First Solar FSLR
NASDAQ FSLR
$203.01 -10.24 (-4.80%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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