Growth Metrics

First Solar (FSLR) Divestments (2015 - 2023)

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

First Solar (FSLR) has 6 years of Divestments data on file, last reported 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.
  • Across five years, Divestments topped out at $324.5 million in Q2 2022 and bottomed at $1.9 million in Q1 2022.
  • The 3-year median for Divestments is $43.0 million (2022), against an average of $89.7 million.
  • Peak annual rise in Divestments reached 114.28% in 2022, while the deepest fall reached 98.73% in 2022.
  • A 3-year view of Divestments shows it stood at $3.1 million in 2021, then jumped by 2432.43% to $78.4 million in 2022, then sank 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 26.65 Bn 24.22 Bn 486.13 Mn -
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn -
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn -
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn -
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn -
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn -
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn -

Historic Data

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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