Canadian Solar (CSIQ) Asset Utilization Ratio (2009 - 2025)

Canadian Solar (CSIQ) posted quarterly Asset Utilization Ratio of 0.74 for Q4 2025, up 67.76% year-on-year from 0.44 in Q4 2024, and down 7.4% on a QoQ basis from 0.8 in Q3 2025.

Canadian Solar (CSIQ) Asset Utilization Ratio (2009 - 2025) Analysis & Trends

Canadian Solar (CSIQ) has reported Asset Utilization Ratio for 17 consecutive years, with 0.74 the latest figure, recorded in Q4 2025.

  • Quarterly Asset Utilization Ratio rose 67.76% year-over-year to 0.74 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.74 (up 67.76% YoY) and the FY2025 annual result came in at 0.39, down 17.31% from the prior year.
  • Asset Utilization Ratio slipped to 0.74 in Q4 2025 per CSIQ's latest filing, from 0.8 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for CSIQ reached as high as 0.84 in Q4 2022 and fell as low as 0.41 in Q2 2025.
  • A 5-year average of 0.65 and a median of 0.68 in 2021 frame the typical range for Asset Utilization Ratio.
  • Annual changes were most pronounced in 2024 — Asset Utilization Ratio sank 32.81% — and 2025, when it surged 67.76%.
  • Year by year, Asset Utilization Ratio stood at 0.71 in 2021, then advanced by 18.91% to 0.84 in 2022, then fell by 22.55% to 0.65 in 2023, then plunged by 32.81% to 0.44 in 2024, then surged by 67.76% to 0.74 in 2025.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.74, 0.8, and 0.41 for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 0.41
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 0.90
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 0.45
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 0.51
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 0.52
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 0.14
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 0.55
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 0.74
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 0.82
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.74
Sep 30, 2025 0.80
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
Jun 30, 2021 0.65
Mar 31, 2021 0.56