First Solar (FSLR) Equity Income (2014 - 2020)
First Solar (FSLR) reported Equity Income of -$2.3 million for Q4 2020, down 2784.81% on a YoY basis from $84885.0 in Q1 2020, and down 3406.15% quarter-over-quarter from -$65000.0 in Q3 2020.
First Solar (FSLR) Equity Income (2014 - 2020) Analysis & Trends
First Solar has reported Equity Income for 7 years, with the latest figure at -$2.3 million in Q4 2020.
- For the quarter ending Q4 2020, Equity Income fell 2784.81% year-over-year to -$2.3 million; the trailing twelve-month figure through Sep 2021 stood at -$2.3 million (down 3309.86% YoY), and the FY2020 full-year result was -$2.1 million, down 649.65% from the prior year.
- Equity Income for Q4 2020 stood at -$2.3 million, down from -$65000.0 in the prior quarter.
- The five-year high for Equity Income was $137.5 million in Q4 2016, with the low at -$7.3 million in Q2 2016.
- Historically, Equity Income has averaged $9.0 million across 5 years, with a median of -$83500.0 in 2019.
- Annual changes were most pronounced in 2016 — Equity Income surged 5656.9% — and 2020, when it slumped 2784.81%.
- First Solar's Equity Income stood at $137.5 million in 2016, then plunged by 100.87% to -$1.2 million in 2017, then surged by 59.45% to -$485000.0 in 2018, then surged by 83.71% to -$79000.0 in 2019, then tumbled by 2784.81% to -$2.3 million in 2020.
- The last three Equity Income figures came in at -$2.3 million (Q4 2020), -$65000.0 (Q3 2020), and $303000.0 (Q2 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Income (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 | -7.90 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, 2020 | -2.28 Mn |
| Sep 30, 2020 | -65,000.00 |
| Jun 30, 2020 | 303,000.00 |
| Mar 31, 2020 | -88,000.00 |
| Dec 31, 2019 | -79,000.00 |
| Sep 30, 2019 | 65,000.00 |
| Jun 30, 2019 | -97,000.00 |
| Mar 31, 2019 | -173,000.00 |
| Dec 31, 2018 | -485,000.00 |
| Sep 30, 2018 | -3.23 Mn |
| Jun 30, 2018 | 40.09 Mn |
| Mar 31, 2018 | -1.75 Mn |
| Dec 31, 2017 | -1.20 Mn |
| Sep 30, 2017 | 4.05 Mn |
| Jun 30, 2017 | 1.97 Mn |
| Mar 31, 2017 | -552,000.00 |
| Dec 31, 2016 | 137.46 Mn |
| Sep 30, 2016 | 4.47 Mn |
| Jun 30, 2016 | -7.29 Mn |
| Mar 31, 2016 | 9.67 Mn |