Canadian Solar (CSIQ) Debt to Equity (2009 - 2025)
Canadian Solar (CSIQ) reported Debt to Equity of $1.36 for Q4 2025, down 2.21% year-on-year from $1.39 in Q4 2024, and up 10.94% quarter-over-quarter from $1.22 in Q3 2025.
Canadian Solar (CSIQ) has 17 years of Debt to Equity data on file, last reported at $1.36 in Q4 2025.
- For the quarter ending Q4 2025, Debt to Equity fell 2.21% year-over-year to $1.36; the trailing twelve-month figure through Dec 2025 stood at $1.36 (down 2.21% YoY), and the FY2025 full-year result was $1.36, down 2.21% from the prior year.
- Debt to Equity for Q4 2025 stood at $1.36, up from $1.22 in the prior quarter.
- Across five years, Debt to Equity topped out at $1.39 in Q4 2024 and bottomed at $0.25 in Q4 2021.
- A 5-year average of $0.7 and a median of $0.57 in 2024 frame the typical range for Debt to Equity.
- Across the five-year window, Debt to Equity slumped 36.66% in 2021 and jumped 297.27% in 2022, its largest moves.
- Tracing CSIQ's Debt to Equity over 5 years: stood at $0.25 in 2021, then soared by 297.27% to $0.98 in 2022, then fell by 15.3% to $0.83 in 2023, then surged by 67.24% to $1.39 in 2024, then dropped by 2.21% to $1.36 in 2025.
- According to Business Quant data, Debt to Equity over the past three periods registered $1.36, $1.22, and $1.21 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 0.04 |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 1.36 |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 0.52 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 0.13 |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 0.30 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -3.11 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 0.71 |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.36 |
| Sep 30, 2025 | 1.22 |
| Jun 30, 2025 | 1.21 |
| Mar 31, 2025 | 1.09 |
| Dec 31, 2024 | 1.39 |
| Sep 30, 2024 | 0.78 |
| Jun 30, 2024 | 0.61 |
| Mar 31, 2024 | 0.63 |
| Dec 31, 2023 | 0.83 |
| Sep 30, 2023 | 0.43 |
| Jun 30, 2023 | 0.42 |
| Mar 31, 2023 | 0.43 |
| Dec 31, 2022 | 0.98 |
| Sep 30, 2022 | 0.53 |
| Jun 30, 2022 | 0.44 |
| Mar 31, 2022 | 0.42 |
| Dec 31, 2021 | 0.25 |
| Sep 30, 2021 | 0.34 |
| Jun 30, 2021 | 0.33 |
| Mar 31, 2021 | 0.30 |
| Dec 31, 2020 | 0.24 |
| Sep 30, 2020 | 0.42 |
| Jun 30, 2020 | 0.39 |
| Mar 31, 2020 | 0.47 |
| Dec 31, 2019 | 0.44 |
| Sep 30, 2019 | 0.41 |
| Jun 30, 2019 | 0.37 |
| Mar 31, 2019 | 0.36 |
| Dec 31, 2018 | 0.81 |
| Sep 30, 2018 | 0.12 |
| Jun 30, 2018 | 0.22 |
| Mar 31, 2018 | 0.30 |
| Dec 31, 2017 | 1.90 |
| Sep 30, 2017 | 0.34 |
| Jun 30, 2017 | 0.30 |
| Mar 31, 2017 | 0.53 |
| Dec 31, 2016 | 2.33 |
| Sep 30, 2016 | 0.67 |
| Jun 30, 2016 | 0.92 |
| Mar 31, 2016 | 0.95 |
| Dec 31, 2015 | 0.84 |
| Sep 30, 2015 | 0.68 |
| Jun 30, 2015 | 0.46 |
| Mar 31, 2015 | 0.17 |
| Dec 31, 2014 | 0.18 |
| Sep 30, 2014 | 0.23 |
| Jun 30, 2014 | 0.28 |
| Mar 31, 2014 | 0.34 |
| Dec 31, 2013 | 2.32 |
| Sep 30, 2013 | 0.35 |
| Jun 30, 2013 | 0.92 |
| Mar 31, 2013 | 0.72 |
| Dec 31, 2012 | 3.56 |
| Sep 30, 2012 | 0.45 |
| Jun 30, 2012 | 0.32 |
| Mar 31, 2012 | 0.20 |
| Dec 31, 2011 | 1.78 |
| Dec 31, 2010 | 0.13 |
| Dec 31, 2009 | 0.06 |
| Jun 30, 2009 | 0.09 |
| Mar 31, 2009 | 0.14 |