Shoals Technologies (SHLS) EV to EBIT (2021 - 2026)
Shoals Technologies' (SHLS) EV to EBIT was 18.64 for Q3 2026, down 16.1% from 22.21 a year earlier and down 29.4% from the prior quarter.
Shoals Technologies (SHLS) EV to EBIT (2021 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Shoals Technologies' EV to EBIT came in at 18.29, down 13.1% year-over-year; for FY2025, it was 25.08, up 41.3% from FY2024.
- By year, EV to EBIT came in at 17.76 in FY2024 (-44.5%), 31.99 in FY2023 (-49.2%), 62.99 in FY2022 (-43.5%) and 111.48 in FY2021.
- Five-year quarterly EV to EBIT spans a low of 11.83 in Q1 2025 and a high of 111.48 in Q4 2021.
- Year over year, EV to EBIT gained in four of the last eight quarters, with growth averaging 9.4%.
- 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 Q3 2026 came in at 26.40 (Q2 2026), 18.43 (Q1 2026) and 25.08 (Q4 2025).
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
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.64 |
| Jun 30, 2026 | 26.40 |
| Mar 31, 2026 | 18.43 |
| Dec 31, 2025 | 25.08 |
| Sep 30, 2025 | 22.21 |
| Jun 30, 2025 | 17.10 |
| Mar 31, 2025 | 11.83 |
| Dec 31, 2024 | 17.76 |
| Sep 30, 2024 | 13.88 |
| Jun 30, 2024 | 20.35 |
| Mar 31, 2024 | 29.29 |
| Dec 31, 2023 | 31.99 |
| 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 |
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_KEY
import 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();