First Solar, Inc. (FSLR) vs Pembina Pipeline Corporation (PBA)

A side-by-side comparison of First Solar, Inc. and Pembina Pipeline Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 28, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnFSLR vs PBA

growth of $100 · dividends reinvested · last 10y
FSLR +458.9% (+18.8%/yr)PBA +177.2% (+10.7%/yr)FSLR compounded faster over this window
0200400600800Start $10020182020202220242026$559$277
FSLR PBA

FSLR vs PBA: by the numbers

  • PBA is the larger company ($27.91B vs $21.97B market cap).
  • FSLR trades at the lower trailing earnings multiple (12.95 vs 23.85 P/E), one valuation lens rather than an overall verdict.
  • FSLR converts more revenue to profit (32.47% vs 22.54% net margin).
  • FSLR grew revenue faster over the past five years (12.62% vs 0.33% CAGR).
  • PBA pays a dividend (4.29% yield), while FSLR has no payments in the available dividend history.

Metrics side by side

Valuation

MetricFSLRPBA
P/E ratio12.9523.85
Forward P/E12.0615.24
P/S ratio4.214.96
P/B ratio2.192.34
EV / EBITDA8.8614.29
FCF yield6.63%5.27%

Profitability

MetricFSLRPBA
Gross margin44.02%39.62%
Operating margin33.65%34.04%
Net margin32.47%22.54%
ROE16.92%10.66%
ROIC15.30%6.05%

Dividends

MetricFSLRPBA
Dividend yieldN/A4.29%
Payout ratioN/A107.09%

Growth (annualized)

MetricFSLRPBA
Revenue CAGR (5Y)12.62%0.33%
EPS CAGR (5Y)30.54%N/A
FCF CAGR (5Y)49.80%2.92%
Total return CAGR (5Y)17.34%15.23%

Frequently asked

Which has the lower trailing P/E, FSLR or PBA?
FSLR has the lower trailing P/E: FSLR trades at 12.95 and PBA at 23.85. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FSLR or PBA?
Over the past five years, FSLR grew revenue faster — FSLR at a 12.62% CAGR versus PBA at 0.33%.
Does FSLR or PBA pay a bigger dividend?
PBA pays a dividend (4.29% yield), while FSLR has no payments in the available dividend history.
Is FSLR or PBA more profitable?
FSLR runs the higher net margin — FSLR at 32.47% versus PBA at 22.54%.
How have FSLR and PBA total returns compared?
Over the past 10 years, FSLR delivered 18.79% and PBA delivered 10.69% annualized total return. 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 August 28, 2026.