First Solar (FSLR) Return on Capital Employed (2009 - 2026)

First Solar's Return on Capital Employed history runs 18 years deep, the most recent figure standing at 15.46% for Q1 2026.

• Quarterly Return on Capital Employed rose 139.0% year-over-year to 15.46% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 15.46% (up 139.0% YoY) and the FY2025 annual result came in at 15.25%, up 4.0% from the prior year.
• Return on Capital Employed was 15.46% for Q1 2026 at First Solar, up from 14.34% in the prior quarter.
• Across five years, Return on Capital Employed topped out at 15.46% in Q1 2026 and bottomed at 0.4% in Q4 2022.
• A 5-year average of 9.14% and a median of 12.29% in 2024 frame the typical range for Return on Capital Employed.
• Annual changes were most pronounced in 2022 — Return on Capital Employed plunged 840 bps — and 2024, when it jumped 1317 bps.
• First Solar's Return on Capital Employed stood at 0.4% in 2022, then surged by 2582 bps to 9.89% in 2023, then jumped by 45 bps to 14.37% in 2024, then slipped by 0 bps to 14.34% in 2025, then climbed by 8 bps to 15.46% in 2026.
• Business Quant data shows FSLR's Return on Capital Employed at 15.46% in Q1 2026, 14.34% in Q4 2025, and 14.95% in Q3 2025.