Canadian Solar Past Earnings Performance
Past criteria checks 1/6
Canadian Solar has been growing earnings at an average annual rate of 4.4%, while the Semiconductor industry saw earnings growing at 20.7% annually. Revenues have been growing at an average rate of 21% per year. Canadian Solar's return on equity is 3.2%, and it has net margins of 0.6%.
Key information
4.4%
Earnings growth rate
1.6%
EPS growth rate
| Semiconductor Industry Growth | 27.7% |
| Revenue growth rate | 21.0% |
| Return on equity | 3.2% |
| Net Margin | 0.6% |
| Next Earnings Update | 05 Dec 2024 |
Recent past performance updates
Recent updates
Canadian Solar May Surprise In Q3 Call After Stock Nosedives Post-Election
Nov 15Canadian Solar: An Upcycle Is On The Horizon
Oct 25Canadian Solar's Recent Recovery May Not Last, Warranting A Downgrade To Neutral
Oct 09Canadian Solar: Slight Growth Cannot Remove Concerns Over Operations In China
Sep 10Why Investors Shouldn't Be Surprised By Canadian Solar Inc.'s (NASDAQ:CSIQ) 27% Share Price Plunge
Aug 29
Be Wary Of Canadian Solar (NASDAQ:CSIQ) And Its Returns On Capital
Aug 03Canadian Solar: Oversold Here - Compelling Value And Growth Investment Thesis
Jul 13Canadian Solar: High-Risk Reward Investment
Jul 01Is It Time To Consider Buying Canadian Solar Inc. (NASDAQ:CSIQ)?
Jun 20Canadian Solar: Risky, But Huge Potential Upside
May 29The Market Lifts Canadian Solar Inc. (NASDAQ:CSIQ) Shares 26% But It Can Do More
May 29Canadian Solar: Rising Chinese Production Pushes Global Market Into Glut
May 14Canadian Solar Inc. (NASDAQ:CSIQ) Analysts Just Slashed This Year's Estimates
May 12Returns On Capital At Canadian Solar (NASDAQ:CSIQ) Paint A Concerning Picture
Apr 30Canadian Solar: Overstated Tariff Fears Offer Excellent Pay-Off
Apr 24Impressive Earnings May Not Tell The Whole Story For Canadian Solar (NASDAQ:CSIQ)
Mar 21At US$19.66, Is Canadian Solar Inc. (NASDAQ:CSIQ) Worth Looking At Closely?
Mar 06Canadian Solar: An Undervalued Canadian Company With International Operations
Feb 23Is Canadian Solar Inc. (NASDAQ:CSIQ) Worth US$22.1 Based On Its Intrinsic Value?
Feb 09Canadian Solar: Too Cheap To Ignore
Jan 25Is It Too Late To Consider Buying Canadian Solar Inc. (NASDAQ:CSIQ)?
Oct 04Canadian Solar (NASDAQ:CSIQ) May Have Issues Allocating Its Capital
Aug 12An Intrinsic Calculation For Canadian Solar Inc. (NASDAQ:CSIQ) Suggests It's 27% Undervalued
Jul 13Is It Too Late To Consider Buying Canadian Solar Inc. (NASDAQ:CSIQ)?
Jun 12Canadian Solar's (NASDAQ:CSIQ) Returns Have Hit A Wall
May 12Why Canadian Solar Inc. (NASDAQ:CSIQ) Could Be Worth Watching
Jan 26Canadian Solar (NASDAQ:CSIQ) Is Looking To Continue Growing Its Returns On Capital
Jan 05Is There Now An Opportunity In Canadian Solar Inc. (NASDAQ:CSIQ)?
Oct 16Revenue & Expenses Breakdown
How Canadian Solar makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 6,513 | 37 | 826 | 120 |
| 31 Mar 24 | 7,241 | 203 | 820 | 118 |
| 31 Dec 23 | 7,614 | 274 | 804 | 101 |
| 30 Sep 23 | 7,883 | 353 | 763 | 90 |
| 30 Jun 23 | 7,969 | 410 | 817 | 79 |
| 31 Mar 23 | 7,920 | 314 | 836 | 74 |
| 31 Dec 22 | 7,469 | 240 | 841 | 70 |
| 30 Sep 22 | 7,026 | 188 | 899 | 69 |
| 30 Jun 22 | 6,323 | 145 | 815 | 64 |
| 31 Mar 22 | 5,438 | 82 | 722 | 59 |
| 31 Dec 21 | 5,277 | 95 | 702 | 58 |
| 30 Sep 21 | 4,789 | 76 | 611 | 49 |
| 30 Jun 21 | 4,474 | 50 | 536 | 50 |
| 31 Mar 21 | 3,740 | 59 | 484 | 48 |
| 31 Dec 20 | 3,476 | 147 | 438 | 45 |
| 30 Sep 20 | 3,356 | 208 | 408 | 45 |
| 30 Jun 20 | 3,201 | 257 | 406 | 43 |
| 31 Mar 20 | 3,541 | 299 | 418 | 44 |
| 31 Dec 19 | 3,201 | 172 | 401 | 47 |
| 30 Sep 19 | 3,182 | 215 | 404 | 52 |
| 30 Jun 19 | 3,190 | 224 | 392 | 51 |
| 31 Mar 19 | 2,804 | 177 | 378 | 48 |
| 31 Dec 18 | 3,745 | 237 | 380 | 44 |
| 30 Sep 18 | 3,952 | 187 | 374 | 37 |
| 30 Jun 18 | 4,096 | 134 | 373 | 34 |
| 31 Mar 18 | 4,138 | 156 | 369 | 33 |
| 31 Dec 17 | 3,390 | 100 | 375 | 29 |
| 30 Sep 17 | 2,950 | 25 | 360 | 23 |
| 30 Jun 17 | 2,695 | 27 | 342 | 21 |
| 31 Mar 17 | 2,809 | 29 | 345 | 19 |
| 31 Dec 16 | 2,853 | 65 | 326 | 17 |
| 30 Sep 16 | 3,305 | 141 | 305 | 19 |
| 30 Jun 16 | 3,497 | 156 | 311 | 18 |
| 31 Mar 16 | 3,328 | 133 | 277 | 18 |
| 31 Dec 15 | 3,468 | 172 | 290 | 17 |
| 30 Sep 15 | 3,304 | 185 | 281 | 16 |
| 30 Jun 15 | 3,368 | 259 | 246 | 15 |
| 31 Mar 15 | 3,355 | 297 | 229 | 13 |
| 31 Dec 14 | 2,961 | 240 | 205 | 12 |
| 30 Sep 14 | 2,524 | 185 | 188 | 12 |
| 30 Jun 14 | 2,100 | 108 | 208 | 12 |
| 31 Mar 14 | 1,857 | 40 | 194 | 12 |
| 31 Dec 13 | 1,654 | 32 | 165 | 12 |
Quality Earnings: CSIQ has a high level of non-cash earnings.
Growing Profit Margin: CSIQ's current net profit margins (0.6%) are lower than last year (5.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CSIQ's earnings have grown by 4.4% per year over the past 5 years.
Accelerating Growth: CSIQ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CSIQ had negative earnings growth (-91.1%) over the past year, making it difficult to compare to the Semiconductor industry average (-3.9%).
Return on Equity
High ROE: CSIQ's Return on Equity (3.2%) is considered low.