Solar Industry Overview
The Solar industry, part of the Technology sector, includes 22 publicly traded companies with a combined market capitalization of $72.54B. The industry is led by First Solar, Inc. (FSLR), Nextpower Inc. (NXT), Enphase Energy, Inc. (ENPH).
Among the 22 listed Solar companies, market capitalizations range from $29.01B (First Solar, Inc.) down to $3.49B (Sunrun Inc.), highlighting the wide size disparity across the industry. The average market cap across the industry is $3.30B, reflecting a mix of established large-cap players and smaller growth-oriented companies.
Solar Industry Valuation
The Solar industry currently trades at an average price-to-earnings (P/E) ratio of 28.5. This elevated multiple indicates that investors are pricing in strong future earnings growth across Solar companies. Note that some companies in the industry report no P/E ratio, typically because they are currently unprofitable or in early growth stages.
Solar Dividend Profile
1 out of 22 Solar companies (5%) currently pay dividends to shareholders. The average dividend yield across dividend-paying Solar stocks is 5.63%. Most Solar companies reinvest earnings into growth rather than paying dividends, which is typical for earlier-stage or high-growth industries.
Largest Solar Companies by Market Cap
| Company | Ticker | Market Cap | P/E Ratio |
|---|---|---|---|
| First Solar, Inc. | FSLR | $29.01B | 17.4 |
| Nextpower Inc. | NXT | $19.86B | 34.0 |
| Enphase Energy, Inc. | ENPH | $8.82B | 66.2 |
| SolarEdge Technologies, Inc. | SEDG | $4.30B | N/A |
| Sunrun Inc. | RUN | $3.49B | 6.9 |
The table above shows the top 5 Solar companies ranked by market capitalization. P/E ratios reflect trailing twelve months earnings where available.
Frequently Asked Questions
What is the largest Solar company? The largest Solar company by market capitalization is First Solar, Inc. (FSLR), valued at $29.01B. Use the full listing below to explore all Solar companies and compare their financials.
How many Solar stocks are there? There are 22 publicly traded Solar companies listed on major US exchanges, ranging from First Solar, Inc. (FSLR) to Sunrun Inc. (RUN) by market capitalization. This directory spans 1 pages, with all companies sorted by market cap for easy comparison.
How many Solar stocks pay dividends? 1 of the 22 Solar companies (5%) currently distribute dividends. The average yield among payers is 5.63%. Dividend policies vary significantly across Solar companies — browse individual stock pages for the latest yield and payout details.
What is the average P/E ratio for Solar stocks? The average trailing P/E ratio for the Solar industry is 28.5x. Individual company valuations can vary widely — click through to any stock page for detailed valuation metrics.
Explore Solar Stocks on StockVS
StockVS provides detailed fundamental data, historical price charts, and side-by-side comparisons for all 22 Solar companies. Browse individual stock pages for in-depth analysis, or use our comparison tool to evaluate two Solar stocks head to head. All data is updated regularly to reflect the latest available financials.