Antero Midstream Corporation (AM) vs First Solar, Inc. (FSLR)
A side-by-side comparison of Antero Midstream Corporation and First Solar, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 23, 2026. Differences are shown without an overall score or investment verdict.
AM
Antero Midstream Corporation
$22.14EnergyAt close: Aug 21, 2026, 4:00 PM ET
FSLR
First Solar, Inc.
$214.28EnergyAt close: Aug 21, 2026, 4:00 PM ET
Total return — AM vs FSLR
growth of $100 · dividends reinvested · last 9yAM +45.4% (+4.2%/yr)FSLR +531.9% (+22.7%/yr)FSLR compounded faster over this window
AM FSLR
AM vs FSLR: by the numbers
- •FSLR is the larger company ($23.03B vs $10.51B market cap).
- •FSLR trades at the lower trailing earnings multiple (13.21 vs 26.36 P/E), one valuation lens rather than an overall verdict.
- •FSLR converts more revenue to profit (32.47% vs 30.45% net margin).
- •FSLR grew revenue faster over the past five years (12.62% vs 6.09% CAGR).
- •AM pays a dividend (4.07% yield), while FSLR has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | AM | FSLR |
|---|---|---|
| P/E ratio | 26.36 | 13.21 |
| Forward P/E | 20.29 | 12.30 |
| P/S ratio | 8.05 | 4.29 |
| P/B ratio | 5.43 | 2.24 |
| EV / EBITDA | 14.84 | 9.05 |
| FCF yield | 9.28% | 6.50% |
Profitability
| Metric | AM | FSLR |
|---|---|---|
| Gross margin | 62.92% | 44.02% |
| Operating margin | 56.05% | 33.65% |
| Net margin | 30.45% | 32.47% |
| ROE | 20.55% | 16.92% |
| ROIC | 8.64% | 15.30% |
Dividends
| Metric | AM | FSLR |
|---|---|---|
| Dividend yield | 4.07% | N/A |
| Payout ratio | 104.65% | N/A |
Growth (annualized)
| Metric | AM | FSLR |
|---|---|---|
| Revenue CAGR (5Y) | 6.09% | 12.62% |
| EPS CAGR (5Y) | N/A | 30.54% |
| FCF CAGR (5Y) | 9.87% | 49.80% |
| Total return CAGR (5Y) | 28.47% | 17.77% |
Frequently asked
- Which has the lower trailing P/E, AM or FSLR?
- FSLR has the lower trailing P/E: AM trades at 26.36 and FSLR at 13.21. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AM or FSLR?
- Over the past five years, FSLR grew revenue faster — AM at a 6.09% CAGR versus FSLR at 12.62%.
- Does AM or FSLR pay a bigger dividend?
- AM pays a dividend (4.07% yield), while FSLR has no payments in the available dividend history.
- Is AM or FSLR more profitable?
- FSLR runs the higher net margin — AM at 30.45% versus FSLR at 32.47%.
- How have AM and FSLR total returns compared?
- Over the past 5 years, AM delivered 28.47% and FSLR delivered 18.94% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Antero Midstream P/E ratioFirst Solar P/E ratioAntero Midstream dividend yieldAntero Midstream ROEFirst Solar ROEAntero Midstream operating marginFirst Solar operating marginAntero Midstream revenue growthFirst Solar revenue growthAntero Midstream free cash flowFirst Solar free cash flow
Antero Midstream & First Solar appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 23, 2026.