Shoals Technologies (SHLS) Return on Capital Employed (2021 - 2026)

Shoals Technologies' Return on Capital Employed history runs 6 years deep, the most recent figure standing at 7.88% for Q1 2026.

• Quarterly Return on Capital Employed rose 170.0% year-over-year to 7.88% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 7.88% (up 170.0% YoY) and the FY2025 annual result came in at 7.82%, up 88.0% from the prior year.
• Return on Capital Employed was 7.88% for Q1 2026 at Shoals Technologies, up from 7.51% in the prior quarter.
• Across five years, Return on Capital Employed topped out at 13.72% in Q2 2023 and bottomed at 5.82% in Q2 2025.
• A 5-year average of 9.07% and a median of 8.55% in 2024 frame the typical range for Return on Capital Employed.
• Annual changes were most pronounced in 2022 — Return on Capital Employed sank 1143 bps — and 2023, when it soared 554 bps.
• Shoals Technologies' Return on Capital Employed stood at 13.01% in 2022, then declined by 19 bps to 10.55% in 2023, then plunged by 32 bps to 7.14% in 2024, then gained by 5 bps to 7.51% in 2025, then gained by 5 bps to 7.88% in 2026.
• Business Quant data shows SHLS's Return on Capital Employed at 7.88% in Q1 2026, 7.51% in Q4 2025, and 7.58% in Q3 2025.