Canadian Solar Inc. (CSIQ)
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No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 3,476 | 5,277 | 7,469 | 7,614 | 5,993 | 5,595 | 4,990 | 5,850 |
| Operating profit | $m | 43 | -28 | ||||||
| Net profit | $m | 147 | 95 | 240 | 274 | 36 | -104 | -186 | -142 |
| EPS reported | $ | -1.55 | -2.75 | ||||||
| Operating cashflow per share | $ | -3.75 | -10.35 | ||||||
| Capex per share | $ | 20.65 | 18.42 | ||||||
| FCF per share | $ | -24.41 | -28.77 | ||||||
| Free cash flow | $m | -1,644 | -1,579 | ||||||
| Net debt | $m | 5,413 | 5,485 | ||||||
| Book value equity | $m | 2,808 | 2,755 | ||||||
| Book value per share | $ | 41.68 | 40.57 | ||||||
| Number of shares | m | 67.37 | 67.91 | ||||||
| DPS (TTM paid) | $ | 0.00 | 0.00 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | - | - | ||||||
| P/B LTM | x | 0.57 | 0.58 | ||||||
| P/S LTM | x | 0.29 | 0.32 | ||||||
| P/FCF LTM | x | -0.97 | -1.01 | ||||||
| EV/EBITDA LTM | x | 12.44 | 87.21 | ||||||
| EV/Sales LTM | x | 1.32 | 1.35 | ||||||
| Earnings Yield LTM | % | -6.50% | -25.67% | ||||||
| FCF Yield | % | -102.68% | -98.63% | ||||||
| Quality | |||||||||
| ROE | % | -3.71% | -6.62% | ||||||
| ROIC | % | +0.34% | -0.22% | ||||||
| Operating margin | % | +0.77% | -0.55% | ||||||
| Gross margin | % | +18.34% | +16.43% | ||||||
| FCF/Sales | % | -29.39% | -31.65% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | - | - | ||||||
| Sales Growth YoY | % | -6.65% | -16.74% | ||||||
| Net Income Growth YoY | % | - | - | ||||||
| FCF Growth | % | - | - | ||||||
| Operating Profit Growth | % | - | - | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | 0.00% | 0.00% | ||||||
| Dividend Growth | % | - | - | ||||||
| Payout Ratio | % | 0.00% | 0.00% | ||||||
| FCF/Debt | x | -0.21 | -0.22 | ||||||
| Net Debt/EBITDA | x | 9.73 | 69.18 | ||||||
| EBIT/Net interest | x | 0.24 | -0.19 | ||||||
| Net debt/market cap | % | +4.57% | +7.74% | ||||||
| Net debt/Equity | x | 1.93 | 1.99 | ||||||
| Gross debt/equity | x | 2.73 | 2.65 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Canadian Solar Inc. and its affiliates operate globally, specializing in the design, development, production, and sale of solar energy components, including ingots, wafers, cells, and modules, alongside a range of solar power and battery storage solutions across Asia, the Americas, and Europe. The company's operations are structured into two main divisions: CSI Solar and Global Energy. The CSI Solar segment offers standard solar modules, comprehensive battery storage systems, and complete, ready-to-install solar kits that encompass inverters, racking systems, and other essential accessories. This division also provides engineering, procurement, and construction (EPC) services. Conversely, the Global Energy segment is involved in the entire lifecycle of solar and battery storage projects, from development and construction to ongoing maintenance and sale. It also manages the operation of solar power facilities and sells generated electricity. This segment further delivers extensive operation and maintenance (O&M) support, such as monitoring, inspections, equipment repair and replacement, site management, and administrative services for solar ventures, in addition to asset management. As of January 31, 2021, this division managed an operational fleet of solar power plants with an aggregate capacity of approximately 445 MWp. Canadian Solar serves a diverse clientele, including distributors, system integrators, project developers, and installation/EPC companies. Its products are primarily marketed under the Canadian Solar brand, with some sales also occurring on an OEM (Original Equipment Manufacturer) basis. Established in 2001, the company is headquartered in Guelph, Canada.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Canadian Solar Inc. and its affiliates operate globally, specializing in the design, development, production, and sale of solar energy components, including ingots, wafers, cells, and modules, alongside a range of solar power and battery storage solutions across Asia, the Americas, and Europe. The company's operations are structured into two main divisions: CSI Solar and Global Energy. The CSI Solar segment offers standard solar modules, comprehensive battery storage systems, and complete, ready-to-install solar kits that encompass inverters, racking systems, and other essential accessories. This division also provides engineering, procurement, and construction (EPC) services. Conversely, the Global Energy segment is involved in the entire lifecycle of solar and battery storage projects, from development and construction to ongoing maintenance and sale. It also manages the operation of solar power facilities and sells generated electricity. This segment further delivers extensive operation and maintenance (O&M) support, such as monitoring, inspections, equipment repair and replacement, site management, and administrative services for solar ventures, in addition to asset management. As of January 31, 2021, this division managed an operational fleet of solar power plants with an aggregate capacity of approximately 445 MWp. Canadian Solar serves a diverse clientele, including distributors, system integrators, project developers, and installation/EPC companies. Its products are primarily marketed under the Canadian Solar brand, with some sales also occurring on an OEM (Original Equipment Manufacturer) basis. Established in 2001, the company is headquartered in Guelph, Canada.
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