Maxeon Solar Technologies (MAXN) Minority Interest (2019 - 2024)
Maxeon Solar Technologies posted quarterly Minority Interest of $5.5 million for Q4 2024, down 4.76% year-on-year from $5.8 million in Q1 2024, and down 4.76% on a QoQ basis from $5.8 million in Q4 2023.
Maxeon Solar Technologies (MAXN) has 5 years of Minority Interest data on file, last reported at $5.5 million in Q4 2024.
- For the quarter ending Q4 2024, Minority Interest fell 4.76% year-over-year to $5.5 million; the trailing twelve-month figure through Dec 2024 stood at $5.5 million (down 4.76% YoY), and the FY2024 full-year result was $5.5 million, down 4.76% from the prior year.
- Minority Interest for Q4 2024 stood at $5.5 million, down from $5.8 million in the prior quarter.
- Across five years, Minority Interest topped out at $6.6 million in Q1 2021 and bottomed at $5.4 million in Q1 2022.
- The 4-year median for Minority Interest is $5.6 million (2023), against an average of $5.8 million.
- The widest annual swing landed in 2021, when Minority Interest increased 25.28%; it then fell 18.45% in 2022.
- A 4-year view of Minority Interest shows it stood at $6.6 million in 2021, then dropped by 18.45% to $5.4 million in 2022, then gained by 6.13% to $5.8 million in 2023, then decreased by 4.76% to $5.5 million in 2024.
- The last three Minority Interest figures came in at $5.5 million (Q4 2024), $5.8 million (Q4 2023), and $5.6 million (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn |
| 10 | Maxeon Solar Technologies | 13,137.80 | -17.21 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 5.48 Mn |
| Dec 31, 2023 | 5.75 Mn |
| Jan 1, 2023 | 5.63 Mn |
| Jan 2, 2022 | 5.42 Mn |
| Jan 3, 2021 | 6.65 Mn |
| Dec 29, 2019 | 5.30 Mn |