First Solar, Inc. logo

First Solar, Inc.

FSLR
EnergyNASDAQUnited States
189.30USD-0.62 (-0.32%)

About First Solar

First Solar, Inc. provides photovoltaic (PV) solar energy solutions in the United States, Japan, France, Canada, India, Australia, and other international markets.

The company designs, manufactures, and sells cadmium telluride (CdTe) solar modules that convert sunlight into electricity.

First Solar serves a range of customers, including:

  • Utility companies

  • Independent power producers

  • System developers and operators

  • Commercial and industrial companies

  • Other system owners

Originally known as First Solar Holdings, Inc., the company changed its name to First Solar, Inc. in 2006.

Founded in 1999, First Solar is headquartered in Tempe, Arizona.

First Solar's Business Strategy

​First Solar, Inc. is a U.S.-based solar technology company specializing in the design, manufacture, and sale of photovoltaic (PV) solar modules, primarily for utility-scale applications. The company differentiates itself through its use of cadmium telluride (CdTe) thin-film semiconductor technology, which offers advantages over traditional silicon-based…

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Our Take on First Solar

Pros:

Strong Financials: First Solar has a solid balance sheet, helping it survive industry downturns that forced many rivals to exit.

Unique Technology: Its thin-film solar panels use cadmium telluride (CdTe), which is different from most competitors and allows for simpler manufacturing and supply…

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Company Details

Exchange
NASDAQ
Country
United States
Sector
Energy
Industry
Solar
CEO
Mark R. Widmar
Employees
8,100
IPO Date
2006-11-17
ISIN
US3364331070
Website
firstsolar.com

Key Metrics

Market Cap
20.31BUSD
P/E Ratio (TTM)
13.34
Net Profit Margin
29.28%
Debt / Asset Ratio
0.04
Dividend Yield (TTM)
0.00%
Volume
350,221
Avg Volume
2.36M
Shares Outstanding
107.31M
Free Float
94.51%
β Beta
1.63
52W Range
116.6 - 286.0

Fundamental Analysis

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Section Scores

Profitability
4.1/5Good
Liquidity
5.0/5Excellent
Leverage
5.0/5Excellent
Cash Flow
4.0/5Good
Valuation
4.0/5Good

Full Breakdown & Peer Ranking

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