Growth Metrics

First Solar (FSLR) Debt to Equity (2016 - 2025)

First Solar's Debt to Equity history spans 17 years, with the latest figure at $0.05 for Q4 2025.

  • For Q4 2025, Debt to Equity fell 31.61% year-over-year to $0.05; the TTM value through Dec 2025 reached $0.05, down 31.61%, while the annual FY2025 figure was $0.05, 31.61% down from the prior year.
  • Debt to Equity reached $0.05 in Q4 2025 per FSLR's latest filing, down from $0.06 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.09 in Q1 2024 to a low of $0.0 in Q3 2021.
  • Average Debt to Equity over 5 years is $0.04, with a median of $0.06 recorded in 2025.
  • Peak YoY movement for Debt to Equity: crashed 48.98% in 2021, then soared 7650.54% in 2024.
  • A 5-year view of Debt to Equity shows it stood at $0.04 in 2021, then fell by 21.53% to $0.03 in 2022, then surged by 165.24% to $0.08 in 2023, then fell by 8.77% to $0.08 in 2024, then crashed by 31.61% to $0.05 in 2025.
  • Per Business Quant, the three most recent readings for FSLR's Debt to Equity are $0.05 (Q4 2025), $0.06 (Q3 2025), and $0.07 (Q2 2025).