Canadian Solar (CSIQ) EV to CFO (2012 - 2026)
Canadian Solar's (CSIQ) quarterly EV to CFO came in at 4.35 in Q2 2026, down 95.35% on a YoY basis from 93.69 in Q2 2025, and down 313.03% quarter-over-quarter from 1.05 in Q1 2026.
Analysis
Canadian Solar (CSIQ) EV to CFO (2012 - 2026) Analysis & Trends
Canadian Solar (CSIQ) has reported EV to CFO for 9 consecutive years, with 4.35 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to CFO fell 95.35% year-over-year to 4.35; the trailing twelve-month figure through Jun 2026 stood at 1.39 (down 179.39% YoY), and the FY2025 full-year result was 5.39, down 4029.51% from the prior year.
- EV to CFO eased to 4.35 in Q2 2026 per CSIQ's latest filing, from 1.05 in the prior quarter.
- Across five years, EV to CFO topped out at 18.46 in Q1 2023 and bottomed at 20.94 in Q4 2025.
- Historically, EV to CFO has averaged 0.73 across 5 years, with a median of 1.47 in 2024.
- The sharpest annual moves came in 2024 and 2025: EV to CFO soared 236.06% in 2024, then slumped 1304.84% in 2025.
- Over 5 years, EV to CFO stood at 3.44 in 2022, then surged by 42.9% to 4.91 in 2023, then tumbled by 64.63% to 1.74 in 2024, then plunged by 1304.84% to 20.94 in 2025, then jumped by 79.2% to 4.35 in 2026.
- According to Business Quant data, EV to CFO over the past three periods registered 4.35, 1.05, and 20.94 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 21.97 Bn | 20.25 Bn | 605.00 Mn |
| 2 | Nextpower | 12.81 Bn | 11.60 Bn | 335.85 Mn |
| 3 | Enphase Energy | 4.81 Bn | 3.87 Bn | 175.01 Mn |
| 4 | Solaredge Technologies | 2.10 Bn | 1.52 Bn | 95.15 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.14 Bn | 49.10 Mn |
| 6 | Shoals Technologies | 1.20 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 896.45 Mn | 597.20 Mn | 168.48 Mn |
| 8 | Array Technologies | 708.44 Mn | 401.13 Mn | 99.60 Mn |
| 9 | JinkoSolar Holding | 627.24 Mn | -480.04 Mn | 75.62 Mn |
| 10 | Toyo | 133.94 Mn | 23.90 Mn | 36.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.35 |
| Mar 31, 2026 | -1.05 |
| Dec 31, 2025 | -20.94 |
| Sep 30, 2025 | 1.69 |
| Jun 30, 2025 | -2.23 |
| Mar 31, 2025 | 1.48 |
| Dec 31, 2024 | 1.74 |
| Sep 30, 2024 | 2.49 |
| Jun 30, 2024 | 0.21 |
| Mar 31, 2024 | 1.47 |
| Dec 31, 2023 | 4.91 |
| Sep 30, 2023 | -1.83 |
| Jun 30, 2023 | 0.80 |
| Mar 31, 2023 | 18.46 |
| Dec 31, 2022 | 3.44 |
| Sep 30, 2022 | 5.87 |
| Jun 30, 2022 | 0.31 |
| Dec 31, 2015 | 4.92 |
| Dec 31, 2014 | 10.29 |
| Dec 31, 2013 | -9.42 |