First Solar

First Solar Fixed Asset Turnover

The Fixed Asset Turnover of First Solar (FSLR) as of Oct 21, 2026 is 0.72. In the previous year, Fixed Asset Turnover was 1.01 — a change of -28.86% (lower).

Fixed Asset Turnover

0.72

YoY

-28.86%

Last updated:

Fixed Asset Turnover of First Solar is 2022 0.72 . Fixed Asset Turnover of First Solar was 2021 1.01 . It decreases by -28.86% lower compared to the previous year.

The First Solar Fixed Asset Turnover history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Fixed Asset Turnover
Date
Fixed Asset Turnover
Jan 1, 2015
2.95 USD
Jan 1, 2016
3.98 USD
Jan 1, 2017
2.32 USD
Jan 1, 2018
1.19 USD
Jan 1, 2019
1.31 USD
Jan 1, 2020
1.04 USD
Jan 1, 2021
1.01 USD
Jan 1, 2022
0.72 USD
The First Solar Fixed Asset Turnover history
YEARFixed Asset TurnoverYoY
0.72-28.86%
1.01-2.77%
1.04-20.38%
1.31+9.95%
1.19-48.72%
2.32-41.72%
3.98+34.73%
2.95+32.26%
2.23—

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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

Fixed Asset Turnover of First Solar is 0.72 in 2022.

Fixed Asset Turnover of First Solar changed from 1.01 to 0.72, representing a -28.86% change. The value is lower than the previous year.

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

Fixed asset turnover measures revenue generated per unit of PP&E. Higher ratios indicate more efficient utilization of physical assets.

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

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

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Profitability — First Solar

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