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).
FSLR
First Solar, Inc.
$211.99TechnologyAt close: Jul 17, 2026, 4:00 PM ET
HPQ
HP Inc.
$24.84TechnologyAt close: Jul 17, 2026, 4:00 PM ET
Total return — FSLR vs HPQ
growth of $100 · dividends reinvested · last 20yFSLR +756.9%HPQ +124.4%FSLR compounded faster
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 6It depends on what you're optimizing for:
ValueHPQ(lower P/E)
GrowthFSLR(faster 5Y revenue CAGR)
QualityHPQ(higher ROIC)
Metrics side by side
Valuation
| Metric | FSLR | HPQ |
|---|---|---|
| P/E ratio | 13.69 | 9.17● |
| Forward P/E | 11.98 | 8.21● |
| P/S ratio | 4.21 | 0.40● |
| P/B ratio | 2.31 | — |
| PEG ratio | 1.01● | 1.57 |
| EV / EBITDA | 8.89 | 7.22● |
| FCF yield | 7.31% | 16.45%● |
Profitability
| Metric | FSLR | HPQ |
|---|---|---|
| Gross margin | 41.73%● | 20.21% |
| Operating margin | 33.17%● | 5.51% |
| Net margin | 30.73%● | 4.45% |
| ROE | 16.86%● | -730.92% |
| ROIC | 14.42% | 24.97%● |
Dividends
| Metric | FSLR | HPQ |
|---|---|---|
| Dividend yield | — | 4.79% |
| Payout ratio | — | 44.55% |
Growth (annualized)
| Metric | FSLR | HPQ |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
First Solar P/E ratioHP P/E ratioFirst Solar dividend yieldHP dividend yieldFirst Solar ROEHP ROEFirst Solar operating marginHP operating marginFirst Solar revenue growthHP revenue growthFirst Solar free cash flowHP free cash flow
First Solar & HP 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 July 18, 2026.