Growth Metrics

First Solar (FSLR) Asset Utilization Ratio (2016 - 2025)

First Solar (FSLR) has disclosed Asset Utilization Ratio for 13 consecutive years, with 0.36 as the latest value for Q4 2024.

  • For the quarter ending Q4 2024, Asset Utilization Ratio rose 7.31% year-over-year to 0.36, compared with a TTM value of 0.36 through Dec 2024, up 7.31%, and an annual FY2024 reading of 0.37, up 4.92% over the prior year.
  • Asset Utilization Ratio was 0.36 for Q4 2024 at First Solar, up from 0.34 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.45 in Q2 2020 and bottomed at 0.33 in Q4 2023.
  • Average Asset Utilization Ratio over 4 years is 0.38, with a median of 0.38 recorded in 2021.
  • The sharpest move saw Asset Utilization Ratio dropped 7.07% in 2021, then rose 7.31% in 2024.
  • Year by year, Asset Utilization Ratio stood at 0.45 in 2020, then dropped by 10.54% to 0.4 in 2021, then decreased by 16.45% to 0.33 in 2023, then grew by 7.31% to 0.36 in 2024.
  • Business Quant data shows Asset Utilization Ratio for FSLR at 0.36 in Q4 2024, 0.34 in Q1 2024, and 0.33 in Q4 2023.