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| 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 |