Discontinued — last reported Q4 '24

Business Segments · Goodwill

Modules segment — Goodwill

First Solar Modules segment — Goodwill decreased by 4.2% to $28.34M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 4.6%, from $29.69M to $28.34M. Over 3 years (FY 2021 to FY 2024), Modules segment — Goodwill shows an upward trend with a 25.9% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2016
Last reportedQ4 2024
Rolls up toGoodwill

How to read this metric

A stable or growing balance suggests the segment is maintaining its value relative to historical acquisition costs.

Detailed definition

The net carrying value of goodwill for the modules segment, representing the residual value of acquisitions after accoun...

Peer comparison

Standard balance sheet item for companies that have grown through strategic acquisitions.

Metric ID: fslr_segment_modules_segment_goodwill

Historical Data

15 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24
Value$14.46M$14.46M$14.46M$14.46M$14.46M$14.46M$14.46M$14.46M$28.65M$28.47M$29.69M$28.74M$28.83M$29.59M$28.34M
QoQ Change+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+98.1%-0.6%+4.3%-3.2%+0.3%+2.6%-4.2%
YoY Change+0.0%+0.0%+0.0%+0.0%+98.1%+96.9%+105.3%+98.7%+0.7%+3.9%-4.6%
Range$14.46M$29.69M
CAGR+21.2%
Avg YoY Growth+36.3%
Median YoY Growth+0.7%

Frequently Asked Questions

What is First Solar's modules segment — goodwill?
First Solar (FSLR) reported modules segment — goodwill of $28.34M in Q4 2024.
How has First Solar's modules segment — goodwill changed year-over-year?
First Solar's modules segment — goodwill decreased by 4.6% year-over-year, from $29.69M to $28.34M.
What is the long-term trend for First Solar's modules segment — goodwill?
Over 3 years (2021 to 2024), First Solar's modules segment — goodwill has grown at a 25.9% compound annual growth rate (CAGR), from $57.85M to $115.49M.
What does modules segment — goodwill mean?
The current net value of goodwill assigned to the modules business segment.