Canadian Solar vs Microchip Technology
Canadian Solar is the larger business, with $5.60bn of revenue in fiscal 2025 against $4.71bn for Microchip Technology (1.2 times as much). Microchip Technology grew faster (7.1% against -6.6%). Microchip Technology kept more of each dollar of sales as profit: a net margin of 4.9% against -1.9%. Microchip Technology carries less debt relative to equity (86.1% against 299.1%).
| Latest fiscal year | Canadian SolarCSIQ, 2025 | Microchip TechnologyMCHP, 2026 |
|---|---|---|
| Revenue | $5.60bn | $4.71bn |
| Revenue growth | -6.6% | 7.1% |
| Net income | −$104m | $230m |
| Operating margin | 0.8% | 10.4% |
| Net margin | -1.9% | 4.9% |
| Return on equity | -3.7% | 3.4% |
| Free cash flow | −$1.21bn | $871m |
| Cash | $1.37bn | $240m |
| Total debt | $8.40bn | $5.54bn |
| Debt to equity | 299.1% | 86.1% |
| Dividend per share | — | $1.82 |
| Dividend yield | — | 2.4% |
| Share buybacks | $70.1m | $0 |
| Employees | — | 17,900 |
| Market value | $690m | $42.50bn |
| Price vs our value range | — | Above our value range |
| Moat score | — | 77 (Strong) |
| Insider trades, 12 months | 0 buys, 2 sales | 0 buys, 22 sales |