Energy - Solar - NASDAQ - CA
$ 10.99
-6.63 %
$ 727 M
Market Cap
23.38
P/E
INCOME STATEMENT
7.61 B
REVENUE
453 M
OPERATING INCOME
274 M
NET INCOME
EFFICIENCY
Earnings Waterfall
Canadian Solar Inc.
| Revenue | 7.61 B |
| Cost Of Revenue | 6.33 B |
| Gross Profit | 1.28 B |
| Operating Expenses | 911 M |
| Operating Income | 453 M |
| Other Expenses | 179 M |
| Net Income | 274 M |
Income Statement
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | Dec-2010 | Dec-2009 | Dec-2008 | Dec-2007 | Dec-2006 | Dec-2005 | Dec-2004 | Dec-2003 | Dec-2002 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | ||||||||||||||||||||||
| Revenue | 7 613.6 | 7 468.6 | 5 277.2 | 3 476.5 | 3 200.6 | 3 744.5 | 3 390.4 | 2 853.1 | 3 467.6 | 2 960.6 | 1 654.4 | 1 294.8 | 1 898.9 | 1 495.5 | 663.8 | 705.0 | 302.8 | 68.2 | 18.3 | 9.7 | 4.1 | 4.0 |
| GROSS PROFIT | ||||||||||||||||||||||
| Cost Of Revenue | 6 333.6 | 6 205.5 | 4 367.9 | 2 786.6 | 2 482.1 | 2 969.4 | 2 752.8 | 2 435.9 | 2 890.9 | 2 379.6 | 1 378.7 | 1 204.5 | 1 716.6 | 1 266.7 | 565.6 | 634.0 | 279.0 | 55.9 | 11.2 | 6.5 | 2.4 | 2.6 |
| Gross Profit | 1 280.0 | 1 263.1 | 909.3 | 689.9 | 718.5 | 775.1 | 637.6 | 417.2 | 576.8 | 581.0 | 275.7 | 90.4 | 182.3 | 228.8 | 98.2 | 71.0 | 23.8 | 12.3 | 7.1 | 3.2 | 1.7 | 1.4 |
| OPERATING INCOME | ||||||||||||||||||||||
| Operating Expenses | 911.0 | 907.1 | 718.9 | 469.5 | 459.6 | 410.4 | 368.3 | 324.0 | 329.4 | 214.7 | 144.9 | 232.9 | 175.4 | 108.5 | 55.5 | 46.9 | 239.7 | 11.2 | 1.9 | 1.4 | 1.1 | 0.5 |
| Selling, General and Administrative Expenses | 810.2 | 901.1 | 707.6 | 449.8 | 423.1 | 410.8 | 387.0 | 349.2 | 312.3 | 202.6 | 133.2 | 219.9 | 155.6 | 101.6 | 52.3 | 45.1 | 24.7 | 10.8 | 1.9 | 1.3 | 1.1 | 0.4 |
| Research and Development Expenses | 100.8 | 69.8 | 58.4 | 45.2 | 47.0 | 44.2 | 28.8 | 17.4 | 17.1 | 12.1 | 11.7 | 13.0 | 19.8 | 6.8 | 3.2 | 1.8 | 1.0 | 0.4 | 16.4 K | 40.6 K | 19.8 K | 0 |
| Operating Income | 453.3 | 356.1 | (81.3) | 20.6 | 111.2 | 364.7 | 269.3 | 93.2 | 247.4 | 366.3 | 130.8 | (142.5) | 6.8 | 120.3 | 42.7 | 24.1 | (2.0) | 1.1 | 5.2 | 1.8 | 0.6 | 0.9 |
| PRE-TAX INCOME | ||||||||||||||||||||||
| Interest Income Expense | 114.1 | 74.3 | 58.2 | 71.9 | 81.3 | 106.0 | 118.0 | 69.7 | 54.1 | 48.9 | 46.2 | 53.3 | 43.8 | 22.2 | 9.5 | 11.3 | 2.4 | 2.2 | 0.2 | 0 | 0 | 0 |
| Total Other Income | (44.8) | 0.4 | (51.9) | (85.9) | (79.2) | (63.6) | (105.4) | 11.5 | (23.9) | (45.5) | (43.0) | (56.1) | (81.2) | (52.7) | (21.2) | (23.5) | 1.6 | (10.1) | (0.8) | 21 K | (0.2) | (0.2) |
| Pre-Tax Income | 408.5 | 356.5 | 138.5 | 134.5 | 179.7 | 298.5 | 134.5 | 87.7 | 223.5 | 320.8 | 56.3 | (198.6) | (74.4) | 67.6 | 57.7 | 0.5 | (0.4) | (9.0) | 4.4 | 1.8 | 0.4 | 0.7 |
| NET INCOME | ||||||||||||||||||||||
| Tax Provision | 59.5 | 73.4 | 35.8 | (2.0) | 42.1 | 62.0 | 41.0 | 18.0 | 49.5 | 77.4 | 7.6 | (5.4) | 16.5 | 16.8 | 4.4 | 9.9 | (0.2) | 0.4 | 0.6 | 0.4 | 33.6 K | 81 K |
| Net Income | 274.2 | 240.0 | 95.2 | 146.7 | 171.6 | 237.1 | 99.6 | 65.2 | 171.9 | 239.5 | 31.7 | (195.5) | (90.8) | 50.6 | 53.1 | (9.4) | (0.2) | (9.4) | 3.8 | 1.5 | 0.8 | 0.6 |
| EPS | 4.27 | 3.73 | 1.55 | 2.46 | 2.88 | 3.88 | 1.71 | 1.13 | 3.08 | 4.4 | 0.68 | 4.53 | 2.11 | 1.18 | 0.61 | 0.3 | 0.0077 | 0.5 | 0.25 | 0.09 | 0.05 | 0.04 |