shoals technologies grp inc - SHLS

SHLS

Close Chg Chg %
5.78 0.07 1.21%

Closed Market

5.85

+0.07 (1.21%)

Volume: 3.44M

Last Updated:

Jul 11, 2025, 4:00 PM EDT

Company Overview: shoals technologies grp inc - SHLS

SHLS Key Data

Open

$5.73

Day Range

5.69 - 5.97

52 Week Range

2.71 - 7.08

Market Cap

$966.27M

Shares Outstanding

167.18M

Public Float

164.13M

Beta

1.58

Rev. Per Employee

N/A

P/E Ratio

51.15

EPS

$0.11

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

6.19M

 

SHLS Performance

1 Week
 
-2.17%
 
1 Month
 
14.48%
 
3 Months
 
71.55%
 
1 Year
 
-14.85%
 
5 Years
 
N/A
 

SHLS Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 21
Full Ratings ➔

About shoals technologies grp inc - SHLS

Shoals Technologies Group, Inc. engages in the provision of electrical balance of system solutions for solar energy projects. Its EBOS components include cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures and splice boxes. The company was founded by Dean Solon in November 1996 and is headquartered in Portland, TN.

SHLS At a Glance

Shoals Technologies Group, Inc.
1400 Shoals Way
Portland, Tennessee 37148-4666
Phone 1-615-451-1400 Revenue 399.21M
Industry Semiconductors Net Income 24.13M
Sector Electronic Technology Employees 1,290
Fiscal Year-end 12 / 2025
View SEC Filings

SHLS Valuation

P/E Current 51.15
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 38.671
Price to Sales Ratio 2.337
Price to Book Ratio 1.656
Price to Cash Flow Ratio 11.607
Enterprise Value to EBITDA 16.512
Enterprise Value to Sales 2.639
Total Debt to Enterprise Value 0.137

SHLS Efficiency

Revenue/Employee 309,463.566
Income Per Employee 18,703.101
Receivables Turnover 4.032
Total Asset Turnover 0.482

SHLS Liquidity

Current Ratio 2.328
Quick Ratio 1.636
Cash Ratio 0.291

SHLS Profitability

Gross Margin 33.172
Operating Margin 12.818
Pretax Margin 9.485
Net Margin 6.044
Return on Assets 2.91
Return on Equity 4.38
Return on Total Capital 3.443
Return on Invested Capital 3.383

SHLS Capital Structure

Total Debt to Total Equity 25.838
Total Debt to Total Capital 20.533
Total Debt to Total Assets 17.925
Long-Term Debt to Equity 25.68
Long-Term Debt to Total Capital 20.407
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Shoals Technologies Grp Inc - SHLS

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
213.21M 326.94M 488.94M 399.21M
Sales Growth
+21.48% +53.34% +49.55% -18.35%
Cost of Goods Sold (COGS) incl D&A
139.29M 205.10M 329.79M 266.78M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
10.05M 10.51M 10.53M 12.63M
Depreciation
1.65M 1.81M 2.63M 5.03M
Amortization of Intangibles
8.40M 8.70M 7.90M 7.60M
COGS Growth
+18.81% +47.25% +60.79% -19.10%
Gross Income
73.92M 121.84M 159.15M 132.43M
Gross Income Growth
+26.84% +64.81% +30.63% -16.79%
Gross Profit Margin
+34.67% +37.27% +32.55% +33.17%
2021 2022 2023 2024 5-year trend
SG&A Expense
35.59M 55.87M 80.72M 82.25M
Research & Development
- - - -
-
Other SG&A
35.59M 55.87M 80.72M 82.25M
SGA Growth
+69.43% +56.96% +44.49% +1.90%
Other Operating Expense
(200.00K) (400.00K) (600.00K) (1.00M)
Unusual Expense
- - 18.29M (110.84M)
-
EBIT after Unusual Expense
20.24M 177.21M 79.03M 51.17M
Non Operating Income/Expense
- (1.66M) (6.67M) 518.00K
Non-Operating Interest Income
- - - 518.00K
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
14.55M 18.54M 24.10M 13.83M
Interest Expense Growth
+314.50% +27.42% +30.00% -42.63%
Gross Interest Expense
14.55M 18.54M 24.10M 13.83M
Interest Capitalized
- - - -
-
Pretax Income
4.03M 152.00M 54.94M 37.86M
Pretax Income Growth
-88.06% +3,671.71% -63.86% -31.08%
Pretax Margin
+1.89% +46.49% +11.24% +9.48%
Income Tax
86.00K 8.99M 12.27M 13.74M
Income Tax - Current - Domestic
1.56M 581.00K 940.00K (299.00K)
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(1.48M) 8.41M 11.33M 14.04M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
3.94M 143.01M 42.66M 24.13M
Minority Interest Expense
- 1.60M 15.40M 2.69M
Net Income
2.35M 127.61M 39.97M 24.13M
Net Income Growth
-93.05% +5,334.88% -68.68% -39.64%
Net Margin Growth
+1.10% +39.03% +8.18% +6.04%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
2.35M 127.61M 39.97M 24.13M
Preferred Dividends
- - - -
-
Net Income Available to Common
2.35M 127.61M 39.97M 24.13M
EPS (Basic)
0.021 1.1146 0.2435 0.1431
EPS (Basic) Growth
-90.03% +5,207.62% -78.15% -41.23%
Basic Shares Outstanding
112.05M 114.50M 164.16M 168.57M
EPS (Diluted)
0.021 0.7613 0.243 0.143
EPS (Diluted) Growth
-90.03% +3,525.24% -68.08% -41.15%
Diluted Shares Outstanding
112.05M 167.63M 164.50M 168.72M
EBITDA
48.59M 76.88M 89.56M 63.80M
EBITDA Growth
+4.08% +58.24% +16.50% -28.77%
EBITDA Margin
+22.79% +23.52% +18.32% +15.98%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 6.632
Number of Ratings 21 Current Quarters Estimate 0.117
FY Report Date 09 / 2025 Current Year's Estimate 0.376
Last Quarter’s Earnings 0.084 Median PE on CY Estimate N/A
Year Ago Earnings 0.35 Next Fiscal Year Estimate 0.467
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 19 19 18 20
Mean Estimate 0.12 0.14 0.38 0.47
High Estimates 0.14 0.17 0.42 0.62
Low Estimate 0.09 0.10 0.33 0.32
Coefficient of Variance 14.41 13.79 8.12 17.43

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 14 13 15
OVERWEIGHT 0 0 0
HOLD 5 7 8
UNDERWEIGHT 1 0 0
SELL 1 1 0
MEAN Overweight Overweight Overweight

Insider Actions for Shoals Technologies Grp Inc - SHLS

Date Name Shares Transaction Value
Apr 4, 2025 Jeffery Tolnar President 252,011 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $3.32 per share 836,676.52
Mar 12, 2025 Inez Lund Chief Accounting Officer 61,134 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $2.92 per share 178,511.28
Mar 7, 2025 Brandon Moss Chief Executive Officer; Director 1,051,303 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $3.07 per share 3,227,500.21
Mar 7, 2025 Dominic Bardos Chief Financial Officer 383,217 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $3.09 per share 1,184,140.53
Feb 21, 2025 Jeffery Tolnar President 131,207 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $4.08 per share 535,324.56
Feb 21, 2025 Dominic Bardos Chief Financial Officer 240,884 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $4.08 per share 982,806.72

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