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).
Total return — FSLR vs HAL
growth of $100 · last 20yFSLR +863.9%HAL +4.4%FSLR compounded faster
Log scale — wide-divergence pair
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 2It depends on what you're optimizing for:
ValueFSLR(lower P/E)
GrowthFSLR(faster 5Y revenue CAGR)
QualityFSLR(higher ROIC)
Metrics side by side
Valuation
| Metric | FSLR | HAL |
|---|---|---|
| P/E ratio | 16.06● | 19.04 |
| Forward P/E | 10.33● | 11.93 |
| P/S ratio | 4.94 | 1.31● |
| P/B ratio | 2.71 | 2.69 |
| PEG ratio | 1.01 | — |
| EV / EBITDA | 10.57 | 9.60● |
| FCF yield | 6.23%● | 5.77% |
Profitability
| Metric | FSLR | HAL |
|---|---|---|
| Gross margin | 41.73%● | 15.31% |
| Operating margin | 33.17%● | 11.31% |
| Net margin | 30.73%● | 6.95% |
| ROE | 16.86%● | 14.23% |
| ROIC | 14.42%● | 8.38% |
Dividends
| Metric | FSLR | HAL |
|---|---|---|
| Dividend yield | — | 1.96% |
| Payout ratio | — | 45.03% |
Growth (annualized)
| Metric | FSLR | HAL |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
First Solar P/E ratioHalliburton P/E ratioFirst Solar dividend yieldHalliburton dividend yieldFirst Solar ROEHalliburton ROEFirst Solar operating marginHalliburton operating marginFirst Solar revenue growthHalliburton revenue growthFirst Solar free cash flowHalliburton free cash flow
First Solar & Halliburton 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 June 26, 2026.