Shoals Technologies (SHLS) Price to Earnings (2021 - 2026)
Shoals Technologies' (SHLS) quarterly Price to Earnings came in at 137.26 in Q2 2026, up 167.38% on a YoY basis from 51.34 in Q2 2025, and up 103.69% quarter-over-quarter from 3716.96 in Q1 2026.
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Shoals Technologies (SHLS) Price to Earnings (2021 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has reported Price to Earnings for 6 consecutive years, with 137.26 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Price to Earnings rose 167.38% year-over-year to 137.26; the trailing twelve-month figure through Jun 2026 stood at 52.32 (up 55.4% YoY), and the FY2025 full-year result was 42.39, up 10.91% from the prior year.
- Price to Earnings rose to 137.26 in Q2 2026 per SHLS's latest filing, from 3716.96 in the prior quarter.
- Across five years, Price to Earnings topped out at 612.67 in Q1 2022 and bottomed at 3716.96 in Q1 2026.
- Historically, Price to Earnings has averaged 361.35 across 5 years, with a median of 127.61 in 2024.
- The sharpest annual moves came in 2023 and 2024: Price to Earnings soared 351.51% in 2023, then sank 1009.15% in 2024.
- Over 5 years, Price to Earnings stood at 35.31 in 2022, then jumped by 351.51% to 159.43 in 2023, then dropped by 26.01% to 117.96 in 2024, then jumped by 48.56% to 175.24 in 2025, then dropped by 21.67% to 137.26 in 2026.
- According to Business Quant data, Price to Earnings over the past three periods registered 137.26, 3716.96, and 175.24 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 21.97 Bn | 20.25 Bn | 605.00 Mn |
| 2 | Nextpower | 12.81 Bn | 11.60 Bn | 335.85 Mn |
| 3 | Enphase Energy | 4.81 Bn | 3.87 Bn | 175.01 Mn |
| 4 | Solaredge Technologies | 2.10 Bn | 1.52 Bn | 95.15 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.14 Bn | 49.10 Mn |
| 6 | Shoals Technologies | 1.20 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 896.45 Mn | 597.20 Mn | 168.48 Mn |
| 8 | Array Technologies | 708.44 Mn | 401.13 Mn | 99.60 Mn |
| 9 | JinkoSolar Holding | 627.24 Mn | -480.04 Mn | 75.62 Mn |
| 10 | Toyo | 133.94 Mn | 23.90 Mn | 36.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 137.26 |
| Mar 31, 2026 | -3,716.96 |
| Dec 31, 2025 | 175.24 |
| Sep 30, 2025 | 104.41 |
| Jun 30, 2025 | 51.34 |
| Mar 31, 2025 | -1,968.11 |
| Dec 31, 2024 | 117.96 |
| Sep 30, 2024 | -3,502.50 |
| Jun 30, 2024 | 88.99 |
| Mar 31, 2024 | 399.10 |
| Dec 31, 2023 | 159.43 |
| Sep 30, 2023 | -315.78 |
| Jun 30, 2023 | 229.51 |
| Mar 31, 2023 | 227.89 |
| Dec 31, 2022 | 35.31 |
| Sep 30, 2022 | 282.61 |
| Jun 30, 2022 | 377.31 |
| Mar 31, 2022 | 612.67 |
| Dec 31, 2021 | -1,883.98 |
| Sep 30, 2021 | 881.66 |