Shoals Technologies (SHLS) Enterprise Value (2021 - 2026)
Shoals Technologies (SHLS) posted Enterprise Value of $1.36 billion for Q3 2026, up 10.2% from $1.23 billion a year earlier but down 17.8% from the prior quarter.
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Analysis
Shoals Technologies (SHLS) Enterprise Value (2021 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Enterprise Value at Shoals Technologies was $1.33 billion, up 14.0% year-over-year; for FY2025, it was $1.41 billion, up 55.7% from FY2024.
- Annual Enterprise Value shows a four-year compound annual growth rate of -23.1% (FY2021 to FY2025).
- In prior years, Shoals Technologies' Enterprise Value was $908.68 million in FY2024 (-64.1%), $2.53 billion in FY2023 (-39.5%), $4.18 billion in FY2022 (+3.4%) and $4.04 billion in FY2021.
- Quarterly Enterprise Value has run from a low of $519.4 million in Q1 2025 to a high of $4.34 billion in Q2 2023 over five years.
- On a year-over-year basis, Enterprise Value has increased in each of the last five quarters, with growth averaging 22.0% over the last eight quarters.
- The strongest year-over-year quarter for Enterprise Value in the past five years was Q2 2026, with growth of 133.6%; the weakest was Q2 2024, with a decline of 75.9%.
- According to Business Quant data, Enterprise Value for the three prior quarters was $1.65 billion (Q2 2026), $1.1 billion (Q1 2026) and $1.41 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn |
| 10 | Shoals Technologies | 1.40 Bn | 1.36 Bn | 62.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.36 Bn |
| Jun 30, 2026 | 1.65 Bn |
| Mar 31, 2026 | 1.10 Bn |
| Dec 31, 2025 | 1.41 Bn |
| Sep 30, 2025 | 1.23 Bn |
| Jun 30, 2025 | 706.57 Mn |
| Mar 31, 2025 | 519.40 Mn |
| Dec 31, 2024 | 908.68 Mn |
| Sep 30, 2024 | 924.06 Mn |
| Jun 30, 2024 | 1.05 Bn |
| Mar 31, 2024 | 1.89 Bn |
| Dec 31, 2023 | 2.53 Bn |
| Sep 30, 2023 | 3.09 Bn |
| Jun 30, 2023 | 4.34 Bn |
| Mar 31, 2023 | 3.86 Bn |
| Dec 31, 2022 | 4.18 Bn |
| Sep 30, 2022 | 3.59 Bn |
| Jun 30, 2022 | 2.74 Bn |
| Mar 31, 2022 | 2.84 Bn |
| Dec 31, 2021 | 4.04 Bn |
API Access
Shoals Technologies Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=SHLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "SHLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();