First Solar (FSLR) EV to EBIT (2009 - 2026)
First Solar's (FSLR) EV to EBIT was 9.10 for Q3 2026, down 36.6% from 14.36 a year earlier and down 30.3% from the prior quarter.
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Analysis
First Solar (FSLR) EV to EBIT (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, First Solar's EV to EBIT came in at 5.39, down 54.3% year-over-year; for FY2025, it was 15.77, up 28.8% from FY2024.
- By year, EV to EBIT came in at 12.25 in FY2024 (-35.6%), 19.02 in FY2023 and 12.68 in FY2021 (-53.9%).
- The Q3 2026 figure ranks as the lowest quarterly EV to EBIT since Q3 2016.
- Year over year, EV to EBIT gained in three of the last eight quarters, with an average decline of 13.8%.
- The high point for year-over-year EV to EBIT in five years was Q3 2022 (growth of 263.6%); the low point was Q1 2024 (a decline of 96.6%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 13.06 (Q2 2026), 10.91 (Q1 2026) and 15.77 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 210.90 Bn | 163.15 Bn | 3.11 Bn |
| 2 | Bloom Energy | 54.82 Bn | 44.75 Bn | 417.10 Mn |
| 3 | First Solar | 19.45 Bn | 10.82 Bn | 713.06 Mn |
| 4 | Nextpower | 15.04 Bn | 10.75 Bn | 345.32 Mn |
| 5 | BWX Technologies | 11.61 Bn | 9.39 Bn | 227.14 Mn |
| 6 | Generac Holdings | 10.72 Bn | 9.45 Bn | 516.04 Mn |
| 7 | Innio | 10.33 Bn | 6.57 Bn | 367.70 Mn |
| 8 | EnerSys | 5.50 Bn | 3.69 Bn | 313.36 Mn |
| 9 | Mirion Technologies | 4.67 Bn | 3.08 Bn | 131.50 Mn |
| 10 | X-Energy | 4.46 Bn | 3.10 Bn | -32.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.10 |
| Jun 30, 2026 | 13.06 |
| Mar 31, 2026 | 10.91 |
| Dec 31, 2025 | 15.77 |
| Sep 30, 2025 | 14.36 |
| Jun 30, 2025 | 12.19 |
| Mar 31, 2025 | 9.23 |
| Dec 31, 2024 | 12.25 |
| Sep 30, 2024 | 19.05 |
| Jun 30, 2024 | 17.41 |
| Mar 31, 2024 | 14.85 |
| Dec 31, 2023 | 19.02 |
| Sep 30, 2023 | 37.34 |
| Jun 30, 2023 | 254.97 |
| Mar 31, 2023 | 431.61 |
| Sep 30, 2022 | 63.46 |
| Jun 30, 2022 | 22.88 |
| Mar 31, 2022 | 31.46 |
| Dec 31, 2021 | 12.68 |
| Sep 30, 2021 | 17.46 |
API Access
First Solar EV to EBIT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=FSLR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "ticker": "FSLR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=FSLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();