Canadian Solar (CSIQ) Asset Utilization Ratio (2009 - 2025)
Canadian Solar's (CSIQ) quarterly Asset Utilization Ratio came in at 0.74 in Q4 2025, up 67.76% YoY 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 17 years of Asset Utilization Ratio data on file, last reported at 0.74 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 declined to 0.74 in Q4 2025, from 0.8 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.84 in Q4 2022 to a low of 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 increased by 18.91% to 0.84 in 2022, then slipped by 22.55% to 0.65 in 2023, then tumbled by 32.81% to 0.44 in 2024, then surged by 67.76% to 0.74 in 2025.
- The last three Asset Utilization Ratio figures came in at 0.74 (Q4 2025), 0.8 (Q3 2025), and 0.41 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 0.40 |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 0.87 |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 0.47 |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 0.15 |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 0.56 |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 0.57 |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 0.74 |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | 0.51 |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 0.79 |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn | - |
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 |