Shoals Technologies (SHLS) EBT Margin (2020 - 2026)
Shoals Technologies' (SHLS) quarterly EBT Margin came in at 9.49% in Q2 2026, down 583.0% on a YoY basis from 1.96% in Q2 2025, and up 3553.88% quarter-over-quarter from 0.27% in Q1 2026.
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Shoals Technologies (SHLS) EBT Margin (2020 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has reported EBT Margin for 7 consecutive years, with 9.49% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT Margin fell 583.0% year-over-year to 9.49%; the trailing twelve-month figure through Jun 2026 stood at 7.59% (down 93.0% YoY), and the FY2025 full-year result was 10.21%, up 72.0% from the prior year.
- EBT Margin rose to 9.49% in Q2 2026 per SHLS's latest filing, from 0.27% 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.
- Historically, EBT Margin has averaged 16.68% across 5 years, with a median of 11.84% in 2025.
- The sharpest annual moves came in 2022 and 2023: EBT Margin soared 12649 bps in 2022, then slumped 10862 bps in 2023.
- Over 5 years, EBT Margin stood at 128.69% in 2022, then tumbled by 84 bps to 20.06% in 2023, then slumped by 36 bps to 12.79% in 2024, then retreated by 28 bps to 9.21% in 2025, then climbed by 3 bps to 9.49% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 9.49%, 0.27%, and 9.21% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 21.97 Bn | 20.25 Bn | 605.00 Mn | 43.49% |
| 2 | Nextpower | 12.81 Bn | 11.60 Bn | 335.85 Mn | 21.27% |
| 3 | Enphase Energy | 4.81 Bn | 3.87 Bn | 175.01 Mn | 21.21% |
| 4 | Solaredge Technologies | 2.10 Bn | 1.52 Bn | 95.15 Mn | -8.21% |
| 5 | T1 Energy | 1.29 Bn | 1.14 Bn | 49.10 Mn | -14.45% |
| 6 | Shoals Technologies | 1.20 Bn | 1.18 Bn | 49.53 Mn | 9.49% |
| 7 | Canadian Solar | 896.45 Mn | 597.20 Mn | 168.48 Mn | -5.58% |
| 8 | Array Technologies | 708.44 Mn | 401.13 Mn | 99.60 Mn | 9.27% |
| 9 | JinkoSolar Holding | 627.24 Mn | -480.04 Mn | 75.62 Mn | -10.51% |
| 10 | Toyo | 133.94 Mn | 23.90 Mn | 36.97 Mn | 18.14% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.49% |
| 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% |