Shoals Technologies (SHLS) Return on Invested Capital (2021 - 2024)

Shoals Technologies (SHLS) has 4 years of Return on Invested Capital data on file, last reported at 0.14% in Q3 2024.

• Quarterly Return on Invested Capital rose 6.0% year-over-year to 0.14% in Q3 2024, while the trailing twelve-month figure through Sep 2024 was 0.14% (up 6.0% YoY) and the FY2023 annual result came in at 0.31%, down 1.0% from the prior year.
• Return on Invested Capital climbed to 0.14% in Q3 2024, from 0.07% in the prior quarter.
• In the past five years, Return on Invested Capital ranged from a high of 0.14% in Q3 2024 to a low of 0.03% in Q1 2022.
• A 4-year average of 0.07% and a median of 0.07% in 2024 frame the typical range for Return on Invested Capital.
• Annual changes were most pronounced in 2022 — Return on Invested Capital slipped 5 bps — and 2023, when it grew 9 bps.
• Tracing SHLS's Return on Invested Capital over 4 years: stood at 0.03% in 2021, then surged by 159 bps to 0.08% in 2022, then declined by 2 bps to 0.08% in 2023, then jumped by 89 bps to 0.14% in 2024.
• The last three Return on Invested Capital figures came in at 0.14% (Q3 2024), 0.07% (Q2 2024), and 0.07% (Q1 2024), per Business Quant data.