First Solar, Inc. (FSLR) vs Shoals Technologies Group, Inc. (SHLS)
First Solar, Inc. and Shoals Technologies Group, Inc. are both Solar companies. First Solar, Inc. is the larger, with a market value of $18.7B against $1.3B — 15.0× the size. First Solar, Inc. trades at the lower P/E: 10.9× against 39.7×. Shoals Technologies Group, Inc. grew revenue faster over the last twelve months: 46.9% against 23.8%. First Solar, Inc. has the higher net margin (32.5% vs 5.41%) and the higher return on invested capital (13.1% vs 4.89%). Across the 21 metrics below, First Solar, Inc. leads on 16 and Shoals Technologies Group, Inc. on 5.
Valuation
Profitability
| Metric | FSLR | SHLS | Solar median |
|---|---|---|---|
| Gross margin | 44.02% | 31.92% | 31.92% |
| Operating margin | 33.65% | 10.63% | (9.70%) |
| Net margin | 32.47% | 5.41% | (8.48%) |
| Free cash flow margin | 27.89% | (8.77%) | (2.95%) |
| Return on equity | 18.51% | 5.34% | 5.34% |
| Return on assets | 13.30% | 3.51% | (5.36%) |
| Return on invested capital | 13.10% | 4.89% | (5.27%) |
Growth
Health
Dividend
Size
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