Shoals Technologies SHLS
NASDAQ SHLS
$7.06 -0.36 (-4.85%)
As of: Sep 9, 2026 · 3:59 PM EDT

Shoals Technologies (SHLS) EV to CFO (2021 - 2026)

Shoals Technologies' (SHLS) quarterly EV to CFO came in at 242.41 in Q2 2026, up 574.17% on a YoY basis from 35.96 in Q2 2025, and up 1011.69% quarter-over-quarter from 26.59 in Q1 2026.

Analysis

Shoals Technologies (SHLS) EV to CFO (2021 - 2026) Analysis & Trends

Shoals Technologies (SHLS) has reported EV to CFO for 6 consecutive years, with 242.41 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EV to CFO rose 574.17% year-over-year to 242.41; the trailing twelve-month figure through Jun 2026 stood at 85.47 (down 480.1% YoY), and the FY2025 full-year result was 82.97, up 642.15% from the prior year.
  • EV to CFO advanced to 242.41 in Q2 2026 per SHLS's latest filing, from 26.59 in the prior quarter.
  • Across five years, EV to CFO topped out at 389.77 in Q1 2023 and bottomed at 346.47 in Q4 2025.
  • Historically, EV to CFO has averaged 79.4 across 5 years, with a median of 81.67 in 2023.
  • The sharpest annual moves came in 2025 and 2026: EV to CFO plunged 639.27% in 2025, then jumped 574.17% in 2026.
  • Over 5 years, EV to CFO stood at 121.31 in 2022, then retreated by 18.31% to 99.1 in 2023, then sank by 35.17% to 64.25 in 2024, then slumped by 639.27% to 346.47 in 2025, then jumped by 169.97% to 242.41 in 2026.
  • According to Business Quant data, EV to CFO over the past three periods registered 242.41, 26.59, and 346.47 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 21.97 Bn 20.25 Bn 605.00 Mn
2 Nextpower 12.81 Bn 11.60 Bn 335.85 Mn
3 Enphase Energy 4.81 Bn 3.87 Bn 175.01 Mn
4 Solaredge Technologies 2.10 Bn 1.52 Bn 95.15 Mn
5 T1 Energy 1.29 Bn 1.14 Bn 49.10 Mn
6 Shoals Technologies 1.20 Bn 1.18 Bn 49.53 Mn
7 Canadian Solar 896.45 Mn 597.20 Mn 168.48 Mn
8 Array Technologies 708.44 Mn 401.13 Mn 99.60 Mn
9 JinkoSolar Holding 627.24 Mn -480.04 Mn 75.62 Mn
10 Toyo 133.94 Mn 23.90 Mn 36.97 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 242.41
Mar 31, 2026 -26.59
Dec 31, 2025 -346.47
Sep 30, 2025 63.44
Jun 30, 2025 -51.12
Mar 31, 2025 33.38
Dec 31, 2024 64.25
Sep 30, 2024 58.86
Jun 30, 2024 27.67
Mar 31, 2024 146.97
Dec 31, 2023 99.10
Sep 30, 2023 111.81
Jun 30, 2023 155.35
Mar 31, 2023 389.77
Dec 31, 2022 121.31
Sep 30, 2022 305.43
Jun 30, 2022 143.27
Mar 31, 2022 -109.69
Dec 31, 2021 1,555.96
Sep 30, 2021 622.12