First Solar, Inc. (FSLR) vs Tenaris S.A. (TS)

A side-by-side comparison of First Solar, Inc. and Tenaris S.A. 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.

Compare

Total returnFSLR vs TS

growth of $100 · dividends reinvested · last 10y
FSLR +468.7% (+19.0%/yr)TS +151.7% (+9.7%/yr)FSLR compounded faster over this window
0200400600800Start $10020182020202220242026$569$252
FSLR TS

FSLR vs TS: by the numbers

  • TS is the larger company ($28.26B vs $23.03B market cap).
  • FSLR trades at the lower trailing earnings multiple (13.21 vs 14.39 P/E), one valuation lens rather than an overall verdict.
  • FSLR converts more revenue to profit (32.47% vs 15.89% net margin).
  • TS grew revenue faster over the past five years (19.93% vs 12.62% CAGR).
  • TS pays a dividend (1.10% yield), while FSLR has no payments in the available dividend history.

Metrics side by side

Valuation

MetricFSLRTS
P/E ratio13.2114.39
Forward P/E12.3013.92
P/S ratio4.292.21
P/B ratio2.241.57
EV / EBITDA9.059.26
FCF yield6.50%6.52%

Profitability

MetricFSLRTS
Gross margin44.02%33.90%
Operating margin33.65%18.55%
Net margin32.47%15.89%
ROE16.92%11.27%
ROIC15.30%9.69%

Dividends

MetricFSLRTS
Dividend yieldN/A1.10%
Payout ratioN/A15.59%

Growth (annualized)

MetricFSLRTS
Revenue CAGR (5Y)12.62%19.93%
EPS CAGR (5Y)30.54%19.77%
FCF CAGR (5Y)49.80%34.13%
Total return CAGR (5Y)17.77%26.60%

Frequently asked

Which has the lower trailing P/E, FSLR or TS?
FSLR has the lower trailing P/E: FSLR trades at 13.21 and TS at 14.39. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FSLR or TS?
Over the past five years, TS grew revenue faster — FSLR at a 12.62% CAGR versus TS at 19.93%.
Does FSLR or TS pay a bigger dividend?
TS pays a dividend (1.10% yield), while FSLR has no payments in the available dividend history.
Is FSLR or TS more profitable?
FSLR runs the higher net margin — FSLR at 32.47% versus TS at 15.89%.
How have FSLR and TS total returns compared?
Over the past 10 years, FSLR delivered 18.94% and TS delivered 9.48% 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 22, 2026.