Shoals Technologies (SHLS) EBT Margin (2020 - 2026)
Shoals Technologies posted quarterly EBT Margin of 0.27% for Q1 2026, down 278.0% year-on-year from 0.15% in Q1 2025, and down 102.98% on a QoQ basis from 9.21% in Q4 2025.
Shoals Technologies (SHLS) has 7 years of EBT Margin data on file, last reported at 0.27% in Q1 2026.
- For the quarter ending Q1 2026, EBT Margin fell 278.0% year-over-year to 0.27%; the trailing twelve-month figure through Mar 2026 stood at 8.61% (up 21.0% YoY), and the FY2025 full-year result was 10.21%, up 72.0% from the prior year.
- EBT Margin for Q1 2026 stood at 0.27%, down from 9.21% in the prior quarter.
- Across five years, EBT Margin topped out at 128.69% in Q4 2022 and bottomed at 12.27% in Q3 2023.
- The 5-year median for EBT Margin is 11.99% (2022), against an average of 17.1%.
- The widest annual swing landed in 2022, when EBT Margin surged 12649 bps; it then tumbled 10862 bps in 2023.
- A 5-year view of EBT Margin shows it stood at 128.69% in 2022, then plunged by 84 bps to 20.06% in 2023, then tumbled by 36 bps to 12.79% in 2024, then fell by 28 bps to 9.21% in 2025, then tumbled by 103 bps to 0.27% in 2026.
- The last three EBT Margin figures came in at 0.27% (Q1 2026), 9.21% (Q4 2025), and 11.69% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 33.93% |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 18.13% |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -0.55% |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -4.91% |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -18.06% |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -40.19% |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | -0.27% |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 1.85% |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -9.84% |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | -7.60% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.27% |
| Dec 31, 2025 | 9.21% |
| Sep 30, 2025 | 11.69% |
| Jun 30, 2025 | 15.31% |
| Mar 31, 2025 | 2.51% |
| Dec 31, 2024 | 12.79% |
| Sep 30, 2024 | 1.41% |
| Jun 30, 2024 | 15.64% |
| Mar 31, 2024 | 7.95% |
| Dec 31, 2023 | 20.06% |
| Sep 30, 2023 | -12.27% |
| Jun 30, 2023 | 21.08% |
| Mar 31, 2023 | 19.13% |
| Dec 31, 2022 | 128.69% |
| Sep 30, 2022 | 16.75% |
| Jun 30, 2022 | 11.99% |
| Mar 31, 2022 | 9.08% |
| Dec 31, 2021 | 2.20% |
| Sep 30, 2021 | 6.63% |
| Jun 30, 2021 | 14.76% |
| Mar 31, 2021 | -21.51% |
| Dec 31, 2020 | 10.96% |
| Sep 30, 2020 | 28.52% |
| Jun 30, 2020 | 12.03% |
| Mar 31, 2020 | 22.82% |