FTC Solar (FTCI) Price to Book (2021 - 2026)
FTC Solar's (FTCI) quarterly Price to Book came in at 2.75 in Q2 2026, down 136.97% on a YoY basis from 7.45 in Q2 2025, and up 71.67% quarter-over-quarter from 9.72 in Q1 2026.
Analysis
FTC Solar (FTCI) Price to Book (2021 - 2026) Analysis & Trends
FTC Solar (FTCI) has reported Price to Book for 6 consecutive years, with 2.75 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Price to Book fell 136.97% year-over-year to 2.75; the trailing twelve-month figure through Jun 2026 stood at 2.75 (down 136.97% YoY), and the FY2025 full-year result was 3.95, down 206.06% from the prior year.
- Price to Book improved to 2.75 in Q2 2026 per FTCI's latest filing, from 9.72 in the prior quarter.
- Across five years, Price to Book topped out at 7.45 in Q2 2025 and bottomed at 9.72 in Q1 2026.
- Historically, Price to Book has averaged 1.24 across 5 years, with a median of 2.64 in 2025.
- The sharpest annual moves came in 2025 and 2026: Price to Book soared 635.26% in 2025, then slumped 502.59% in 2026.
- Over 5 years, Price to Book stood at 4.24 in 2022, then sank by 67.16% to 1.39 in 2023, then surged by 167.44% to 3.72 in 2024, then sank by 206.06% to 3.95 in 2025, then surged by 30.19% to 2.75 in 2026.
- According to Business Quant data, Price to Book over the past three periods registered 2.75, 9.72, and 3.95 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn |
| 10 | FTC Solar | 36.75 Mn | 25.68 Mn | -2.23 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.75 |
| Mar 31, 2026 | -9.72 |
| Dec 31, 2025 | -3.95 |
| Sep 30, 2025 | -7.67 |
| Jun 30, 2025 | 7.45 |
| Mar 31, 2025 | 2.42 |
| Dec 31, 2024 | 3.72 |
| Sep 30, 2024 | 2.86 |
| Jun 30, 2024 | 1.01 |
| Mar 31, 2024 | 1.23 |
| Dec 31, 2023 | 1.39 |
| Sep 30, 2023 | 2.16 |
| Jun 30, 2023 | 4.79 |
| Mar 31, 2023 | 3.64 |
| Dec 31, 2022 | 4.24 |
| Sep 30, 2022 | 3.74 |
| Jun 30, 2022 | 3.68 |
| Mar 31, 2022 | 4.09 |
| Dec 31, 2021 | 4.90 |
| Sep 30, 2021 | 4.05 |