Shoals Technologies (SHLS) Interest Coverage Ratio (2020 - 2026)

Shoals Technologies has reported Interest Coverage Ratio for 7 years, with the latest figure at 2.66 in Q1 2026.

• For the quarter ending Q1 2026, Interest Coverage Ratio rose 48.9% year-over-year to 2.66; the trailing twelve-month figure through Mar 2026 stood at 5.7 (up 52.89% YoY), and the FY2025 full-year result was 5.64, up 52.45% from the prior year.
• Interest Coverage Ratio for Q1 2026 stood at 2.66, down from 6.93 in the prior quarter.
• The five-year high for Interest Coverage Ratio was 7.15 in Q2 2025, with the low at 1.79 in Q3 2023.
• Historically, Interest Coverage Ratio has averaged 3.97 across 5 years, with a median of 4.2 in 2022.
• Annual changes were most pronounced in 2022 — Interest Coverage Ratio soared 449.14% — and 2023, when it slumped 142.67%.
• Shoals Technologies' Interest Coverage Ratio stood at 4.05 in 2022, then soared by 38.21% to 5.59 in 2023, then climbed by 1.17% to 5.66 in 2024, then rose by 22.53% to 6.93 in 2025, then slumped by 61.64% to 2.66 in 2026.
• The last three Interest Coverage Ratio figures came in at 2.66 (Q1 2026), 6.93 (Q4 2025), and 6.59 (Q3 2025), per Business Quant data.