First Solar FSLR Return on invested capital

Return on invested capital at other companies

SolarEdge TechnologiesSEDG

-37%-13.1pp

Enphase EnergyENPH

6%-1.8pp

Shoals Technologies Group, Inc.SHLS

9.2%+2.8pp

Solaris Energy InfrastructureSEI

14.7%-12.3pp

SunrunRUN

-15.1%-6.9pp

FTC SolarFTCI

-228%+167pp

FAQ

What is First Solar's return on invested capital?

First Solar (FSLR) reported return on invested capital of 21.6% in Q2 2026.

How has First Solar's return on invested capital changed year-over-year?

First Solar's return on invested capital increased by 20.3% year-over-year, from 18% to 21.6%.

What is the long-term trend for First Solar's return on invested capital?

Over 5 years (2020 to 2025), First Solar's return on invested capital has grown at a 24.5% compound annual growth rate (CAGR), from 7% to 21%.

What does return on invested capital mean?

Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.