shoals technologies group inc - SHLS

SHLS

Close Chg Chg %
6.97 0.13 1.87%

Open Market

7.10

+0.13 (1.87%)

Volume: 461.15K

Last Updated:

Apr 10, 2026, 11:43 AM EDT

Company Overview: shoals technologies group inc - SHLS

SHLS Key Data

Open

$7.00

Day Range

6.92 - 7.19

52 Week Range

2.92 - 11.36

Market Cap

$1.17B

Shares Outstanding

167.77M

Public Float

164.39M

Beta

1.64

Rev. Per Employee

N/A

P/E Ratio

34.95

EPS

$0.20

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

4.02M

 

SHLS Performance

1 Week
 
2.20%
 
1 Month
 
13.70%
 
3 Months
 
-19.52%
 
1 Year
 
104.40%
 
5 Years
 
-79.91%
 

SHLS Analyst Ratings

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

About shoals technologies group 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.
1500 Shoals Way
Portland, Tennessee 37148-4666
Phone 1-615-451-1400 Revenue 475.33M
Industry Semiconductors Net Income 33.57M
Sector Electronic Technology 2025 Sales Growth 19.069%
Fiscal Year-end 12 / 2026 Employees 1,480
View SEC Filings

SHLS Valuation

P/E Current 34.955
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 42.628
Price to Sales Ratio 3.011
Price to Book Ratio 2.372
Price to Cash Flow Ratio 83.86
Enterprise Value to EBITDA 22.827
Enterprise Value to Sales 3.371
Total Debt to Enterprise Value 0.111

SHLS Efficiency

Revenue/Employee 321,169.595
Income Per Employee 22,685.135
Receivables Turnover 3.149
Total Asset Turnover 0.551

SHLS Liquidity

Current Ratio 2.025
Quick Ratio 1.32
Cash Ratio 0.057

SHLS Profitability

Gross Margin 33.01
Operating Margin 11.862
Pretax Margin 10.207
Net Margin 7.063
Return on Assets 3.894
Return on Equity 5.805
Return on Total Capital 4.312
Return on Invested Capital 4.552

SHLS Capital Structure

Total Debt to Total Equity 29.773
Total Debt to Total Capital 22.942
Total Debt to Total Assets 19.376
Long-Term Debt to Equity 29.236
Long-Term Debt to Total Capital 22.529
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Shoals Technologies Group Inc - SHLS

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
326.94M 488.94M 399.21M 475.33M
Sales Growth
+53.34% +49.55% -18.35% +19.07%
Cost of Goods Sold (COGS) incl D&A
205.10M 329.79M 266.78M 318.42M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
10.51M 10.53M 12.63M 13.82M
Depreciation
1.81M 2.63M 5.03M 6.22M
Amortization of Intangibles
8.70M 7.90M 7.60M 7.60M
COGS Growth
+47.25% +60.79% -19.10% +19.36%
Gross Income
121.84M 159.15M 132.43M 156.91M
Gross Income Growth
+64.81% +30.63% -16.79% +18.49%
Gross Profit Margin
+37.27% +32.55% +33.17% +33.01%
2022 2023 2024 2025 5-year trend
SG&A Expense
55.87M 80.72M 82.25M 101.52M
Research & Development
- - - -
-
Other SG&A
55.87M 80.72M 82.25M 101.52M
SGA Growth
+56.96% +44.49% +1.90% +23.43%
Other Operating Expense
(400.00K) (600.00K) (1.00M) (1.00M)
Unusual Expense
- - - (110.84M)
-
EBIT after Unusual Expense
177.21M 79.03M 51.17M 56.38M
Non Operating Income/Expense
- (6.67M) 518.00K 2.13M
Non-Operating Interest Income
- - 518.00K 305.00K
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
18.54M 24.10M 13.83M 9.99M
Interest Expense Growth
+27.42% +30.00% -42.63% -27.72%
Gross Interest Expense
18.54M 24.10M 13.83M 9.99M
Interest Capitalized
- - - -
-
Pretax Income
152.00M 54.94M 37.86M 48.52M
Pretax Income Growth
+3,671.71% -63.86% -31.08% +28.14%
Pretax Margin
+46.49% +11.24% +9.48% +10.21%
Income Tax
8.99M 12.27M 13.74M 14.94M
Income Tax - Current - Domestic
581.00K 940.00K (299.00K) (1.19M)
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
8.41M 11.33M 14.04M 16.13M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
143.01M 42.66M 24.13M 33.57M
Minority Interest Expense
- - 15.40M 2.69M
-
Net Income
127.61M 39.97M 24.13M 33.57M
Net Income Growth
+5,334.88% -68.68% -39.64% +39.16%
Net Margin Growth
+39.03% +8.18% +6.04% +7.06%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
127.61M 39.97M 24.13M 33.57M
Preferred Dividends
- - - -
-
Net Income Available to Common
127.61M 39.97M 24.13M 33.57M
EPS (Basic)
1.1146 0.2435 0.1431 0.2007
EPS (Basic) Growth
+5,207.62% -78.15% -41.23% +40.25%
Basic Shares Outstanding
114.50M 164.16M 168.57M 167.26M
EPS (Diluted)
0.7613 0.243 0.143 0.1994
EPS (Diluted) Growth
+3,525.24% -68.08% -41.15% +39.44%
Diluted Shares Outstanding
167.63M 164.50M 168.72M 168.38M
EBITDA
76.88M 89.56M 63.80M 70.20M
EBITDA Growth
+58.24% +16.50% -28.77% +10.04%
EBITDA Margin
+23.52% +18.32% +15.98% +14.77%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 9.889
Number of Ratings 21 Current Quarters Estimate 0.09
FY Report Date 06 / 2026 Current Year's Estimate 0.40
Last Quarter’s Earnings 0.06 Median PE on CY Estimate N/A
Year Ago Earnings 0.36 Next Fiscal Year Estimate 0.505
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 19 18 20 19
Mean Estimate 0.09 0.12 0.40 0.50
High Estimates 0.12 0.17 0.52 0.65
Low Estimate 0.05 0.09 0.28 0.37
Coefficient of Variance 21.44 18.93 16.35 16.21

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 13 13 12
OVERWEIGHT 1 1 1
HOLD 7 7 5
UNDERWEIGHT 0 0 1
SELL 0 0 1
MEAN Overweight Overweight Overweight

Insider Actions for Shoals Technologies Group Inc - SHLS

Date Name Shares Transaction Value
Feb 20, 2026 David Sean van Bibber Chief Accounting Officer 10,515 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 20, 2026 Jeffery Tolnar President 305,636 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 20, 2026 Brandon Moss Chief Financial Officer 476,542 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 20, 2026 Bobbie L. King Chief Legal Officer 121,672 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Shoals Technologies Group Inc in the News