Shoals Technologies (SHLS) Debt Ratio (2020 - 2026)

Shoals Technologies (SHLS) has 7 years of Debt Ratio data on file, last reported at 0.18 in Q1 2026.

• For the quarter ending Q1 2026, Debt Ratio fell 1.94% year-over-year to 0.18; the trailing twelve-month figure through Mar 2026 stood at 0.18 (down 1.94% YoY), and the FY2025 full-year result was 0.15, down 15.37% from the prior year.
• Debt Ratio for Q1 2026 stood at 0.18, 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.
• The 5-year median for Debt Ratio is 0.17 (2025), against an average of 0.14.
• The widest annual swing landed in 2023, when Debt Ratio slumped 98.56%; it then jumped 7331.1% in 2024.
• A 5-year view of Debt Ratio shows it stood at 0.08 in 2022, then tumbled by 40.79% to 0.05 in 2023, then soared by 259.17% to 0.18 in 2024, then retreated by 15.37% to 0.15 in 2025, then advanced by 16.56% to 0.18 in 2026.
• The last three Debt Ratio figures came in at 0.18 (Q1 2026), 0.15 (Q4 2025), and 0.15 (Q3 2025), per Business Quant data.

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