First Solar (FSLR) Equity Ratio (2009 - 2026)

First Solar has reported Equity Ratio for 18 years, with the latest figure at 0.74 in Q1 2026.

• For the quarter ending Q1 2026, Equity Ratio rose 9.5% year-over-year to 0.74; the trailing twelve-month figure through Mar 2026 stood at 0.74 (up 9.5% YoY), and the FY2025 full-year result was 0.72, up 8.82% from the prior year.
• Equity Ratio for Q1 2026 stood at 0.74, up from 0.72 in the prior quarter.
• The five-year high for Equity Ratio was 0.79 in Q2 2022, with the low at 0.64 in Q1 2024.
• Historically, Equity Ratio has averaged 0.7 across 5 years, with a median of 0.67 in 2023.
• Annual changes were most pronounced in 2023 — Equity Ratio slipped 15.53% — and 2026, when it advanced 9.5%.
• First Solar's Equity Ratio stood at 0.71 in 2022, then retreated by 8.78% to 0.65 in 2023, then gained by 1.98% to 0.66 in 2024, then gained by 8.82% to 0.72 in 2025, then grew by 3.34% to 0.74 in 2026.
• The last three Equity Ratio figures came in at 0.74 (Q1 2026), 0.72 (Q4 2025), and 0.67 (Q3 2025), per Business Quant data.