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

First Solar has reported Debt Ratio for 18 years, with the latest figure at 0.03 in Q1 2026.

• For the quarter ending Q1 2026, Debt Ratio fell 26.42% year-over-year to 0.03; the trailing twelve-month figure through Mar 2026 stood at 0.03 (down 26.42% YoY), and the FY2025 full-year result was 0.04, down 25.58% from the prior year.
• Debt Ratio for Q1 2026 stood at 0.03, down from 0.04 in the prior quarter.
• The five-year high for Debt Ratio was 0.06 in Q1 2024, with the low at 0.0 in Q1 2022.
• Historically, Debt Ratio has averaged 0.03 across 5 years, with a median of 0.04 in 2025.
• Annual changes were most pronounced in 2022 — Debt Ratio slumped 30.96% — and 2024, when it jumped 7155.49%.
• First Solar's Debt Ratio stood at 0.02 in 2022, then surged by 141.95% to 0.05 in 2023, then declined by 6.96% to 0.05 in 2024, then declined by 25.58% to 0.04 in 2025, then dropped by 14.79% to 0.03 in 2026.
• The last three Debt Ratio figures came in at 0.03 (Q1 2026), 0.04 (Q4 2025), and 0.04 (Q3 2025), per Business Quant data.