Growth Metrics

Shoals Technologies (SHLS) EBITDA Margin (2020 - 2025)

Shoals Technologies (SHLS) has disclosed EBITDA Margin for 6 consecutive years, with 13.01% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, EBITDA Margin fell 370.0% year-over-year to 13.01%, compared with a TTM value of 13.17% through Dec 2025, down 93.0%, and an annual FY2025 reading of 13.17%, down 90.0% over the prior year.
  • EBITDA Margin was 13.01% for Q4 2025 at Shoals Technologies, down from 14.85% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 27.04% in Q2 2023 and bottomed at 7.35% in Q3 2023.
  • Average EBITDA Margin over 5 years is 16.43%, with a median of 16.77% recorded in 2021.
  • The sharpest move saw EBITDA Margin surged 1881bps in 2022, then crashed -2989bps in 2023.
  • Year by year, EBITDA Margin stood at 6.41% in 2021, then soared by 293bps to 25.22% in 2022, then decreased by 0bps to 25.12% in 2023, then plummeted by -33bps to 16.72% in 2024, then fell by -22bps to 13.01% in 2025.
  • Business Quant data shows EBITDA Margin for SHLS at 13.01% in Q4 2025, 14.85% in Q3 2025, and 15.7% in Q2 2025.