Canadian Solar (MEX:CSIQN) Pretax Margin %: 0.81% (As of Mar. 2026) — 79% Below Median


MEX:CSIQN Canadian Solar Inc MEX:CSIQN
70 GF Score
Price MXN276.50
GF Value MXN260.83
Valuation Fairly Valued
! 9 Warning Signs
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What is Canadian Solar Pretax Margin %?

Canadian Solar MEX:CSIQN 70 Pretax Margin % is 0.81% as of Mar. 2026, which is 79% below its 10-year median of 3.92. GuruFocus rates MEX:CSIQN with a GF Score™ of 70/100 and a GF Value™ of MXN260.83 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,023 Semiconductors companies, Canadian Solar ranks worse than 64.81% on this metric.

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 Mar. 2026 was MXN157 Mil. Canadian Solar's Revenue for the three months ended in Mar. 2026 was MXN19,437 Mil. Therefore, Canadian Solar's pretax margin for the quarter that ended in Mar. 2026 was 0.81%.

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

MEX:CSIQN' s Pretax Margin % Range Over the Past 10 Years
Min: -2.52   Med: 3.92   Max: 7.97
Current: -0.66


MEX:CSIQN's Pretax Margin % is ranked worse than
64.81% of 1023 companies
in the Semiconductors industry
Industry Median: 5.08 vs MEX:CSIQN: -0.66

Canadian Solar  (MEX:CSIQN) 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


Canadian Solar Pretax Margin % Historical Data

* Premium members only.

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.

Canadian Solar Pretax Margin % Chart

Canadian Solar Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.62 4.77 5.37 -1.37 -2.52

Canadian Solar Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -8.00 4.79 -0.51 -9.74 0.81

MEX:CSIQN vs JKS, ARRY, TOYO: Pretax Margin % Comparison

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 Pretax Margin % vs 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.


MEX:CSIQN
70GF Score
Canadian Solar Inc MEX:CSIQN
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-2534.104/100743.818
=-2.52 %

Canadian Solar's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=156.614/19437.051
=0.81 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 0.81% mean?
Canadian Solar (MEX:CSIQN) has a Pretax Margin % of 0.81% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Canadian Solar and its competitors. This is 79% below median its historical median of 3.92. According to the industry distribution chart, Canadian Solar ranks #663 out of 1023 companies in the Semiconductors industry, placing it in the top 64.8%.
Is Canadian Solar's Pretax Margin % too high?
Canadian Solar's current Pretax Margin % of 0.81% is 79% below median its 10-year median of 3.92. The Semiconductors industry median Pretax Margin % is 5.08. Canadian Solar's value of 0.81% is 84.1% below this industry median. Based on the distribution chart, Canadian Solar ranks #663 out of 1023 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Canadian Solar has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canadian Solar's Pretax Margin % compare to JKS and ARRY?
According to the Semiconductors industry distribution chart, Canadian Solar ranks #663 out of 1023 companies for Pretax Margin %. This places Canadian Solar in the lower half of its industry. The industry median Pretax Margin % is 5.08. Canadian Solar's value of 0.81% is 84.1% below this benchmark. While the company's 10-year median is 3.92 vs. the industry median of 5.08, Canadian Solar has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Semiconductors company?
The median Pretax Margin % among Semiconductors companies is 5.08, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian Solar's current Pretax Margin % of 0.81% is 84.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Canadian Solar and its competitors. For the Semiconductors industry, the median Pretax Margin % is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Solar's current Pretax Margin % is 0.81%, which is 79% below median its own 10-year median of 3.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Solar stock overvalued right now?
Based on GuruFocus' analysis, Canadian Solar (MEX:CSIQN) is currently considered Fairly Valued. The stock's GF Value™ is MXN260.83, compared to a current price of MXN276.50 — trading 6% above its estimated fair value. The current Pretax Margin % is 0.81%, which is 79% below median its 10-year median of 3.92 and 84.1% below the Semiconductors industry median of 5.08. Canadian Solar's overall GF Score™ is 70/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Canadian Solar (MEX:CSIQN), the current Pretax Margin % is 0.81% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Canadian Solar (MEX:CSIQN) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Solar stock appears to be overvalued. The current stock price of MXN276.50 is trading 6% above its estimated GF Value™ of MXN260.83. GuruFocus considers Canadian Solar to be Fairly Valued.

Key valuation signals for MEX:CSIQN:

  • Pretax Margin %: 0.81% (79% below median its 10-year median of 3.92)
  • GF Value™: MXN260.83 vs. price of MXN276.50 (6% above fair value)
  • GF Score™: 70/100 with 9 warning signs
  • Industry Position: 84.1% below the Semiconductors median (#663 of 1023)

No single metric tells the full story. See the MEX:CSIQN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Canadian Solar Business Description

Other Exchanges CSIQ:USAL5A:Germany
Address 4273 King Street East, Suite 102, Kitchener, ON, CAN, N2P 2E9
Canadian Solar Inc is a Canadian solar technology and renewable energy company. It is a manufacturer of solar photovoltaic modules, a provider of battery energy storage solutions, and a developer of utility-scale solar power and battery energy storage projects. The company is organized in two segments: Manufacturing segment, comprising CS PowerTech, which focuses on manufacturing and sales of solar products, battery energy storage products, and other power technology products for the U.S. market and CSI Solar, which serves all other world-wide markets; and Recurrent Energy segment, which focuses on solar power and battery storage project development, asset sales, power services, and electricity revenue from its operating portfolio. It derives maximum revenue from Manufacturing segment.
70GF Score

Get the complete analysis for MEX:CSIQN

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN276.50
Price
MXN260.83
GF Value