Canadian Solar CSIQ
NASDAQ CSIQ
$13.03 -0.43 (-3.19%)
As of: Sep 10, 2026 · 3:59 PM EDT

Canadian Solar (CSIQ) Asset Utilization Ratio (2009 - 2026)

Canadian Solar's (CSIQ) quarterly Asset Utilization Ratio came in at 0.32 in Q2 2026, down 23.51% on a YoY basis from 0.41 in Q2 2025, and down 11.57% quarter-over-quarter from 0.36 in Q1 2026.

Analysis

Canadian Solar (CSIQ) Asset Utilization Ratio (2009 - 2026) Analysis & Trends

Canadian Solar (CSIQ) has reported Asset Utilization Ratio for 18 consecutive years, with 0.32 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Asset Utilization Ratio fell 23.51% year-over-year to 0.32; the trailing twelve-month figure through Jun 2026 stood at 0.32 (down 23.51% YoY), and the FY2025 full-year result was 0.39, down 17.31% from the prior year.
  • Asset Utilization Ratio fell to 0.32 in Q2 2026 per CSIQ's latest filing, from 0.36 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.84 in Q4 2022 and bottomed at 0.32 in Q2 2026.
  • Historically, Asset Utilization Ratio has averaged 0.58 across 5 years, with a median of 0.56 in 2024.
  • The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio gained 24.88% in 2022, then tumbled 32.81% in 2024.
  • Over 5 years, Asset Utilization Ratio stood at 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 retreated by 15.99% to 0.37 in 2025, then dropped by 14.51% to 0.32 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.32, 0.36, and 0.37 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 First Solar 22.26 Bn 20.53 Bn 605.00 Mn 0.40
2 Nextpower 12.25 Bn 11.04 Bn 335.85 Mn 0.87
3 Enphase Energy 4.86 Bn 3.93 Bn 175.01 Mn 0.47
4 Solaredge Technologies 2.25 Bn 1.67 Bn 95.15 Mn 0.56
5 T1 Energy 1.29 Bn 1.08 Bn 49.10 Mn 0.67
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 0.57
7 Canadian Solar 877.81 Mn -588.69 Mn 168.48 Mn 0.32
8 Array Technologies 700.09 Mn 392.79 Mn 99.60 Mn 0.79
9 JinkoSolar Holding 608.82 Mn -2.07 Bn 75.62 Mn 0.47
10 Toyo 131.54 Mn 21.49 Mn 36.97 Mn 0.79
Historic Data

Historic Data

Download Data
DateValue
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