Price to Operating Profit (P/OP)
since 2006
Calculation
First Solar Inc., P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Operating income (loss)1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 27, 2024 | 18.07 | = | 144.99 | ÷ | 8.02 | 8.02 | = | 857,266 | ÷ | 106,848,929 | |
| Feb 28, 2023 | — | = | 169.14 | ÷ | -0.26 | -0.26 | = | -27,236 | ÷ | 106,609,094 | |
| Mar 1, 2022 | 13.70 | = | 75.62 | ÷ | 5.52 | 5.52 | = | 586,751 | ÷ | 106,333,764 | |
| Feb 26, 2021 | 27.05 | = | 81.02 | ÷ | 3.00 | 3.00 | = | 317,489 | ÷ | 105,986,398 | |
| Feb 21, 2020 | — | = | 50.59 | ÷ | -1.53 | -1.53 | = | -161,785 | ÷ | 105,457,669 | |
| Feb 22, 2019 | 140.50 | = | 53.73 | ÷ | 0.38 | 0.38 | = | 40,113 | ÷ | 104,894,572 | |
| Feb 23, 2018 | 36.30 | = | 61.79 | ÷ | 1.70 | 1.70 | = | 177,851 | ÷ | 104,474,656 | |
| Feb 22, 2017 | — | = | 33.57 | ÷ | -4.83 | -4.83 | = | -502,590 | ÷ | 104,044,691 | |
| Feb 24, 2016 | 13.68 | = | 69.45 | ÷ | 5.08 | 5.08 | = | 516,664 | ÷ | 101,767,670 | |
| Feb 25, 2015 | 13.84 | = | 58.54 | ÷ | 4.23 | 4.23 | = | 424,163 | ÷ | 100,291,843 | |
| Feb 26, 2014 | 14.24 | = | 52.74 | ÷ | 3.70 | 3.70 | = | 368,529 | ÷ | 99,512,794 | |
| Feb 27, 2013 | — | = | 27.04 | ÷ | -0.43 | -0.43 | = | -37,563 | ÷ | 87,156,517 | |
| Feb 29, 2012 | — | = | 32.30 | ÷ | -0.79 | -0.79 | = | -68,664 | ÷ | 86,485,999 | |
| Feb 28, 2011 | 16.90 | = | 147.39 | ÷ | 8.72 | 8.72 | = | 748,903 | ÷ | 85,895,081 | |
| Feb 22, 2010 | 14.18 | = | 113.09 | ÷ | 7.97 | 7.97 | = | 679,615 | ÷ | 85,229,228 | |
| Feb 25, 2009 | 20.05 | = | 107.65 | ÷ | 5.37 | 5.37 | = | 438,339 | ÷ | 81,643,905 | |
| Feb 21, 2008 | 121.31 | = | 211.59 | ÷ | 1.74 | 1.74 | = | 137,181 | ÷ | 78,649,834 | |
| Mar 16, 2007 | 1,326.74 | = | 51.52 | ÷ | 0.04 | 0.04 | = | 2,810 | ÷ | 72,363,218 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of First Solar Inc. Annual Report.
Comparison to Competitors
First Solar Inc., P/OP, long-term trends, comparison to competitors
| First Solar Inc. | Advanced Micro Devices Inc. | Analog Devices Inc. | Applied Materials Inc. | Broadcom Inc. | Intel Corp. | Lam Research Corp. | Micron Technology Inc. | NVIDIA Corp. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 27, 2024 | 18.07 | 675.69 | 23.53 | 17.58 | 31.96 | 1,984.43 | 16.79 | — | 136.19 | 15.85 | 19.75 |
| Feb 28, 2023 | — | 100.42 | 26.16 | 11.35 | 16.33 | 49.91 | 11.79 | 5.93 | 66.12 | 7.95 | 16.29 |
| Mar 1, 2022 | 13.70 | 39.48 | 56.12 | 18.85 | 30.78 | 10.82 | 18.34 | 12.48 | 75.08 | 15.84 | 17.67 |
| Feb 26, 2021 | 27.05 | 75.77 | 33.76 | 18.50 | 44.04 | 9.72 | 20.40 | 19.51 | 66.40 | 23.32 | 26.53 |
| Feb 21, 2020 | — | 91.66 | 24.74 | 16.36 | 36.85 | 13.29 | 12.13 | 6.83 | 24.79 | 12.60 | 21.46 |
| Feb 22, 2019 | 140.50 | 51.38 | 17.62 | 6.74 | 19.42 | 9.40 | 8.67 | 3.20 | 45.61 | 103.26 | 15.00 |
| Feb 23, 2018 | 36.30 | 59.52 | 30.97 | 14.35 | 44.92 | 11.86 | 13.68 | 7.98 | 31.31 | 30.15 | 16.81 |
| Feb 22, 2017 | — | — | 21.85 | 16.54 | — | 13.40 | 13.46 | 106.63 | 23.80 | 15.26 | 16.07 |
| Feb 24, 2016 | 13.68 | — | 22.69 | 12.92 | 23.80 | 9.66 | 14.45 | 6.04 | 16.52 | 15.68 | 12.34 |
| Feb 25, 2015 | 13.84 | — | 23.01 | 19.66 | 59.05 | 10.60 | 16.98 | 11.23 | 19.66 | 17.00 | 15.64 |
| Feb 26, 2014 | 14.24 | 26.08 | 20.62 | 46.30 | 23.31 | 10.02 | 64.12 | 74.52 | 12.16 | 16.30 | 17.02 |
| Feb 27, 2013 | — | — | 14.67 | 31.47 | 13.51 | 7.13 | 26.84 | — | 14.06 | 17.43 | 19.14 |
| Feb 29, 2012 | — | 14.16 | 9.26 | 6.04 | 12.05 | 7.62 | 5.54 | 7.18 | 40.70 | 17.45 | 12.75 |
| Feb 28, 2011 | 16.90 | 7.42 | 11.93 | 12.82 | 13.69 | 7.79 | 10.92 | 4.84 | — | 22.51 | 9.25 |
| Feb 22, 2010 | 14.18 | 8.03 | 30.48 | — | 81.90 | 20.19 | — | — | — | 32.90 | 15.16 |
| Feb 25, 2009 | 20.05 | — | 7.90 | 10.25 | — | 7.50 | 9.41 | — | 13.27 | 14.67 | 8.01 |
| Feb 21, 2008 | 121.31 | — | 16.49 | 10.36 | — | 14.36 | 6.12 | — | 22.39 | 22.57 | 11.81 |
| Mar 16, 2007 | 1,326.74 | — | 20.89 | 12.54 | — | 21.27 | 14.39 | 30.18 | 24.63 | 22.34 | 13.27 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30).