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 Sales (2009 - 2026)

First Solar's (FSLR) quarterly Price to Sales came in at 24.01 in Q2 2026, up 48.38% on a YoY basis from 16.18 in Q2 2025, and up 18.28% quarter-over-quarter from 20.3 in Q1 2026.

Analysis

First Solar (FSLR) Price to Sales (2009 - 2026) Analysis & Trends

First Solar (FSLR) has reported Price to Sales for 18 consecutive years, with 24.01 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Price to Sales rose 48.38% year-over-year to 24.01; the trailing twelve-month figure through Jun 2026 stood at 4.72 (up 15.36% YoY), and the FY2025 full-year result was 5.37, up 19.73% from the prior year.
  • Price to Sales grew to 24.01 in Q2 2026 per FSLR's latest filing, from 20.3 in the prior quarter.
  • Across five years, Price to Sales topped out at 42.38 in Q1 2023 and bottomed at 11.7 in Q2 2022.
  • Historically, Price to Sales has averaged 20.91 across 5 years, with a median of 20.92 in 2026.
  • The sharpest annual moves came in 2023 and 2025: Price to Sales jumped 114.19% in 2023, then sank 50.68% in 2025.
  • Over 5 years, Price to Sales stood at 15.93 in 2022, then slipped by 0.27% to 15.89 in 2023, then slipped by 21.56% to 12.46 in 2024, then jumped by 33.67% to 16.66 in 2025, then jumped by 44.13% to 24.01 in 2026.
  • According to Business Quant data, Price to Sales over the past three periods registered 24.01, 20.3, and 16.66 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 24.01
Mar 31, 2026 20.30
Dec 31, 2025 16.66
Sep 30, 2025 14.84
Jun 30, 2025 16.18
Mar 31, 2025 16.05
Dec 31, 2024 12.46
Sep 30, 2024 30.08
Jun 30, 2024 23.88
Mar 31, 2024 22.75
Dec 31, 2023 15.89
Sep 30, 2023 21.55
Jun 30, 2023 25.05
Mar 31, 2023 42.38
Dec 31, 2022 15.93
Sep 30, 2022 22.42
Jun 30, 2022 11.70
Mar 31, 2022 24.32
Dec 31, 2021 10.21
Sep 30, 2021 17.39