FSLR vs. DKS

Last updated Apr 1, 2026

Compare and contrast key facts about First Solar, Inc. (FSLR) and DICK'S Sporting Goods, Inc. (DKS).

Performance

FSLR vs. DKS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Solar, Inc. (FSLR) and DICK'S Sporting Goods, Inc. (DKS). The values are adjusted to include any dividend payments, if applicable.

FSLR vs. DKS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSLR First Solar, Inc.	-24.49%	48.22%	2.30%	15.01%	71.86%	-11.89%	76.77%	31.81%	-37.12%	110.41%
DKS DICK'S Sporting Goods, Inc.	0.82%	-11.45%	58.91%	25.94%	6.61%	116.67%	17.94%	63.22%	11.35%	-44.79%

Fundamentals

Market Cap FSLR : $21.24B DKS : $18.03B
EPS FSLR : $14.21 DKS : $1.52K
PE Ratio FSLR : 13.88 DKS : 0.13
PS Ratio FSLR : 4.06 DKS : 0.00
PB Ratio FSLR : 2.23 DKS : 0.00
Total Revenue (TTM) FSLR : $5.22B DKS : $6.24T
Gross Profit (TTM) FSLR : $2.12B DKS : $1.77T
EBITDA (TTM) FSLR : $2.00B DKS : $185.72B

Returns By Period

In the year-to-date period, FSLR achieves a -24.49% return, which is significantly lower than DKS's 0.82% return. Over the past 10 years, FSLR has underperformed DKS with an annualized return of 11.32%, while DKS has yielded a comparatively higher 18.70% annualized return.

FSLR

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

DKS

• 1D: 4.02%
• 1M: -1.99%
• YTD: 0.82%
• 6M: -9.68%
• 1Y: 0.77%
• 3Y*: 14.58%
• 5Y*: 23.84%
• 10Y*: 18.70%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

FSLR vs. DKS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSLR

FSLR Risk / Return Rank: 72
FSLR Sharpe Ratio Rank: 73
FSLR Sortino Ratio Rank: 71
FSLR Omega Ratio Rank: 70
FSLR Calmar Ratio Rank: 73
FSLR Martin Ratio Rank: 73

DKS

DKS Risk / Return Rank: 41
DKS Sharpe Ratio Rank: 42
DKS Sortino Ratio Rank: 39
DKS Omega Ratio Rank: 39
DKS Calmar Ratio Rank: 43
DKS Martin Ratio Rank: 42

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.

FSLR vs. DKS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Solar, Inc. (FSLR) and DICK'S Sporting Goods, Inc. (DKS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	FSLR	DKS	Difference
Sharpe ratio Return per unit of total volatility	0.88	0.02	+0.87
Sortino ratio Return per unit of downside risk	1.58	0.35	+1.23
Omega ratio Gain probability vs. loss probability	1.21	1.05	+0.16
Calmar ratio Return relative to maximum drawdown	1.57	0.03	+1.54
Martin ratio Return relative to average drawdown	3.83	0.06	+3.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FSLR vs. DKS - Sharpe Ratio Comparison

The current FSLR Sharpe Ratio is 0.88, which is higher than the DKS Sharpe Ratio of 0.02. The chart below compares the historical Sharpe Ratios of FSLR and DKS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FSLR	DKS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.88	0.02	+0.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.34	0.55	-0.21
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.23	0.41	-0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.50	-0.31

Correlation

The correlation between FSLR and DKS is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

FSLR vs. DKS - Dividend Comparison

FSLR has not paid dividends to shareholders, while DKS's dividend yield for the trailing twelve months is around 2.46%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSLR First Solar, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DKS DICK'S Sporting Goods, Inc.	2.46%	2.45%	1.92%	2.72%	1.62%	6.17%	2.22%	2.22%	2.88%	2.37%	1.14%	1.56%

Drawdowns

FSLR vs. DKS - Drawdown Comparison

The maximum FSLR drawdown since its inception was -96.22%, which is greater than DKS's maximum drawdown of -73.33%. Use the drawdown chart below to compare losses from any high point for FSLR and DKS.

Drawdown Indicators

	FSLR	DKS	Difference
Max Drawdown Largest peak-to-trough decline	-96.22%	-73.33%	-22.89%
Max Drawdown (1Y) Largest decline over 1 year	-35.10%	-21.28%	-13.82%
Max Drawdown (5Y) Largest decline over 5 years	-59.97%	-48.79%	-11.18%
Max Drawdown (10Y) Largest decline over 10 years	-61.26%	-70.82%	+9.56%
Current Drawdown Current decline from peak	-36.60%	-18.30%	-18.30%
Average Drawdown Average peak-to-trough decline	-63.60%	-18.03%	-45.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.34%	10.20%	+4.14%

Volatility

FSLR vs. DKS - Volatility Comparison

First Solar, Inc. (FSLR) has a higher volatility of 11.39% compared to DICK'S Sporting Goods, Inc. (DKS) at 7.31%. This indicates that FSLR's price experiences larger fluctuations and is considered to be riskier than DKS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSLR	DKS	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.39%	7.31%	+4.08%
Volatility (6M) Calculated over the trailing 6-month period	39.09%	24.11%	+14.98%
Volatility (1Y) Calculated over the trailing 1-year period	63.72%	43.72%	+20.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.41%	43.81%	+9.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.36%	45.31%	+5.05%

Financials

FSLR vs. DKS - Profitability Comparison

The chart below illustrates the profitability comparison between First Solar, Inc. and DICK'S Sporting Goods, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

FSLR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, First Solar, Inc. reported a gross profit of 665.34M and revenue of 1.68B. Therefore, the gross margin over that period was 39.5%.

DKS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, DICK'S Sporting Goods, Inc. reported a gross profit of 1.77T and revenue of 6.23T. Therefore, the gross margin over that period was 28.4%.

FSLR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, First Solar, Inc. reported an operating income of 547.92M and revenue of 1.68B, resulting in an operating margin of 32.6%.

DKS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, DICK'S Sporting Goods, Inc. reported an operating income of 184.51B and revenue of 6.23T, resulting in an operating margin of 3.0%.

FSLR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, First Solar, Inc. reported a net income of 520.88M and revenue of 1.68B, resulting in a net margin of 31.0%.

DKS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, DICK'S Sporting Goods, Inc. reported a net income of 128.34B and revenue of 6.23T, resulting in a net margin of 2.1%.