Industry

Solar stocks

8 Solar companies have a page on Investingly, worth $42.7B together. The largest is First Solar (FSLR) at $19.0B.

The median company trades at 16.7 times earnings, keeps 8.7% of revenue as operating profit and grew revenue 2.2% over the last year.

TOYO Co. grew revenue fastest (+142%); First Solar has the widest operating margin (34%); 1 of them pay a dividend.

Companies8
Total market cap$42.7B
Median P/E16.7x
Median operating margin8.7%
Median revenue growth+2.2%

Solar companies, largest first

#CompanyMarket capP/EP/FCFRevenue growthOperating marginROEDividend yield
1 First Solar IncFSLR $19.0B11.4x16.0x-3.7%33.6%16.9%—
2 Nextracker Inc. Class A Common StockNXT $12.8B22.1x25.0x+8.2%19.3%23.2%—
3 Enphase Energy IncENPH $6.4B48.2x66.9x-20.6%6.9%12.2%—
4 Sunrun IncRUN $1.7B3.27x—+52.8%2.7%11.6%—
5 Shoals Technologies Group IncSHLS $1.5B44.5x—+47.4%10.6%5.2%—
6 Canadian Solar IncCSIQ $727M——-6.7%0.77%-3.7%—
7 JinkoSolar Holding Company LimitedJKS $408M——-29.0%-13.6%-44.5%—
8 TOYO Co., Ltd Ordinary SharesTOYO $191M3.85x4.64x+141.5%13.8%35.6%—

Medians use companies with a value for that measure; P/E only counts companies with positive earnings. Every company links to its page with the reverse DCF, insider buying and 13F holders.

Questions

What are the largest Solar stocks?

By market value: First Solar (FSLR), Nextracker (NXT), Enphase Energy (ENPH), Sunrun (RUN), Shoals Technologies (SHLS).

What is the average P/E ratio of Solar stocks?

The median Solar company on Investingly trades at 16.7 times trailing earnings (companies with positive earnings only).

How many Solar stocks pay a dividend?

1 of 8.

Prices and ratios as of Oct 11, 2026. Statements from SEC filings. Information only, not investment advice.