Growth Metrics

Shoals Technologies (SHLS) Income from Non-Controlling Interests (2021 - 2023)

Shoals Technologies posted quarterly Income from Non-Controlling Interests of $2.7 million for Q1 2023, up 33.75% year-on-year from $2.0 million in Q1 2022, and down 52.79% on a QoQ basis from $5.7 million in Q4 2022.

Shoals Technologies (SHLS) has 3 years of Income from Non-Controlling Interests data on file, last reported at $2.7 million in Q1 2023.

  • For the quarter ending Q1 2023, Income from Non-Controlling Interests rose 33.75% year-over-year to $2.7 million; the trailing twelve-month figure through Dec 2023 stood at $2.7 million (down 82.55% YoY), and the FY2023 full-year result was $2.7 million, down 82.55% from the prior year.
  • Income from Non-Controlling Interests for Q1 2023 stood at $2.7 million, down from $5.7 million in the prior quarter.
  • Across five years, Income from Non-Controlling Interests topped out at $5.7 million in Q4 2022 and bottomed at -$5.5 million in Q1 2021.
  • The 3-year median for Income from Non-Controlling Interests is $2.8 million (2021), against an average of $2.2 million.
  • Peak annual rise in Income from Non-Controlling Interests reached 1906.67% in 2022, while the deepest fall reached 36.88% in 2022.
  • A 3-year view of Income from Non-Controlling Interests shows it stood at -$315000.0 in 2021, then surged by 1906.67% to $5.7 million in 2022, then plunged by 52.79% to $2.7 million in 2023.
  • The last three Income from Non-Controlling Interests figures came in at $2.7 million (Q1 2023), $5.7 million (Q4 2022), and $4.8 million (Q3 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inc. Minority (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn -
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn -
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn -44.46 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn -
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn -464.98 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn -
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 65.15 Mn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn -

Historic Data

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DateValue
Mar 31, 2023 2.69 Mn
Dec 31, 2022 5.69 Mn
Sep 30, 2022 4.80 Mn
Jun 30, 2022 2.90 Mn
Mar 31, 2022 2.01 Mn
Dec 31, 2021 -315,000.00
Sep 30, 2021 2.79 Mn
Jun 30, 2021 4.60 Mn
Mar 31, 2021 -5.48 Mn