Shoals Technologies Group, Inc.

Shoals Technologies Group, Inc.

SHLS
Shoals Technologies Group, Inc.US flagNASDAQ Global Market
8.45
USD
+0.31
- -
1.42BMarket Cap
Shoals Technologies Group, Inc.
SHLS
(NASDAQ Global Market)

Recent

price

8.45

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.62
0.87
1.93
1.9
2.86
2.98
2.37
2.84
3.51
Revenue per Share
0.05
0.15
0.37
0.02
1.11
0.24
0.14
0.2
0.19
Basic EPS, GAAP
0.01
0.21
0.56
-0.07
0.32
0.5
0.43
-0.1
-0.31
Free Cash Flow per Basic Share
0.06
0.08
4.13
- -
- -
- -
- -
- -
- -
Dividend per Share
1.52
1.65
-2.02
0.02
2.11
3.2
3.34
3.58
3.67
Book Value per Share
- -
0.22
-3.37
-1.18
1.2
2.51
2.67
2.97
3.08
Tangible Book Value per Share
167
167
91
112
114
164
169
167
168
Basic Weighted Avg Shares
104
144
176
213
327
489
399
475
588
Sales/Revenue/Turnover
10.69
18.64
21.24
16.99
20.29
16.16
12.82
11.86
10.63
Operating Margin (%)
9
9
9
10
11
11
13
14
16
Depreciation Expense
9
25
34
2
128
40
24
34
32
Net Income, GAAP
- -
- -
- -
2.13
5.91
22.34
36.28
30.8
28.67
Effective Tax Rate (%)
8.33
17.4
19.24
1.1
39.03
8.18
6.04
7.06
5.41
Profit Margin (%)
26
22
32
62
101
135
107
131
205
Working Capital
36
13
355
245
237
179
143
175
234
LT Debt
138
150
-184
-7
301
545
557
600
617
Total Equity
- -
15.24
21.28
17.15
16.03
9.7
4.58
5.29
5.73
Return on Invested Capital (%)
- -
15.23
21.26
7.24
33.26
8.84
4.62
5.49
5.16
Return on Capital (%)
- -
17.45
- -
- -
86.83
9.56
4.38
5.8
5.34
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
137
182
197
LT Finance Leases
39
38
37
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
167
168
168
Market Capitalization
1,423
1,104
1,666

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
258
383
369
Cash, Cash Equivalents & STI
7
2
16
Accounts Receivable, Net
129
129
135
Inventories
90
159
185
Total Current Liabilities
127
208
164
Payables & Accruals
81
102
92
ST Debt
- -
- -
- -
Deferred Revenue
37
30
55

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-823.84%
7.75%
Free Cash Flow
- -
-133.58%
-122.19%
Net Income, GAAP
- -
1,034.53%
39.16%
Sales/Revenue/Turnover
- -
25.02%
19.07%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
91
99
102
107
399
2025
80
111
136
148
475
2026
141
163
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.07
- -
0.05
0.14
2025
- -
0.08
0.07
0.05
0.2
2026
- -
0.07
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Shoals Technologies Group, Inc. Shoals Technologies Group, Inc. (Nasdaq: SHLS) designs, manufactures and sells electrical balance of systems (EBOS) solutions and components primarily for the solar energy, battery energy storage and electric vehicle charging industries; its core products include solar big lead assembly (BLA) solutions featuring plug-and-play cable and cabinet systems, homeruns, interconnection and extension solutions, combiners and re-combiners, load break disconnects and transition solutions for maintenance and shutdowns, wireless performance monitoring systems, battery energy storage systems (BESS) for solar-integrated and standalone projects, inline fuses, junction boxes, harness solutions such as cable assemblies, trunking and connectors, disconnect combiner boxes, original equipment manufacturer (OEM) components, and Fuel by Shoals EV charging solutions; the company also provides technical support services during installation, operations and maintenance transitions, along with value-added engineering services to optimize project layouts using minimal wire and connectors matched to specific modules, trackers and inverters while adhering to regional electrical codes. Founded in 1996 by Dean Solon and headquartered in Portland, Tennessee, with manufacturing facilities in Tennessee and Alabama, Shoals Technologies Group operates globally, serving engineering, procurement and construction firms, utilities, solar developers, independent power producers, solar module manufacturers and charge point operators, with its solutions deployed on over 66 GW of solar systems worldwide and holding 47 global patents. The company pivoted from automotive components to solar in 2002, went public via IPO in 2021 as Shoals 2.0 with a refreshed brand, acquired ConnectPV in 2021 and MaxGen in 2022 to expand EBOS offerings, and in March 2025 extended its longstanding manufacturing partnership with First Solar, Inc. First Solar, Inc. in Alabama to supply custom junction boxes supporting U.S. solar reshoring, job creation and domestic supply chain growth amid rising electricity demand.

Company News

APIChatGPT
  • Shoals Technologies Group (NASDAQ:SHLS) versus Legend Power Systems (OTCMKTS:LPSIF) Head to Head Review

  • Dimensional Fund Advisors LP Purchases 1,016,987 Shares of Shoals Technologies Group, Inc. $SHLS

  • Shoals Technologies Group Q2 Earnings Call Highlights

  • Shoals Technologies Group, Inc. (SHLS) Q2 2026 Earnings Call Transcript

  • Shoals Technologies Group (SHLS) Q2 Earnings and Revenues Surpass Estimates

  • Shoals Technologies Group Q2 Earnings Call Highlights

  • Shoals Technologies Group, Inc. Reports Financial Results for Second Quarter 2026

  • Shoals Technologies Group and TerraFlow Energy Forge Multi-Gigawatt Partnership to Advance the Future of Energy Storage

  • Edgestream Partners L.P. Takes $2.23 Million Position in Shoals Technologies Group, Inc. $SHLS

  • Shoals Technologies Group, Inc. Announces Participation in Upcoming Events for the Investor Community

  • Caxton Associates LLP Sells 81,204 Shares of Shoals Technologies Group, Inc. $SHLS

  • Shoals Technologies Group, Inc. Announces Second Quarter 2026 Earnings Release Date and Conference Call

  • FSLR or SHLS: Which Is the Better Value Stock Right Now?

  • Shoals Technologies Group Secures ITC Victory Upholding American Intellectual Property

  • Shoals Technologies Group Secures ITC Victory Upholding American Intellectual Property

  • As Solar M&A Heats Up, These 4 Companies Could Be on the Block

  • Primary Markets Group May 2026 U.S. IPO Monthly

  • Robbins Geller Rudman & Dowd LLP and Motley Rice LLC Announce Proposed Settlement in the Shoals Technologies Securities Litigation

  • Shoals Technologies Group, Inc. Opens New Tennessee Mega Facility to Support American Manufacturing and the Future of Energy Infrastructure

  • Shoals Technologies' CFO Sold Over 54,000 Company Shares. What Does That Mean for Investors?