Shoals Technologies (SHLS) EV to EBIT (2021 - 2026)
Shoals Technologies' (SHLS) EV to EBIT was 26.40 for Q2 2026, up 54.4% from 17.10 a year earlier and up 43.2% from the prior quarter.
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Analysis
Shoals Technologies (SHLS) EV to EBIT (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Shoals Technologies' EV to EBIT came in at 26.11, up 69.6% year-over-year; for FY2025, it was 25.11, up 43.0% from FY2024.
- By year, EV to EBIT came in at 17.56 in FY2024 (-47.0%), 33.16 in FY2023 (-47.4%), 62.99 in FY2022 (-43.5%) and 111.48 in FY2021.
- The Q2 2026 figure ranks as the highest quarterly EV to EBIT since Q1 2024.
- Year over year, EV to EBIT has now increased in each of the last four quarters, with growth averaging 2.8% over the last eight quarters.
- The high point for year-over-year EV to EBIT in five years was Q3 2025 (growth of 60.0%); the low point was Q3 2024 (a decline of 68.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 18.43 (Q1 2026), 25.11 (Q4 2025) and 22.21 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn |
| 10 | Shoals Technologies | 1.36 Bn | 1.33 Bn | 49.53 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.40 |
| Mar 31, 2026 | 18.43 |
| Dec 31, 2025 | 25.11 |
| Sep 30, 2025 | 22.21 |
| Jun 30, 2025 | 17.10 |
| Mar 31, 2025 | 11.83 |
| Dec 31, 2024 | 17.56 |
| Sep 30, 2024 | 13.88 |
| Jun 30, 2024 | 20.35 |
| Mar 31, 2024 | 29.29 |
| Dec 31, 2023 | 33.16 |
| Sep 30, 2023 | 43.87 |
| Jun 30, 2023 | 42.91 |
| Mar 31, 2023 | 46.88 |
| Dec 31, 2022 | 62.99 |
| Sep 30, 2022 | 78.69 |
| Jun 30, 2022 | 77.73 |
| Mar 31, 2022 | 78.03 |
| Dec 31, 2021 | 111.48 |
| Sep 30, 2021 | 113.63 |
API Access
Shoals Technologies EV to EBIT 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=ev-to-ebit&ticker=SHLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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=ev-to-ebit&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();