Canadian Solar (CSIQ) Return on Capital Employed (2009 - 2025)
Canadian Solar's (CSIQ) quarterly Return on Capital Employed came in at 2.48% in Q4 2025, up 284.0% YoY from 0.64% in Q4 2024, and up 742261.83% on a QoQ basis from 0.0% in Q3 2025.
Canadian Solar (CSIQ) Return on Capital Employed (2009 - 2025) Analysis & Trends
Canadian Solar (CSIQ) has 17 years of Return on Capital Employed data on file, last reported at 2.48% in Q4 2025.
- Quarterly Return on Capital Employed rose 284.0% year-over-year to 2.48% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 2.48% (up 284.0% YoY) and the FY2025 annual result came in at 0.51%, up 92.0% from the prior year.
- Return on Capital Employed climbed to 2.48% in Q4 2025, from 0.0% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 13.44% in Q1 2023 to a low of 1.65% in Q1 2025.
- A 5-year average of 5.21% and a median of 5.28% in 2021 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2023 — Return on Capital Employed jumped 823 bps — and 2024, when it slumped 1047 bps.
- Tracing CSIQ's Return on Capital Employed over 5 years: stood at 5.6% in 2021, then surged by 77 bps to 9.92% in 2022, then decreased by 21 bps to 7.84% in 2023, then plunged by 105 bps to 0.37% in 2024, then jumped by 777 bps to 2.48% in 2025.
- The last three Return on Capital Employed figures came in at 2.48% (Q4 2025), 0.0% (Q3 2025), and 0.62% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 16.07% |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 23.08% |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 4.90% |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 0.43% |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -16.28% |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 7.27% |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 2.48% |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | -10.77% |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | -5.53% |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn | 29.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.48% |
| Sep 30, 2025 | 0.00% |
| Jun 30, 2025 | -0.62% |
| Mar 31, 2025 | -1.65% |
| Dec 31, 2024 | -0.37% |
| Sep 30, 2024 | 1.41% |
| Jun 30, 2024 | 2.70% |
| Mar 31, 2024 | 5.86% |
| Dec 31, 2023 | 7.84% |
| Sep 30, 2023 | 10.53% |
| Jun 30, 2023 | 13.17% |
| Mar 31, 2023 | 13.44% |
| Dec 31, 2022 | 9.92% |
| Sep 30, 2022 | 8.01% |
| Jun 30, 2022 | 7.02% |
| Mar 31, 2022 | 5.21% |
| Dec 31, 2021 | 5.60% |
| Sep 30, 2021 | 4.08% |
| Jun 30, 2021 | 4.29% |
| Mar 31, 2021 | 5.35% |