Solar
Compare Stocks
2 / 10Stock Comparison
FSLR vs MAXN
Revenue, margins, valuation, and 5-year total return — side by side.
Solar
FSLR vs MAXN — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Solar | Solar |
| Market Cap | $23.42B | $9M |
| Revenue (TTM) | $5.42B | $176M |
| Net Income (TTM) | $1.67B | $-565M |
| Gross Margin | 41.7% | -137.2% |
| Operating Margin | 33.0% | -290.5% |
| Forward P/E | 12.2x | — |
| Total Debt | $499M | $311M |
| Cash & Equiv. | $2.80B | $29M |
FSLR vs MAXN — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Aug 20 | May 26 | Return |
|---|---|---|---|
| First Solar, Inc. (FSLR) | 100 | 284.6 | +184.6% |
| Maxeon Solar Techno… (MAXN) | 100 | 0.0 | -100.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: FSLR vs MAXN
Each card shows where this stock fits in a portfolio — not just who wins on paper.
FSLR carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- beta 1.39
- Rev growth 24.1%, EPS growth 18.2%, 3Y rev CAGR 25.8%
- 320.9% 10Y total return vs MAXN's -100.0%
In this particular matchup, MAXN is outpaced on most metrics by others in the set.
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 24.1% revenue growth vs MAXN's -54.7% | |
| Quality / Margins | 30.7% margin vs MAXN's -320.5% | |
| Stability / Safety | Beta 1.39 vs MAXN's 2.08 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +72.0% vs MAXN's -80.3% | |
| Efficiency (ROA) | 12.6% ROA vs MAXN's -190.0%, ROIC 17.6% vs -351.1% |
FSLR vs MAXN — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
FSLR vs MAXN — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
FSLR leads this category, winning 6 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
FSLR is the larger business by revenue, generating $5.4B annually — 30.7x MAXN's $176M. FSLR is the more profitable business, keeping 30.7% of every revenue dollar as net income compared to MAXN's -3.2%. On growth, FSLR holds the edge at +23.6% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $5.4B | $176M |
| EBITDAEarnings before interest/tax | $2.2B | -$488M |
| Net IncomeAfter-tax profit | $1.7B | -$565M |
| Free Cash FlowCash after capex | $1.7B | -$186M |
| Gross MarginGross profit ÷ Revenue | +41.7% | -137.2% |
| Operating MarginEBIT ÷ Revenue | +33.0% | -2.9% |
| Net MarginNet income ÷ Revenue | +30.7% | -3.2% |
| FCF MarginFCF ÷ Revenue | +30.8% | -105.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | +23.6% | -89.4% |
| EPS Growth (YoY)Latest quarter vs prior year | +65.1% | -2.1% |
Valuation Metrics
MAXN leads this category, winning 2 of 2 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $23.4B | $9M |
| Enterprise ValueMkt cap + debt − cash | $21.1B | $292M |
| Trailing P/EPrice ÷ TTM EPS | 15.34x | -0.01x |
| Forward P/EPrice ÷ next-FY EPS est. | 12.24x | — |
| PEG RatioP/E ÷ EPS growth rate | 0.50x | — |
| EV / EBITDAEnterprise value multiple | 9.54x | — |
| Price / SalesMarket cap ÷ Revenue | 4.49x | 0.02x |
| Price / BookPrice ÷ Book value/share | 2.46x | — |
| Price / FCFMarket cap ÷ FCF | 19.73x | — |
Profitability & Efficiency
FSLR leads this category, winning 6 of 7 comparable metrics.
Profitability & Efficiency
On the Piotroski fundamental quality scale (0–9), FSLR scores 7/9 vs MAXN's 3/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +18.0% | — |
| ROA (TTM)Return on assets | +12.6% | -190.0% |
| ROICReturn on invested capital | +17.6% | -3.5% |
| ROCEReturn on capital employed | +15.9% | -189.7% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 3 |
| Debt / EquityFinancial leverage | 0.05x | — |
| Net DebtTotal debt minus cash | -$2.3B | $283M |
| Cash & Equiv.Liquid assets | $2.8B | $29M |
| Total DebtShort + long-term debt | $499M | $311M |
| Interest CoverageEBIT ÷ Interest expense | 53.51x | -13.64x |
Total Returns (Dividends Reinvested)
FSLR leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in FSLR five years ago would be worth $29,607 today (with dividends reinvested), compared to $3 for MAXN. Over the past 12 months, FSLR leads with a +72.0% total return vs MAXN's -80.3%. The 3-year compound annual growth rate (CAGR) favors FSLR at 7.1% vs MAXN's -94.2% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -20.5% | -81.5% |
| 1-Year ReturnPast 12 months | +72.0% | -80.3% |
| 3-Year ReturnCumulative with dividends | +22.8% | -100.0% |
| 5-Year ReturnCumulative with dividends | +196.1% | -100.0% |
| 10-Year ReturnCumulative with dividends | +320.9% | -100.0% |
| CAGR (3Y)Annualised 3-year return | +7.1% | -94.2% |
Risk & Volatility
FSLR leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
FSLR is the less volatile stock with a 1.39 beta — it tends to amplify market swings less than MAXN's 2.08 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. FSLR currently trades 76.2% from its 52-week high vs MAXN's 11.1% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.39x | 2.08x |
| 52-Week HighHighest price in past year | $285.99 | $4.97 |
| 52-Week LowLowest price in past year | $125.80 | $0.54 |
| % of 52W HighCurrent price vs 52-week peak | +76.2% | +11.1% |
| RSI (14)Momentum oscillator 0–100 | 65.6 | 28.0 |
| Avg Volume (50D)Average daily shares traded | 2.2M | 2.4M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | — |
| Price TargetConsensus 12-month target | $264.13 | — |
| # AnalystsCovering analysts | 73 | — |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | 1 |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | +0.1% | 0.0% |
FSLR leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). MAXN leads in 1 (Valuation Metrics).
FSLR vs MAXN: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is FSLR or MAXN a better buy right now?
For growth investors, First Solar, Inc.
(FSLR) is the stronger pick with 24. 1% revenue growth year-over-year, versus -54. 7% for Maxeon Solar Technologies, Ltd. (MAXN). First Solar, Inc. (FSLR) offers the better valuation at 15. 3x trailing P/E (12. 2x forward), making it the more compelling value choice. Analysts rate First Solar, Inc. (FSLR) a "Buy" — based on 73 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — FSLR or MAXN?
Over the past 5 years, First Solar, Inc.
(FSLR) delivered a total return of +196. 1%, compared to -100. 0% for Maxeon Solar Technologies, Ltd. (MAXN). Over 10 years, the gap is even starker: FSLR returned +320. 9% versus MAXN's -100. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — FSLR or MAXN?
By beta (market sensitivity over 5 years), First Solar, Inc.
(FSLR) is the lower-risk stock at 1. 39β versus Maxeon Solar Technologies, Ltd. 's 2. 08β — meaning MAXN is approximately 49% more volatile than FSLR relative to the S&P 500.
04Which is growing faster — FSLR or MAXN?
By revenue growth (latest reported year), First Solar, Inc.
(FSLR) is pulling ahead at 24. 1% versus -54. 7% for Maxeon Solar Technologies, Ltd. (MAXN). On earnings-per-share growth, the picture is similar: First Solar, Inc. grew EPS 18. 2% year-over-year, compared to -1276. 5% for Maxeon Solar Technologies, Ltd.. Over a 3-year CAGR, FSLR leads at 25. 8% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — FSLR or MAXN?
First Solar, Inc.
(FSLR) is the more profitable company, earning 29. 3% net margin versus -120. 7% for Maxeon Solar Technologies, Ltd. — meaning it keeps 29. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: FSLR leads at 32. 3% versus -113. 3% for MAXN. At the gross margin level — before operating expenses — FSLR leads at 40. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Which pays a better dividend — FSLR or MAXN?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
07Is FSLR or MAXN better for a retirement portfolio?
For long-horizon retirement investors, First Solar, Inc.
(FSLR) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+320. 9% 10Y return). Maxeon Solar Technologies, Ltd. (MAXN) carries a higher beta of 2. 08 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (FSLR: +320. 9%, MAXN: -100. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
08What are the main differences between FSLR and MAXN?
Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: FSLR is a mid-cap high-growth stock; MAXN is a small-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.