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

Shoals Technologies (SHLS) has reported Interest Coverage Ratio for 7 consecutive years, with 5.39 the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Interest Coverage Ratio fell 24.68% year-over-year to 5.39; the trailing twelve-month figure through Jun 2026 stood at 5.33 (up 38.63% YoY), and the FY2025 full-year result was 5.64, up 52.45% from the prior year.
• Interest Coverage Ratio advanced to 5.39 in Q2 2026 per SHLS's latest filing, from 2.66 in the prior quarter.
• Across five years, Interest Coverage Ratio topped out at 7.15 in Q2 2025 and bottomed at 1.79 in Q3 2023.
• Historically, Interest Coverage Ratio has averaged 4.05 across 5 years, with a median of 4.28 in 2022.
• The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio jumped 449.14% in 2022, then tumbled 142.67% in 2023.
• Over 5 years, Interest Coverage Ratio stood at 4.05 in 2022, then surged by 38.21% to 5.59 in 2023, then increased by 1.17% to 5.66 in 2024, then advanced by 22.53% to 6.93 in 2025, then slipped by 22.25% to 5.39 in 2026.
• According to Business Quant data, Interest Coverage Ratio over the past three periods registered 5.39, 2.66, and 6.93 for Q2 2026, Q1 2026, and Q4 2025 respectively.