First Solar Inc (FSLR) — Cash Flow Reinvestment Rate
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. Check FSLR operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
First Solar Inc Cash Flow Reinvestment Rate (2005–2025)
Historical reinvestment intensity for First Solar Inc across 17 annual periods. Explore First Solar Inc (FSLR) long-term investment share to see how much of total assets are deployed in long-term investments.
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 First Solar Inc stock valuation.
| 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 | — |