Canadian Solar vs ON Semiconductor
Canadian Solar and ON Semiconductor are similar in size: $5.60bn and $6.00bn of revenue in their latest fiscal years. Canadian Solar grew faster (-6.6% against -15.3%). ON Semiconductor kept more of each dollar of sales as profit: a net margin of 2.0% against -1.9%. ON Semiconductor carries less debt relative to equity (39.2% against 299.1%).
| Latest fiscal year | Canadian SolarCSIQ, 2025 | ON SemiconductorON, 2025 |
|---|---|---|
| Revenue | $5.60bn | $6.00bn |
| Revenue growth | -6.6% | -15.3% |
| Net income | −$104m | $121m |
| Operating margin | 0.8% | 1.4% |
| Net margin | -1.9% | 2.0% |
| Return on equity | -3.7% | 1.5% |
| Free cash flow | −$1.21bn | $1.42bn |
| Cash | $1.37bn | $2.15bn |
| Total debt | $8.40bn | $3.00bn |
| Debt to equity | 299.1% | 39.2% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $70.1m | $1.38bn |
| Employees | — | 26,400 |
| Market value | $690m | $28.13bn |
| Price vs our value range | — | Within our value range |
| Moat score | — | 76 (Strong) |
| Insider trades, 12 months | 0 buys, 2 sales | 0 buys, 15 sales |