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First Solar (XTER:F3A) Net Margin % : 35.26% (As of Sep. 2024)


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What is First Solar Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. First Solar's Net Income for the three months ended in Sep. 2024 was €282 Mil. First Solar's Revenue for the three months ended in Sep. 2024 was €800 Mil. Therefore, First Solar's net margin for the quarter that ended in Sep. 2024 was 35.26%.

The historical rank and industry rank for First Solar's Net Margin % or its related term are showing as below:

XTER:F3A' s Net Margin % Range Over the Past 10 Years
Min: -14.33   Med: 9.06   Max: 32.41
Current: 32.41


XTER:F3A's Net Margin % is ranked better than
95.98% of 996 companies
in the Semiconductors industry
Industry Median: 3.905 vs XTER:F3A: 32.41

First Solar Net Margin % Historical Data

The historical data trend for First Solar's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Solar Net Margin % Chart

First Solar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.75 14.69 16.03 -1.69 25.03

First Solar Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.50 30.14 29.80 34.57 35.26

Competitive Comparison of First Solar's Net Margin %

For the Solar subindustry, First Solar's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Solar's Net Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, First Solar's Net Margin % distribution charts can be found below:

* The bar in red indicates where First Solar's Net Margin % falls into.



First Solar Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

First Solar's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=761.823/3043.158
=25.03 %

First Solar's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=281.973/799.789
=35.26 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Solar  (XTER:F3A) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


First Solar Net Margin % Related Terms

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First Solar Business Description

Address
350 West Washington Street, Suite 600, Tempe, AZ, USA, 85288
First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.

First Solar Headlines

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