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

Shoals Technologies' Debt Ratio history runs 7 years deep, the most recent figure standing at 0.18 for Q1 2026.

• Quarterly Debt Ratio fell 1.94% year-over-year to 0.18 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.18 (down 1.94% YoY) and the FY2025 annual result came in at 0.15, down 15.37% from the prior year.
• Debt Ratio was 0.18 for Q1 2026 at Shoals Technologies, up from 0.15 in the prior quarter.
• Across five years, Debt Ratio topped out at 0.6 in Q1 2022 and bottomed at 0.03 in Q2 2023.
• A 5-year average of 0.22 and a median of 0.18 in 2024 frame the typical range for Debt Ratio.
• Annual changes were most pronounced in 2022 — Debt Ratio tumbled 85.61% — and 2024, when it jumped 592.75%.
• Shoals Technologies' Debt Ratio stood at 0.08 in 2022, then soared by 158.61% to 0.22 in 2023, then retreated by 17.77% to 0.18 in 2024, then decreased by 15.37% to 0.15 in 2025, then climbed by 16.56% to 0.18 in 2026.
• Business Quant data shows SHLS's Debt Ratio at 0.18 in Q1 2026, 0.15 in Q4 2025, and 0.15 in Q3 2025.