First Solar (FSLR) Price to Sales (2009 - 2026)
First Solar's (FSLR) Price to Sales stood at 4.72 in Q2 2026, up 15.4% from 4.09 a year earlier and up 20.5% from the prior quarter.
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Analysis
First Solar (FSLR) Price to Sales (2009 - 2026) Analysis & Trends
For FY2025, First Solar's Price to Sales came in at 5.37, up 19.7% from FY2024.
- Across earlier years, Price to Sales came in at 4.49 in FY2024 (-19.1%), 5.55 in FY2023 (-9.0%), 6.10 in FY2022 (+92.3%) and 3.17 in FY2021 (-18.0%).
- Quarterly Price to Sales has ranged from 2.93 in Q2 2022 to 8.30 in Q1 2023 over the past five years.
- On a year-over-year basis, Price to Sales has increased for three consecutive quarters, with an average decline of 5.0% over the last eight quarters.
- Peak year-over-year performance for Price to Sales in the last five years was growth of 131.8% in Q2 2023, against a decline of 38.9% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 3.91 (Q1 2026), 5.37 (Q4 2025) and 4.69 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 263.36 Bn | 224.44 Bn | 2.36 Bn |
| 2 | Bloom Energy | 84.85 Bn | 76.67 Bn | 355.57 Mn |
| 3 | First Solar | 18.77 Bn | 9.72 Bn | 605.00 Mn |
| 4 | Generac Holdings | 12.79 Bn | 11.62 Bn | 521.81 Mn |
| 5 | Nextpower | 12.78 Bn | 8.68 Bn | 335.85 Mn |
| 6 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn |
| 7 | EnerSys | 7.13 Bn | 5.32 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.42 Bn | -436.70 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.57 Bn | 1.46 Bn | 133.10 Mn |
| 10 | Nuscale Power | 3.18 Bn | 3.13 Bn | -152,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.72 |
| Mar 31, 2026 | 3.91 |
| Dec 31, 2025 | 5.37 |
| Sep 30, 2025 | 4.69 |
| Jun 30, 2025 | 4.09 |
| Mar 31, 2025 | 3.19 |
| Dec 31, 2024 | 4.49 |
| Sep 30, 2024 | 6.93 |
| Jun 30, 2024 | 6.41 |
| Mar 31, 2024 | 5.07 |
| Dec 31, 2023 | 5.55 |
| Sep 30, 2023 | 5.46 |
| Jun 30, 2023 | 6.79 |
| Mar 31, 2023 | 8.30 |
| Dec 31, 2022 | 6.10 |
| Sep 30, 2022 | 5.59 |
| Jun 30, 2022 | 2.93 |
| Mar 31, 2022 | 3.59 |
| Dec 31, 2021 | 3.17 |
| Sep 30, 2021 | 3.87 |
API Access
First Solar Price to Sales API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-sales&ticker=FSLR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "ticker": "FSLR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-sales&ticker=FSLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();