First Solar, Inc. (FSLR) vs Tower Semiconductor Ltd. (TSEM)

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

Compare

Total returnFSLR vs TSEM

growth of $100 · dividends reinvested · last 20y
FSLR +732.9%TSEM +678.5%FSLR compounded faster
05001kStart $10020102014201820222026$833$779
FSLR TSEM

FSLR vs TSEM: by the numbers

  • TSEM is the larger company ($22.69B vs $21.77B market cap).
  • FSLR trades at the lower trailing earnings multiple (13.30 vs 104.28 P/E), one valuation lens rather than an overall verdict.
  • FSLR converts more revenue to profit (30.73% vs 15.13% net margin).
  • FSLR grew revenue faster over the past five years (12.69% vs 4.32% CAGR).

Metrics side by side

Valuation

MetricFSLRTSEM
P/E ratio13.30104.28
Forward P/E11.6367.09
P/S ratio4.0915.81
P/B ratio2.248.62
PEG ratio1.0111.15
EV / EBITDA8.6147.64
FCF yield7.53%1.27%

Profitability

MetricFSLRTSEM
Gross margin41.73%24.77%
Operating margin33.17%13.93%
Net margin30.73%15.13%
ROE16.86%8.25%
ROIC14.42%5.73%

Growth (annualized)

MetricFSLRTSEM
Revenue CAGR (5Y)12.69%4.32%
EPS CAGR (5Y)30.54%20.67%
FCF CAGR (5Y)55.54%N/A
Total return CAGR (5Y)19.20%53.64%

Frequently asked

Which has the lower trailing P/E, FSLR or TSEM?
FSLR has the lower trailing P/E: FSLR trades at 13.30 and TSEM at 104.28. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FSLR or TSEM?
Over the past five years, FSLR grew revenue faster — FSLR at a 12.69% CAGR versus TSEM at 4.32%.
Is FSLR or TSEM more profitable?
FSLR runs the higher net margin — FSLR at 30.73% versus TSEM at 15.13%.
How have FSLR and TSEM total returns compared?
Over the past 10 years, FSLR delivered 15.60% and TSEM delivered 32.59% 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 July 28, 2026.