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

Shoals Technologies has reported Debt Ratio for 7 years, with the latest figure 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.
• The five-year high for Debt Ratio was 0.2 in Q1 2024, with the low at 0.0 in Q3 2023.
• Historically, Debt Ratio has averaged 0.14 across 5 years, with a median of 0.17 in 2025.
• Annual changes were most pronounced in 2023 — Debt Ratio plunged 98.56% — and 2024, when it jumped 7331.1%.
• Shoals Technologies' Debt Ratio stood at 0.08 in 2022, then plunged by 40.79% to 0.05 in 2023, then surged by 259.17% to 0.18 in 2024, then fell by 15.37% to 0.15 in 2025, then gained 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.