Shoals Technologies SHLS
NASDAQ SHLS
$8.13 +0.03 (+0.37%)
At close: Oct 1, 2026 · 4:00 PM EDT

Shoals Technologies (SHLS) Dividend Coverage Ratio (2020 - 2023)

Updated

Shoals Technologies' Dividend Coverage Ratio was 15.21 in FY2023, down 7.5% from 16.44 in FY2022.

Analysis

Shoals Technologies (SHLS) Dividend Coverage Ratio (2020 - 2023) Analysis & Trends

From FY2019 onward, Shoals Technologies has reported Dividend Coverage Ratio for 5 years.

  • Annual Dividend Coverage Ratio has moved between 0.09 (FY2020) and 16.44 (FY2022) over five years.
  • Per Business Quant data, Dividend Coverage Ratio in earlier years was 16.44 in FY2022, 0.49 in FY2021 (+440.6%), 0.09 in FY2020 (-95.0%) and 1.80 in FY2019.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Div. Cover (Qtr)
1 GE Vernova 252.99 Bn 214.06 Bn 2.36 Bn -
2 Bloom Energy 81.25 Bn 73.07 Bn 355.57 Mn -
3 First Solar 18.82 Bn 9.78 Bn 605.00 Mn -
4 BWX Technologies 12.55 Bn 10.85 Bn 202.31 Mn 3.61
5 Generac Holdings 12.21 Bn 11.04 Bn 521.81 Mn -
6 Nextpower 11.82 Bn 7.71 Bn 335.85 Mn -
7 EnerSys 6.67 Bn 4.86 Bn 313.36 Mn -
8 Enphase Energy 4.36 Bn -500.13 Mn 175.01 Mn -
9 Mirion Technologies 3.45 Bn 1.34 Bn 133.10 Mn -
10 Shoals Technologies 1.36 Bn 1.33 Bn 49.53 Mn -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2023 5.44
Sep 30, 2022 2.49
Jun 30, 2022 2.70
Mar 31, 2022 0.90
Sep 30, 2021 1.33
Jun 30, 2021 1.53
Dec 31, 2020 0.01
Sep 30, 2020 1.35
Mar 31, 2020 43.43
API Access

Shoals Technologies Dividend Coverage Ratio API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=SHLS&period=max&api_key=YOUR_API_KEY