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FTC Solar, Inc. FTCI

Nasdaq · stock · Semiconductors & Related Devices · website · IPO 2021-04-28 · LEI

FTC Solar, Inc. statistics & valuation

Market cap$76.7M
P / S0.8×
Net margin-79.8%
FCF margin-34.7%
Net cash$11.2M
Enterprise value USD$65.5M
Earnings yield EBIT/EV-54.1%
Return on capital-81.3%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
-8.50% -39.40% -80.90% -39.60% -102.60% -79.80% 202020212022202320242025
Gross margin (%)
1.90% -12.00% -22.10% 6.50% -26.60% -0.90% 202020212022202320242025
Operating margin (%)
-9.00% -46.90% -80.90% -40.00% -111.60% -35.50% 202020212022202320242025
Return on equity (%)
-213.70% -74.60% -149.90% -80.50% -255.30% 202020212022202320242025
Shares outstanding
68.8M 92.6M 105.0M 12.5M 12.9M 15.5M 202020212022202320242025
Net debt ($)
-$31.6M -$102.2M -$25.2M -$1.8M -$11.2M 202020212022202320242025
Share buybacks ($)
202020212022202320242025
Return on assets (%)
-22.30% -43.90% -74.10% -40.90% -54.00% -71.20% 202020212022202320242025
Free cash flow margin (%)
0.20% -49.50% -45.10% -42.10% -76.70% -34.70% 202020212022202320242025
Debt / equity (×)
0.11× 0.00× 0.00× 0.50× 202020212022202320242025
EPS ($)
-$0.23 -$1.24 -$0.98 -$4.35 -$3.83 -$5.68 202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020
Gross margin-0.9%-26.6%6.5%-22.1%-12.0%1.9%
Operating margin-35.5%-111.6%-40.0%-80.9%-46.9%-9.0%
Net margin-79.8%-102.6%-39.6%-80.9%-39.4%-8.5%
FCF margin-34.7%-76.7%-42.1%-45.1%-49.5%0.2%
Return on assets-71.2%-54.0%-40.9%-74.1%-43.9%-22.3%
Return on equity185.2%-255.3%-80.5%-149.9%-74.6%-213.7%
Debt / equity-0.23×0.50×0.00×—0.00×0.11×
Current ratio1.431.551.981.972.531.10

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.