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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

First Solar (FSLR) Equity Ratio (2016 - 2025)

First Solar's Equity Ratio history spans 17 years, with the latest figure at 0.72 for Q4 2025.

  • For Q4 2025, Equity Ratio rose 8.82% year-over-year to 0.72; the TTM value through Dec 2025 reached 0.72, up 8.82%, while the annual FY2025 figure was 0.72, 8.82% up from the prior year.
  • Equity Ratio reached 0.72 in Q4 2025 per FSLR's latest filing, up from 0.67 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.8 in Q4 2021 to a low of 0.64 in Q1 2024.
  • Average Equity Ratio over 5 years is 0.71, with a median of 0.68 recorded in 2023.
  • Peak YoY movement for Equity Ratio: dropped 15.53% in 2023, then increased 8.82% in 2025.
  • A 5-year view of Equity Ratio shows it stood at 0.8 in 2021, then fell by 12.01% to 0.71 in 2022, then fell by 8.78% to 0.65 in 2023, then rose by 1.98% to 0.66 in 2024, then rose by 8.82% to 0.72 in 2025.
  • Per Business Quant, the three most recent readings for FSLR's Equity Ratio are 0.72 (Q4 2025), 0.67 (Q3 2025), and 0.66 (Q2 2025).