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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) FCF Margin (2016 - 2025)

First Solar (FSLR) has disclosed FCF Margin for 17 consecutive years, with 107.34% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, FCF Margin rose 13710.0% year-over-year to 107.34%, compared with a TTM value of 36.85% through Dec 2025, up 4418.0%, and an annual FY2025 reading of 36.85%, up 4418.0% over the prior year.
  • FCF Margin was 107.34% for Q4 2025 at First Solar, up from 51.27% in the prior quarter.
  • Across five years, FCF Margin topped out at 107.34% in Q4 2025 and bottomed at 96.37% in Q1 2025.
  • Average FCF Margin over 5 years is 2.8%, with a median of 7.17% recorded in 2021.
  • The sharpest move saw FCF Margin tumbled -8686bps in 2023, then surged 13710bps in 2025.
  • Year by year, FCF Margin stood at 35.08% in 2021, then skyrocketed by 200bps to 105.34% in 2022, then plummeted by -82bps to 18.49% in 2023, then tumbled by -261bps to 29.76% in 2024, then skyrocketed by 461bps to 107.34% in 2025.
  • Business Quant data shows FCF Margin for FSLR at 107.34% in Q4 2025, 51.27% in Q3 2025, and 10.33% in Q2 2025.