Shoals Technologies (SHLS) Price to Earnings (2021 - 2026)
Shoals Technologies' Price to Earnings came in at 36.07 for Q3 2026, down 3.2% from 37.28 a year earlier and down 31.1% from the prior quarter.
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Analysis
Shoals Technologies (SHLS) Price to Earnings (2021 - 2026) Analysis & Trends
For FY2025, Shoals Technologies' Price to Earnings was 42.34, up 9.6% from FY2024.
- Going back by year, Price to Earnings was 38.64 in FY2024 (-39.5%), 63.82 in FY2023 (+95.0%), 32.73 in FY2022 (-98.1%) and 1726.71 in FY2021.
- The five-year range for quarterly Price to Earnings is 22.82 (Q3 2023) to 1726.71 (Q4 2021).
- Year-over-year, Price to Earnings increased in four of the last eight quarters, with an average decline of 1.5%.
- The fastest year-over-year change in Price to Earnings over five years came in Q1 2024 (growth of 125.1%), and the weakest in Q4 2022 (a decline of 98.1%).
- Business Quant data shows SHLS's Price to Earnings at 52.32 (Q2 2026), 32.90 (Q1 2026) and 42.34 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn |
| 10 | Shoals Technologies | 1.40 Bn | 1.36 Bn | 62.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 36.07 |
| Jun 30, 2026 | 52.32 |
| Mar 31, 2026 | 32.90 |
| Dec 31, 2025 | 42.34 |
| Sep 30, 2025 | 37.28 |
| Jun 30, 2025 | 33.67 |
| Mar 31, 2025 | 29.10 |
| Dec 31, 2024 | 38.64 |
| Sep 30, 2024 | 28.43 |
| Jun 30, 2024 | 45.02 |
| Mar 31, 2024 | 62.57 |
| Dec 31, 2023 | 63.82 |
| Sep 30, 2023 | 22.82 |
| Jun 30, 2023 | 28.24 |
| Mar 31, 2023 | 27.79 |
| Dec 31, 2022 | 32.73 |
| Sep 30, 2022 | 273.94 |
| Jun 30, 2022 | 358.27 |
| Mar 31, 2022 | 362.98 |
| Dec 31, 2021 | 1,726.71 |
API Access
Shoals Technologies Price to Earnings 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=price-to-earnings&ticker=SHLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();