First Solar (FSLR) EV to EBIT (2009 - 2026)
First Solar's (FSLR) EV to EBIT was 13.06 for Q2 2026, up 7.1% from 12.19 a year earlier and up 19.7% from the prior quarter.
First Solar (FSLR) EV to EBIT (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, First Solar's EV to EBIT came in at 9.01, down 3.0% 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%).
- Five-year quarterly EV to EBIT spans a low of 9.23 in Q1 2025 and a high of 431.61 in Q1 2023.
- Year over year, EV to EBIT has now increased in each of the last three quarters, with an average decline of 15.4% over the last eight quarters.
- 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 Q2 2026 came in at 10.91 (Q1 2026), 15.77 (Q4 2025) and 14.36 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 256.40 Bn | 217.48 Bn | 2.36 Bn |
| 2 | Bloom Energy | 85.45 Bn | 77.27 Bn | 355.57 Mn |
| 3 | First Solar | 19.01 Bn | 9.97 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.64 Bn | 10.94 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.53 Bn | 11.36 Bn | 521.81 Mn |
| 6 | Nextpower | 12.03 Bn | 7.92 Bn | 335.85 Mn |
| 7 | EnerSys | 6.62 Bn | 4.81 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.21 Bn | -653.40 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.51 Bn | 1.39 Bn | 133.10 Mn |
| 10 | Nuscale Power | 3.18 Bn | 3.14 Bn | -152,000.00 |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 12.52 |
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_KEY
import 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();