Which has grown faster, ARRY or CSIQ?

Over the past five years, ARRY grew revenue faster — ARRY at a 9.15% CAGR versus CSIQ at 2.21%.

How have ARRY and CSIQ total returns compared?

Over the past 5 years, ARRY delivered -26.47% and CSIQ delivered -20.01% annualized total return. Past performance doesn't predict future results.

Array Technologies, Inc. (ARRY) vs Canadian Solar Inc. (CSIQ)

A side-by-side comparison of Array Technologies, Inc. and Canadian Solar Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.

ARRY

Array Technologies, Inc.

$611M

$3.98EnergyDelayed quote: Oct 2, 2026, 2:25 PM EDT

CSIQ

Canadian Solar Inc.

$765M

$11.27EnergyDelayed quote: Oct 2, 2026, 2:25 PM EDT

Total return — ARRY vs CSIQ

growth of $100 · dividends reinvested · last 6y

ARRY -89.3% (-31.1%/yr)CSIQ -71.3% (-18.8%/yr)CSIQ compounded faster over this window

ARRY CSIQ

ARRY vs CSIQ: by the numbers

•CSIQ is the larger company ($765M vs $611M market cap).
•Both run net losses; CSIQ's is the smaller (-3.73% vs -7.25% net margin).
•ARRY grew revenue faster over the past five years (9.15% vs 2.21% CAGR).

Metrics side by side

Valuation

Metric	ARRY	CSIQ
Forward P/E	5.29	N/A
P/S ratio	0.52	0.15
P/B ratio	N/A	0.28
EV / EBITDA	10.76	66.03
FCF yield	22.03%	N/A

Profitability

Metric	ARRY	CSIQ
Gross margin	24.27%	16.43%
Operating margin	3.32%	-0.55%
Net margin	-7.25%	-3.73%
ROE	N/A	-6.76%
ROIC	3.49%	-0.22%

Growth (annualized)

Metric	ARRY	CSIQ
Revenue CAGR (5Y)	9.15%	2.21%
Total return CAGR (5Y)	-26.47%	-20.01%

Frequently asked

Which has grown faster, ARRY or CSIQ?: Over the past five years, ARRY grew revenue faster — ARRY at a 9.15% CAGR versus CSIQ at 2.21%.
How have ARRY and CSIQ total returns compared?: Over the past 5 years, ARRY delivered -26.47% and CSIQ delivered -20.01% annualized total return. Past performance doesn't predict future results.

Go deeper

Full ARRY analysis Full CSIQ analysis Interactive comparison tool

Dig into the metrics

Array Technologies ROE Canadian Solar ROE Array Technologies operating margin Canadian Solar operating margin Array Technologies revenue growth Canadian Solar revenue growth Array Technologies free cash flow Canadian Solar free cash flow

Array Technologies & Canadian Solar appear in these rankings

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Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 2, 2026.