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FSLRFirst Solar, Inc.

Return on Equity (ROE): 16.86%

Is the return on equity (ROE) high or low?

The return on equity (ROE) of 16.86% is 72% above its 5-year average of 9.83%, near the high end of its 5-year range (-0.76%–16.86%).

As of Friday, June 26, 2026. 4.66% above its 12-month average of 16.11%.

FSLR Return on Equity (ROE)

FSLR Return on Equity (ROE) Chart

16.02%

Annual fiscal-year return on equity; no daily interpolation.

+49.86% 10Y
FSLR Return on Equity (ROE)

FSLR Average Return on Equity (ROE) Chart

FSLR Return on Equity (ROE)

FSLR Current vs Average Return on Equity (ROE) Chart

FSLR Return on Equity (ROE) Metrics

RETURN ON EQUITY (ROE)

16.86%

RETURN ON EQUITY (ROE) AVG TTM

16.11%

RETURN ON EQUITY (ROE) AVG 3Y

10.97%

RETURN ON EQUITY (ROE) AVG 5Y

9.83%

RETURN ON EQUITY (ROE) AVG 10Y

5.36%

RETURN ON EQUITY (ROE) AVG 15Y

5.63%

RETURN ON EQUITY (ROE) AVG 20Y

7.63%

CURRENT VS TTM AVG

+4.66%

CURRENT VS 3Y AVG

+53.69%

CURRENT VS 5Y AVG

+71.57%

CURRENT VS 10Y AVG

+214.71%

CURRENT VS 15Y AVG

+199.50%

CURRENT VS 20Y AVG

+120.94%

FSLR Competitors' Return on Equity (ROE)

NAMEMARKET CAPRETURN ON EQUITY (ROE)TTM3Y5Y
First Solar, Inc. (FSLR)$25.65B16.86%16.11%10.97%9.83%
Coterra Energy Inc. (CTRA)vs ›$24.72B11.03%10.05%16.17%13.94%
Halliburton Company (HAL)vs ›$28.40B14.23%18.04%20.99%7.74%
Expand Energy Corporation (EXE)vs ›$21.46B16.51%2.86%20.59%62.70%
Tenaris S.A. (TS)vs ›$30.07B11.50%11.96%16.38%11.52%
EQT Corporation (EQT)vs ›$33.14B13.34%4.86%9.33%2.58%
APA Corporation (APA)vs ›$11.60B23.75%19.38%253.71%205.93%
Antero Midstream Corporation (AM)vs ›$10.92B21.21%19.95%18.02%13.58%
Enphase Energy, Inc. (ENPH)vs ›$6.23B12.25%14.08%30.23%30.40%
Weatherford International plc (WFRD)vs ›$5.88B26.34%32.40%28.70%-32.06%

Return Analysis

ROE

16.9%

ROA

12.5%

Return on Equity (ROE) Formula & Definition

ROE = Net Income / Total Shareholders' Equity

Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Return on Equity (ROE) FAQ

What is the return on equity (ROE) for First Solar, Inc. (FSLR)?
The return on equity (ROE) for FSLR stock is 16.86%.
Is First Solar, Inc.'s return on equity (ROE) high or low?
The return on equity (ROE) of 16.86% is 72% above its 5-year average of 9.83%, near the high end of its 5-year range (-0.76%–16.86%).
What is the TTM average return on equity (ROE) for First Solar, Inc. (FSLR)?
The TTM average return on equity (ROE) for FSLR stock is 16.11%.
What is the 3Y average return on equity (ROE) for First Solar, Inc. (FSLR)?
The 3Y average return on equity (ROE) for FSLR stock is 10.97%.
What is the 5Y average return on equity (ROE) for First Solar, Inc. (FSLR)?
The 5Y average return on equity (ROE) for FSLR stock is 9.83%.
What is the 10Y average return on equity (ROE) for First Solar, Inc. (FSLR)?
The 10Y average return on equity (ROE) for FSLR stock is 5.36%.
What is the 15Y average return on equity (ROE) for First Solar, Inc. (FSLR)?
The 15Y average return on equity (ROE) for FSLR stock is 5.63%.
What is the 20Y average return on equity (ROE) for First Solar, Inc. (FSLR)?
The 20Y average return on equity (ROE) for FSLR stock is 7.63%.

FSLR Return on Equity (ROE) History

DATERETURN ON EQUITY (ROE)
2025-12-3116.02%
2024-12-3116.20%
2023-12-3112.42%
2022-12-31-0.76%
2021-12-317.86%
2020-12-317.22%
2019-12-31-2.26%
2018-12-312.77%
2017-12-31-3.25%
2016-12-31-7.98%
2015-12-3110.69%
2014-12-317.88%
2013-12-317.79%
2012-12-31-2.67%
2011-12-31-1.08%
2010-12-3119.22%
2009-12-3124.13%
2008-12-3123.02%
2007-12-3114.43%
2006-12-310.97%
2005-12-31-49.22%
2004-12-31-74.07%
2003-12-310.00%
2002-12-3160.11%
2001-12-31155.82%

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