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

Shoals Technologies has reported Asset Utilization Ratio for 6 years, with the latest figure at 0.55 in Q1 2026.

• For the quarter ending Q1 2026, Asset Utilization Ratio rose 12.59% year-over-year to 0.55; the trailing twelve-month figure through Mar 2026 stood at 0.55 (up 12.59% YoY), and the FY2025 full-year result was 0.56, up 14.85% from the prior year.
• Asset Utilization Ratio for Q1 2026 stood at 0.55, up from 0.54 in the prior quarter.
• The five-year high for Asset Utilization Ratio was 0.58 in Q4 2022, with the low at 0.49 in Q1 2025.
• Historically, Asset Utilization Ratio has averaged 0.54 across 5 years, with a median of 0.53 in 2024.
• Annual changes were most pronounced in 2022 — Asset Utilization Ratio plunged 35.12% — and 2026, when it advanced 12.59%.
• Shoals Technologies' Asset Utilization Ratio stood at 0.58 in 2022, then declined by 0.12% to 0.58 in 2023, then slipped by 13.76% to 0.5 in 2024, then climbed by 8.12% to 0.54 in 2025, then climbed by 2.24% to 0.55 in 2026.
• The last three Asset Utilization Ratio figures came in at 0.55 (Q1 2026), 0.54 (Q4 2025), and 0.53 (Q3 2025), per Business Quant data.