GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Canadian Solar Inc (NAS:CSIQ) » Definitions » Pretax Margin %

Canadian Solar (Canadian Solar) Pretax Margin % : -0.88% (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Canadian Solar Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Canadian Solar's Pre-Tax Income for the three months ended in Dec. 2023 was $-15 Mil. Canadian Solar's Revenue for the three months ended in Dec. 2023 was $1,702 Mil. Therefore, Canadian Solar's pretax margin for the quarter that ended in Dec. 2023 was -0.88%.

The historical rank and industry rank for Canadian Solar's Pretax Margin % or its related term are showing as below:

CSIQ' s Pretax Margin % Range Over the Past 10 Years
Min: 2.62   Med: 4.37   Max: 10.84
Current: 6.79


CSIQ's Pretax Margin % is ranked better than
55.3% of 982 companies
in the Semiconductors industry
Industry Median: 4.76 vs CSIQ: 6.79

Canadian Solar Pretax Margin % Historical Data

The historical data trend for Canadian Solar's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canadian Solar Pretax Margin % Chart

Canadian Solar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.61 3.87 2.62 4.77 5.37

Canadian Solar Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.68 7.54 10.10 3.06 -0.88

Competitive Comparison of Canadian Solar's Pretax Margin %

For the Solar subindustry, Canadian Solar's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canadian Solar's Pretax Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Canadian Solar's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Canadian Solar's Pretax Margin % falls into.



Canadian Solar Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Canadian Solar's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=408.525/7613.626
=5.37 %

Canadian Solar's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-15.054/1702.037
=-0.88 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Canadian Solar  (NAS:CSIQ) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Canadian Solar Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Canadian Solar's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Canadian Solar (Canadian Solar) Business Description

Traded in Other Exchanges
Address
545 Speedvale Avenue West, Guelph, ON, CAN, N1K 1E6
Canadian Solar Inc is a Canadian solar power company. It is an integrated provider of solar power products, services, and system solutions. The company engages in designing, developing and manufacturing solar ingots, wafers, cells, modules and other solar power products. It operates through two business segments CSI Solar and Global Energy segment. The CSI Solar segment design, develop and manufacture solar ingots, wafers, cells, modules and other solar power and battery storage products. Its Energy segment primarily comprises solar and battery storage project development and sale, O&M and asset management services for operational projects, sale of electricity, and investment in retained assets.