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FSLRFirst Solar, Inc.

EV/Assets Ratio: 1.86x

Is the EV/Assets ratio high or low?

The EV/Assets ratio of 1.86x is in line with its 5-year average of 1.69x, around the middle of its 5-year range (0.76x–2.91x).

As of Friday, June 26, 2026. 6.55% above its 12-month average of 1.75x.

FSLR EV/Assets Ratio

FSLR EV/Assets Ratio Chart

1.86x
+38.81% 1Y
FSLR EV/Assets Ratio

FSLR Average EV/Assets Ratio Chart

FSLR EV/Assets Ratio

FSLR Current vs Average EV/Assets Ratio Chart

FSLR EV/Assets Ratio Metrics

EV/ASSETS RATIO

1.86x

EV/ASSETS RATIO AVG TTM

1.75x

EV/ASSETS RATIO AVG 3Y

1.77x

EV/ASSETS RATIO AVG 5Y

1.69x

EV/ASSETS RATIO AVG 10Y

1.20x

EV/ASSETS RATIO AVG 15Y

1.03x

EV/ASSETS RATIO AVG 20Y

1.29x

CURRENT VS TTM AVG

+6.55%

CURRENT VS 3Y AVG

+5.26%

CURRENT VS 5Y AVG

+9.93%

CURRENT VS 10Y AVG

+54.93%

CURRENT VS 15Y AVG

+80.95%

CURRENT VS 20Y AVG

+44.61%

FSLR Competitors' EV/Assets Ratio

NAMEMARKET CAPEV/ASSETS RATIOTTM3Y5Y
First Solar, Inc. (FSLR)$26.72B1.86x1.75x1.77x1.69x
Coterra Energy Inc. (CTRA)vs ›$24.72B1.13x1.02x1.04x1.21x
Halliburton Company (HAL)vs ›$28.76B1.37x1.27x1.38x1.46x
Tenaris S.A. (TS)vs ›$30.69B1.40x1.18x1.02x1.02x
Expand Energy Corporation (EXE)vs ›$21.19B0.82x1.04x0.99x1.00x
EQT Corporation (EQT)vs ›$32.31B0.90x1.03x0.95x0.88x
APA Corporation (APA)vs ›$11.81B0.89x0.79x0.91x1.10x
Antero Midstream Corporation (AM)vs ›$10.78B2.23x2.14x1.89x1.71x
Cameco Corporation (CCJ)vs ›$45.11B8.63x6.36x4.12x3.16x
Enphase Energy, Inc. (ENPH)vs ›$6.22B2.32x1.87x3.60x7.19x

EV/Assets Ratio Formula & Definition

EV/Assets compares enterprise value to total assets. It is useful for asset-heavy businesses and for comparing how much the market pays for each dollar of assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

EV/Assets Ratio FAQ

What is the EV/Assets ratio for First Solar, Inc. (FSLR)?
The EV/Assets ratio for FSLR stock is 1.86x.
Is First Solar, Inc.'s EV/Assets ratio high or low?
The EV/Assets ratio of 1.86x is in line with its 5-year average of 1.69x, around the middle of its 5-year range (0.76x–2.91x).
What is the TTM average EV/Assets ratio for First Solar, Inc. (FSLR)?
The TTM average EV/Assets ratio for FSLR stock is 1.75x.
What is the 3Y average EV/Assets ratio for First Solar, Inc. (FSLR)?
The 3Y average EV/Assets ratio for FSLR stock is 1.77x.
What is the 5Y average EV/Assets ratio for First Solar, Inc. (FSLR)?
The 5Y average EV/Assets ratio for FSLR stock is 1.69x.
What is the 10Y average EV/Assets ratio for First Solar, Inc. (FSLR)?
The 10Y average EV/Assets ratio for FSLR stock is 1.20x.
What is the 15Y average EV/Assets ratio for First Solar, Inc. (FSLR)?
The 15Y average EV/Assets ratio for FSLR stock is 1.03x.
What is the 20Y average EV/Assets ratio for First Solar, Inc. (FSLR)?
The 20Y average EV/Assets ratio for FSLR stock is 1.29x.

FSLR EV/Assets Ratio History

DATEEV/ASSETS RATIO
2026-06-251.86x
2026-06-241.86x
2026-06-231.86x
2026-06-221.98x
2026-06-181.93x
2026-06-171.91x
2026-06-161.99x
2026-06-152.06x
2026-06-122.01x
2026-06-112.04x
2026-06-101.86x
2026-06-091.97x
2026-06-082.07x
2026-06-052.10x
2026-06-042.39x
2026-06-032.42x
2026-06-022.36x
2026-06-012.30x
2026-05-292.33x
2026-05-282.30x
2026-05-272.06x
2026-05-262.03x
2026-05-221.93x
2026-05-211.86x
2026-05-201.77x
2026-05-191.64x
2026-05-181.74x
2026-05-151.74x
2026-05-141.72x
2026-05-131.75x
2026-05-121.69x
2026-05-111.74x
2026-05-081.63x
2026-05-071.58x
2026-05-061.61x
2026-05-051.62x
2026-05-041.56x
2026-05-011.56x
2026-04-301.48x
2026-04-291.37x
2026-04-281.41x
2026-04-271.42x
2026-04-241.39x
2026-04-231.41x
2026-04-221.35x
2026-04-211.34x
2026-04-201.38x
2026-04-171.37x
2026-04-161.38x
2026-04-151.40x
2026-04-141.45x
2026-04-131.45x
2026-04-101.47x
2026-04-091.42x
2026-04-081.45x
2026-04-071.38x
2026-04-061.41x
2026-04-021.41x
2026-04-011.44x
2026-03-311.42x
2026-03-301.32x
2026-03-271.36x
2026-03-261.33x
2026-03-251.39x
2026-03-241.39x
2026-03-231.36x
2026-03-201.39x
2026-03-191.44x
2026-03-181.43x
2026-03-171.45x
2026-03-161.44x
2026-03-131.41x
2026-03-121.42x
2026-03-111.45x
2026-03-101.43x
2026-03-091.41x
2026-03-061.36x
2026-03-051.38x
2026-03-041.42x
2026-03-031.42x
2026-03-021.44x
2026-02-271.42x
2026-02-261.44x
2026-02-251.53x
2026-02-241.79x
2026-02-231.85x
2026-02-201.85x
2026-02-191.78x
2026-02-181.82x
2026-02-171.72x
2026-02-131.72x
2026-02-121.68x
2026-02-111.74x
2026-02-101.73x
2026-02-091.69x
2026-02-061.67x
2026-02-051.79x
2026-02-041.82x
2026-02-031.83x
2026-02-021.76x
2026-01-301.72x
2026-01-291.71x
2026-01-281.91x
2026-01-271.80x
2026-01-261.86x
2026-01-231.85x
2026-01-221.83x
2026-01-211.87x
2026-01-201.85x
2026-01-161.87x
2026-01-151.86x
2026-01-141.81x
2026-01-131.85x
2026-01-121.82x
2026-01-091.83x
2026-01-081.89x
2026-01-071.84x
2026-01-062.07x
2026-01-052.09x
2026-01-022.11x
2025-12-312.01x
2025-12-302.03x
2025-12-292.06x
2025-12-262.07x
2025-12-242.09x
2025-12-232.07x
2025-12-222.19x
2025-12-192.05x
2025-12-182.01x
2025-12-171.95x
2025-12-161.98x
2025-12-151.96x
2025-12-121.95x
2025-12-112.10x
2025-12-102.01x
2025-12-091.94x
2025-12-081.96x
2025-12-051.98x
2025-12-041.97x
2025-12-031.96x
2025-12-022.02x
2025-12-012.02x
2025-11-282.10x
2025-11-262.09x
2025-11-252.00x
2025-11-241.99x
2025-11-211.91x
2025-11-201.88x
2025-11-191.93x
2025-11-181.93x
2025-11-171.94x
2025-11-141.94x
2025-11-131.97x
2025-11-122.06x
2025-11-112.03x
2025-11-102.10x
2025-11-072.06x
2025-11-062.09x
2025-11-052.13x
2025-11-042.02x
2025-11-032.04x
2025-10-312.05x
2025-10-301.78x
2025-10-292.02x
2025-10-282.00x
2025-10-272.07x
2025-10-242.01x
2025-10-231.91x
2025-10-221.86x
2025-10-211.89x
2025-10-201.91x
2025-10-171.93x
2025-10-161.98x
2025-10-152.04x
2025-10-141.87x
2025-10-131.89x
2025-10-101.88x
2025-10-091.95x
2025-10-081.93x
2025-10-071.90x
2025-10-061.92x
2025-10-031.92x
2025-10-021.94x
2025-10-011.88x
2025-09-301.84x
2025-09-291.86x
2025-09-261.84x
2025-09-251.86x
2025-09-241.83x
2025-09-231.80x
2025-09-221.83x
2025-09-191.77x
2025-09-181.75x
2025-09-171.76x
2025-09-161.71x
2025-09-151.73x
2025-09-121.68x
2025-09-111.70x
2025-09-101.70x
2025-09-091.69x
2025-09-081.69x
2025-09-051.71x
2025-09-041.68x
2025-09-031.68x
2025-09-021.63x
2025-08-291.63x
2025-08-281.64x
2025-08-271.59x
2025-08-261.64x
2025-08-251.66x
2025-08-221.69x
2025-08-211.60x
2025-08-201.72x
2025-08-191.76x
2025-08-181.83x
2025-08-151.67x
2025-08-141.50x
2025-08-131.54x
2025-08-121.54x
2025-08-111.52x
2025-08-081.54x
2025-08-071.55x
2025-08-061.54x
2025-08-051.56x
2025-08-041.53x
2025-08-011.53x
2025-07-311.46x
2025-07-301.57x
2025-07-291.59x
2025-07-281.61x
2025-07-251.63x
2025-07-241.58x
2025-07-231.58x
2025-07-221.58x
2025-07-211.56x
2025-07-181.54x
2025-07-171.52x
2025-07-161.46x
2025-07-151.51x
2025-07-141.41x
2025-07-111.42x
2025-07-101.45x
2025-07-091.45x
2025-07-081.45x
2025-07-071.55x
2025-07-031.62x
2025-07-021.49x
2025-07-011.43x
2025-06-301.45x
2025-06-271.33x
2025-06-261.36x
2025-06-251.34x
2025-06-241.32x
2025-06-231.27x
2025-06-201.27x
2025-06-181.26x
2025-06-171.26x
2025-06-161.54x
2025-06-131.54x
2025-06-121.47x

Showing the most recent 260 of 4,850 data points. The chart above shows the full history.

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