Shoals Technologies (SHLS) FCF Margin (2020 - 2026)

Shoals Technologies' FCF Margin history runs 7 years deep, the most recent figure standing at 34.93% for Q1 2026.

• Quarterly FCF Margin fell 5030.0% year-over-year to 34.93% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 8.57% (down 2976.0% YoY) and the FY2025 annual result came in at 3.27%, down 1687.0% from the prior year.
• FCF Margin was 34.93% for Q1 2026 at Shoals Technologies, down from 2.88% in the prior quarter.
• Across five years, FCF Margin topped out at 40.63% in Q2 2024 and bottomed at 39.34% in Q1 2022.
• A 5-year average of 9.75% and a median of 15.37% in 2024 frame the typical range for FCF Margin.
• Annual changes were most pronounced in 2023 — FCF Margin jumped 4687 bps — and 2025, when it slumped 6412 bps.
• Shoals Technologies' FCF Margin stood at 35.58% in 2022, then retreated by 27 bps to 26.13% in 2023, then plunged by 50 bps to 13.07% in 2024, then slumped by 122 bps to 2.88% in 2025, then slumped by 1114 bps to 34.93% in 2026.
• Business Quant data shows SHLS's FCF Margin at 34.93% in Q1 2026, 2.88% in Q4 2025, and 24.67% in Q3 2025.