Shoals Technologies (SHLS) Invested Capital (2020 - 2023)

Shoals Technologies (SHLS) posted Invested Capital of $2.0 million for Q4 2023, little changed on a QoQ basis from $2.0 million in Q3 2023, and little changed year-over-year from $2.0 million in Q4 2022.

Shoals Technologies (SHLS) Invested Capital (2020 - 2023) Analysis & Trends

Shoals Technologies' Invested Capital history runs 4 years deep, the most recent figure standing at $2.0 million for Q4 2023.

  • Quarterly Invested Capital changed 0.0% year-over-year to $2.0 million in Q4 2023, while the trailing twelve-month figure through Sep 2024 was $2.0 million (down 75.0% YoY) and the FY2023 annual result came in at $2.0 million, changed 0.0% from the prior year.
  • Invested Capital was $2.0 million for Q4 2023 at Shoals Technologies, roughly flat from $2.0 million in the prior quarter.
  • Across five years, Invested Capital topped out at $3.5 million in Q4 2020 and bottomed at $2.0 million in Q3 2021.
  • A 4-year average of $2.3 million and a median of $2.0 million in 2021 frame the typical range for Invested Capital.
  • Annual changes were most pronounced in 2021 — Invested Capital sank 42.86% — and 2022, when it changed 0.0%.
  • Shoals Technologies' Invested Capital stood at $3.5 million in 2020, then slumped by 42.86% to $2.0 million in 2021, then changed by 0.0% to $2.0 million in 2022, then changed by 0.0% to $2.0 million in 2023.
  • Business Quant data shows SHLS's Invested Capital at $2.0 million in Q4 2023, $2.0 million in Q3 2023, and $2.0 million in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 188.59 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 291.19 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 2.39 Bn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 10.25 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 1.36 Mn

Historic Data

Download Data
DateValue
Dec 31, 2023 2.00 Mn
Sep 30, 2023 2.00 Mn
Jun 30, 2023 2.00 Mn
Mar 31, 2023 2.00 Mn
Dec 31, 2022 2.00 Mn
Sep 30, 2022 2.00 Mn
Jun 30, 2022 2.00 Mn
Mar 31, 2022 2.00 Mn
Dec 31, 2021 2.00 Mn
Sep 30, 2021 2.00 Mn
Jun 30, 2021 3.50 Mn
Mar 31, 2021 3.50 Mn
Dec 31, 2020 3.50 Mn