First Solar vs Microchip Technology
First Solar and Microchip Technology are similar in size: $5.22bn and $4.71bn of revenue in their latest fiscal years. First Solar grew faster (24.1% against 7.1%). First Solar kept more of each dollar of sales as profit: a net margin of 29.3% against 4.9%. First Solar carries less debt relative to equity (5.2% against 86.1%).
| Latest fiscal year | First SolarFSLR, 2025 | Microchip TechnologyMCHP, 2026 |
|---|---|---|
| Revenue | $5.22bn | $4.71bn |
| Revenue growth | 24.1% | 7.1% |
| Net income | $1.53bn | $230m |
| Operating margin | 30.6% | 10.4% |
| Net margin | 29.3% | 4.9% |
| Return on equity | 17.4% | 3.4% |
| Free cash flow | $1.19bn | $871m |
| Cash | $2.80bn | $240m |
| Total debt | $499m | $5.54bn |
| Debt to equity | 5.2% | 86.1% |
| Dividend per share | — | $1.82 |
| Dividend yield | — | 2.4% |
| Share buybacks | — | $0 |
| Employees | 7,900 | 17,900 |
| Market value | $20.14bn | $42.50bn |
| Price vs our value range | Above our value range | Above our value range |
| Moat score | 34 (Weak) | 77 (Strong) |
| Insider trades, 12 months | 0 buys, 164 sales | 0 buys, 22 sales |