First Solar, Inc. P/E Ratio 2007–2025
First Solar, Inc. reported 18.38 of price-to-earnings ratio for fiscal 2025. That was 25.4% higher than fiscal 2024. Compared with fiscal 2020, the change was -30.7%. This is a fiscal-year-end price divided by diluted EPS—not a live valuation—and is omitted when annual EPS is not positive.
| Fiscal year | P/E Ratio | Change (YoY) |
|---|---|---|
| FY 2025 | 18.38 | +25.4% |
| FY 2024 | 14.66 | -34.1% |
| FY 2023 | 22.26 | — |
| FY 2022 | — | — |
| FY 2021 | 19.90 | -25.0% |
| FY 2020 | 26.52 | — |
| FY 2019 | — | — |
| FY 2018 | 31.22 | — |
| FY 2017 | — | — |
| FY 2016 | — | — |
| FY 2015 | 11.32 | -1.0% |
| FY 2014 | 11.44 | -23.2% |
| FY 2013 | 14.89 | — |
| FY 2012 | — | — |
| FY 2011 | — | — |
| FY 2010 | 16.95 | -5.8% |
| FY 2009 | 17.98 | -44.7% |
| FY 2008 | 32.54 | -75.3% |
| FY 2007 | 131.60 | — |
Source: First Solar, Inc. SEC filings — fiscal-year-end price ÷ diluted EPS. Computed deterministically; refreshed nightly (last updated August 2, 2026). Open FSLR 10-K filings at SEC EDGAR · Methodology · Download CSV.
How to read this history
First Solar, Inc. reported 18.38 of price-to-earnings ratio for fiscal 2025. That was 25.4% higher than fiscal 2024. Compared with fiscal 2020, the change was -30.7%. This is a fiscal-year-end price divided by diluted EPS—not a live valuation—and is omitted when annual EPS is not positive. Values remain missing when the cached filing does not disclose a comparable line item; they are never estimated. Stock splits, reorganizations and fiscal-calendar changes can reduce comparability.
Prepared and reviewed by the stockportfolio.pro research desk. Corrections: support@stockportfolio.pro.
See the full picture for First Solar, Inc.
Complete income statement, balance sheet and cash flow with trend on every row, 48 quarters, ratios, health checks, and Ask — the SEC-grounded research assistant.
Open the interactive view — freeFirst Solar, Inc. — frequently asked questions
What is First Solar, Inc.'s price-to-earnings ratio?
First Solar, Inc. (FSLR) reported price-to-earnings ratio of 18.38 for fiscal year 2025, per its SEC filings.
How has First Solar, Inc.'s price-to-earnings ratio changed over time?
Between fiscal 2007 and 2025, FSLR's price-to-earnings ratio declined at roughly 10.4% per year (compound annual rate), from 131.60 to 18.38.
Where does this data come from?
Figures are computed from First Solar, Inc.'s official SEC filings (fiscal-year-end price ÷ diluted EPS), refreshed nightly. Not investment advice.
More FSLR financial history
Full FSLR fundamentals page → · Analyze price-to-earnings ratio with a free tool → · Research guide & leaders → · All 1,500+ companies →