Shoals Technologies (SHLS) Price to FCF (2021 - 2025)
Shoals Technologies' (SHLS) Price to FCF was 160.41 for Q3 2025, compared with 11.26 a year earlier and up 172.6% from the prior quarter.
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Analysis
Shoals Technologies (SHLS) Price to FCF (2021 - 2025) Analysis & Trends
For FY2024, Price to FCF at Shoals Technologies was 12.81, down 60.6% from FY2023.
- By year, Price to FCF came in at 32.49 in FY2023 (-71.8%) and 115.07 in FY2022.
- The Q3 2025 figure ranks as the highest quarterly Price to FCF since Q3 2022.
- Year over year, Price to FCF gained in 1 of the last seven quarters, with growth averaging 3.3%.
- The high point for year-over-year Price to FCF in five years was Q2 2025 (growth of 427.5%); the low point was Q3 2023 (a decline of 96.6%).
- Per Business Quant data, the three quarters before Q3 2025 came in at 58.85 (Q2 2025), 7.50 (Q1 2025) and 12.81 (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 263.36 Bn | 224.44 Bn | 2.36 Bn |
| 2 | Bloom Energy | 84.85 Bn | 76.67 Bn | 355.57 Mn |
| 3 | First Solar | 18.77 Bn | 9.72 Bn | 605.00 Mn |
| 4 | Generac Holdings | 12.79 Bn | 11.62 Bn | 521.81 Mn |
| 5 | Nextpower | 12.78 Bn | 8.68 Bn | 335.85 Mn |
| 6 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn |
| 7 | EnerSys | 7.13 Bn | 5.32 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.42 Bn | -436.70 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.57 Bn | 1.46 Bn | 133.10 Mn |
| 10 | Shoals Technologies | 1.40 Bn | 1.36 Bn | 49.53 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 160.41 |
| Jun 30, 2025 | 58.85 |
| Mar 31, 2025 | 7.50 |
| Dec 31, 2024 | 12.81 |
| Sep 30, 2024 | 11.26 |
| Jun 30, 2024 | 11.16 |
| Mar 31, 2024 | 22.72 |
| Dec 31, 2023 | 32.49 |
| Sep 30, 2023 | 33.90 |
| Jun 30, 2023 | 55.22 |
| Mar 31, 2023 | 54.55 |
| Dec 31, 2022 | 115.07 |
| Sep 30, 2022 | 1,008.91 |
| Sep 30, 2021 | 731.96 |
| Jun 30, 2021 | 339.67 |
| Mar 31, 2021 | 384.74 |
API Access
Shoals Technologies Price to FCF 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-fcf&ticker=SHLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-fcf", "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-fcf&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();