FSLR vs. NXT
Compare and contrast key facts about First Solar, Inc. (FSLR) and Nextracker Inc (NXT).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSLR or NXT.
Correlation
The correlation between FSLR and NXT is 0.39, 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.
Performance
FSLR vs. NXT - Performance Comparison
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Key characteristics
FSLR:
-0.13
NXT:
0.55
FSLR:
0.38
NXT:
1.46
FSLR:
1.04
NXT:
1.16
FSLR:
-0.07
NXT:
0.78
FSLR:
-0.12
NXT:
1.22
FSLR:
37.72%
NXT:
31.02%
FSLR:
63.87%
NXT:
65.18%
FSLR:
-96.22%
NXT:
-48.61%
FSLR:
-42.64%
NXT:
-3.70%
Fundamentals
FSLR:
$19.97B
NXT:
$9.09B
FSLR:
$11.77
NXT:
$3.47
FSLR:
15.82
NXT:
17.75
FSLR:
0.45
NXT:
5.39
FSLR:
4.69
NXT:
3.07
FSLR:
2.44
NXT:
5.44
FSLR:
$4.26B
NXT:
$2.03B
FSLR:
$1.85B
NXT:
$703.14M
FSLR:
$1.73B
NXT:
$473.26M
Returns By Period
In the year-to-date period, FSLR achieves a 1.26% return, which is significantly lower than NXT's 62.36% return.
FSLR
1.26%
43.48%
-6.30%
-8.30%
35.39%
12.47%
NXT
62.36%
49.32%
61.17%
35.38%
N/A
N/A
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Risk-Adjusted Performance
FSLR vs. NXT — Risk-Adjusted Performance Rank
FSLR
NXT
FSLR vs. NXT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Solar, Inc. (FSLR) and Nextracker Inc (NXT). 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. NXT - Dividend Comparison
Neither FSLR nor NXT has paid dividends to shareholders.
Drawdowns
FSLR vs. NXT - Drawdown Comparison
The maximum FSLR drawdown since its inception was -96.22%, which is greater than NXT's maximum drawdown of -48.61%. Use the drawdown chart below to compare losses from any high point for FSLR and NXT. For additional features, visit the drawdowns tool.
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Volatility
FSLR vs. NXT - Volatility Comparison
First Solar, Inc. (FSLR) has a higher volatility of 29.07% compared to Nextracker Inc (NXT) at 18.68%. This indicates that FSLR's price experiences larger fluctuations and is considered to be riskier than NXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
FSLR vs. NXT - Financials Comparison
This section allows you to compare key financial metrics between First Solar, Inc. and Nextracker 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. NXT - 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%.
NXT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Nextracker Inc reported a gross profit of 240.90M and revenue of 679.36M. Therefore, the gross margin over that period was 35.5%.
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%.
NXT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Nextracker Inc reported an operating income of 150.24M and revenue of 679.36M, resulting in an operating margin of 22.1%.
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%.
NXT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Nextracker Inc reported a net income of 115.28M and revenue of 679.36M, resulting in a net margin of 17.0%.