Shoals Technologies (SHLS) EBT Margin (2020 - 2026)
Shoals Technologies (SHLS) posted EBT Margin of 0.27% for Q1 2026, down 102.98% on a QoQ basis from 9.21% in Q4 2025, and down 278.0% year-over-year from 0.15% in Q1 2025.
Shoals Technologies (SHLS) EBT Margin (2020 - 2026) Analysis & Trends
Shoals Technologies' EBT Margin history runs 7 years deep, the most recent figure standing at 0.27% for Q1 2026.
- Quarterly EBT Margin fell 278.0% year-over-year to 0.27% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 8.61% (up 21.0% YoY) and the FY2025 annual result came in at 10.21%, up 72.0% from the prior year.
- EBT Margin was 0.27% for Q1 2026 at Shoals Technologies, 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.
- A 5-year average of 17.1% and a median of 11.99% in 2022 frame the typical range for EBT Margin.
- Annual changes were most pronounced in 2022 — EBT Margin surged 12649 bps — and 2023, when it plunged 10862 bps.
- Shoals Technologies' 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 slumped by 103 bps to 0.27% in 2026.
- Business Quant data shows SHLS's EBT Margin at 0.27% in Q1 2026, 9.21% in Q4 2025, and 11.69% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 33.93% |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 18.13% |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -4.91% |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -9.84% |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -18.06% |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -40.19% |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | -0.27% |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -9.74% |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 1.85% |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 23.78% |
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% |