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FSLRFirst Solar, Inc.

Enterprise Value (EV): $24.41B

The enterprise value (EV) is $24.41B as of Friday, June 26, 2026.

FSLR Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$24.41B

FSLR Competitors' Enterprise Value (EV)

NAMEMARKET CAPENTERPRISE VALUE (EV)
First Solar, Inc. (FSLR)$26.72B$24.41B
Coterra Energy Inc. (CTRA)vs ›$24.72B$23.92B
Halliburton Company (HAL)vs ›$28.76B$29.64B
Tenaris S.A. (TS)vs ›$30.69B$19.86B
Expand Energy Corporation (EXE)vs ›$21.19B$30.55B
EQT Corporation (EQT)vs ›$32.31B$41.16B
APA Corporation (APA)vs ›$11.81B$13.08B
Antero Midstream Corporation (AM)vs ›$10.78B$11.54B
Cameco Corporation (CCJ)vs ›$45.11B$39.73B
Enphase Energy, Inc. (ENPH)vs ›$6.22B$4.97B

Enterprise Value Calculation

Market Cap

$26.72B

+

Total Debt

$498.57M

Cash

$2.80B

=

Enterprise Value

$24.41B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Enterprise Value (EV) FAQ

What is the enterprise value (EV) for First Solar, Inc. (FSLR)?
The enterprise value (EV) for FSLR stock is $24.41B.

About First Solar, Inc.

First Solar, Inc. is a global provider of photovoltaic (PV) solar energy solutions, operating in numerous international markets including the United States, Japan, France, Canada, India, and Australia. The company's primary activity involves the engineering, manufacturing, and sale of cadmium telluride solar modules, which are designed to convert solar radiation directly into electricity. Its clientele is broad, serving system developers and operators, utility companies, independent power producers, commercial and industrial businesses, and various other system owners. Founded in 1999, the firm is based in Tempe, Arizona, and underwent a name change in 2006 from its former designation, First Solar Holdings, Inc.

Phoenix, AZ
8,100 employees
Energy / Solar
Sector
Energy
Industry
Solar
CEO
Mark R. Widmar