FIRST SOLAR, INC. Annual Operating Margin in % from 2016 to 2024

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
First Solar, Inc. quarterly/annual Operating Margin history and growth rate from 2016 to 2024.
  • First Solar, Inc. Operating Margin for the quarter ending December 31, 2024 was 33.2 %, a 28.3% increase year-over-year.
  • First Solar, Inc. annual Operating Margin for 2024 was 33.2 %, a 28.3% increase from 2023.
  • First Solar, Inc. annual Operating Margin for 2023 was 25.8 %.
  • First Solar, Inc. annual Operating Margin for 2022 was -1.04 %, a 105% decline from 2021.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2024 33.2 +7.32 +28.3% Jan 1, 2024 Dec 31, 2024
2023 25.8 +26.9 Jan 1, 2023 Dec 31, 2023
2022 -1.04 -21.1 -105% Jan 1, 2022 Dec 31, 2022
2021 20.1 +8.36 +71.4% Jan 1, 2021 Dec 31, 2021
2020 11.7 +17 Jan 1, 2020 Dec 31, 2020
2019 -5.28 -7.07 -396% Jan 1, 2019 Dec 31, 2019
2018 1.79 -4.26 -70.5% Jan 1, 2018 Dec 31, 2018
2017 6.05 +25.6 Jan 1, 2017 Dec 31, 2017
2016 -19.6 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.