First Solar Debt to Equity Ratio 2012-2026 | FSLR
Current and historical debt to equity ratio values for First Solar (FSLR) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. First Solar debt/equity for the three months ending March 31, 2026 was 0.03.
| First Solar Debt/Equity Ratio Historical Data | |||
|---|---|---|---|
| Date | Long Term Debt | Shareholder's Equity | Debt to Equity Ratio |
| 2026-03-31 | $3.47B | $9.88B | 0.35 |
| 2025-12-31 | $3.78B | $9.54B | 0.40 |
| 2025-09-30 | $4.44B | $9.02B | 0.49 |
| 2025-06-30 | $4.31B | $8.55B | 0.51 |
| 2025-03-31 | $3.93B | $8.19B | 0.48 |
| 2024-12-31 | $4.15B | $7.98B | 0.52 |
| 2024-09-30 | $3.84B | $7.59B | 0.51 |
| 2024-06-30 | $3.76B | $7.26B | 0.52 |
| 2024-03-31 | $3.86B | $6.90B | 0.56 |
| 2023-12-31 | $3.68B | $6.69B | 0.55 |
| 2023-09-30 | $3.28B | $6.30B | 0.52 |
| 2023-06-30 | $2.96B | $6.04B | 0.49 |
| 2023-03-31 | $2.70B | $5.87B | 0.46 |
| 2022-12-31 | $2.42B | $5.84B | 0.41 |
| 2022-09-30 | $1.66B | $5.83B | 0.29 |
| 2022-06-30 | $1.52B | $5.90B | 0.26 |
| 2022-03-31 | $1.52B | $5.88B | 0.26 |
| 2021-12-31 | $1.45B | $5.96B | 0.24 |
| 2021-09-30 | $1.44B | $5.83B | 0.25 |
| 2021-06-30 | $1.47B | $5.78B | 0.25 |
| 2021-03-31 | $1.41B | $5.70B | 0.25 |
| 2020-12-31 | $1.59B | $5.52B | 0.29 |
| 2020-09-30 | $1.59B | $5.40B | 0.29 |
| 2020-06-30 | $1.85B | $5.23B | 0.35 |
| 2020-03-31 | $1.78B | $5.17B | 0.34 |
| 2019-12-31 | $2.42B | $5.10B | 0.48 |
| 2019-09-30 | $1.87B | $5.18B | 0.36 |
| 2019-06-30 | $2.00B | $5.14B | 0.39 |
| 2019-03-31 | $2.13B | $5.13B | 0.42 |
| 2018-12-31 | $1.91B | $5.21B | 0.37 |
| 2018-09-30 | $1.92B | $5.17B | 0.37 |
| 2018-06-30 | $1.92B | $5.11B | 0.38 |
| 2018-03-31 | $1.68B | $5.16B | 0.33 |
| 2017-12-31 | $1.77B | $5.10B | 0.35 |
| 2017-09-30 | $1.54B | $5.51B | 0.28 |
| 2017-06-30 | $1.39B | $5.29B | 0.26 |
| 2017-03-31 | $1.38B | $5.23B | 0.26 |
| 2016-12-31 | $1.61B | $5.22B | 0.31 |
| 2016-09-30 | $2.14B | $5.95B | 0.36 |
| 2016-06-30 | $1.74B | $5.81B | 0.30 |
| 2016-03-31 | $1.84B | $5.74B | 0.32 |
| 2015-12-31 | $1.77B | $5.55B | 0.32 |
| 2015-09-30 | $1.67B | $5.39B | 0.31 |
| 2015-06-30 | $1.76B | $5.04B | 0.35 |
| 2015-03-31 | $1.69B | $4.99B | 0.34 |
| 2014-12-31 | $1.73B | $4.99B | 0.35 |
| 2014-09-30 | $1.65B | $4.79B | 0.34 |
| 2014-06-30 | $1.94B | $4.67B | 0.42 |
| 2014-03-31 | $1.74B | $4.63B | 0.38 |
| 2013-12-31 | $2.38B | $4.50B | 0.53 |
| 2013-09-30 | $2.44B | $4.42B | 0.55 |
| 2013-06-30 | $2.71B | $4.16B | 0.65 |
| 2013-03-31 | $2.62B | $3.67B | 0.71 |
| 2012-12-31 | $2.74B | $3.61B | 0.76 |
| 2012-09-30 | $2.52B | $3.46B | 0.73 |
| 2012-06-30 | $2.13B | $3.36B | 0.63 |
| 2012-03-31 | $2.57B | $3.21B | 0.80 |
| 2011-12-31 | $2.13B | $3.64B | 0.59 |
| 2011-09-30 | $1.70B | $4.03B | 0.42 |
| 2011-06-30 | $1.26B | $3.68B | 0.34 |
| 2011-03-31 | $0.87B | $3.57B | 0.24 |
| 2010-12-31 | $0.93B | $3.46B | 0.27 |
| 2010-09-30 | $0.90B | $3.30B | 0.27 |
| 2010-06-30 | $0.62B | $3.01B | 0.21 |
| 2010-03-31 | $0.63B | $2.85B | 0.22 |
| 2009-12-31 | $0.70B | $2.65B | 0.26 |
| 2009-09-30 | $0.64B | $2.46B | 0.26 |
| 2009-06-30 | $0.63B | $2.29B | 0.27 |
| 2009-03-31 | $0.58B | $1.71B | 0.34 |
| 2008-12-31 | $0.60B | $1.51B | 0.40 |
| 2008-09-30 | $0.48B | $1.39B | 0.34 |
| 2008-06-30 | $0.43B | $1.25B | 0.34 |
| 2008-03-31 | $0.33B | $1.15B | 0.28 |
| 2007-12-31 | $0.27B | $1.10B | 0.25 |
| 2007-09-30 | $0.20B | $0.98B | 0.20 |
| 2007-06-30 | $0.24B | $0.48B | 0.50 |
| 2007-03-31 | $0.24B | $0.38B | 0.62 |
| 2006-12-31 | $0.17B | $0.41B | 0.41 |
| 2006-09-30 | $0.00B | 0.00 | |
| 2006-06-30 | $0.00B | 0.00 | |
| 2006-03-31 | $0.00B | 0.00 | |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Oils/Energy | Solar Equipment and Services | $21.863B | $5.219B |
| First Solar, Inc. is a leading global provider of comprehensive PV solar energy solutions and specializes in designing, manufacturing, and selling solar electric power modules using a proprietary thin-film semiconductor technology. The company's solar modules employ a thin layer of cadmium telluride semiconductor material to convert sunlight into electricity. It sells its products to project developers, system integrators and renewable energy project operators primarily in Europe and Germany in particular. First Solar also engages in designing and deploying commercial solar projects for utilities. The company also develops and sells PV solar power systems that primarily use the modules it manufactures. Additionally, it provides operations and maintenance services to system owners. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| Nextracker (NXT) | United States | $17.516B | 29.57 |
| Enphase Energy (ENPH) | United States | $4.110B | 21.21 |
| Sunrun (RUN) | United States | $3.114B | 7.77 |
| SolarEdge Technologies (SEDG) | Israel | $2.521B | 0.00 |
| DAQO New Energy (DQ) | China | $1.388B | 0.00 |
| T1 Energy Inc (TE) | United States | $1.309B | 0.00 |
| JinkoSolar Holding (JKS) | China | $1.183B | 0.00 |
| Shoals Technologies (SHLS) | United States | $1.169B | 22.52 |
| Array Technologies (ARRY) | United States | $1.096B | 12.35 |
| Canadian Solar (CSIQ) | Canada | $0.846B | 0.00 |
| TOYO (TOYO) | Japan | $0.429B | 0.00 |
| Tigo Energy (TYGO) | United States | $0.275B | 0.00 |
| CSLM Acquisition (SPWR) | United States | $0.130B | 0.00 |
| Emeren Group (SOL) | United States | $0.100B | 0.00 |
| FTC Solar (FTCI) | United States | $0.055B | 0.00 |
| Ascent Solar Technologies (ASTI) | United States | $0.034B | 0.00 |
| Solarmax Technology (SMXT) | United States | $0.032B | 0.00 |
| Maxeon Solar Technologies (MAXN) | Singapore | $0.029B | 0.00 |
| Vivopower Plc (VVPR) | United Kingdom | $0.026B | 0.00 |
| Skycorp Solar Group (PN) | $0.005B | 0.00 | |
| Founder Group (FGL) | $0.002B | 0.00 | |
| ForceField Energy (FNRG) | United States | $0.000B | 0.00 |