First Solar FSLR
NASDAQ FSLR
$207.17 +4.07 (+2.00%)
As of: Sep 10, 2026 · 3:59 PM EDT

First Solar (FSLR) Interest Coverage Ratio (2009 - 2026)

First Solar's (FSLR) quarterly Interest Coverage Ratio came in at 80.96 in Q2 2026, up 105.62% on a YoY basis from 39.37 in Q2 2025, and up 78.54% quarter-over-quarter from 45.35 in Q1 2026.

Analysis

First Solar (FSLR) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

First Solar (FSLR) has reported Interest Coverage Ratio for 18 consecutive years, with 80.96 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Interest Coverage Ratio rose 105.62% year-over-year to 80.96; the trailing twelve-month figure through Jun 2026 stood at 46.88 (up 32.92% YoY), and the FY2025 full-year result was 36.18, up 0.87% from the prior year.
  • Interest Coverage Ratio climbed to 80.96 in Q2 2026 per FSLR's latest filing, from 45.35 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 119.09 in Q2 2023 and bottomed at 22.85 in Q3 2022.
  • Historically, Interest Coverage Ratio has averaged 37.35 across 5 years, with a median of 38.76 in 2025.
  • The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio slumped 232.89% in 2022, then soared 484.1% in 2023.
  • Over 5 years, Interest Coverage Ratio stood at 14.65 in 2022, then jumped by 484.1% to 56.28 in 2023, then dropped by 25.45% to 41.96 in 2024, then gained by 15.56% to 48.48 in 2025, then jumped by 66.98% to 80.96 in 2026.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 80.96, 45.35, and 48.48 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 First Solar 22.26 Bn 20.53 Bn 605.00 Mn 80.96
2 Nextpower 12.25 Bn 11.04 Bn 335.85 Mn -
3 Enphase Energy 4.86 Bn 3.93 Bn 175.01 Mn 157.55
4 Solaredge Technologies 2.25 Bn 1.67 Bn 95.15 Mn -1.30
5 T1 Energy 1.29 Bn 1.08 Bn 49.10 Mn -
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 5.39
7 Canadian Solar 877.81 Mn -588.69 Mn 168.48 Mn -1.12
8 Array Technologies 700.09 Mn 392.79 Mn 99.60 Mn 6.01
9 JinkoSolar Holding 608.82 Mn -2.07 Bn 75.62 Mn -3.71
10 Toyo 131.54 Mn 21.49 Mn 36.97 Mn 81.10
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 80.96
Mar 31, 2026 45.35
Dec 31, 2025 48.48
Sep 30, 2025 33.01
Jun 30, 2025 39.37
Mar 31, 2025 23.23
Dec 31, 2024 41.96
Sep 30, 2024 35.75
Jun 30, 2024 38.15
Mar 31, 2024 26.40
Dec 31, 2023 56.28
Sep 30, 2023 73.10
Jun 30, 2023 119.09
Mar 31, 2023 24.07
Dec 31, 2022 -14.65
Sep 30, 2022 -22.85
Jun 30, 2022 44.75
Mar 31, 2022 -20.18
Dec 31, 2021 68.44
Sep 30, 2021 17.20