EV/EBITDA Ratio: 10.74x
Is the EV/EBITDA ratio high or low?
The EV/EBITDA ratio of 10.74x is 45% below its 5-year average of 19.67x, near the low end of its 5-year range (6.45x–76.24x).
As of Friday, June 26, 2026. 4.94% below its 12-month average of 11.30x.
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
10.74x
EV/EBITDA RATIO AVG TTM
11.30x
EV/EBITDA RATIO AVG 3Y
12.66x
EV/EBITDA RATIO AVG 5Y
13.44x
EV/EBITDA RATIO AVG 10Y
16.71x
EV/EBITDA RATIO AVG 15Y
13.29x
EV/EBITDA RATIO AVG 20Y
14.56x
CURRENT VS TTM AVG
-4.94%
CURRENT VS 3Y AVG
-15.20%
CURRENT VS 5Y AVG
-20.10%
CURRENT VS 10Y AVG
-35.74%
CURRENT VS 15Y AVG
-19.21%
CURRENT VS 20Y AVG
-26.24%
FSLR Competitors' EV/EBITDA Ratio
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Solar, Inc. (FSLR) | $26.72B | 10.74x | 11.30x | 12.66x | 13.44x |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 5.76x | 5.81x | 5.39x | 6.37x |
| Halliburton Company (HAL)vs › | $28.76B | 8.40x | 7.57x | 7.43x | 9.53x |
| Tenaris S.A. (TS)vs › | $30.69B | 9.35x | 7.81x | 5.66x | 6.23x |
| Expand Energy Corporation (EXE)vs › | $21.19B | 3.31x | 9.01x | 8.48x | 6.32x |
| EQT Corporation (EQT)vs › | $32.31B | 4.94x | 7.76x | 7.92x | 9.85x |
| APA Corporation (APA)vs › | $11.81B | 2.85x | 2.73x | 3.07x | 3.50x |
| Antero Midstream Corporation (AM)vs › | $10.78B | 14.75x | 12.58x | 11.58x | 10.94x |
| Cameco Corporation (CCJ)vs › | $45.11B | 51.73x | 54.65x | 53.43x | 51.65x |
| Enphase Energy, Inc. (ENPH)vs › | $6.22B | 27.77x | 21.01x | 35.81x | 66.14x |
EV/EBITDA vs. its own history
At 10.7, EV/EBITDA is cheaper than usual, sitting higher than 35% of its 20-year history.
20-year low
2.6
median
13.1
20-year high
336.5
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 10.74x.
- Is First Solar, Inc.'s EV/EBITDA ratio high or low?
- The EV/EBITDA ratio of 10.74x is 45% below its 5-year average of 19.67x, near the low end of its 5-year range (6.45x–76.24x).
- What is the TTM average EV/EBITDA ratio for First Solar, Inc. (FSLR)?
- The TTM average EV/EBITDA ratio for FSLR stock is 11.30x.
- What is the 3Y average EV/EBITDA ratio for First Solar, Inc. (FSLR)?
- The 3Y average EV/EBITDA ratio for FSLR stock is 12.66x.
- What is the 5Y average EV/EBITDA ratio for First Solar, Inc. (FSLR)?
- The 5Y average EV/EBITDA ratio for FSLR stock is 13.44x.
- What is the 10Y average EV/EBITDA ratio for First Solar, Inc. (FSLR)?
- The 10Y average EV/EBITDA ratio for FSLR stock is 16.71x.
- What is the 15Y average EV/EBITDA ratio for First Solar, Inc. (FSLR)?
- The 15Y average EV/EBITDA ratio for FSLR stock is 13.29x.
- What is the 20Y average EV/EBITDA ratio for First Solar, Inc. (FSLR)?
- The 20Y average EV/EBITDA ratio for FSLR stock is 14.56x.
FSLR EV/EBITDA Ratio History
| DATE | EV/EBITDA RATIO |
|---|---|
| 2026-06-25 | 10.74x |
| 2026-06-24 | 10.73x |
| 2026-06-23 | 10.77x |
| 2026-06-22 | 11.41x |
| 2026-06-18 | 11.16x |
| 2026-06-17 | 11.03x |
| 2026-06-16 | 11.47x |
| 2026-06-15 | 11.90x |
| 2026-06-12 | 11.61x |
| 2026-06-11 | 11.79x |
| 2026-06-10 | 10.77x |
| 2026-06-09 | 11.37x |
| 2026-06-08 | 11.99x |
| 2026-06-05 | 12.15x |
| 2026-06-04 | 13.83x |
| 2026-06-03 | 13.98x |
| 2026-06-02 | 13.64x |
| 2026-06-01 | 13.27x |
| 2026-05-29 | 13.45x |
| 2026-05-28 | 13.29x |
| 2026-05-27 | 11.91x |
| 2026-05-26 | 11.73x |
| 2026-05-22 | 11.17x |
| 2026-05-21 | 10.75x |
| 2026-05-20 | 10.24x |
| 2026-05-19 | 9.49x |
| 2026-05-18 | 10.04x |
| 2026-05-15 | 10.03x |
| 2026-05-14 | 9.95x |
| 2026-05-13 | 10.09x |
| 2026-05-12 | 9.78x |
| 2026-05-11 | 10.02x |
| 2026-05-08 | 9.40x |
| 2026-05-07 | 9.15x |
| 2026-05-06 | 9.31x |
| 2026-05-05 | 9.38x |
| 2026-05-04 | 9.01x |
| 2026-05-01 | 9.02x |
| 2026-04-30 | 8.56x |
| 2026-04-29 | 8.46x |
| 2026-04-28 | 8.72x |
| 2026-04-27 | 8.80x |
| 2026-04-24 | 8.61x |
| 2026-04-23 | 8.73x |
| 2026-04-22 | 8.36x |
| 2026-04-21 | 8.26x |
| 2026-04-20 | 8.55x |
| 2026-04-17 | 8.45x |
| 2026-04-16 | 8.51x |
| 2026-04-15 | 8.68x |
| 2026-04-14 | 8.96x |
| 2026-04-13 | 8.94x |
| 2026-04-10 | 9.10x |
| 2026-04-09 | 8.79x |
| 2026-04-08 | 8.96x |
| 2026-04-07 | 8.54x |
| 2026-04-06 | 8.70x |
| 2026-04-02 | 8.69x |
| 2026-04-01 | 8.90x |
| 2026-03-31 | 8.79x |
| 2026-03-30 | 8.16x |
| 2026-03-27 | 8.44x |
| 2026-03-26 | 8.22x |
| 2026-03-25 | 8.60x |
| 2026-03-24 | 8.57x |
| 2026-03-23 | 8.42x |
| 2026-03-20 | 8.57x |
| 2026-03-19 | 8.91x |
| 2026-03-18 | 8.82x |
| 2026-03-17 | 8.95x |
| 2026-03-16 | 8.90x |
| 2026-03-13 | 8.73x |
| 2026-03-12 | 8.80x |
| 2026-03-11 | 8.94x |
| 2026-03-10 | 8.81x |
| 2026-03-09 | 8.69x |
| 2026-03-06 | 8.39x |
| 2026-03-05 | 8.51x |
| 2026-03-04 | 8.79x |
| 2026-03-03 | 8.80x |
| 2026-03-02 | 8.92x |
| 2026-02-27 | 8.78x |
| 2026-02-26 | 8.93x |
| 2026-02-25 | 9.43x |
| 2026-02-24 | 11.08x |
| 2026-02-23 | 12.27x |
| 2026-02-20 | 12.26x |
| 2026-02-19 | 11.80x |
| 2026-02-18 | 12.08x |
| 2026-02-17 | 11.42x |
| 2026-02-13 | 11.40x |
| 2026-02-12 | 11.12x |
| 2026-02-11 | 11.51x |
| 2026-02-10 | 11.43x |
| 2026-02-09 | 11.21x |
| 2026-02-06 | 11.03x |
| 2026-02-05 | 11.86x |
| 2026-02-04 | 12.05x |
| 2026-02-03 | 12.11x |
| 2026-02-02 | 11.66x |
| 2026-01-30 | 11.39x |
| 2026-01-29 | 11.31x |
| 2026-01-28 | 12.65x |
| 2026-01-27 | 11.89x |
| 2026-01-26 | 12.31x |
| 2026-01-23 | 12.27x |
| 2026-01-22 | 12.14x |
| 2026-01-21 | 12.35x |
| 2026-01-20 | 12.27x |
| 2026-01-16 | 12.35x |
| 2026-01-15 | 12.35x |
| 2026-01-14 | 11.97x |
| 2026-01-13 | 12.23x |
| 2026-01-12 | 12.04x |
| 2026-01-09 | 12.09x |
| 2026-01-08 | 12.49x |
| 2026-01-07 | 12.21x |
| 2026-01-06 | 13.68x |
| 2026-01-05 | 13.85x |
| 2026-01-02 | 13.97x |
| 2025-12-31 | 13.28x |
| 2025-12-30 | 13.44x |
| 2025-12-29 | 13.65x |
| 2025-12-26 | 13.73x |
| 2025-12-24 | 13.86x |
| 2025-12-23 | 13.71x |
| 2025-12-22 | 14.52x |
| 2025-12-19 | 13.58x |
| 2025-12-18 | 13.31x |
| 2025-12-17 | 12.90x |
| 2025-12-16 | 13.14x |
| 2025-12-15 | 13.00x |
| 2025-12-12 | 12.94x |
| 2025-12-11 | 13.89x |
| 2025-12-10 | 13.33x |
| 2025-12-09 | 12.87x |
| 2025-12-08 | 13.00x |
| 2025-12-05 | 13.09x |
| 2025-12-04 | 13.07x |
| 2025-12-03 | 13.01x |
| 2025-12-02 | 13.35x |
| 2025-12-01 | 13.40x |
| 2025-11-28 | 13.90x |
| 2025-11-26 | 13.86x |
| 2025-11-25 | 13.23x |
| 2025-11-24 | 13.21x |
| 2025-11-21 | 12.68x |
| 2025-11-20 | 12.47x |
| 2025-11-19 | 12.78x |
| 2025-11-18 | 12.80x |
| 2025-11-17 | 12.87x |
| 2025-11-14 | 12.85x |
| 2025-11-13 | 13.03x |
| 2025-11-12 | 13.61x |
| 2025-11-11 | 13.43x |
| 2025-11-10 | 13.88x |
| 2025-11-07 | 13.62x |
| 2025-11-06 | 13.85x |
| 2025-11-05 | 14.13x |
| 2025-11-04 | 13.36x |
| 2025-11-03 | 13.52x |
| 2025-10-31 | 13.58x |
| 2025-10-30 | 11.82x |
| 2025-10-29 | 13.88x |
| 2025-10-28 | 13.76x |
| 2025-10-27 | 14.23x |
| 2025-10-24 | 13.87x |
| 2025-10-23 | 13.15x |
| 2025-10-22 | 12.83x |
| 2025-10-21 | 13.03x |
| 2025-10-20 | 13.15x |
| 2025-10-17 | 13.32x |
| 2025-10-16 | 13.66x |
| 2025-10-15 | 14.04x |
| 2025-10-14 | 12.89x |
| 2025-10-13 | 12.99x |
| 2025-10-10 | 12.97x |
| 2025-10-09 | 13.46x |
| 2025-10-08 | 13.29x |
| 2025-10-07 | 13.09x |
| 2025-10-06 | 13.19x |
| 2025-10-03 | 13.22x |
| 2025-10-02 | 13.33x |
| 2025-10-01 | 12.91x |
| 2025-09-30 | 12.66x |
| 2025-09-29 | 12.84x |
| 2025-09-26 | 12.64x |
| 2025-09-25 | 12.81x |
| 2025-09-24 | 12.59x |
| 2025-09-23 | 12.39x |
| 2025-09-22 | 12.59x |
| 2025-09-19 | 12.20x |
| 2025-09-18 | 12.04x |
| 2025-09-17 | 12.10x |
| 2025-09-16 | 11.79x |
| 2025-09-15 | 11.89x |
| 2025-09-12 | 11.58x |
| 2025-09-11 | 11.67x |
| 2025-09-10 | 11.70x |
| 2025-09-09 | 11.66x |
| 2025-09-08 | 11.67x |
| 2025-09-05 | 11.78x |
| 2025-09-04 | 11.59x |
| 2025-09-03 | 11.57x |
| 2025-09-02 | 11.24x |
| 2025-08-29 | 11.21x |
| 2025-08-28 | 11.31x |
| 2025-08-27 | 10.98x |
| 2025-08-26 | 11.29x |
| 2025-08-25 | 11.45x |
| 2025-08-22 | 11.61x |
| 2025-08-21 | 11.02x |
| 2025-08-20 | 11.85x |
| 2025-08-19 | 12.11x |
| 2025-08-18 | 12.60x |
| 2025-08-15 | 11.48x |
| 2025-08-14 | 10.33x |
| 2025-08-13 | 10.61x |
| 2025-08-12 | 10.60x |
| 2025-08-11 | 10.45x |
| 2025-08-08 | 10.60x |
| 2025-08-07 | 10.65x |
| 2025-08-06 | 10.62x |
| 2025-08-05 | 10.73x |
| 2025-08-04 | 10.53x |
| 2025-08-01 | 10.56x |
| 2025-07-31 | 10.03x |
| 2025-07-30 | 10.20x |
| 2025-07-29 | 10.36x |
| 2025-07-28 | 10.46x |
| 2025-07-25 | 10.56x |
| 2025-07-24 | 10.29x |
| 2025-07-23 | 10.24x |
| 2025-07-22 | 10.25x |
| 2025-07-21 | 10.16x |
| 2025-07-18 | 10.01x |
| 2025-07-17 | 9.88x |
| 2025-07-16 | 9.49x |
| 2025-07-15 | 9.79x |
| 2025-07-14 | 9.15x |
| 2025-07-11 | 9.24x |
| 2025-07-10 | 9.39x |
| 2025-07-09 | 9.44x |
| 2025-07-08 | 9.42x |
| 2025-07-07 | 10.08x |
| 2025-07-03 | 10.54x |
| 2025-07-02 | 9.71x |
| 2025-07-01 | 9.27x |
| 2025-06-30 | 9.42x |
| 2025-06-27 | 8.65x |
| 2025-06-26 | 8.85x |
| 2025-06-25 | 8.68x |
| 2025-06-24 | 8.59x |
| 2025-06-23 | 8.22x |
| 2025-06-20 | 8.24x |
| 2025-06-18 | 8.16x |
| 2025-06-17 | 8.17x |
| 2025-06-16 | 9.98x |
| 2025-06-13 | 9.97x |
| 2025-06-12 | 9.55x |
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