Shoals Technologies (SHLS) Times Interest Earned (2020 - 2026)
Shoals Technologies (SHLS) reported Times Interest Earned of $2.66 for Q1 2026, up 48.9% on a YoY basis from $1.79 in Q1 2025, and down 61.64% quarter-over-quarter from $6.93 in Q4 2025.
Shoals Technologies (SHLS) Times Interest Earned (2020 - 2026) Analysis & Trends
Shoals Technologies has reported Times Interest Earned for 7 years, with the latest figure at $2.66 in Q1 2026.
- For the quarter ending Q1 2026, Times Interest Earned rose 48.9% year-over-year to $2.66; the trailing twelve-month figure through Mar 2026 stood at $5.7 (up 52.89% YoY), and the FY2025 full-year result was $5.64, up 52.45% from the prior year.
- Times Interest Earned for Q1 2026 stood at $2.66, down from $6.93 in the prior quarter.
- The five-year high for Times Interest Earned was $7.15 in Q2 2025, with the low at -$1.79 in Q3 2023.
- Historically, Times Interest Earned has averaged $3.97 across 5 years, with a median of $4.2 in 2022.
- Annual changes were most pronounced in 2022 — Times Interest Earned soared 449.14% — and 2023, when it slumped 142.67%.
- Shoals Technologies' Times Interest Earned stood at $4.05 in 2022, then soared by 38.21% to $5.59 in 2023, then climbed by 1.17% to $5.66 in 2024, then rose by 22.53% to $6.93 in 2025, then slumped by 61.64% to $2.66 in 2026.
- The last three Times Interest Earned figures came in at $2.66 (Q1 2026), $6.93 (Q4 2025), and $6.59 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 45.35 |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -46.83 |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | - |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | - |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 2.66 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 1.28 |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -2,410.00 |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.66 |
| Dec 31, 2025 | 6.93 |
| Sep 30, 2025 | 6.59 |
| Jun 30, 2025 | 7.15 |
| Mar 31, 2025 | 1.79 |
| Dec 31, 2024 | 5.66 |
| Sep 30, 2024 | 1.43 |
| Jun 30, 2024 | 5.69 |
| Mar 31, 2024 | 2.59 |
| Dec 31, 2023 | 5.59 |
| Sep 30, 2023 | -1.79 |
| Jun 30, 2023 | 4.86 |
| Mar 31, 2023 | 4.35 |
| Dec 31, 2022 | 4.05 |
| Sep 30, 2022 | 4.20 |
| Jun 30, 2022 | 3.11 |
| Mar 31, 2022 | 2.61 |
| Dec 31, 2021 | 0.74 |
| Sep 30, 2021 | 2.67 |
| Jun 30, 2021 | 3.89 |