FSLR vs MU

First Solar (FSLR) and Micron Technology (MU) compared side by side. Micron Technology (MU) is larger, with a market cap of $992.9B versus $18.5B for First Solar, about 53.7 times the size. On trailing earnings, FSLR is cheaper at 10.6x versus 11.8x for MU.

Head to head

MetricFSLRMU
Market cap$18.5B$992.9B
P/E (TTM)10.6x11.8x
Forward P/E7.3x4.2x
Revenue (TTM)$5.4B$133.2B
Revenue growth-3.7%379.3%
Gross margin44.0%80.7%
Operating margin42.6%80.7%
Free cash flow$1.5B$59.0B
Dividend yieldNone0.07%
1-year return-24.9%+325.0%
5-year return (annual)+10.1%+67.8%
Max drawdown-96%-98%
FI Handbook gradeB-B+

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

$0
$100.0K
20222023202420252026
FSLRMU

FSLR vs MU FAQ

Which is bigger, FSLR or MU?

Micron Technology (MU) is larger, with a market cap of $992.9B versus $18.5B for First Solar, about 53.7 times the size.

Is FSLR or MU cheaper?

On trailing earnings, FSLR is cheaper at 10.6x versus 11.8x for MU. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, FSLR or MU?

MU returned +325.0% over the past year including dividends, versus -24.9% for FSLR, through October 23, 2026.

Which pays a higher dividend, FSLR or MU?

MU yields 0.07%; FSLR does not pay a dividend.

Full pages: First Solar · Micron Technology