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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's FCF Margin history spans 17 years, with the latest figure at 79.05% for Q4 2025.

  • For Q4 2025, FCF Margin rose 10882.0% year-over-year to 79.05%; the TTM value through Dec 2025 reached 36.85%, up 4418.0%, while the annual FY2025 figure was 36.85%, 4418.0% up from the prior year.
  • FCF Margin reached 79.05% in Q4 2025 per FSLR's latest filing, down from 96.91% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 96.91% in Q3 2025 to a low of 96.37% in Q1 2025.
  • Average FCF Margin over 5 years is 4.89%, with a median of 5.48% recorded in 2021.
  • The largest YoY upside for FCF Margin was 10882bps in 2025 against a maximum downside of -7393bps in 2025.
  • A 5-year view of FCF Margin shows it stood at 35.08% in 2021, then surged by 83bps to 64.09% in 2022, then plummeted by -33bps to 42.87% in 2023, then crashed by -169bps to 29.76% in 2024, then soared by 366bps to 79.05% in 2025.
  • Per Business Quant, the three most recent readings for FSLR's FCF Margin are 79.05% (Q4 2025), 96.91% (Q3 2025), and 12.63% (Q2 2025).