Shoals Technologies (SHLS) EV to EBIT (2021 - 2026)
Shoals Technologies' (SHLS) quarterly EV to EBIT came in at 88.15 in Q2 2026, up 99.59% on a YoY basis from 44.17 in Q2 2025, and down 38.27% quarter-over-quarter from 142.79 in Q1 2026.
Analysis
Shoals Technologies (SHLS) EV to EBIT (2021 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has reported EV to EBIT for 6 consecutive years, with 88.15 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to EBIT rose 99.59% year-over-year to 88.15; the trailing twelve-month figure through Jun 2026 stood at 26.4 (up 54.37% YoY), and the FY2025 full-year result was 25.11, up 43.0% from the prior year.
- EV to EBIT declined to 88.15 in Q2 2026 per SHLS's latest filing, from 142.79 in the prior quarter.
- Across five years, EV to EBIT topped out at 283.44 in Q1 2022 and bottomed at 292.71 in Q3 2023.
- Historically, EV to EBIT has averaged 108.27 across 5 years, with a median of 128.78 in 2025.
- The sharpest annual moves came in 2023 and 2024: EV to EBIT sank 262.75% in 2023, then jumped 169.78% in 2024.
- Over 5 years, EV to EBIT stood at 178.75 in 2022, then tumbled by 53.99% to 82.24 in 2023, then sank by 33.7% to 54.52 in 2024, then soared by 49.23% to 81.36 in 2025, then climbed by 8.34% to 88.15 in 2026.
- According to Business Quant data, EV to EBIT over the past three periods registered 88.15, 142.79, and 81.36 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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 88.15 |
| Mar 31, 2026 | 142.79 |
| Dec 31, 2025 | 81.36 |
| Sep 30, 2025 | 65.97 |
| Jun 30, 2025 | 44.17 |
| Mar 31, 2025 | 120.45 |
| Dec 31, 2024 | 54.52 |
| Sep 30, 2024 | 204.26 |
| Jun 30, 2024 | 56.35 |
| Mar 31, 2024 | 163.16 |
| Dec 31, 2023 | 82.24 |
| Sep 30, 2023 | -292.71 |
| Jun 30, 2023 | 137.10 |
| Mar 31, 2023 | 148.04 |
| Dec 31, 2022 | 178.75 |
| Sep 30, 2022 | 179.86 |
| Jun 30, 2022 | 210.93 |
| Mar 31, 2022 | 283.44 |
| Dec 31, 2021 | 1,507.19 |
| Sep 30, 2021 | 483.68 |