First Solar (FSLR) Price to FCF (2009 - 2026)
First Solar's (FSLR) quarterly Price to FCF came in at 99.39 in Q2 2026, up 89.47% on a YoY basis from 52.45 in Q2 2025, and down 80.27% quarter-over-quarter from 55.13 in Q1 2026.
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First Solar (FSLR) Price to FCF (2009 - 2026) Analysis & Trends
First Solar (FSLR) has reported Price to FCF for 18 consecutive years, with 99.39 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Price to FCF rose 89.47% year-over-year to 99.39; the trailing twelve-month figure through Jun 2026 stood at 16.9 (up 189.76% YoY), and the FY2025 full-year result was 23.61, up 138.55% from the prior year.
- Price to FCF eased to 99.39 in Q2 2026 per FSLR's latest filing, from 55.13 in the prior quarter.
- Across five years, Price to FCF topped out at 85.94 in Q4 2023 and bottomed at 944.05 in Q2 2025.
- Historically, Price to FCF has averaged 95.81 across 5 years, with a median of 54.95 in 2024.
- The sharpest annual moves came in 2022 and 2025: Price to FCF soared 159.02% in 2022, then sank 446.22% in 2025.
- Over 5 years, Price to FCF stood at 34.1 in 2022, then surged by 152.03% to 85.94 in 2023, then sank by 55.86% to 37.93 in 2024, then plunged by 30.94% to 26.19 in 2025, then plunged by 479.42% to 99.39 in 2026.
- According to Business Quant data, Price to FCF over the past three periods registered 99.39, 55.13, and 26.19 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 | -99.39 |
| Mar 31, 2026 | -55.13 |
| Dec 31, 2025 | 26.19 |
| Sep 30, 2025 | 22.13 |
| Jun 30, 2025 | -944.05 |
| Mar 31, 2025 | -14.52 |
| Dec 31, 2024 | 37.93 |
| Sep 30, 2024 | -54.76 |
| Jun 30, 2024 | -172.83 |
| Mar 31, 2024 | -101.37 |
| Dec 31, 2023 | 85.94 |
| Sep 30, 2023 | -142.95 |
| Jun 30, 2023 | -42.99 |
| Mar 31, 2023 | -57.29 |
| Dec 31, 2022 | 34.10 |
| Sep 30, 2022 | -149.56 |
| Jun 30, 2022 | -65.62 |
| Mar 31, 2022 | -30.40 |
| Dec 31, 2021 | -57.77 |
| Sep 30, 2021 | 72.14 |