First Solar

First Solar Net Debt/FCF

The Net Debt to Free Cash Flow Ratio of First Solar (FSLR) as of Sep 21, 2026 is -1.95. In the previous year, Net Debt to Free Cash Flow Ratio was 3.74 — a change of -152.23% (lower).

Net Debt/FCF

-1.95

YoY

-152.23%

Last updated:

Net Debt to Free Cash Flow Ratio of First Solar is 2026 -1.95 . Net Debt to Free Cash Flow Ratio of First Solar was 2025 3.74 . It decreases by -152.23% lower compared to the previous year.

The First Solar Net Debt/FCF history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Net Debt/FCF
Date
Net Debt/FCF
Jan 1, 2018
1.95 USD
Jan 1, 2019
3.42 USD
Jan 1, 2020
3.87 USD
Jan 1, 2021
5.24 USD
Jan 1, 2022
79.17 USD
Jan 1, 2023
1.94 USD
Jan 1, 2024
3.74 USD
Jan 1, 2025
-1.95 USD
The First Solar Net Debt/FCF history
YEARNet Debt/FCFYoY
-1.95-152.23%
3.74+92.38%
1.94-97.54%
79.17+1,410.98%
5.24+35.46%
3.87+13.01%
3.42+75.48%
1.95-163.15%
-3.09-104.03%
76.66+2,523.70%
2.92-169.60%
-4.20
Access this data via the Eulerpool API

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

Net Debt to Free Cash Flow Ratio of First Solar is -1.95 in 2026.

Net Debt to Free Cash Flow Ratio of First Solar changed from 3.74 to -1.95, representing a -152.23% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Net Debt to Free Cash Flow Ratio First Solar since 2006 – with annual values, charts, and detailed analysis.

Net Debt/FCF indicates how many years it would take to repay net debt using free cash flow. Lower ratios suggest faster deleveraging potential.

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

Access this data via the Eulerpool API

Leverage — First Solar

All Key Metrics — First Solar