- ISIN
- CA1366351098
- CUSIP
- 000136635109
- Sector
- Technology
- Industry
- Solar
- IPO Date
- Nov 9, 2006
Highlights
- Market Cap
- $1.09B
- Enterprise Value
- $10.93B
- EPS (TTM)
- -$1.51
- Total Revenue (TTM)
- $5.48B
- Gross Profit (TTM)
- $1.16B
- EBITDA (TTM)
- $398.75M
- Year Range
- $9.41 - $34.59
- Target Price
- $30.00
- ROA (TTM)
- -0.66%
- ROE (TTM)
- -3.61%
Share Price Chart
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Performance
CSIQ Performance Chart
Canadian Solar Inc. (CSIQ) is down 32.6% since the beginning of the year. At $16 per share, CSIQ is trading 53.7% below its 52-week high of $35. Investors who bought $1,000 worth of CSIQ shares 5 years ago would now be looking at an investment worth $414.
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Returns By Period
Canadian Solar Inc. (CSIQ) has returned -32.60% so far this year and 60.04% over the past 12 months. Over the last ten years, CSIQ has returned 0.77% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Canadian Solar Inc.
- 1D
- -1.54%
- 1M
- -15.15%
- YTD
- -32.60%
- 6M
- -40.95%
- 1Y
- 60.04%
- 3Y*
- -24.31%
- 5Y*
- -16.18%
- 10Y*
- 0.77%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
CSIQ Monthly Returns History
Based on dividend-adjusted daily data since Nov 9, 2006, CSIQ's average daily return is +0.11%, while the average monthly return is +2.26%. At this rate, an 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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -19.54% | -7.40% | -21.80% | 10.40% | 24.20% | -15.64% | -32.60% | ||||||
| 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% |
| 2023 | 36.15% | -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% |
| 2021 | 6.85% | -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 10.93%, beta of 1.65, and R2 of 0.19 versus S&P 500 Index. Calculated based on daily prices since November 09, 2006.
- This stock captured 191.19% of S&P 500 Index gains and 183.95% 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
- 10.93%
- Beta
- 1.65
- R²
- 0.19
- Upside Capture
- 191.19%
- Downside Capture
- 183.95%
Return for Risk
Risk / Return Rank
CSIQ ranks 63 for risk / return — better than 63% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Canadian Solar Inc. (CSIQ) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CSIQ | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.40 | ||
| Sortino ratioReturn per unit of downside risk | -1.34 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.37 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.94 | 2.78 | -1.84 |
| Martin ratioReturn relative to average drawdown | 1.70 | 12.44 | -10.74 |
Dividends
Dividend History
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 75.03%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2012 bear market2012 | -96.02%Nov 2012 | 4y 5mo | 8y 1mo | 12y 6moJun 2008 - Dec 2020 |
2025 selloff2025 | -89.46%Apr 2025 | 4y 2mo | — | 5y 5moJan 2021 - now |
2007 bear market2007 | -54.32%Sep 2007 | 10mo 12d | 1mo 29d | 1y 6dNov 2006 - Nov 2007 |
Financial crisis2007–2009 | -45.41%Mar 2008 | 2mo 24d | 1mo 17d | 4mo 11dDec 2007 - May 2008 |
Financial crisis2007–2009 | -19.35%Jun 2008 | 20d | 7d | 27dMay 2008 - Jun 2008 |
Drawdown Indicators
| CSIQ | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.02% | -56.78% | -39.24% |
Max Drawdown (1Y)Largest decline over 1 year | -63.94% | -9.10% | -54.84% |
Max Drawdown (3Y)Largest decline over 3 years | -82.53% | -18.90% | -63.63% |
Max Drawdown (5Y)Largest decline over 5 years | -85.65% | -25.43% | -60.22% |
Max Drawdown (10Y)Largest decline over 10 years | -89.46% | -33.92% | -55.54% |
Current DrawdownCurrent decline from peak | -75.03% | -1.80% | -73.23% |
Average DrawdownAverage peak-to-trough decline | -61.11% | -10.71% | -50.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.37% | 2.03% | +33.34% |
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.
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 0.4. 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 | — |
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