Canadian Solar (CSIQ) Asset Utilization Ratio (2009 - 2025)
Canadian Solar (CSIQ) reported 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% quarter-over-quarter from 0.8 in Q3 2025.
Canadian Solar (CSIQ) has 17 years of Asset Utilization Ratio data on file, last reported at 0.74 in Q4 2025.
- For the quarter ending Q4 2025, Asset Utilization Ratio rose 67.76% year-over-year to 0.74; the trailing twelve-month figure through Dec 2025 stood at 0.74 (up 67.76% YoY), and the FY2025 full-year result was 0.39, down 17.31% from the prior year.
- Asset Utilization Ratio for Q4 2025 stood at 0.74, down from 0.8 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.84 in Q4 2022 and bottomed at 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.
- Across the five-year window, Asset Utilization Ratio plunged 32.81% in 2024 and jumped 67.76% in 2025, its largest moves.
- Tracing CSIQ's Asset Utilization Ratio over 5 years: 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn | 0.41 |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 0.90 |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 0.74 |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 0.45 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 0.52 |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 0.14 |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 0.55 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 0.82 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 0.51 |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 1.44 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2020 | 0.55 |
| Sep 30, 2020 | 0.59 |
| Jun 30, 2020 | 0.61 |
| Mar 31, 2020 | 0.66 |
| Dec 31, 2019 | 0.59 |
| Sep 30, 2019 | 0.62 |
| Jun 30, 2019 | 0.63 |
| Mar 31, 2019 | 0.56 |
| Dec 31, 2018 | 0.74 |
| Sep 30, 2018 | 0.76 |
| Jun 30, 2018 | 0.78 |
| Mar 31, 2018 | 0.74 |
| Dec 31, 2017 | 0.57 |
| Sep 30, 2017 | 0.50 |
| Jun 30, 2017 | 0.49 |
| Mar 31, 2017 | 0.52 |
| Dec 31, 2016 | 0.54 |
| Sep 30, 2016 | 0.65 |
| Jun 30, 2016 | 0.72 |
| Mar 31, 2016 | 0.72 |
| Dec 31, 2015 | 0.82 |
| Sep 30, 2015 | 0.85 |
| Jun 30, 2015 | 0.96 |
| Mar 31, 2015 | 1.05 |
| Dec 31, 2014 | 0.99 |
| Sep 30, 2014 | 0.86 |
| Jun 30, 2014 | 0.72 |
| Mar 31, 2014 | 1.33 |
| Dec 31, 2013 | 1.35 |
| Sep 30, 2013 | 0.61 |
| Jun 30, 2013 | 0.55 |
| Mar 31, 2013 | 0.54 |
| Dec 31, 2012 | 0.57 |
| Sep 30, 2012 | 0.63 |
| Jun 30, 2012 | 0.76 |
| Mar 31, 2012 | 0.92 |
| Dec 31, 2011 | 0.96 |
| Sep 30, 2011 | 0.88 |
| Jun 30, 2011 | 1.05 |
| Mar 31, 2011 | 1.21 |
| Jun 30, 2010 | 1.19 |
| Mar 31, 2010 | 1.15 |
| Dec 31, 2009 | 1.01 |
| Sep 30, 2009 | 0.52 |
| Jun 30, 2009 | 0.68 |
| Mar 31, 2009 | 0.95 |