FSLR vs. ELV
Compare and contrast key facts about First Solar, Inc. (FSLR) and Elevance Health Inc (ELV).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSLR or ELV.
Correlation
The correlation between FSLR and ELV is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FSLR vs. ELV - Performance Comparison
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Key characteristics
FSLR:
-0.47
ELV:
-0.87
FSLR:
-0.40
ELV:
-1.08
FSLR:
0.96
ELV:
0.86
FSLR:
-0.45
ELV:
-0.68
FSLR:
-0.74
ELV:
-1.13
FSLR:
37.29%
ELV:
20.84%
FSLR:
58.50%
ELV:
27.49%
FSLR:
-96.22%
ELV:
-67.19%
FSLR:
-54.79%
ELV:
-27.23%
Fundamentals
FSLR:
$14.00B
ELV:
$92.63B
FSLR:
$11.77
ELV:
$25.71
FSLR:
11.09
ELV:
15.95
FSLR:
0.29
ELV:
0.74
FSLR:
3.20
ELV:
0.51
FSLR:
1.71
ELV:
2.18
FSLR:
$4.26B
ELV:
$183.12B
FSLR:
$1.85B
ELV:
$114.62B
FSLR:
$1.73B
ELV:
$10.09B
Returns By Period
In the year-to-date period, FSLR achieves a -20.18% return, which is significantly lower than ELV's 10.13% return. Over the past 10 years, FSLR has underperformed ELV with an annualized return of 9.66%, while ELV has yielded a comparatively higher 11.36% annualized return.
FSLR
-20.18%
8.52%
-27.46%
-27.34%
26.15%
9.66%
ELV
10.13%
-7.14%
-3.47%
-23.80%
9.46%
11.36%
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Risk-Adjusted Performance
FSLR vs. ELV — Risk-Adjusted Performance Rank
FSLR
ELV
FSLR vs. ELV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Solar, Inc. (FSLR) and Elevance Health Inc (ELV). 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.
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Dividends
FSLR vs. ELV - Dividend Comparison
FSLR has not paid dividends to shareholders, while ELV's dividend yield for the trailing twelve months is around 1.63%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
ELV Elevance Health Inc | 1.63% | 1.77% | 1.26% | 1.00% | 0.98% | 1.18% | 1.06% | 1.14% | 1.20% | 1.81% | 1.79% | 1.39% |
Drawdowns
FSLR vs. ELV - Drawdown Comparison
The maximum FSLR drawdown since its inception was -96.22%, which is greater than ELV's maximum drawdown of -67.19%. Use the drawdown chart below to compare losses from any high point for FSLR and ELV. For additional features, visit the drawdowns tool.
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Volatility
FSLR vs. ELV - Volatility Comparison
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Financials
FSLR vs. ELV - Financials Comparison
This section allows you to compare key financial metrics between First Solar, Inc. and Elevance Health Inc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
FSLR vs. ELV - Profitability Comparison
FSLR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, First Solar, Inc. reported a gross profit of 344.40M and revenue of 844.57M. Therefore, the gross margin over that period was 40.8%.
ELV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Elevance Health Inc reported a gross profit of 43.91B and revenue of 48.89B. Therefore, the gross margin over that period was 89.8%.
FSLR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, First Solar, Inc. reported an operating income of 221.24M and revenue of 844.57M, resulting in an operating margin of 26.2%.
ELV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Elevance Health Inc reported an operating income of 3.14B and revenue of 48.89B, resulting in an operating margin of 6.4%.
FSLR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, First Solar, Inc. reported a net income of 209.54M and revenue of 844.57M, resulting in a net margin of 24.8%.
ELV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Elevance Health Inc reported a net income of 2.18B and revenue of 48.89B, resulting in a net margin of 4.5%.