Basis: Current FMP quote-based enterprise value / four-quarter operating income. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/EBIT ratio high or low?
The EV/EBIT ratio of 10.57x is 45% below its estimated 5-year average of 19.38x, near the low end of its estimated 5-year range (8.64x–500.06x).
As of 2026-09-24T00:15:50.164Z. 29.05% below its estimated 12-month average of 14.90x.
Calculation as of: 2026-09-24T00:15:50.164Z.
Quote observation: 2026-09-23T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 5c1f10650eb4fc9b73bc15debf86bef54cea7cc204fc954dfe06a1b007bc3069
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-09-11.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
EV/EBIT RATIO
10.57x
EV/EBIT RATIO AVG TTM
14.90x
EV/EBIT RATIO AVG 3Y
15.58x
EV/EBIT RATIO AVG 5Y
19.38x
EV/EBIT RATIO AVG 10Y
20.25x
EV/EBIT RATIO AVG 15Y
15.55x
EV/EBIT RATIO AVG 20Y
17.48x
CURRENT VS TTM AVG
-29.05%
CURRENT VS 3Y AVG
-32.14%
CURRENT VS 5Y AVG
-45.47%
CURRENT VS 10Y AVG
-47.81%
CURRENT VS 15Y AVG
-32.04%
CURRENT VS 20Y AVG
-39.52%
SECTOR MEDIAN · ENERGY
13.30x
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
-20.53%
vs the sector median at left
First Solar, Inc.
Market Cap
$20.63B
EV/EBIT Ratio
10.57x
TTM Avg
14.90x
3Y Avg
15.58x
5Y Avg
19.38x
Market Cap
$20.15B
EV/EBIT Ratio
6.65x
TTM Avg
20.42x
3Y Avg
20.18x
5Y Avg
20.82x
Market Cap
$23.16B
EV/EBIT Ratio
34.09x
TTM Avg
42.60x
3Y Avg
39.62x
5Y Avg
34.82x
Market Cap
$26.65B
EV/EBIT Ratio
18.74x
TTM Avg
17.48x
3Y Avg
16.98x
5Y Avg
20.03x
Market Cap
$27.58B
EV/EBIT Ratio
13.18x
TTM Avg
13.75x
3Y Avg
10.45x
5Y Avg
13.91x
Market Cap
$10.15B
EV/EBIT Ratio
18.70x
TTM Avg
17.99x
3Y Avg
16.97x
5Y Avg
16.24x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Solar, Inc. (FSLR) | $20.63B | 10.57x | 14.90x | 15.58x | 19.38x |
| Expand Energy Corporation (EXE)vs › | $20.15B | 6.65x | 20.42x | 20.18x | 20.82x |
| Texas Pacific Land Corporation (TPL)vs › | $23.16B | 34.09x | 42.60x | 39.62x | 34.82x |
| APA Corporation (APA)vs › | $15.45B | 18.05x | 6.51x | 5.12x | 5.34x |
| Pembina Pipeline Corporation (PBA)vs › | $26.65B | 18.74x | 17.48x | 16.98x | 20.03x |
| Halliburton Company (HAL)vs › | $27.58B | 13.18x | 13.75x | 10.45x | 13.91x |
| Nextpower Inc. (NXT)vs › | $12.41B | 15.88x | 20.99x | 16.60x | 17.19x |
| Tenaris S.A. (TS)vs › | $29.92B | 13.35x | 10.80x | 7.63x | 10.28x |
| Antero Midstream Corporation (AM)vs › | $10.15B | 18.70x | 17.99x | 16.97x | 16.24x |
| EQT Corporation (EQT)vs › | $31.95B | 9.35x | 12.75x | 23.53x | 19.44x |
EV/EBIT = Enterprise Value / EBIT (TTM)
Enterprise value to EBIT compares total company value to operating earnings, accounting for depreciation unlike EV/EBITDA.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/EBIT RATIO |
|---|---|
| 2026-09-11 | 11.62x |
| 2026-09-10 | 11.51x |
| 2026-09-09 | 11.26x |
| 2026-09-08 | 11.87x |
| 2026-09-04 | 11.35x |
| 2026-09-03 | 11.52x |
| 2026-09-02 | 11.24x |
| 2026-09-01 | 11.06x |
| 2026-08-31 | 11.19x |
| 2026-08-28 | 11.35x |
| 2026-08-27 | 11.68x |
| 2026-08-26 | 11.43x |
| 2026-08-25 | 11.49x |
| 2026-08-24 | 11.58x |
| 2026-08-21 | 11.93x |
| 2026-08-20 | 11.92x |
| 2026-08-19 | 12.41x |
| 2026-08-18 | 12.27x |
| 2026-08-17 | 12.14x |
| 2026-08-14 | 12.60x |
| 2026-08-13 | 12.49x |
| 2026-08-12 | 12.67x |
| 2026-08-11 | 13.52x |
| 2026-08-10 | 13.42x |
| 2026-08-07 | 14.06x |
| 2026-08-06 | 13.71x |
| 2026-08-05 | 13.27x |
| 2026-08-04 | 13.68x |
| 2026-08-03 | 13.03x |
| 2026-07-31 | 11.74x |
| 2026-07-30 | 11.76x |
| 2026-07-29 | 11.33x |
| 2026-07-28 | 11.54x |
| 2026-07-27 | 11.75x |
| 2026-07-24 | 11.56x |
| 2026-07-23 | 11.75x |
| 2026-07-22 | 11.94x |
| 2026-07-21 | 11.76x |
| 2026-07-20 | 11.71x |
| 2026-07-17 | 12.13x |
| 2026-07-16 | 12.13x |
| 2026-07-15 | 12.87x |
| 2026-07-14 | 12.67x |
| 2026-07-13 | 12.70x |
| 2026-07-10 | 13.12x |
| 2026-07-09 | 13.16x |
| 2026-07-08 | 12.90x |
| 2026-07-07 | 13.12x |
| 2026-07-06 | 13.45x |
| 2026-07-02 | 12.92x |
| 2026-07-01 | 13.39x |
| 2026-06-30 | 13.63x |
| 2026-06-29 | 13.43x |
| 2026-06-26 | 13.83x |
| 2026-06-25 | 14.42x |
| 2026-06-24 | 14.41x |
| 2026-06-23 | 14.46x |
| 2026-06-22 | 15.33x |
| 2026-06-18 | 14.99x |
| 2026-06-17 | 14.81x |
| 2026-06-16 | 15.41x |
| 2026-06-15 | 15.98x |
| 2026-06-12 | 15.59x |
| 2026-06-11 | 15.83x |
| 2026-06-10 | 14.46x |
| 2026-06-09 | 15.27x |
| 2026-06-08 | 16.10x |
| 2026-06-05 | 16.32x |
| 2026-06-04 | 18.57x |
| 2026-06-03 | 18.78x |
| 2026-06-02 | 18.32x |
| 2026-06-01 | 17.82x |
| 2026-05-29 | 18.06x |
| 2026-05-28 | 17.85x |
| 2026-05-27 | 15.99x |
| 2026-05-26 | 15.76x |
| 2026-05-22 | 15.00x |
| 2026-05-21 | 14.44x |
| 2026-05-20 | 13.75x |
| 2026-05-19 | 12.74x |
| 2026-05-18 | 13.49x |
| 2026-05-15 | 13.47x |
| 2026-05-14 | 13.36x |
| 2026-05-13 | 13.55x |
| 2026-05-12 | 13.14x |
| 2026-05-11 | 13.46x |
| 2026-05-08 | 12.63x |
| 2026-05-07 | 12.29x |
| 2026-05-06 | 12.51x |
| 2026-05-05 | 12.59x |
| 2026-05-04 | 12.09x |
| 2026-05-01 | 12.11x |
| 2026-04-30 | 12.17x |
| 2026-04-29 | 11.41x |
| 2026-04-28 | 11.76x |
| 2026-04-27 | 11.87x |
| 2026-04-24 | 11.62x |
| 2026-04-23 | 11.78x |
| 2026-04-22 | 11.28x |
| 2026-04-21 | 11.14x |
| 2026-04-20 | 11.53x |
| 2026-04-17 | 11.40x |
| 2026-04-16 | 11.48x |
| 2026-04-15 | 11.72x |
| 2026-04-14 | 12.08x |
| 2026-04-13 | 12.06x |
| 2026-04-10 | 12.27x |
| 2026-04-09 | 11.85x |
| 2026-04-08 | 12.09x |
| 2026-04-07 | 11.52x |
| 2026-04-06 | 11.74x |
| 2026-04-02 | 11.72x |
| 2026-04-01 | 12.00x |
| 2026-03-31 | 11.86x |
| 2026-03-30 | 11.01x |
| 2026-03-27 | 11.39x |
| 2026-03-26 | 11.08x |
| 2026-03-25 | 11.60x |
| 2026-03-24 | 11.56x |
| 2026-03-23 | 11.36x |
| 2026-03-20 | 11.56x |
| 2026-03-19 | 12.02x |
| 2026-03-18 | 11.89x |
| 2026-03-17 | 12.07x |
| 2026-03-16 | 12.00x |
| 2026-03-13 | 11.77x |
| 2026-03-12 | 11.88x |
| 2026-03-11 | 12.06x |
| 2026-03-10 | 11.89x |
| 2026-03-09 | 11.73x |
| 2026-03-06 | 11.31x |
| 2026-03-05 | 11.49x |
| 2026-03-04 | 11.86x |
| 2026-03-03 | 11.87x |
| 2026-03-02 | 12.03x |
| 2026-02-27 | 11.85x |
| 2026-02-26 | 12.05x |
| 2026-02-25 | 12.72x |
| 2026-02-24 | 16.64x |
| 2026-02-23 | 16.56x |
| 2026-02-20 | 16.54x |
| 2026-02-19 | 15.93x |
| 2026-02-18 | 16.31x |
| 2026-02-17 | 15.41x |
| 2026-02-13 | 15.39x |
| 2026-02-12 | 15.01x |
| 2026-02-11 | 15.53x |
| 2026-02-10 | 15.43x |
| 2026-02-09 | 15.13x |
| 2026-02-06 | 14.89x |
| 2026-02-05 | 16.01x |
| 2026-02-04 | 16.27x |
| 2026-02-03 | 16.34x |
| 2026-02-02 | 15.74x |
| 2026-01-30 | 15.38x |
| 2026-01-29 | 15.27x |
| 2026-01-28 | 17.08x |
| 2026-01-27 | 16.06x |
| 2026-01-26 | 16.62x |
| 2026-01-23 | 16.56x |
| 2026-01-22 | 16.39x |
| 2026-01-21 | 16.68x |
| 2026-01-20 | 16.56x |
| 2026-01-16 | 16.68x |
| 2026-01-15 | 16.67x |
| 2026-01-14 | 16.16x |
| 2026-01-13 | 16.51x |
| 2026-01-12 | 16.26x |
| 2026-01-09 | 16.31x |
| 2026-01-08 | 16.86x |
| 2026-01-07 | 16.49x |
| 2026-01-06 | 18.47x |
| 2026-01-05 | 18.70x |
| 2026-01-02 | 18.86x |
| 2025-12-31 | 17.93x |
| 2025-12-30 | 18.15x |
| 2025-12-29 | 18.43x |
| 2025-12-26 | 18.53x |
| 2025-12-24 | 18.71x |
| 2025-12-23 | 18.51x |
| 2025-12-22 | 19.59x |
| 2025-12-19 | 18.34x |
| 2025-12-18 | 17.97x |
| 2025-12-17 | 17.41x |
| 2025-12-16 | 17.73x |
| 2025-12-15 | 17.54x |
| 2025-12-12 | 17.47x |
| 2025-12-11 | 18.75x |
| 2025-12-10 | 18.00x |
| 2025-12-09 | 17.37x |
| 2025-12-08 | 17.54x |
| 2025-12-05 | 17.67x |
| 2025-12-04 | 17.64x |
| 2025-12-03 | 17.56x |
| 2025-12-02 | 18.02x |
| 2025-12-01 | 18.09x |
| 2025-11-28 | 18.76x |
| 2025-11-26 | 18.71x |
| 2025-11-25 | 17.86x |
| 2025-11-24 | 17.83x |
| 2025-11-21 | 17.12x |
| 2025-11-20 | 16.83x |
| 2025-11-19 | 17.26x |
| 2025-11-18 | 17.28x |
| 2025-11-17 | 17.38x |
| 2025-11-14 | 17.34x |
| 2025-11-13 | 17.59x |
| 2025-11-12 | 18.38x |
| 2025-11-11 | 18.13x |
| 2025-11-10 | 18.74x |
| 2025-11-07 | 18.38x |
| 2025-11-06 | 18.69x |
| 2025-11-05 | 19.08x |
| 2025-11-04 | 18.03x |
| 2025-11-03 | 18.25x |
| 2025-10-31 | 18.33x |
| 2025-10-30 | 18.40x |
| 2025-10-29 | 19.04x |
| 2025-10-28 | 18.88x |
| 2025-10-27 | 19.52x |
| 2025-10-24 | 19.02x |
| 2025-10-23 | 18.04x |
| 2025-10-22 | 17.59x |
| 2025-10-21 | 17.87x |
| 2025-10-20 | 18.04x |
| 2025-10-17 | 18.27x |
| 2025-10-16 | 18.73x |
| 2025-10-15 | 19.26x |
| 2025-10-14 | 17.68x |
| 2025-10-13 | 17.82x |
| 2025-10-10 | 17.80x |
| 2025-10-09 | 18.46x |
| 2025-10-08 | 18.23x |
| 2025-10-07 | 17.95x |
| 2025-10-06 | 18.09x |
| 2025-10-03 | 18.13x |
| 2025-10-02 | 18.29x |
| 2025-10-01 | 17.71x |
| 2025-09-30 | 17.37x |
| 2025-09-29 | 17.61x |
| 2025-09-26 | 17.33x |
| 2025-09-25 | 17.57x |
| 2025-09-24 | 17.26x |
| 2025-09-23 | 16.99x |
| 2025-09-22 | 17.27x |
| 2025-09-19 | 16.74x |
| 2025-09-18 | 16.51x |
| 2025-09-17 | 16.60x |
| 2025-09-16 | 16.16x |
| 2025-09-15 | 16.30x |
| 2025-09-12 | 15.88x |
| 2025-09-11 | 16.01x |
| 2025-09-10 | 16.05x |
| 2025-09-09 | 15.99x |
| 2025-09-08 | 16.00x |
| 2025-09-05 | 16.16x |
| 2025-09-04 | 15.90x |
| 2025-09-03 | 15.87x |
| 2025-09-02 | 15.42x |
| 2025-08-29 | 15.37x |
Showing the most recent 260 of 3,939 data points. The chart above shows the full history.
