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| 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 |