Canadian Solar Inc.
CSIQTechnologyNASDAQSolar · Last scanned Jul 16, 2026
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Daily timeframeCanadian Solar Inc., together with its subsidiaries, provides solar energy and battery energy storage products and solutions in Asia, the United States, Europe, and internationally. Valued at $1.08B, CSIQ is a small-cap name in its sector. It operates through two segments, Manufacturing and Recurrent Energy.
Market Cap
$1.08B
Beta
1.51
P/E (TTM)
—
P/E (Fwd)
-36.06
EPS (TTM)
$-2.63
EPS (Fwd)
$-0.44
ROE
-2.9%
ROA
1.3%
Cash
$1.44B
Total Debt
$7.08B
Free CF
-$953.3M
52W Change
26.9%
Annual Financials
Cash vs Debt
On the balance sheet, CSIQ has $1.44B in cash with $7.08B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow is running at -$953.3M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at -2.9%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 1.3% is on the lower side, which is common in asset-heavy industries. Revenue has pulled back from $7.47B (2022) to $5.60B (2025), a 25% decline worth watching.
With a beta above 1.5, CSIQ tends to amplify broader market moves — both up and down. This higher volatility means larger price swings are common. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing CSIQ.