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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

First Solar (FSLR) Return on Assets (2016 - 2025)

First Solar's Return on Assets history spans 17 years, with the latest figure at 0.11% for Q4 2025.

  • For Q4 2025, Return on Assets changed 0.0% year-over-year to 0.11%; the TTM value through Dec 2025 reached 0.11%, changed 0.0%, while the annual FY2025 figure was 0.12%, 1.0% up from the prior year.
  • Return on Assets reached 0.11% in Q4 2025 per FSLR's latest filing, up from 0.11% in the prior quarter.
  • In the past five years, Return on Assets ranged from a high of 0.11% in Q4 2025 to a low of 0.01% in Q4 2022.
  • Average Return on Assets over 5 years is 0.07%, with a median of 0.08% recorded in 2021.
  • Peak YoY movement for Return on Assets: decreased -7bps in 2022, then increased 9bps in 2023.
  • A 5-year view of Return on Assets shows it stood at 0.06% in 2021, then tumbled by -109bps to 0.01% in 2022, then surged by 1585bps to 0.08% in 2023, then soared by 32bps to 0.11% in 2024, then rose by 4bps to 0.11% in 2025.
  • Per Business Quant, the three most recent readings for FSLR's Return on Assets are 0.11% (Q4 2025), 0.11% (Q3 2025), and 0.1% (Q2 2025).