Shoals Technologies Group, Inc. SHLS Asset turnover
Asset turnover at other companies
Other financials
Where this comes from
Calculated from Shoals Technologies Group, Inc.’s reported figures.
Based on trailing twelve months.
The official record: Shoals Technologies Group, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Shoals Technologies Group, Inc.'s asset turnover?
- Shoals Technologies Group, Inc. (SHLS) reported asset turnover of 0.6× in Q1 2026.
- How has Shoals Technologies Group, Inc.'s asset turnover changed year-over-year?
- Shoals Technologies Group, Inc.'s asset turnover increased by 22.2% year-over-year, from 0.5× to 0.6×.
- What is the long-term trend for Shoals Technologies Group, Inc.'s asset turnover?
- Over 4 years (2021 to 2025), Shoals Technologies Group, Inc.'s asset turnover has grown at a -4.9% compound annual growth rate (CAGR), from 0.7× to 0.6×.
- What does asset turnover mean?
- Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.