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

Shoals Technologies' Asset Utilization Ratio history runs 6 years deep, the most recent figure standing at 0.55 for Q1 2026.

• Quarterly Asset Utilization Ratio rose 12.59% year-over-year to 0.55 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.55 (up 12.59% YoY) and the FY2025 annual result came in at 0.56, up 14.85% from the prior year.
• Asset Utilization Ratio was 0.55 for Q1 2026 at Shoals Technologies, up from 0.54 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.
• A 5-year average of 0.54 and a median of 0.53 in 2024 frame the typical range for Asset Utilization Ratio.
• Annual changes were most pronounced in 2022 — Asset Utilization Ratio tumbled 35.12% — and 2026, when it increased 12.59%.
• Shoals Technologies' 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 increased by 2.24% to 0.55 in 2026.
• Business Quant data shows SHLS's Asset Utilization Ratio at 0.55 in Q1 2026, 0.54 in Q4 2025, and 0.53 in Q3 2025.