Growth Metrics

First Solar (FSLR) Leases (2019 - 2023)

First Solar posted quarterly Leases of $81.5 million for Q3 2023, down 16.71% year-on-year from $97.9 million in Q3 2022, and down 9.18% on a QoQ basis from $89.7 million in Q2 2023.

First Solar (FSLR) has 5 years of Leases data on file, last reported at $81.5 million in Q3 2023.

  • For the quarter ending Q3 2023, Leases fell 16.71% year-over-year to $81.5 million; the trailing twelve-month figure through Sep 2023 stood at $81.5 million (down 16.71% YoY), and the FY2022 full-year result was $93.2 million, down 55.1% from the prior year.
  • Leases for Q3 2023 stood at $81.5 million, down from $89.7 million in the prior quarter.
  • Across five years, Leases topped out at $238.5 million in Q3 2021 and bottomed at $81.5 million in Q3 2023.
  • The 5-year median for Leases is $168.2 million (2019), against an average of $165.4 million.
  • The widest annual swing landed in 2020, when Leases soared 55.56%; it then slumped 58.97% in 2022.
  • A 5-year view of Leases shows it stood at $145.7 million in 2019, then jumped by 55.56% to $226.7 million in 2020, then dropped by 8.44% to $207.5 million in 2021, then plunged by 55.1% to $93.2 million in 2022, then slipped by 12.53% to $81.5 million in 2023.
  • The last three Leases figures came in at $81.5 million (Q3 2023), $89.7 million (Q2 2023), and $91.3 million (Q1 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Leases (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn -
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 50.87 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 441.29 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn -
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 50.09 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 57.78 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 45.00 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 48.27 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 514.34 Mn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 2.16 Mn

Historic Data

Download Data 🔒
DateValue
Sep 30, 2023 81.51 Mn
Jun 30, 2023 89.75 Mn
Mar 31, 2023 91.28 Mn
Dec 31, 2022 93.19 Mn
Sep 30, 2022 97.86 Mn
Jun 30, 2022 101.86 Mn
Mar 31, 2022 197.06 Mn
Dec 31, 2021 207.54 Mn
Sep 30, 2021 238.51 Mn
Jun 30, 2021 217.63 Mn
Mar 31, 2021 220.69 Mn
Dec 31, 2020 226.66 Mn
Sep 30, 2020 223.55 Mn
Jun 30, 2020 237.00 Mn
Mar 31, 2020 160.75 Mn
Dec 31, 2019 145.71 Mn
Sep 30, 2019 176.79 Mn
Jun 30, 2019 166.51 Mn
Mar 31, 2019 168.21 Mn