EV/EBITDA Ratio: 10.57x
Is the EV/EBITDA ratio high or low?
The EV/EBITDA ratio of 10.57x is 51% below its 5-year average of 21.45x, near the low end of its 5-year range (6.63x–91.35x).
As of Friday, June 26, 2026. 3.86% below its 12-month average of 10.99x.
FSLR EV/EBITDA Ratio Chart
FSLR Average EV/EBITDA Ratio Chart
FSLR Current vs Average EV/EBITDA Ratio Chart
FSLR EV/EBITDA Ratio Metrics
EV/EBITDA RATIO
10.57x
EV/EBITDA RATIO AVG TTM
10.99x
EV/EBITDA RATIO AVG 3Y
13.06x
EV/EBITDA RATIO AVG 5Y
14.53x
EV/EBITDA RATIO AVG 10Y
20.92x
EV/EBITDA RATIO AVG 15Y
14.61x
EV/EBITDA RATIO AVG 20Y
17.12x
CURRENT VS TTM AVG
-3.86%
CURRENT VS 3Y AVG
-19.06%
CURRENT VS 5Y AVG
-27.28%
CURRENT VS 10Y AVG
-49.48%
CURRENT VS 15Y AVG
-27.67%
CURRENT VS 20Y AVG
-38.25%
FSLR Competitors' EV/EBITDA Ratio
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Solar, Inc. (FSLR) | $25.65B | 10.57x | 10.99x | 13.06x | 14.53x |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 5.79x | 5.88x | 5.48x | 6.42x |
| Halliburton Company (HAL)vs › | $28.40B | 9.60x | 8.69x | 7.74x | 9.79x |
| Expand Energy Corporation (EXE)vs › | $21.46B | 3.42x | 9.28x | 8.99x | 7.54x |
| Tenaris S.A. (TS)vs › | $30.07B | 10.40x | 8.50x | 6.09x | 7.36x |
| EQT Corporation (EQT)vs › | $33.14B | 5.15x | 7.97x | 8.04x | 10.36x |
| APA Corporation (APA)vs › | $11.60B | 3.03x | 2.65x | 2.86x | 3.38x |
| Antero Midstream Corporation (AM)vs › | $10.92B | 15.32x | 13.60x | 12.68x | 12.05x |
| Enphase Energy, Inc. (ENPH)vs › | $6.23B | 36.11x | 25.56x | 46.28x | 66.74x |
| Weatherford International plc (WFRD)vs › | $5.88B | 6.60x | 6.28x | 6.44x | 6.91x |
EV/EBITDA vs. its own history
At 10.6, EV/EBITDA is cheaper than usual, sitting higher than 32% of its 20-year history.
20-year low
2.4
median
13.3
20-year high
345.5
EV/EBITDA Ratio Formula & Definition
EV/EBITDA = Enterprise Value / EBITDA (TTM)
Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
EV/EBITDA Ratio FAQ
- What is the EV/EBITDA ratio for First Solar, Inc. (FSLR)?
- The EV/EBITDA ratio for FSLR stock is 10.57x.
- Is First Solar, Inc.'s EV/EBITDA ratio high or low?
- The EV/EBITDA ratio of 10.57x is 51% below its 5-year average of 21.45x, near the low end of its 5-year range (6.63x–91.35x).
- What is the TTM average EV/EBITDA ratio for First Solar, Inc. (FSLR)?
- The TTM average EV/EBITDA ratio for FSLR stock is 10.99x.
- What is the 3Y average EV/EBITDA ratio for First Solar, Inc. (FSLR)?
- The 3Y average EV/EBITDA ratio for FSLR stock is 13.06x.
- What is the 5Y average EV/EBITDA ratio for First Solar, Inc. (FSLR)?
- The 5Y average EV/EBITDA ratio for FSLR stock is 14.53x.
- What is the 10Y average EV/EBITDA ratio for First Solar, Inc. (FSLR)?
- The 10Y average EV/EBITDA ratio for FSLR stock is 20.92x.
- What is the 15Y average EV/EBITDA ratio for First Solar, Inc. (FSLR)?
- The 15Y average EV/EBITDA ratio for FSLR stock is 14.61x.
- What is the 20Y average EV/EBITDA ratio for First Solar, Inc. (FSLR)?
- The 20Y average EV/EBITDA ratio for FSLR stock is 17.12x.
FSLR EV/EBITDA Ratio History
| DATE | EV/EBITDA RATIO |
|---|---|
| 2026-06-25 | 10.57x |
| 2026-06-24 | 10.56x |
| 2026-06-23 | 10.60x |
| 2026-06-22 | 11.23x |
| 2026-06-18 | 10.99x |
| 2026-06-17 | 10.85x |
| 2026-06-16 | 11.29x |
| 2026-06-15 | 11.71x |
| 2026-06-12 | 11.43x |
| 2026-06-11 | 11.60x |
| 2026-06-10 | 10.60x |
| 2026-06-09 | 11.19x |
| 2026-06-08 | 11.80x |
| 2026-06-05 | 11.96x |
| 2026-06-04 | 13.61x |
| 2026-06-03 | 13.76x |
| 2026-06-02 | 13.43x |
| 2026-06-01 | 13.06x |
| 2026-05-29 | 13.24x |
| 2026-05-28 | 13.08x |
| 2026-05-27 | 11.72x |
| 2026-05-26 | 11.55x |
| 2026-05-22 | 10.99x |
| 2026-05-21 | 10.58x |
| 2026-05-20 | 10.08x |
| 2026-05-19 | 9.34x |
| 2026-05-18 | 9.88x |
| 2026-05-15 | 9.87x |
| 2026-05-14 | 9.79x |
| 2026-05-13 | 9.93x |
| 2026-05-12 | 9.63x |
| 2026-05-11 | 9.87x |
| 2026-05-08 | 9.26x |
| 2026-05-07 | 9.01x |
| 2026-05-06 | 9.17x |
| 2026-05-05 | 9.23x |
| 2026-05-04 | 8.86x |
| 2026-05-01 | 8.88x |
| 2026-04-30 | 8.43x |
| 2026-04-29 | 8.18x |
| 2026-04-28 | 8.44x |
| 2026-04-27 | 8.52x |
| 2026-04-24 | 8.34x |
| 2026-04-23 | 8.45x |
| 2026-04-22 | 8.09x |
| 2026-04-21 | 7.99x |
| 2026-04-20 | 8.27x |
| 2026-04-17 | 8.18x |
| 2026-04-16 | 8.23x |
| 2026-04-15 | 8.41x |
| 2026-04-14 | 8.67x |
| 2026-04-13 | 8.66x |
| 2026-04-10 | 8.81x |
| 2026-04-09 | 8.51x |
| 2026-04-08 | 8.68x |
| 2026-04-07 | 8.27x |
| 2026-04-06 | 8.42x |
| 2026-04-02 | 8.41x |
| 2026-04-01 | 8.61x |
| 2026-03-31 | 8.51x |
| 2026-03-30 | 7.90x |
| 2026-03-27 | 8.17x |
| 2026-03-26 | 7.95x |
| 2026-03-25 | 8.32x |
| 2026-03-24 | 8.29x |
| 2026-03-23 | 8.15x |
| 2026-03-20 | 8.29x |
| 2026-03-19 | 8.62x |
| 2026-03-18 | 8.53x |
| 2026-03-17 | 8.66x |
| 2026-03-16 | 8.61x |
| 2026-03-13 | 8.45x |
| 2026-03-12 | 8.52x |
| 2026-03-11 | 8.65x |
| 2026-03-10 | 8.53x |
| 2026-03-09 | 8.41x |
| 2026-03-06 | 8.12x |
| 2026-03-05 | 8.24x |
| 2026-03-04 | 8.51x |
| 2026-03-03 | 8.52x |
| 2026-03-02 | 8.63x |
| 2026-02-27 | 8.50x |
| 2026-02-26 | 8.64x |
| 2026-02-25 | 9.13x |
| 2026-02-24 | 10.73x |
| 2026-02-23 | 11.78x |
| 2026-02-20 | 11.76x |
| 2026-02-19 | 11.33x |
| 2026-02-18 | 11.60x |
| 2026-02-17 | 10.96x |
| 2026-02-13 | 10.94x |
| 2026-02-12 | 10.68x |
| 2026-02-11 | 11.05x |
| 2026-02-10 | 10.97x |
| 2026-02-09 | 10.76x |
| 2026-02-06 | 10.59x |
| 2026-02-05 | 11.38x |
| 2026-02-04 | 11.57x |
| 2026-02-03 | 11.62x |
| 2026-02-02 | 11.19x |
| 2026-01-30 | 10.93x |
| 2026-01-29 | 10.86x |
| 2026-01-28 | 12.15x |
| 2026-01-27 | 11.42x |
| 2026-01-26 | 11.82x |
| 2026-01-23 | 11.78x |
| 2026-01-22 | 11.65x |
| 2026-01-21 | 11.86x |
| 2026-01-20 | 11.78x |
| 2026-01-16 | 11.86x |
| 2026-01-15 | 11.85x |
| 2026-01-14 | 11.49x |
| 2026-01-13 | 11.74x |
| 2026-01-12 | 11.56x |
| 2026-01-09 | 11.60x |
| 2026-01-08 | 11.99x |
| 2026-01-07 | 11.72x |
| 2026-01-06 | 13.13x |
| 2026-01-05 | 13.29x |
| 2026-01-02 | 13.41x |
| 2025-12-31 | 12.75x |
| 2025-12-30 | 12.90x |
| 2025-12-29 | 13.10x |
| 2025-12-26 | 13.18x |
| 2025-12-24 | 13.30x |
| 2025-12-23 | 13.16x |
| 2025-12-22 | 13.93x |
| 2025-12-19 | 13.04x |
| 2025-12-18 | 12.78x |
| 2025-12-17 | 12.38x |
| 2025-12-16 | 12.61x |
| 2025-12-15 | 12.48x |
| 2025-12-12 | 12.42x |
| 2025-12-11 | 13.34x |
| 2025-12-10 | 12.80x |
| 2025-12-09 | 12.35x |
| 2025-12-08 | 12.47x |
| 2025-12-05 | 12.56x |
| 2025-12-04 | 12.55x |
| 2025-12-03 | 12.48x |
| 2025-12-02 | 12.81x |
| 2025-12-01 | 12.86x |
| 2025-11-28 | 13.34x |
| 2025-11-26 | 13.30x |
| 2025-11-25 | 12.70x |
| 2025-11-24 | 12.68x |
| 2025-11-21 | 12.17x |
| 2025-11-20 | 11.97x |
| 2025-11-19 | 12.27x |
| 2025-11-18 | 12.29x |
| 2025-11-17 | 12.36x |
| 2025-11-14 | 12.33x |
| 2025-11-13 | 12.51x |
| 2025-11-12 | 13.07x |
| 2025-11-11 | 12.89x |
| 2025-11-10 | 13.33x |
| 2025-11-07 | 13.07x |
| 2025-11-06 | 13.29x |
| 2025-11-05 | 13.57x |
| 2025-11-04 | 12.82x |
| 2025-11-03 | 12.97x |
| 2025-10-31 | 13.04x |
| 2025-10-30 | 11.34x |
| 2025-10-29 | 13.58x |
| 2025-10-28 | 13.46x |
| 2025-10-27 | 13.91x |
| 2025-10-24 | 13.56x |
| 2025-10-23 | 12.86x |
| 2025-10-22 | 12.54x |
| 2025-10-21 | 12.74x |
| 2025-10-20 | 12.86x |
| 2025-10-17 | 13.02x |
| 2025-10-16 | 13.36x |
| 2025-10-15 | 13.73x |
| 2025-10-14 | 12.60x |
| 2025-10-13 | 12.70x |
| 2025-10-10 | 12.69x |
| 2025-10-09 | 13.16x |
| 2025-10-08 | 13.00x |
| 2025-10-07 | 12.80x |
| 2025-10-06 | 12.89x |
| 2025-10-03 | 12.93x |
| 2025-10-02 | 13.04x |
| 2025-10-01 | 12.63x |
| 2025-09-30 | 12.38x |
| 2025-09-29 | 12.55x |
| 2025-09-26 | 12.36x |
| 2025-09-25 | 12.53x |
| 2025-09-24 | 12.31x |
| 2025-09-23 | 12.11x |
| 2025-09-22 | 12.31x |
| 2025-09-19 | 11.93x |
| 2025-09-18 | 11.77x |
| 2025-09-17 | 11.83x |
| 2025-09-16 | 11.52x |
| 2025-09-15 | 11.62x |
| 2025-09-12 | 11.32x |
| 2025-09-11 | 11.42x |
| 2025-09-10 | 11.44x |
| 2025-09-09 | 11.40x |
| 2025-09-08 | 11.41x |
| 2025-09-05 | 11.52x |
| 2025-09-04 | 11.33x |
| 2025-09-03 | 11.31x |
| 2025-09-02 | 10.99x |
| 2025-08-29 | 10.96x |
| 2025-08-28 | 11.06x |
| 2025-08-27 | 10.74x |
| 2025-08-26 | 11.04x |
| 2025-08-25 | 11.20x |
| 2025-08-22 | 11.36x |
| 2025-08-21 | 10.78x |
| 2025-08-20 | 11.59x |
| 2025-08-19 | 11.85x |
| 2025-08-18 | 12.32x |
| 2025-08-15 | 11.23x |
| 2025-08-14 | 10.11x |
| 2025-08-13 | 10.38x |
| 2025-08-12 | 10.37x |
| 2025-08-11 | 10.22x |
| 2025-08-08 | 10.36x |
| 2025-08-07 | 10.42x |
| 2025-08-06 | 10.39x |
| 2025-08-05 | 10.49x |
| 2025-08-04 | 10.30x |
| 2025-08-01 | 10.33x |
| 2025-07-31 | 9.81x |
| 2025-07-30 | 10.22x |
| 2025-07-29 | 10.38x |
| 2025-07-28 | 10.48x |
| 2025-07-25 | 10.58x |
| 2025-07-24 | 10.31x |
| 2025-07-23 | 10.26x |
| 2025-07-22 | 10.27x |
| 2025-07-21 | 10.17x |
| 2025-07-18 | 10.03x |
| 2025-07-17 | 9.90x |
| 2025-07-16 | 9.51x |
| 2025-07-15 | 9.81x |
| 2025-07-14 | 9.17x |
| 2025-07-11 | 9.26x |
| 2025-07-10 | 9.41x |
| 2025-07-09 | 9.46x |
| 2025-07-08 | 9.43x |
| 2025-07-07 | 10.10x |
| 2025-07-03 | 10.56x |
| 2025-07-02 | 9.72x |
| 2025-07-01 | 9.29x |
| 2025-06-30 | 9.44x |
| 2025-06-27 | 8.66x |
| 2025-06-26 | 8.87x |
| 2025-06-25 | 8.70x |
| 2025-06-24 | 8.61x |
| 2025-06-23 | 8.23x |
| 2025-06-20 | 8.25x |
| 2025-06-18 | 8.18x |
| 2025-06-17 | 8.19x |
| 2025-06-16 | 10.00x |
| 2025-06-13 | 9.99x |
| 2025-06-12 | 9.57x |
Showing the most recent 260 of 4,475 data points. The chart above shows the full history.
Related Metrics
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.
- Sector
- Energy
- Industry
- Solar
- CEO
- Mark R. Widmar