Canadian Solar (CSIQ) FCF Margin (2012 - 2025)
Canadian Solar (CSIQ) reported FCF Margin of 16.54% for Q4 2025, down 177.0% year-on-year from 21.48% in Q4 2024, and up 59.03% quarter-over-quarter from 10.4% in Q3 2025.
Canadian Solar (CSIQ) has 8 years of FCF Margin data on file, last reported at 16.54% in Q4 2025.
- For the quarter ending Q4 2025, FCF Margin fell 177.0% year-over-year to 16.54%; the trailing twelve-month figure through Dec 2025 stood at 12.68% (up 892.0% YoY), and the FY2025 full-year result was 21.72%, up 1162.0% from the prior year.
- FCF Margin for Q4 2025 stood at 16.54%, up from 10.4% in the prior quarter.
- Across five years, FCF Margin topped out at 33.45% in Q4 2022 and bottomed at 2.39% in Q2 2024.
- A 4-year average of 14.62% and a median of 16.54% in 2025 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin plunged 2661 bps in 2024 and soared 2372 bps in 2025, its largest moves.
- Tracing CSIQ's FCF Margin over 4 years: stood at 33.45% in 2022, then retreated by 15 bps to 28.5% in 2023, then slumped by 36 bps to 18.31% in 2024, then dropped by 10 bps to 16.54% in 2025.
- According to Business Quant data, FCF Margin over the past three periods registered 16.54%, 10.4%, and 21.33% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | -31.93% |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 14.00% |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 16.54% |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 32.11% |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -0.56% |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 1.41% |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | -29.72% |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -16.53% |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | -37.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 16.54% |
| Sep 30, 2025 | 10.40% |
| Jun 30, 2025 | 21.33% |
| Mar 31, 2025 | -0.65% |
| Dec 31, 2024 | 18.31% |
| Sep 30, 2024 | 0.48% |
| Jun 30, 2024 | -2.39% |
| Mar 31, 2024 | -1.61% |
| Dec 31, 2023 | 28.50% |
| Sep 30, 2023 | 25.09% |
| Jun 30, 2023 | 24.22% |
| Mar 31, 2023 | 16.47% |
| Dec 31, 2022 | 33.45% |
| Sep 30, 2022 | 10.14% |
| Jun 30, 2022 | 19.05% |
| Dec 31, 2015 | 19.49% |
| Dec 31, 2014 | 27.10% |
| Dec 31, 2013 | -7.01% |
| Dec 31, 2012 | -22.69% |