First Solar, Inc. (FSLR) vs Hess Midstream LP (HESM)
A side-by-side comparison of First Solar, Inc. and Hess Midstream LP across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 3, 2026. Differences are shown without an overall score or investment verdict.
FSLR
First Solar, Inc.
$174.61EnergyDelayed quote: Oct 2, 2026, 4:00 PM EDT
HESM
Hess Midstream LP
$37.75EnergyDelayed quote: Oct 2, 2026, 4:00 PM EDT
Total return — FSLR vs HESM
growth of $100 · dividends reinvested · last 9yFSLR +551.0% (+23.1%/yr)HESM +200.0% (+13.0%/yr)FSLR compounded faster over this window
FSLR HESM
FSLR vs HESM: by the numbers
- •FSLR is the larger company ($18.77B vs $7.80B market cap).
- •FSLR trades at the lower trailing earnings multiple (10.77 vs 13.02 P/E), one valuation lens rather than an overall verdict.
- •FSLR converts more revenue to profit (32.47% vs 23.29% net margin).
- •FSLR grew revenue faster over the past five years (12.62% vs 7.63% CAGR).
- •HESM pays a dividend (8.18% yield), while FSLR has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | FSLR | HESM |
|---|---|---|
| P/E ratio | 10.77 | 13.02 |
| Forward P/E | 9.96 | 12.77 |
| PEG ratio | 0.35 | 0.77 |
| P/S ratio | 3.49 | 4.84 |
| P/B ratio | 1.82 | 15.16 |
| EV / EBITDA | 7.24 | 9.36 |
| FCF yield | 7.99% | 8.90% |
Profitability
| Metric | FSLR | HESM |
|---|---|---|
| Gross margin | 44.02% | 80.77% |
| Operating margin | 33.65% | 62.21% |
| Net margin | 32.47% | 23.29% |
| ROE | 16.92% | 72.87% |
| ROIC | 15.30% | 20.77% |
Dividends
| Metric | FSLR | HESM |
|---|---|---|
| Dividend yield | N/A | 8.18% |
| Payout ratio | N/A | 106.44% |
Growth (annualized)
| Metric | FSLR | HESM |
|---|---|---|
| Revenue CAGR (5Y) | 12.62% | 7.63% |
| EPS CAGR (5Y) | 30.54% | 16.63% |
| FCF CAGR (5Y) | N/A | 6.48% |
| Total return CAGR (5Y) | 12.57% | 14.75% |
Frequently asked
- Which has the lower trailing P/E, FSLR or HESM?
- FSLR has the lower trailing P/E: FSLR trades at 10.77 and HESM at 13.02. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, FSLR or HESM?
- Over the past five years, FSLR grew revenue faster — FSLR at a 12.62% CAGR versus HESM at 7.63%.
- Does FSLR or HESM pay a bigger dividend?
- HESM pays a dividend (8.18% yield), while FSLR has no payments in the available dividend history.
- Is FSLR or HESM more profitable?
- FSLR runs the higher net margin — FSLR at 32.47% versus HESM at 23.29%.
- How have FSLR and HESM total returns compared?
- Over the past 5 years, FSLR delivered 12.57% and HESM delivered 14.75% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
First Solar P/E ratioHess Midstream LP P/E ratioHess Midstream LP dividend yieldFirst Solar ROEHess Midstream LP ROEFirst Solar operating marginHess Midstream LP operating marginFirst Solar revenue growthHess Midstream LP revenue growthFirst Solar free cash flowHess Midstream LP free cash flow
First Solar & Hess Midstream LP 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 October 3, 2026.