Shoals Technologies (SHLS) Tax Rate (2021 - 2026)

Shoals Technologies (SHLS) has 6 years of Tax Rate data on file, last reported at 23.06% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate fell 9094.0% year-over-year to 23.06%; the trailing twelve-month figure through Mar 2026 stood at 27.23% (down 1437.0% YoY), and the FY2025 full-year result was 30.8%, down 548.0% from the prior year.
• Tax Rate for Q1 2026 stood at 23.06%, down from 40.55% in the prior quarter.
• Across five years, Tax Rate topped out at 118.59% in Q3 2024 and bottomed at 2.88% in Q4 2022.
• The 5-year median for Tax Rate is 24.7% (2023), against an average of 36.38%.
• The widest annual swing landed in 2022, when Tax Rate sank 30072 bps; it then surged 8010 bps in 2025.
• A 5-year view of Tax Rate shows it stood at 2.88% in 2022, then soared by 1174 bps to 36.64% in 2023, then gained by 17 bps to 42.88% in 2024, then dropped by 5 bps to 40.55% in 2025, then tumbled by 43 bps to 23.06% in 2026.
• The last three Tax Rate figures came in at 23.06% (Q1 2026), 40.55% (Q4 2025), and 25.15% (Q3 2025), per Business Quant data.

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