First Solar, Inc. (FSLR) vs HP Inc. (HPQ)

FSLR leads on 9 of 15 compared metrics, though HPQ is the cheaper stock.

A side-by-side comparison of First Solar, Inc. and HP Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 18, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total returnFSLR vs HPQ

growth of $100 · dividends reinvested · last 20y
FSLR +756.9%HPQ +124.4%FSLR compounded faster
05001kStart $10020102014201820222026$857$224
FSLR HPQ

FSLR vs HPQ: by the numbers

  • FSLR is the larger company ($22.78B vs $22.72B market cap).
  • HPQ trades at the lower earnings multiple (9.17 vs 13.69 P/E).
  • FSLR converts more revenue to profit (30.73% vs 4.45% net margin).
  • FSLR grew revenue faster over the past five years (12.69% vs -1.23% CAGR).
  • HPQ pays a dividend (4.79% yield) while FSLR does not currently pay one.

Which is better, FSLR or HPQ?

Metric tally: FSLR 9 · HPQ 6

It depends on what you're optimizing for:

ValueHPQ(lower P/E)
GrowthFSLR(faster 5Y revenue CAGR)
QualityHPQ(higher ROIC)

Metrics side by side

Valuation

MetricFSLRHPQ
P/E ratio13.699.17
Forward P/E11.988.21
P/S ratio4.210.40
P/B ratio2.31
PEG ratio1.011.57
EV / EBITDA8.897.22
FCF yield7.31%16.45%

Profitability

MetricFSLRHPQ
Gross margin41.73%20.21%
Operating margin33.17%5.51%
Net margin30.73%4.45%
ROE16.86%-730.92%
ROIC14.42%24.97%

Dividends

MetricFSLRHPQ
Dividend yield4.79%
Payout ratio44.55%

Growth (annualized)

MetricFSLRHPQ
Revenue CAGR (5Y)12.69%-1.23%
EPS CAGR (5Y)30.54%5.84%
FCF CAGR (5Y)55.54%-7.31%
Total return CAGR (5Y)20.48%1.68%

Frequently asked

Which is better, FSLR or HPQ?
It depends on your goal. value: HPQ (lower P/E); growth: FSLR (faster 5Y revenue CAGR); quality: HPQ (higher ROIC). Across all compared metrics, FSLR leads 9 to 6.
Is FSLR or HPQ cheaper?
On trailing earnings, HPQ is cheaper: FSLR trades at a 13.69 P/E and HPQ at 9.17.
Which has grown faster, FSLR or HPQ?
Over the past five years, FSLR grew revenue faster — FSLR at a 12.69% CAGR versus HPQ at -1.23%.
Does FSLR or HPQ pay a bigger dividend?
HPQ pays a dividend (4.79% yield) while FSLR does not currently pay one.
Is FSLR or HPQ more profitable?
FSLR runs the higher net margin — FSLR at 30.73% versus HPQ at 4.45%.
Which has been the better investment, FSLR or HPQ?
Over the past 10-year, FSLR delivered the higher annualized total return — FSLR at 16.07% versus HPQ at 9.66%. 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 July 18, 2026.