First Solar

First Solar Asset Turnover

The Asset Turnover Ratio of First Solar (FSLR) as of Oct 21, 2026 is 0.39. In the previous year, Asset Turnover Ratio was 0.35 — a change of 12.94% (higher).

Asset Turnover

0.39

YoY

12.94%

Last updated:

Asset Turnover Ratio of First Solar is 2025 0.39 . Asset Turnover Ratio of First Solar was 2024 0.35 . It decreases by 12.94% higher compared to the previous year.

The First Solar Asset Turnover history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Asset Turnover
Date
Asset Turnover
Jan 1, 2018
0.32 USD
Jan 1, 2019
0.41 USD
Jan 1, 2020
0.38 USD
Jan 1, 2021
0.39 USD
Jan 1, 2022
0.32 USD
Jan 1, 2023
0.32 USD
Jan 1, 2024
0.35 USD
Jan 1, 2025
0.39 USD
The First Solar Asset Turnover history
YEARAsset TurnoverYoY
0.39+12.94%
0.35+8.36%
0.32+0.86%
0.32-19.50%
0.39+3.39%
0.38-6.42%
0.41+29.34%
0.32-26.46%
0.43+1.31%
0.42-24.76%
0.56+11.46%
0.50—

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First Solar Stock analysis

What does First Solar do? First Solar Inc. is a global company that was founded in 1999 and is based in Tempe, Arizona. The company specializes in the development, manufacturing, and marketing of photovoltaic modules, as well as the planning, construction, and maintenance of photovoltaic power plants. First Solar distinguishes itself from many other solar companies by focusing on the CdTe technology, which offers advantages in terms of cost, energy efficiency, and environmental sustainability compared to conventional silicon-based solar cells. The company's main business areas include the development and sale of photovoltaic modules, as well as the planning, construction, and maintenance of photovoltaic power plants. It operates worldwide, with a focus on the North American, European, and Asian markets. First Solar is one of the most popular companies on Eulerpool.

Frequently Asked Questions about First Solar stock

Asset Turnover Ratio of First Solar is 0.39 in 2025.

Asset Turnover Ratio of First Solar changed from 0.35 to 0.39, representing a 12.94% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Asset Turnover Ratio First Solar since 2006 – with annual values, charts, and detailed analysis.

Asset turnover measures how efficiently a company uses its assets to generate revenue. Higher ratios indicate more efficient asset utilization.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Asset Turnover Ratio's First Solar with sector peers and the industry average to assess whether it is attractive.

To evaluate Asset Turnover Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Asset Turnover Ratio.

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Profitability — First Solar

ROEROAROCEROICAsset TurnoverInventory TurnoverReceivables TurnoverDays Sales OutstandingDays Inventory OutstandingDays Payable OutstandingCash Conversion CycleCROICGross Profit/AssetsFixed Asset TurnoverEquity TurnoverWorking Capital TurnoverPayables TurnoverCapital IntensityReceivables/RevenueInventory/RevenueEBIT/Assets

All Key Metrics — First Solar