KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

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

Shoals Technologies (SHLS) has disclosed Debt to Equity for 6 consecutive years, with $0.23 as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Debt to Equity fell 10.47% year-over-year to $0.23, compared with a TTM value of $0.23 through Dec 2025, down 10.47%, and an annual FY2025 reading of $0.23, down 10.47% over the prior year.
  • Debt to Equity was $0.23 for Q4 2025 at Shoals Technologies, up from $0.21 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.
  • Average Debt to Equity over 5 years is -$3.14, with a median of $0.19 recorded in 2022.
  • The sharpest move saw Debt to Equity tumbled 6316.86% in 2022, then surged 6720.27% in 2024.
  • Year by year, Debt to Equity 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.
  • Business Quant data shows Debt to Equity for SHLS at $0.23 in Q4 2025, $0.21 in Q3 2025, and $0.23 in Q2 2025.