Canadian Solar annual debt-to-ebitda ratio
2010
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2025
Canadian Solar Debt-to-EBITDA Ratio Growth & History (CSIQ)
Canadian Solar's debt-to-ebitda ratio was 10.92 for fiscal 2025.
View full Canadian Solar company overviewCanadian Solar annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 10.92 | 0.13 | +1.25% |
| 2024 | 2024-12-31 | 10.79 | 6.36 | +143.52% |
| 2023 | 2023-12-31 | 4.43 | 0.50 | +12.68% |
| 2022 | 2022-12-31 | 3.93 | −0.72 | −15.53% |
| 2021 | 2021-12-31 | 4.65 | 0.23 | +5.23% |
| 2020 | 2020-12-31 | 4.42 | −0.16 | −3.44% |
| 2019 | 2019-12-31 | 4.58 | 1.02 | +28.60% |
| 2018 | 2018-12-31 | 3.56 | −3.13 | −46.75% |
| 2017 | 2017-12-31 | 6.69 | −4.60 | −40.75% |
| 2016 | 2016-12-31 | 11.29 | 6.05 | +115.47% |
| 2015 | 2015-12-31 | 5.24 | 3.32 | +173.55% |
| 2014 | 2014-12-31 | 1.92 | −2.48 | −56.41% |
| 2013 | 2013-12-31 | 4.39 | — | — |
| 2011 | 2011-12-31 | 13.22 | 9.19 | +228.38% |
| 2010 | 2010-12-31 | 4.02 | — | — |
Canadian Solar quarterly debt-to-ebitda ratio
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 331.17 | — | — |
| Q1 2026 | 2026-03-31 | 50.78 | — | — |
| Q4 2025 | 2025-12-31 | 174.56 | — | — |
Canadian Solar debt-to-ebitda ratio trends
Over the last five fiscal years, Canadian Solar's debt-to-ebitda ratio increased from 4.42 to 10.92, a change of 6.50. The latest reported quarter, Q2 2026, shows 331.17.
About the metric
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
Calculation and source
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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