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.
FSLR
First Solar, Inc.
$204.46EnergyDelayed quote: Aug 28, 2026, 4:00 PM EDT
PBA
Pembina Pipeline Corporation
$48.01EnergyDelayed quote: Aug 28, 2026, 4:00 PM EDT
Total return — FSLR vs PBA
growth of $100 · dividends reinvested · last 10yFSLR +458.9% (+18.8%/yr)PBA +177.2% (+10.7%/yr)FSLR compounded faster over this window
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
| Metric | FSLR | PBA |
|---|---|---|
| P/E ratio | 12.95 | 23.85 |
| Forward P/E | 12.06 | 15.24 |
| P/S ratio | 4.21 | 4.96 |
| P/B ratio | 2.19 | 2.34 |
| EV / EBITDA | 8.86 | 14.29 |
| FCF yield | 6.63% | 5.27% |
Profitability
| Metric | FSLR | PBA |
|---|---|---|
| Gross margin | 44.02% | 39.62% |
| Operating margin | 33.65% | 34.04% |
| Net margin | 32.47% | 22.54% |
| ROE | 16.92% | 10.66% |
| ROIC | 15.30% | 6.05% |
Dividends
| Metric | FSLR | PBA |
|---|---|---|
| Dividend yield | N/A | 4.29% |
| Payout ratio | N/A | 107.09% |
Growth (annualized)
| Metric | FSLR | PBA |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
First Solar P/E ratioPembina Pipeline P/E ratioPembina Pipeline dividend yieldFirst Solar ROEPembina Pipeline ROEFirst Solar operating marginPembina Pipeline operating marginFirst Solar revenue growthPembina Pipeline revenue growthFirst Solar free cash flowPembina Pipeline free cash flow
First Solar & Pembina Pipeline 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 August 28, 2026.