Growth Metrics

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

Shoals Technologies' Debt Ratio history spans 6 years, with the latest figure at 0.15 for Q4 2025.

  • For Q4 2025, Debt Ratio fell 15.37% year-over-year to 0.15; the TTM value through Dec 2025 reached 0.15, down 15.37%, while the annual FY2025 figure was 0.15, 15.37% down from the prior year.
  • Debt Ratio reached 0.15 in Q4 2025 per SHLS's latest filing, up from 0.15 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.2 in Q1 2024 to a low of 0.0 in Q3 2023.
  • Average Debt Ratio over 5 years is 0.14, with a median of 0.17 recorded in 2025.
  • Peak YoY movement for Debt Ratio: tumbled 98.56% in 2023, then surged 7331.1% in 2024.
  • A 5-year view of Debt Ratio shows it 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.
  • Per Business Quant, the three most recent readings for SHLS's Debt Ratio are 0.15 (Q4 2025), 0.15 (Q3 2025), and 0.17 (Q2 2025).