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).

Compare

Total return — APA vs FSLR

growth of $100 · last 20y
APA -49.0%FSLR +905.0%FSLR compounded faster
Log scale — wide-divergence pair
1101001k10kStart $10020102014201820222026$51$1,005
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 5

It depends on what you're optimizing for:

ValueAPA(lower P/E)
GrowthFSLR(faster 5Y revenue CAGR)
QualityFSLR(higher ROIC)

Metrics side by side

Valuation

MetricAPAFSLR
P/E ratio7.7916.06
Forward P/E7.8110.33
P/S ratio1.374.94
P/B ratio1.832.71
PEG ratio0.081.01
EV / EBITDA2.8510.74
FCF yield12.55%6.23%

Profitability

MetricAPAFSLR
Gross margin53.91%41.73%
Operating margin34.63%33.17%
Net margin17.80%30.73%
ROE23.75%16.86%
ROIC9.96%14.42%

Dividends

MetricAPAFSLR
Dividend yield2.99%
Payout ratio25.06%

Growth (annualized)

MetricAPAFSLR
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.

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.