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| 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 |