ADI vs. FSLR: Analog Devices vs. First Solar Stock Comparison
How do Analog Devices (ADI) and First Solar (FSLR) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Analog Devices (ADI) and First Solar (FSLR) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.
| Profile Item | ADI | FSLR |
|---|---|---|
| Name | Analog Devices, Inc. | First Solar Inc. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Industry | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Semiconductors | Semiconductors |
| Market Capitalization | 176.17 billion USD | 21.62 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | March 17, 1980 | November 17, 2006 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ADI | FSLR |
|---|---|---|
| Total Return (1Y) | 71.72% | -28.81% |
| Total Return (3Y, Annualized) | 34.43% | 12.86% |
| Total Return (5Y, Annualized) | 17.89% | 10.80% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ADI | FSLR |
|---|---|---|
| Volatility (1Y, Annualized) | 38.89% | 52.55% |
| Beta (5Y) | 1.26 | 1.67 |
| Max Drawdown (5Y) | -32.20% | -59.97% |
| Avg. Volume (3M) | 3.74M | 2.40M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ADI | FSLR |
|---|---|---|
| Sharpe Ratio (1Y) | 1.73 | -0.63 |
| Sortino Ratio (1Y) | 2.56 | -0.85 |
Profitability
ROE (TTM)
Both Analog Devices (ADI) at 12.23% and First Solar (FSLR) at 18.71% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
ADI
Semiconductors & Semiconductor Equipment industry group
12.23%
- Max
- 52.82%
- Q3
- 22.26%
- ADI
- 12.23%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
FSLR
Semiconductors & Semiconductor Equipment industry group
18.71%
- Max
- 52.82%
- Q3
- 22.26%
- FSLR
- 18.71%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
Net Margin (TTM)
For every dollar of sales, both Analog Devices (ADI) at 29.79% and First Solar (FSLR) at 37.12% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
ADI
Semiconductors & Semiconductor Equipment industry group
29.79%
- Max
- 63.80%
- ADI
- 29.79%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
FSLR
Semiconductors & Semiconductor Equipment industry group
37.12%
- Max
- 63.80%
- FSLR
- 37.12%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
Both Analog Devices (ADI) at 39.50% and First Solar (FSLR) at 44.37% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
ADI
Semiconductors & Semiconductor Equipment industry group
39.50%
- Max
- 58.66%
- ADI
- 39.50%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
FSLR
Semiconductors & Semiconductor Equipment industry group
44.37%
- Max
- 58.66%
- FSLR
- 44.37%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | ADI | FSLR |
|---|---|---|
| ROE (TTM) | 12.23% | 18.71% |
| ROA (TTM) | 6.41% | 8.60% |
| Net Margin (TTM) | 29.79% | 37.12% |
| Operating Margin (TTM) | 39.50% | 44.37% |
| Gross Margin (TTM) | 65.80% | 49.25% |
Growth
Revenue Growth
Both Analog Devices (ADI) at 16.89% and First Solar (FSLR) at 24.09% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Analog Devices (ADI) at 39.02% sits in the top EPS growth quartile, while First Solar (FSLR) at 18.22% is closer to the peer norm — faster per-share earnings growth for ADI.
Growth Metrics
| Metric | ADI | FSLR |
|---|---|---|
| Revenue Growth (YoY) | 16.89% | 24.09% |
| Revenue Growth (3Y CAGR) | -2.84% | 25.84% |
| EPS Growth (YoY) | 39.02% | 18.22% |
| EPS Growth (3Y CAGR) | -4.59% | -- |
Financial Strength
Current Ratio (MRQ)
First Solar (FSLR) at 2.57 keeps current ratio within its industry’s typical mid-range, while Analog Devices (ADI) at 1.25 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ADI.
ADI
Semiconductors & Semiconductor Equipment industry group
1.25
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- ADI
- 1.25
- Min
- 1.03
FSLR
Semiconductors & Semiconductor Equipment industry group
2.57
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- FSLR
- 2.57
- Q1
- 2.35
- Min
- 1.03
Debt / Equity (MRQ)
First Solar (FSLR) at 0.03 keeps leverage in the lower industry quartile, while Analog Devices (ADI) at 0.27 runs a more typical debt-to-equity mix.
ADI
Semiconductors & Semiconductor Equipment industry group
0.27
- Max
- 1.46
- Q3
- 0.65
- ADI
- 0.27
- Median
- 0.27
- Q1
- 0.04
- Min
- 0.00
FSLR
Semiconductors & Semiconductor Equipment industry group
0.03
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- Q1
- 0.04
- FSLR
- 0.03
- Min
- 0.00
Financial Strength Metrics
| Metric | ADI | FSLR |
|---|---|---|
| Current Ratio (MRQ) | 1.25 | 2.57 |
| Debt / Equity (MRQ) | 0.27 | 0.03 |
| Net Debt / EBITDA | 0.99 | -0.52 |
Dividends
Dividend Yield (TTM)
First Solar (FSLR) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Analog Devices (ADI) reports a yield of 1.19%, ranking against industry peers normally.
ADI
Semiconductors & Semiconductor Equipment industry group
1.19%
- Max
- 1.37%
- ADI
- 1.19%
- Q3
- 0.65%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
FSLR
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 1.37%
- Q3
- 0.65%
- FSLR
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
First Solar (FSLR) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Analog Devices (ADI) reports a payout of 49.64%, ranking against industry peers normally.
ADI
Semiconductors & Semiconductor Equipment industry group
49.64%
- ADI
- 49.64%
- Max
- 49.64%
- Q3
- 21.71%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
FSLR
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 49.64%
- Q3
- 21.71%
- FSLR
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ADI | FSLR |
|---|---|---|
| Dividend Yield (TTM) | 1.19% | 0.00% |
| Dividend Payout Ratio (TTM) | 49.64% | 0.00% |
Valuation
P/E Ratio (TTM)
First Solar (FSLR) at 11.63 sits in the cheaper P/E ratio quartile, while Analog Devices (ADI) at 43.18 is closer to its industry’s usual earnings multiple — a discount for FSLR, though growth and earnings durability still matter.
ADI
Semiconductors & Semiconductor Equipment industry group
43.18
- Max
- 110.34
- Q3
- 66.81
- ADI
- 43.18
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
FSLR
Semiconductors & Semiconductor Equipment industry group
11.63
- Max
- 110.34
- Q3
- 66.81
- Median
- 37.02
- Q1
- 23.96
- FSLR
- 11.63
- Min
- 8.12
P/S Ratio (TTM)
First Solar (FSLR) at 4.31 is priced about in line with its industry on P/S ratio, while Analog Devices (ADI) at 12.69 sits in the pricier quartile — ADI costs more per dollar of sales.
ADI
Semiconductors & Semiconductor Equipment industry group
12.69
- Max
- 21.42
- ADI
- 12.69
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
FSLR
Semiconductors & Semiconductor Equipment industry group
4.31
- Max
- 21.42
- Q3
- 12.27
- Median
- 5.76
- FSLR
- 4.31
- Q1
- 2.73
- Min
- 0.00
P/B Ratio (MRQ)
First Solar (FSLR) at 1.99 sits in the lower P/B ratio quartile against book while Analog Devices (ADI) at 5.25 is valued near its industry’s middle — FSLR is cheaper on assets, though weigh it against ROE and asset quality.
ADI
Semiconductors & Semiconductor Equipment industry group
5.25
- Max
- 14.06
- Q3
- 7.44
- ADI
- 5.25
- Median
- 4.29
- Q1
- 2.30
- Min
- 0.20
FSLR
Semiconductors & Semiconductor Equipment industry group
1.99
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- Q1
- 2.30
- FSLR
- 1.99
- Min
- 0.20
Valuation Metrics
| Metric | ADI | FSLR |
|---|---|---|
| P/E Ratio (TTM) | 43.18 | 11.63 |
| P/S Ratio (TTM) | 12.69 | 4.31 |
| P/B Ratio (MRQ) | 5.25 | 1.99 |
| Free Cash Flow Yield (TTM) | 2.35% | 3.18% |