Shoals Technologies Group Inc (SHLS) — Capital Reinvestment Ratio
Shoals Technologies Group Inc (SHLS) has a Capital Reinvestment Ratio of 0.54x as of September 2025, meaning it reinvests 1% of its operating cash flow ($19.42 Million) in capital expenditures ($10.45 Million). Check Shoals Technologies Group Inc (SHLS) tangible net worth to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Shoals Technologies Group Inc Capital Reinvestment Ratio (2018–2024)
This chart tracks Shoals Technologies Group Inc's Capital Reinvestment Ratio across 6 annual periods. For the full cash flow conversion analysis, see SHLS operating cash flow.
Annual Capital Reinvestment Ratio for Shoals Technologies Group Inc (2018–2024)
Year-by-year Capital Reinvestment Ratio for Shoals Technologies Group Inc from 2018 to 2024. See SHLS FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.10x | $80.39 Million | $8.39 Million | ▼ -9.2% |
| 2023 | 0.12x | $91.95 Million | $10.58 Million | ▲ +43.9% |
| 2022 | 0.08x | $39.45 Million | $3.15 Million | ▲ +33.6% |
| 2020 | 0.06x | $54.08 Million | $3.24 Million | ▲ +25.9% |
| 2019 | 0.05x | $36.18 Million | $1.72 Million | ▼ -89.9% |
| 2018 | 0.47x | $3.00 Million | $1.41 Million | — |