First Solar Inc Capital Reinvestment Ratio
First Solar Inc capital reinvestment ratio. First Solar Inc (FSLR) has a Capital Reinvestment Ratio of 0.14x as of December 2025, meaning it reinvests 0% of its operating cash flow ($1.24 Billion) in capital expenditures ($171.73 Million). Check total reinvestment intensity of First Solar Inc to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of First Solar Inc (2005–2025)
Capital reinvestment ratio of First Solar Inc from 2005 to 2025. This chart tracks First Solar Inc's Capital Reinvestment Ratio across 17 annual periods. Also explore net asset momentum of First Solar Inc to track the company's year-over-year net asset growth rate.
First Solar Inc Capital Reinvestment Ratio by Year (2005–2025)
First Solar Inc capital reinvestment ratio by year from 2005 to 2025. For the full cash flow conversion analysis, see First Solar Inc (FSLR) cash flow conversion.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.42x | $2.06 Billion | $869.88 Million | ▼ -66.3% |
| 2024 | 1.25x | $1.22 Billion | $1.53 Billion | ▼ -45.6% |
| 2023 | 2.30x | $602.26 Million | $1.39 Billion | ▲ +122.6% |
| 2022 | 1.03x | $873.37 Million | $903.61 Million | ▼ -54.5% |
| 2021 | 2.27x | $237.56 Million | $540.29 Million | ▼ -79.7% |
| 2020 | 11.22x | $37.12 Million | $416.63 Million | ▲ +192.4% |
| 2019 | 3.84x | $174.20 Million | $668.72 Million | ▲ +900.6% |
| 2017 | 0.38x | $1.34 Billion | $514.36 Million | ▼ -65.4% |
| 2016 | 1.11x | $206.75 Million | $229.45 Million | ▲ +193.4% |
| 2014 | 0.38x | $680.99 Million | $257.55 Million | ▲ +14.6% |
| 2013 | 0.33x | $856.13 Million | $282.58 Million | ▼ -33.7% |
| 2012 | 0.50x | $762.21 Million | $379.23 Million | ▼ -40.4% |
| 2010 | 0.83x | $705.49 Million | $588.91 Million | ▲ +101.3% |
| 2009 | 0.41x | $675.19 Million | $279.94 Million | ▼ -58.2% |
| 2008 | 0.99x | $463.07 Million | $459.27 Million | ▼ -15.7% |
| 2007 | 1.18x | $205.95 Million | $242.37 Million | ▼ -86.0% |
| 2005 | 8.43x | $5.04 Million | $42.48 Million | — |