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| Date | Value |
|---|---|
| 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 |