First Solar Inc (FSLR) — Capital Reinvestment Ratio
Latest as of December 2025:
0.14x
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). See First Solar Inc (FSLR) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.14x
Capex / Operating Cash Flow
Operating Cash Flow
$1.24 Billion
USD
Capital Expenditures
$171.73 Million
USD
Data as of
Dec 2025
Most recent filing
First Solar Inc Capital Reinvestment Ratio (2005–2025)
This chart tracks First Solar Inc's Capital Reinvestment Ratio across 17 annual periods.
Annual Capital Reinvestment Ratio for First Solar Inc (2005–2025)
Year-by-year Capital Reinvestment Ratio for First Solar Inc from 2005 to 2025. For live market cap and broader valuation context, see First Solar Inc market cap and net worth.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow