Growth Metrics

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

Shoals Technologies' EBITDA Margin history spans 6 years, with the latest figure at 13.01% for Q4 2025.

  • For Q4 2025, EBITDA Margin fell 370.0% year-over-year to 13.01%; the TTM value through Dec 2025 reached 13.17%, down 93.0%, while the annual FY2025 figure was 13.17%, 90.0% down from the prior year.
  • EBITDA Margin reached 13.01% in Q4 2025 per SHLS's latest filing, down from 14.85% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 27.04% in Q2 2023 to a low of 7.35% in Q3 2023.
  • Average EBITDA Margin over 5 years is 16.43%, with a median of 16.77% recorded in 2021.
  • Peak YoY movement for EBITDA Margin: surged 1881bps in 2022, then crashed -2989bps in 2023.
  • A 5-year view of EBITDA Margin shows it 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.
  • Per Business Quant, the three most recent readings for SHLS's EBITDA Margin are 13.01% (Q4 2025), 14.85% (Q3 2025), and 15.7% (Q2 2025).