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First Solar, Inc. (FSLR)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

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

Highlights

Market Cap
$21.24B
Enterprise Value
$19.15B
EPS (TTM)
$14.21
PE Ratio
13.88
PEG Ratio
0.33
Total Revenue (TTM)
$5.22B
Gross Profit (TTM)
$2.12B
EBITDA (TTM)
$2.00B
Year Range
$116.56 - $285.99
Target Price
$280.71
ROA (TTM)
11.47%
ROE (TTM)
16.02%

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in First Solar, Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

First Solar, Inc. (FSLR) has returned -24.49% so far this year and 56.02% over the past 12 months. Over the last ten years, FSLR has returned 11.32% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


First Solar, Inc.

1D
6.80%
1M
0.03%
YTD
-24.49%
6M
-10.55%
1Y
56.02%
3Y*
-3.20%
5Y*
18.02%
10Y*
11.32%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Nov 17, 2006, FSLR's average daily return is +0.11%, while the average monthly return is +2.25%. At this rate, your investment would double in approximately 2.6 years.

Historically, 52% of months were positive and 48% 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%-24.49%
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 16.67%, beta of 1.29, and R² of 0.18 versus S&P 500 Index. Calculated based on daily prices since November 20, 2006.

  • This stock captured 158.43% of S&P 500 Index gains and 134.13% 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
16.67%
Beta
1.29
0.18
Upside Capture
158.43%
Downside Capture
134.13%

Return for Risk

Risk / Return Rank

FSLR ranks 70 for risk / return — better than 70% 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: 7070
Overall Rank
FSLR Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
FSLR Sortino Ratio Rank: 6969
Sortino Ratio Rank
FSLR Omega Ratio Rank: 6868
Omega Ratio Rank
FSLR Calmar Ratio Rank: 7171
Calmar Ratio Rank
FSLR Martin Ratio Rank: 7171
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 a chosen benchmark (S&P 500 Index).


FSLRBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.88

0.90

-0.01

Sortino ratio

Return per unit of downside risk

1.58

1.39

+0.20

Omega ratio

Gain probability vs. loss probability

1.21

1.21

0.00

Calmar ratio

Return relative to maximum drawdown

1.57

1.40

+0.17

Martin ratio

Return relative to average drawdown

3.83

6.61

-2.77

Explore FSLR risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

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. The portfolio has not yet recovered.

The current First Solar, Inc. drawdown is 36.60%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-96.22%May 19, 20081019Jun 1, 2012
-41.35%Dec 27, 200718Jan 23, 200857Apr 15, 200875
-31.93%Jul 31, 200713Aug 16, 200731Oct 1, 200744
-20.82%Nov 9, 20072Nov 12, 200712Nov 29, 200714
-15.24%Apr 17, 200711May 1, 20073May 4, 200714

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 13.9. 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 0.3. 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 4.1. 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 2.2. 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