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