First Solar (FSLR) Divestments (2015 - 2023)

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

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

First Solar's Divestments history runs 6 years deep, the most recent figure standing at $7.7 million for Q4 2023.

  • Quarterly Divestments fell 90.2% year-over-year to $7.7 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $7.7 million (down 98.13% YoY) and the FY2023 annual result came in at $7.7 million, down 98.26% from the prior year.
  • Divestments was $7.7 million for Q4 2023 at First Solar, down from $78.4 million in the prior quarter.
  • Across five years, Divestments topped out at $324.5 million in Q2 2022 and bottomed at $1.9 million in Q1 2022.
  • A 3-year average of $89.9 million and a median of $43.0 million in 2022 frame the typical range for Divestments.
  • Peak annual rise in Divestments reached 114.28% in 2022, while the deepest fall reached 98.73% in 2022.
  • First Solar's Divestments stood at $3.1 million in 2021, then surged by 2432.43% to $78.4 million in 2022, then plunged by 90.2% to $7.7 million in 2023.
  • Business Quant data shows FSLR's Divestments at $7.7 million in Q4 2023, $78.4 million in Q4 2022, and $6.6 million in Q3 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Divestments (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 -
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -
6 Sunrun 2.35 Bn 687.09 Mn 407.49 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 -
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn -
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2023 7.68 Mn
Dec 31, 2022 78.40 Mn
Sep 30, 2022 6.60 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