Growth Metrics

Shoals Technologies (SHLS) Debt to Equity (2020 - 2025)

Shoals Technologies' Debt to Equity history spans 6 years, with the latest figure at $0.23 for Q4 2025.

  • For Q4 2025, Debt to Equity fell 10.47% year-over-year to $0.23; the TTM value through Dec 2025 reached $0.23, down 10.47%, while the annual FY2025 figure was $0.23, 10.47% down from the prior year.
  • Debt to Equity reached $0.23 in Q4 2025 per SHLS's latest filing, up from $0.21 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $10.32 in Q2 2022 to a low of -$63.63 in Q1 2022.
  • Average Debt to Equity over 5 years is -$3.14, with a median of $0.19 recorded in 2022.
  • Peak YoY movement for Debt to Equity: tumbled 6316.86% in 2022, then surged 6720.27% in 2024.
  • A 5-year view of Debt to Equity shows it stood at -$7.62 in 2021, then skyrocketed by 102.18% to $0.17 in 2022, then tumbled by 53.61% to $0.08 in 2023, then soared by 230.35% to $0.25 in 2024, then decreased by 10.47% to $0.23 in 2025.
  • Per Business Quant, the three most recent readings for SHLS's Debt to Equity are $0.23 (Q4 2025), $0.21 (Q3 2025), and $0.23 (Q2 2025).