Growth Metrics

Shoals Technologies (SHLS) Debt Ratio (2020 - 2025)

Shoals Technologies (SHLS) has disclosed Debt Ratio for 6 consecutive years, with 0.15 as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Debt Ratio fell 15.37% year-over-year to 0.15, compared with a TTM value of 0.15 through Dec 2025, down 15.37%, and an annual FY2025 reading of 0.15, down 15.37% over the prior year.
  • Debt Ratio was 0.15 for Q4 2025 at Shoals Technologies, up from 0.15 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.2 in Q1 2024 and bottomed at 0.0 in Q3 2023.
  • Average Debt Ratio over 5 years is 0.14, with a median of 0.17 recorded in 2025.
  • The sharpest move saw Debt Ratio tumbled 98.56% in 2023, then surged 7331.1% in 2024.
  • Year by year, Debt Ratio stood at 0.13 in 2021, then plummeted by 37.28% to 0.08 in 2022, then plummeted by 40.79% to 0.05 in 2023, then skyrocketed by 259.17% to 0.18 in 2024, then decreased by 15.37% to 0.15 in 2025.
  • Business Quant data shows Debt Ratio for SHLS at 0.15 in Q4 2025, 0.15 in Q3 2025, and 0.17 in Q2 2025.