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

First Solar (FSLR) posted Current Leases of $9.7 million for Q2 2023, up 3.52% on a QoQ basis from $9.4 million in Q1 2023, and up 2.71% year-over-year from $9.4 million in Q2 2022.

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

First Solar's Current Leases history runs 12 years deep, the most recent figure standing at $9.7 million for 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 was $9.7 million for Q2 2023 at First Solar, up from $9.4 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.
  • 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 slumped 34.34%.
  • First Solar's Current Leases stood at $11.1 million in 2019, then gained by 26.16% to $14.0 million in 2020, then slipped by 8.75% to $12.8 million in 2021, then fell by 28.07% to $9.2 million in 2022, then climbed by 5.44% to $9.7 million in 2023.
  • Business Quant data shows FSLR's Current Leases at $9.7 million in Q2 2023, $9.4 million in Q1 2023, and $9.2 million in Q4 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn -
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn -
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 17.49 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 23.92 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 26.78 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 187,000.00
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 3.27 Mn

Historic Data

Download Data
DateValue
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