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ISIN
US3364331070
CUSIP
336433107
Industry
Solar
IPO Date
Nov 17, 2006

Highlights

Market Cap
$28.32B
Enterprise Value
$26.57B
EPS (TTM)
$15.48
PE Ratio
17.00
PEG Ratio
0.41
Total Revenue (TTM)
$5.42B
Gross Profit (TTM)
$2.26B
EBITDA (TTM)
$2.15B
Year Range
$147.30 - $320.95
Target Price
$263.10
ROA (TTM)
12.47%
ROE (TTM)
16.86%

Share Price Chart


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Performance

FSLR Performance Chart

First Solar, Inc. (FSLR) is up 0.7% since the beginning of the year. At $263 per share, FSLR is trading 18.0% below its 52-week high of $321. Investors who bought $1,000 worth of FSLR shares 5 years ago would now be looking at an investment worth $3,280.


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S&P 500 Index

Returns By Period

First Solar, Inc. (FSLR) has returned 0.72% so far this year and 81.46% over the past 12 months. Looking at the last ten years, FSLR has achieved an annualized return of 19.05%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.


First Solar, Inc.

1D
2.10%
1M
2.04%
YTD
0.72%
6M
-7.55%
1Y
81.46%
3Y*
12.55%
5Y*
26.82%
10Y*
19.05%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FSLR Monthly Returns History

Based on dividend-adjusted daily data since Nov 17, 2006, FSLR's average daily return is +0.12%, while the average monthly return is +2.40%. At this rate, an investment would double in approximately 2.4 years.

Historically, 53% of months were positive and 47% were negative. The best month was Apr 2013 with a return of +72.7%, while the worst month was Sep 2011 at -36.8%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 7 months.

On a daily basis, FSLR closed higher 50% of trading days. The best single day was Apr 9, 2013 with a return of +45.5%, while the worst single day was Oct 25, 2011 at -25.3%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-13.67%-12.56%0.03%2.35%51.96%-14.24%0.72%
2025-4.95%-18.71%-7.16%-0.48%25.64%4.72%5.55%11.71%12.98%21.04%2.24%-4.28%48.22%
2024-15.08%5.19%9.69%4.44%54.15%-17.04%-4.20%5.27%9.71%-22.03%2.46%-11.56%2.30%
202318.57%-4.76%28.59%-16.06%11.16%-6.34%9.11%-8.81%-14.56%-11.84%10.76%9.19%15.01%
2022-10.07%-3.94%11.22%-12.79%-3.31%-3.51%45.56%28.62%3.70%10.06%18.52%-13.18%71.86%
20210.23%-18.29%7.75%-12.34%-0.55%18.92%-4.94%9.25%1.55%25.28%-13.37%-15.87%-11.89%

Benchmark Metrics

First Solar, Inc. has an annualized alpha of 17.34%, beta of 1.30, and R2 of 0.18 versus S&P 500 Index. Calculated based on daily prices since November 17, 2006.

  • This stock captured 169.43% of S&P 500 Index gains and 139.01% of its losses - amplifying both gains and losses, but participating more in upside than downside.
  • R2 of 0.18 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
17.34%
Beta
1.30
0.18
Upside Capture
169.43%
Downside Capture
139.01%

Return for Risk

Risk / Return Rank

FSLR ranks 78 for risk / return — better than 78% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


FSLR Risk / Return Rank: 7878
Overall Rank
FSLR Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
FSLR Sortino Ratio Rank: 7979
Sortino Ratio Rank
FSLR Omega Ratio Rank: 7878
Omega Ratio Rank
FSLR Calmar Ratio Rank: 7979
Calmar Ratio Rank
FSLR Martin Ratio Rank: 7676
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for First Solar, Inc. (FSLR) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


FSLRBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.55

Sortino ratioReturn per unit of downside risk

-0.62

Omega ratioGain probability vs. loss probability

1.27

1.37

-0.10

Calmar ratioReturn relative to maximum drawdown

2.33

2.78

-0.45

Martin ratioReturn relative to average drawdown

4.93

12.44

-7.51

Dividends

Dividend History


First Solar, Inc. doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the First Solar, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the First Solar, Inc. was 96.22%, occurring on Jun 1, 2012. Recovery took 3520 trading sessions.

The current First Solar, Inc. drawdown is 17.33%.


Related event

Drawdown

Fall

Recovery

Underwater

2012 bear market2012
-96.22%Jun 2012
4y 14d14y 5d
18y 19dMay 2008 - Jun 2026
Financial crisis2007–2009
-41.35%Jan 2008
27d2mo 23d
3mo 20dDec 2007 - Apr 2008
2007 bear market2007
-31.93%Aug 2007
16d1mo 16d
2mo 2dJul 2007 - Oct 2007
2026 bear market2026
-21.67%Jun 2026
6d
19d 19hJun 2026 - now
Financial crisis2007–2009
-20.82%Nov 2007
3d17d
20dNov 2007 - Nov 2007

Drawdown Indicators


FSLRBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-96.22%

-56.78%

-39.44%

Max Drawdown (1Y)

Largest decline over 1 year

-35.10%

-9.10%

-26.00%

Max Drawdown (3Y)

Largest decline over 3 years

-59.97%

-18.90%

-41.07%

Max Drawdown (5Y)

Largest decline over 5 years

-59.97%

-25.43%

-34.54%

Max Drawdown (10Y)

Largest decline over 10 years

-61.26%

-33.92%

-27.34%

Current Drawdown

Current decline from peak

-17.33%

-1.80%

-15.53%

Average Drawdown

Average peak-to-trough decline

-63.15%

-10.71%

-52.44%

Ulcer Index

Depth and duration of drawdowns from previous peaks

16.58%

2.03%

+14.55%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of First Solar, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how First Solar, Inc. is priced in the market compared to other companies in the Solar industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for FSLR, comparing it with other companies in the Solar industry. Currently, FSLR has a P/E ratio of 17.0. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.

PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for FSLR compared to other companies in the Solar industry. FSLR currently has a PEG ratio of 0.4. This PEG ratio is higher than the industry average, which may suggest the stock is overvalued relative to its expected earnings growth.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for FSLR relative to other companies in the Solar industry. Currently, FSLR has a P/S ratio of 5.2. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for FSLR in comparison with other companies in the Solar industry. Currently, FSLR has a P/B value of 2.9. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
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