First Solar (FSLR) Divestments (2015 - 2023)

First Solar (FSLR) reported Divestments of $7.7 million for Q4 2023, down 90.2% on a YoY basis from $78.4 million in Q4 2022, and down 90.2% quarter-over-quarter from $78.4 million in Q4 2022.

First Solar (FSLR) Divestments (2015 - 2023) Analysis & Trends

First Solar has reported Divestments for 6 years, with the latest figure at $7.7 million in Q4 2023.

  • For the quarter ending Q4 2023, Divestments fell 90.2% year-over-year to $7.7 million; the trailing twelve-month figure through Dec 2023 stood at $7.7 million (down 98.12% YoY), and the FY2023 full-year result was $7.7 million, down 98.26% from the prior year.
  • Divestments for Q4 2023 stood at $7.7 million, down from $78.4 million in the prior quarter.
  • The five-year high for Divestments was $324.5 million in Q2 2022, with the low at $1.9 million in Q1 2022.
  • Historically, Divestments has averaged $89.7 million across 3 years, with a median of $43.0 million in 2022.
  • The largest YoY upside for Divestments was 114.28% in 2022 against a maximum downside of 98.73% in 2022.
  • First Solar's Divestments stood at $3.1 million in 2021, then soared by 2432.43% to $78.4 million in 2022, then slumped by 90.2% to $7.7 million in 2023.
  • The last three Divestments figures came in at $7.7 million (Q4 2023), $78.4 million (Q4 2022), and $4.6 million (Q3 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Divestments (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn -
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn -
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn -
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn -
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -
10 Skycorp Solar 110.38 Mn 103.60 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2023 7.68 Mn
Dec 31, 2022 78.40 Mn
Sep 30, 2022 4.60 Mn
Jun 30, 2022 324.50 Mn
Mar 31, 2022 1.86 Mn
Sep 30, 2021 3.10 Mn
Jun 30, 2021 151.43 Mn
Mar 31, 2021 145.97 Mn
Jun 30, 2018 240.00 Mn
Mar 31, 2018 7.56 Mn
Dec 31, 2016 290.00 Mn
Mar 31, 2016 1.50 Mn
Jun 30, 2015 238.98 Mn