CSIQCanadian Solar Inc.
Semiconductors & Related Devices
- Revenue
- $5.6B
- 6.6% YoY
- Operating margin
- 0.8%
- 254% YoY
- EBITDA
- $598M
- 27% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 7.8×
- $4.6B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear0% of revenueOver 10% of revenue
- Payouts exceed cash flowClear-2% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear0% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $5.3B | $7.5B | $7.6B | $6.0B | $5.6B | 6.6% |
| Operating income | $190M | $356M | $453M | −$30M | $43M | 243% |
| Net income | — | — | $274M | $36M | −$104M | 389% |
| Operating cash flow | −$408M | $917M | $685M | −$885M | −$253M | 71% |
| Capex | $429M | $627M | $1.1B | $1.1B | $962M | 14% |
| Stock-based comp | $9M | $9M | $55M | $21M | $24M | 14% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.