First Solar (FSLR) Price to Earnings (2009 - 2026)
First Solar's (FSLR) quarterly Price to Earnings came in at 60.01 in Q2 2026, up 15.56% on a YoY basis from 51.93 in Q2 2025, and down 1.87% quarter-over-quarter from 61.15 in Q1 2026.
Analysis
First Solar (FSLR) Price to Earnings (2009 - 2026) Analysis & Trends
First Solar (FSLR) has reported Price to Earnings for 18 consecutive years, with 60.01 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Price to Earnings rose 15.56% year-over-year to 60.01; the trailing twelve-month figure through Jun 2026 stood at 14.52 (up 2.87% YoY), and the FY2025 full-year result was 18.34, up 25.61% from the prior year.
- Price to Earnings eased to 60.01 in Q2 2026 per FSLR's latest filing, from 61.15 in the prior quarter.
- Across five years, Price to Earnings topped out at 545.91 in Q1 2023 and bottomed at 2115.66 in Q4 2022.
- Historically, Price to Earnings has averaged 59.69 across 5 years, with a median of 60.58 in 2026.
- The sharpest annual moves came in 2022 and 2023: Price to Earnings plunged 3098.88% in 2022, then jumped 364.57% in 2023.
- Over 5 years, Price to Earnings stood at 2115.66 in 2022, then soared by 102.49% to 52.71 in 2023, then declined by 8.94% to 48.0 in 2024, then rose by 12.13% to 53.82 in 2025, then increased by 11.51% to 60.01 in 2026.
- According to Business Quant data, Price to Earnings over the past three periods registered 60.01, 61.15, and 53.82 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 21.97 Bn | 20.25 Bn | 605.00 Mn |
| 2 | Nextpower | 12.81 Bn | 11.60 Bn | 335.85 Mn |
| 3 | Enphase Energy | 4.81 Bn | 3.87 Bn | 175.01 Mn |
| 4 | Solaredge Technologies | 2.10 Bn | 1.52 Bn | 95.15 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.14 Bn | 49.10 Mn |
| 6 | Shoals Technologies | 1.20 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 896.45 Mn | 597.20 Mn | 168.48 Mn |
| 8 | Array Technologies | 708.44 Mn | 401.13 Mn | 99.60 Mn |
| 9 | JinkoSolar Holding | 627.24 Mn | -480.04 Mn | 75.62 Mn |
| 10 | Toyo | 133.94 Mn | 23.90 Mn | 36.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 60.01 |
| Mar 31, 2026 | 61.15 |
| Dec 31, 2025 | 53.82 |
| Sep 30, 2025 | 51.90 |
| Jun 30, 2025 | 51.93 |
| Mar 31, 2025 | 64.71 |
| Dec 31, 2024 | 48.00 |
| Sep 30, 2024 | 85.33 |
| Jun 30, 2024 | 69.08 |
| Mar 31, 2024 | 76.36 |
| Dec 31, 2023 | 52.71 |
| Sep 30, 2023 | 64.33 |
| Jun 30, 2023 | 119.05 |
| Mar 31, 2023 | 545.91 |
| Dec 31, 2022 | -2,115.66 |
| Sep 30, 2022 | -286.79 |
| Jun 30, 2022 | 130.14 |
| Mar 31, 2022 | -206.34 |
| Dec 31, 2021 | 70.55 |
| Sep 30, 2021 | 224.54 |