First Solar (NAS:FSLR) 3-Year RORE %

: 1.99% (As of Sep. 2023)

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Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. First Solar's 3-Year RORE % for the quarter that ended in Sep. 2023 was 1.99%.

The industry rank for First Solar's 3-Year RORE % or its related term are showing as below:

FSLR's 3-Year RORE % is ranked better than
54.19% of 906 companies
in the Semiconductors industry
Industry Median: -4.30 vs FSLR: 1.99

First Solar 3-Year RORE % Historical Data

The historical data trend for First Solar's 3-Year RORE % 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 Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

3-Year RORE %

-127.99

-38.06

59.65

77.92

-53.97

First Solar Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
3-Year RORE %																-16.81	-53.97	-61.46	-44.81	1.99

Competitive Comparison

For the Solar subindustry, First Solar's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 3-Year RORE % Distribution

For the Semiconductors industry and Technology sector, First Solar's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where First Solar's 3-Year RORE % falls into.

First Solar 3-Year RORE % Calculation

First Solar's 3-Year RORE % for the quarter that ended in Sep. 2023 is calculated as:

3-Year RORE %	=	( Most Recent EPS (Diluted)	-	First Period EPS (Diluted) )	/	( Cumulative EPS (Diluted) for 3-year	-	Cumulative Dividends per Share for 3-year )
	=	( 4.42	-	4.23 )	/	( 9.53	-	0 )
	=	0.19	/	9.53
	=	1.99 %

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Sep. 2023 and 3-year before.

First Solar (NAS:FSLR) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.

First Solar 3-Year RORE % Related Terms

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First Solar (NAS:FSLR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » First Solar Inc (NAS:FSLR) » Definitions » 3-Year RORE %

Traded in Other Exchanges

FSLR:Mexico F3A:Germany F3A:Germany F3A:Germany FSLR34:Brazil FSLR:Austria FSLR:Argentina

Address

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

Website

https://www.firstsolar.com

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.

Executives

Norman L. Wright	director	26335 N. 104TH WAY, SCOTTSDALE AZ 85255
Lisa A Kro	director	3700 WELLS FARGO CENTER, 90 SOUTH 7TH STREET, MINNEAPOLIS MN 55402
Anita M. George	director	4/5 SHANTINIKETAN, NEW DELHI K7 110 021
Kathryn A Hollister	director	331 OREGON STREET, CINCINNATI OH 45202
Michael Koralewski	officer: Chief Mfg. Operations Officer	28101 CEDAR PARK BLVD., PERRYSBURG OH 43551
Kuntal Kumar Verma	officer: Chief Mfg. Engineering Officer	28101 CEDAR PARK BLVD., PERRYSBURG OH 43551
Patrick James Buehler	officer: Chief Quality and Rel. Officer	28101 CEDAR PARK BLVD., PERRYSBURG OH 43551
Markus Gloeckler	officer: Co-Chief Technology Officer	28101 CEDAR PARK BLVD., PERRYSBURG OH 43551
Jason E. Dymbort	officer: General Counsel, Interim	77 RIO ROBLES, SAN JOSE CA 95134
Caroline Stockdale	officer: EVP, HR & Communications	C/O WARNER MUSIC GROUP, 75 ROCKEFELLER PLAZA, NEW YORK NY 10019
Byron Michael Jeffers	officer: CAO, Interim	350 WEST WASHINGTON ST., TEMPE AZ 85281
Molly Joseph	director	9209 GRAND SUMMIT BLVD, DRIPPING SPRINGS TX 78620
Jtw Trust No. 1 Uad 9/19/02	other: Member of Group(1)	P.O. BOX 1860, BENTONVILLE AR 72712
Jcl Holdings Llc	10 percent owner	PO BOX 1860, BENTONVILLE AR 72712
Lukas T Walton	10 percent owner	C/O CRAVATH, SWAINE & MOORE LLP, 825 EIGHTH AVENUE, NEW YORK NY 10019