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

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

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

Canadian Solar has disclosed Asset Utilization Ratio across 17 years of filings, most recently posting 0.74 for 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, from 0.8 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 0.84 in Q4 2022 and troughed 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.
  • Annual changes were most pronounced in 2024 — Asset Utilization Ratio slumped 32.81% — and 2025, when it jumped 67.76%.
  • Tracing CSIQ's Asset Utilization Ratio over 5 years: stood at 0.71 in 2021, then gained by 18.91% to 0.84 in 2022, then declined by 22.55% to 0.65 in 2023, then sank by 32.81% to 0.44 in 2024, then jumped by 67.76% to 0.74 in 2025.
  • Business Quant data shows CSIQ's Asset Utilization Ratio at 0.74 in Q4 2025, 0.8 in Q3 2025, and 0.41 in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 0.41
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 0.90
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 0.45
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 0.52
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 0.14
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 0.55
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 0.82
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 0.51
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 1.44
10 Canadian Solar 41,875.00 578.43 Mn 124.40 Mn 0.74

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