Expand Energy Corporation (EXE) vs First Solar, Inc. (FSLR)
A side-by-side comparison of Expand Energy 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.
EXE
Expand Energy Corporation
$96.09EnergyAt close: Aug 21, 2026, 4:00 PM ET
FSLR
First Solar, Inc.
$214.28EnergyAt close: Aug 21, 2026, 4:00 PM ET
Total return — EXE vs FSLR
growth of $100 · dividends reinvested · last 6yEXE +186.6% (+19.2%/yr)FSLR +114.5% (+13.6%/yr)EXE compounded faster over this window
EXE FSLR
EXE vs FSLR: by the numbers
- •FSLR is the larger company ($23.03B vs $22.25B market cap).
- •EXE trades at the lower trailing earnings multiple (8.31 vs 13.21 P/E), one valuation lens rather than an overall verdict.
- •FSLR converts more revenue to profit (32.47% vs 20.80% net margin).
- •EXE grew revenue faster over the past five years (25.26% vs 12.62% CAGR).
- •EXE pays a dividend (3.32% yield), while FSLR has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | EXE | FSLR |
|---|---|---|
| P/E ratio | 8.31 | 13.21 |
| Forward P/E | 10.65 | 12.30 |
| P/S ratio | 1.71 | 4.29 |
| P/B ratio | 1.18 | 2.24 |
| EV / EBITDA | 4.04 | 9.05 |
| FCF yield | 11.10% | 6.50% |
Profitability
| Metric | EXE | FSLR |
|---|---|---|
| Gross margin | 46.51% | 44.02% |
| Operating margin | 17.49% | 33.65% |
| Net margin | 20.80% | 32.47% |
| ROE | 14.33% | 16.92% |
| ROIC | 10.91% | 15.30% |
Dividends
| Metric | EXE | FSLR |
|---|---|---|
| Dividend yield | 3.32% | N/A |
| Payout ratio | 41.59% | N/A |
Growth (annualized)
| Metric | EXE | FSLR |
|---|---|---|
| Revenue CAGR (5Y) | 25.26% | 12.62% |
| EPS CAGR (5Y) | N/A | 30.54% |
| FCF CAGR (5Y) | 33.22% | 49.80% |
| Total return CAGR (5Y) | 18.25% | 17.77% |
Frequently asked
- Which has the lower trailing P/E, EXE or FSLR?
- EXE has the lower trailing P/E: EXE trades at 8.31 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, EXE or FSLR?
- Over the past five years, EXE grew revenue faster — EXE at a 25.26% CAGR versus FSLR at 12.62%.
- Does EXE or FSLR pay a bigger dividend?
- EXE pays a dividend (3.32% yield), while FSLR has no payments in the available dividend history.
- Is EXE or FSLR more profitable?
- FSLR runs the higher net margin — EXE at 20.80% versus FSLR at 32.47%.
- How have EXE and FSLR total returns compared?
- Over the past 5 years, EXE delivered 18.25% and FSLR delivered 18.94% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Expand Energy P/E ratioFirst Solar P/E ratioExpand Energy dividend yieldExpand Energy ROEFirst Solar ROEExpand Energy operating marginFirst Solar operating marginExpand Energy revenue growthFirst Solar revenue growthExpand Energy free cash flowFirst Solar free cash flow
Expand Energy & 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.