First Solar (FSLR) Debt Ratio (2009 - 2026)

First Solar's Debt Ratio history runs 16 years deep, the most recent figure standing at 0.03 for Q1 2026.

• Quarterly Debt Ratio fell 26.42% year-over-year to 0.03 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.03 (down 26.42% YoY) and the FY2025 annual result came in at 0.04, down 25.58% from the prior year.
• Debt Ratio was 0.03 for Q1 2026 at First Solar, down from 0.04 in the prior quarter.
• Across five years, Debt Ratio topped out at 0.06 in Q1 2024 and bottomed at 0.0 in Q2 2023.
• A 5-year average of 0.04 and a median of 0.04 in 2025 frame the typical range for Debt Ratio.
• Annual changes were most pronounced in 2024 — Debt Ratio surged 5987.28% — and 2026, when it fell 26.42%.
• First Solar's Debt Ratio stood at 0.02 in 2022, then jumped by 141.95% to 0.05 in 2023, then retreated by 6.96% to 0.05 in 2024, then retreated by 25.58% to 0.04 in 2025, then fell by 14.79% to 0.03 in 2026.
• Business Quant data shows FSLR's Debt Ratio at 0.03 in Q1 2026, 0.04 in Q4 2025, and 0.04 in Q3 2025.