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Growth Metrics

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

Canadian Solar (CSIQ) reported Equity Ratio of 0.26 for Q4 2025, up 24.72% year-on-year from 0.21 in Q4 2024, and down 100.0% quarter-over-quarter from 189236.19 in Q3 2025.

Canadian Solar (CSIQ) has 17 years of Equity Ratio data on file, last reported at 0.26 in Q4 2025.

  • For the quarter ending Q4 2025, Equity Ratio rose 24.72% year-over-year to 0.26; the trailing twelve-month figure through Dec 2025 stood at 0.26 (up 24.72% YoY), and the FY2025 full-year result was 0.26, up 24.72% from the prior year.
  • Equity Ratio for Q4 2025 stood at 0.26, down from 189236.19 in the prior quarter.
  • Across five years, Equity Ratio topped out at 189236.19 in Q3 2025 and bottomed 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.
  • Across the five-year window, Equity Ratio plunged 33.1% in 2024 and soared 90765924.65% in 2025, its largest moves.
  • Tracing CSIQ's Equity Ratio over 5 years: stood at 0.29 in 2021, then slipped by 11.31% to 0.26 in 2022, then grew by 22.03% to 0.31 in 2023, then plunged by 33.1% to 0.21 in 2024, then climbed by 24.72% to 0.26 in 2025.
  • According to Business Quant data, Equity Ratio over the past three periods registered 0.26, 189236.19, and 0.19 for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 0.74
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 0.57
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 0.26
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 0.40
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 0.18
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 0.15
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 0.58
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -0.15
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 0.22
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 0.55

Historic Data

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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
Dec 31, 2020 0.29
Sep 30, 2020 0.24
Jun 30, 2020 0.29
Mar 31, 2020 0.27
Dec 31, 2019 0.26
Sep 30, 2019 0.25
Jun 30, 2019 0.25
Mar 31, 2019 0.24
Dec 31, 2018 0.26
Sep 30, 2018 0.22
Jun 30, 2018 0.21
Mar 31, 2018 0.21
Dec 31, 2017 0.18
Sep 30, 2017 0.16
Jun 30, 2017 0.16
Mar 31, 2017 0.16
Dec 31, 2016 0.17
Sep 30, 2016 0.18
Jun 30, 2016 0.19
Mar 31, 2016 0.19
Dec 31, 2015 0.19
Sep 30, 2015 0.19
Jun 30, 2015 0.21
Mar 31, 2015 0.22
Dec 31, 2014 0.24
Sep 30, 2014 0.22
Jun 30, 2014 0.19
Mar 31, 2014 0.18
Dec 31, 2013 69.22
Sep 30, 2013 0.23
Jun 30, 2013 0.12
Mar 31, 2013 0.12
Dec 31, 2012 0.13
Sep 30, 2012 0.22
Jun 30, 2012 0.18
Mar 31, 2012 0.23
Dec 31, 2011 0.25
Dec 31, 2010 0.38
Dec 31, 2009 0.45
Jun 30, 2009 0.46
Mar 31, 2009 0.50