Is FSLR or TS cheaper?

On trailing earnings, TS is cheaper: FSLR trades at a 16.06 P/E and TS at 15.19.

Which has grown faster, FSLR or TS?

Over the past five years, TS grew revenue faster — FSLR at a 12.69% CAGR versus TS at 21.64%.

Does FSLR or TS pay a bigger dividend?

TS pays a dividend (3.15% yield) while FSLR does not currently pay one.

Is FSLR or TS more profitable?

FSLR runs the higher net margin — FSLR at 30.73% versus TS at 16.18%.

Which has been the better investment, FSLR or TS?

Over the past 10-year, FSLR delivered the higher annualized total return — FSLR at 18.37% versus TS at 11.22%. Past performance doesn't predict future results.

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

FSLR and TS are evenly matched — 8 metrics each of 16.

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 June 26, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — FSLR vs TS

growth of $100 · last 20y

FSLR +905.0%TS +31.4%FSLR compounded faster

Log scale — wide-divergence pair

FSLR TS

FSLR vs TS: by the numbers

•TS is the larger company ($30.69B vs $26.72B market cap).
•TS trades at the lower earnings multiple (15.19 vs 16.06 P/E).
•FSLR converts more revenue to profit (30.73% vs 16.18% net margin).
•TS grew revenue faster over the past five years (21.64% vs 12.69% CAGR).
•TS pays a dividend (3.15% yield) while FSLR does not currently pay one.

Which is better, FSLR or TS?

Metric tally: FSLR 8 · TS 8

It depends on what you're optimizing for:

ValueTS(lower P/E)

GrowthTS(faster 5Y revenue CAGR)

QualityFSLR(higher ROIC)

Metrics side by side

Valuation

Metric	FSLR	TS
P/E ratio	16.06	15.19●
Forward P/E	10.33●	13.36
P/S ratio	4.94	2.42●
P/B ratio	2.71	1.72●
PEG ratio	1.01	0.77●
EV / EBITDA	10.74	9.35●
FCF yield	6.23%	6.38%●

Profitability

Metric	FSLR	TS
Gross margin	41.73%●	34.29%
Operating margin	33.17%●	19.10%
Net margin	30.73%●	16.18%
ROE	16.86%●	11.50%
ROIC	14.42%●	10.12%

Dividends

Metric	FSLR	TS
Dividend yield	—	3.15%
Payout ratio	—	47.85%

Growth (annualized)

Metric	FSLR	TS
Revenue CAGR (5Y)	12.69%	21.64%●
EPS CAGR (5Y)	30.54%●	19.77%
FCF CAGR (5Y)	55.54%●	15.66%
Total return CAGR (5Y)	23.13%	24.83%●

Frequently asked

Which is better, FSLR or TS?: It depends on your goal. value: TS (lower P/E); growth: TS (faster 5Y revenue CAGR); quality: FSLR (higher ROIC). Across all compared metrics, they are evenly matched.
Is FSLR or TS cheaper?: On trailing earnings, TS is cheaper: FSLR trades at a 16.06 P/E and TS at 15.19.
Which has grown faster, FSLR or TS?: Over the past five years, TS grew revenue faster — FSLR at a 12.69% CAGR versus TS at 21.64%.
Does FSLR or TS pay a bigger dividend?: TS pays a dividend (3.15% yield) while FSLR does not currently pay one.
Is FSLR or TS more profitable?: FSLR runs the higher net margin — FSLR at 30.73% versus TS at 16.18%.
Which has been the better investment, FSLR or TS?: Over the past 10-year, FSLR delivered the higher annualized total return — FSLR at 18.37% versus TS at 11.22%. Past performance doesn't predict future results.

Go deeper

Full FSLR analysis Full TS analysis Interactive comparison tool

Dig into the metrics

First Solar P/E ratio Tenaris P/E ratio First Solar dividend yield Tenaris dividend yield First Solar ROE Tenaris ROE First Solar operating margin Tenaris operating margin First Solar revenue growth Tenaris revenue growth First Solar free cash flow Tenaris free cash flow

First Solar & Tenaris appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks

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 June 26, 2026.