First Solar Inc (FSLR) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.14x

First Solar Inc (FSLR) has a Cash Flow Reinvestment Rate of 0.14x as of December 2025, reinvesting $175.89 Million (capex $171.73 Million plus investments $-4.16 Million) from operating cash flow of $1.24 Billion. Explore how much does First Solar Inc reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.14x
(Capex + Investments) / Operating CF

Total Reinvested

$175.89 Million
Capex + Investments

Operating Cash Flow

$1.24 Billion
USD

Capital Expenditures

$171.73 Million
USD

First Solar Inc Cash Flow Reinvestment Rate (2005–2025)

Historical reinvestment intensity for First Solar Inc across 17 annual periods. Also explore First Solar Inc total assets for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for First Solar Inc (2005–2025)

Year-by-year capital reinvestment analysis for First Solar Inc. For live market cap and broader valuation context, see how much is First Solar Inc worth.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.48x $982.98 Million $2.06 Billion $869.88 Million ▼ -81.2%
2024 2.54x $3.09 Billion $1.22 Billion $1.53 Billion ▼ -32.3%
2023 3.75x $2.26 Billion $602.26 Million $1.39 Billion ▲ +56.1%
2022 2.40x $2.10 Billion $873.37 Million $903.61 Million ▼ -17.1%
2021 2.90x $687.75 Million $237.56 Million $540.29 Million ▼ -84.8%
2020 19.06x $707.54 Million $37.12 Million $416.63 Million ▲ +239.5%
2019 5.61x $978.01 Million $174.20 Million $668.72 Million ▲ +1101.3%
2017 0.47x $626.56 Million $1.34 Billion $514.36 Million ▼ -70.9%
2016 1.61x $332.15 Million $206.75 Million $229.45 Million ▲ +185.5%
2014 0.56x $383.19 Million $680.99 Million $257.55 Million ▼ -22.8%
2013 0.73x $624.40 Million $856.13 Million $282.58 Million ▲ +25.9%
2012 0.58x $441.53 Million $762.21 Million $379.23 Million ▼ -47.2%
2010 1.10x $774.00 Million $705.49 Million $588.91 Million ▲ +6.3%
2009 1.03x $696.61 Million $675.19 Million $279.94 Million ▲ +4.0%
2008 0.99x $459.27 Million $463.07 Million $459.27 Million ▼ -15.7%
2007 1.18x $242.37 Million $205.95 Million $242.37 Million ▼ -86.0%
2005 8.43x $42.48 Million $5.04 Million $42.48 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow