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First Solar (WBO:FSLR) Pretax Margin % : 32.51% (As of Dec. 2023)


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What is First Solar Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. First Solar's Pre-Tax Income for the three months ended in Dec. 2023 was €345 Mil. First Solar's Revenue for the three months ended in Dec. 2023 was €1,062 Mil. Therefore, First Solar's pretax margin for the quarter that ended in Dec. 2023 was 32.51%.

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

WBO:FSLR' s Pretax Margin % Range Over the Past 10 Years
Min: -18.5   Med: 8.84   Max: 26.86
Current: 26.86


WBO:FSLR's Pretax Margin % is ranked better than
90.84% of 982 companies
in the Semiconductors industry
Industry Median: 4.76 vs WBO:FSLR: 26.86

First Solar Pretax Margin % Historical Data

The historical data trend for First Solar's Pretax 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 Pretax Margin % Chart

First Solar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.92 10.81 19.57 0.33 26.86

First Solar Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax 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 -0.66 6.51 23.25 36.26 32.51

Competitive Comparison of First Solar's Pretax Margin %

For the Solar subindustry, First Solar's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % Distribution in the Semiconductors Industry

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

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



First Solar Pretax Margin % Calculation

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

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

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=817.313/3043.158
=26.86 %

First Solar's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=345.416/1062.393
=32.51 %

* 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  (WBO:FSLR) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


First Solar Pretax Margin % Related Terms

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First Solar (WBO:FSLR) Business Description

Address
350 West Washington Street, Suite 600, Tempe, AZ, USA, 85281
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.

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