Equities
  • Price (USD)175.04
  • Today's Change0.75 / 0.43%
  • Shares traded3.26m
  • 1 Year change-19.78%
  • Beta1.3670
Data delayed at least 15 minutes, as of Apr 19 2024 21:00 BST.
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About the company

First Solar, Inc. is a solar technology company and global provider of photovoltaic cells (PV) solar energy solutions. The Company manufactures and sells PV solar modules with a semiconductor technology, which provides an alternative to conventional crystalline silicon PV solar modules. The Company operates through two segments: Modules Business and Other. Its Modules Business segment is involved in the designing, manufacturing, and selling of CdTe solar modules, which convert sunlight into electricity. Third-party customers of the modules business segment include developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The Company's products include the Series 7 Module and Series 6 Plus module. The Company has its manufacturing locations in Malaysia, the United States and Vietnam. Its subsidiaries include First Solar Development, LLC, First Solar FE Holdings Pte. Ltd., and First Solar Malaysia Sdn. Bhd.

  • Revenue in USD (TTM)3.32bn
  • Net income in USD830.78m
  • Incorporated2003
  • Employees6.70k
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
FSLR:NSQ since
announced
Transaction
value
Peloton Interactive Inc-Peloton Output Park FacilityDeal completed18 Jan 202418 Jan 2024Deal completed18.86%33.00m
Evolar ABAnnounced12 May 202312 May 2023Announced-4.45%80.00m
Data delayed at least 15 minutes, as of Apr 19 2024 21:00 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Lattice Semiconductor Corp737.15m259.06m9.45bn1.16k37.0413.6332.1912.821.851.855.275.040.89922.136.80637,676.5031.6017.6036.6220.4669.8265.0335.1422.932.76--0.000.0011.6313.0744.82--19.11--
Enphase Energy Inc2.29bn438.94m14.85bn3.16k35.9915.0628.906.483.033.0316.007.250.70846.784.78725,621.2013.5714.2916.5718.8146.2042.6219.1617.254.19--0.56810.00-1.7248.6010.46--92.74--
Jabil Inc32.09bn1.51bn15.63bn236.00k11.125.976.870.487111.6511.65242.8521.711.755.157.44135,961.908.233.5823.7310.348.947.924.701.900.71558.000.51998.463.669.45-17.8729.04-0.12870.00
Skyworks Solutions Inc4.64bn904.70m15.64bn9.75k17.322.5110.713.375.635.6328.9338.870.54082.386.53476,369.2010.5315.9611.8017.7243.5747.4619.4824.583.5119.350.137631.29-13.004.29-22.93-3.28-11.3413.64
Astera Labs Inc-100.00bn-100.00bn17.47bn267.00------------------------------------------------44.97--55.00------
First Solar Inc3.32bn830.78m18.66bn6.70k22.542.7816.315.627.737.7330.9162.590.35652.806.53495,313.708.933.9510.214.5339.1923.1525.0310.532.92--0.07730.0026.708.141,981.0344.0513.39--
Globalfoundries Inc7.39bn1.02bn25.94bn14.00k25.562.3410.513.511.831.8313.2920.070.4123.745.09--5.67--6.94--28.4212.5513.77-1.561.56--0.1754---8.833.59-29.56------
ON Semiconductor Corp8.25bn2.18bn27.05bn30.00k12.873.459.683.284.894.8918.4718.250.65522.349.29275,100.0017.3511.3120.9013.8547.0642.1326.4816.281.74--0.3010.00-0.87927.0214.8030.4025.27--
Data as of Apr 19 2024. Currency figures normalised to First Solar Inc's reporting currency: US Dollar USD

Institutional shareholders

37.90%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 31 Dec 202311.71m10.96%
BlackRock Fund Advisorsas of 31 Dec 20237.03m6.58%
SSgA Funds Management, Inc.as of 31 Dec 20234.77m4.46%
Capital Research & Management Co. (Global Investors)as of 31 Dec 20232.94m2.75%
BlackRock Advisors (UK) Ltd.as of 31 Dec 20232.75m2.57%
Invesco Capital Management LLCas of 31 Dec 20232.45m2.29%
Geode Capital Management LLCas of 31 Dec 20232.43m2.28%
Fidelity Management & Research Co. LLCas of 31 Dec 20232.34m2.19%
Schroder Investment Management Ltd.as of 31 Dec 20232.17m2.03%
Wellington Management Co. LLPas of 31 Dec 20231.92m1.80%
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Data from 31 Dec 2023 - 31 Dec 2023Source: FactSet Research Systems Inc.
Data Provided by LSEG
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