Shoals Technologies (SHLS) FCF Payout Ratio (2020 - 2023)

Shoals Technologies (SHLS) posted FCF Payout Ratio of 0.33 for Q1 2023, up 19.68% on a QoQ basis from 0.28 in Q3 2022, and up 402.4% year-over-year from 0.07 in Q1 2022.

Shoals Technologies (SHLS) FCF Payout Ratio (2020 - 2023) Analysis & Trends

Shoals Technologies' FCF Payout Ratio history runs 4 years deep, the most recent figure standing at 0.33 for Q1 2023.

  • Quarterly FCF Payout Ratio rose 402.4% year-over-year to 0.33 in Q1 2023, while the trailing twelve-month figure through Dec 2023 was 0.03 (down 86.63% YoY) and the FY2023 annual result came in at 0.03, down 86.63% from the prior year.
  • FCF Payout Ratio was 0.33 for Q1 2023 at Shoals Technologies, up from 0.28 in the prior quarter.
  • Across five years, FCF Payout Ratio topped out at 41.58 in Q3 2021 and bottomed at 289.85 in Q4 2021.
  • A 4-year average of 22.24 and a median of 0.18 in 2022 frame the typical range for FCF Payout Ratio.
  • Peak annual rise in FCF Payout Ratio reached 344908.03% in 2021, while the deepest fall reached 1296.02% in 2021.
  • Shoals Technologies' FCF Payout Ratio stood at 24.23 in 2020, then slumped by 1296.02% to 289.85 in 2021, then surged by 100.1% to 0.28 in 2022, then advanced by 19.68% to 0.33 in 2023.
  • Business Quant data shows SHLS's FCF Payout Ratio at 0.33 in Q1 2023, 0.28 in Q3 2022, and 0.09 in Q2 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn -
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn -
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 7.41
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn -
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2023 0.33
Sep 30, 2022 0.28
Jun 30, 2022 0.09
Mar 31, 2022 -0.11
Dec 31, 2021 -289.85
Sep 30, 2021 41.58
Jun 30, 2021 1.06
Dec 31, 2020 24.23
Sep 30, 2020 -0.01
Mar 31, 2020 0.01