Company / Total Debt
Shoals Technologies Group, Inc. Total Debt History
FY2020-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Total Debt
$141.8M
FY2024
5-year range
$141.8M / $247.1M
FY2020-FY2024
Trend
-21.9%
vs FY2023
Sector context
#157 of 187
Information Technology
What the data says
Shoals Technologies Group, Inc.'s total debt of $142M is lower than 84% of companies in the Information Technology sector (FY2024). Total Debt has declined for 4 consecutive years, from $359M in FY2020 to $142M in FY2024.
Based on SEC 10-K filings.
$142M in FY2024 with a 3-year CAGR of -16.9%.
Improved from $239M to $142M over the past 2 years.
Information Technology sector context is included.
Total Debt over time
Growth rates
- 3-Year CAGR
- -16.9%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 16% in Information TechnologyTop 16% of 187This company $141.8M Sector average $3.8B
▼
-96.3% below sector average
Key checks
Key Insights
- Shoals Technologies Group, Inc.'s total debt has declined for 4 consecutive years.
- 3-year CAGR of -16.9%, indicating a declining trend.
- In FY2024, total debt decreased 21.9% year-over-year.
- Ranks #157 out of 187 companies in the Information Technology sector.
Annual data
| Year | Total DebtValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $141.8M | -21.9% |
| FY2023 | $181.4M | -24.1% |
| FY2022 | $239.1M | -3.2% |
| FY2021 | $247.1M | -31.2% |
| FY2020 | $358.8M | - |
| FY2019 | - | - |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026