Shoals Technologies SHLS
NASDAQ SHLS
$7.09 -0.28 (-3.80%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

Shoals Technologies' (SHLS) quarterly Invested Capital came in at $2.0 million in Q4 2023, little changed YoY from $2.0 million in Q4 2022, and little changed on a QoQ basis from $2.0 million in Q3 2023.

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

Shoals Technologies (SHLS) has 4 years of Invested Capital data on file, last reported at $2.0 million in 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 held at $2.0 million in Q4 2023, from $2.0 million in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $3.5 million in Q4 2020 to a low of $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 slumped 42.86% — and 2022, when it changed 0.0%.
  • Tracing SHLS's Invested Capital over 4 years: stood at $3.5 million in 2020, then plunged 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.
  • The last three Invested Capital figures came in at $2.0 million (Q4 2023), $2.0 million (Q3 2023), and $2.0 million (Q2 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 First Solar 23.03 Bn 21.30 Bn 605.00 Mn 37.64 Mn
2 Nextpower 13.03 Bn 11.82 Bn 335.85 Mn -
3 Enphase Energy 5.10 Bn 4.16 Bn 175.01 Mn -
4 Sunrun 2.19 Bn 2.19 Bn 527.54 Mn 513.40 Mn
5 Solaredge Technologies 1.89 Bn 1.31 Bn 95.15 Mn -
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn -
7 Canadian Solar 985.60 Mn -602.69 Mn 124.40 Mn 2.39 Bn
8 JinkoSolar Holding 833.21 Mn -2.48 Bn 147.66 Mn -
9 Array Technologies 727.02 Mn 419.71 Mn 99.60 Mn 10.98 Mn
10 Toyo 181.99 Mn 105.35 Mn 47.76 Mn 2.64 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