First Solar Inc (FSLR) — 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). See debt-free asset ratio of First Solar Inc to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
First Solar Inc Capital Reinvestment Ratio (2005–2025)
This chart tracks First Solar Inc's Capital Reinvestment Ratio across 17 annual periods. Check FSLR total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
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 | — |