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.
FSLR
First Solar, Inc.
$202.59TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT
TSEM
Tower Semiconductor Ltd.
$202.99TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — FSLR vs TSEM
growth of $100 · dividends reinvested · last 20yFSLR +732.9%TSEM +678.5%FSLR compounded faster
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
| Metric | FSLR | TSEM |
|---|---|---|
| P/E ratio | 13.30 | 104.28 |
| Forward P/E | 11.63 | 67.09 |
| P/S ratio | 4.09 | 15.81 |
| P/B ratio | 2.24 | 8.62 |
| PEG ratio | 1.01 | 11.15 |
| EV / EBITDA | 8.61 | 47.64 |
| FCF yield | 7.53% | 1.27% |
Profitability
| Metric | FSLR | TSEM |
|---|---|---|
| Gross margin | 41.73% | 24.77% |
| Operating margin | 33.17% | 13.93% |
| Net margin | 30.73% | 15.13% |
| ROE | 16.86% | 8.25% |
| ROIC | 14.42% | 5.73% |
Growth (annualized)
| Metric | FSLR | TSEM |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
First Solar P/E ratioTower Semiconductor P/E ratioFirst Solar dividend yieldTower Semiconductor dividend yieldFirst Solar ROETower Semiconductor ROEFirst Solar operating marginTower Semiconductor operating marginFirst Solar revenue growthTower Semiconductor revenue growthFirst Solar free cash flowTower Semiconductor free cash flow
First Solar & Tower Semiconductor 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 July 28, 2026.