First Solar, Inc.

First Solar, Inc.verified

FSLR

Price:

$208.65

Market Cap:

$22.34B

First Solar, Inc. provides photovoltaic (PV) solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. The company designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. 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 Tempe, Arizona.[Read more]

Industry

Solar

IPO Date

2006-11-17

Stock Exchange

NASDAQ

Ticker

FSLR

The ROE as of September 2024 (TTM) for First Solar, Inc. (FSLR) is 17.73%

According to First Solar, Inc.’s latest financial reports and current stock price. The company's current ROE is 17.73%. This represents a change of 300.23% compared to the average of 4.43% of the last 4 quarters.

First Solar, Inc. (FSLR) Historical ROE (quarterly & annually)

How has FSLR ROE performed in the past?

The mean historical ROE of First Solar, Inc. over the last ten years is 3.49%. The current 17.73% ROE has changed 408.24% with respect to the historical average. Over the past ten years (40 quarters), FSLR's ROE was at its highest in in the September 2015 quarter at 6.39%. The ROE was at its lowest in in the December 2016 quarter at -13.81%.

Quarterly (TTM)
Annual

Average

3.49%

Median

4.99%

Minimum

-6.87%

Maximum

12.42%

First Solar, Inc. (FSLR) ROE by Quarter and Year

Discovering the peaks and valleys of First Solar, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 24.74%

Maximum Annual ROE = 12.42%

Minimum Annual Increase = -1741.55%

Minimum Annual ROE = -6.87%

Quarterly (TTM)
Annual
YearROEChange
202312.42%-1741.55%
2022-0.76%-109.62%
20217.86%9.00%
20207.22%-420.76%
2019-2.25%-181.24%
20182.77%-185.24%
2017-3.25%-52.70%
2016-6.87%-169.73%
20159.85%24.74%
20147.89%0.70%

First Solar, Inc. (FSLR) Average ROE

How has FSLR ROE performed in the past?

The current ROE of First Solar, Inc. (FSLR) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

6.51%

5-year avg

4.90%

10-year avg

3.49%

First Solar, Inc. (FSLR) ROE vs. Peers

How is FSLR’s ROE compared to its peers?

First Solar, Inc.’s ROE is less than Enphase Energy, Inc. (13.62%), greater than Sunrun Inc. (-25.59%), less than Canadian Solar Inc. (1.43%), greater than SunPower Corporation (-55.85%), greater than SolarEdge Technologies, Inc. (-22.13%), less than JinkoSolar Holding Co., Ltd. (9.11%), greater than Sunnova Energy International Inc. (-22.00%), greater than Maxeon Solar Technologies, Ltd. (-2116.93%),

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