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Canadian Solar Inc. (CSIQ)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN
CA1366351098
CUSIP
000136635109
Industry
Solar
IPO Date
Nov 9, 2006

Highlights

Market Cap
$937.82M
Enterprise Value
$10.21B
EPS (TTM)
-$1.54
Total Revenue (TTM)
$5.60B
Gross Profit (TTM)
$1.03B
EBITDA (TTM)
$282.45M
Year Range
$6.57 - $34.59
Target Price
$28.88
ROA (TTM)
-0.69%
ROE (TTM)
-3.71%

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Canadian Solar Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Canadian Solar Inc. (CSIQ) has returned -41.73% so far this year and 60.12% over the past 12 months. Over the last ten years, CSIQ has returned -3.12% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


Canadian Solar Inc.

1D
6.70%
1M
-21.80%
YTD
-41.73%
6M
6.21%
1Y
60.12%
3Y*
-29.67%
5Y*
-22.17%
10Y*
-3.12%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Nov 9, 2006, CSIQ's average daily return is +0.11%, while the average monthly return is +2.21%. At this rate, your investment would double in approximately 2.6 years.

Historically, 49% of months were positive and 51% were negative. The best month was May 2009 with a return of +102.0%, while the worst month was Oct 2008 at -50.4%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.

On a daily basis, CSIQ closed higher 49% of trading days. The best single day was Dec 20, 2011 with a return of +33.5%, while the worst single day was Mar 19, 2026 at -26.9%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-19.54%-7.40%-21.80%-41.73%
2025-7.28%-2.52%-13.93%4.28%16.74%4.84%4.08%-14.88%33.33%59.20%30.78%-12.45%113.76%
2024-15.75%-4.57%-6.31%-17.97%21.16%-24.90%12.41%-23.82%32.70%-15.04%-12.85%-10.39%-57.61%
202336.15%-5.51%0.15%-6.00%11.70%-7.44%-6.54%-22.54%-12.14%-18.81%5.26%24.73%-15.11%
2022-10.55%13.11%11.69%-22.17%16.50%-2.87%18.46%22.45%-17.53%-8.99%5.75%-13.81%-1.25%
20216.85%-14.28%5.75%-16.91%-4.03%13.29%-10.24%-8.15%-6.44%20.12%-8.69%-17.53%-38.93%

Benchmark Metrics

Canadian Solar Inc. has an annualized alpha of 11.04%, beta of 1.65, and R² of 0.19 versus S&P 500 Index. Calculated based on daily prices since November 10, 2006.

  • This stock captured 188.04% of S&P 500 Index gains and 182.00% of its losses — amplifying both gains and losses, but participating more in upside than downside.
  • R² of 0.19 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
11.04%
Beta
1.65
0.19
Upside Capture
188.04%
Downside Capture
182.00%

Return for Risk

Risk / Return Rank

CSIQ ranks 62 for risk / return — better than 62% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


CSIQ Risk / Return Rank: 6262
Overall Rank
CSIQ Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
CSIQ Sortino Ratio Rank: 6565
Sortino Ratio Rank
CSIQ Omega Ratio Rank: 6565
Omega Ratio Rank
CSIQ Calmar Ratio Rank: 5959
Calmar Ratio Rank
CSIQ Martin Ratio Rank: 6060
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Canadian Solar Inc. (CSIQ) and compare them to a chosen benchmark (S&P 500 Index).


CSIQBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.61

0.90

-0.29

Sortino ratio

Return per unit of downside risk

1.43

1.39

+0.05

Omega ratio

Gain probability vs. loss probability

1.19

1.21

-0.02

Calmar ratio

Return relative to maximum drawdown

0.82

1.40

-0.58

Martin ratio

Return relative to average drawdown

1.93

6.61

-4.67

Explore CSIQ risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


Canadian Solar Inc. doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Canadian Solar Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Canadian Solar Inc. was 96.02%, occurring on Nov 15, 2012. Recovery took 2039 trading sessions.

The current Canadian Solar Inc. drawdown is 78.41%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-96.02%Jun 19, 20081112Nov 15, 20122039Dec 22, 20203151
-89.46%Jan 22, 20211058Apr 8, 2025
-54.32%Nov 10, 2006213Sep 18, 200743Nov 16, 2007256
-45.41%Dec 27, 200758Mar 20, 200832May 6, 200890
-19.35%May 21, 200814Jun 10, 20085Jun 17, 200819

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Canadian Solar Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how Canadian Solar Inc. is priced in the market compared to other companies in the Solar industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for CSIQ relative to other companies in the Solar industry. Currently, CSIQ has a P/S ratio of 0.2. This P/S ratio is low compared to the industry average. It may indicate that the stock is undervalued relative to its revenue, or that the market expects slower growth or lower margins.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for CSIQ in comparison with other companies in the Solar industry. Currently, CSIQ has a P/B value of 0.3. This P/B ratio is low compared to industry peers. It might indicate the stock is undervalued or that the company’s assets are not expected to generate strong returns.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items