Shoals Technologies (SHLS) Payout Ratio (2020 - 2023)

Shoals Technologies (SHLS) has reported Payout Ratio for 4 consecutive years, with 0.15 the latest figure, recorded in Q1 2023.

• For the quarter ending Q1 2023, Payout Ratio fell 75.51% year-over-year to 0.15; the trailing twelve-month figure through Dec 2023 stood at 0.06 (up 13.5% YoY), and the FY2023 full-year result was 0.06, up 13.5% from the prior year.
• Payout Ratio fell to 0.15 in Q1 2023 per SHLS's latest filing, from 0.25 in the prior quarter.
• Across five years, Payout Ratio topped out at 128.36 in Q4 2021 and bottomed at 14.92 in Q1 2021.
• Historically, Payout Ratio has averaged 23.1 across 4 years, with a median of 0.44 in 2022.
• The widest YoY moves for Payout Ratio: up 3900.05% in 2021, down 64888.09% in 2021.
• Over 4 years, Payout Ratio stood at 85.87 in 2020, then jumped by 49.48% to 128.36 in 2021, then plunged by 99.8% to 0.25 in 2022, then sank by 38.22% to 0.15 in 2023.
• According to Business Quant data, Payout Ratio over the past three periods registered 0.15, 0.25, and 0.22 for Q1 2023, Q3 2022, and Q2 2022 respectively.