First Solar, Inc. (FSLR) vs Texas Pacific Land Corporation (TPL)
A side-by-side comparison of First Solar, Inc. and Texas Pacific Land Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 22, 2026. Differences are shown without an overall score or investment verdict.
FSLR
First Solar, Inc.
$214.28EnergyAt close: Aug 21, 2026, 4:00 PM ET
TPL
Texas Pacific Land Corporation
$383.64EnergyAt close: Aug 21, 2026, 4:00 PM ET
Total return — FSLR vs TPL
growth of $100 · dividends reinvested · last 10yFSLR +468.7% (+19.0%/yr)TPL +2211.4% (+36.9%/yr)TPL compounded faster over this window
FSLR TPL
FSLR vs TPL: by the numbers
- •TPL is the larger company ($26.46B vs $23.03B market cap).
- •FSLR trades at the lower trailing earnings multiple (13.21 vs 48.93 P/E), one valuation lens rather than an overall verdict.
- •TPL converts more revenue to profit (60.32% vs 32.47% net margin).
- •TPL grew revenue faster over the past five years (22.25% vs 12.62% CAGR).
- •TPL pays a dividend (0.59% yield), while FSLR has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | FSLR | TPL |
|---|---|---|
| P/E ratio | 13.21 | 48.93 |
| Forward P/E | 12.30 | 43.59 |
| P/S ratio | 4.29 | 29.51 |
| P/B ratio | 2.24 | 15.84 |
| EV / EBITDA | 9.05 | 35.47 |
| FCF yield | 6.50% | 1.99% |
Profitability
| Metric | FSLR | TPL |
|---|---|---|
| Gross margin | 44.02% | 85.46% |
| Operating margin | 33.65% | 74.92% |
| Net margin | 32.47% | 60.32% |
| ROE | 16.92% | 32.37% |
| ROIC | 15.30% | 30.14% |
Dividends
| Metric | FSLR | TPL |
|---|---|---|
| Dividend yield | N/A | 0.59% |
| Payout ratio | N/A | 32.47% |
Growth (annualized)
| Metric | FSLR | TPL |
|---|---|---|
| Revenue CAGR (5Y) | 12.62% | 22.25% |
| EPS CAGR (5Y) | 30.54% | 22.57% |
| FCF CAGR (5Y) | 49.80% | 19.60% |
| Total return CAGR (5Y) | 17.77% | 22.47% |
Frequently asked
- Which has the lower trailing P/E, FSLR or TPL?
- FSLR has the lower trailing P/E: FSLR trades at 13.21 and TPL at 48.93. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, FSLR or TPL?
- Over the past five years, TPL grew revenue faster — FSLR at a 12.62% CAGR versus TPL at 22.25%.
- Does FSLR or TPL pay a bigger dividend?
- TPL pays a dividend (0.59% yield), while FSLR has no payments in the available dividend history.
- Is FSLR or TPL more profitable?
- TPL runs the higher net margin — FSLR at 32.47% versus TPL at 60.32%.
- How have FSLR and TPL total returns compared?
- Over the past 10 years, FSLR delivered 18.94% and TPL delivered 36.66% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
First Solar P/E ratioTexas Pacific L P/E ratioTexas Pacific L dividend yieldFirst Solar ROETexas Pacific L ROEFirst Solar operating marginTexas Pacific L operating marginFirst Solar revenue growthTexas Pacific L revenue growthFirst Solar free cash flowTexas Pacific L free cash flow
First Solar & Texas Pacific L 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 22, 2026.