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First Solar Inc   (FSLR)
Other Ticker:  
 
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology

First Solar Inc 's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for First Solar Inc in the forth quarter 2023?
First Solar Inc achieved a return on average equity (ROE) of 13.35 % in its forth quarter 2023, this is above FSLR's average return on equity of 8.79%.
First Solar Inc s equity during the 12 months ending in the forth quarter 2023 are valued at $6 billion

ROE has advanced compared to 7.88% in the third quarter 2023, due to net income growth.

Within the Semiconductors industry 16 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to 658, from total ROE ranking in the third quarter 2023 at 1602.

What is ROE?



Return On Equity (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity Change 14.59 % 8.13 % 2.44 % -0.11 % -
Y / Y Net Income Change - - 205.67 % - -
Net Income (TTM) in Millions 831 474 156 42 -44
Return On Equity (TTM) 13.35 % 7.88 % 2.65 % 0.71 % -0.75 %
FSLR's Total Ranking # 658 # 1602 # 2066 # 316 # 0
Equity (TTM) in Millions 6,687 6,302 6,040 5,869 5,836
Seq. Equity Change 6.11 % 4.35 % 2.91 % 0.56 % 0.13 %
Seq. Net Income Change 30.12 % 57.35 % 300.79 % - -

Return On Equity Company Ranking
Within: No.
Industry # 17
Sector # 83
Overall # 658

Return On Equity Statistics
High Average Low
92.09 %
8.79 %
-19.42 %
(Dec. 31, 2008)   (Sep. 30, 2012)





FSLR Annual Return On Equity (Dec 31 2023)
2023
(Dec 31 2022)
2022
(Dec 31 2021)
2021
(Dec 31 2020)
2020
(Dec 31 2019)
2019
Total Equity in Millions 6,687 5,836 5,960 5,521 5,097
Y / Y Equity Change 14.59 % -2.07 % 7.94 % 8.32 % -2.22 %
Net Income in Millions 831 -44 469 398 -115
Y / Y Net Income Change - - 17.66 % - -
Return On Equity 12.42 % -0.76 % 7.86 % 7.22 % -2.26 %





Annual Roe Comment
In 2023 ROE improved to 12.42 % compared to the previous year, due to net income growth.


More Return On Equity Ratios
Semiconductors Industry Roe Trends and Statistics
Technology Sector Return On Equity Statistics
FSLR's' Return on Equity at Yahoo Finance
FSLR's Roe Ratio versus Semiconductors Industry, Technology Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Roe for FSLR's Competitors
Return On Equity for First Solar Inc 's Suppliers
Roe for FSLR's Customers




Companies with similar Return On Equity at Dec 31 2023, within Technology Sector ROE
Qualcomm Inc  36.53 %
Rambus Inc   36.09 %
Espey Mfg and Electronics Corp   35.71 %
Adobe Inc   35.40 %
Teradata Corporation  35.18 %
Microchip Technology Incorporated  34.41 %
International Business Machines Corporation  33.88 %
Cadence Design Systems Inc   33.67 %
Broadcom Inc   33.63 %
Arista Networks inc   33.52 %
Pegasystems Inc   33.02 %
Nxp Semiconductors N v   32.73 %
Super Micro Computer Inc   32.61 %
Nve Corp  32.31 %
Blackline Inc   30.68 %
Rockwell Automation Inc   30.49 %
On Semiconductor Corporation  30.38 %
Cisco Systems Inc   30.19 %
Jabil Inc  29.18 %
Factset Research Systems Inc   29.10 %
Hubbell Inc  28.49 %
Meta Platforms Inc   28.19 %
Marathon Digital Holdings Inc   27.66 %
Servicenow Inc   27.49 %
Alphabet Inc   27.22 %
Aehr Test Systems  26.97 %
Logitech International S a   26.82 %
Vertiv Holdings Co  26.53 %
Stmicroelectronics N v   25.05 %
Amphenol Corporation  24.90 %


Date modified: 2024-02-28T15:35:23+00:00



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