Saturday 17 October 2026
Export DQ’s income statement to Excel — free account
DAQO New Energy Corp.
DQ Technology Solar
DAQO New Energy Corp.’s revenue for fiscal 2025 (year ended December 2025) was $665.4 million, down 35.3% from fiscal 2024. In the quarter to June 2026, revenue fell 16.7%, EPS fell 5.26% and free cash flow fell 60.4%, each against the same quarter a year earlier.
10.23
0.42
−3.94%
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DAQO New Energy Corp. (DQ) P/E ratio
DAQO New Energy Corp. has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (October 2026) to 68.7× (February 2021) — the current reading is the lowest in ten years.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 0.0× | — |
| FY2024 | 0.0× | — |
| FY2023 | 4.6× | 183.87% |
| FY2022 | 1.6× | (58.78%) |
| FY2021 | 3.9× | (87.58%) |
| FY2020 | 31.7× | 33.84% |
| FY2019 | 23.7× | 248.47% |
| FY2018 | 6.8× | (4.63%) |
| FY2017 | 7.1× | 49.47% |
| FY2016 | 4.8× | (64.46%) |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 0.0× | — |
| Mar 2026 | 0.0× | — |
| Dec 2025 | 0.0× | — |
| Sep 2025 | 0.0× | — |
| 42 more quarters | Free account |
Against its own ten years
Low 0.0×
High 68.7×
Ten-year median
4.9×
Current reading's percentile
22
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| JKS JinkoSolar Holding Company Limited compare | n/m |
| SEDG SolarEdge Technologies, Inc. compare | n/m |
| DQ DAQO New Energy Corp. | n/m |
| ARRY Array Technologies, Inc. compare | n/m |
| SPWR CSLM Acquisition Corp. compare | n/m |
| TOYO TOYO Co., Ltd. compare | 3.5× |
| RUN Sunrun Inc. compare | 4.3× |
| ENPH Enphase Energy, Inc. compare | 30.0× |
| SHLS Shoals Technologies Group, Inc. compare | 38.1× |
| Solar industry median | 10.6× |
| Technology sector median | 28.2× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)