CSIQ vs JKS vs FSLR vs DQ vs RUN

For growth investors, Sunrun Inc.

(RUN) is the stronger pick with 45. 1% revenue growth year-over-year, versus -35. 3% for Daqo New Energy Corp. (DQ). Sunrun Inc. (RUN) offers the better valuation at 8. 1x trailing P/E (22. 8x forward), making it the more compelling value choice. Analysts rate Canadian Solar Inc. (CSIQ) a "Buy" — based on 33 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Sunrun Inc.

(RUN) is the cheapest at 8. 1x versus First Solar, Inc. at 15. 1x. On forward P/E, First Solar, Inc. is actually cheaper at 12. 0x — notably different from the trailing picture, reflecting expected earnings growth.

Over the past 5 years, First Solar, Inc.

(FSLR) delivered a total return of +187. 6%, compared to -75. 4% for Daqo New Energy Corp. (DQ). Over 10 years, the gap is even starker: FSLR returned +324. 1% versus CSIQ's +14. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), First Solar, Inc.

(FSLR) is the lower-risk stock at 1. 39β versus Sunrun Inc. 's 2. 89β — meaning RUN is approximately 108% more volatile than FSLR relative to the S&P 500. On balance sheet safety, First Solar, Inc. (FSLR) carries a lower debt/equity ratio of 5% versus 3% for Sunrun Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Sunrun Inc.

(RUN) is pulling ahead at 45. 1% versus -35. 3% for Daqo New Energy Corp. (DQ). On earnings-per-share growth, the picture is similar: Sunrun Inc. grew EPS 113. 3% year-over-year, compared to -1540. 3% for JinkoSolar Holding Co. , Ltd.. Over a 3-year CAGR, FSLR leads at 25. 8% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

First Solar, Inc.

(FSLR) is the more profitable company, earning 29. 3% net margin versus -25. 6% for Daqo New Energy Corp. — meaning it keeps 29. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: FSLR leads at 32. 3% versus -40. 6% for DQ. At the gross margin level — before operating expenses — FSLR leads at 40. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

On forward earnings alone, First Solar, Inc.

(FSLR) trades at 12. 0x forward P/E versus 22. 8x for Sunrun Inc. — 10. 7x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CSIQ: 63. 3% to $28. 88.

In this comparison, JKS (23.

5% yield) pays a dividend. CSIQ, FSLR, DQ, RUN do not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, JinkoSolar Holding Co.

, Ltd. (JKS) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (23. 5% yield). Canadian Solar Inc. (CSIQ) carries a higher beta of 2. 23 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (JKS: +40. 8%, CSIQ: +14. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

These companies operate in different sectors (CSIQ (Energy) and JKS (Energy) and FSLR (Energy) and DQ (Technology) and RUN (Energy)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.

In terms of investment character: CSIQ is a small-cap quality compounder stock; JKS is a small-cap income-oriented stock; FSLR is a mid-cap high-growth stock; DQ is a small-cap quality compounder stock; RUN is a small-cap high-growth stock. JKS pays a dividend while CSIQ, FSLR, DQ, RUN do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.