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

Shoals Technologies has reported Return on Capital Employed for 6 years, with the latest figure at 7.88% in Q1 2026.

• For the quarter ending Q1 2026, Return on Capital Employed rose 170.0% year-over-year to 7.88%; the trailing twelve-month figure through Mar 2026 stood at 7.88% (up 170.0% YoY), and the FY2025 full-year result was 7.82%, up 88.0% from the prior year.
• Return on Capital Employed for Q1 2026 stood at 7.88%, up from 7.51% in the prior quarter.
• The five-year high for Return on Capital Employed was 13.72% in Q2 2023, with the low at 5.82% in Q2 2025.
• Historically, Return on Capital Employed has averaged 9.07% across 5 years, with a median of 8.55% in 2024.
• Annual changes were most pronounced in 2022 — Return on Capital Employed slumped 1143 bps — and 2023, when it soared 554 bps.
• Shoals Technologies' Return on Capital Employed stood at 13.01% in 2022, then slipped by 19 bps to 10.55% in 2023, then slumped by 32 bps to 7.14% in 2024, then increased by 5 bps to 7.51% in 2025, then increased by 5 bps to 7.88% in 2026.
• The last three Return on Capital Employed figures came in at 7.88% (Q1 2026), 7.51% (Q4 2025), and 7.58% (Q3 2025), per Business Quant data.