Shoals Technologies (SHLS) Asset Utilization Ratio (2021 - 2026)

Shoals Technologies (SHLS) has reported Asset Utilization Ratio for 6 consecutive years, with 0.57 the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Asset Utilization Ratio rose 13.57% year-over-year to 0.57; the trailing twelve-month figure through Jun 2026 stood at 0.57 (up 13.57% YoY), and the FY2025 full-year result was 0.56, up 14.85% from the prior year.
• Asset Utilization Ratio rose to 0.57 in Q2 2026 per SHLS's latest filing, from 0.55 in the prior quarter.
• Across five years, Asset Utilization Ratio topped out at 0.58 in Q4 2022 and bottomed at 0.49 in Q1 2025.
• Historically, Asset Utilization Ratio has averaged 0.54 across 5 years, with a median of 0.54 in 2024.
• The sharpest annual moves came in 2022 and 2026: Asset Utilization Ratio sank 35.12% in 2022, then gained 13.57% in 2026.
• Over 5 years, Asset Utilization Ratio stood at 0.58 in 2022, then retreated by 0.12% to 0.58 in 2023, then declined by 13.76% to 0.5 in 2024, then increased by 8.12% to 0.54 in 2025, then advanced by 6.08% to 0.57 in 2026.
• According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.57, 0.55, and 0.54 for Q2 2026, Q1 2026, and Q4 2025 respectively.