profit from every $100 of sales.
$0$100
Canadian Solar
$10.04-1.28% today
-64.7% in 1 year
1-year low $8.851-year high $33.58
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Canadian Solar sold, what it kept, and what it did with the cash.
Sales went from $7.47 billion in 2022 to $5.60 billion in 2025, with -$104 million of profit last year.
SalesProfit
Canadian Solar vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Canadian Solar | No profit yet | ||
 First Solar | 12.1× · Cheap | ||
 Tongwei Co.,Ltd | No profit yet | ||
 Jinko Solar | No profit yet | ||
 CSI Solar | 30.2× · Expensive |
AI analysis
An AI analyst reads Canadian Solar's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 7,469 | 7,614 | 5,993 | 5,595 | |
| 1,263 | 1,280 | 999 | 1,026 | |
| 356 | 453 | -30 | 43 | |
| 665 | 830 | 557 | 592 | |
| 240 | 274 | 36 | -104 | |
| 3.44 | 3.87 | 0.54 | -2.50 | |
| 16.9% | 16.8% | 16.7% | 18.3% | |
| 4.8% | 6.0% | -0.5% | 0.8% | |
| 3.2% | 3.6% | 0.6% | -1.9% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 9,037 | 11,896 | 13,512 | 15,172 |
| Cash | 981 | 1,939 | 1,701 | 1,370 |
| Total debt | 4,044 | 4,476 | 5,911 | 7,680 |
| Total liabilities | 6,730 | 8,191 | 9,362 | 10,902 |
| 1,942 | 2,559 | 2,816 | 2,808 | |
| 71 | 72 | 67 | 67 | |
| 5.7% | 5.9% | 0.5% | 0.3% | |
| 12.4% | 10.7% | 1.3% | -3.7% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 917 | 685 | -885 | -253 | |
| 628 | 1,525 | 1,870 | 1,391 | |
| 289 | -841 | -2,756 | -1,644 | |
| Dividends paid | – | – | – | – |
| 0 | – | – | – | |
| 9 | 55 | 21 | 24 |
Valuation
- –
- –
- –
- 0.5×
- 0.1×
- –
- 11.8×
- -241.2%
- -15.3%
- 0.0%
Profitability
- 18.3%
- 0.8%
- -1.9%
- 5.5%
- 1.3%
- 1.8%
- -3.6%
- -0.7%
- 1.8%
- 1.6%
Growth
- −9.2%
- –
- +40.3%
- –
- +2.3%
Financial health
- 21.3×
- 2.76
- 50.3%
- 0.9×
- 1.06
- 0.81
- 0.35
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 14%of 468
Bottom 10%of 467
Bottom 23%of 462
What analysts expect
- Average price target
- $33.50
- Range
- $30.00 – $37.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 14, 2026 | -0.71 | -1.06 | +33.0% |
| Mar 19, 2026 | -1.66 | -1.10 | −50.9% |
| Nov 13, 2025 | -0.58 | -1.08 | +46.3% |
| Aug 21, 2025 | -0.53 | 0.76 | −169.7% |
| May 15, 2025 | -1.07 | -1.50 | +28.7% |
| Mar 25, 2025 | -1.47 | -0.21 | −600.0% |
| Dec 5, 2024 | -0.31 | -0.17 | −82.4% |
| Aug 22, 2024 | 0.02 | 0.05 | −61.5% |
News
Finning targets Canadian data center genset delivery by end of next year as backlog reaches $4.1BSeeking Alpha · Nov 10, 2026Cenovus says widest Canadian crude discount since 2018 temporary, will not change production plansSeeking Alpha · Nov 4, 2026CIBC names former Canadian finance minister as its next chairSeeking Alpha · Oct 30, 2026Celestica gets approval from Canadian exchange to repurchase up to 3.13M sharesSeeking Alpha · Oct 30, 2026Some Republicans are opposing Trump on tariffs. Maine’s Susan Collins just got him to back down on Canadian levies.MarketWatch · Oct 26, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
5No pass
Benjamin Graham
39No pass
Philip Fisher
23No pass
Peter Lynch
6No pass
Joel Greenblatt
0No pass
Charlie Munger
10No pass
Terry Smith
14No pass
Questions about Canadian Solar
Is Canadian Solar a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Canadian Solar AI analysis
What does Canadian Solar do?
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. It is in Solar.
Does Canadian Solar pay a dividend?
No. Canadian Solar does not pay a dividend at the moment.
Is Canadian Solar stock halal?
No. Canadian Solar does not pass our halal screen: its debt is 1,112% of its market value, at or above the 33% limit. How we check
How has Canadian Solar stock done over the past year?
Down 64.7% over the past twelve months, to $10.04. It traded between $8.85 and $33.58 and is 70.1% below its high.
Who are Canadian Solar's competitors?
The largest listed companies in the same industry are First Solar, Tongwei Co.,Ltd, Jinko Solar and CSI Solar. The peers table on this page compares their profit, growth and price with Canadian Solar's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.