Canadian Solar (CSIQ) Asset Utilization Ratio (2009 - 2026)
Canadian Solar's (CSIQ) Asset Utilization Ratio came in at 0.32 for Q2 2026, down 23.5% from 0.41 a year earlier and down 11.6% from the prior quarter.
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Analysis
Canadian Solar (CSIQ) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2025, Canadian Solar's Asset Utilization Ratio stood at 0.39, down 17.3% from FY2024.
- Annual Asset Utilization Ratio has declined for three consecutive years.
- In prior years, Canadian Solar's Asset Utilization Ratio was 0.47 in FY2024 (-35.1%), 0.73 in FY2023 (-20.0%), 0.91 in FY2022 (+20.0%) and 0.76 in FY2021 (+30.9%).
- The Q2 2026 figure stands as the lowest quarterly Asset Utilization Ratio in data going back to Q1 2009.
- On a year-over-year basis, Asset Utilization Ratio has declined in each of the last 12 quarters, with an average decline of 23.6% over the last eight quarters.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was Q4 2021, with growth of 29.9%; the weakest was Q4 2024, with a decline of 32.8%.
- According to Business Quant data, Asset Utilization Ratio for the three prior quarters was 0.36 (Q1 2026), 0.37 (Q4 2025) and 0.39 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 0.53 |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 0.60 |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 0.40 |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 0.80 |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 0.78 |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 0.87 |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 0.95 |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 0.47 |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 0.29 |
| 10 | Canadian Solar | 781.17 Mn | -5.03 Bn | 168.48 Mn | 0.32 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.32 |
| Mar 31, 2026 | 0.36 |
| Dec 31, 2025 | 0.37 |
| Sep 30, 2025 | 0.39 |
| Jun 30, 2025 | 0.41 |
| Mar 31, 2025 | 0.43 |
| Dec 31, 2024 | 0.44 |
| Sep 30, 2024 | 0.48 |
| Jun 30, 2024 | 0.53 |
| Mar 31, 2024 | 0.60 |
| Dec 31, 2023 | 0.65 |
| Sep 30, 2023 | 0.70 |
| Jun 30, 2023 | 0.76 |
| Mar 31, 2023 | 0.84 |
| Dec 31, 2022 | 0.84 |
| Sep 30, 2022 | 0.82 |
| Jun 30, 2022 | 0.75 |
| Mar 31, 2022 | 0.69 |
| Dec 31, 2021 | 0.71 |
| Sep 30, 2021 | 0.66 |
API Access
Canadian Solar Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=CSIQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "CSIQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=CSIQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();