Shoals Technologies Group annual return on equity
2022
2023
2024
2025
Shoals Technologies Group Return on Equity (ROE) Growth & History (SHLS)
Shoals Technologies Group's return on equity was 5.80% for fiscal 2025.
View full Shoals Technologies Group company overviewShoals Technologies Group annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 5.80% | +1.43 pp |
| 2024 | 2024-12-31 | 4.38% | −5.18 pp |
| 2023 | 2023-12-31 | 9.56% | −77.27 pp |
| 2022 | 2022-12-31 | 86.83% | — |
Shoals Technologies Group quarterly return on equity
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.99% | −0.45 pp |
| Q1 2026 | 2026-03-31 | −0.05% | +0.00 pp |
| Q4 2025 | 2025-12-31 | 1.37% | −0.05 pp |
| Q3 2025 | 2025-09-30 | 2.04% | +2.09 pp |
| Q2 2025 | 2025-06-30 | 2.44% | +0.29 pp |
| Q1 2025 | 2025-03-31 | −0.05% | −0.92 pp |
| Q4 2024 | 2024-12-31 | 1.42% | −1.68 pp |
| Q3 2024 | 2024-09-30 | −0.05% | +1.82 pp |
| Q2 2024 | 2024-06-30 | 2.15% | −1.51 pp |
| Q1 2024 | 2024-03-31 | 0.87% | −2.72 pp |
| Q4 2023 | 2023-12-31 | 3.10% | −67.77 pp |
| Q3 2023 | 2023-09-30 | −1.86% | −40.16 pp |
| Q2 2023 | 2023-06-30 | 3.66% | −34.56 pp |
| Q1 2023 | 2023-03-31 | 3.59% | −47.00 pp |
| Q4 2022 | 2022-12-31 | 70.87% | +21.69 pp |
| Q3 2022 | 2022-09-30 | 38.29% | — |
| Q2 2022 | 2022-06-30 | 38.21% | — |
| Q1 2022 | 2022-03-31 | 50.58% | — |
| Q4 2021 | 2021-12-31 | 49.18% | — |
Shoals Technologies Group return on equity trends
Between the periods ended 2022-12-31 and 2025-12-31, Shoals Technologies Group's return on equity decreased from 86.83% to 5.80%, a change of −81.03 percentage points. The latest reported quarter, Q2 2026, shows 1.99%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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