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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Shoals Technologies (SHLS) Gross Margin (2020 - 2025)

Shoals Technologies (SHLS) has disclosed Gross Margin for 6 consecutive years, with 31.63% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Gross Margin fell 593.0% year-over-year to 31.63%, compared with a TTM value of 35.03% through Dec 2025, down 54.0%, and an annual FY2025 reading of 35.03%, down 54.0% over the prior year.
  • Gross Margin was 31.63% for Q4 2025 at Shoals Technologies, down from 37.0% in the prior quarter.
  • Across five years, Gross Margin topped out at 45.92% in Q1 2023 and bottomed at 10.54% in Q3 2023.
  • Average Gross Margin over 5 years is 36.97%, with a median of 38.79% recorded in 2022.
  • The sharpest move saw Gross Margin tumbled -2915bps in 2023, then skyrocketed 1429bps in 2024.
  • Year by year, Gross Margin stood at 33.14% in 2021, then grew by 29bps to 42.66% in 2022, then dropped by 0bps to 42.46% in 2023, then dropped by -12bps to 37.56% in 2024, then fell by -16bps to 31.63% in 2025.
  • Business Quant data shows Gross Margin for SHLS at 31.63% in Q4 2025, 37.0% in Q3 2025, and 37.17% in Q2 2025.