Canadian Solar (CSIQ) Equity Ratio (2009 - 2025)

Canadian Solar (CSIQ) recorded quarterly Equity Ratio of 0.26 in Q4 2025, down 100.0% on a QoQ basis from 189236.19 in Q3 2025, and up 24.72% year-over-year from 0.21 in Q4 2024.

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

Canadian Solar has disclosed Equity Ratio across 17 years of filings, most recently posting 0.26 for Q4 2025.

  • Quarterly Equity Ratio rose 24.72% year-over-year to 0.26 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.26 (up 24.72% YoY) and the FY2025 annual result came in at 0.26, up 24.72% from the prior year.
  • Equity Ratio slipped to 0.26 in Q4 2025, from 189236.19 in the prior quarter.
  • Over five years, Equity Ratio peaked at 189236.19 in Q3 2025 and troughed at 0.19 in Q2 2025.
  • A 5-year average of 9462.03 and a median of 0.22 in 2023 frame the typical range for Equity Ratio.
  • Annual changes were most pronounced in 2024 — Equity Ratio slumped 33.1% — and 2025, when it soared 90765924.65%.
  • Tracing CSIQ's Equity Ratio over 5 years: stood at 0.29 in 2021, then decreased by 11.31% to 0.26 in 2022, then climbed by 22.03% to 0.31 in 2023, then sank by 33.1% to 0.21 in 2024, then advanced by 24.72% to 0.26 in 2025.
  • Business Quant data shows CSIQ's Equity Ratio at 0.26 in Q4 2025, 189236.19 in Q3 2025, and 0.19 in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 0.74
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 0.57
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 0.40
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 0.18
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 0.15
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 0.58
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn -0.15
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 0.55
10 Canadian Solar 41,875.00 578.43 Mn 124.40 Mn 0.26

Historic Data

Download Data
DateValue
Dec 31, 2025 0.26
Sep 30, 2025 189,236.19
Jun 30, 2025 0.19
Mar 31, 2025 0.20
Dec 31, 2024 0.21
Sep 30, 2024 0.21
Jun 30, 2024 0.22
Mar 31, 2024 0.20
Dec 31, 2023 0.31
Sep 30, 2023 0.22
Jun 30, 2023 0.22
Mar 31, 2023 0.21
Dec 31, 2022 0.26
Sep 30, 2022 0.21
Jun 30, 2022 0.21
Mar 31, 2022 0.22
Dec 31, 2021 0.29
Sep 30, 2021 0.23
Jun 30, 2021 0.24
Mar 31, 2021 0.23