Canadian Solar (CSIQ) Return on Invested Capital [ROIC] (2009 - 2026)
Canadian Solar's Return on Invested Capital [ROIC] was -0.23% in Q2 2026, up 0.19 percentage points from -0.42% a year earlier but down 1.65 percentage points from the prior quarter.
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Analysis
Canadian Solar (CSIQ) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Canadian Solar came in at 0.42%, up 0.81 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of -5.73 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was -0.39% in FY2024 (-8.39 pp), 7.99% in FY2023 (+0.93 pp), 7.07% in FY2022 (+2.86 pp) and 4.20% in FY2021 (-1.94 pp).
- Quarterly Return on Invested Capital [ROIC] has moved between -0.42% (Q2 2025) and 10.41% (Q2 2023) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for three straight quarters, with an average year-over-year change of -2.76 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q1 2023 (a gain of 6.77 percentage points); the worst was Q3 2024 (a drop of 8.12 percentage points).
- Per Business Quant data, CSIQ's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 1.43% (Q1 2026), 0.43% (Q4 2025) and -0.20% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 263.36 Bn | 224.44 Bn | 2.36 Bn | 10.65% |
| 2 | Bloom Energy | 84.85 Bn | 76.67 Bn | 355.57 Mn | 26.62% |
| 3 | First Solar | 18.77 Bn | 9.72 Bn | 605.00 Mn | 16.76% |
| 4 | Generac Holdings | 12.79 Bn | 11.62 Bn | 521.81 Mn | 7.88% |
| 5 | Nextpower | 12.78 Bn | 8.68 Bn | 335.85 Mn | - |
| 6 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn | 10.63% |
| 7 | EnerSys | 7.13 Bn | 5.32 Bn | 313.36 Mn | 13.79% |
| 8 | Enphase Energy | 4.42 Bn | -436.70 Mn | 175.01 Mn | 5.27% |
| 9 | Mirion Technologies | 3.57 Bn | 1.46 Bn | 133.10 Mn | 1.97% |
| 10 | Canadian Solar | 758.80 Mn | -5.05 Bn | 168.48 Mn | -0.23% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.23% |
| Mar 31, 2026 | 1.43% |
| Dec 31, 2025 | 0.43% |
| Sep 30, 2025 | -0.20% |
| Jun 30, 2025 | -0.42% |
| Mar 31, 2025 | 0.00% |
| Dec 31, 2024 | -0.26% |
| Sep 30, 2024 | 1.11% |
| Jun 30, 2024 | 2.41% |
| Mar 31, 2024 | 5.01% |
| Dec 31, 2023 | 6.88% |
| Sep 30, 2023 | 9.23% |
| Jun 30, 2023 | 10.41% |
| Mar 31, 2023 | 10.10% |
| Dec 31, 2022 | 8.05% |
| Sep 30, 2022 | 6.73% |
| Jun 30, 2022 | 5.94% |
| Mar 31, 2022 | 3.33% |
| Dec 31, 2021 | 4.25% |
| Sep 30, 2021 | 3.72% |
API Access
Canadian Solar Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=CSIQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "CSIQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=CSIQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();