First Solar Inc (FSLR) — Free Cash Flow Generation Index
First Solar Inc (FSLR) has a Free Cash Flow Generation Index of 0.86x as of December 2025. Free cash flow of $1.07 Billion represents 1% of operating cash flow ($1.24 Billion). See FSLR current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
First Solar Inc Free Cash Flow Generation Index (2005–2025)
Historical FCF Generation Index trend for First Solar Inc across 17 annual periods. Explore debt repayment capacity of First Solar Inc to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for First Solar Inc (2005–2025)
Year-by-year Free Cash Flow Generation Index for First Solar Inc. For the full company profile including market capitalisation, see First Solar Inc (FSLR) total market value.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.58x | $1.19 Billion | $2.06 Billion | $869.88 Million | ▲ +328.2% |
| 2024 | -0.25x | $-308.08 Million | $1.22 Billion | $1.53 Billion | ▲ +80.6% |
| 2023 | -1.30x | $-784.51 Million | $602.26 Million | $1.39 Billion | ▼ -3662.6% |
| 2022 | -0.03x | $-30.24 Million | $873.37 Million | $903.61 Million | ▲ +97.3% |
| 2021 | -1.27x | $-302.73 Million | $237.56 Million | $540.29 Million | ▲ +87.5% |
| 2020 | -10.22x | $-379.51 Million | $37.12 Million | $416.63 Million | ▼ -260.2% |
| 2019 | -2.84x | $-494.52 Million | $174.20 Million | $668.72 Million | ▼ -560.6% |
| 2017 | 0.62x | $826.32 Million | $1.34 Billion | $514.36 Million | ▲ +661.4% |
| 2016 | -0.11x | $-22.70 Million | $206.75 Million | $229.45 Million | ▼ -117.7% |
| 2014 | 0.62x | $423.44 Million | $680.99 Million | $257.55 Million | ▼ -7.2% |
| 2013 | 0.67x | $573.55 Million | $856.13 Million | $282.58 Million | ▲ +33.3% |
| 2012 | 0.50x | $382.98 Million | $762.21 Million | $379.23 Million | ▲ +204.1% |
| 2010 | 0.17x | $116.58 Million | $705.49 Million | $588.91 Million | ▼ -71.8% |
| 2009 | 0.59x | $395.25 Million | $675.19 Million | $279.94 Million | ▲ +7041.1% |
| 2008 | 0.01x | $3.80 Million | $463.07 Million | $459.27 Million | ▲ +104.6% |
| 2007 | -0.18x | $-36.42 Million | $205.95 Million | $242.37 Million | ▲ +97.6% |
| 2005 | -7.43x | $-37.44 Million | $5.04 Million | $42.48 Million | — |