FSLR Stock — First Solar Inc.

First Solar Inc. (FSLR)

Updated October 2, 2026.

FSLR is a Stock. Total return is 605.8% over the past 19.9 years, 84.3 points behind SPY at 690.1%.

First Solar manufactures and sells photovoltaic solar modules using thin-film semiconductor technology, including cadmium telluride modules that convert sunlight into electricity, serving system developers, utilities, and commercial and industrial energy buyers across the United States and internationally. The company does not currently have an established distribution schedule. First Solar is a technology-focused equity investment suited for investors seeking exposure to the clean energy sector rather than current income.

FSLR performance versus SPY

Price and return data through 2026-10-02.

Total return is 605.8% over the past 19.9 years, 84.3 points behind SPY at 690.1%. Over the past year its total return — price change plus distributions reinvested — is -24.8%. Its deepest 1-year drawdown was 45.9%.

FSLR key facts

Asset type

Stock

Asset class

Equity

Inception date

11/17/2006

Distribution frequency

None

Last close

$174.61 (as of 2026-10-02)

Market cap

$18,765,299,683

Average volume

1904787.0

Beta

1.733

Payout ratio

0.0%

P/E ratio

10.95

Forward P/E

8.3472

EPS

$15.94

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FSLR risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 45.9%.

Who may consider FSLR — and who may not

It is a weaker fit for investors who need monthly cash flow (FSLR does not currently distribute); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions