Shoals Technologies (SHLS) Debt to Equity (2020 - 2026)

Shoals Technologies (SHLS) has 7 years of Debt to Equity data on file, last reported at $0.3 in Q1 2026.

• For the quarter ending Q1 2026, Debt to Equity rose 19.11% year-over-year to $0.3; the trailing twelve-month figure through Mar 2026 stood at $0.3 (up 19.11% YoY), and the FY2025 full-year result was $0.23, down 10.47% from the prior year.
• Debt to Equity for Q1 2026 stood at $0.3, up from $0.23 in the prior quarter.
• Across five years, Debt to Equity topped out at $10.32 in Q2 2022 and bottomed at -$63.63 in Q1 2022.
• The 5-year median for Debt to Equity is $0.23 (2025), against an average of -$2.75.
• The widest annual swing landed in 2022, when Debt to Equity plunged 6316.86%; it then jumped 6720.27% in 2024.
• A 5-year view of Debt to Equity shows it stood at $0.17 in 2022, then tumbled by 53.61% to $0.08 in 2023, then surged by 230.35% to $0.25 in 2024, then dropped by 10.47% to $0.23 in 2025, then surged by 32.54% to $0.3 in 2026.
• The last three Debt to Equity figures came in at $0.3 (Q1 2026), $0.23 (Q4 2025), and $0.21 (Q3 2025), per Business Quant data.

Peer Comparison