Growth Metrics

First Solar (FSLR) Operating Leases (2019 - 2023)

First Solar posted quarterly Operating Leases of $47.8 million for Q1 2023, down 67.97% year-on-year from $149.4 million in Q1 2022, and up 17.85% on a QoQ basis from $40.6 million in Q4 2022.

First Solar (FSLR) has 5 years of Operating Leases data on file, last reported at $47.8 million in Q1 2023.

  • For the quarter ending Q1 2023, Operating Leases fell 67.97% year-over-year to $47.8 million; the trailing twelve-month figure through Mar 2023 stood at $47.8 million (down 67.97% YoY), and the FY2022 full-year result was $40.6 million, down 72.18% from the prior year.
  • Operating Leases for Q1 2023 stood at $47.8 million, up from $40.6 million in the prior quarter.
  • Across five years, Operating Leases topped out at $211.3 million in Q2 2020 and bottomed at $40.6 million in Q4 2022.
  • The 5-year median for Operating Leases is $145.3 million (2019), against an average of $136.1 million.
  • The widest annual swing landed in 2020, when Operating Leases jumped 68.01%; it then plunged 74.28% in 2022.
  • A 5-year view of Operating Leases shows it stood at $112.5 million in 2019, then surged by 68.01% to $189.0 million in 2020, then decreased by 22.81% to $145.9 million in 2021, then slumped by 72.18% to $40.6 million in 2022, then rose by 17.85% to $47.8 million in 2023.
  • The last three Operating Leases figures came in at $47.8 million (Q1 2023), $40.6 million (Q4 2022), and $44.7 million (Q3 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 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
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn

Historic Data

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DateValue
Mar 31, 2023 47.84 Mn
Dec 31, 2022 40.59 Mn
Sep 30, 2022 44.66 Mn
Jun 30, 2022 57.19 Mn
Mar 31, 2022 149.36 Mn
Dec 31, 2021 145.91 Mn
Sep 30, 2021 173.63 Mn
Jun 30, 2021 188.98 Mn
Mar 31, 2021 196.68 Mn
Dec 31, 2020 189.03 Mn
Sep 30, 2020 199.39 Mn
Jun 30, 2020 211.33 Mn
Mar 31, 2020 137.08 Mn
Dec 31, 2019 112.52 Mn
Sep 30, 2019 142.26 Mn
Jun 30, 2019 131.79 Mn
Mar 31, 2019 145.29 Mn