$18.87B Market Cap.
FSLR Market Cap. (MRY)
FSLR Shares Outstanding (MRY)
FSLR Assets (MRY)
Total Assets
$12.12B
Total Liabilities
$4.15B
Total Investments
$370.72M
FSLR Income (MRY)
Revenue
$4.21B
Net Income
$1.29B
Operating Expense
$464.56M
FSLR Cash Flow (MRY)
CF Operations
$1.22B
CF Investing
-$1.56B
CF Financing
$24.85M
FSLR Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $0 | 0% | 0% | 0% | - |
2023 | $0 | 0% | 0% | 0% | - |
2022 | $0 | 0% | 0% | 0% | - |
2021 | $0 | 0% | 0% | 0% | - |
2020 | $0 | 0% | - | 0% | - |
FSLR Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $12,124,361,000 (16.97%) | $10,365,132,000 (25.62%) | $8,251,228,000 (11.30%) | $7,413,746,000 (4.29%) |
Assets Current | $5,089,033,000 (9.80%) | $4,634,809,000 (22.24%) | $3,791,421,000 (18.81%) | $3,191,243,000 (5.86%) |
Assets Non-Current | $7,035,328,000 (22.77%) | $5,730,323,000 (28.49%) | $4,459,807,000 (5.62%) | $4,222,503,000 (3.13%) |
Goodwill & Intangible Assets | $82,989,000 (-11.90%) | $94,198,000 (106.72%) | $45,568,000 (-24.02%) | $59,971,000 (-15.06%) |
Shareholders Equity | $7,977,577,000 (19.29%) | $6,687,469,000 (14.59%) | $5,836,055,000 (-2.07%) | $5,959,551,000 (7.94%) |
Property Plant & Equipment Net | $5,413,683,000 (23.11%) | $4,397,285,000 (24.33%) | $3,536,902,000 (23.37%) | $2,866,880,000 (8.36%) |
Cash & Equivalents | $1,621,376,000 (-16.72%) | $1,946,994,000 (31.44%) | $1,481,269,000 (2.11%) | $1,450,654,000 (18.23%) |
Accumulated Other Comprehensive Income | -$184,058,000 (-5.70%) | -$174,131,000 (9.22%) | -$191,817,000 (-99.06%) | -$96,362,000 (-56.11%) |
Deferred Revenue | $2,039,825,000 (1.73%) | $2,005,183,000 (66.00%) | $1,207,940,000 (305.61%) | $297,811,000 (57.73%) |
Total Investments | $370,719,000 (4.78%) | $353,805,000 (-72.33%) | $1,278,782,000 (106.22%) | $620,115,000 (-21.04%) |
Investments Current | $171,583,000 (10.35%) | $155,495,000 (-85.82%) | $1,096,712,000 (192.15%) | $375,389,000 (-27.82%) |
Investments Non-Current | $199,136,000 (0.42%) | $198,310,000 (8.92%) | $182,070,000 (-25.60%) | $244,726,000 (-7.75%) |
Inventory | $1,359,756,000 (25.12%) | $1,086,798,000 (21.20%) | $896,707,000 (-0.79%) | $903,811,000 (17.56%) |
Trade & Non-Trade Receivables | $1,261,049,000 (90.84%) | $660,776,000 (86.14%) | $354,991,000 (-21.93%) | $454,709,000 (55.48%) |
Trade & Non-Trade Payables | $482,190,000 (132.74%) | $207,178,000 (-39.32%) | $341,409,000 (76.55%) | $193,374,000 (5.47%) |
Accumulated Retained Earnings (Deficit) | $5,263,110,000 (32.54%) | $3,971,066,000 (26.46%) | $3,140,289,000 (-1.39%) | $3,184,455,000 (17.26%) |
Tax Assets | $208,808,000 (46.20%) | $142,819,000 (81.52%) | $78,680,000 (32.99%) | $59,162,000 (-43.17%) |
Tax Liabilities | $77,363,000 (249.52%) | $22,134,000 (-24.71%) | $29,397,000 (547.08%) | $4,543,000 (-68.82%) |
Total Debt | $609,778,000 (8.83%) | $560,306,000 (203.94%) | $184,349,000 (-23.16%) | $239,901,000 (-14.09%) |
Debt Current | $236,424,000 (145.67%) | $96,238,000 (0%) | $0 (0%) | $3,896,000 (-90.62%) |
Debt Non-Current | $373,354,000 (-19.55%) | $464,068,000 (151.73%) | $184,349,000 (-21.89%) | $236,005,000 (-0.71%) |
Total Liabilities | $4,146,784,000 (12.76%) | $3,677,663,000 (52.27%) | $2,415,173,000 (66.08%) | $1,454,195,000 (-8.43%) |
Liabilities Current | $2,077,442,000 (59.05%) | $1,306,158,000 (25.83%) | $1,038,048,000 (42.81%) | $726,878,000 (-14.22%) |
Liabilities Non-Current | $2,069,342,000 (-12.74%) | $2,371,505,000 (72.21%) | $1,377,125,000 (89.34%) | $727,317,000 (-1.79%) |
FSLR Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $4,206,289,000 (26.75%) | $3,318,602,000 (26.70%) | $2,619,319,000 (-10.40%) | $2,923,377,000 (7.82%) |
Cost of Revenue | $2,348,425,000 (16.38%) | $2,017,923,000 (-20.85%) | $2,549,461,000 (16.23%) | $2,193,423,000 (8.02%) |
Selling General & Administrative Expense | $188,262,000 (-4.74%) | $197,622,000 (19.97%) | $164,724,000 (-3.29%) | $170,320,000 (-23.60%) |
Research & Development Expense | $191,375,000 (25.65%) | $152,307,000 (35.02%) | $112,804,000 (13.81%) | $99,115,000 (5.74%) |
Operating Expenses | $464,559,000 (3.17%) | $450,296,000 (28.43%) | $350,605,000 (20.70%) | $290,487,000 (-20.02%) |
Interest Expense | $38,870,000 (199.81%) | $12,965,000 (6.05%) | $12,225,000 (-6.73%) | $13,107,000 (-45.47%) |
Income Tax Expense | $114,294,000 (88.88%) | $60,513,000 (14.69%) | $52,764,000 (-49.01%) | $103,469,000 (196.44%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $1,292,044,000 (55.52%) | $830,777,000 (1981.03%) | -$44,166,000 (-109.42%) | $468,693,000 (17.66%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $1,292,044,000 (55.52%) | $830,777,000 (1981.03%) | -$44,166,000 (-109.42%) | $468,693,000 (17.66%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $1,292,044,000 (55.52%) | $830,777,000 (1981.03%) | -$44,166,000 (-109.42%) | $468,693,000 (17.66%) |
Weighted Average Shares | $107,015,000 (0.21%) | $106,795,000 (0.23%) | $106,551,000 (0.27%) | $106,263,000 (0.37%) |
Weighted Average Shares Diluted | $107,525,000 (0.14%) | $107,372,000 (0.77%) | $106,551,000 (-0.35%) | $106,924,000 (0.22%) |
Earning Before Interest & Taxes (EBIT) | $1,445,208,000 (59.82%) | $904,255,000 (4242.58%) | $20,823,000 (-96.44%) | $585,269,000 (85.74%) |
Gross Profit | $1,857,864,000 (42.84%) | $1,300,679,000 (1761.89%) | $69,858,000 (-90.43%) | $729,954,000 (7.24%) |
Operating Income | $1,393,305,000 (63.84%) | $850,383,000 (402.90%) | -$280,747,000 (-163.88%) | $439,467,000 (38.42%) |
FSLR Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$1,563,307,000 (-230.65%) | -$472,791,000 (60.36%) | -$1,192,574,000 (-1104.13%) | -$99,040,000 (24.53%) |
Net Cash Flow from Financing | $24,849,000 (-92.62%) | $336,853,000 (8.88%) | $309,392,000 (662.99%) | $40,550,000 (149.10%) |
Net Cash Flow from Operations | $1,217,999,000 (102.24%) | $602,260,000 (-31.04%) | $873,369,000 (267.64%) | $237,559,000 (539.98%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$326,846,000 (-169.30%) | $471,607,000 (1153.44%) | $37,625,000 (-79.35%) | $182,243,000 (205.39%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | -$28,059,000 (-106.34%) | $442,302,000 (47.19%) | $300,499,000 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$24,240,000 (-102.55%) | $951,089,000 (230.60%) | -$728,221,000 (-593.85%) | $147,459,000 (-49.31%) |
Capital Expenditure | -$1,526,076,000 (-10.04%) | -$1,386,775,000 (-53.47%) | -$903,605,000 (-67.24%) | -$540,291,000 (-29.68%) |
Issuance (Repayment) of Debt Securities | $52,640,000 (-85.69%) | $367,983,000 (14.46%) | $321,484,000 (468.61%) | $56,539,000 (182.34%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$6,387,000 (-220.85%) | $5,285,000 (-88.86%) | $47,438,000 (1394.58%) | $3,174,000 (-15.99%) |
Share Based Compensation | $28,104,000 (-17.87%) | $34,219,000 (19.41%) | $28,656,000 (37.10%) | $20,902,000 (-28.58%) |
Depreciation Amortization & Accretion | $423,498,000 (37.50%) | $307,994,000 (14.19%) | $269,724,000 (3.78%) | $259,900,000 (11.58%) |
FSLR Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 44.20% (12.76%) | 39.20% (1351.85%) | 2.70% (-89.20%) | 25.00% (-0.40%) |
Profit Margin | 30.70% (22.80%) | 25.00% (1570.59%) | -1.70% (-110.63%) | 16.00% (8.84%) |
EBITDA Margin | 44.40% (21.64%) | 36.50% (228.83%) | 11.10% (-61.59%) | 28.90% (43.07%) |
Return on Average Equity (ROAE) | 17.40% (30.83%) | 13.30% (1762.50%) | -0.80% (-109.88%) | 8.10% (8.00%) |
Return on Average Assets (ROAA) | 11.40% (28.09%) | 8.90% (1583.33%) | -0.60% (-109.23%) | 6.50% (14.04%) |
Return on Sales (ROS) | 34.40% (26.47%) | 27.20% (3300.00%) | 0.80% (-96.00%) | 20.00% (72.41%) |
Return on Invested Capital (ROIC) | 17.00% (36.00%) | 12.50% (3025.00%) | 0.40% (-96.26%) | 10.70% (84.48%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | 14.6 (-34.06%) | 22.14 (106.06%) | -365.34 (-1948.52%) | 19.76 (-24.88%) |
Price to Sales Ratio (P/S) | 4.48 (-19.12%) | 5.54 (-9.01%) | 6.09 (92.33%) | 3.17 (-17.97%) |
Price to Book Ratio (P/B) | 2.37 (-14.06%) | 2.75 (0.58%) | 2.74 (75.95%) | 1.55 (-18.11%) |
Debt to Equity Ratio (D/E) | 0.52 (-5.45%) | 0.55 (32.85%) | 0.41 (69.67%) | 0.24 (-15.28%) |
Earnings Per Share (EPS) | 12.07 (55.14%) | 7.78 (1997.56%) | -0.41 (-109.30%) | 4.41 (17.29%) |
Sales Per Share (SPS) | 39.31 (26.49%) | 31.07 (26.41%) | 24.58 (-10.64%) | 27.51 (7.42%) |
Free Cash Flow Per Share (FCFPS) | -2.88 (60.81%) | -7.35 (-2486.62%) | -0.28 (90.03%) | -2.85 (20.53%) |
Book Value Per Share (BVPS) | 74.55 (19.05%) | 62.62 (14.33%) | 54.77 (-2.34%) | 56.08 (7.54%) |
Tangible Assets Book Value Per Share (TABVPS) | 112.52 (17.00%) | 96.17 (24.88%) | 77.01 (11.28%) | 69.2 (4.09%) |
Enterprise Value Over EBIT (EV/EBIT) | 13 (-31.58%) | 19 (-97.38%) | 724 (5071.43%) | 14 (-53.33%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 9.87 (-31.29%) | 14.37 (-72.32%) | 51.89 (436.24%) | 9.68 (-43.98%) |
Asset Turnover | 0.37 (4.80%) | 0.35 (3.21%) | 0.34 (-14.89%) | 0.4 (4.40%) |
Current Ratio | 2.45 (-30.95%) | 3.55 (-2.85%) | 3.65 (-16.81%) | 4.39 (23.42%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$308,077,000 (60.73%) | -$784,515,000 (-2494.64%) | -$30,236,000 (90.01%) | -$302,732,000 (20.23%) |
Enterprise Value (EV) | $18,444,306,688 (5.92%) | $17,413,611,843 (15.50%) | $15,077,131,322 (84.35%) | $8,178,583,172 (-13.61%) |
Earnings Before Tax (EBT) | $1,406,338,000 (57.79%) | $891,290,000 (10266.25%) | $8,598,000 (-98.50%) | $572,162,000 (96.58%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $1,868,706,000 (54.15%) | $1,212,249,000 (317.23%) | $290,547,000 (-65.62%) | $845,169,000 (54.22%) |
Invested Capital | $8,952,332,000 (18.13%) | $7,578,088,000 (29.08%) | $5,870,692,000 (8.39%) | $5,416,144,000 (3.30%) |
Working Capital | $3,011,591,000 (-9.53%) | $3,328,651,000 (20.89%) | $2,753,373,000 (11.73%) | $2,464,365,000 (13.72%) |
Tangible Asset Value | $12,041,372,000 (17.24%) | $10,270,934,000 (25.17%) | $8,205,660,000 (11.58%) | $7,353,775,000 (4.48%) |
Market Capitalization | $18,867,854,688 (2.50%) | $18,407,120,843 (15.27%) | $15,968,454,322 (72.31%) | $9,267,435,172 (-11.60%) |
Average Equity | $7,432,284,000 (19.40%) | $6,224,552,750 (6.24%) | $5,858,848,500 (0.72%) | $5,817,010,250 (9.18%) |
Average Assets | $11,333,959,000 (20.86%) | $9,377,384,750 (22.73%) | $7,640,659,750 (5.24%) | $7,259,939,750 (3.29%) |
Invested Capital Average | $8,488,825,250 (16.89%) | $7,262,365,750 (31.01%) | $5,543,524,000 (1.12%) | $5,482,216,750 (0.82%) |
Shares | 107,057,732 (0.20%) | 106,844,212 (0.22%) | 106,605,610 (0.26%) | 106,326,700 (0.33%) |
