Tuesday, July 21, 2026
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The Chain Gazette · ResearchEnergyNASDAQ NMS - GLOBAL MARKETFull writeup
$207.27+0.95%as of 12:08 PM ET

FSLRFirst Solar, Inc.

Leader in thin-film CdTe solar technology; dominant in US utility-scale projects; domestic manufacturing.

Coiled

0

52w range compression, breakout-adjusted

Watched

90

7-day news volume + tape quietness

Sound

98

Margins, growth, FCF composite

Critical

88

Supply-chain concentration × demand

Pressure

64

Pricing Power

41.7%

Filling fast

Numbers on the wire.

Market cap

$22.1B

P/E (TTM)

13.52

P/S (TTM)

4.15

EV / EBITDA

12.36

Gross margin

41.74%

Op margin

31.76%

Net margin

30.73%

FCF margin

Rev growth YoY

27.30%

EPS growth YoY

31.57%

ROE

18.01%

ROA

12.57%

Debt / Equity

0.05

Current ratio

2.56

Price / Book

2.15

Beta

1.79

Layer Presence.

Differentiated thin-film technology; IRA domestic content requirements create moat; sole-source glass supplier (Vitro); benefits from US tariff protection vs Chinese crystalline silicon.

From the EDGAR wire.

From the tape.