Canadian Solar/$CSIQ
1D1W1MYTD1Y5YMAX
Capital at risk
About Canadian Solar
Canadian Solar Inc is a Canadian solar technology and renewable energy company. It is a manufacturer of solar photovoltaic modules, a provider of battery energy storage solutions, and a developer of utility-scale solar power and battery energy storage projects. The company is organized in two segments: Manufacturing segment, comprising CS PowerTech, which focuses on manufacturing and sales of solar products, battery energy storage products, and other power technology products for the U.S. market and CSI Solar, which serves all other world-wide markets; and Recurrent Energy segment, which focuses on solar power and battery storage project development, asset sales, power services, and electricity revenue from its operating portfolio. It derives maximum revenue from Manufacturing segment.
- Ticker
- $CSIQ
- Sector
- Semiconductors
- Primary listing
- NASDAQ
- Employees
- 12,587
- Headquarters
- Kitchener, Canada
- Website
- www.canadiansolar.com
Canadian Solar Metrics
BasicAdvanced
$707M
-
-$3.84
1.54
-
Price and volume
Market cap
$707M
Beta
1.54
52-week high
$34.59
52-week low
$10.34
Average daily volume
2M
Financial strength
Current ratio
1.025
Quick ratio
0.426
Long term debt to equity
0.938
Total debt to equity
1.723
Interest coverage (TTM)
0.49%
Profitability
EBITDA (TTM)
626.926
Gross margin (TTM)
17.64%
Net profit margin (TTM)
-3.73%
Operating margin (TTM)
2.06%
Effective tax rate (TTM)
-16.86%
Revenue per employee (TTM)
$400,000
Management effectiveness
Return on assets (TTM)
0.42%
Return on equity (TTM)
-5.97%
Valuation
Price to revenue (TTM)
0.142
Price to book
0.26
Price to tangible book (TTM)
0.26
Price to free cash flow (TTM)
-0.45
Free cash flow yield (TTM)
-222.05%
Free cash flow per share (TTM)
-23.138
Growth
Revenue change (TTM)
-15.70%
Earnings per share change (TTM)
771.10%
3-year revenue growth (CAGR)
-14.45%
10-year revenue growth (CAGR)
3.62%
3-year earnings per share growth (CAGR)
-12.93%
10-year earnings per share growth (CAGR)
3.82%
What the Analysts think about Canadian Solar
Analyst ratings (Buy, Hold, Sell) for Canadian Solar stock.
Analyst projections of the future price of Canadian Solar stock.
Bulls say / Bears say
Battery storage is becoming a stronger growth engine: Q2 shipments rose 73% year on year to 3.7 GWh, above guidance, while e-STORAGE ended the quarter with a $3.5 billion contracted backlog. This gives Canadian Solar better exposure to a faster-growing and potentially less commoditised market than solar modules. (Canadian Solar, Energy-Storage.News)
The new Indiana HJT cell plant and the expanded Texas module plant should give Canadian Solar a more integrated US supply chain. Domestic production can reduce reliance on imported cells and help the company capture available US manufacturing incentives as trade barriers make imports less attractive. (Reuters, Canadian Solar)
Recurrent Energy continues to attract project finance: it closed $695 million of debt financing and tax equity for the 330 MW Cobalt Solar project in California. That financing supports construction and provides evidence that lenders and tax-equity investors still back the platform's US development pipeline. (Recurrent Energy, Canadian Solar)
Growth is not yet translating into dependable profits. Q2 revenue fell 29% year on year, gross margin dropped to 13.9% from 29.8%, and Canadian Solar reported a $77 million net loss as freight and US factory ramp-up costs weighed on results. (Canadian Solar, Energy-Storage.News)
The expansion is putting pressure on the balance sheet and cash conversion. Total debt rose to $7.1 billion by the end of Q2, while operating cash flow was negative $181 million, leaving the company reliant on project financing and timely asset sales. (Canadian Solar, The Motley Fool)
Recurrent Energy faces a difficult monetisation test. Reports say it has lost access to some US clean-energy tax credits and is seeking asset sales to reduce leverage, while some project sales have already been delayed; weaker tax economics or further delays could restrict cash generation. (Financial Post, Canadian Solar)
Data summarised monthly by Lightyear AI. Last updated on 16 Sept 2026.
Canadian Solar Financial Performance
Revenues and expenses
Canadian Solar Earnings Performance
Company profitability
Upcoming events
No upcoming events
Canadian Solar News
AllArticlesVideos
Funds containing Canadian Solar
AllUSDGBPEUR
Fund name | Fund size | $CSIQ weighting |
|---|---|---|
L&G Battery Value-Chain$BATT | $818M | 1.96% |
L&G Battery Value-Chain£BATG | £604M | 1.96% |
iShares Global Clean Energy€IQQH | €2.7B | 0.48% |
iShares Global Clean Energy£INRG | £2.3B | 0.48% |
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 0.02% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.