First Solar, Inc. (FSLR) vs Halliburton Company (HAL)

FSLR leads on 12 of 14 compared metrics.

A side-by-side comparison of First Solar, Inc. and Halliburton Company 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 — FSLR vs HAL

growth of $100 · last 20y
FSLR +863.9%HAL +4.4%FSLR compounded faster
Log scale — wide-divergence pair
101001k10kStart $10020102014201820222026$964$104
FSLR HAL

FSLR vs HAL: by the numbers

  • HAL is the larger company ($28.40B vs $25.65B market cap).
  • FSLR trades at the lower earnings multiple (16.06 vs 19.04 P/E).
  • FSLR converts more revenue to profit (30.73% vs 6.95% net margin).
  • FSLR grew revenue faster over the past five years (12.69% vs 11.51% CAGR).
  • HAL pays a dividend (1.96% yield) while FSLR does not currently pay one.

Which is better, FSLR or HAL?

Metric tally: FSLR 12 · HAL 2

It depends on what you're optimizing for:

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

Metrics side by side

Valuation

MetricFSLRHAL
P/E ratio16.0619.04
Forward P/E10.3311.93
P/S ratio4.941.31
P/B ratio2.712.69
PEG ratio1.01
EV / EBITDA10.579.60
FCF yield6.23%5.77%

Profitability

MetricFSLRHAL
Gross margin41.73%15.31%
Operating margin33.17%11.31%
Net margin30.73%6.95%
ROE16.86%14.23%
ROIC14.42%8.38%

Dividends

MetricFSLRHAL
Dividend yield1.96%
Payout ratio45.03%

Growth (annualized)

MetricFSLRHAL
Revenue CAGR (5Y)12.69%11.51%
EPS CAGR (5Y)30.54%-3.16%
FCF CAGR (5Y)55.54%6.24%
Total return CAGR (5Y)22.09%9.36%

Frequently asked

Which is better, FSLR or HAL?
It depends on your goal. value: FSLR (lower P/E); growth: FSLR (faster 5Y revenue CAGR); quality: FSLR (higher ROIC). Across all compared metrics, FSLR leads 12 to 2.
Is FSLR or HAL cheaper?
On trailing earnings, FSLR is cheaper: FSLR trades at a 16.06 P/E and HAL at 19.04.
Which has grown faster, FSLR or HAL?
Over the past five years, FSLR grew revenue faster — FSLR at a 12.69% CAGR versus HAL at 11.51%.
Does FSLR or HAL pay a bigger dividend?
HAL pays a dividend (1.96% yield) while FSLR does not currently pay one.
Is FSLR or HAL more profitable?
FSLR runs the higher net margin — FSLR at 30.73% versus HAL at 6.95%.
Which has been the better investment, FSLR or HAL?
Over the past 10-year, FSLR delivered the higher annualized total return — FSLR at 17.87% versus HAL at -0.61%. 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.