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

Shoals Technologies' Return on Invested Capital history runs 4 years deep, the most recent figure standing at 0.14% for 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 was 0.14% for Q3 2024 at Shoals Technologies, up from 0.07% in the prior quarter.
• Across five years, Return on Invested Capital topped out at 0.14% in Q3 2024 and bottomed at 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 fell 5 bps — and 2023, when it gained 9 bps.
• Shoals Technologies' Return on Invested Capital stood at 0.03% in 2021, then jumped by 159 bps to 0.08% in 2022, then retreated by 2 bps to 0.08% in 2023, then soared by 89 bps to 0.14% in 2024.
• Business Quant data shows SHLS's Return on Invested Capital at 0.14% in Q3 2024, 0.07% in Q2 2024, and 0.07% in Q1 2024.