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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 Capital Employed (2016 - 2025)

First Solar's Return on Capital Employed history spans 17 years, with the latest figure at 0.14% for Q4 2025.

  • For Q4 2025, Return on Capital Employed changed 0.0% year-over-year to 0.14%; the TTM value through Dec 2025 reached 0.14%, changed 0.0%, while the annual FY2025 figure was 0.15%, 0.0% changed from the prior year.
  • Return on Capital Employed reached 0.14% in Q4 2025 per FSLR's latest filing, down from 0.15% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 0.15% in Q3 2025 to a low of 0.0% in Q4 2022.
  • Average Return on Capital Employed over 5 years is 0.09%, with a median of 0.09% recorded in 2021.
  • Peak YoY movement for Return on Capital Employed: fell -9bps in 2022, then rose 13bps in 2024.
  • A 5-year view of Return on Capital Employed shows it stood at 0.09% in 2021, then crashed by -104bps to 0.0% in 2022, then surged by 2582bps to 0.1% in 2023, then skyrocketed by 45bps to 0.14% in 2024, then fell by 0bps to 0.14% in 2025.
  • Per Business Quant, the three most recent readings for FSLR's Return on Capital Employed are 0.14% (Q4 2025), 0.15% (Q3 2025), and 0.14% (Q2 2025).