first solar inc. - FSLR

FSLR

Close Chg Chg %
196.32 3.35 1.71%

Closed Market

199.67

+3.35 (1.71%)

Volume: 1.41M

Last Updated:

Dec 13, 2024, 4:00 PM EDT

Company Overview: first solar inc. - FSLR

FSLR Key Data

Open

$197.50

Day Range

195.48 - 201.72

52 Week Range

135.88 - 306.77

Market Cap

$21.02B

Shares Outstanding

107.06M

Public Float

99.72M

Beta

1.46

Rev. Per Employee

N/A

P/E Ratio

16.91

EPS

$11.67

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

2.43M

 

FSLR Performance

1 Week
 
1.10%
 
1 Month
 
3.08%
 
3 Months
 
-14.19%
 
1 Year
 
16.39%
 
5 Years
 
257.08%
 

FSLR Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 40
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 16.912
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 281.286
Number of Ratings 40 Current Quarters Estimate 4.836
FY Report Date 12 / 2024 Current Year's Estimate 13.23
Last Quarter’s Earnings 2.91 Median PE on CY Estimate N/A
Year Ago Earnings 7.74 Next Fiscal Year Estimate 20.584
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 4.84 4.13 13.23 20.58
High Estimates 5.25 6.06 13.61 24.52
Low Estimate 4.41 2.55 13.02 15.05
Coefficient of Variance 3.97 18.76 1.18 10.16

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 27 26 26
OVERWEIGHT 4 4 5
HOLD 9 8 7
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

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

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