APA Corporation (APA) vs First Solar, Inc. (FSLR)

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 August 22, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnAPA vs FSLR

growth of $100 · dividends reinvested · last 10y
APA +4.5% (+0.4%/yr)FSLR +468.7% (+19.0%/yr)FSLR compounded faster over this window
Log scale — wide-divergence pair
101001kStart $10020182020202220242026$105$569
APA FSLR

APA vs FSLR: by the numbers

  • FSLR is the larger company ($23.03B vs $15.34B market cap).
  • APA trades at the lower trailing earnings multiple (9.17 vs 13.21 P/E), one valuation lens rather than an overall verdict.
  • FSLR converts more revenue to profit (32.47% vs 18.99% net margin).
  • FSLR grew revenue faster over the past five years (12.62% vs 8.16% CAGR).
  • APA pays a dividend (2.30% yield), while FSLR has no payments in the available dividend history.

Metrics side by side

Valuation

MetricAPAFSLR
P/E ratio9.1713.21
Forward P/E7.4712.30
P/S ratio1.744.29
P/B ratio2.192.24
EV / EBITDA5.729.05
FCF yield13.72%6.50%

Profitability

MetricAPAFSLR
Gross margin38.77%44.02%
Operating margin30.83%33.65%
Net margin18.99%32.47%
ROE23.89%16.92%
ROIC4.28%15.30%

Dividends

MetricAPAFSLR
Dividend yield2.30%N/A
Payout ratio25.06%N/A

Growth (annualized)

MetricAPAFSLR
Revenue CAGR (5Y)8.16%12.62%
EPS CAGR (5Y)N/A30.54%
FCF CAGR (5Y)7.86%49.80%
Total return CAGR (5Y)25.70%17.77%

Frequently asked

Which has the lower trailing P/E, APA or FSLR?
APA has the lower trailing P/E: APA trades at 9.17 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, APA or FSLR?
Over the past five years, FSLR grew revenue faster — APA at a 8.16% CAGR versus FSLR at 12.62%.
Does APA or FSLR pay a bigger dividend?
APA pays a dividend (2.30% yield), while FSLR has no payments in the available dividend history.
Is APA or FSLR more profitable?
FSLR runs the higher net margin — APA at 18.99% versus FSLR at 32.47%.
How have APA and FSLR total returns compared?
Over the past 10 years, APA delivered 0.44% and FSLR delivered 18.94% annualized total return. Past performance doesn't predict future results.

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 22, 2026.