CSIQ vs NXT Stock Comparison

Canadian Solar and Nextpower Prices as of Oct 23, 2026 Peers: Industry group
CSIQ Canadian Solar Inc.
$9.23 -18.6% 1M -34.8% 1Y
Market cap
$596.89M
P/E
–
Revenue (TTM)
$4.99B
Div. yield
–
Solar Equipment Industrials
NXT Nextpower Inc.
$78.89 -3.6% 1M -12.7% 1Y
Market cap
$11.54B
P/E
19.4x
Revenue (TTM)
$3.63B
Div. yield
–
Solar Equipment Industrials
6 wins

Head to Head

6 decided of 12

Nextpower leads on 6 of the 12 questions below (Nextpower 6). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCSIQNXTLeader
Larger companyMarket capitalisation $596.89M $11.54B NXT
Cheaper on earningsLower P/E, profitable companies only -2.5x 19.4x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 18.1x –
Faster revenue growthRevenue growth, trailing twelve months -15.7% +17.0% NXT
More profitableNet margin, trailing twelve months -4.9% 16.4% NXT
Better return on capitalReturn on invested capital -0.2% — –
Less leveragedLower net debt / EBITDA — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -34.8% -12.7% NXT
Better 5-year returnAnnualised price return, 5 years -24.5%/yr — –
Less volatileAnnualised volatility, 1 year 92.1% 66.3% NXT
Higher overall scoreMean of the five percentile scores vs peers 45/100 79/100 NXT

Percentile Scorecard

CSIQNXT

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCSIQNXT
Valuation 85 #10 of 61 87 #9 of 61
Growth 12 #51 of 58 79 #13 of 58
Profitability 63 #21 of 55 98 #2 of 55
Financial Health 20 #57 of 71 77 #17 of 71
Shareholder Returns – 53 #15 of 31
Overall 45 79
  • CSIQ ranked among 71 companies in Clean Energy Equipment
  • NXT ranked among 71 companies in Clean Energy Equipment

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCSIQNXTSPY
1 month -18.6%-3.6% -1.0%
3 months -30.9%-21.1% +2.9%
6 months -34.6%-35.0% +6.4%
Year to date -61.2%-9.4% +11.4%
1 year -34.8%-12.7% +13.1%
3 years -56.0%+110.8% +79.4%
3 years, per year -23.9%+28.2% +21.5%
5 years -75.4%— +67.7%
5 years, per year -24.5%— +10.9%
10 years -41.4%— +255.2%
10 years, per year -5.2%— +13.5%

Risk

MeasureCSIQNXTSPY
Volatility, 1Y 92.1%66.3% 12.7%
Downside volatility, 1Y 99.6%66.7% 12.7%
Beta vs S&P 500, 1Y 2.682.75 1.00
Return / volatility, 1Y -0.38-0.19 1.03
Max drawdown, 5Y -85.6%-50.4% -25.4%
From 52-week high -72.5%-49.6% -2.5%
52-week high $33.58$156.40 $779.14
52-week low $9.22$77.63 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCSIQNXT
P/E now vs peer median -2.6xmedian 24.1x 20.0xmedian 24.1x
P/S now vs peer median 0.1xmedian 2.2x 3.3xmedian 2.2x
EV/EBITDA now vs peer median —median 17.4x 14.6xmedian 17.4x
P/FCF now vs peer median 2.0xmedian 27.4x 21.8xmedian 27.4x
P/B now vs peer median 0.2xmedian 1.8x 4.7xmedian 1.8x
PEG now vs peer median 0.07median 0.76 0.10median 0.76

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCSIQNXT
Revenue $4.99B $3.63B
Gross profit $820.00M $1.21B
Operating income -$27.67M $701.94M
Net income -$251.16M $594.06M
Free cash flow $311.68M $548.73M
R&D $83.20M $143.86M
EPS (diluted) $-3.60 $3.83
Cash & equivalents $1.46B $1.21B
Total debt $24.65B –
Shares (diluted) 67.37M 155.14M
Enterprise value -$5.44B $7.43B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCSIQNXT
P/E -2.6x 20.0x
P/FCF 2.0x 21.8x
P/Operating cash flow -1.1x 19.9x
P/S 0.1x 3.3x
P/B 0.2x 4.7x
P/Tangible book 0.2x 4.8x
EV/EBITDA – 14.6x
EV/EBIT -200.4x 15.3x
EV/Revenue 1.1x 3.0x
EV/FCF 17.8x 19.6x
EV/Operating cash flow -9.8x 17.8x
PEG (3Y EPS CAGR) 0.07 0.10

Growth

14 metrics
MetricCSIQNXT
Revenue growth (1Y) -15.7% 17.0%
Revenue CAGR (3Y) -14.4% 22.4%
Gross profit growth (1Y) -26.1% 15.3%
Gross profit CAGR (3Y) -17.7% 51.3%
Operating income growth (1Y) 48.9% 5.5%
Operating income CAGR (3Y) -27.0% 48.9%
Net income growth (1Y) -44.9% 8.1%
Net income CAGR (3Y) -35.7% 54.6%
EPS growth (1Y) -9.9% 6.1%
EPS CAGR (3Y) -36.0% 196.5%
Operating cash flow growth (1Y) -135.9% -2.2%
Operating cash flow CAGR (3Y) -39.4% 22.2%
Free cash flow growth (1Y) -51.2% -4.4%
Free cash flow CAGR (3Y) -43.3% 18.8%

Profitability

14 metrics
MetricCSIQNXT
Gross margin 16.4% 33.4%
EBITDA margin – 20.3%
Operating margin -0.6% 19.3%
Pretax margin -3.7% 19.9%
Net margin -4.9% 16.4%
FCF margin 6.2% 15.1%
Operating cash flow margin -11.4% 16.6%
Return on equity -6.3% 24.3%
Return on assets -1.6% 14.3%
Return on invested capital -0.2% –
Return on capital employed -0.3% 23.1%
Asset turnover 0.3x 0.9x
Cash conversion (OCF / net income) 2.3x 1.0x
Stock comp / revenue – –

Financial Health

11 metrics
MetricCSIQNXT
Debt / assets 39.6% –
Debt / equity 1.6x –
Net debt / EBITDA – –
Debt / FCF 20.5x –
Liabilities / assets 75.6% 40.0%
Equity / assets 24.4% 60.0%
Interest coverage -0.1x –
Current ratio 1.0x 2.7x
Quick ratio 0.4x 2.0x
Cash ratio 0.2x 1.1x
Altman Z-score 0.47 5.55

Shareholder Returns

7 metrics
MetricCSIQNXT
Dividend yield – –
Net buyback yield – -0.2%
Shareholder yield – -0.2%
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCSIQNXT
Forward P/E – 18.1xFY2026
EPS, next fiscal year $-2.62FY2026 $4.35FY2026
EPS growth, next FY – -3.3%FY2026
EPS growth, the year after – +38.6%
Revenue, next fiscal year $5.88BFY2026 $4.11BFY2026
Revenue growth, next FY +5.0%FY2026 +15.4%FY2026
Revenue growth, the year after +21.9% +29.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCSIQNXT
Held by institutions 60.5% 100.0%
Institutions holding 156 723
Change in shares held, QoQ +23.0% +9.7%
Institutions buying 98 368
Institutions selling 32 249
Buyers to sellers 3.06 1.48

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CSIQNXT
CSIQ 1.00 0.41
NXT 0.41 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, CSIQ and NXT?

Nextpower (NXT) is the largest by market capitalisation: Canadian Solar (CSIQ) $596.89M, Nextpower (NXT) $11.54B.

Which company is growing faster?

Nextpower (NXT) grew revenue fastest over the trailing twelve months: Canadian Solar (CSIQ) -15.7%, Nextpower (NXT) +17.0%.

Which company is more profitable?

Nextpower (NXT) has the highest net margin (Canadian Solar (CSIQ) -4.9%, Nextpower (NXT) 16.4%).

Which stock has performed better?

Over the past year Nextpower (NXT) returned the most: Canadian Solar (CSIQ) -34.8%, Nextpower (NXT) -12.7%. Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Nextpower (NXT) has been the steadiest (Canadian Solar (CSIQ) 92.1%, Nextpower (NXT) 66.3%). Volatility measures how widely the price swings, not the risk of the business.

Do CSIQ and NXT move together?

Their daily returns over the past year have a correlation of 0.41, a moderate positive relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, CSIQ and NXT?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Nextpower (NXT) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.