Margin | 28.442 |
| Pretax Margin | 26.857 |
| Net Margin | 25.034 |
| Return on Assets | 8.925 |
| Return on Equity | 13.267 |
| Return on Total Capital | 11.362 |
| Return on Invested Capital | 12.525 |
FSLR Capital Structure
| Total Debt to Total Equity | 9.337 |
| Total Debt to Total Capital | 8.539 |
| Total Debt to Total Assets | 6.024 |
| Long-Term Debt to Equity | 7.743 |
| Long-Term Debt to Total Capital | 7.082 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for First Solar Inc. - FSLR
Collapse All in section
| All values USD millions. | 2020 | 2021 | 2022 | 2023 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 2.71B | 2.92B | 2.62B | 3.32B | |
Sales Growth
| -11.48% | +7.82% | -10.40% | +26.70% | |
Cost of Goods Sold (COGS) incl D&A
| 2.03B | 2.19B | 2.49B | 2.02B | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 232.93M | 259.90M | 269.72M | 307.99M | |
Depreciation
| 222.13M | 249.00M | 258.82M | 297.49M | |
Amortization of Intangibles
| 10.80M | 10.90M | 10.90M | 10.50M | |
COGS Growth
| -19.28% | +8.06% | +13.63% | -18.78% | |
Gross Income
| 681.04M | 729.53M | 126.36M | 1.29B | |
Gross Income Growth
| +24.35% | +7.12% | -82.68% | +923.88% | |
Gross Profit Margin
| +25.12% | +24.96% | +4.82% | +38.99% |
| 2020 | 2021 | 2022 | 2023 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 316.66M | 269.44M | 277.53M | 349.93M | |
Research & Development
| 93.74M | 99.11M | 112.80M | 152.31M | |
Other SG&A
| 222.92M | 170.32M | 164.72M | 197.62M | |
SGA Growth
| +4.82% | -14.91% | +3.00% | +26.09% | |
Other Operating Expense
| - | - | - | - | - |
Unusual Expense
| 18.38M | (13.79M) | (50.02M) | 37.28M | |
EBIT after Unusual Expense
| 346.01M | 473.89M | (101.15M) | 906.60M | |
Non Operating Income/Expense
| (36.04M) | 111.06M | 121.97M | (2.34M) | |
Non-Operating Interest Income
| 16.56M | 6.18M | 33.28M | 97.67M | |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| 16.78M | 12.79M | 12.22M | 12.96M | |
Interest Expense Growth
| -9.48% | -23.75% | -4.43% | +6.05% | |
Gross Interest Expense
| 18.57M | 12.79M | 12.22M | 12.96M | |
Interest Capitalized
| - | - | - | 1.80M | - |
Pretax Income
| 293.19M | 572.16M | 8.60M | 891.29M | |
Pretax Income Growth
| +344.06% | +95.15% | -98.50% | +10,266.25% | |
Pretax Margin
| +10.81% | +19.57% | +0.33% | +26.86% | |
Income Tax
| (107.29M) | 103.47M | 52.76M | 60.51M | |
Income Tax - Current - Domestic
| (145.13M) | 13.00M | 8.83M | 52.98M | |
Income Tax - Current - Foreign
| 26.30M | 10.11M | 49.98M | 20.77M | |
Income Tax - Deferred - Domestic
| 20.27M | 62.28M | (14.63M) | (24.80M) | |
Income Tax - Deferred - Foreign
| (8.73M) | 18.07M | 8.57M | 11.57M | |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 398.36M | 468.69M | (44.17M) | 830.78M | |
Minority Interest Expense
| - | - | - | - | - |
Net Income
| 398.36M | 468.69M | (44.17M) | 830.78M | |
Net Income Growth
| +446.60% | +17.66% | -109.42% | +1,981.03% | |
Net Margin Growth
| +14.69% | +16.03% | -1.69% | +25.03% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 398.36M | 468.69M | (44.17M) | 830.78M | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| 398.36M | 468.69M | (44.17M) | 830.78M | |
EPS (Basic)
| 3.7628 | 4.4107 | -0.4145 | 7.7792 | |
EPS (Basic) Growth
| +444.77% | +17.22% | -109.40% | +1,976.77% | |
Basic Shares Outstanding
| 105.87M | 106.26M | 106.55M | 106.80M | |
EPS (Diluted)
| 3.7339 | 4.3834 | -0.4145 | 7.7374 | |
EPS (Diluted) Growth
| +442.12% | +17.39% | -109.46% | +1,966.68% | |
Diluted Shares Outstanding
| 106.69M | 106.92M | 106.55M | 107.37M | |
EBITDA
| 597.31M | 720.00M | 118.56M | 1.25B | |
EBITDA Growth
| +32.47% | +20.54% | -83.53% | +955.91% | |
EBITDA Margin
| +22.03% | +24.63% | +4.53% | +37.72% |
Snapshot
| Average Recommendation | OVERWEIGHT | Average Target Price | 281.321 | |
| Number of Ratings | 39 | Current Quarters Estimate | 4.815 | |
| FY Report Date | 12 / 2024 | Current Year's Estimate | 13.232 | |
| Last Quarter’s Earnings | 2.91 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 7.74 | Next Fiscal Year Estimate | 20.548 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 28 | 24 | 30 | 31 |
| Mean Estimate | 4.82 | 4.13 | 13.23 | 20.55 |
| High Estimates | 5.23 | 6.06 | 13.80 | 24.52 |
| Low Estimate | 4.41 | 2.55 | 13.02 | 15.05 |
| Coefficient of Variance | 3.67 | 18.76 | 1.33 | 10.00 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 26 | 28 | 24 |
| OVERWEIGHT | 4 | 6 | 6 |
| HOLD | 9 | 7 | 9 |
| UNDERWEIGHT | 0 | 0 | 0 |
| SELL | 0 | 0 | 0 |
| MEAN | Overweight | Buy | Overweight |
SEC Filings for First Solar Inc. - FSLR
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for First Solar Inc. - FSLR
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| Jun 5, 2024 | Mark R. Widmar Chief Executive Officer; Director | 81,861 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $273.26 per share | 22,369,336.86 |
| Jun 5, 2024 | Jason E. Dymbort General Counsel and Secretary | 13,351 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $273.26 per share | 3,648,294.26 |
| May 24, 2024 | Paul H. Stebbins Director | 20,817 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $250.35 per share | 5,211,535.95 |
| May 24, 2024 | Richard D. Chapman Director | 10,440 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $248.95 per share | 2,599,038.00 |
| May 23, 2024 | Caroline Stockdale Chief People and Comm. Officer | 22,025 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $205 per share | 4,515,125.00 |
| May 14, 2024 | Richard D. Chapman Director | 17,704 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $190.9 per share | 3,379,693.60 |
| May 14, 2024 | Richard D. Chapman Director | 1,045 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $190.49 per share | 199,062.05 |
| May 8, 2024 | R. Craig Kennedy Director | 13,908 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $196.83 per share | 2,737,511.64 |
| May 8, 2024 | R. Craig Kennedy Director | 14,708 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $196.66 per share | 2,892,475.28 |
| Apr 8, 2024 | Georges J. Antoun Chief Commercial Officer | 37,412 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $176 per share | 6,584,512.00 |
| Apr 8, 2024 | Markus Gloeckler Chief Technology Officer | 12,536 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $175 per share | 2,193,800.00 |
| Mar 21, 2024 | Kuntal Kumar Verma Chief Manufacturing Officer | 5,170 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $148.34 per share | 766,917.80 |
| Mar 20, 2024 | Georges J. Antoun Chief Commercial Officer | 42,568 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $147.42 per share | 6,275,374.56 |
| Mar 20, 2024 | Caroline Stockdale Chief People and Comm. Officer | 34,431 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $147.42 per share | 5,075,818.02 |
| Mar 20, 2024 | Caroline Stockdale Chief People and Comm. Officer | 2,401 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 20, 2024 | Mark R. Widmar Chief Executive Officer; Director | 14,568 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 20, 2024 | Mike Koralewski Chief Supply Chain Officer | 1,920 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 20, 2024 | Georges J. Antoun Chief Commercial Officer | 1,761 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 20, 2024 | Mike Koralewski Chief Supply Chain Officer | 12,412 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $147.42 per share | 1,829,777.04 |
| Mar 20, 2024 | Jason E. Dymbort General Counsel and Secretary | 15,659 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $147.42 per share | 2,308,449.78 |
First Solar Inc. in the News
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