First Solar (FSLR) Current Leases (2010 - 2023)

First Solar (FSLR) reported Current Leases of $9.4 million for Q1 2023, down 27.05% on a YoY basis from $12.8 million in Q1 2022, and up 1.85% quarter-over-quarter from $9.2 million in Q4 2022.

First Solar (FSLR) Current Leases (2010 - 2023) Analysis & Trends

First Solar has reported Current Leases for 12 years, with the latest figure at $9.4 million in Q1 2023.

  • For the quarter ending Q1 2023, Current Leases fell 27.05% year-over-year to $9.4 million; the trailing twelve-month figure through Mar 2023 stood at $9.4 million (down 27.05% YoY), and the FY2022 full-year result was $9.2 million, down 28.07% from the prior year.
  • Current Leases for Q1 2023 stood at $9.4 million, up from $9.2 million in the prior quarter.
  • The five-year high for Current Leases was $17.0 million in Q1 2021, with the low at $8.9 million in Q3 2022.
  • Historically, Current Leases has averaged $12.2 million across 5 years, with a median of $12.7 million in 2019.
  • Annual changes were most pronounced in 2021 — Current Leases soared 43.61% — and 2022, when it tumbled 34.34%.
  • First Solar's Current Leases stood at $11.1 million in 2019, then increased by 26.16% to $14.0 million in 2020, then retreated by 8.75% to $12.8 million in 2021, then dropped by 28.07% to $9.2 million in 2022, then gained by 1.85% to $9.4 million in 2023.
  • The last three Current Leases figures came in at $9.4 million (Q1 2023), $9.2 million (Q4 2022), and $8.9 million (Q3 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn -
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn -
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 23.92 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn -
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 187,000.00
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 17.49 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 865,000.00
10 Skycorp Solar 110.38 Mn 103.60 Mn - 386,590.00

Historic Data

Download Data
DateValue
Mar 31, 2023 9.36 Mn
Dec 31, 2022 9.19 Mn
Sep 30, 2022 8.91 Mn
Jun 30, 2022 9.44 Mn
Mar 31, 2022 12.83 Mn
Dec 31, 2021 12.78 Mn
Sep 30, 2021 13.57 Mn
Jun 30, 2021 13.22 Mn
Mar 31, 2021 16.98 Mn
Dec 31, 2020 14.01 Mn
Sep 30, 2020 14.51 Mn
Jun 30, 2020 14.45 Mn
Mar 31, 2020 11.82 Mn
Dec 31, 2019 11.10 Mn
Sep 30, 2019 11.22 Mn
Jun 30, 2019 11.53 Mn
Mar 31, 2019 12.74 Mn
Dec 31, 2016 355,000.00
Dec 31, 2015 374,000.00
Dec 31, 2014 372,000.00