First Solar (FSLR) EV to FCF (2009 - 2026)
First Solar's EV to FCF came in at 73.90 for Q3 2026, up 110.0% from 35.19 a year earlier and up 369.1% from the prior quarter.
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Analysis
First Solar (FSLR) EV to FCF (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, First Solar reported EV to FCF of 43.79, up 51.3% year-over-year; for FY2025, it was 21.21.
- The Q3 2026 figure represents the highest quarterly EV to FCF since Q1 2016.
- Business Quant data shows FSLR's EV to FCF at 15.75 (Q2 2026), 11.25 (Q1 2026) and 21.21 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn |
| 10 | Enphase Energy | 3.45 Bn | -863.96 Mn | 127.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 73.90 |
| Jun 30, 2026 | 15.75 |
| Mar 31, 2026 | 11.25 |
| Dec 31, 2025 | 21.21 |
| Sep 30, 2025 | 35.19 |
| Sep 30, 2020 | 36.61 |
| Jun 30, 2018 | 5.55 |
| Mar 31, 2018 | 20.42 |
| Dec 31, 2017 | 4.92 |
| Sep 30, 2017 | 2.57 |
| Jun 30, 2017 | 9.80 |
| Mar 31, 2017 | 1.17 |
| Mar 31, 2016 | 246.36 |
| Sep 30, 2015 | 7.04 |
| Jun 30, 2015 | 11.32 |
| Mar 31, 2015 | 12.38 |
| Dec 31, 2014 | 4.93 |
| Jun 30, 2014 | 44.88 |
| Mar 31, 2014 | 26.73 |
| Dec 31, 2013 | 6.40 |
API Access
First Solar EV to FCF 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-fcf&ticker=FSLR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=FSLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();