First Solar Overview
- Year Founded
-
1999
- Status
-
Public
- Employees
-
6,700
- Stock Symbol
-
FSLR
- Investments
-
33
- Share Price
-
$228.79
- (As of Friday Closing)
First Solar General Information
Description
First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.
Contact Information
Website
www.firstsolar.comCorporate Office
- 350 West Washington Street
- Suite 600
- Tempe, AZ 85288
- United States
Corporate Office
- 350 West Washington Street
- Suite 600
- Tempe, AZ 85288
- United States
First Solar Stock Performance
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $228.79 | $235.95 | $129.22 - $306.77 | $24.5B | 107M | 2.37M | $11.26 |
First Solar Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 22,824,987 | 17,127,965 | 14,354,480 | 7,811,175 |
| Revenue | 3,764,233 | 3,318,602 | 2,619,319 | 2,923,377 |
| EBITDA | 1,586,265 | 1,127,088 | 243,339 | 823,190 |
| Net Income | 1,203,609 | 830,777 | (44,166) | 468,693 |
| Total Assets | 11,014,255 | 10,365,132 | 8,251,228 | 7,413,746 |
| Total Debt | 621,934 | 624,389 | 234,131 | 398,594 |
First Solar Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
First Solar Comparisons
Industry
Financing
Details
000000
000000
First Solar Competitors (36)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Solaredge Technologies | Formerly VC-backed | Herzliya, Israel | 0000 | 00.000 | 000000000 | 00.000 |
| Canadian Solar | Pending Transaction (Debt) | Guelph, Canada | 00000 | 00000 | 000000000 | 00000 |
| NanoFlex Power | Corporation | Scottsdale, AZ | 0 | 000.00 | 0000000000 | 000.00 |
| Heliatek | Venture Capital-Backed | Dresden, Germany | 000 | 00000 | 000000 - 000 | 00000 |
| Belectric (Alternative Energy Equipment) | Corporate Backed or Acquired | Kolitzheim, Germany | 000 | 000000&0 |
First Solar Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
First Solar Patents
First Solar Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-D1035565-S1 | Deformable fastener for photovoltaic devices | Active | 13-Oct-2022 | ||
| EP-4306674-A1 | Method of preparing perovskite structures | Pending | 15-Jul-2022 | 000000000 | 0 |
| EP-4416763-A1 | Materials and methods for tandem photovoltaic devices | Pending | 10-Nov-2021 | 0000000000 | |
| EP-4423817-A1 | Bifacial enhancement layers and photovoltaic devices including the same | Pending | 26-Oct-2021 | 00000000000 | |
| US-20240188407-A1 | Methods for purifying perovskite precursors and improved perovskites manufactured therefrom | Pending | 06-Apr-2021 | H10K71/311 |
First Solar Executive Team (33)
| Name | Title | Board Seat |
|---|---|---|
| Mark Widmar | Chief Executive Officer & Board Member | |
| Alexander Bradley | Chief Financial Officer, Finance | |
| Markus Gloeckler | Chief Technology Officer, Technology | |
| Byron Jeffers | Chief Accounting Officer, Accounting | |
| Georges Antoun | Executive |
First Solar Board Members (17)
| Name | Representing | Role | Since |
|---|---|---|---|
| 00000 000000 | Self | Board Member | 000 0000 |
| 000000 000000 | Self | Board Member | 000 0000 |
| 0000 000 | Self | Board Member | 000 0000 |
| 0000 000000 | First Solar | Chief Executive Officer & Board Member | 000 0000 |
| 0000000 000000 00 | Self | Chairman & Board Member | 000 0000 |
First Solar Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
First Solar Investments & Acquisitions (33)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Peloton Output Park | 18-Jan-2024 | 000000000 | 0000 | Buildings and Property | 0000000 0 |
| Evolar | 12-May-2023 | 0000000000 | 0000 | Alternative Energy Equipment | 0000 0000 |
| CubicPV | 28-Jun-2021 | 00000 0000 | 0000 | Alternative Energy Equipment | |
| 1366 Technologies | 17-Dec-2019 | 00000 0000 | 000.00 | Application Specific Semiconductors | |
| Solar Choice (2 Gigawatt Bulli Creek Solar Park Project in Queensland, Australia) | 01-Dec-2016 | Corporate Asset Purchase | Other Energy |
First Solar ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
17.31 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
00.00
Management
Management is related to actions taken to manage ESG issues
00.00
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
00 of 16,009
Rank
Percentile
Semiconductors
Industry
00 of 370
Rank
Percentile
Semiconductor Design and Manufacturing
Subindustry
00 of 243
Rank
Percentile
First Solar Exits (13)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| 1366 Technologies | 17-Dec-2019 | 00000 00000 | 000.00 | Completed |
|
| Solar Choice (2 Gigawatt Bulli Creek Solar Park Project in Queensland, Australia) | 01-Dec-2016 | 000000000 00 | Completed |
|
|
| Younicos | 07-Dec-2015 | 00 000000000 | 000.00 | Completed |
|
| 8point3 Energy Partners | 01-Mar-2015 | 00000 000000 | Completed |
|
|
| First Solar (California Flats Solar Project) | 10-Feb-2015 | Corporate Asset Purchase | Completed |
|
First Solar FAQs
-
When was First Solar founded?
First Solar was founded in 1999.
-
Who is the CEO of First Solar?
Mark Widmar is the CEO of First Solar.
-
Where is First Solar headquartered?
First Solar is headquartered in Tempe, AZ.
-
What is the size of First Solar?
First Solar has 6,700 total employees.
-
What industry is First Solar in?
First Solar’s primary industry is Alternative Energy Equipment.
-
Is First Solar a private or public company?
First Solar is a Public company.
-
What is First Solar’s stock symbol?
The ticker symbol for First Solar is FSLR.
-
What is the current stock price of First Solar?
As of 13-Sep-2024 the stock price of First Solar is $228.79.
-
What is the current market cap of First Solar?
The current market capitalization of First Solar is $24.5B.
-
What is First Solar’s current revenue?
The trailing twelve month revenue for First Solar is $3.76B.
-
Who are First Solar’s competitors?
Solaredge Technologies, Canadian Solar, NanoFlex Power, Heliatek, and Belectric (Alternative Energy Equipment) are some of the 36 competitors of First Solar.
-
What is First Solar’s annual earnings per share (EPS)?
First Solar’s EPS for 12 months was $11.26.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
