First Solar (FSLR) Current Leases (2010 - 2023)
First Solar's (FSLR) quarterly Current Leases came in at $9.7 million in Q2 2023, up 2.71% YoY from $9.4 million in Q2 2022, and up 3.52% on a QoQ basis from $9.4 million in Q1 2023.
First Solar (FSLR) Current Leases (2010 - 2023) Analysis & Trends
First Solar (FSLR) has 12 years of Current Leases data on file, last reported at $9.7 million in Q2 2023.
- Quarterly Current Leases rose 2.71% year-over-year to $9.7 million in Q2 2023, while the trailing twelve-month figure through Jun 2023 was $9.7 million (up 2.71% YoY) and the FY2022 annual result came in at $9.2 million, down 28.07% from the prior year.
- Current Leases improved to $9.7 million in Q2 2023, from $9.4 million in the prior quarter.
- In the past five years, Current Leases ranged from a high of $17.0 million in Q1 2021 to a low of $8.9 million in Q3 2022.
- A 5-year average of $12.1 million and a median of $12.3 million in 2019 frame the typical range for Current Leases.
- Annual changes were most pronounced in 2021 — Current Leases soared 43.61% — and 2022, when it tumbled 34.34%.
- Tracing FSLR's Current Leases over 5 years: 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 5.44% to $9.7 million in 2023.
- The last three Current Leases figures came in at $9.7 million (Q2 2023), $9.4 million (Q1 2023), and $9.2 million (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.11 Bn | 21.38 Bn | 605.00 Mn | - |
| 2 | Nextpower | 13.30 Bn | 12.08 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.16 Bn | 4.22 Bn | 175.01 Mn | - |
| 4 | Sunrun | 2.25 Bn | 2.25 Bn | 527.54 Mn | 23.16 Mn |
| 5 | Solaredge Technologies | 1.92 Bn | 1.34 Bn | 95.15 Mn | - |
| 6 | Shoals Technologies | 1.22 Bn | 1.21 Bn | 49.53 Mn | - |
| 7 | Canadian Solar | 1.00 Bn | -585.51 Mn | 124.40 Mn | 26.78 Mn |
| 8 | JinkoSolar Holding | 850.49 Mn | -2.46 Bn | 147.66 Mn | 17.49 Mn |
| 9 | Array Technologies | 728.32 Mn | 421.02 Mn | 99.60 Mn | 506,000.00 |
| 10 | Toyo | 175.58 Mn | 98.94 Mn | 47.76 Mn | 3.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 9.69 Mn |
| 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 |