First Solar (FSLR) Current Leases (2010 - 2023)
First Solar posted quarterly Current Leases of $9.4 million for Q1 2023, down 27.05% year-on-year from $12.8 million in Q1 2022, and up 1.85% on a QoQ basis from $9.2 million in Q4 2022.
First Solar (FSLR) has 12 years of Current Leases data on file, last reported 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.
- Across five years, Current Leases topped out at $17.0 million in Q1 2021 and bottomed at $8.9 million in Q3 2022.
- The 5-year median for Current Leases is $12.7 million (2019), against an average of $12.2 million.
- The widest annual swing landed in 2021, when Current Leases soared 43.61%; it then sank 34.34% in 2022.
- A 5-year view of Current Leases shows it stood at $11.1 million in 2019, then rose by 26.16% to $14.0 million in 2020, then decreased by 8.75% to $12.8 million in 2021, then declined by 28.07% to $9.2 million in 2022, then advanced 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn | - |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 26.78 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | - |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 23.92 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | - |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 187,000.00 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 17.49 Mn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 865,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2013 | 362,000.00 |
| Dec 31, 2012 | 344,000.00 |
| Dec 31, 2011 | 379,000.00 |
| Dec 31, 2010 | -213,000.00 |