TPIC vs. FSLR
Compare and contrast key facts about TPI Composites, Inc. (TPIC) and First Solar, Inc. (FSLR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TPIC or FSLR.
Correlation
The correlation between TPIC and FSLR is 0.44, 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
TPIC vs. FSLR - Performance Comparison
Loading data...
Key characteristics
TPIC:
-0.49
FSLR:
-0.26
TPIC:
-0.56
FSLR:
0.12
TPIC:
0.94
FSLR:
1.01
TPIC:
-0.74
FSLR:
-0.23
TPIC:
-1.25
FSLR:
-0.37
TPIC:
58.34%
FSLR:
37.82%
TPIC:
144.03%
FSLR:
64.42%
TPIC:
-99.13%
FSLR:
-96.22%
TPIC:
-98.54%
FSLR:
-46.99%
Fundamentals
TPIC:
$55.95M
FSLR:
$19.14B
TPIC:
-$4.15
FSLR:
$11.78
TPIC:
0.76
FSLR:
0.43
TPIC:
0.04
FSLR:
4.50
TPIC:
4.98
FSLR:
2.34
TPIC:
$1.37B
FSLR:
$4.26B
TPIC:
-$39.27M
FSLR:
$1.85B
TPIC:
-$70.11M
FSLR:
$1.73B
Returns By Period
In the year-to-date period, TPIC achieves a -39.15% return, which is significantly lower than FSLR's -6.42% return.
TPIC
-39.15%
58.60%
-44.17%
-70.89%
-56.61%
-43.86%
N/A
FSLR
-6.42%
28.86%
-15.67%
-16.53%
35.86%
30.28%
11.59%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
TPIC vs. FSLR — Risk-Adjusted Performance Rank
TPIC
FSLR
TPIC vs. FSLR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TPI Composites, Inc. (TPIC) and First Solar, Inc. (FSLR). 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.
Loading data...
Dividends
TPIC vs. FSLR - Dividend Comparison
Neither TPIC nor FSLR has paid dividends to shareholders.
Drawdowns
TPIC vs. FSLR - Drawdown Comparison
The maximum TPIC drawdown since its inception was -99.13%, roughly equal to the maximum FSLR drawdown of -96.22%. Use the drawdown chart below to compare losses from any high point for TPIC and FSLR. For additional features, visit the drawdowns tool.
Loading data...
Volatility
TPIC vs. FSLR - Volatility Comparison
The current volatility for TPI Composites, Inc. (TPIC) is 27.19%, while First Solar, Inc. (FSLR) has a volatility of 30.57%. This indicates that TPIC experiences smaller price fluctuations and is considered to be less risky than FSLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...
Financials
TPIC vs. FSLR - Financials Comparison
This section allows you to compare key financial metrics between TPI Composites, Inc. and First Solar, 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
TPIC vs. FSLR - Profitability Comparison
TPIC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, TPI Composites, Inc. reported a gross profit of -13.95M and revenue of 336.16M. Therefore, the gross margin over that period was -4.2%.
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%.
TPIC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, TPI Composites, Inc. reported an operating income of -22.79M and revenue of 336.16M, resulting in an operating margin of -6.8%.
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%.
TPIC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, TPI Composites, Inc. reported a net income of -48.31M and revenue of 336.16M, resulting in a net margin of -14.4%.
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%.