Buyback yield (TTM)
0.00%
Shareholder yield (TTM)
0.00%
5Y share count change
0.8%
Buyback spend (TTM)
$278K
Cumulative buybacks
$202M
Key takeaways
- First Solar (FSLR) repurchased about $278K of stock over the trailing twelve months.
- Diluted share count is roughly flat (0.8%) over the last ~5 fiscal years — buybacks are offsetting dilution but not shrinking the float.
- TTM buyback ÷ stock-based-comp ratio of 0.01× — repurchases only partially offset SBC dilution.
- Cash buyback spend has compounded at +3.4% per year over the latest 5-year window.
- TTM repurchases used about 0% of free cash flow remaining after dividends.
Dividend & buyback yield over time for First Solar (FSLR)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for First Solar (FSLR)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for First Solar (FSLR)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for First Solar (FSLR)
Latest: $15.5M
Overview
The 2025 reading of First Solar (FSLR) buyback spend is $15.5M – declined 23.1% year-over-year.
First Solar buyback spend compound annual growth for the 2020–2025 (5 years) window is +3.4%, with mixed annual results across the window.
Between 2023 and 2025, First Solar buyback spend plunged 50.1%, falling from $31.1M to $15.5M.
$31.1M stands as the all-time-high annual buyback spend, posted in 2023, against a low of $0.00 during 2001.
First Solar Buyback Spend 2025: $15.5M
First Solar posted buyback spend of $15.5M in 2025, declined 23.1% below 2024.
First Solar Buyback Spend 2024: $20.2M
In 2024, First Solar reported buyback spend of $20.2M, plunged 35.2% below 2023.
First Solar Buyback Spend 2023: $31.1M
First Solar buyback spend in 2023 was $31.1M, surged 157.4% from 2022. This figure represents the highest annual value in the available history.
First Solar Buyback Spend 2022: $12.1M
2022's buyback spend for First Solar came in at $12.1M, declined 24.4% below 2021.
First Solar Buyback Spend 2021: $16M
First Solar buyback spend in 2021 was $16M.
See more financial history for First Solar (FSLR).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $15.5M | $19.2M | -$3.7M | 0.06% | 108M | +0.0% | |
| 2024 | $20.2M | $28.1M | -$7.93M | 0.11% | 108M | +0.1% | |
| 2023 | $31.1M | $34.2M | -$3.09M | 0.17% | 107M | +0.8% | |
| 2022 | $12.1M | $28.7M | -$16.6M | 0.08% | 107M | -0.3% | |
| 2021 | $16M | $20.9M | -$4.91M | 0.17% | 107M | +0.2% | |
| 2020 | $13.1M | $29.3M | -$16.1M | 0.13% | 107M | +1.3% | |
| 2019 | $16.1M | $37.4M | -$21.3M | 0.27% | 105M | -0.8% | |
| 2018 | $11.2M | $34.2M | -$23M | 0.25% | 106M | +1.7% | |
| 2017 | $5.14M | $35.1M | -$30M | 0.07% | 104M | +1.4% | |
| 2016 | $20.4M | $28.7M | -$8.31M | 0.61% | 103M | +1.0% | |
| 2015 | $18.2M | $44.9M | -$26.7M | 0.27% | 102M | +0.2% | |
| 2014 | $23.1M | $43.8M | -$20.7M | 0.52% | 102M | +6.5% | |
| 2013 | $0.00 | $55.1M | -$55.1M | — | 95.5M | +9.9% | |
| 2012 | $0.00 | $37M | -$37M | — | 86.9M | +0.9% | |
| 2011 | $0.00 | $114M | -$114M | — | 86.1M | -0.5% | |
| 2010 | $0.00 | $30.3M | -$30.3M | — | 86.5M | +1.7% | |
| 2009 | $0.00 | $88.7M | -$88.7M | — | 85M | +3.6% | |
| 2008 | $0.00 | $28.7M | -$28.7M | — | 82.1M | +5.3% | |
| 2007 | $0.00 | $0.00 | $0.00 | — | 78M | +33.8% | |
| 2006 | $0.00 | $0.00 | $0.00 | — | 58.3M | +19.3% | |
| 2005 | $0.00 | $0.00 | $0.00 | — | 48.8M | +11.2% | |
| 2004 | $0.00 | $0.00 | $0.00 | — | 43.9M | -18.3% | |
| 2001 | $0.00 | $0.00 | $0.00 | — | 53.8M | — |
- 2025$15.5M
- 2024$20.2M
- 2023$31.1M
- 2022$12.1M
- 2021$16M
- 2020$13.1M
- 2019$16.1M
- 2018$11.2M
- 2017$5.14M
- 2016$20.4M
- 2015$18.2M
- 2014$23.1M
- 2013$0.00
- 2012$0.00
- 2011$0.00
- 2010$0.00
- 2009$0.00
- 2008$0.00
- 2007$0.00
- 2006$0.00
- 2005$0.00
- 2004$0.00
- 2001$0.00
Buybacks vs stock-based compensation for First Solar (FSLR)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 0.01×.
Buybacks vs dividends (share of cash returned) for First Solar (FSLR)
How First Solar splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as First Solar, ranked by their latest buyback spend.
| $90.7B | |
| $40.1B | |
| $22.3B | |
| $6.31B | |
| $1.32B | |
| $0.00 | |
| $0.00 |
- $90.7B
- $40.1B
- $22.3B
- $6.31B
- $1.32B
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $1.67B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
How this company returns cash to shareholders — buybacks, dividends, and stock splits.