Wednesday, June 24, 2026
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The Chain Gazette · ResearchEnergyNASDAQ NMS - GLOBAL MARKETFull writeup
$249.24-5.27%as of 10:38 PM ET

FSLRFirst Solar, Inc.

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

Coiled

1

52w range compression, breakout-adjusted

Watched

36

7-day news volume + tape quietness

Sound

98

Margins, growth, FCF composite

Critical

88

Supply-chain concentration × demand

Pressure

53

Pricing Power

41.7%

Inflating

CHAIN-D scores pending — refresh after next quarterly run.

Numbers on the wire.

Market cap

$26.8B

P/E (TTM)

16.65

P/S (TTM)

5.12

EV / EBITDA

15.49

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

1.76

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.