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

Shoals Technologies has reported Debt to Equity for 7 years, with the latest figure 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.
• The five-year high for Debt to Equity was $10.32 in Q2 2022, with the low at -$63.63 in Q1 2022.
• Historically, Debt to Equity has averaged -$2.75 across 5 years, with a median of $0.23 in 2025.
• Annual changes were most pronounced in 2022 — Debt to Equity slumped 6316.86% — and 2024, when it jumped 6720.27%.
• Shoals Technologies' Debt to Equity stood at $0.17 in 2022, then plunged by 53.61% to $0.08 in 2023, then jumped by 230.35% to $0.25 in 2024, then slipped by 10.47% to $0.23 in 2025, then jumped 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.