Shoals Technologies (SHLS) Payout Ratio (2020 - 2023)
Shoals Technologies' (SHLS) Payout Ratio came in at 0.07 for Q4 2023, up 8.1% from 0.06 a year earlier and up 240.2% from the prior quarter.
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Analysis
Shoals Technologies (SHLS) Payout Ratio (2020 - 2023) Analysis & Trends
Since Q4 2020, Shoals Technologies has reported Payout Ratio for 13 quarters.
- In prior years, Shoals Technologies' Payout Ratio was 0.06 in FY2022 (-97.0%), 2.06 in FY2021 (-81.5%), 11.14 in FY2020 and 0.56 in FY2019.
- The Q4 2023 figure stands as the highest quarterly Payout Ratio since Q3 2022.
- On a year-over-year basis, Payout Ratio increased in 1 of the last eight quarters, with an average decline of 83.0%.
- The strongest year-over-year quarter for Payout Ratio in the past five years was Q4 2023, with growth of 8.1%; the weakest was Q3 2022, with a decline of 98.7%.
- According to Business Quant data, Payout Ratio for the three prior quarters was 0.02 (Q3 2023), 0.04 (Q2 2023) and 0.05 (Q1 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn |
| 10 | Shoals Technologies | 1.36 Bn | 1.33 Bn | 49.53 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 0.07 |
| Sep 30, 2023 | 0.02 |
| Jun 30, 2023 | 0.04 |
| Mar 31, 2023 | 0.05 |
| Dec 31, 2022 | 0.06 |
| Sep 30, 2022 | 0.59 |
| Jun 30, 2022 | 0.84 |
| Mar 31, 2022 | 0.99 |
| Dec 31, 2021 | 2.06 |
| Sep 30, 2021 | 43.82 |
| Jun 30, 2021 | 18.08 |
| Mar 31, 2021 | 17.39 |
| Dec 31, 2020 | 11.14 |
API Access
Shoals Technologies Payout Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payout-ratio&ticker=SHLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "ticker": "SHLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=payout-ratio&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();