First Solar Inc Cash Flow Quality Index
First Solar Inc cash flow quality index. First Solar Inc (FSLR) has a Cash Flow Quality Index of -0.62x as of March 2026. Operating cash flow of $-214.87 Million is below net income of $346.62 Million, suggesting accrual-heavy earnings not yet converted to cash. See financial agility of First Solar Inc to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of First Solar Inc (2006–2025)
Cash flow quality index of First Solar Inc from 2006 to 2025. Historical Cash Flow Quality Index for First Solar Inc across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore how well can First Solar Inc service its debt to assess how comfortably operating cash covers total debt obligations.
First Solar Inc Cash Flow Quality Index by Year (2006–2025)
First Solar Inc cash flow quality index by year from 2006 to 2025. Year-by-year earnings quality comparison for First Solar Inc. For the full cash flow conversion analysis, see First Solar Inc (FSLR) cash flow conversion.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.35x | $2.06 Billion | $1.53 Billion | ▲ +42.8% |
| 2024 | 0.94x | $1.22 Billion | $1.29 Billion | ▲ +30.0% |
| 2023 | 0.72x | $602.26 Million | $830.78 Million | ▲ +43.0% |
| 2021 | 0.51x | $237.56 Million | $468.69 Million | ▲ +443.9% |
| 2020 | 0.09x | $37.12 Million | $398.36 Million | ▲ +104.1% |
| 2018 | -2.26x | $-326.81 Million | $144.33 Million | ▼ -242.8% |
| 2015 | -0.66x | $-360.92 Million | $546.42 Million | ▼ -138.5% |
| 2014 | 1.72x | $680.99 Million | $396.92 Million | ▼ -29.3% |
| 2013 | 2.43x | $856.13 Million | $353.04 Million | ▲ +128.3% |
| 2010 | 1.06x | $705.49 Million | $664.20 Million | ▲ +0.7% |
| 2009 | 1.05x | $675.19 Million | $640.14 Million | ▼ -20.7% |
| 2008 | 1.33x | $463.07 Million | $348.33 Million | ▲ +2.2% |
| 2007 | 1.30x | $205.95 Million | $158.35 Million | ▲ +997.3% |
| 2006 | -0.14x | $-576.00K | $3.97 Million | — |