OakChart

First Solar Inc

FSLRTechnology·Solar·USA·Large·NASD·Nov 13 • 7:04 AM ET

173.22+0.92 (0.53%)
2026-11-13 13:04 CET
Market cap
$18.62B
Revenue, TTM
5,014.15 USD m
Net income, TTM
1,861.13 USD m
Free cash flow, TTM
232.79 USD m
EPS diluted, TTM
17.28
Price / earnings
10.02
Compare

Price

FSLR against its 20, 50 and 200-day averages
Terms2050200Beat
Patternshover a marker to name it
RS 5Sales 1,466Price1,4661,622200.00250.00300.004.4M8.8MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26FSLRclose 173.2220-day 179.5750-day 184.60200-day 213.17173.2252w high 320.9552-week range, not 6 months

46.0% under the 52-week high of 320.95 on 3 Jun 2026. 52-week low 165.86 on 26 Oct 2026. Last 15 sessions, 29.5% high to low

Volume 0.04× normal · the line is the 50-bar volume average

Setup. RS line 5
CANSLIM 3 of 6 — fails: EPS Growth This Year: High (>25%); 52-Week High/Low: 0-10% below High; Performance: Year +50%
VCP 2 of 6 — fails: 200-Day Simple Moving Average: Price above SMA200; 50-Day Simple Moving Average: SMA50 above SMA200; 52-Week High/Low: 0-10% below High; Average True Range: Under 2
Minervini 0 of 4 — fails: 200-Day Simple Moving Average: Price above SMA200; 50-Day Simple Moving Average: SMA50 above SMA200; 52-Week High/Low: 0-10% below High; Performance: Year +50%
Zanger 0 of 5 — fails: RSI (14): Not Oversold (>50); Performance: Week +10%; 20-Day High/Low: 0-5% below High; Relative Volume: Over 1.5; 200-Day Simple Moving Average: Price above SMA200
Leaders 1 of 5 — fails: 50-Day Simple Moving Average: Price above SMA50; 200-Day Simple Moving Average: Price above SMA200; Performance: Year +50%; 52-Week High/Low: 0-10% below High
Breakout 0 of 4 — fails: 52-Week High/Low: New High; Relative Volume: Over 2; 50-Day Simple Moving Average: Price above SMA50; 200-Day Simple Moving Average: Price above SMA200
Growth 3 of 4 — fails: EPS Growth This Year: High (>25%)
Quality 5 of 5
Value 4 of 4
Income 2 of 4 — fails: Dividend Growth: Growing 2+ Years — not on the tape: Dividend Yield: Over 2%
Small Cap 1 of 4 — fails: Float: Under 100M; 200-Day Simple Moving Average: Price above SMA200; Performance: Year +50%
Accumulation 1 of 4 — fails: Institutional Transactions: Over +10%; 200-Day Simple Moving Average: Price above SMA200; Performance: Year Up
Relative Strength 1 of 3 — fails: Performance: Year +100%; 200-Day Simple Moving Average: Price above SMA200

Profile

FSLR
52-week range, 5% of the way up
165.86320.95

First Solar, Inc. is a solar technology company, which engages in the provision of solar modules. It is involved in the design, manufacture, and sale of cadmium tellurid (CdTe) solar modules, which convert sunlight into electricity. The company was founded by Michael J. Ahearn in 1999 and is headquartered in Phoenix, AZ.

IndexS&P 500, RUI
Employees7900
IPONov 17, 2006
Beta1.71
ATR, 14d9.78
Rel volume0.04
Short float11.06%
Insider own5.53%
Inst own102.97%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap$18.62B
Enterprise Value17.32B
Income1.86B
Sales5.01B
Book / share101.23
Cash / share15.12
Dividend Est.-
Dividend TTM-
Dividend Ex-Date-
Dividend Gr. 3/5Y- -
Payout0.00%
Employees7900
IPONov 17, 2006

Ratios

Price / earnings10.02
Forward price / earnings7.47
Price / earnings / growth0.30
Price / sales3.71
Price / book1.71
Price / cash11.45
Price / free cash flow79.98
Value / cash profit6.81
Value / sales3.45
Quick Ratio2.02
Current Ratio2.57
Debt / equity0.03
Long-term debt / equity0.02
Options and shortYes / Yes

Earnings

Earnings / share17.28
Earnings next year23.19
Earnings next quarter5.24
Earnings this year23.93%
Earnings next year31.68%
Earnings growth, 5 years25.10%
Past earnings growth- 30.65%
Past sales growth25.84% 14.00%
Earnings vs last year32.62%
Sales vs last year-0.72%
Earnings vs last quarter25.06%
Sales vs last quarter-22.82%
EarningsOct 29 AMC
Surprise13.44% -4.51%

Ownership

Insiders own5.53%
Insider trades-0.96%
Institutions own102.97%
Institution trades2.61%
Return on assets13.55%
Return on equity18.71%
Return on capital16.80%
Gross Margin49.24%
Operating margin39.07%
Profit Margin37.12%
20-day average-3.54%
50-day average-6.16%
200-day average-18.74%

Technical

Shares out107.48M
Shares floating101.54M
Short / float11.06%
Short ratio4.53
Short interest11.23M
52-week high320.95 -46.0%
52-week low165.86 +4.4%
Volatility5.33% 5.03%
Average range9.78
Strength index42.34
Market sensitivity1.71
Relative volume0.04
Avg Volume2.48M
Volume4,707

Performance

Perf Week-13.88%
Perf Month-3.13%
Perf Quarter-20.49%
Perf Half Y-25.77%
Perf YTD-33.69%
Perf Year-32.49%
Perf 3Y29.42%
Perf 5Y56.17%
Perf 10Y440.30%
Recommendation1.65
Target Price255.04
Prev Close172.30
Price173.22
Change %0.53%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Nov 05, 2026UpgradeWilliam BlairMkt Perform → Outperform
Oct 12, 2026UpgradeTruistHold → Buy$270+55.9%
Sep 28, 2026UpgradeKeyBanc Capital MarketsUnderweight → Sector Weight
Sep 09, 2026InitiatedPiper SandlerOverweight$260+50.1%
Aug 27, 2026UpgradeBMO Capital MarketsMarket Perform → Outperform$263+51.8%
Aug 11, 2026UpgradeRobert W. BairdNeutral → Outperform$318+83.6%
Aug 07, 2026UpgradeHSBC SecuritiesHold → Buy
Jul 14, 2026InitiatedTruistHold$249+43.7%
Jul 07, 2026UpgradeDeutsche BankHold → Buy$272+57.0%
Jun 17, 2026InitiatedBernsteinUnderperform$217+25.3%

Peers

Mkt cap
TickerCompanyMkt cap
CSIQCanadian Solar Inc683.72M
JKSJinko Holdings Ltd ADR488.02M
NXTNextpower Inc14.11B
ARRYArray Technologies Inc743.58M
ENPHEnphase Energy Inc3.57B
SEDGSolaredge Technologies Inc1.53B
TOYOTOYO Co Ltd200.78M
SHLSShoals Technologies Group Inc1.37B
TET1 Energy Inc587.02M
DQDaqo New Energy Corp ADR773.47M

Insider trading

latest 14 of 100
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Gloeckler MarkusChief Technology OfficerOct 01 '26Sale174.00800139,2005,042Oct 02 05:48 PM
Gloeckler MarkusOfficerOct 01 '26Proposed Sale174.00800139,200Oct 01 09:49 AM
Sloan Samantha L.EVP, Corporate AffairsSep 01 '26Option Exercise0.0046902,487Sep 03 03:41 PM
Gloeckler MarkusChief Technology OfficerSep 01 '26Sale200.00800160,0005,842Sep 02 11:28 AM
Gloeckler MarkusOfficerSep 01 '26Proposed Sale200.00800160,000Sep 01 02:01 PM
Sloan Samantha L.EVP, Corporate AffairsAug 14 '26Option Exercise0.0043702,145Aug 18 02:53 PM
Sloan Samantha L.EVP, Corporate AffairsAug 17 '26Sale222.9512728,3152,018Aug 18 02:53 PM
Sloan Samantha L.OfficerAug 17 '26Proposed Sale222.9512728,314Aug 17 03:39 PM
Dymbort Jason E.General Counsel and SecretaryAug 11 '26Sale249.383,700922,7065,624Aug 12 07:55 PM
Dymbort Jason E.OfficerAug 11 '26Proposed Sale249.383,700922,706Aug 11 05:35 PM
Gloeckler MarkusChief Technology OfficerAug 03 '26Sale218.953,425749,9027,471Aug 05 06:11 PM
Gloeckler MarkusChief Technology OfficerAug 04 '26Sale248.00829205,5926,642Aug 05 06:11 PM
Koralewski MichaelChief Supply Chain OfficerAug 03 '26Sale221.517,0001,550,5707,642Aug 05 06:08 PM
Gloeckler MarkusOfficerAug 04 '26Proposed Sale248.00829205,592Aug 04 02:22 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 696.31B
VOOVanguard S&P 500 ETFAUM: 1070.75B
IVViShares Core S&P 500 ETFAUM: 882.14B
SPYSPDR S&P 500 ETF TrustAUM: 805.69B
VBVanguard Morningstar Small-Cap ETFAUM: 80.23B
VOVanguard Morningstar Mid-Cap ETFAUM: 108.45B
VUGVanguard Morningstar Growth ETFAUM: 221.26B
RSPInvesco S&P 500 Equal Weight ETFAUM: 105.70B
ICLNiShares Global Clean Energy ETFAUM: 2.10B
VGTVanguard Information Technology ETFAUM: 142.20B

News

latest 14 of 200

Quarterly earnings

2026Q3 EPS 5.300 beat 4.672, from 4.240 a year earlier. Sales 1,231 missed 1,289, from 1,595 a year earlier
EPS
5.30002024Q4 EPS 3.650 against 4.69624Q42025Q1 EPS 1.950 against 2.49425Q12025Q2 EPS 3.180 against 2.65825Q22025Q3 EPS 4.240 against 4.23625Q32025Q4 EPS 4.840 against 5.14525Q42026Q1 EPS 3.220 against 3.03126Q12026Q2 EPS 3.920 against 2.89826Q22026Q3 EPS 5.300 against 4.67226Q3
Sales, USD millions
1,68302024Q4 sales 1,514 against 1,48324Q42025Q1 sales 844.57 against 842.5125Q12025Q2 sales 1,097 against 1,04125Q22025Q3 sales 1,595 against 1,57625Q32025Q4 sales 1,683 against 1,56925Q42026Q1 sales 1,044 against 1,03526Q12026Q2 sales 1,056 against 1,06326Q22026Q3 sales 1,231 against 1,28926Q3

The outline behind the bar is the estimate. The filled bar is the print. Green beat it, red missed it.

PeriodReportedEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mSurpriseYear-ago quarterAnalystsNext session
2026Q3ended 2026-09-302026-10-29 16:305.3004.6725.3001,2311,289EPS +13.4% · sales -4.5%vs 2025Q3, year-ago quarter · EPS +25.0% · sales -22.8%24 EPS · 26 salesOpen -5.00% vs SPY -1.04%. Close -1.41% vs SPY -1.77%
2026Q2ended 2026-06-302026-07-30 16:303.9202.8983.9221,0561,063EPS +35.3% · sales -0.6%vs 2025Q2, year-ago quarter · EPS +23.3% · sales -3.7%24Open +3.29% vs SPY +0.40%. Close +2.44% vs SPY +0.72%
2026Q1ended 2026-03-312026-04-30 16:303.2203.0313.2211,0441,035EPS +6.2% · sales +0.9%vs 2025Q1, year-ago quarter · EPS +65.1% · sales +23.6%24Open -0.90% vs SPY +0.36%. Close +4.86% vs SPY +0.28%
2025Q4ended 2025-12-312026-02-24 16:304.8405.1454.8381,6831,569EPS -5.9% · sales +7.3%vs 2024Q4, year-ago quarter · EPS +32.6% · sales +11.1%26Open -18.78% vs SPY +0.41%. Close -13.61% vs SPY +0.84%
2025Q3ended 2025-09-302025-10-30 16:304.2404.2364.2401,5951,576EPS +0.1% · sales +1.2%vs 2024Q3, year-ago quarter · EPS +45.7% · sales +79.7%24 EPS · 26 salesOpen +6.66% vs SPY +0.77%. Close +14.28% vs SPY +0.33%
2025Q2ended 2025-06-302025-07-31 16:303.1802.6583.1801,0971,041EPS +19.6% · sales +5.4%vs 2024Q2, year-ago quarter · EPS -2.2% · sales +8.6%23 EPS · 25 salesOpen +6.64% vs SPY -0.91%. Close +5.29% vs SPY -1.64%
2025Q1ended 2025-03-312025-04-29 16:301.9502.4941.951844.57842.51EPS -21.8% · sales +0.2%vs 2024Q1, year-ago quarter · EPS -11.4% · sales +6.4%26 EPS · 25 salesOpen -12.01% vs SPY -1.22%. Close -8.32% vs SPY +0.04%
2024Q4ended 2024-12-312025-02-25 16:303.6504.6963.6541,5141,483EPS -22.3% · sales +2.1%vs 2023Q4, year-ago quarter · EPS +12.3% · sales +30.7%25Open +4.88% vs SPY +0.28%. Close +6.36% vs SPY +0.05%
2024Q3ended 2024-09-302024-10-29 16:302.9103.1532.910887.671,062EPS -7.7% · sales -16.4%vs 2023Q3, year-ago quarter · EPS +16.4% · sales +10.8%26 EPS · 27 salesOpen -6.03% vs SPY -0.08%. Close -1.09% vs SPY -0.30%
2024Q2ended 2024-06-302024-07-30 16:303.2502.7043.2491,010939.71EPS +20.2% · sales +7.5%vs 2023Q2, year-ago quarter · EPS +104.4% · sales +24.6%27 EPS · 25 salesOpen +4.38% vs SPY +1.29%. Close +2.42% vs SPY +1.63%
2024Q1ended 2024-03-312024-05-01 16:302.2001.9982.203794.11720.3EPS +10.1% · sales +10.2%vs 2023Q1, year-ago quarter · EPS +450.0% · sales +44.8%26 EPS · 23 salesOpen +0.54% vs SPY +0.76%. Close +1.65% vs SPY +0.94%
2023Q4ended 2023-12-312024-02-27 16:303.2503.1373.2471,1591,314EPS +3.6% · sales -11.8%vs 2022Q4, year-ago quarter · EPS -4742.9% · sales +15.6%27 EPS · 24 salesOpen +6.18% vs SPY -0.32%. Close +2.94% vs SPY -0.13%
2023Q3ended 2023-09-302023-10-31 16:302.5002.0422.497801.09904.11EPS +22.4% · sales -11.4%vs 2022Q3, year-ago quarter · EPS -643.5% · sales +27.4%24 EPS · 19 sales-
2023Q2ended 2023-06-302023-07-27 16:301.5900.9931.590810.67722.22EPS +60.1% · sales +12.2%vs 2022Q2, year-ago quarter · EPS +205.8% · sales +30.6%24 EPS · 19 sales-
2023Q1ended 2023-03-312023-04-27 16:300.4000.9890.397548.29713.8EPS -59.6% · sales -23.2%vs 2022Q1, year-ago quarter · EPS -197.6% · sales +49.4%23 EPS · 19 sales-
2022Q4ended 2022-12-312023-02-28 16:30-0.070-0.169-0.0711,0021,005EPS -58.7% · sales -0.2%vs 2021Q4, year-ago quarter · EPS -105.7% · sales +10.5%22 EPS · 19 sales-

Annual earnings

2025FY EPS 14.210 missed 14.593, from 12.020 a year earlier. Sales 5,219 beat 5,112, from 4,206 a year earlier
EPS
14.5930-0.7442018FY EPS 1.360 against 1.48720182019FY EPS 1.480 against 2.29120192020FY EPS 3.730 against 3.81420202021FY EPS 4.380 against 4.22220212022FY EPS -0.410 against -0.74420222023FY EPS 7.740 against 7.64420232024FY EPS 12.020 against 13.12020242025FY EPS 14.210 against 14.5932025
Sales, USD millions
5,21902018FY sales 2,244 against 2,35120182019FY sales 3,063 against 3,41220192020FY sales 2,711 against 2,83420202021FY sales 2,923 against 2,93020212022FY sales 2,619 against 2,62220222023FY sales 3,319 against 3,48220232024FY sales 4,206 against 4,17420242025FY sales 5,219 against 5,1122025

Reported years only. The outline behind the bar is the estimate. A later year with no print stays in the table.

earnings feed, not the snapshot. Not the statement ratio.

PeriodEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mP/E, earnings feed
2030FYestimate-30.509--7,1585.68
2029FYestimate-34.011--7,1825.09
2028FYestimate-27.821--6,4576.23
2027FYestimate-23.191--5,7217.47
2026FYestimate-17.611--4,7909.84
2025FY14.21014.59314.2095,2195,11218.38
2024FY12.02013.12012.0164,2064,17414.66
2023FY7.7407.6447.7373,3193,48222.26
2022FY-0.410-0.744-0.4152,6192,622-
2021FY4.3804.2224.3832,9232,93019.90
2020FY3.7303.8143.7342,7112,83426.52
2019FY1.4802.291-1.0913,0633,41237.81
2018FY1.3601.4871.3602,2442,35131.22
2017FY2.5902.493-1.5902,9413,03726.07
2016FY5.1704.711-4.0502,9512,8736.21
2015FY5.3704.5045.3703,5793,56732.26
2014FY3.9102.7933.9103,3923,66344.30
2013FY4.3504.4333.7003,3093,51139.82
2012FY4.9004.608-1.1103,3693,62635.35
2011FY6.0105.543-0.4602,7662,87628.82
2010FY7.6807.6517.6802,5642,60122.56

Quarterly results

2026Q3 revenue 1,231, from 1,595 a year earlier. Operating margin 47.2%, from 31.5% a year earlier
Revenue, USD millions
1,68302024Q4 revenue 1,51424Q42025Q1 revenue 844.5725Q12025Q2 revenue 1,09725Q22025Q3 revenue 1,59525Q32025Q4 revenue 1,68325Q42026Q1 revenue 1,04426Q12026Q2 revenue 1,05626Q22026Q3 revenue 1,23126Q3
Operating margin
47.202024Q4 operating margin 31.2%24Q42025Q1 operating margin 29.9%25Q12025Q2 operating margin 35.8%25Q22025Q3 operating margin 31.5%25Q32025Q4 operating margin 32.6%25Q42026Q1 operating margin 33.8%26Q12026Q2 operating margin 45.1%26Q22026Q3 operating margin 47.2%26Q3

From the quarterly statement. Not an estimate.

Estimate revisions

Latest snapshot of each period and type. 2026FY E 17.61 per share.
PeriodTypeScaleDateMeanvs prior date
2026FYEper share2026-11-0917.61+0.1%
2026Q4Eper share2026-11-095.24+0.5%
2026FYRper share2026-11-0917.60+0.3%
2026Q4Rper share2026-11-095.19+1.6%
2026FYSUSD millions2026-11-094,790+0.0%
2026Q4SUSD millions2026-11-091,466+0.0%
2026Q3Eper share2026-10-244.670.0%
2026Q3Rper share2026-10-244.520.0%
2026Q3SUSD millions2026-10-201,289+0.2%
2026Q2Eper share2026-07-302.90-2.9%
2026Q2SUSD millions2026-07-281,063+0.0%
2026Q2Rper share2026-07-222.640.0%
2026Q1SUSD millions2026-04-261,032-0.2%
2026Q1Rper share2026-04-242.72+0.6%
2026Q1Eper share2026-04-213.03-0.2%
2025Q4Eper share2026-02-215.150.0%
2025FYEper share2026-02-1814.590.0%
2025FYSUSD millions2026-02-185,1120.0%
2025Q4SUSD millions2026-02-181,5690.0%
2025Q4Rper share2026-02-125.17+0.0%
2025FYRper share2026-02-1014.56-0.1%
2025Q3Eper share2025-10-244.24-0.5%
2025Q3SUSD millions2025-10-241,581-0.2%
2025Q3Rper share2025-10-214.30+0.5%
2025Q2Eper share2025-07-212.66+0.0%
2025Q2Rper share2025-07-212.54-0.6%
2025Q2SUSD millions2025-07-181,041+0.2%
2025Q1Eper share2025-04-232.49-0.2%
2025Q1S-2025-04-21843.18-0.2%
2025Q1Rper share2025-04-172.36+0.0%
2024FYEper share2025-02-2212.780.0%
2024Q4Eper share2025-02-224.630.0%
2024FYSUSD millions2025-02-224,1760.0%
2024Q4SUSD millions2025-02-221,4830.0%
2024FYRper share2025-02-2113.04-0.2%
2024Q4Rper share2025-02-214.57-0.9%
2024Q3Eper share2024-10-293.110.0%
2024Q3SUSD millions2024-10-291,0730.0%
2024Q3Rper share2024-10-163.11+0.0%
2024Q2Eper share2024-07-272.710.0%
2024Q2S-2024-07-23939.71-1.2%
2024Q2Rper share2024-07-202.56-2.3%
2024Q1Eper share2024-05-012.00-0.1%
2024Q1S-2024-05-01720.3+0.3%
2024Q1Rper share2024-04-162.00-6.7%
2023FYEper share2024-02-267.640.0%
2023FYSUSD millions2024-02-193,4820.0%
2023FYRper share2024-02-127.67+0.1%

Estimate history

Annual
Metric201720182019202020212022202320242025TTMMRQ
EPS per share-1.591.36-1.0913.7344.383-0.4157.73712.01614.21117.2838-
Sales USD millions2,9412,2463,0632,7112,9232,6193,3194,2065,2195,014-
Shares million shares104105105106106107107107107-107
Quarterly
MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
EPS per share2.913.6541.9513.184.244.8383.2213.9225.302
Sales USD millions8881,5148451,0971,5951,6831,0441,0561,231
Shares million shares107107107107107107107107107

Income statement, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Total Revenue5,014.155,219.38+24.1%4,206.29+26.7%3,318.60+26.7%2,619.32-10.4%2,923.38+7.8%2,711.33-11.5%3,062.99+36.4%2,245.74
Cost of Goods Sold Incl. D&A2,545.353,098.67+32.1%2,346.10+15.9%2,024.80-18.7%2,491.33+13.6%2,193.85+8.0%2,031.03-19.3%2,515.32+35.8%1,851.65
Gross Profit2,468.802,120.70+14.0%1,860.19+43.8%1,293.81+910.9%127.99-82.5%729.53+7.2%680.30+24.2%547.67+39.0%394.09
Selling, General and Administrative Excl. Other509.65437.18+15.2%379.64+8.5%349.93+26.1%277.53+3.0%269.44-14.9%316.66+4.8%302.08+15.6%261.33
Research and Development276.36233.42+22.0%191.38+25.7%152.31+35.0%112.80+13.8%99.11+5.7%93.74-3.0%96.61+14.4%84.47
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income1,959.151,683.53+13.7%1,480.55+56.9%943.88-149.54-132.5%460.10+26.5%363.65+48.1%245.59+85.0%132.76
Interest Expense26.8744.13+13.5%38.87+199.9%12.96+6.1%12.22-4.5%12.79-23.8%16.78-9.4%18.53+7.2%17.28
Unusual Expense-15.95-26.89-386.4%9.39-74.8%37.28-48.39-13.79-175.0%18.38-95.0%368.67-3.47
Net Income Before Taxes1,931.081,580.91+12.4%1,406.34+57.8%891.29+10263.8%8.60-98.5%572.16+95.1%293.19-120.13-206.2%113.15
Income Taxes69.9552.68-53.9%114.29+88.9%60.51+14.7%52.76-49.0%103.47-107.29-5.48-259.3%3.44
Consolidated Net Income1,861.131,528.23+18.3%1,292.04+55.5%830.78-44.17-109.4%468.69+17.7%398.36-114.93-179.6%144.33
Net Income From Continuing Operations1,861.131,528.23+18.3%1,292.04+55.5%830.78-44.17-109.4%468.69+17.7%398.36-114.93-179.6%144.33
Net Income1,861.131,528.23+18.3%1,292.04+55.5%830.78-44.17-109.4%468.69+17.7%398.36-114.93-179.6%144.33
EPS (Recurring) per share17.1814.04+16.2%12.08+51.4%7.98-0.73-117.0%4.29+11.4%3.85+183.1%1.36+1.5%1.34
EPS (Basic, Before Extraordinaries) per share17.3314.25+18.1%12.07+55.1%7.78-0.41-109.3%4.41+17.3%3.76-1.09-179.0%1.38
EPS (Diluted) per share17.2814.21+18.2%12.02+55.3%7.74-0.41-109.4%4.38+17.4%3.73-1.09-180.1%1.36
EBITDA2,543.052,212.74+16.6%1,898.25+51.6%1,251.87+941.7%120.18-83.3%720.00+20.7%596.57+32.3%450.89+68.8%267.06
Non-Operating Income (Expense)-17.14-85.37-25.95-2.34-101.9%121.97+9.8%111.06-35.30-264.3%21.49-5.80
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense21.989.62-39.5%15.90-40.9%26.92+18.9%22.64+69.0%13.40-37.3%21.36-21.8%27.32+1.3%26.98
Price To Earnings Ratio ratio statement ratio, not the snapshot9.979.9715.1839.04169.9819.8826.50-31.39
Price To Sales Ratio ratio3.765.384.515.576.093.193.891.922.01
Gross Margin %49.2440.6344.2238.994.8924.9625.0917.8817.55
Operating Margin %39.0732.2635.2028.44-5.7115.7413.418.025.91
Net Margin %37.1229.2830.7225.03-1.6916.0314.69-3.756.43
Shares Outstanding million shares107.48107.31+0.2%107.06+0.2%106.85+0.2%106.61+0.3%106.33+0.3%105.98+0.5%105.45+0.5%104.89
Market Capitalization18,518.9818,518.98-1.8%18,867.90+2.5%18,407.08+15.3%15,968.51+72.3%9,267.46-11.6%10,483.15+77.7%5,898.58+32.6%4,449.92

Income statement, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Total Revenue1,230.94-22.8%1,056.19-3.7%1,044.24+23.6%1,682.78+11.1%1,594.86+79.7%1,097.17+8.6%844.57+6.4%1,514.03+30.7%
Cost of Goods Sold Incl. D&A517.88-47.4%451.19-24.5%558.85+14.8%1,017.44+7.6%984.11+120.6%597.32+15.9%486.81+8.4%945.76+43.8%
Gross Profit713.06+16.8%605.00+21.0%485.39+35.7%665.34+17.1%610.75+38.3%499.85+0.9%357.76+3.7%568.27+13.5%
Selling, General and Administrative Excl. Other132.55+22.8%128.19+19.7%132.28+25.3%116.63+21.4%107.92+16.8%107.08+13.2%105.55+19.2%96.08-4.8%
Research and Development67.22+10.9%76.24+39.9%66.94+27.8%65.95+41.8%60.59+20.7%54.49+4.9%52.39+22.6%46.50+6.0%
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income580.51+15.4%476.81+21.4%353.12+40.0%548.71+16.2%502.83+44.1%392.77-2.0%252.21-1.6%472.19+18.1%
Interest Expense2.39-83.1%5.56-39.4%7.62-20.0%11.30+3.8%14.12+56.7%9.18-6.0%9.53+3.5%10.89+54.0%
Unusual Expense-2.008.39-20.38-629.4%-1.96-146.7%-20.72-8.06-205.8%3.85-50.6%4.20
Net Income Before Taxes566.03+23.0%459.38+30.4%354.33+63.2%551.34+23.5%460.35+40.6%352.17-6.6%217.06-15.1%446.35+18.5%
Income Taxes-5.03-214.3%36.81+257.4%7.71+2.5%30.46-42.8%4.40-69.4%10.30-62.9%7.52-60.2%53.23+94.0%
Consolidated Net Income571.06+25.2%422.57+23.6%346.62+65.4%520.88+32.5%455.94+45.7%341.87-2.1%209.53-11.4%393.12+12.6%
Net Income From Continuing Operations571.06+25.2%422.57+23.6%346.62+65.4%520.88+32.5%455.94+45.7%341.87-2.1%209.53-11.4%393.12+12.6%
Net Income571.06+25.2%422.57+23.6%346.62+65.4%520.88+32.5%455.94+45.7%341.87-2.1%209.53-11.4%393.12+12.6%
EPS (Recurring) per share5.29+29.0%3.98+27.2%3.09+56.1%4.83+31.3%4.10+44.9%3.13-5.2%1.98-12.0%3.68+13.9%
EPS (Basic, Before Extraordinaries) per share5.31+24.9%3.93+23.2%3.23+64.8%4.85+32.2%4.25+45.5%3.19-2.1%1.96-11.3%3.67+12.2%
EPS (Diluted) per share5.30+25.0%3.92+23.3%3.22+65.1%4.84+32.6%4.24+45.7%3.18-2.2%1.95-11.4%3.65+12.3%
EBITDA728.54+13.7%624.66+20.7%500.51+32.4%689.34+16.7%640.89+39.3%517.42+3.9%378.08+10.2%590.81+21.5%
Non-Operating Income (Expense)-14.09-3.49-11.5511.98-49.08-39.48-21.77-234.1%-10.75
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense9.08+57.1%5.57+3.5%5.36+162.7%1.98-59.0%5.78+7.6%5.38-19.0%2.04-61.9%4.83-43.8%
Price To Earnings Ratio ratio statement ratio, not the snapshot9.9715.2413.8820.0618.8614.0710.5215.18
Price To Sales Ratio ratio3.764.733.925.394.704.103.194.51
Gross Margin %57.9357.2846.4839.5438.2945.5642.3637.53
Operating Margin %47.1645.1433.8232.6131.5335.8029.8631.19
Net Margin %46.3940.0133.1930.9528.5931.1624.8125.96
Shares Outstanding million shares107.48+0.2%107.47+0.2%107.45+0.2%107.31+0.2%107.31+0.2%107.25+0.2%107.24+0.2%107.06+0.2%
Market Capitalization18,518.98-21.7%25,354.61+42.8%21,168.17+56.4%28,032.07+48.6%23,651.40-11.4%17,753.17-26.4%13,535.85-25.0%18,867.90+2.5%

Balance sheet, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/20182017FY12/31/2017
Cash & Short Term Investments2,855.36+58.5%1,801.22-14.7%2,110.75-18.2%2,581.16+41.2%1,827.58+4.5%1,748.81-19.7%2,177.94-15.2%2,569.30-14.5%3,004.34
Short Term Receivables1,939.48+7.2%1,808.74+28.5%1,407.62+296.5%354.99-21.9%454.71+54.5%294.28-58.7%712.29+16.2%612.77+46.2%419.05
Inventories736.73-32.1%1,084.38+32.3%819.90+31.9%621.38-6.7%666.30+17.4%567.62+14.2%497.10+11.8%444.82+121.1%201.21
Other Current Assets497.26+26.0%394.69+33.1%296.54+26.8%233.90-3.6%242.66-39.9%403.82+93.2%208.98+7.3%194.70+49.5%130.25
Total Current Assets6,028.83+18.5%5,089.03+9.8%4,634.81+22.2%3,791.42+18.8%3,191.24+5.9%3,014.53-16.2%3,596.31-5.9%3,821.59+1.8%3,754.84
Net Property, Plant & Equipment5,897.57+5.6%5,582.68+23.3%4,527.18+23.5%3,666.44+8.2%3,389.91+4.4%3,245.72+3.5%3,137.43+24.2%2,525.35+26.5%1,996.43
Total Investments and Advances227.69+2.9%221.17+5.4%209.90+9.8%191.10-23.1%248.38-19.9%310.13+1.1%306.81-4.6%321.58-50.1%644.29
Long-Term Note Receivable251.67-0.1%251.94+65.5%152.21+1070.8%13.00-69.1%42.13+82.6%23.07+181.7%8.19-73.5%30.85-51.3%63.32
Intangible Assets82.10-1.1%82.99-11.9%94.20+106.7%45.57-24.0%59.97-15.1%70.60-10.6%79.00-10.9%88.62-6.4%94.69
Deferred Tax Assets194.67-6.8%208.81+46.2%142.82+81.5%78.68+33.0%59.16-43.2%104.10-20.4%130.77+68.3%77.68+51.1%51.42
Other Assets638.77-7.1%687.73+13.9%604.01+29.9%465.02+9.9%422.95+24.1%340.78+32.5%257.17+0.6%255.69-1.5%259.52
Total Assets13,321.31+9.9%12,124.36+17.0%10,365.13+25.6%8,251.23+11.3%7,413.75+4.3%7,108.93-5.4%7,515.69+5.5%7,121.36+3.7%6,864.50
Short Term Debt Incl. Current Port. of LT Debt234.07-6.3%249.71+134.2%106.60+1060.0%9.19-44.9%16.68-70.0%55.55+94.2%28.61+413.6%5.57-57.4%13.07
Accounts Payable405.77-15.8%482.19+132.7%207.18-39.3%341.41+76.6%193.37+5.5%183.35-15.9%218.08-6.5%233.29+94.1%120.22
Income Tax Payable7.49-90.3%77.36+249.6%22.13-24.7%29.40+547.6%4.54-68.8%14.57-14.3%17.01-18.6%20.89+6.7%19.58
Other Current Liabilities1,606.77+26.7%1,268.18+30.7%970.25+47.4%658.05+28.5%512.28-13.7%593.93-43.7%1,054.51+80.0%585.72+17.8%497.40
Total Current Liabilities2,254.10+8.5%2,077.44+59.0%1,306.16+25.8%1,038.05+42.8%726.88-14.2%847.40-35.7%1,318.21+55.9%845.46+30.0%650.28
Long Term Debt421.27-10.2%469.10-9.4%517.79+130.2%224.94-41.1%381.92-10.5%426.73-24.7%566.70+22.9%461.22+8.8%423.86
Provision for Risks Charges20.14+40.8%14.30-26.9%19.57-15.4%23.13-40.6%38.95-50.9%79.33-60.3%199.71-32.3%294.99+2.3%288.38
Deferred Tax Liabilities69.69+27.4%54.70+27.9%42.77+47.8%28.93+4.4%27.70+17.0%23.67---
Other Liabilities1,018.12-33.5%1,531.25-14.5%1,791.37+62.8%1,100.13+294.7%278.75+32.2%210.88-36.9%334.31+8.8%307.29-23.8%403.28
Total Liabilities3,783.32-8.8%4,146.78+12.8%3,677.66+52.3%2,415.17+66.1%1,454.19-8.4%1,588.00-34.4%2,418.92+26.7%1,908.96+8.1%1,765.80
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity9,537.99+19.6%7,977.58+19.3%6,687.47+14.6%5,836.06-2.1%5,959.55+7.9%5,520.93+8.3%5,096.77-2.2%5,212.40+2.2%5,098.70
Total Shareholders Equity9,537.99+19.6%7,977.58+19.3%6,687.47+14.6%5,836.06-2.1%5,959.55+7.9%5,520.93+8.3%5,096.77-2.2%5,212.40+2.2%5,098.70
Accumulated Minority Interest0.000.000.000.000.000.000.000.000.00
Total Equity9,537.99+19.6%7,977.58+19.3%6,687.47+14.6%5,836.06-2.1%5,959.55+7.9%5,520.93+8.3%5,096.77-2.2%5,212.40+2.2%5,098.70
Total Liabilities & Stockholders Equity13,321.31+9.9%12,124.36+17.0%10,365.13+25.6%8,251.23+11.3%7,413.75+4.3%7,108.93-5.4%7,515.69+5.5%7,121.36+3.7%6,864.50
Book Value Per Share per share88.88+19.3%74.51+19.0%62.59+14.3%54.74-2.3%56.05+7.6%52.09+7.8%48.33-2.8%49.70+1.8%48.81
Tangible Book Value Per Share per share88.12+19.5%73.74+19.5%61.71+13.6%54.32-2.1%55.48+7.9%51.43+8.1%47.58-2.6%48.85+2.0%47.90
Full-Time Employees people7,900-2.5%8,100+20.9%6,700+21.8%5,500+14.6%4,800-5.9%5,100-22.7%6,600+3.1%6,400+56.1%4,100
Price to Book Ratio ratio1.702.482.922.741.561.901.160.851.28
Return on Assets %12.0111.498.93-0.566.455.45-1.572.06-2.41
Return on Equity %17.4517.6213.27-0.758.177.50-2.232.80-3.21
Return on Invested Capital %15.3415.3011.53-0.737.396.70-2.032.54-3.00
Quick Ratio ratio2.351.932.923.053.472.892.353.995.46
Current Ratio ratio2.672.453.553.654.393.562.734.525.77

Cash flow, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Net Income1,861.131,528.23+18.3%1,292.04+55.5%830.78-44.17-109.4%468.69+17.7%398.36-114.93-179.6%144.33
Depreciation583.90529.22+26.7%417.70+35.6%307.99+14.2%269.72+3.8%259.90+11.6%232.93+13.4%205.47+57.2%130.74
Other Funds (Non Cash)84.6263.46+37.6%46.13-9.5%50.97-338.03-204.18-67.72-81.70-265.42
Funds from Operations2,491.322,146.51+26.2%1,701.12+50.7%1,128.92-125.27-121.8%574.26-4.2%599.57-51.08-0.47
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-1,652.14-89.41-483.12-526.66-152.7%998.64-336.70-562.45-349.7%225.28-326.34
Cash from Operating Activities839.182,057.11+68.9%1,218.00+102.2%602.26-31.0%873.37+267.6%237.56+540.0%37.12-78.7%174.20-326.81
Capital Expenditures-606.39-869.88-1,526.08-1,386.78-903.61-540.29-416.63-668.72-739.84
Net Assets From Acquisitions0.000.000.00-35.740.000.000.000.00-
Sale of Fixed Assets and Businesses0.000.000.00-100.0%7.68-98.3%442.30+47.2%300.500.000.00-
Purchase or Sale of Investments-3.37113.10-24.24-102.5%951.09-728.22-593.8%147.46-49.3%290.91-5.9%309.30+388.9%63.27
Purchase of Investments-2,056.82-1,540.43-2,516.10-3,612.80-3,375.01-2,147.14-901.92-1,177.34-1,369.04
Sale Or Maturity of Investments2,053.451,653.54-33.6%2,491.86-45.4%4,563.89+72.4%2,646.79+15.3%2,294.59+92.4%1,192.83-19.8%1,486.63+3.8%1,432.31
Other Uses-8.39-8.39-12.99-9.05-3.05-6.71-5.50-2.88-6.15
Other Sources2.850.000.000.000.000.000.000.000.00
Cash from Investing Activities-615.30-765.17-1,563.31-472.79-1,192.57-99.04-131.23-362.30-682.71
Cash Dividends Paid0.000.000.000.000.000.000.000.000.00
Change in Capital Stock0.000.000.000.000.000.000.000.000.00
Repurchase of Common Pref Stock0.000.000.000.000.000.000.000.000.00
Sale of Common Pref Stock0.000.000.000.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-635.50-102.89-295.5%52.64-85.7%367.98+14.5%321.48+468.6%56.54-68.67-176.3%90.03-66.9%271.99
Change in Long Term Debt-635.50-102.89-295.5%52.64-85.7%367.98+14.5%321.48+468.6%56.54-68.67-176.3%90.03-66.9%271.99
Issuance of Long Term Debt-85.94370.47+43.3%258.46-29.8%367.98-7.4%397.38+207.5%129.22-17.5%156.68+30.4%120.13-58.7%290.93
Reduction of Long Term Debt-549.56-473.36-205.820.00-75.90-72.68-225.34-30.10-18.94
Net Financing Active Other Cash Flow-2.15-16.34-27.79-31.13-12.09-15.99-13.92-15.09-16.76
Other Financing Activities Uses-2.15-16.34-27.79-31.13-12.09-15.99-13.92-16.09-16.76
Cash from Financing Activities-637.65-119.23-579.8%24.85-92.6%336.85+8.9%309.39+663.0%40.55-82.59-210.2%74.94-70.6%255.23
Exchange Rate Effect4.753.10-6.39-220.8%5.29-88.8%47.44+1396.5%3.17-16.1%3.78-2.96-13.56
Net Change in Cash-409.021,175.81-326.85-169.3%471.61+1153.6%37.62-79.4%182.24-172.92-116.11-767.85
Free Cash Flow232.791,187.23-308.08-784.51-30.24-302.73-379.51-494.52-1,066.65
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow ratio81.0423.66-------
Deferred Taxes & Investment Tax Credit-25.61-54.75-60.81-12.80-125.7%49.85+38.4%36.01-59.92-10.11

Balance sheet, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Cash & Short Term Investments1,625.46-20.3%1,726.96+43.7%2,426.56+172.4%2,855.36+58.5%2,039.92+59.6%1,202.10-31.3%890.76-55.4%1,801.22-14.7%
Short Term Receivables2,045.60-9.2%1,886.87-18.9%1,815.54-7.5%1,939.48+7.2%2,252.70+149.2%2,325.85+194.5%1,963.37+104.1%1,808.74+28.5%
Inventories1,138.58+3.4%1,088.12-23.0%893.88-30.5%736.73-32.1%1,100.85-12.0%1,414.01+37.6%1,286.12+32.5%1,084.38+32.3%
Other Current Assets498.26-2.0%615.26+27.7%509.76+17.5%497.26+26.0%508.29+31.9%481.64+25.9%433.86+39.8%394.69+33.1%
Total Current Assets5,307.90-10.1%5,317.22-2.0%5,645.74+23.4%6,028.83+18.5%5,901.77+54.6%5,423.59+37.3%4,574.10+7.8%5,089.03+9.8%
Net Property, Plant & Equipment5,914.76-0.9%5,864.71-0.4%5,890.85+1.5%5,897.57+5.6%5,971.37+8.5%5,888.51+11.9%5,803.92+15.1%5,582.68+23.3%
Total Investments and Advances218.05-3.2%228.57+3.5%228.06+5.1%227.69+2.9%225.32+2.8%220.82+7.4%216.93+4.8%221.17+5.4%
Intangible Assets91.17+11.3%93.51+13.3%95.46+15.9%82.10-1.1%81.94-5.0%82.50-6.4%82.34-9.1%82.99-11.9%
Deferred Tax Assets221.23+20.5%198.59-3.0%207.47+1.5%194.67-6.8%183.65-22.8%204.67+1.4%204.44+20.4%208.81+46.2%
Other Assets568.89-27.3%597.15-25.3%729.93-9.3%638.77-7.1%783.03+11.6%799.10+14.3%804.65+21.5%687.73+13.9%
Total Assets14,020.02+4.2%13,388.60+4.1%13,351.10+10.2%13,321.31+9.9%13,459.31+17.7%12,858.04+16.7%12,116.67+12.6%12,124.36+17.0%
Short Term Debt Incl. Current Port. of LT Debt125.16-74.2%52.01-92.1%205.90-2.4%234.07-6.3%484.83+118.8%660.82+337.7%210.86-0.3%249.71+134.2%
Accounts Payable338.20+18.9%346.33-5.8%306.83-28.3%405.77-15.8%284.54+7.2%367.65+59.2%427.80+78.8%482.19+132.7%
Income Tax Payable54.28-31.1%46.59-41.0%22.79-72.1%7.49-90.3%78.77-20.0%79.02-2.6%81.61+56.8%77.36+249.6%
Other Current Liabilities1,547.02-31.0%1,666.89-4.5%1,672.80+1.3%1,606.77+26.7%2,241.71+87.3%1,745.13+33.3%1,651.45+31.5%1,268.18+30.7%
Total Current Liabilities2,064.67-33.2%2,111.82-26.0%2,208.32-6.9%2,254.10+8.5%3,089.85+73.4%2,852.62+60.9%2,371.71+34.9%2,077.44+59.0%
Long Term Debt199.81-50.9%142.00-65.0%381.22-9.1%421.27-10.2%407.09-13.9%406.25-13.7%419.54-10.8%469.10-9.4%
Provision for Risks Charges12.99-19.4%20.58+31.4%21.16+42.0%20.14+40.8%16.11-2.0%15.66-13.0%14.90-22.8%14.30-26.9%
Deferred Tax Liabilities58.35+3.7%61.93+9.6%66.97+21.2%69.69+27.4%56.29+6.3%56.52+28.3%55.25+33.8%54.70+27.9%
Other Liabilities803.47-8.1%731.93-25.4%794.87-25.6%1,018.12-33.5%874.65-42.4%980.86-32.5%1,067.93-31.9%1,531.25-14.5%
Total Liabilities3,139.28-29.4%3,068.26-28.8%3,472.53-11.6%3,783.32-8.8%4,444.00+15.6%4,311.91+14.7%3,929.33+1.8%4,146.78+12.8%
Non-Equity Reserves0.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.00
Common Equity10,880.73+20.7%10,320.34+20.8%9,878.57+20.7%9,537.99+19.6%9,015.31+18.7%8,546.13+17.8%8,187.33+18.6%7,977.58+19.3%
Total Shareholders Equity10,880.73+20.7%10,320.34+20.8%9,878.57+20.7%9,537.99+19.6%9,015.31+18.7%8,546.13+17.8%8,187.33+18.6%7,977.58+19.3%
Accumulated Minority Interest0.000.000.000.000.000.000.000.00
Total Equity10,880.73+20.7%10,320.34+20.8%9,878.57+20.7%9,537.99+19.6%9,015.31+18.7%8,546.13+17.8%8,187.33+18.6%7,977.58+19.3%
Total Liabilities & Stockholders Equity14,020.02+4.2%13,388.60+4.1%13,351.10+10.2%13,321.31+9.9%13,459.31+17.7%12,858.04+16.7%12,116.67+12.6%12,124.36+17.0%
Book Value Per Share per share101.23+20.5%96.03+20.5%91.93+20.4%88.88+19.3%84.01+18.4%79.69+17.6%76.34+18.4%74.51+19.0%
Tangible Book Value Per Share per share100.39+20.6%95.16+20.6%91.05+20.5%88.12+19.5%83.25+18.7%78.92+17.9%75.58+18.8%73.74+19.5%
Full-Time Employees people---7,900-2.5%---8,100+20.9%
Price to Book Ratio ratio1.702.572.223.112.772.171.702.48
Return on Assets %13.5513.3013.0812.0111.2510.5411.0611.49
Return on Equity %18.7118.5118.4417.4516.8615.9216.7717.62
Return on Invested Capital %5.154.043.385.234.843.822.434.65
Quick Ratio ratio2.022.002.152.351.551.411.391.93
Current Ratio ratio2.572.522.562.671.911.901.932.45

Cash flow, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Net Income571.06+25.2%422.57+23.6%346.62+65.4%520.88+32.5%455.94+45.7%341.87-2.1%209.53-11.4%393.12+12.6%
Depreciation148.03+7.2%147.84+18.6%147.39+17.1%140.63+18.6%138.06+24.2%124.65+28.1%125.88+39.0%118.62+32.3%
Other Funds (Non Cash)12.34-56.5%26.53+396.8%27.23+142.5%18.52-15.9%28.37+238.5%5.34-50.8%11.23+131.1%22.02-20.5%
Funds from Operations705.84+9.8%600.78+27.0%505.54+43.9%679.17+20.3%642.99+58.5%472.97+10.5%351.38+16.0%564.35+24.9%
Extraordinary Item0.000.000.000.000.000.000.000.00
Changes in Working Capital-748.78-218.7%-745.68-720.40562.72+128.1%630.63-323.39-959.36246.65+125.8%
Cash from Operating Activities-42.95-103.4%-144.90-196.9%-214.871,241.89+53.1%1,273.62149.58-22.5%-607.98-327.1%811.00+44.5%
Capital Expenditures-154.81-161.32-118.53-171.73-204.05-288.13-205.97-313.54
Net Assets From Acquisitions0.000.000.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.000.000.00-100.0%
Purchase or Sale of Investments-10.0925.89+8.8%-15.00-113.3%-4.16-104.5%-19.6323.79-90.9%113.1192.53-47.2%
Purchase of Investments-395.45-968.84-459.76-232.78-376.85-540.98-389.83-501.33
Sale Or Maturity of Investments385.36+7.9%994.72+76.1%444.75-11.6%228.62-61.5%357.22-47.0%564.76-30.0%502.94+20.6%593.86+4.7%
Other Uses22.63-7.63-15.00-8.390.000.000.00-0.37
Other Sources5.810.00-100.0%0.00-100.0%-2.95-4.052.354.650.00
Cash from Investing Activities-136.47-143.06-148.53-187.23-227.73-261.99-88.21-221.39
Cash Dividends Paid0.000.000.000.000.000.000.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.000.000.00
Change in Capital Stock0.000.000.000.000.000.000.000.00
Repurchase of Common Pref Stock0.000.000.000.000.000.000.000.00
Sale of Common Pref Stock0.000.000.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net71.01-391.51-187.6%-71.67-243.34-889.8%-222.25-1074.4%446.77-84.07-240.9%30.81-49.3%
Change in Long Term Debt71.01-391.51-187.6%-71.67-243.34-889.8%-222.25-1074.4%446.77-84.07-240.9%30.81-49.3%
Issuance of Long Term Debt130.76-31.1%148.37-71.2%60.83-34.1%-425.90-1482.3%189.65+61.7%514.38+10249.7%92.34-12.4%30.81-49.3%
Reduction of Long Term Debt-59.75-539.87-132.50182.56-411.90-67.61-176.410.00
Net Financing Active Other Cash Flow-1.04-0.22-0.55-0.33-0.30-0.15-15.55-0.08
Other Financing Activities Uses-1.04-0.22-0.55-0.33-0.30-0.15-15.55-0.08
Cash from Financing Activities69.97-391.73-187.7%-72.22-243.67-892.9%-222.56-1121.9%446.62-99.62-344.8%30.73-49.4%
Exchange Rate Effect-0.145.86+215.1%-2.04-226.7%1.08-1.45-152.0%1.861.61-3.58-158.3%
Net Change in Cash-109.59-113.3%-673.84-300.5%-437.66812.07+31.7%821.88336.06+2362.0%-794.20616.76+35.6%
Free Cash Flow-197.76-118.5%-306.22-333.391,070.17+115.1%1,069.57-138.56-813.95497.46+132.2%
Price to Free Cash Flow ratio81.0416.9512.7323.6938.59---

Revenue breakdown

USD millions, so a column adds up to the income statement. Share is of the latest year in that split. The change is versus the older year shown, not TTM.

Product
Name20242025vs 20242025 share
Total Semiconductors & Related Devices revenue4,206.295,219.38+24.1%100.0%
Total4,206.295,219.38+24.1%100.0%
Region
Name20242025vs 20242025 share
All other foreign countries65.3622.81-65.1%0.4%
France34.376.30-81.7%0.1%
India201.71195.58-3.0%3.7%
United States3,904.844,994.68+27.9%95.7%
Total4,206.295,219.38+24.1%100.0%
Segment
Name20242025vs 20242025 share
Modules4,202.73---
Other3.56---
Total Semiconductors & Related Devices revenue-5,219.38-100.0%
Total4,206.295,219.38+24.1%100.0%

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-3011.06%11.2M101.5M2.34M
2026-10-1511.42%11.6M101.5M2.29M
2026-09-3010.96%11.1M101.5M2.26M
2026-09-1510.36%10.5M101.5M2.12M
2026-08-319.29%9.4M101.5M2.23M
2026-08-149.60%9.7M101.5M2.49M
2026-07-3110.09%10.2M101.5M2.44M
2026-07-159.74%9.9M101.6M2.48M
2026-06-308.10%8.2M101.6M2.49M
2026-06-158.42%8.5M101.4M2.44M
2026-05-298.40%8.5M101.6M2.29M
2026-05-158.52%8.7M101.6M2.34M
2026-04-307.62%7.7M101.6M2.24M
2026-04-156.44%6.5M101.6M2.28M
2026-03-317.34%7.5M101.6M2.42M
2026-03-137.64%7.8M101.6M2.41M
2026-02-277.67%7.8M101.6M2.42M
2026-02-138.08%8.2M101.6M2.16M
2026-01-307.47%7.6M101.6M2.23M
2026-01-158.32%8.4M101.5M2.18M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call10566.1569.3574.677.7251.000.000.999-0.0800.000
call11061.1563.7569.696.5381.000.000.999-0.0790.000
call11556.1559.400.006.6060.000.000.999-0.0790.000
call12051.1554.4058.146.0581.000.000.998-0.0790.000
call12546.1548.7569.154.9931.000.000.998-0.0790.000
call13040.6044.4042.425.0055.001.000.998-0.0780.001
call13140.1543.3541.494.8682.001.000.998-0.0780.001
call13239.2042.4060.604.8011.000.000.998-0.0780.001
call13338.2041.400.004.7000.000.000.998-0.0780.001
call13437.1539.750.004.1310.000.000.998-0.0780.001
call13536.1539.3545.454.4653.000.000.998-0.0770.001
call13635.1537.7546.303.9451.000.000.998-0.0770.001
call13734.1536.7542.353.8521.000.000.998-0.0770.001
call13833.1536.4041.454.1991.000.000.980-0.5830.004
call13932.1535.4041.094.1002.000.000.979-0.5800.004
call14031.1534.3540.183.9719.000.000.978-0.5760.004
call14130.2532.7039.253.45033.000.000.978-0.5730.004
call14229.1531.750.003.3920.000.000.977-0.5690.004
call14328.1531.4059.453.7071.000.000.977-0.5650.005
call14427.1530.350.003.5800.000.000.976-0.5610.005
call14526.2029.4049.553.5121.000.000.975-0.5570.005
call14625.1527.7565.903.0301.000.000.974-0.5520.005
call14723.7027.400.003.3170.000.000.974-0.5480.005
call14823.1525.7545.202.8494.000.000.973-0.5430.005
call14922.1525.350.003.0960.000.000.972-0.5380.005
call15021.1524.4030.563.0255.000.000.964-0.6610.007
call152.518.6521.8541.802.7573.000.000.960-0.6430.007
call15516.1519.3538.002.51510.000.000.956-0.6230.008
call157.513.7016.9033.152.29211.000.000.915-1.0940.013
call16011.2013.8531.001.80113.000.000.899-1.1080.015
call162.58.7511.3524.081.5613.000.000.863-1.2590.018
call1656.359.007.811.37389.002.000.826-1.2750.021
call167.54.157.007.981.2849.002.000.723-1.7450.028
call1703.004.503.200.98485.009.000.633-1.6730.031
call172.51.932.612.280.82233.001040.496-1.5430.033
call1751.001.501.260.7941393170.366-1.6650.031
call177.50.301.180.630.93363.001340.284-1.7520.028
call1800.200.400.300.7861,0661840.159-1.0790.020
call182.50.110.180.140.7841371300.095-0.7590.014
call1850.000.250.080.9252972430.075-0.7110.012
call187.50.000.160.051.03612229.000.053-0.5700.009
call1900.000.200.091.1649692010.042-0.5150.007
call192.50.002.140.071.2892231.000.038-0.5320.007
call1950.020.120.021.3411,3727300.029-0.4370.005
call197.50.010.020.021.1382431,1180.007-0.1050.002
call2000.000.010.011.1593,09464.000.003-0.0580.001
call202.50.000.100.011.22841510.000.003-0.0600.001
call2050.000.010.011.3181,29018.000.003-0.0600.001
call207.50.000.080.151.3961736.000.003-0.0620.001
call2100.000.010.011.45875916.000.003-0.0610.001
call212.50.002.130.101.5552650.000.003-0.0630.001
call2150.002.130.011.63256224.000.003-0.0640.001
call217.50.001.000.321.6862070.000.002-0.0630.001
call2200.000.100.011.5206520.000.002-0.0520.001
call222.50.000.750.051.85728.000.000.002-0.0650.001
call2250.000.100.031.8071260.000.002-0.0610.001
call227.50.002.132.832.00123.000.000.002-0.0660.001
call2300.000.010.011.8016330.000.002-0.0510.001
call232.50.001.040.002.1360.000.000.002-0.0670.001
call2350.002.130.012.20985.001.000.002-0.0670.001
call237.50.002.130.252.2773210.000.002-0.0680.000
call2400.002.130.012.34422.000.000.002-0.0680.000
call242.50.002.130.002.4090.000.000.002-0.0690.000
call2450.002.130.012.47431.000.000.002-0.0690.000
call247.50.002.130.092.5388.000.000.002-0.0690.000
call2500.000.040.042.27194.000.000.002-0.0550.001
call252.50.002.130.002.6640.000.000.002-0.0700.000
call2550.002.130.502.7251.000.000.002-0.0700.000
call2600.002.130.012.84528.000.000.002-0.0710.000
call2650.002.130.002.9640.000.000.001-0.0710.000
call2700.002.130.003.07911.000.000.001-0.0720.000
call2750.002.130.003.19252.000.000.001-0.0720.000
put1050.002.130.003.5080.000.00-0.001-0.0680.000
put1100.002.130.093.2002.000.00-0.001-0.0670.000
put1150.002.130.002.9040.000.00-0.001-0.0670.000
put1200.002.130.822.6207.000.00-0.002-0.0660.000
put1250.002.130.012.3453.000.00-0.002-0.0650.000
put1300.002.131.042.0804.000.00-0.002-0.0640.001
put1310.002.131.092.0281.000.00-0.002-0.0630.001
put1320.002.130.001.9760.000.00-0.002-0.0630.001
put1330.002.130.001.9250.000.00-0.002-0.0630.001
put1340.002.130.001.8740.000.00-0.002-0.0630.001
put1350.002.130.011.82357.000.00-0.002-0.0630.001
put1360.002.120.001.7720.000.00-0.002-0.0620.001
put1370.000.012.132.5471.000.00-0.039-0.9300.008
put1380.002.130.002.3370.000.00-0.020-0.5680.004
put1390.002.130.002.2710.000.00-0.021-0.5640.004
put1400.002.130.122.2062820.00-0.022-0.5610.004
put1410.002.130.172.14178.000.00-0.022-0.5570.004
put1420.002.130.822.0773.000.00-0.023-0.5530.004
put1430.002.131.162.0121.000.00-0.023-0.5490.005
put1440.002.120.001.9480.000.00-0.024-0.5450.005
put1450.002.120.301.88489.001.00-0.025-0.5410.005
put1460.002.120.001.8210.000.00-0.026-0.5360.005
put1470.002.130.021.7574.000.00-0.026-0.5320.005
put1480.002.130.011.69316.000.00-0.027-0.5270.005
put1490.010.150.081.63013.008.00-0.028-0.5220.005
put1500.002.130.011.6502330.00-0.036-0.6440.007
put152.50.002.130.001.4870.000.00-0.040-0.6260.007
put1550.000.200.081.2941790.00-0.040-0.5390.007
put157.50.002.140.101.33869.000.00-0.085-1.0770.013
put1600.000.380.091.1561692.00-0.101-1.0900.015
put162.50.000.600.091.0371132.00-0.137-1.2410.018
put1650.100.480.300.83922827.00-0.174-1.2560.021
put167.50.121.150.650.91328025.00-0.277-1.7260.028
put1700.981.681.200.822501200-0.367-1.6540.031
put172.50.962.502.330.733348111-0.504-1.5240.033
put1752.944.903.831.025340130-0.634-1.6450.031
put177.54.557.255.861.24720057.00-0.716-1.7320.028
put1806.758.957.651.18744721.00-0.841-1.0590.020
put182.59.1011.4010.711.3711373.00-0.905-0.7390.014
put18511.5014.0010.621.60983923.00-0.925-0.6900.012
put187.514.0016.2513.021.67121711.00-0.947-0.5490.009
put19016.5018.8516.201.8943999.00-0.958-0.4950.007
put192.519.0021.3518.002.0601671.00-0.962-0.5110.007
put19521.4523.8020.652.19275.00113-0.971-0.4160.005
put197.524.0026.3525.952.376143112-0.993-0.0830.002
put20025.6529.0028.452.615187395-0.996-0.0380.001
put202.528.8531.2527.802.60918.0027.00-0.997-0.0380.001
put20531.3034.4524.253.1660.000.00-0.997-0.0390.001
put207.533.1536.3518.852.9530.000.00-0.997-0.0390.001
put21036.3039.0528.103.2186.000.00-0.997-0.0390.001
put212.538.1541.9527.523.5990.000.00-0.997-0.0400.001
put21541.3044.4543.723.7350.000.00-0.997-0.0400.001
put217.543.8046.9533.313.8690.000.00-0.998-0.0400.001
put22045.6549.5025.804.0320.000.00-0.998-0.0400.001
put222.548.8051.9551.654.1310.001.00-0.998-0.0410.001
put22551.3054.5044.364.2860.000.00-0.998-0.0410.001
put227.553.8057.0034.704.4101.000.00-0.998-0.0410.001
put23056.3059.050.004.2230.000.00-0.998-0.0410.001
put232.558.1561.950.004.6200.000.00-0.998-0.0410.001
put23561.3064.5027.004.7690.000.00-0.998-0.0410.001
put237.563.1566.9557.004.8520.000.00-0.998-0.0410.000
put24066.3069.3559.604.8960.000.00-0.998-0.0410.000
put242.568.8071.950.005.0740.000.00-0.998-0.0410.000
put24571.3074.5036.855.2200.000.00-0.998-0.0420.000
put247.573.1577.000.005.3270.000.00-0.998-0.0420.000
put25076.3079.5063.955.4330.000.00-0.998-0.0420.000
put252.578.8082.000.005.5380.000.00-0.998-0.0420.000
put25581.3084.4560.755.6040.000.00-0.998-0.0420.000
put26086.3089.5052.655.4740.000.00-0.998-0.0410.000
put26591.3094.050.005.6700.000.00-0.999-0.0420.000
put27095.7099.350.006.1090.000.00-0.999-0.0420.000
put275101.3104.350.006.2920.000.00-0.999-0.0410.000

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-12SCHEDULE 13G/ASEC
2026-10-2910-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-298-KCurrent report2026-10-29SEC
2026-10-15SCHEDULE 13G/ASEC
2026-10-15SCHEDULE 13GSEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-01144Filing for proposed sale of securities under Rule 144.SEC
2026-09-034Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-09-024Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-09-01144Filing for proposed sale of securities under Rule 144.SEC
2026-08-184Statement of changes in beneficial ownership of securities2026-08-14SEC
2026-08-17144Filing for proposed sale of securities under Rule 144.SEC
2026-08-14SCHEDULE 13G/ASEC
2026-08-13SCHEDULE 13GSEC
2026-08-124Statement of changes in beneficial ownership of securities2026-08-11SEC
2026-08-11144Filing for proposed sale of securities under Rule 144.SEC
2026-08-07SCHEDULE 13GSEC
2026-08-054Statement of changes in beneficial ownership of securities2026-08-03SEC
2026-08-054Statement of changes in beneficial ownership of securities2026-08-03SEC
2026-08-054Statement of changes in beneficial ownership of securities2026-08-04SEC
2026-08-04144Filing for proposed sale of securities under Rule 144.SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-1000139.20K1
2026-0900160.00K1
2026-08003.46M5
2026-070000
2026-0600906.00K1
2026-050010.76M23
2026-0400120.33K1
2026-030014.92M42
2026-020000
2026-010000
2025-120000
2025-110012.97M3

Institutional holders

Manager% owned
BlackRock, Inc.13.06%
VANGUARD CAPITAL MANAGEMENT LLC6.36%
VANGUARD PORTFOLIO MANAGEMENT LLC5.25%
STATE STREET CORP5.21%
Capital World Investors3.90%
GEODE CAPITAL MANAGEMENT, LLC2.94%
Invesco Ltd.2.47%
Hill City Capital, LP2.45%
Amundi1.77%
MORGAN STANLEY1.67%

Funds

Fund% owned
VANGUARD TOTAL STOCK MARKET INDEX FUND3.02%
Growth Fund of America2.61%
VANGUARD 500 INDEX FUND2.59%
iShares Core S&P 500 ETF1.37%
Fidelity 500 Index Fund1.30%
SPDR S&P 500 ETF TRUST1.21%
VANGUARD SMALL-CAP INDEX FUND1.09%
VANGUARD MID-CAP INDEX FUND1.03%
VANGUARD INFORMATION TECHNOLOGY INDEX FUND0.95%
iShares Global Clean Energy ETF0.82%

OakChart. FSLR. Cached 15 minutes. Terms