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.
APA
APA Corporation
$43.39EnergyAt close: Aug 21, 2026, 4:00 PM ET
FSLR
First Solar, Inc.
$214.28EnergyAt close: Aug 21, 2026, 4:00 PM ET
Total return — APA vs FSLR
growth of $100 · dividends reinvested · last 10yAPA +4.5% (+0.4%/yr)FSLR +468.7% (+19.0%/yr)FSLR compounded faster over this window
Log scale — wide-divergence pair
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
| Metric | APA | FSLR |
|---|---|---|
| P/E ratio | 9.17 | 13.21 |
| Forward P/E | 7.47 | 12.30 |
| P/S ratio | 1.74 | 4.29 |
| P/B ratio | 2.19 | 2.24 |
| EV / EBITDA | 5.72 | 9.05 |
| FCF yield | 13.72% | 6.50% |
Profitability
| Metric | APA | FSLR |
|---|---|---|
| Gross margin | 38.77% | 44.02% |
| Operating margin | 30.83% | 33.65% |
| Net margin | 18.99% | 32.47% |
| ROE | 23.89% | 16.92% |
| ROIC | 4.28% | 15.30% |
Dividends
| Metric | APA | FSLR |
|---|---|---|
| Dividend yield | 2.30% | N/A |
| Payout ratio | 25.06% | N/A |
Growth (annualized)
| Metric | APA | FSLR |
|---|---|---|
| Revenue CAGR (5Y) | 8.16% | 12.62% |
| EPS CAGR (5Y) | N/A | 30.54% |
| 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.
Go deeper
Dig into the metrics
APA P/E ratioFirst Solar P/E ratioAPA 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 August 22, 2026.