Shoals Technologies (SHLS) Property, Plant & Equipment (Net) (2019 - 2026)
Shoals Technologies (SHLS) posted Property, Plant & Equipment (Net) of $62.69 million for Q3 2026, up 27.4% from $49.19 million a year earlier but down 0.9% from the prior quarter.
Shoals Technologies (SHLS) Property, Plant & Equipment (Net) (2019 - 2026) Analysis & Trends
At the end of FY2025, Shoals Technologies' Property, Plant & Equipment (Net) came in at $53.3 million, up 88.9% from FY2024.
- Annual Property, Plant & Equipment (Net) has increased for six consecutive years, with a five-year compound annual growth rate of 33.1% (FY2020 to FY2025).
- In prior years, Shoals Technologies' Property, Plant & Equipment (Net) was $28.22 million in FY2024 (+13.6%), $24.84 million in FY2023 (+47.2%), $16.87 million in FY2022 (+8.3%) and $15.57 million in FY2021 (+22.0%).
- Quarterly Property, Plant & Equipment (Net) has run from a low of $15.57 million in Q4 2021 to a high of $63.27 million in Q2 2026 over five years.
- On a year-over-year basis, Property, Plant & Equipment (Net) has increased in each of the last 20 quarters, with growth averaging 52.9% over the last eight quarters.
- The year-over-year growth in Property, Plant & Equipment (Net) has ranged between 8.3% (Q4 2022) and 96.6% (Q1 2026) over the last five years.
- According to Business Quant data, Property, Plant & Equipment (Net) for the three prior quarters was $63.27 million (Q2 2026), $59.07 million (Q1 2026) and $53.3 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 7.82 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 539.73 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 5.63 Bn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 108.64 Mn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 1.27 Bn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 874.16 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 671.00 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 561.18 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 156.70 Mn |
| 10 | Shoals Technologies | 1.40 Bn | 1.36 Bn | 62.40 Mn | 62.69 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 62.69 Mn |
| Jun 30, 2026 | 63.27 Mn |
| Mar 31, 2026 | 59.07 Mn |
| Dec 31, 2025 | 53.30 Mn |
| Sep 30, 2025 | 49.19 Mn |
| Jun 30, 2025 | 41.98 Mn |
| Mar 31, 2025 | 30.04 Mn |
| Dec 31, 2024 | 28.22 Mn |
| Sep 30, 2024 | 28.06 Mn |
| Jun 30, 2024 | 26.93 Mn |
| Mar 31, 2024 | 26.21 Mn |
| Dec 31, 2023 | 24.84 Mn |
| Sep 30, 2023 | 22.79 Mn |
| Jun 30, 2023 | 20.20 Mn |
| Mar 31, 2023 | 18.39 Mn |
| Dec 31, 2022 | 16.87 Mn |
| Sep 30, 2022 | 16.60 Mn |
| Jun 30, 2022 | 16.83 Mn |
| Mar 31, 2022 | 16.03 Mn |
| Dec 31, 2021 | 15.57 Mn |
Shoals Technologies Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=SHLS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();