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

Shoals Technologies (SHLS) has 6 years of Asset Utilization Ratio data on file, last reported 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.
• Across five years, Asset Utilization Ratio topped out at 0.58 in Q4 2022 and bottomed at 0.49 in Q1 2025.
• The 5-year median for Asset Utilization Ratio is 0.53 (2024), against an average of 0.54.
• The widest annual swing landed in 2022, when Asset Utilization Ratio slumped 35.12%; it then advanced 12.59% in 2026.
• A 5-year view of Asset Utilization Ratio shows it stood at 0.58 in 2022, then fell by 0.12% to 0.58 in 2023, then dropped by 13.76% to 0.5 in 2024, then grew by 8.12% to 0.54 in 2025, then grew 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.

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