APA Corporation (APA) vs First Solar, Inc. (FSLR)
APA leads on 11 of 16 compared metrics.
A side-by-side comparison of APA Corporation and First Solar, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 26, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — APA vs FSLR
growth of $100 · last 20yAPA -49.0%FSLR +905.0%FSLR compounded faster
Log scale — wide-divergence pair
APA FSLR
APA vs FSLR: by the numbers
- •FSLR is the larger company ($26.72B vs $11.81B market cap).
- •APA trades at the lower earnings multiple (7.79 vs 16.06 P/E).
- •FSLR converts more revenue to profit (30.73% vs 17.80% net margin).
- •FSLR grew revenue faster over the past five years (12.69% vs 11.66% CAGR).
- •APA pays a dividend (2.99% yield) while FSLR does not currently pay one.
Which is better, APA or FSLR?
Metric tally: APA 11 · FSLR 5It depends on what you're optimizing for:
ValueAPA(lower P/E)
GrowthFSLR(faster 5Y revenue CAGR)
QualityFSLR(higher ROIC)
Metrics side by side
Valuation
| Metric | APA | FSLR |
|---|---|---|
| P/E ratio | 7.79● | 16.06 |
| Forward P/E | 7.81● | 10.33 |
| P/S ratio | 1.37● | 4.94 |
| P/B ratio | 1.83● | 2.71 |
| PEG ratio | 0.08● | 1.01 |
| EV / EBITDA | 2.85● | 10.74 |
| FCF yield | 12.55%● | 6.23% |
Profitability
| Metric | APA | FSLR |
|---|---|---|
| Gross margin | 53.91%● | 41.73% |
| Operating margin | 34.63%● | 33.17% |
| Net margin | 17.80% | 30.73%● |
| ROE | 23.75%● | 16.86% |
| ROIC | 9.96% | 14.42%● |
Dividends
| Metric | APA | FSLR |
|---|---|---|
| Dividend yield | 2.99% | — |
| Payout ratio | 25.06% | — |
Growth (annualized)
| Metric | APA | FSLR |
|---|---|---|
| Revenue CAGR (5Y) | 11.66% | 12.69%● |
| EPS CAGR (5Y) | 69.31%● | 30.54% |
| FCF CAGR (5Y) | 22.89% | 55.54%● |
| Total return CAGR (5Y) | 11.73% | 23.13%● |
Frequently asked
- Which is better, APA or FSLR?
- It depends on your goal. value: APA (lower P/E); growth: FSLR (faster 5Y revenue CAGR); quality: FSLR (higher ROIC). Across all compared metrics, APA leads 11 to 5.
- Is APA or FSLR cheaper?
- On trailing earnings, APA is cheaper: APA trades at a 7.79 P/E and FSLR at 16.06.
- Which has grown faster, APA or FSLR?
- Over the past five years, FSLR grew revenue faster — APA at a 11.66% CAGR versus FSLR at 12.69%.
- Does APA or FSLR pay a bigger dividend?
- APA pays a dividend (2.99% yield) while FSLR does not currently pay one.
- Is APA or FSLR more profitable?
- FSLR runs the higher net margin — APA at 17.80% versus FSLR at 30.73%.
- Which has been the better investment, APA or FSLR?
- Over the past 10-year, FSLR delivered the higher annualized total return — APA at -2.42% versus FSLR at 18.37%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
APA P/E ratioFirst Solar P/E ratioAPA dividend yieldFirst Solar dividend yieldAPA ROEFirst Solar ROEAPA operating marginFirst Solar operating marginAPA revenue growthFirst Solar revenue growthAPA free cash flowFirst Solar free cash flow
APA & 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 June 26, 2026.