Tuesday, September 22, 2026
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The Chain Gazette · ResearchEnergyNASDAQ NMS - GLOBAL MARKETFull writeup
$199.75-0.04%as of 10:48 AM 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

99

Margins, growth, FCF composite

Critical

88

Supply-chain concentration × demand

Pressure

64

Pricing Power

44.0%

Filling fast

Numbers on the wire.

Market cap

$21.5B

P/E (TTM)

11.98

P/S (TTM)

3.89

EV / EBITDA

12.87

Gross margin

44.02%

Op margin

33.65%

Net margin

32.47%

FCF margin

Rev growth YoY

23.82%

EPS growth YoY

38.70%

ROE

18.02%

ROA

13.05%

Debt / Equity

0.01

Current ratio

2.52

Price / Book

2.46

Beta

1.75

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.