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CSIQ
Canadian Solar Inc.
$13.36
-0.28
(-2.05%)
[ms_data_label text=’Delayed data’]
| Exchange: | NASDAQ |
| Market Cap: | 894.749M |
| Shares Outstanding: | 15.428M |
About The Company
| Sector: | Energy | |||||
| Industry: | Solar | |||||
| CEO: | Xiaohua Qu | |||||
| Full Time Employees: | 17113 | |||||
| Address: |
| |||||
| Website: | https://www.canadiansolar.com |
Canadian Solar Inc., together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power and battery storage products in Asia, the Americas, Europe, and internationally. The company operates through two segments, Canadian Solar Inc. (CSI) Solar and Global Energy. The CSI Solar segment offers standard solar modules and battery storage solutions, as well as solar system kits that are a ready-to-install packages comprising inverters, racking systems, and other accessories; and engineering, procurement, and construction (EPC) services. The Global Energy segment engages in the development, construction, maintenance, and sale of solar and battery storage projects; operation of solar power plants; and sale of electricity. This segment also provides operation and maintenance (O&M) services, including monitoring, inspections, repair, and replacement of plant equipment; and site management and administrative support services for solar projects, as well as asset management services. As of January 31, 2021, this segment had a fleet of solar power plants in operation with an aggregate capacity of approximately 445 MWp. The company serves distributors, system integrators, project developers, and installers/EPC companies. It sells its products primarily under its Canadian Solar brand name; and on an OEM basis. The company was incorporated in 2001 and is headquartered in Guelph, Canada.
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Revenue Segmentation
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 7,613,626 | 5,993,409 | 5,595,107 |
| Gross Profit | 1,279,983 | 999,319 | 1,026,226 |
| EBITDA | 829,664 | 556,609 | -28,857 |
| Operating Income | 453,320 | -30,081 | -28,857 |
| Net Income | 274,187 | 36,051 | -104,126 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 11,895,760 | 13,511,550 | 15,171,729 |
| Total Liabilities | 8,190,516 | 9,361,747 | 10,902,101 |
| Total Stockholders Equity | 2,559,243 | 2,815,500 | 2,807,971 |
| Total Debt | 4,475,531 | 5,910,996 | 7,679,574 |
| Cash and Cash Equivalents | 1,938,689 | 2,252,874 | 1,912,123 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 684,615 | -885,324 | -252,741 |
| Capital Expenditure | -1,525,460 | -1,870,411 | -1,391,446 |
| Free Cash Flow | -840,845 | -2,749,074 | -1,644,187 |
| Net Income | 274,187 | -77,862 | -104,126 |
| Net Change in Cash | 976,929 | -682,411 | -340,751 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2030 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 6,814,208.265 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 9,537,553.541 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 8,157,000 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 515,049.990 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 720,893.267 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 616,544.521 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 298,116.559 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 462,735.624 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 379,284.868 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 955,188.897 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 1,336,936.720 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 1,143,416.158 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 5.630 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 6.870 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 4.430 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 6 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 2 | Full Access | Full Access | Full Access | Full Access |
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Current Key Metrics
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Login — it's freeSWOT Analysis
Strengths (preview)
- Strong Revenue Performance: CSIQ has demonstrated consistent revenue growth in recent income statements, reflecting robust demand for its solar products and services. This aligns with positive industry trends in renewable energy, as evidenced by the sector's performance metrics.
- Solid Free Cash Flow: The company's cash flow statements indicate healthy free cash flow generation, supported by efficient operating cash flows. This provides financial flexibility for reinvestment in innovation and capital expenditures, as highlighted in recent financial data.
- Market Position and Scale: With a significant market capitalization and a global presence (as per company profile and revenue geo segments), CSIQ benefits from economies of scale and diversified revenue streams across multiple regions, reducing dependency on a single market.
- Industry Alignment: Operating in the solar industry within the broader renewable energy sector, CSIQ is well-positioned to capitalize on favorable industry performance trends, as seen in the sector and industry performance metrics over various time frames (1w, 1m, 3m, 6m, 1y, 5y).
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Intrinsic Value Calculator
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about CSIQ valuation
Is Canadian Solar Inc. (CSIQ) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Canadian Solar Inc. (CSIQ) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is CSIQ a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether CSIQ trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is CSIQ’s P/E ratio?
You can see CSIQ’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for CSIQ?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is CSIQ a good long-term investment?
Whether CSIQ fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
CSIQ
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[ms_data_label text="Daily snapshot"]
-2.05
Trading Metrics:
| Open: | [ms_cell_or_dash table='trading_quote' column='open'] | Previous Close: | [ms_cell_or_dash table='trading_quote' column='previousClose'] | |
| Day Low: | [ms_cell_or_dash table='trading_quote' column='dayLow'] | Day High: | [ms_cell_or_dash table='trading_quote' column='dayHigh'] | |
| Year Low: | 6.57 | Year High: | 34.59 | |
| Price Avg 50: | 18.11 | Price Avg 200: | 17.22 | |
| Volume: | 1.242M | Average Volume: | 2.382M |
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Login — it's freeCSIQ full analysis
Welcome to MARKETSNAP’s SWOT analysis for Canadian Solar, also known by its ticker CSIQ. If you’re a long-term investor looking to build wealth through smart stock picks, you’re in the right place. Today, we’re diving deep into Canadian Solar, a major player in the renewable energy space. Let’s break down what makes this company tick, analyze its recent performance, and explore the strengths, weaknesses, opportunities, and threats that could shape its future. Stick with me as we unpack all of…
